What is Automotive Manual Transmission Market Scope?
The demand for automotive manual transmission has been stagnated over the past few decades across the globe due to the increasing adoption of automated or semi-automated automotive transmissions. However, there are numerous pitfalls associated with automated manual transmission that drives the market for automotive manual transmission. In addition to this, manual transmissions are comparatively cheaper than automated transmission. It also requires minimum post-purchase maintenance as well as provides better fuel efficiency. Thus, these advantageous factors over the automated systems from maual transmission will show lucrative growth over the forecasted period.
Influencing Trend:
Increasing Need for Improvements in Grain Refinement Techniques, Upsurging Adoption of Continuously Variable Transmissions (CVT) & Dual Clutch and Transmission (DCT)
Market Growth Drivers:
Comparatively Cheaper Solution than Automotive Automatic Transmission, Minimum Post Purchase Maintenance required for Manual Transmission and Provides Better Fuel Efficiency
Challenges:
Number of Manufacturers has Started Adopting Automatic and Continuously Variable Transmission and Complex to Drive Automobiles with Manual Transmission For Beginners
Restraints:
Demand Shift from Manual Transmission to Automatic Transmission and Introduction to Electric Cars which mainly Posses Automatic Transmission
Opportunities:
Robustly Increasing Global Automobile Traffic and Ongoing Reseach and Developments in Automotive Transmission
The Automotive Manual Transmission market study is being classified, by Application and major geographies with country level break-up.
Leading key players of Automotive Manual Transmission are focusing on strategic partnerships to improve their transmission and services along with focusing on increasing adoption of automated or semi-automated automotive transmissions. Analysts at AMA predicts that Vendors from European and Asian will contribute to the maximum growth of Global Automotive Manual Transmission market throughout the predicted period.
Fuji Machinery Co. Ltd. (Japan), NSK Ltd. (Japan), GAC Group (China), ZF Friedrichshafen AG (Germany), Hyundai Wia Corporation (South Korea), Harbin DongAn Automotive Engine Manufacturing Co., Ltd. (China), Grupo Kuo Sab De Cv (Mexico), Magna PT (Germany), Yanagawa Seiki Co., Ltd. (Japan), Graziano Trasmissioni (Italy), Schaeffler Technologies AG & Co. KG (Germany) and Univance Corporation (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hyundai Dymos Inc. (South Korea), Weichai Holding Group Co. Ltd. (China), Aichi Machine Industry Co. Ltd. (Nissan) (Japan), JATCO Ltd (Nissan) (Japan) and Eaton Corporation (Ireland).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Automotive Manual Transmission market by Type, Application and Region.
On the basis of geography, the market of Automotive Manual Transmission has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On July 9th, 2019, ZF Friedrichshafen AG has launched new generation 8-speed automatic transmission for hybrid drives. The company estimates that at least 70 percent of all new vehicles in 2030 will still have an internal combustion engine. Nevertheless, a plug-in hybrid drive could considerably lower the engine‘s CO2 emissions. This is contingent on electric range and electric power, both of which must allow for driving in everyday traffic with battery power only.
Since the initial months of 2019, GAC Motor has strengthened its international operations for increasing the brand's global competitiveness. GAC Motor’s Russian subsidiary, GAC Motor RUS entered into operation in early April and has begun preparations for product releases. In addition to this in April 2019, GAC Motor hosted its 2019 International Distributor Conference to discuss global business development with distributors worldwide.
“As per Electronic Code of Federal Regulation, 40 CFR Transmission, Vehicles with transfer cases, numerous sprockets, and other components must be evaluated in the manufacturer's suggested street or highway configuration. The Administrator will define the test configuration if more than one configuration is proposed or if the suggestion is considered inappropriate by the Administrator. All tests must be performed in Drive mode with automatic gearboxes. Automatic clutch-torque converter gearboxes can be switched into manual mode at the manufacturer's discretion.”
Key Target Audience
Automotive Manual Transmission Manufacturers, Automotive Manual Transmission Distributors and Suppliers, Automotive Transmission International Traders, Upstream and Downstream Buyers, Automobile Industry Associations, Research and Development Institutes, Government Agencies and Others
Automotive Manual Transmission Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Automotive Manual Transmission Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Automotive Manual Transmission industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.