Automotive Automatic Transmission System Market to Register Considerable Growth

Posted by Preeti on January 21st, 2021

Market Scenario

The high shelf shifting potential offered by automobile transmission can prompt the expansion of the automobile automatic transmission system market 2020, reveals Market Research Future (MFRF).  The high efficacy of process of the transmission of power from the engine across the wheels, automatically by the change in gear ratios can add a competitive advantage to the automotive automatic transmission system world market. With the assistance of automotive automatic transmission system, a vehicle can move from one point to another without the requirement for shifting of gears manually. The slashing in manual labor and increase in convenience of operations can act as strong boosters for the rise of the automotive automatic transmission system market. An internal combustion engine is used to cause rotation of automatic automotive transmission system at high RPM can support the rise of the automatic transmission system worldwide market. The variation in speed range and different torque outputs are beneficial in case where vehicles move in heavy traffic condition. The rise in world population and increase in traffic congestion can support the growth of the automotive automatic transmission market. Across 2017 to 2023, the global automotive automatic transmission system market can expand at 6% CAGR.

Market Segmentation

The segment study of the global automatic transmission market aids investors in getting enhanced understanding about the market. It also offers insight on growth prospects of the market. Type, fuel, and vehicle type are parameters on which the automotive automatic transmission system market segment study is based. The type based, automotive automatic transmission system market segments are Dual-Clutch transmission (DCT), Automated Manual Transmission (AMT), and Continuously Variable Transmission (CVT). The vehicle type based, automotive automatic transmission system market are HCV, Passenger Car, and LCV. The fuel type based, automotive automatic transmission system are diesel, gasoline, and hybrid.

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Regional Analysis

In Asia Pacific region, automotive automatic transmission system market is anticipated to rise at the highest rate owing to rise in the need for gear shift systems and automated clutch in commercial vehicles. Gear shift and automated clutch assist in the reduction of accidents and aids in making ride comfortable and safe. The increase in the demand for automated transmission system can prompt the market in the years to come.

 In North America, the automotive automatic transmission system is rapidly replacing manual transmission system, as torque interruption while changing of gear is accurate in the prior. Dual clutch transmission that provides two clutch inputs offers smooth and comfortable ride, which is also an important replacement to traditional solutions. The comfort ride offered by these vehicle can impel the rise of the automatic transmission market in the near future. 

In Europe, the automotive automatic transmission system market can rise due to the support of the government to imposed major regulations to curb high vehicular CO2 emission from vehicles. Automobiles that emit high CO2 are to be penalized with high taxation and high cost of fuel that can result in having negative impact on the environment, thus result in the adoption of automatic automotive transmission system across the assessment period. The increase in utility of such system can bolster the market rise in Europe.

Key Players

Some notable players in the global automotive automatic transmission system market are mentioned in the report published by MRFR. They are; Aisin Seiki Co., Ltd. (Japan), Allison Transmission (U.S.), Magna International Inc. (Canada), JATCO Ltd. (Japan), GKN PLC (U.K.), ZF Friedrichshafen AG (Germany), BorgWarner Inc. (U.S.), Continental AG (Germany), GETRAG (Germany), and Eaton Corporation PLC (Republic of Ireland) among other major players in the market.

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Key Questions Addressed by the Report

  • What was the historic market size?
  • Which segmentation (Product/ Capacity) is driving market?
  • What will be the growth rate?
  • How are the key players in this market?
  • What are the strategies adopted by key players?

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Preeti

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Preeti
Joined: January 13th, 2021
Articles Posted: 385

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