Opportunities for the Automotive Transmission Market in the United States


Posted October 6, 2020 by hiteshchawra

Opportunities for the Automotive Transmission Market in the United States

 
"According to a new country report published by Lucintel, the future of the automotive transmission market in the United States looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The automotive transmission market in the United States is primarily driven by increasing vehicle production and growing demand for lightweight transmission systems to enhance the driving experience.

This report studies factors affecting the automotive transmission market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the automatic transmission will remain the largest segment. Shifting consumer interest from manual to automatic transmission is the most disruptive trend due to ease of operation and low maintenance cost which is driving the automatic transmission market. Within the automotive transmission market in the United States, passenger cars will remain the largest segment due to increasing demand for compact, mid size, and luxury cars. Electric vehicle is expected to witness the highest growth over the forecast period due to government initiatives to promote the electric vehicles and increasing adoption of e-CVT (electric continuously variable transmission) system.

Emerging trends, which have a direct impact on the dynamics of the automotive transmission industry, include the introduction of more efficient automatic transmission and increasing demand for hybrid and dual clutch transmission.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive transmission market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Transmission Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive transmission market in the United States by vehicle type, transmission type, and engine type as follows:

Automotive Transmission Market by Transmission Type [$B shipment analysis for 2014 – 2025]:
• Automatic
• Manual

Automotive Transmission Market by Vehicle Type [$B shipment analysis for 2014 – 2025]:
• Passenger Car
>Compact Cars
>Mid-Size Cars
>Luxury Cars
>SUVs
• LCV
• HCV
• Electric Vehicles

Automotive Transmission Market by Engine Type [$B shipment analysis for 2014 – 2025]:
• IC Engine
• Electric Vehicles

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-transmission.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Issued By Hitesh
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Categories Aerospace , Architecture , Blogging
Last Updated October 6, 2020