Automotive Transmission Market Outlook By Technological Innovations And Future Opportunities 2026

By Ronak Bora

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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The global automotive transmission industry 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 market 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.
The ongoing COVID-19 pandemic has majorly impacted the automotive industry on a global level. In fact, it is the most affected industries among others. The automotive transmission market is likely to witness tremendous growth once the economy reopens. In fact, people would now avoid travelling by public transport in order to keep themselves safe from the spread of coronavirus. They are most likely to travel by their own personal vehicles. This will further contribute towards market growth over the coming years. 
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.
With the introduction of new technologies, numerous key industry players are engaged in forming new strategic alliances to consolidate their respective positions within the market landscape. For instance, in 28th March 2019, WABCO Holdings Inc., a global technology leader in commercial vehicle technology, reportedly entered into a definitive merger agreement with German-based automotive component manufacturer company, ZF Friedrichshafen. As per the agreement, ZF acquired all the outstanding WABCO shares for nearly $136.50 per share in an all-cash transaction for $7 billion equity value. The new agreement would combine the capabilities of both the firms bringing in new growth opportunities.
The competitive landscape of automotive transmission market includes Allison Transmission Inc., Kia Motors, ZF Friedrichshafen AG, Eaton, BorgWarner Inc., General Motors, Jatco Ltd., Aisin Seiki Co., GKN PLC, and Volkswagen Group among many others.
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Partial Chapter of the Table of Content
Chapter 5. Automotive Transmission Market, By Engine
5.1.  Automotive Transmission market 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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