The high shelf shifting potential offered byautomobile transmission can prompt the expansion of the automobile automatic
transmission system market 2023, reveals Market Research Future (MFRF).
The high efficacy of process of the transmissionof power from the engine across the wheels, automatically by the change in gear
ratios can add a competitive advantage to the automotive automatic transmission
system world market.
With the assistance of automotive automatictransmission system, a vehicle can move from one point to another without the
requirement for shifting of gears manually. The slashing in manual labor and
increase in convenience of operations can act as strong boosters for the rise
of the automotiveautomatic transmission system market size.
An internal combustion engine is used to causerotation of automatic automotive transmission system at high RPM can support
the rise of the automatic transmission system worldwide market. The variation
in speed range and different torque outputs are beneficial in case where vehicles
move in heavy traffic condition. The rise in world population and increase in
traffic congestion can support the growth of the automotive automatic
transmission market. Across 2023 to 2030, the global automotive automatic
transmission system market can expand at 6.5% CAGR.
Automotive Automatic Transmission SystemMarket Key Players
· Magna InternationalInc. (Canada)
· Aisin Seiki Co. Ltd.(Japan)
· ZF Friedrichshafen AG(Germany)
· GETRAG (Germany)
· JATCO (Japan)
· Eaton Corporation PLC(Republic of Ireland)
· Continental AG(Germany)
· Allison Transmission(U.S.)
· BorgWarner Inc. (U.S.)
· GKN PLC (U.K.)
Automotive Automatic Transmission SystemMarket Segmentation
The segment study of the global automatictransmission market aids investors in getting enhanced understanding about the
market. It also offers insight on growth prospects of the market. Type, fuel,
and vehicle type are parameters on which the automotive automatic transmission
system market segment study is based.
The type based, automotive automatic transmissionsystem market segments are Dual-Clutch transmission (DCT), Automated Manual
Transmission (AMT), and Continuously Variable Transmission (CVT). The vehicle
type based, automotive automatic transmission system market are HCV, Passenger
Car, and LCV. The fuel type based, automotive automatic transmission system are
diesel, gasoline, and hybrid.
Automotive Automatic Transmission SystemMarket Regional Analysis
In Asia Pacific region, automotiveautomatic transmission system market size isanticipated to rise at the highest rate owing to rise in the need for gear
shift systems and automated clutch in commercial vehicles. Gear shift and
automated clutch assist in the reduction of accidents and aids in making ride
comfortable and safe. The increase in the demand for automated transmission
system can prompt the market in the years to come.
In North America, the automotive automatictransmission system is rapidly replacing manual transmission system, as torque
interruption while changing of gear is accurate in the prior. Dual clutch
transmission that provides two clutch inputs offers smooth and comfortable
ride, which is also an important replacement to traditional solutions. The
comfort ride offered by these vehicle can impel the rise of the automatic
transmission market in the near future.
In Europe, the automotive automatic transmissionsystem market can rise due to the support of the government to imposed major
regulations to curb high vehicular CO2 emission from vehicles. Automobiles that
emit high CO2 are to be penalized with high taxation and high cost of fuel that
can result in having negative impact on the environment, thus result in the
adoption of automatic automotive transmission system across the assessment
period. The increase in utility of such system can bolster the market rise in
Europe.
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