Automotive Automatic Transmission System Industry Global Market Size, Share, Tre

Posted by Abhijeet Bendre on January 17th, 2019

Market Research Future published report on “Global Automotive Automatic Transmission System Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Several factors are responsible for the growth of the global automotive automatic transmission system market, the first one being the shift of population demand from manual to automatic transmission due to ease of operation. Secondly, the system causes less fatigue to the driver in case of comparable distances.

The global Automatic Transmission System Market has been segmented on the basis of type, fuel type, vehicle type, and lastly, region. By types, this market has been segmented into the automated manual transmission (AMT), continuously variable transmission (CVT), and dual-Clutch transmission (DCT). On the basis of fuel, the market has been segmented into diesel, gasoline, and hybrid. Based on vehicle type, the market has been segmented into the light commercial vehicle (LCV), heavy commercial vehicle (HCV), and a passenger car.

Browse Complete Report Information At: https://www.marketresearchfuture.com/reports/automatic-transmission-market-1826

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The North America market currently leads in terms of global demand for automobiles with automatic transmission. The primary reason for this is the unpopular public transport in U.S., which increases the use of personal automobiles. Passenger vehicles in U.S. are required to cover huge distances and thus, hassle-free automatic transmission is more preferred than the enhanced skill requiring manual transmission. The Asia Pacific market is the fastest growing market for the automatic transmission since the automobile sales are registering the highest growth rate in this region. The lowering dependence on the public transport in this region increases to the preference for family cars, which are driven by all the family members. Thus, the global automatic transmission market will witness continuous growth in the foreseeable future.

The key players in the global automatic transmission system market include Aisin Seiki Co., Ltd. (Japan), Allison Transmission (USA), BorgWarner Inc. (USA), Continental AG (Germany), Eaton Corporation PLC (Republic of Ireland), GETRAG (Germany), GKN PLC (UK), JATCO Ltd. (Japan), Magna International Inc. (Canada), and ZF Friedrichshafen AG (Germany).

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