Automotive Automatic Transmission Market Size, CAGR by 2031
The automotive automatic transmission market is expected to register a CAGR of 6.7% during 2023–2031. The rise in adoption of electric and hybrid vehicles is likely to remain a key trend in the market.
Automotive Automatic Transmission Market Analysis
- The growth of automatic transmission systems is also accompanied by an increase in demand for electric and hybrid vehicles, which only function with the help of specific transmission systems. Furthermore, the rapid spread of adaptive and automatic transmission control has led to the development of auto-shift manual transmission.
- Also, as the advanced automatic transmission systems are gaining more credibility, manufacturers increasingly favour them over conventional manual systems as they prove to be environment-friendly and facilitate smooth driving experience.
Automotive Automatic Transmission Market Overview
- The growth of the market has been associated with the development of advanced manual transmissions with automatic-shift mode and adaptive transmission control, which indicates the trend toward sophisticated transmission technologies. The other trend which is driving the market is the increasing demand for electric and hybrid vehicles, which require advanced transmission systems.
- Transmission systems have electric motors and power electronics, which are highly demanded in low-carbon technology. This has been facilitated by the shift toward high-efficiency electric vehicles. The integration of electric motors and power electronics in automatic transmission system is expected to drive the global automotive automatic transmission market in the future.
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Automotive Automatic Transmission Market: Strategic Insights
Automotive Automatic Transmission Market
-
CAGR (2023 - 2031)
6.7%
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Increasing Adoption of Automatic Transmission in Vehicle
FUTURE TRENDS
- The rise in adoption of electric and hybrid vehicles
OPPORTUNITIES
- The integration of electric motors and power electronics in transmission systems
Key Players
- Brog Warner Inc
- Daimler AG
- Continental AG
- Delphi Automotive
- Eaton Corporation Plc
- Fiat Powertrain Technologies
- Jatco Ltd
- NSK Ltd
- Valeo
- Aisin Seiki
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Automatic Transmission
- Automated Manual Transmission
- Dual Clutch Transmission
- Continuously Variable Transmission
Fuel Type
- Gasoline
- Diesel
- Electric Vehicle
- Hybrid
Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Automotive Automatic Transmission Market: Strategic Insights
-
CAGR (2023 - 2031)6.7% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Increasing Adoption of Automatic Transmission in Vehicle
- The rise in adoption of electric and hybrid vehicles
- The integration of electric motors and power electronics in transmission systems
Key Players
- Brog Warner Inc
- Daimler AG
- Continental AG
- Delphi Automotive
- Eaton Corporation Plc
- Fiat Powertrain Technologies
- Jatco Ltd
- NSK Ltd
- Valeo
- Aisin Seiki
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Automatic Transmission
- Automated Manual Transmission
- Dual Clutch Transmission
- Continuously Variable Transmission
- Gasoline
- Diesel
- Electric Vehicle
- Hybrid
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Automotive Automatic Transmission Market Drivers and Opportunities
Increasing Adoption of Automatic Transmission in Vehicle to Favor the Market
- The increasing vehicle population by automatic transmission in vehicles is one of major driving factors of automotive automatic transmission market. The factors are increasing use of auto-shift manual transmission system with Adaptive transmission control, increasing trend of electric and hybrid vehicles. Also, the objective of both automakers to maximized innovation and efficiency to facing this environmental challenge leads to automotive automatic transmission industry towards growth.
- However, with government regulations for reducing carbon emission and increment of fuel efficiency by vehicle manufacturers, the manufactures forced to utilize the latest transmission system which leads to market trend towards growth.
The integration of electric motors and power electronics in transmission systems
- Integration of electric motors and power electronics with automotive automatic transmission is understandably a momentous leap in the automotive automatic transmission market. This integration is in tandem with the recent tightening of the emission regulation world over and the call by the vehicle user expectations for high fuel economy. Therefore, electrification of the automotive transmission plays a pivotal role going ahead in the automotive transmission technology mostly for electric and hybrid vehicle technology.
- Integration of electric motor and power electronics with automotive automatic transmission is one significant factor for the transition to an imminent robust growth in the automotive automatic transmission market. With this integration the performance vehicle drives, pollution level reduction and fuel economy is enhanced.
Automotive Automatic Transmission Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive automatic transmission market analysis are type, fuel type, and vehicle type.
- Based on type, the automotive automatic transmission market is divided into automatic transmission, automated manual transmission, dual clutch transmission, and continuously variable transmission.
- On the basis of fuel type, the market is divided into gasoline, diesel, electric vehicle, and hybrid.
- Based on vehicle type, the automotive automatic transmission market is divided into passenger cars, light commercial vehicles, and heavy commercial vehicles.
Automotive Automatic Transmission Market Share Analysis by Geography
- Automotive automatic transmission market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive automatic transmission market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive automatic transmission market in these regions.
Automotive Automatic Transmission Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 6.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Automotive Automatic Transmission Market News and Recent Developments
The automotive automatic transmission market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive automatic transmission market are listed below:
- ZF PowerLine marks the start of a small revolution in the medium-heavy trucks, pickups, and bus segments: With eight gears and a design principle adopted from world leading passenger car systems, the new automatic transmission surpasses the systems currently available. (Source: ZF Friedrichshafen AG, Company Website, December 2019)
- Ford has started production of a new 10-speed automatic gearbox option for rear-wheel drive (RWD) Transit models that offers excellent fuel efficiency, 1 outstanding durability and the ability to tow up to 2,800kg2. (Source: The Ford Motor Company, Company Website, June 2021)
Automotive Automatic Transmission Market Report Coverage and Deliverables
The “Automotive Automatic Transmission Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive automatic transmission market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive automatic transmission market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive automatic transmission market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive automatic transmission market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Increasing Adoption of Automatic Transmission in Vehicle is the major factors driving the automotive automatic transmission market.
The global automotive automatic transmission market is expected to grow at a CAGR of 6.7% during the forecast period 2023 - 2031.
The rise in adoption of electric and hybrid vehicles is the key future trend in the global automotive automatic transmission market in the coming years.
The leading players operating in the automotive automatic transmission market include Brog Warner Inc, Daimler AG, Continental AG, Delphi Automotive, Eaton Corporation Plc, Fiat Powertrain Technologies, Jatco Ltd, NSK Ltd, Valeo, Aisin Seiki, Allison Transmission Holdings.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The List of Companies
1.AISIN SEIKI Co., Ltd.
2.Allison Transmission Inc.
3.BorgWarner Inc.
4.Continental AG
5.Eaton Corporation
6.Hilite International
7.Magna International Inc.
8.Magna International Inc.
9.Valeo
10.ZF Friedrichshafen AG