Automotive Transmission Market Covid-19 Impact Analysis and Growth Prospects Survey till 2026

By Ronak Bora

Automotive transmission market is set to witness commendable proceeds, driven by the introduction of automatic cars with enhanced fuel efficiency. In the short term perspective, the demand for automotive transmission systems is, however, estimated to remain quite low due to the COVID-19 pandemic.
Automotive transmission market is estimated to surpass USD 281.3 billion mark by 2026. The projected rise in revenue is chiefly attributed to various technological contributions by prominent industry players comprising Jatco Ltd., GKN PLC, Aisin Seiki Co., Allison Transmission Inc., Volkswagen Group, General Motors, and others.
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Considering an instance, Kia Motors has recently detailed on intelligent manual transmission technology, emphasizing the importance of mild-hybrid systems.
The automaker has opined while the present technology drive in passenger cars casts more limelight on high-performance hybrids and EVs, mild-hybrid systems are, becoming an integral component of numerous manufacturers’ ranges and will be crucial for the said car makers in complying with the stringent fleet emissions targets.
Another industry major, ZF Friedrichshafen, has rolled out EcoLife transmission technology for benefitting fleets, buses, and coaches by providing greater fuel efficiency. ZF has already initiated trials on double-deck city buses the previous year, in which its EcoLife 6-speed automatic transmission technology delivered a nearly 16 per cent mpg saving.
OEMs segment in the automotive transmission market is estimated to grow at a CAGR of more than 4 per cent over the estimated period. Given the low rate of transmission system replacement, OEMs accounted for nearly 98 per cent of the overall product sales in 2019, cite reports.
Extensive penetration of automated manual transmission technology amongst customers is estimated to drive automotive transmission market demand through 2026.Given that automotive transmission plays a crucial role in bridging the gap between automatic and manual transmission cars, customers are able to partially enjoy both types of transmission with lesser price in comparison to automated transmission systems.
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Partial Chapter of the Table of Content
Chapter 5. Automotive Transmission Market, By Engine
5.1.  Automotive Transmission industry engine insights
5.2.  IC
5.2.1.     Market estimates and forecast, 2016 - 2026
5.2.2.     Market estimates and forecast by region, 2016 - 2026
5.3.  EV
5.3.1.     Market estimates and forecast, 2016 - 2026
5.3.2.     Market estimates and forecast by region, 2016 - 2026
Chapter 6. Automotive Transmission Market, By Vehicle
6.1.  Automotive Transmission industry 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
Charts & Figures
FIG. 1.      Industry segmentation
FIG. 2.      Automotive Transmission market volume & revenue (Thousand Units, USD Million), 2016 - 2026
FIG. 3.      Industry ecosystem analysis
FIG. 4.      Growth potential analysis
FIG. 5.      Porter’s analysis
FIG. 6.      PESTEL analysis
FIG. 7.      Regional price trends (USD/Unit)
FIG. 8.      Cost structure analysis
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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