Motorsport Transmission Market to Grow at CAGR of 4.6% | 2030
[Research Report] The motorsport transmission market was valued at US$ 329.44 million in 2022 and is projected to reach US$ 470.38 million by 2030; it is expected to grow at a CAGR of 4.6% during 2022–2030.
Analyst Perspective:
The global motorsport transmission market has been segmented into five major regions: North America, Europe, APAC, the MEA, and SAM. The global motorsport transmission market is driven by increasing racing car championships and the growing popularity of sports car events globally. Major racing car championships include FIA World Endurance Championship, Asian Le Mans Series, European Le Mans Series, NASCAR Cup Series, World Touring Car Cup, Formula One World Championship, Super Formula, FIA Formula E World Championship, and IndyCar Series. The rising popularity of these racing cars, with significant investments by the OEMs for car developments across the globe, is the major driving factor for the motorsport transmission market growth.
Motorsport transmission consists of manual, automatic, and sequential systems. Among these, the sequential transmission system accounted for the largest share in 2022, owing to the rising adoption of this gearbox among Formula One cars. The Formula One car championship is the most common racing type held globally, followed by Le Mans and the World Touring Championships. Technological advancements and a growing focus on safety and convenience in motorsport car development are the key driving factors for sequential transmission in the global motorsport transmission market. For instance, in December 2020, HGT Precision launched a sequential gearbox for the MotorSport New Zealand competition's license holders. HGT Precision produced a Sequential 7075-T651 gearbox with a high-precision 5-axis CNC machine. The company used robust materials and adopted a precise manufacturing process to produce strong and rigid gears. HGT Precision gears produce Diamond Grounded gears with high durability, low noise, efficiency, and resistance to pitting. Such instances are driving the growth of the motorsport transmission market.
Similarly, in September 2021, Nissan launched the GT-R racing car model for Japan and the global market. This model is equipped with a sequential gearbox, carbon ceramic material-based brakes, a carbon-fiber material-based rear spoiler, and an exclusive engine cover. Advancements in transmission systems by the key players and the adoption of sequential transmission system-based sports cars drive the motorsport transmission market.
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Motorsport Transmission Market: Strategic Insights
Market Size Value in US$ 329.44 million in 2022 Market Size Value by US$ 470.38 million by 2030 Growth rate CAGR of 4.6% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Motorsport Transmission Market: Strategic Insights
| Market Size Value in | US$ 329.44 million in 2022 |
| Market Size Value by | US$ 470.38 million by 2030 |
| Growth rate | CAGR of 4.6% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Market Overview:
Motorsports viewership has increased dramatically in recent years. Considering the worldwide motorsport events, Formula 1 stands unrivaled in terms of appeal and viewership, with ~1.9 billion viewers in the 2023 season. According to IndyCar numbers, the series averaged 1.403 million viewers per race on NBC, a 2% rise year over year. The doubleheader at Lowa Speedway was especially outstanding, averaging 1.21 million viewers throughout the weekend, a 31% increase year over year. The Indianapolis 500 was one of the season's top draws, with an average of 4.94 million viewers. While this increased over last year's average of 4.84 million viewers, 2023 is one of only four seasons of the race to have received fewer than five million spectators. All such factors are propelling the motorsport transmission market growth.
Event revenue generation has increased in the past few years due to the rising popularity and spending of motorsport events. F1's parent business, Liberty Media, stated that the racing promotion made US$ 2.5 billion in income in 2022, a 20% rise from the previous year's tally of US$ 2.1 billion. Compared to the previous year, Formula 1's overall revenues increased significantly during the third quarter of 2023. Formula One revenues continued to rise in the third quarter of 2023, climbing from US$ 715 million in 2022 to US$ 887 million in 2023, representing a 24% increase. Such factors have directly affected the motorsport transmission market.
