Allison Transmission Holdings INC.; Daimler AG; HYUNDAI TRANSYS; Martal Group; Vitesco Technologies. Are among the key market players operating in the commercial vehicle transmission oil pump and transmission system market. The listing/positioning of key players is derived by considering multiple parameters such as overall revenue, segment revenue, brand image, current unified endpoint management solution & service portfolio, R&D expenditure, customer/user base, geographic reach, new product/service launches, market initiatives, mergers & acquisitions, and other market-related activities. BorgWarner INC; Chongqing Hanjiang Gear Transmission Co., Ltd; Eaton Corporation; Mack Trucks; Scania; Sinotruk (Hong Kong) Limited; Jinan Transmission Division; Datong Gear Co., Ltd; Shaanxi Fast Auto Gear Co., Ltd; Volvo; Voith GmbH; ZF Friedrichshafen; Zhejiang wanliyang Co., Ltd; Scherzinger Pumpen GmbH & Co. KG; Fuxin Del Auto Parts Co., Ltd.; SLPT; and MAHLE GMBHare few other notable players that were studied during the market study. In addition to these players, multiple other leading global and regional market players, emerging companies, market disruptors and niche market players were studied and analyzed during the course of this study.
Allison Transmission Holdings INC.; Daimler AG; HYUNDAI TRANSYS; Martal Group; Vitesco Technologies. – PROMINENT MARKET PARTICIPANTS IN COMMERCIAL VEHICLE TRANSMISSION OIL PUMP AND TRANSMISSION SYSTEM MARKET
The global commercial vehicle transmission oil pump and transmission system market is segmented based on offering, oil pump product type, oil pump type, transmission system type, vehicle type, powertrain type, and geography. Based on offering, the market is categorized into transmission oil pump, and transmission system. In terms of oil pump product type, the market is segmented into fixed displacement pump and variable displacement pump. Based on oil pump type, the market is categorized into vane type, gear type, and rotor type. In terms of transmission system type, the market is categorized into manual transmission, automatic transmission, and automated manual transmission. Based on vehicle type, the market is segmented into LCV (Class I and Class II), MCV (Class III and Class VI), and HCV (Class VII to Class VIII). Based on powertrain type, the market is segmented into internal combustion engine, electric, and hybrid. Geographically, the commercial vehicle transmission oil pump and transmission system market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, India, Japan, South Korea, and Rest of APAC), Middle East & Africa (Saudi Arabia, South Africa, the UAE, and Rest of MEA), and South America (Brazil, Argentina, and Rest of SAM)..
Rapid technological advancements in automotive transmission systems by manufacture are anticipated to boost the growth of the market. Furthermore, due to the shift in demand for fuel-efficient products with higher performance, the market is expected to be driven by the increasing usage of continuously variable transmission (CVT) and dual clutch transmission (DCT) technologies in manual and automatic systems. Many automakers are now offering intelligent manual transmission (IMT), which allows drivers to shift ratios without depressing the clutch. Owing to the rapid increase in demand for automatic cars, particularly in emerging nations such as China, India, Brazil, and Russia, the global electrical commercial transmission oil pumps and transmission system market is predicted to grow significantly. The surge in per capita disposable incomes and consumer spending is responsible for this massive demand. Furthermore, the market expansion is accelerated by technical developments and increased R&D activity. However, the presence of competitors providing less expensive products is a key stumbling block to the market expansion.
Most of the market initiatives were observed in North America region, which has a high potential for commercial vehicle transmission oil pump and transmission system providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Country |
| 2021 | Allison Transmission, in partnership with Cummins and GILLIG, has delivered 24 electric hybrid buses to IndyGo, the Indianapolis Public Transportation Corporation. | North America |
| 2021 | Allison Transmission has announced a strategic partnership with American Rheinmetall Vehicles (ARV) to provide the Next-Generation Electrified Transmission (NGET) propulsion system for the Lynx vehicle that is in competition to be selected for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program. . | North America |
