Press release
Automotive Transmission Market Growth, Trends, and Forecast 2025 | Top key players - Aisin Corporation, ZF Friedrichshafen AG, Magna International Inc.
Automotive Transmission Market
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The Global Automotive Transmission Market reached US$ 96.67 billion in 2023 and is expected to reach US$ 154.14 billion by 2031, growing with a CAGR of 6.01% during the forecast period 2024-2031.
The Automotive Transmission Market refers to the industry focused on the development, production, and sales of transmission systems used in vehicles. These systems play a critical role in transferring power from the engine to the wheels, enabling smooth gear shifts. With advancements in technology, the market is evolving towards more efficient, electric, and automated transmission solutions for modern vehicles.
Competitive Evaluation:
Companies covered in this report are Aisin Corporation, ZF Friedrichshafen AG, Magna International Inc., JATCO Ltd , Eaton Corporation, Hyundai Transys, Allison Transmissions, Schaeffler AG, BorgWarner Inc., Vitesco Technologies and GKN Automotive.
The Automotive Transmission Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.
Key Development
In December 2023, ZF Friedrichshafen AG expanded its local manufacturing capabilities in Coimbatore, India, by opening a new facility dedicated to producing transmissions and axles. This move aims to meet growing consumer demands for intelligent systems, sustainable technologies, and faster development cycles, while also serving both the domestic and select export automotive transmission markets.
In September 2023, Aisin Corporation unveiled several new electrification technologies and innovations at the 2023 Detroit Auto Show. The company showcased upgraded axles designed for enhanced energy efficiency, as well as a 1-motor Hybrid Transmission and a 2-motor Hybrid System, both of which offer improved performance and support the shift towards more sustainable automotive solutions.
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Automotive Transmission Market Segments
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Engine: IC Engine, Electric.
By Type: Manual, Automatic, Automated Manual Transmission (AMT), Others.
By Fuel Type: Gasoline, Diesel, Others.
By Vehicle Type: Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle.
Regional Assessment:
Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Automotive Transmission market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
In terms of geographical analysis, Automotive Transmission Market report provides an in-depth view of:-
∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies
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This report provides a 360-degree synopsis of the competitive scenario of the Automotive Transmission industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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