Market Driver:
Increasing Popularity of Motorsport Events is Driving the Motorsport Transmission Market Growth
Motorsports viewership has increased dramatically in recent years. Considering the worldwide motorsport events, Formula 1 stands unrivaled in terms of appeal and viewership, with ~1.9 billion viewers in the 2023 season. According to IndyCar numbers, the series averaged 1.403 million viewers per race on NBC, a 2% rise year over year. The doubleheader at Lowa Speedway was especially outstanding, averaging 1.21 million viewers throughout the weekend, a 31% increase year over year. The Indianapolis 500 was one of the season's top draws, with an average of 4.94 million viewers. While this increased over last year's average of 4.84 million viewers, 2023 is one of only four seasons of the race to have received fewer than five million spectators. The Formula One season in the US in 2022 averaged 1.21 million viewers per race on ESPN, ESPN2, and ABC, a 28% increase over the previous US television record of 949,000 average viewers established in 2021. In addition, the 2022 season was the first in US television history to average 1 million viewers for each race. Such huge viewer base may attract the investment which anticipated to drive the motorsport transmission market growth.
In terms of television viewership, the US ranks in third position. With rising popularity and more home events on the calendar, the US is likely to break into the top five in the future years. Most other countries witnessing rapid growth in viewing are already listed among the top five in the world. However, China and Russia have witnessed a huge increase in viewership. Motorsport Network conducted the Global F1 Fan Survey in 2021 during August and October. A total of 167,302 completed responses were gathered, the largest number ever. 34% of respondents were under the age of 24, and nearly 63% were under the age of 34. Such increased popularity for motorsport has positively affected the number of events. As a result, several new small-scale motorsport events have emerged that have directly and positively impacted the motorsport transmission market growth.
Segmental Analysis:
Based on race type, the global motorsport transmission market share is divided into Formula One, NASCAR, GT Racing, World Touring Car Championship (WTCC), Le Mans, Rally and Off-Road, and Others. Among these, Formula One has the largest share of motorsport transmission market owing to the presence of this racing event in countries including the US, China, Germany, France, and Italy. The cost of Formula One cars is also higher than that of other racing cars. Also, in 2021, the Formula One season had the highest popularity, watched by over 1.55 billion viewers globally, and it attracted ~445 million unique viewers across the globe.
Regional Analysis:
North America has secured the second position in the global motorsport transmission market. Formula One has the highest popularity in North America, whereas NASCAR has now become the second most popular motorsport in the region. The US market held the maximum share owing to the strong presence of automotive manufacturers and deep-rooted passion for motorsports. Companies such as Xtrac and G-Force Racing Transmissions are prominent in producing high-performance transmissions for various motorsport disciplines. The US motorsport transmission market is driven by a strong motorsport culture and high demand for NASCAR, IndyCar, drag racing, and off-road racing. Canada is following the trend after the US in terms of total revenue. The country hosts a round of the Formula 1 championship, drawing global attention.
Key Player Analysis:
Marelli Holdings Co Ltd, Ricardo Plc, Drenth Gearboxes Holland BV, EMCO Gears Inc, Samsonas Motorsport UAB, Hewland Engineering Ltd, ZF Friedrichshafen AG, SADEV SAS, Holinger Engineering Co Pty Ltd, and Xtrac Ltd are among the key motorsport transmission market players operating in the market.
Motorsport Transmission Market Report Scope
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the global motorsport transmission market. A few recent developments by key motorsport transmission market players are listed below:
Year | News | Region |
May-2023 | Ricardo announced a multi-year partnership with British supercar manufacturer McLaren Automotive to produce its next-generation V8 power unit. | Europe |
July-2023 | Inflexion announced it has agreed to sell its investment in Xtrac Ltd. ("Xtrac"), a market-leading manufacturer of transmissions systems for the motorsport and high-performance sectors, to MiddleGround Capital—a US and European middle market private equity firm. | North America |
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Racing Type, Transmission Type, and Geography
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
Many motorsport teams and automakers across the globe are introducing new track-ready vehicles that are more efficient and effective. In February 2023, McLaren Motorsport confirmed the new 720S GT3 EVO, intended to be built on the 720S's performance at the top of the international GT3 field into the 2023 season and beyond. The 720S GT3 EVO will be homologated for the 2023 season as a new-build race vehicle or as an update package for an existing car.
