Automotive Transmission Market Size, Share, Industry, Forecast and outlook (2023-2030)

Global Automotive Transmission Market is segmented By Transmission Type (Automatic, Manual, Semi-automatic Transmission, Dual-clutch Transmission, Continuously Variable Transmission), By Vehicle Type (Two Wheelers, Passenger Vehicles, Commercial Vehicles (LCV, HCV)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share Outlook, and Opportunity Analysis, 2023-2030.

Global Automotive Transmission Market Outlook

A Report by DataM Intelligence estimates the Global Automotive Transmission market to grow at a high CAGR Of 5.4% during the forecast period 2023- 2030. The competitive rivalry intensifies with Eaton Corporation, BorgWarner Inc.., Aisin Seiki Co., and others operating in the market.

Automotive Transmission Market Scope

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Automotive Transmission Market Trends

• Growth in the demand for automobiles is the key driver for the growth of the market.

• Other factors such as changes in the preferences of consumers in terms of vehicle performance and the need for improved fuel economy are prompting OEMs and transmission system manufacturers to invest more in R&D activities.

• The Environmental Protection Agency and REACH have enacted various environmental regulations due to increasing carbon emissions across the globe.

• Moreover, To meet carbon emission norms and enhance the performance of the vehicle, automobile manufacturers are continuously involved in research.

Automotive Transmission Market Segmentation Analysis

• Based on transmission type, the global automotive transmission market can be classified into manual, automatic, semi-automatic, dual-clutch transmission, and continuously variable transmission.

  • Due to the increase in traffic congestion, consumers are now showing interest in advanced transmission systems such as automatic transmission, dual-clutch transmission (DCT), and continuous variable transmission (CVT) for enhanced driving experience and increased fuel efficiency.

• Based on geography, the automotive transmission market can be classified into Asia Pacific, North America, South America, Europe, and the Rest of the world.

  • Due to the rise in passenger vehicles in economies such as India, Japan, and China, the market for automotive transmission in the Asia Pacific is likely to grow at a faster rate.

  • The market in North America is also anticipated to exhibit a promising pace of expansion due to the demand for vehicles equipped with advanced transmission systems.

  • Consumers in developed countries like North America and Europe prefer increased comfort and enhanced driving experience and this trend is anticipated to increase the demand for advanced automotive transmission systems.

Key players and report scope

• Key players operating in the global automotive transmission market are Aisin Seiki Co., Getrag Corporate Group, Eaton Corporation, Jatco Ltd., Magna Powertrain, and Allison Transmission Inc. among others.

• The report covers factors impacting the market, porter's five forces, market share analysis, product mapping, and company profiles.

Report Highlights

• This report provides an extensive qualitative and quantitative assessment of the present and future trends in the Automotive Transmission market.

• Focus on the various market dynamics that can have an impact on the growth of the market.

• Recent industry trends and developments in the Automotive Transmission market.

• Product mapping for key products of all the major market players.

• Key players in the market are profiled and their recent developments, product portfolio, and other business strategies are listed.

• Excel data sheet with thousands of data points of the market level 4/5 segmentation.

• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.