Motorsport Transmission Market Analysis Report 2023 to 2030
Motorsport Transmission Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 329.44 Million |
Market Size by 2030 | US$ 470.38 Million |
Global CAGR (2022 - 2030) | 4.6% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Racing Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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 |