Automotive Transmission Market Propelled by Hybridization and Electrification of Power trains

According to Goldstein Research, global automotive transmission market is expected to reach USD 190.1 billion by 2024, growing at a CAGR of 5.6% over the forecast period 2016-2024. The innovative technologies to adhere with the carbon emission norms and environmental concerns are primarily driving the market. Global automotive transmission market segmentation has been done on the basis of product type, vehicle type and geography. Automatic transmissions accounted for largest market share of about 45%, followed by hybrid transmission on the back of rising adoption of hybrid vehicles.

Global automotive transmission market is largely driven by Asia-Pacific and closely followed by Europe market share. Europe accounts for top automobile manufacturers and have stringent regulation towards the environment and carbon emission. Latin America countries are also developing and seem to be opportunistic market for the growth of automotive transmission market backed by the increasing automobile manufacturing and sales.

Market Segmentation

On the basis of our in-depth analysis, Global Automotive Transmission Market can be segmented as follows:

Global Automotive Transmission Market By Product Type

• Manual Transmission
• Automatic Transmission
• Continuously Variable Transmission (CVT)
• Dual Clutch Transmission (DCT)
• Automated manual Transmission (AMT)
• Hybrid Transmission

Global Automotive Transmission Market By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Two-wheelers

Global Automotive Transmission Market By Region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Automotive Transmission Market Analysis by Goldstein Research contains detailed overview of the global automotive transmission market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and vehicle type.

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Further, for the in-depth analysis, Global Automotive Transmission Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asAllison Transmission Inc., Aisin Seiki Co. Ltd., Continental AG, BorgWarner Inc., Eaton Corporation PLC, GKN PLC, Getrag, Jatco Ltd., Magna International Inc. and ZF Friedrichshafen AG,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global automotive transmission market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

With more than 12 years of experience in Market Research Industry, I have scaled up my skills in strategic consulting as well. Currently working as a Director in the Research Department in a well known U.S. based market research & advisory firm.