Automotive Automatic Transmission System
Market Scenario
With the assistance of automotive automatic
transmission system, a vehicle can move from one point to another without the
requirement for shifting of gears manually. The slashing in manual labor and
increase in convenience of operations can act as strong boosters for the rise
of the automotive
automatic transmission system market size.
An internal combustion engine is used to cause
rotation of automatic automotive transmission system at high RPM can support
the rise of the automatic transmission system worldwide market. The variation
in speed range and different torque outputs are beneficial in case where
vehicles move in heavy traffic condition. The rise in world population and
increase in traffic congestion can support the growth of the automotive
automatic transmission market. Across 2023 to 2030, the global automotive
automatic transmission system market can expand at 6.5% CAGR.
The high shelf shifting potential offered by
automobile transmission can prompt the expansion of the automobile automatic
transmission system market 2023, reveals Market Research Future (MFRF).
The high efficacy of process of the transmission
of power from the engine across the wheels, automatically by the change in gear
ratios can add a competitive advantage to the automotive automatic transmission
system world market.
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Sample Report of Automotive Automatic Transmission System Market
Automotive Automatic Transmission System
Market Key Players
·
Magna International
Inc. (Canada)
·
Aisin Seiki Co. Ltd.
(Japan)
·
ZF Friedrichshafen AG
(Germany)
·
GETRAG (Germany)
·
JATCO (Japan)
·
Eaton Corporation PLC
(Republic of Ireland)
·
Continental AG
(Germany)
·
Allison Transmission
(U.S.)
·
BorgWarner Inc. (U.S.)
·
GKN PLC (U.K.)
Automotive Automatic Transmission System
Market Segmentation
The segment study of the global automatic
transmission market aids investors in getting enhanced understanding about the
market. It also offers insight on growth prospects of the market. Type, fuel,
and vehicle type are parameters on which the automotive automatic transmission
system market segment study is based.
The type based, automotive automatic transmission
system market segments are Dual-Clutch transmission (DCT), Automated Manual
Transmission (AMT), and Continuously Variable Transmission (CVT). The vehicle
type based, automotive automatic transmission system market are HCV, Passenger
Car, and LCV. The fuel type based, automotive automatic transmission system are
diesel, gasoline, and hybrid.
Automotive Automatic Transmission System
Market Regional Analysis
In Asia Pacific region, automotive
automatic transmission system market size is
anticipated to rise at the highest rate owing to rise in the need for gear
shift systems and automated clutch in commercial vehicles. Gear shift and
automated clutch assist in the reduction of accidents and aids in making ride
comfortable and safe. The increase in the demand for automated transmission
system can prompt the market in the years to come.
In North America, the automotive automatic
transmission system is rapidly replacing manual transmission system, as torque
interruption while changing of gear is accurate in the prior. Dual clutch transmission
that provides two clutch inputs offers smooth and comfortable ride, which is
also an important replacement to traditional solutions. The comfort ride
offered by these vehicle can impel the rise of the automatic transmission
market in the near future.
In Europe, the automotive automatic transmission
system market can rise due to the support of the government to imposed major
regulations to curb high vehicular CO2 emission from vehicles. Automobiles that
emit high CO2 are to be penalized with high taxation and high cost of fuel that
can result in having negative impact on the environment, thus result in the
adoption of automatic automotive transmission system across the assessment
period. The increase in utility of such system can bolster the market rise in
Europe.
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