2017 Global Automotive Gear Shifter Market Shows Speedy Growth.

A gear shifter is also referred as gear lever or gear stick. Automotive gear Shifter is a metal bar connected to the switch assembly in a manual or automatic transmission outfitted in an automobile and is employed to shift gears. In a vehicle that equipped with automatic transmission, a similar gear stick is provided and it is referred as a gear selector. A gear shifter will generally be used to shift gear while pressing the clutch pedal with the foot to detach the engine from the wheels and drivetrain. The gear shifters are generally mounted between the front seats of the automobile, either on the center console or directly on the floor of the automobile. Some automobiles have a column shift in which the gear shifter is placed on the steering column. The vehicles with semi-automatic transmissions, automatic transmission, and continuously variable transmission gearboxes do not need a clutch pedal.

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The Global automotive gear shifter market is anticipated to witness steady growth over the forecast period of 2017 to 2022 with decent compound annual growth rate. The factors contributing to the growth of the global market are; growing vehicle-owning households and disposable incomes, amplified manufacturing of automobiles ensuing in the enlarged requirement for gear systems, preference for an improved driving experience by customers, improvements in non-ferrous alloy castings and recognition of robust polymer materials. Furthermore, expansion of the automobile sector in developing countries is expected to generate new opportunities for the automotive gear shifter market in the near future. However, owing to technological advancements, vehicles with semi or fully automatic transmission are being designed, which will probably hamper the market growth to some extent during the forecast year.

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The key market players for the global automotive gear shifter market are Nanjing Aolin Sibang Mechanical & Electrical Equipment Co. Ltd., Kongsberg Gruppen ASA, Chongqing span (Group) Co., Ltd., ZF Friedrichshafen AG, Ningbo Gaofa Automotive Control System Co., Ltd., GHSP, Inc., Fuji Kiko Co., Ltd., Tokai Rika Co., Ltd., SL Corporation, Dura Automotive Systems LLC, SILA Group, Ficosa International, S.A. and Leopold Kostal GmbH & Co. KG. By application, the market industry is split into; Passenger Vehicle and Commercial Vehicle. According to types, the automotive gear shifter market is classified as; Manual mode and Automatic mode. Geographically, the global market is segmented into regions which are; Asia-Pacific (India, China, Southeast Asia, Korea, and Japan), South America (Argentina, Columbia and Brazil), North America (Mexico, Canada and USA), Europe (Italy, France, Russia, UK and Germany) and Middle East and Africa (Egypt, UAE, Nigeria, South Africa and Saudi Arabia).

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