Global Automotive Transmission Market Propelled by Hybridization and Electrification of Powertrains

New York, USA, 2018-Oct-05 — /EPR Network/ —According to Goldstein Research, global automotive transmission market is expected to reach USD 190.1 billion by 2024, growing at a CAGR of 5.6% over the forecast period 2016-2024. The innovative technologies to adhere to the carbon emission norms and environmental concerns are primarily driving the market. Automatic transmissions accounted for the largest market share of about 45%, followed by hybrid transmission on the back of rising adoption of hybrid vehicles. Global automotive transmission market is largely driven by Asia-Pacific and closely followed by Europe market share. Europe accounts for top automobile manufacturers and has stringent regulation towards the environment and carbon emission.

Latin America countries are also developing and seem to be an opportunistic market for the growth of the automotive transmission market backed by the increasing automobile manufacturing and sales.

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Market Segmentation

On the basis of our in-depth analysis, Global Automotive Transmission Market can be segmented as follows:

By Product Type

  • Manual Transmission
  • Automatic Transmission
  • Continuously Variable Transmission (CVT)
  • Dual Clutch Transmission (DCT)
  • Automated manual Transmission (AMT)
  • Hybrid Transmission

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Two-wheelers

By Region

  • North America Automotive Transmission Market Analysis, 2016-2024
  • Global Automotive Transmission Market Analysis, 2016-2024
  • The Middle East And Africa Automotive Transmission Market Analysis, 2016-2024
  • Latin America Automotive Transmission Market Analysis, 2016-2024
  • Asia Pacific Automotive Transmission Market Analysis, 2016-2024
  • Rest Of The World Automotive Transmission Market Analysis, 2016-2024

“Global Automotive Transmission Market Outlook 2024” includes a comprehensive overview of the global automotive transmission market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, vehicle type, and geography.

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The Global Automotive Transmission Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of automotive transmission market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global automotive transmission market analyzed in the report are: Allison Transmission Inc., Aisin Seiki Co. Ltd., Continental AG, BorgWarner Inc., Eaton Corporation PLC, GKN PLC, Getrag, Jatco Ltd., Magna International Inc., and ZF Friedrichshafen AG, etc.

Further, Global Automotive Transmission Market Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Automotive Transmission Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on automotive industry overview report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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