The majority of the fan base for motorsports is from North America and Europe. Although many motorsport events take place in Asia Pacific, the popularity of such events is comparatively low. However, in recent years, many motorsport events have witnessed massive viewership from Asian countries.
Motorsports viewership has increased dramatically in recent years. Considering the worldwide motorsport events, Formula 1 stands unrivaled in terms of appeal and viewership, with ~1.9 billion viewers in the 2023 season. According to IndyCar numbers, the series averaged 1.403 million viewers per race on NBC, a 2% rise year over year.
The North American region has secured the second position in the global motorsport transmission market. Formula One has the highest popularity in North America, whereas NASCAR has now become the second most popular motorsport in the region. The US market held the maximum share owing to the strong presence of automotive manufacturers and deep-rooted passion for motorsports.
ZF Friedrichshafen, Hewland Engineering Ltd., Xtrac Ltd., Recardo, SADEV SAS, and Marelli Holdings Ltd. are the key market players operating in the global motorsport transmission market.
1. Introduction
1.1 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Motorsport Transmission Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 List of Automotive Telematic Suppliers
5. Motorsport Transmission Market - Key Industry Dynamics
5.1 Motorsport Transmission Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Popularity of Motorsport Events
5.2.2 Rising Motorsport Event Revenue
5.2.3 Growing Popularity of Off-Road Racing in US
5.3 Market Restraints
5.3.1 Increasing Adoption of Electric Vehicles in Motorsport
5.4 Market Opportunities
5.4.1 Rising Motorsports Trends in Asia Pacific
5.5 Future Trends
5.5.1 New Race Car Launches and Addition of New Teams
5.6 Impact of Drivers and Restraints:
6. Motorsport Transmission Market - Global Market Analysis
6.1 Motorsport Transmission Market Revenue (US$ Million), 2022 – 2030
6.2 Motorsport Transmission Market Forecast and Analysis
7. Motorsport Transmission Market Analysis – Racing Type
7.1.1 Motorsport Transmission Market, By Racing Type (2022 and 2030)
7.2 Formula One
7.2.1 Overview
7.2.2 Formula One Market, Revenue and Forecast to 2030 (US$ Million)
7.3 NASCAR
7.3.1 Overview
7.3.2 NASCAR Market, Revenue and Forecast to 2030 (US$ Million)
7.4 GT Racing
7.4.1 Overview
7.4.2 GT Racing Market, Revenue and Forecast to 2030 (US$ Million)
7.5 WTCC (Word Touring Car Championship)
7.5.1 Overview
7.5.2 WTCC (Word Touring Car Championship) Market, Revenue and Forecast to 2030 (US$ Million)
7.6 Le Mans
7.6.1 Overview
7.6.2 Le Mans Market, Revenue and Forecast to 2030 (US$ Million)
7.7 Rally and Off road
7.7.1 Overview
7.7.2 Rally and Off-road Market, Revenue and Forecast to 2030 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. Motorsport Transmission Market Analysis – Transmission Type
8.1.1 Motorsport Transmission Market, By Transmission Type (2022 and 2030)
8.2 Manual
8.2.1 Overview
8.2.2 Manual Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Automatic
8.3.1 Overview
8.3.2 Automatic Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Sequential
8.4.1 Overview
8.4.2 Sequential Market, Revenue and Forecast to 2030 (US$ Million)
9. Motorsport Transmission Market - Geographical Analysis
9.1 Overview
9.2 North America Motorsport Transmission Market
9.2.1 Overview
9.2.2 North America Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.3 North America Motorsport Transmission Market Breakdown by Racing Type
9.2.3.1 North America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Racing Type
9.2.4 North America Motorsport Transmission Market Breakdown by Transmission Type
9.2.4.1 North America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Transmission Type
9.2.5 North America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.2.5.1 North America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.2.5.2 US Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.2.1 US Motorsport Transmission Market Breakdown by Racing Type
9.2.5.2.2 US Motorsport Transmission Market Breakdown by Transmission Type
9.2.5.3 Canada Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.3.1 Canada Motorsport Transmission Market Breakdown by Racing Type
9.2.5.3.2 Canada Motorsport Transmission Market Breakdown by Transmission Type
9.2.5.4 Mexico Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.4.1 Mexico Motorsport Transmission Market Breakdown by Racing Type
9.2.5.4.2 Mexico Motorsport Transmission Market Breakdown by Transmission Type
9.3 Europe
9.3.1 Europe Motorsport Transmission Market Overview
9.3.2 Europe Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.3 Europe Motorsport Transmission Market Breakdown by Racing Type
9.3.3.1 Europe Motorsport Transmission Market Revenue and Forecasts and Analysis - By Racing Type
9.3.4 Europe Motorsport Transmission Market Breakdown by Transmission Type
9.3.4.1 Europe Motorsport Transmission Market Revenue and Forecasts and Analysis - By Transmission Type
9.3.5 Europe Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.3.5.1 Europe Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.3.5.2 France Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.2.1 France Motorsport Transmission Market Breakdown by Racing Type
