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Showing posts with the label Automotive Transmission Market

Automotive Transmission Market | COVID-19 Analysis and Outlook

  Increasing demand for electric vehicles is also a positive factor for the expansion of the automotive transmission market. Lastly, the stringent norms being implemented for environmental protection are poised to create opportunities for the market players. Segmentation On the basis of type, the global  automotive transmission market  has been segmented into automatic, automatic manual transmission, manual, continuous variable transmission, and dual clutch transmission. On the basis of vehicle type, the global automotive transmission market has been segmented into LCV, passenger car, and HCV. On the basis of fuel type, the automotive transmission market has been segmented into gasoline, diesel, and others. Regional Analysis The geographical study of the global automotive transmission market has been included for an in-depth study. It covers four key regions, which are Asia Pacific, North America, Europe, and the Rest of the World (RoW). These regional segments are also s...

Global Automotive Transmission Market is expected to experience significant growth during the forecast period

The global automotive transmission market is set to witness substantial growth during the forecast period due to various factors such as stringency in the emission norms by the government across the globe which in turn is expected to increase the demand for better fuel efficient vehicles. The increasing problem of traffic congestion has compelled the OEM’s to manufacture advanced transmission system with smooth gear shifting with enhanced driving experience. Whereas, the growth in the number of production of passenger cars and light weight commercial vehicles has boosted the Asia-Pacific region. Global  Automotive transmission market  is expected to grow with approximately 6% CAGR from 2016 to 2022. The report has been analyzed based on the type, vehicle type, fuel type and region. On the basis of type, the market is segmented as Automatic, Manual, AMT, CVT and DCT, in which Manual segment is leading the market but expected to decline over the years due to increasing d...

Growing Number of Passenger Cars to Augment the Automotive Transmission Market Globally

Automotive Transmission transfer the power that is developed from the engine of the vehicle to driving the wheels of the vehicles. It comprises of clutch, gearbox, propeller shaft, rear axle and wheels. The propeller shaft is usually used to connect other components of the drive train that cannot be connected directly due to far distance between the two components. The drive shaft incorporates one or more universal joints, jaw coupling, and sometimes prismatic joint. The innovation in technology in the automotive propeller shafts, is expected to drive the market in future. Innovation such as light weight propeller shaft, have emerged in order to reduce the overall weight of the vehicle. According to a recent study report published by the Market Research Future, The global  automotive transmission market  is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth record...

Growth in Sales of High-End Cars to Benefit Automotive Transmission Market

Automotive transmission is a device that provides different drive or gear ratios between the drive wheels and engine of an automotive vehicle. This is a principal function that helps the vehicle accelerate from stationary to a broad speed range while the engine is running at an optimum range. The most common type found in automobiles is the hydraulic planetary automatic transmission. Larger devices are used in heavy-duty commercial as well as industrial vehicles. Automotive transmission system makes use of a fluid that couples in place of a friction clutch, and facilitates the gear changes by hydraulically unlocking and locking a system of planetary gears. These systems are made of a set of gear ranges, generally with a parking pawl used for locking the output shaft of the transmission that keeps the vehicle from going backward or forward. The  automotive transmission market  has expanded favorably over the years, backed by the mounting demand for automatic transmission ...