MRRSE has announced the addition of the “Automotive Transmission Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.
Automotive transmission market detailed analysis of current industry figures with forecasts growth by 2021
1. Automotive Transmission Market - Detailed Analysis of
Current Industry Figures with Forecasts Growth By 2021
Report Description
The automotive transmission system also known as the
gearbox helps in controlling the power generated by engine
of a vehicle. The gear trains used in transmission system
2. provide torque and speed conversion from a rotating power
source to another device. Transmission systems used in
vehicles are hydraulic transmissions. This type of transmission
uses a kind of fluid coupling instead of friction clutch, and
changes gears by locking and unlocking a system of planetary
gears.
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transmission-market
Broadly, the automotive transmission system has been
segmented into two types: manual and automatic
transmission. By fuel type, automotive transmission is
segmented into gasoline, diesel, and others. The automotive
3. transmission system by vehicle type is segmented into
passenger cars, LCV’s, ICV’s, HCV’s, off road vehicles,
construction equipment vehicles, defense vehicles, and farm
tractors. Latest automotive transmission systems enhances the
driving experience in terms of improved acceleration, gear
shifting and improves fuel efficiency over conventional
manual transmission systems. Growing demand for lower
carbon emissions is driving the automotive transmission
system market. Low penetration of advanced transmission
system in markets like India, Brazil, and Mexico is
restraining the automotive transmission system market. End
users in emerging countries like India and Pakistan still
prefer manual transmission over automatic transmissions.
Moreover, variants with automatic transmission are costlier
4. than manual transmissions and this is one of the major
limiting factors for the automotive transmission market.
Growing demand for advanced transmission systems in the
entry level vehicle segment is expected to drive the
market.
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The global automotive transmission market is segmented by
region into North America, Europe, Asia Pacific and Rest of
the World (RoW). Asia Pacific led the global automotive
transmission market in 2014. Asia Pacific is the largest
producer as well as the biggest transmission market in terms
5. of value due to presence of countries like China, India, South
Korea and Japan.
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The key players operating in the automotive transmission
market are Magna International Inc. (Canada), Eaton
Corporation (Ireland), Continental AG (Germany), ZF
Friedrichshafen (Germany), Allison Transmission (U.S.A),
BorgWarner Inc. (U.S), Aisin SEIKI Co. Ltd. (Japan), and GKN
PLC (U.K) among others.
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