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Advanced Gear Shifter System Market Is Likely To Register Double Digit Cagr During 2019 To 2024

Author: Somesh Devale
by Somesh Devale
Posted: Dec 21, 2019

The Global Advanced Gear Shifter System market is estimated to reach USD 17.1 Billion in 2024 at a CAGR of 6.9%. Increase use of X-By-Wire technology, ease and comfort while driving and advantage of accurate and quick responding gear actuation is expected to drive the advanced gear shifter system market during the forecast period. However, reliability and complexity issues are expected to restrain the market during the forecast period. High demand for automatic & hybrid transmission in developing countries, and growth in haptics shifter in future vehicles is expected to become an opportunity for advanced gear shifter system market.

Advanced gear shifter system is a type of electronic controlled system, which is responsible for engagement and disengagement of gear. The advanced gear shifter system identifies when the driver is changing the gear and an electric system operates the clutch and a solenoid actuator in order to operate gear engagement, disengagement, and shifting. Some key players in advanced gear shifter system are ZF Friedrichshafen AG, Stoneridge, Inc., Fujikiko Co.,Ltd., Ficosa Internacional SA, and Leopold Kostal GmbH & Co. KG among others.

Advanced Gear Shifter Market Segmentation

This market research report offers a comprehensive analysis of key market trends in the global UAV market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. Based on type, the advanced gear shifter system market can be segmented into Automatic Shifter and Shift-By-Wire (SBW). The segmentation by components includes CAN module, Electronic Control Unit (ECU) and Solenoid Actuators. The segmentation by vehicle type includes Passenger Car, Commercial Vehicle and Electric Vehicle. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Rest of the World, with individual country-level analysis.

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Advanced Gear Shifter Market Report Scope

The report on the advanced gear shifter system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Companies Covered

  • ZF Friedrichshafen AG (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Fujikiko Co.,Ltd.
  • Stoneridge, Inc.
  • Ficosa Internacional SA
  • Leopold Kostal GmbH & Co. KG
  • GHSP
  • Orscheln Products.
  • Eissmann Group Automotive
  • ATSUMITEC CO.LTD
  • Delta Kogyo Co., Ltd.
  • Other Key Companies

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their "REVENUES".

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Author: Somesh Devale

Somesh Devale

Member since: Dec 17, 2019
Published articles: 10

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