Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Automotive Transmission Market Research Rep
Automotive Transmission Market 2018
Automotive Transmission Market 2018 is latest research report by MarketResearchFuture, the
global Automotive Transmission market is expected to Register High Growth Rate during 2018
To 2022. Report analyzes Automotive Transmission Market Key Companies with Size, Share,
Trends analysis, and Key Country Forecast to 2022. Automotive Transmission Market
Information is segmented 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).
Key Players:
Allison Transmission Inc. (U.S.), Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany),
BorgWarner Inc. (U.S.), Eaton Corporation PLC (Ireland), GKN PLC (U.K.), Jatco Ltd. (U.S.), Magna
International Inc. (Canada), ZF Friedrichshafen AG (Germany) and Schaeffler AG (Germany) are
some of the leading players operating in this market.
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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