Transmission Repair Market 2020 Industry Analysis Research Report

Posted by Abhijeet Bendre on January 15th, 2020

Market research future published a half cooked research report on global transmission repair market. The transmission repair market is expected to grow at ~4% CAGR during the period 2017 to 2023.

Market Highlights

The global transmission repair market is very dynamic, and is expected to witness a significant growth over the forecast period. Transmission is one of the most important parts of an automobile and driven by its capability to increase fuel efficiency, it is gradually gaining a lot of attention among the major vehicle manufacturers. The market is largely dependent on the expanding automotive industry which is a direct result of its increasing sales. Other factors driving the market are, the increasing trends that are favoring fuel conservation such as carpooling, inclination towards low emission vehicles, technological advancements along with the emerging economies.

However, the market is expected to experience various challenges in terms of the increase in cost for the vehicle owners for the repairs of transmissions.

Market Research Analysis

The global market for transmission repair, on the basis of components, has been segmented as Gaskets and Seals, O-ring, Transmission Filter, Gear, Clutch Plate, Oil Pump and others. Among these, the segment Gaskets and Seals is expected to grow with the highest CAGR over the forecast period. Gaskets are those compressible elements which help in the prevention of passage of any media between two stationary members. These gaskets are capable of withstanding various application temperatures and pressure. . It serves as a barrier to prevent the ingress or egress of various materials such as engine oil. The use of gaskets in various automotive assemblies provide various advantages such as reduction of direct labor costs, reduction of indirect costs/inventory management, reduction of scrap materials, material cost reduction and ease of accommodation of engineering changes. Therefore, gaskets are an important component in the transmission repair market.

Scope of the Report

This study provides an overview of the global transmission repair market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Transmission Repair Market by components, repair type, vehicle type and regions.

By Components

• Gaskets and Seals
• O-ring
• Transmission Filter
• Gear
• Clutch Plate
• Oil Pump
• Others

By Repair type

• Transmission General Repair
• Transmission Overhaul

By Vehicle Type

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

By Regions

• North America
• Asia Pacific
• Europe
• Rest of the World

Key Players

The prominent players in the Transmission Repair Market include Allison Transmission (U.S.), ZF Friedrichshafen AG (Germany), BorgWarner Inc. (U.S.), Schaeffler Technologies AG & Co. (Germany), AAMCO (U.S.), Continental AG (Germany), Jiffy Lube (U.S.), Driven Brands Inc. (U.S.), Aisin Seiki Co., Ltd. (Japan), ZF Friedrichshafen AG (Germany) and others.

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