Shale Gas Production Boosts Transmission Sales Market: A Key Driver Powering Transmission Sales Market Growth In 2025

The Transmission Sales Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Transmission Sales Market Size and Its Estimated Growth Rate?
In the past few years, the market size for transmission sales has witnessed significant growth. It is forecasted to increase from $17.96 billion in 2024 to $19.14 billion in 2025, at a compound annual growth rate (CAGR) of 6.6%. The growth experienced in this historic period can be attributed to factors such as vehicle demand, fuel efficiency norms, worldwide economic patterns, and consumer preferences.

Expectations are high for a strong surge in the size of the transmission sales market in the coming years. The market is projected to expand to $25.64 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.6%. The substantial growth anticipated in the forecast period can be attributed to several factors including the increasing adoption of electric vehicles, the rise of autonomous vehicles, evolving government policies, and global market expansion. The forecast period is also expected to witness a shift towards automatic transmissions, dominant electrification, the rise of Advanced Driver Assistance Systems (ADAS), an increased usage of lightweight materials, integration of AI and machine learning, development of modular and scalable designs, and market consolidation.

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How Are Emerging Segments Shaping the Transmission Sales Market Landscape?
The transmission sales market covered in this report is segmented -

1) By Type: Reciprocating, Rotary, Centrifugal, Axial Flow
2) By Compression Media: Air Compressor, Gas Compressor
3) By Application: Artificial Lift, Gas Processing Station, LNG And FPS, Storage And Facilities, Other Application
4) By End-User: Oil And Gas, Power Generation, Water And Wastewater Management, Other End User

Subsegments:
1) By Reciprocating: Piston Compressors, Diaphragm Compressors
2) By Rotary: Gear Pumps, Vane Pumps, Screw Compressors
3) By Centrifugal: Single-Stage Centrifugal Pumps, Multi-Stage Centrifugal Pumps
4) By Axial Flow: Axial Flow Pumps, Mixed Flow Pumps

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Which Growth Factors Are Influencing Transmission Sales Market Expansion?
The expansion of the transmission sales market is anticipated to be fueled by the increasing activities in shale gas production. Shale gas, a type of natural gas trapped within shale rocks, facilitates transmission sales and storage since it is conveyed long distances via high-pressure pipelines. The process starts with the processing of shale gas among other types of natural gases. For instance, as per the Center for Strategic and International Studies, a non-profit organization based in the U.S., during the first three quarters of 2021, about $36 billion was earned as free cash flow by twenty of the U.S. shale producers. Consequently, the rise in shale gas production activities is driving the growth of the transmission sales market.

Who Are the Dominant Players Across Different Transmission Sales Market Segments?
Major companies operating in the transmission sales market include Caterpillar Inc., Cummins Inc., PJSC Gazprom, Siemens AG, General Electric Company, Allison Transmission Inc., ZF Friedrichshafen AG, Mister Transmission Ltd., Lee Myles Autocare & Transmission, ABB Ltd., Schaeffler Technologies AG & Co. KG, Continental AG, Power Sales Group Inc., Duke Energy Corporation, Hyundai Heavy Industries Co. Ltd., Ingersoll Rand Inc., Schneider Electric SE, Mitsubishi Electric Corporation, Eaton Corporation plc, Toshiba Corporation, Hitachi Ltd., Alstom SA, CG Power and Industrial Solutions Limited, Bharat Heavy Electricals Limited, Larsen & Toubro Limited, Powell Industries Inc., S&C Electric Company, Eimco Electro-Mechanicals Co. Ltd., Emerson Electric Co., Prysmian Group S. p. A., Nexans S. A., NKT A/S, LS Cable & System Ltd.

What Are the Latest Developing Trends in the Transmission Sales Market?
The trend of technological innovation is becoming more prevalent in the transmission sales industry. Large corporations in this market are striving to remain competitive by incorporating new technologies into their products. An example of this was seen in February 2023 when GE Digital, a software company based in the US, unveiled their GridOS software for grid management purposes. The GridOS platform delivers secure and trustworthy managing of grids, providing the stability and adaptability demanded by utility companies globally. GridOS also aims to turn the electric grid into an eco-friendly energy grid for the future. It does this by interweaving energy data, network modeling, and artificial intelligence/machine learning-based analytics to drive a collection of smart applications, created by GE, utility companies, and GridOS partners.

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Which Geographic Regions Are Expected to Dominate the Transmission Sales Market in the Coming Years?
Europe was the largest region in the global transmission sales market in 2024.The regions covered in the transmission sales market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Transmission Sales Market?
2. What is the CAGR expected in the Transmission Sales Market?
3. What Are the Key Innovations Transforming the Transmission Sales Industry?
4. Which Region Is Leading the Transmission Sales Market?

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