9.3.5.2.2 France Motorsport Transmission Market Breakdown by Transmission Type
9.3.5.3 Germany Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.3.1 Germany Motorsport Transmission Market Breakdown by Racing Type
9.3.5.3.2 Germany Motorsport Transmission Market Breakdown by Transmission Type
9.3.5.4 Italy Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.4.1 Italy Motorsport Transmission Market Breakdown by Racing Type
9.3.5.4.2 Italy Motorsport Transmission Market Breakdown by Transmission Type
9.3.5.5 UK Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.5.1 UK Motorsport Transmission Market Breakdown by Racing Type
9.3.5.5.2 UK Motorsport Transmission Market Breakdown by Transmission Type
9.3.5.6 Russia Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.6.1 Russia Motorsport Transmission Market Breakdown by Racing Type
9.3.5.6.1.1 Russia Motorsport Transmission Market Breakdown by Transmission Type
9.3.5.7 Rest of Europe Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.7.1 Rest of Europe Motorsport Transmission Market Breakdown by Racing Type
9.3.5.7.2 Rest of Europe Motorsport Transmission Market Breakdown by Transmission Type
9.4 Asia Pacific Motorsport Transmission Market
9.4.1 Overview
9.4.2 Asia Pacific Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.3 Asia Pacific Motorsport Transmission Market Breakdown by Racing Type
9.4.3.1 Asia Pacific Motorsport Transmission Market Revenue and Forecasts and Analysis - By Racing Type
9.4.4 Asia Pacific Motorsport Transmission Market Breakdown by Transmission Type
9.4.4.1 Asia Pacific Motorsport Transmission Market Revenue and Forecasts and Analysis - By Transmission Type
9.4.5 Asia Pacific Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.4.5.1 Asia Pacific Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.4.5.2 Australia Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.2.1 Australia Motorsport Transmission Market Breakdown by Racing Type
9.4.5.2.2 Australia Motorsport Transmission Market Breakdown by Transmission Type
9.4.5.3 China Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.3.1 China Motorsport Transmission Market Breakdown by Racing Type
9.4.5.3.2 China Motorsport Transmission Market Breakdown by Transmission Type
9.4.5.4 India Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.4.1 India Motorsport Transmission Market Breakdown by Racing Type
9.4.5.4.2 India Motorsport Transmission Market Breakdown by Transmission Type
9.4.5.5 Japan Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.5.1 Japan Motorsport Transmission Market Breakdown by Racing Type
9.4.5.5.2 Japan Motorsport Transmission Market Breakdown by Transmission Type
9.4.5.6 South Korea Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.6.1 South Korea Motorsport Transmission Market Breakdown by Racing Type
9.4.5.6.2 South Korea Motorsport Transmission Market Breakdown by Transmission Type
9.4.5.7 Rest of Asia Pacific Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.7.1 Rest of Asia Pacific Motorsport Transmission Market Breakdown by Racing Type
9.4.5.7.2 Rest of Asia Pacific Motorsport Transmission Market Breakdown by Transmission Type
9.5 Middle East & Africa Motorsport Transmission Market
9.5.1 Overview
9.5.2 Middle East & Africa Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.3 Middle East & Africa Motorsport Transmission Market Breakdown by Racing Type
9.5.3.1 Middle East & Africa Motorsport Transmission Market Revenue and Forecasts and Analysis - By Racing Type
9.5.4 Middle East & Africa Motorsport Transmission Market Breakdown by Transmission Type
9.5.4.1 Middle East & Africa Motorsport Transmission Market Revenue and Forecasts and Analysis - By Transmission Type
9.5.5 Middle East & Africa Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.5.5.1 Middle East & Africa Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.5.5.2 Saudi Arabia Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.2.1 Saudi Arabia Motorsport Transmission Market Breakdown by Racing Type
9.5.5.2.2 Saudi Arabia Motorsport Transmission Market Breakdown by Transmission Type
9.5.5.3 UAE Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.3.1 UAE Motorsport Transmission Market Breakdown by Racing Type
9.5.5.3.2 UAE Motorsport Transmission Market Breakdown by Transmission Type
9.5.5.4 South Africa Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.4.1 South Africa Motorsport Transmission Market Breakdown by Racing Type
9.5.5.4.2 South Africa Motorsport Transmission Market Breakdown by Transmission Type
9.5.5.5 Rest of Middle East & Africa Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.5.1 Rest of Middle East & Africa Motorsport Transmission Market Breakdown by Racing Type
9.5.5.5.2 Rest of Middle East & Africa Motorsport Transmission Market Breakdown by Transmission Type
9.6 South America Motorsport Transmission Market
9.6.1 Overview
9.6.2 South America Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.3 South America Motorsport Transmission Market Breakdown by Racing Type
9.6.3.1 South America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Racing Type
9.6.4 South America Motorsport Transmission Market Breakdown by Transmission Type
9.6.4.1 South America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Transmission Type
