Attractive Opportunities in the Automotive Advanced Shifter System Market

1
Advanced Gear Shifter System Market - Global
Forecast to 2025
www.MarketsandMarkets.com
2
Advanced Gear Shifter System Market for
Automotive by Technology (Automatic Shifter,
Shift-by-Wire), Component (CAN Module, ECU,
Solenoid Actuator), Vehicle Type (Light Duty
Vehicles, Commercial Vehicles), EV Type, and
Region - Global Forecast to 2025 The global
advanced gear shifter system market for
automotive was valued at USD 10.19 billion in
2017 and is projected to grow at a CAGR of 3.64
during the forecast period, to reach USD 13.50
billion by 2025. In this study, 2017 has been
considered the base year, and 20182025 the
forecast period, for estimating the size of the
market for automotive. PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownload.asp?
id225473632

3
South America to be the fastest growing market
and Asia Pacific to hold the largest market for
advanced gear shifter system for automotive in
2025 South America is projected to be the
fastest growing market for advanced gear shifter
system for automotive from 2018 to 2025. The
market growth in this region can be attributed to
the increasing vehicle production and expansion
of leading OEMs and automotive component
suppliers. Asia Pacific is projected to be the
largest market for advanced gear shifter system
for automotive from 2018 to 2025. The market
growth in the region can be attributed to factors
such as increasing sales of mid-size and luxury
vehicles and government initiatives regarding the
use of environment-friendly electric vehicles.
4
Shift-by-wire technology is estimated to hold
the largest market share during the forecast
period The shift-by-wire technology is estimated
to hold the largest share of the advanced gear
shifter system market for automotive during the
forecast period. Extensive use of shift-by-wire
technology in luxury and mid-size vehicles is
driving the market for shift-by-wire technology.
Another factor that is driving the market for
shift-by-wire technology is the significant rise
in the sales of modern energy-efficient vehicles,
particularly in developing countries like China,
India, and Brazil. RequestSample_at_
https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id225473632
5
Solenoid actuator is estimated to hold the
largest share of advanced gear shifter system for
automotive market by component from 2018 to
2025 The advanced gear shifter system market for
automotive for solenoid actuator is estimated to
be the largest since it is used in most of the
vehicle shifting mechanisms. Increasing
production of vehicles equipped with automatic
and semi-automatic transmission is expected to
drive the growth of this segment. The advanced
gear shifter system market for automotive is
dominated by a few globally established players
such as ZF (Germany), Kongsberg (Norway), Dura
Automotive (US), Ficosa (Spain), and Stoneridge
(US).
6
Market Ecosystem The ecosystem of the advanced
gear shifter system market for automotive
consists of manufacturers such as ZF (Germany),
Kongsberg (Norway), Dura Automotive (US), Ficosa
(Spain), and Stoneridge (US), and research
institutes such as Colorado Off-highway Vehicle
Coalition (COHVCO), Japan Automobile
Manufacturers Association (JAMA), European
Automobile Manufacturers Association (ACEA),
Canadian Automobile Association (CAA), and Korea
Automobile Manufacturers Association (KAMA).
7
Browse gtgt 89 market data
tables 35 figures
121 pages and in-depth TOC on Advanced
Gear Shifter System Market Global
Forecast to 2025 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
8
Contact Mr. Shelly Singh MarketsandMarkets INC.
630 Dundee Road Suite 430 Northbrook, IL 60062
USA 1-888-600-6441 sales_at_marketsandmarkets.com