Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Automotive Transmission Market Research Rep
Automotive Transmission Market 2018
Automotive Transmission Market 2018 Global Research Report- Forecast to 2022 is in-depth
research on Global Automotive Transmission Industry, comprises comprehensive data on
Global Automotive Transmission Market Size, Share, Trends, Key Players, Growth Statistics,
with historic and forecast data up to 2022. For better easy understanding this report segments
Automotive Transmission
Global Automotive Transmission Market by Type (Automatic, Manual, Automatic Manual
Transmission, Continuous Variable Transmission, Dual Clutch Transmission) by Vehicle type
(Passenger Car, LCV,HCV), by Fuel type (Gasoline, Diesel, Others), and by Region (Asia-Pacific,
North America, Europe, RoW).
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Market Synopsis of Global Automotive Transmission:
The mechanism through which the transfer of power developed by the engine of automobiles
to the driving wheels is called the transmission system. The automotive transmission system
comprises of clutch, gearbox, propeller shaft, rear axle and wheels.
The major factors driving the market includes increase in the number of passenger cars and
light weight commercial vehicles, growing demand for fuel efficient vehicles and increased
preference for smooth driving experience by consumers. In addition, stringent regulatory
norms especially in Europe has fueled the growth of the market. However, high cost of
advanced transmission systems is the major restraint to the growth of market.
The global automotive transmission market is poised to grow at 6% CAGR by the end of 2022.
Regional Analysis of Global Automotive Transmission Market:
Asia-Pacific dominates the global automotive transmission market owing to factors such as
growth in the production of passenger cars and LCV in the developing economies of the region.
Many OEM’S are keen to open their production facilities in this region especially in the
emerging nations such as China and India. North America is expected to be the second largest
market during the forecast period. Increasing demand for Automatic manual transmission
(AMT) across the region is expected to boost the industry growth. In addition, the sophisticated
manufacturing hubs and market in terms of technology is expected to strengthen the market
growth further.
The Key Players of Automotive Transmission Are:
Allison Transmission Inc. (U.S.), Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany),