Automotive Transmission Market Growth, Trends and Forecast Automotive Transmission Market - Global Industry A

Automotive Transmission Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 – 2021
This market research study analyzes the automotive transmission market on a global level and
provides estimates in terms of revenue (USD million) from 2015 to 2021. It gives a comprehensive
overview of the automotive transmission market from all the important strategic perspectives. It
recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast
period. Moreover, it identifies the significant opportunities in the coming years. Geographically, the
automotive transmission market has been segmented into North America, Europe, Asia Pacific and
Rest of the world (RoW). The current market size and forecast till 2021 is provided in the report.
This 97 page report gives readers a comprehensive overview of the Automotive Transmission market
Browse through 14 data tables and 37 figures to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/automotive-transmission-market.html
An automotive transmission system (also referred to as the gearbox) provide a controlled application
of the power which is generated from the engine of the vehicle. The transmission system uses gear
trains and gears to provide torque and speed conversions 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. Broadly, the automotive transmission system can be segmented into two
types: manual and automatic transmission. By fuel type, automotive transmission market can be
segmented into gasoline, diesel, and others. The automotive transmission system by vehicle type has
been segmented into passenger cars, LCV’s, ICV’s, HCV’s, off road vehicles, construction equipment
vehicles, defense vehicles and farm tractors.
Latest automotive transmission system 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 regional markets like India, Brazil, and
Mexico is restraining the automotive transmission system market. End users in India and Pakistan still
prefer manual transmission over automatic transmissions. Moreover, variants with automatic
transmission are costlier than manual transmissions and this is restraining the automotive
transmission market. Growing demand for advanced transmission systems in the entry level vehicle
segment is expected to drive the market.
By vehicle type, passenger cars segment accounted for the largest market share in the global
automotive transmission market. Light commercial vehicles and heavy commercial vehicle followed
passenger cars in this segment. Innovation of latest transmission technology in passenger cars from
simpler four speed automatic transmissions to 8-speed and 9-speed transmission is enhancing the
driving experience, comfort and fuel efficiency of the vehicle.