Industry Background:
The automatic transmission in automobiles is a unit that supplies the power from the clutch to the differential. There are various types of gear transmission system. Transmission system support in improving the economy and efficiency of the work transfer. Some traditional automatic transmissions machines are with limited speed ranges, such as few forklifts and lawn mowers which only use torque convertor other type are continuously variable transmission, dual clutch transmission and automated manual transmission system. Gear shifting strategy is the core of intelligent control of any automatic transmission used in modern vehicles. It directly effects the vehicle performance, drivers feel and fuel economy.This growth is primarily driven by Rise in Demand for Electrification of Vehicle System.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | 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 |
The Auto Parts & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as GETRAG (Germany), Automatic Transmission System (Canada), Aisin Seiki Co. Ltd. (Japan), ZF Friedrichshafen AG (Germany), JATCO Ltd. (Japan), Continental AG (Germany), BorgWarner Inc. (United States), GKN PLC (United Kingdom), Allison Transmission (United States), Magna International Inc. (Canada) and Eaton Corporation PLC (Ireland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2019, Hitachi and Honda planned to merge four auto parts makers and Move aims to increase competitiveness in next-generation technologies such as electric and self-driving cars.
The companies are exploring the market by adopting mergers & acquisitions, expansions, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations.
Influencing Trend:
Rising demand for low range and mid-range automobile in Emerging Economies
Market Growth Drivers:
Rise in Demand for Electrification of Vehicle System
Challenges:
Lack of Awareness Regarding Benefits of Automatic Transmission
Restraints:
Automatic vehicles are more expensive
Opportunities:
Increasing Demand for Manual Automotive Transmission System Emerging Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automatic Transmission System Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automatic Transmission System Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automatic Transmission System players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automatic Transmission System Study Sheds Light on
The Automatic Transmission System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automatic Transmission System industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automatic Transmission System industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.