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Automotive Transmission Market Set to Surge Significantly During 2016 - 2026 : Persistence Market Research
The Automotive Transmission Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.Global Automotive Transmission Market Dynamics:
Global automotive transmission market is basically driven by global automotive production and sales. Rising demand for low range and mid-range automobile in Asia Pacific and Latin America region are fueling the growth of global automotive transmission market. Asia Pacific is thriving market for low and mid-range passenger cars and is anticipated to grow with brisk rate in forecast period of 2016-2026, which will further propel the global automotive transmission market. Rise in demand for high end cars in North America and Europe is fueling the market for advanced transmission system such as automatic transmission (AT), continuous variable transmission (CVT), and dual clutch transmission (DCT). Large adoption rate of semi-automatic transmission system and automatic transmission system in commercial vehicle is key driving factor for the growth of global automotive transmission market.
Properly designed, programmed and tuned transmission system can improve the fuel efficiency dramatically, which will help the automotive OEM to meet the stringent environmental norms in various countries.
Consumers are leaning more towards comfort of vehicle, driving experience and energy efficiency and this trend is prominent in North American countries and European countries, which may increase the demand for advanced automotive transmission.
Global Automotive Transmission Market Players
Major players identified for global automotive transmission market are:
• Aisin Seiki Co., Ltd.
• Eaton Corporation
• GKN PLC
• Allison Transmission Inc.
• Magna International
• BorgWarner Inc.
• JATCO Ltd.
• ZF Friedrichshafen AG
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, production methods, end-use industries and applications.
Global Automotive Transmission Market: Regional Outlook
The global automotive transmission market can be segmented based on geographical region such has North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, and Middle East & Africa. Asia Pacific is biggest market for automotive sector and poised to healthy growth for the forecast period of 2016 – 2026. Rising demand for commercial vehicles in Asia Pacific region is also major driver for global automotive transmission system. Furthermore, North America and Europe is major market for luxury cars and sports, and is anticipated to grow at steady growth rate during forecast period. Demand of aftermarket transmission system is significant in North America and Europe which might positively impact the global automotive transmission market.
Browse Full Report summary and to request sample report and table of content @ http://www.persistencemarketresearch.com/market-research/automotive-transmission-market.asp
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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