In accordance with this study, the Global Automatic Transmission Market value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2028 with a CAGR of XX% during the period of 2022-2028.
Automatic transmission, also known as auto-shifting transmission, is a type of motor vehicle transmission that can automatically change gear ratios as the vehicle moves, freeing the driver from having to shift gears manually. There are types of automated transmissions, such as continuously variable transmission (CVT), dual-clutch transmission (DCT), and others that free the driver from having to shift gears manually, by using the transmission’s computer to change gear.
The increasing demand for automatic transmissions in commercial and passenger vehicles owing to their comfort and ease of driving is primarily fueling the market growth. Along with this rising number of vehicle production in developing countries because of increasing disposable income and rapid urbanization is fueling the market demand. On the contrary, high maintenance cost associated with automatic transmission could limit the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of automatic transmission.
The study offers a decisive view of the global automatic transmission market by segmenting it in terms of transmission type and vehicle. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Transmission Type
- Automatic Transmission (AT)
- Dual Clutch Transmission (DCT)
- Automated Manual Transmission (AMT)
- Continuously Variable Transmission (CVT)
- Passenger Vehicle
- Commercial Vehicle
This section covers automatic transmission market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global automatic transmission market along with the individual application segment across all the prominent region.
Global Automatic Transmission Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global automatic transmission market are AISIN SEIKI Co., Ltd., Allison Transmission Inc., BorgWarner Inc., Eaton, EXEDY Corporation, GKN PLC, JATCO Ltd., Magna International Inc., Magneti Marelli S.p.A, Schaeffler Technologies AG & Co. KG , Voith GmbH & Co. KGaA, WABCO, and ZF Friedrichshafen AG. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.