9.6.5 South America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.6.5.1 South America Motorsport Transmission Market Revenue and Forecasts and Analysis - By Country
9.6.5.2 Brazil Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.5.2.1 Brazil Motorsport Transmission Market Breakdown by Racing Type
9.6.5.2.2 Brazil Motorsport Transmission Market Breakdown by Transmission Type
9.6.5.3 Argentina Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.5.3.1 Argentina Motorsport Transmission Market Breakdown by Racing Type
9.6.5.3.2 Argentina Motorsport Transmission Market Breakdown by Transmission Type
9.6.5.4 Rest of South America Motorsport Transmission Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.5.4.1 Rest of South America Motorsport Transmission Market Breakdown by Racing Type
9.6.5.4.2 Rest of South America Motorsport Transmission Market Breakdown by Transmission Type
10. Motorsport Transmission Market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Marelli Holdings Co Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Ricardo Plc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Drenth Gearboxes Holland BV
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Development
13.4 EMCO Gears Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Samsonas Motorsport UAB
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Hewland Engineering Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ZF Friedrichshafen AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SADEV SAS
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Holinger Engineering Co Pty Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Xtrac Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Word Index
14.2 About The Insight Partners
List of Tables
Table 1. Steel and Aluminium as Raw Material Suppliers
Table 2. List of Suppliers in the Value Chain
Table 3. Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Million) – Racing Type
Table 5. Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Million) – Transmission Type
Table 6. North America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 7. North America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 8. North America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 9. US Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 10. US Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 11. Canada Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 12. Canada Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 13. Mexico Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 14. Mexico Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 15. Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 16. Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 17. Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 18. France Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 19. France Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 20. Germany Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 21. Germany Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 22. Italy Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 23. Italy Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 24. UK Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 25. UK Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 26. Russia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 27. Russia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 28. Rest of Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 29. Rest of Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 30. Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 31. Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 32. Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 33. Australia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 34. Australia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 35. China Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 36. China Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 37. India Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 38. India Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 39. Japan Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 40. Japan Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 41. South Korea Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 42. South Korea Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 43. Rest of Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 44. Rest of Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 45. Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 46. Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 47. Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 48. Saudi Arabia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 49. Saudi Arabia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 50. UAE Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 51. UAE Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 52. South Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 53. South Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 54. Rest of Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 55. Rest of Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 56. South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 57. South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 58. South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 59. Brazil Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 60. Brazil Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 61. Argentina Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 62. Argentina Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 63. Rest of South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Racing Type
