Automotive Transmission Market 2026: Highlights Recent Trends, Market Growth, Top Manufacturers Analysis & Regional Demand
The global automotive transmission market has been divided into different domains including transmission segment, engine segment, gear segment, regional outlook, and distribution channels. Highlighting the basics of gear segment, it is observed that automotive transmission industry from less than 5 gears sector would accrue tremendous gains in the ensuing years, given its rising demand across light duty vehicles due to the product’s fuel and price efficiency.
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The demand for automatic cars is surging across Europe mainly due to the automated manual transmission penetration among customers. In fact, it bridged the price gap between manual and automatic cars. In comparison to automated transmission, AMT lets the drivers to some extent experience both the luxuries at a lesser price. The introduction of automatic cars in small car segment along with high fuel efficiency is likely to drive the proliferation of AMT over the forecast time period. Additionally, increasing demand for AMT across the Asia-Pacific region is anticipated to spur the industry growth over the coming years.
The thriving automotive industry in conjugation with increased inclination towards use of personal vehicles during the COVID-19 pandemic situation has enabled the global automotive transmission market to carve out a profitable growth map for itself in the upcoming years. Moreover, elevating demand for electrical vehicles owing to the fluctuating fuel prices in tandem with stringent government regulations is anticipated to propel the global market dynamics over 2020 to 2026.
The demand for automatic cars in Europe, subject to the widespread penetration of automated manual transmission amongst a large population base has offered a significant boost to the overall automotive transmission market. It has been observed that automated manual transmission has the ability to bridge the price gap between manual and automatic cars, allowing the drivers to leverage a seamless experience. Further, introduction of automatic cars in small car segment aligned with increased fuel efficacy in line with adverse traffic conditions is projected to fuel the AMT demand across the region in the ensuing years.
North America automated transmission market is expected to witness strong growth over the forecast time period owing to the surging demand for commercial vehicles across the region. Stringent regulation by regulating authorities for efficiently managing the carried goods in commercial vehicles will also support market growth.
In fact, the FMCSA, U.S., is responsible for the prevention of injuries and fatalities related to vehicles. The federal government agency further regulates the goods size that are being carried in a vehicle. In addition, implementing these regulations would further surge the demand for commercial vehicles for transportation of goods. These factors will propel the transmission demand for commercial vehicles across the region.
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Some Point from Table of Contents:
Chapter 6. Automotive Transmission Market, By Vehicle
6.1. Automotive Transmission market vehicle insights
6.2. Passenger car
6.2.1. Market estimates and forecast, 2016 - 2026
6.2.2. Market estimates and forecast by region, 2016 - 2026
6.3. LCV
6.3.1. Market estimates and forecast, 2016 - 2026
6.3.2. Market estimates and forecast by region, 2016 - 2026
6.4. HCV
6.4.1. Market estimates and forecast, 2016 - 2026
6.4.2. Market estimates and forecast by region, 2016 - 2026
6.5. Others
6.5.1. Market estimates and forecast, 2016 - 2026
6.5.2. Market estimates and forecast by region, 2016 - 2026
Chapter 7. Automotive Transmission Market, By Gear
7.1. Automotive Transmission market gear insights
7.2. Less than 5
7.2.1. Market estimates and forecast, 2016 - 2026
7.2.2. Market estimates and forecast by region, 2016 - 2026
7.3. 5 to 6
7.3.1. Market estimates and forecast, 2016 - 2026
7.3.2. Market estimates and forecast by region, 2016 - 2026
7.4. 7 to 8
7.4.1. Market estimates and forecast, 2016 - 2026
7.4.2. Market estimates and forecast by region, 2016 - 2026
7.5. Above 8
7.5.1. Market estimates and forecast, 2016 - 2026
7.5.2. Market estimates and forecast by region, 2016 - 2026
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