Automotive Transmission industry analysis research and trends report for 2020 - 2026 - PowerPoint PPT Presentation

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Automotive Transmission industry analysis research and trends report for 2020 - 2026

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The thriving automotive industry in conjugation with increased inclination towards use of personal vehicles during the COVID-19 pandemic situation has enabled the global automotive transmission industry to carve out a profitable growth map for itself in the upcoming years. – PowerPoint PPT presentation

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Title: Automotive Transmission industry analysis research and trends report for 2020 - 2026


1
Automotive Transmission Market Update, Analysis,
Forecast, 2020 2026
  • The thriving automotive industry in conjugation
    with increased inclination towards use of
    personal vehicles during the COVID-19 pandemic
    situation has enabled the global automotive
    transmission industry to carve out a profitable
    growth map for itself in the upcoming years.
    Moreover, elevating demand for electrical
    vehicles owing to the fluctuating fuel prices in
    tandem with stringent government regulations is
    anticipated to propel the global market dynamics
    over 2020 to 2026.
  • The demand for automatic cars in Europe, subject
    to the widespread penetration of automated manual
    transmission amongst a large population base has
    offered a significant boost to the overall
    automotive transmission market. It has been
    observed that automated manual transmission has
    the ability to bridge the price gap between
    manual and automatic cars, allowing the drivers
    to leverage a seamless experience.

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2
  • Distribution channel for automotive transmission
    systems plays a pivotal role in the overall
    growth of the market. Speaking of which, OEMs are
    likely to come up as a strong contender in the
    near future. For the record, OEMs held around 98
    per cent of the product sales in 2019 and
    projected to grow at a rate of 4 per cent through
    2026, subject to the low rate of transmission
    system replacement. However, reports suggest that
    after-market is also gaining massive traction
    globally on the grounds of transcending trend of
    transmission upgrades, perhaps due to the
    emergence of new technologies associated with the
    same.
  • The global automotive transmission industry has
    been divided into different domains including
    transmission segment, engine segment, gear
    segment, regional outlook, and distribution
    channels. Highlighting the basics of gear
    segment, it is observed that automotive
    transmission market from less than 5 gears sector
    would accrue tremendous gains in the ensuing
    years, given its rising demand across light duty
    vehicles due to the products fuel and price
    efficiency.
  • Ongoing advancements in the field have compelled
    automotive transmission market players to
    brainstorm into the possibilities of novel
    product launches, potential acquisitions or
    mergers, and facility expansion. For instance,
    prominent automakers, Hyundai and Kia have
    announced working closely for the development of
    worlds first predictive automatic transmission
    system.

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3
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/1
445
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4
  • Regional Analysis
  • North America is also anticipated to stand tall
    in the overall automotive transmission industry,
    courtesy- escalating demand for commercial
    vehicles. In fact, as per OICA statistics, the
    United States recorded over more than 8 million
    commercial vehicle production in 2019, a count
    which is only likely to grow in the upcoming
    years. Growth in the regional market is poised to
    predominantly come from government intervention
    pertaining to the enforcement of numerous
    regulations to potential manage the goods being
    carried in the CVs.
  • Competitive Analysis
  • Key Players operating in automotive transmission
    industry are Aisin Seiki Co., ZF Friedrichshafen
    AG, Getrag Corporate Group, Jatco Ltd., Magna
    Powertrain, GKN PLC, BorgWarner Inc., Allison
    Transmission Inc., Eaton, Volkswagen Group, Kia
    Motors, Ford Motors, General Motors

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5
Latest Research Report On Automotive Transmission
Market _at_ https//www.gminsights.com/industry-analy
sis/automotive-transmission-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
1445
Request for customization https//www.gminsights
.com/roc/1445
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Thank You!
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