Revenues from Automotive Transmission Market to top 196.20 Billion USD by 2021

Posted May 29, 2019 by rechaldey

Automotive Transmission Market is estimated to be worth USD 147.41 Billion in 2016 and is projected to grow at a CAGR of 5.89% between 2016 to 2021.

Automotive Transmission Market is estimated to be worth USD 147.41 Billion in 2016 and is projected to grow at a CAGR of 5.89% between 2016 to 2021. The report analyzes and forecasts the market size, in terms of volume (thousand units) and value (USD million), for the automotive transmission market.
Automotive Transmission Market by Type (Automatic, Manual, AMT, DCT, CVT), Vehicle type (Passenger Car, LCV, HCV, & Electric Vehicle), Number of Forward Gears, Fuel, & Region (Asia-Pacific, North America, Europe, RoW) - Global Forecast to 2021.

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In the research methodology, various secondary sources has been used such as Society of Indian Automobile Manufacturers (SIAM), China Association of Automobile Manufacturers (CAAM), Environmental Protection Agency (EPA), International Council on Clean Transportation (ICCT) and European Automobile Manufacturers Association (EAMA). Interviews have been conducted with experts from related industries and suppliers to understand the future trends of the automotive transmission market.

Browse and in-depth TOC on Automotive Transmission Market
84 - Tables
69 - Figures
167 – Pages

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Target Audience
• Automotive OEMs
• Automotive transmission suppliers
• Automotive transmission manufacturers associations
• Automotive transmission distributors

The automatic transmission (AT) market, in terms of value, is estimated to grow at the highest CAGR during the forecast period. The transmission market for two wheelers will see a steady growth as the demand for two wheelers is on the rise given the fuel efficiency and ease of commuting offered by two wheelers. In developed regions such as Europe and North America, scooters and motorcycles are mainly used for recreational purposes they are cheap to buy, easy to operate and convenient to park.

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The favorable macroeconomic factors in the Asia-Pacific, like cheap labor, government incentives for manufacturing industry and large local market have ensured that this region accounts for the largest share of the global transmission market. It consists of countries such as China, India, Japan, and South Korea where a majority of the automotive production is concentrated. Asia-Pacific is estimated to be followed by Europe where manual transmission is preferred over automatic transmission.

Automotive Transmission Market Key Players

• Aisin Seiki Co. (Japan),
• ZF Friedrichshafen AG (Germany),
• Getrag Corporate Group (Germany),
• Jatco Ltd. (Japan),
• Magna Powertrain (U.S.).

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Categories Automotive , Reports , Research
Tags Automotive Transmission Market
Last Updated May 29, 2019