Table 64. Rest of South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn) – By Transmission Type
Table 65. Heat Map Analysis by Key Players
Table 66. List of Abbreviation
List of Figures
Figure 1. Motorsport Transmission Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Motorsport Transmission Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Motorsport Transmission Market Breakdown by Geography, 2022 and 2030 (%)
Figure 6. Motorsport Transmission Market Revenue (US$ Million), 2022 – 2030
Figure 7. Motorsport Transmission Market Share (%) – Racing Type, 2022 and 2030
Figure 8. Formula One Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. NASCAR Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. GT Racing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. WTCC (Word Touring Car Championship) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Le Mans Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Rally and Off-road Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Motorsport Transmission Market Share (%) – Transmission Type, 2022 and 2030
Figure 16. Manual Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Automatic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Sequential Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Automotive Telematics Market Breakdown by Region, 2022 and 2030 (%)
Figure 20. North America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. North America Motorsport Transmission Market Breakdown by Racing Type (2022 and 2030)
Figure 22. North America Motorsport Transmission Market Breakdown by Transmission Type (2022 and 2030)
Figure 23. North America Motorsport Transmission Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. US Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Canada Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Mexico Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Europe Motorsport Transmission Market Breakdown by Racing Type (2022 and 2030)
Figure 29. Europe Motorsport Transmission Market Breakdown by Transmission Type (2022 and 2030)
Figure 30. Europe Motorsport Transmission Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 31. France Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Germany Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 33. Italy Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 34. UK Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 35. Russia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. Rest of Europe Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. Asia Pacific Motorsport Transmission Market Breakdown by Racing Type (2022 and 2030)
Figure 39. Asia Pacific Motorsport Transmission Market Breakdown by Transmission Type (2022 and 2030)
Figure 40. Asia Pacific Motorsport Transmission Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 41. Australia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. China Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 43. India Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 44. Japan Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 45. South Korea Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 46. Rest of Asia Pacific Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 47. Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. Middle East & Africa Motorsport Transmission Market Breakdown by Racing Type (2022 and 2030)
Figure 49. Middle East & Africa Motorsport Transmission Market Breakdown by Transmission Type (2022 and 2030)
Figure 50. Middle East & Africa Motorsport Transmission Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 51. Saudi Arabia Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. UAE Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. South Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. Rest of Middle East & Africa Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 55. South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 56. South America Motorsport Transmission Market Breakdown by Racing Type (2022 and 2030)
Figure 57. South America Motorsport Transmission Market Breakdown by Transmission Type (2022 and 2030)
Figure 58. South America Motorsport Transmission Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 59. Brazil Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. Argentina Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 61. Rest of South America Motorsport Transmission Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 62. Company Positioning & Concentration
The List of Companies - Motorsport Transmission Market
- Marelli Holdings Co Ltd
- Ricardo Plc
- Drenth Gearboxes Holland BV
- EMCO Gears Inc
- Samsonas Motorsport UAB
- Hewland Engineering Ltd
- ZF Friedrichshafen AG
- SADEV SAS
- Holinger Engineering Co Pty Ltd
- Xtrac Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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