The automotive transmission market is expected to accelerate its business momentum due to rapid technological advances, increased demand for LCVs, increased automobile production, and increased demand for fuel-efficient vehicles.

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Vehicles need a transmission for transferring the power from the engine to the drive shaft and the differential for letting the wheels turn. An automatic transmission system or automatic gearbox is a system that converts the mechanical energy generated by the engine to kinetic energy. The system further utilizes sensors for determining when should the gears be shifter as well as changing them utilizing internal oil pressure.

Automotive transmission market is divided into segments in terms of transmission, engine, vehicle, speed transmission, distribution, and regional landscape.

In terms of transmission, the overall automotive transmission market is bifurcated into multispeed, single speed, CVT (continuously variable), DCT (dual clutch), AMT (automated manual), automatic, and manual. Manual transmission segment is highly getting replaced by the automated and automated manual transmission in North America & Europe, however, its demand in rest of the world remains steady due to the low cost in comparison to other transmission systems.

Increasing demand for fuel efficient vehicles is expected to drive the dual clutch transmission (DCT) industry growth. The growth is because it does not disrupt the flow of power from engine and increases the fuel efficiency. Benefits such as low fuel consumption, faster and more seamless gear switching, and high gear switching comfort are further likely to drive the DCT segmental growth over the coming years.

Based on vehicle, the automotive transmission market is classified into HCV, LCV, passenger cars, and others. Other segment includes sports cars, and farm machines such as tractor. It is noted that sports car manufacturers usually install automotive transmission as it minimizes the gear shift lag.

From a regional frame of reference, growing automotive industry in the LATAM is projected to fuel the automotive transmission industry growth over the forecast time period. The growth can be attributed to the growing automotive production in Mexico. Likewise, several US companies are setting up their manufacturing plants in Mexico due to the low-cost labor and raw materials.

Luxury cars demand in the Middle East region is likely to grow with a healthy CAGR. This can be attributed to high per capita income in oil producing countries such as Saudi Rabia, UAE, and Kuwait among others. However, decreasing oil prices may hamper automotive industry growth in the region.

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Emerging economies in Africa such as South Africa, Nigeria is expected to register increasing demand for LCV in coming years, which in turn is likely to drive the transmission demand in the region.

Table of Contents

Chapter 1. Methodology And Scope

1.1.  Methodology

1.1.1.     Initial data exploration

1.1.2.     Statistical model and forecast

1.1.2.1. COVID_19 impact calculations on industry forecast

1.1.3.     Industry insights & validation

1.1.4.     Definitions & forecast parameters

1.2.  Data sources

1.2.1.     Primary

1.2.2.     Secondary

1.2.2.1. Paid

1.2.2.2. Public

Chapter 2. Executive Summary

2.1.  Automotive Transmission industry 360° synopsis, 2016 - 2026

2.1.1.     Business trends

2.1.2.     Transmission trends

2.1.3.     Engine trends

2.1.4.     Vehicle trends

2.1.5.     Speed transmission/Gear trends

2.1.6.     Distribution trends

2.1.7.     Regional trends