Automotive Automatic Transmission Market will Expand at a Value CAGR of 8.8% Over the Forecast Period 2017-2026

Gear shifting technologies and mechanics associated to fuel transmission play a key role in the working of vehicles. Effective transmission leads to effective performance of automotive vehicles. With emergence of advanced automotive engines and the arrival of EVs and hybrids, vehicle owners are gradually shifting their preferences from manual to automatic transmissions. Faster and smooth gear-shifting abilities of automatic transmissions are driving their demand across the global automotive landscape. Low involvement of driver movements is further extending the drivability of vehicles equipped with automotive automatic transmissions.

Request for the Report Summary: https://www.factmr.com/report/475/automotive-automatic-transmission-market

Compared to manual transmissions, automatic transmissions exhibit a competitive advantage of managing the acceleration needs effectively. Close engagement of clutches in automotive automatic transmissions enable the driver to shift the gears faster, which is of great advantage for mid-sized cars. The report estimates that throughout the forecast period, mid-sized cars will represent the leading vehicle segment, accounting for more than one-fourth share on global market volumes. The report estimates that by the end of 2026, over 5,230,000 units of automatic transmissions will be equipped across mid-sized cars worldwide.

The report also reveals that compact cars, light commercial vehicles and heavy commercial vehicles will register healthy growth, and reflect more than 8% CAGRs in terms of volumes during the forecast period. By the end of the forecast period, nearly 3,500,000 units of automotive automatic transmissions will be installed across heavy and light commercial vehicles collectively. The report also reveals that in 2017, nearly 2,000,000 units of automotive automatic transmissions were installed across compact cars in the world.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=475

The report further reveals that the demand for automotive automatic transmission will be high in North America and Europe, while the Asia-Pacific excluding Japan (APEJ) region will be observed as the largest producer of automotive automatic transmissions. By 2026-end, the APEJ automotive automatic transmission market will be at the forefront of global expansion, registering sales of over 5,283,000 units of automatic transmissions.

Leading manufacturers of automotive automatic transmissions have been profiled in the report. These include, Honda Motor Co., Ltd., Generac Holdings Inc., Yamaha Motor Co., Ltd., Hyundai Motor Company, Champion Power Equipment, Inc., Wuxi Kipor Power Co. Ltd., Toshiba Corporation, Lifan Industry (Group) Co., Ltd, Briggs & Stratton Corporation, Subaru Corporation and Ryobi Limited. A majority of these companies are likely to expand their manufacturing bases in the APEJ region to capitalize on the existing vast end-use base. In addition, several market players will be focusing on integrating smart technologies to increase the performance of automotive automatic transmissions and extend their role in improving the working of vehicles.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=475

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Matched content

Editor’s pick