- Press Release -

Rockville, Md. The global automotive transmission system market is set to grow at a 5% CAGR through 2022, according to Fact.MR, carried by rising vehicle demand in Asia Pacific and Latin America. Brisk sales of low and mid-range cars in China, India and Brazil are opening up opportunity across the wider auto industry, and next-generation fully automatic and semi-automatic systems are spreading well beyond premium models.

Manual transmissions still hold the largest near-term share, passenger cars generate most of the demand, and diesel leads on value. Asia Pacific excluding Japan is the standout region, while Europe and North America stay central as home to many carmakers.

Types, Vehicles and Fuel

Manual systems remain the anchor of the market over the next five years, on track to reach US$ 26.02 Bn by 2022 on steady growth, even as automatic transmissions gain prominence on the back of buyers wanting easier, more comfortable driving. Passenger cars are the largest vehicle segment throughout the period and are set to create an absolute opportunity of US$ 5.8972 Bn between 2017 and 2022, with light commercial vehicles holding second place. On fuel, diesel commands a larger value share than gasoline and is expected to reach US$ 30.8215 Bn by the close of the forecast at a moderate pace.

Asia Pacific excluding Japan is the most attractive region and is expected to expand impressively, while Europe and North America remain key markets, anchored by leading OEMs and carmakers in Germany, France, the United Kingdom and the United States.

Emissions and Comfort Drive Change

Two currents are reshaping the market. Growing concern over energy use and carbon emissions is prompting engineers to retune and update transmissions to meet regulatory norms, while rising expectations for comfortable driving steer consumer preference toward automatics. The result is a market that keeps growing on volume while shifting in mix toward more sophisticated systems.

Competitive Landscape

The competitive field brings together large tier-one suppliers and specialist transmission makers, most of them anchored in the carmaking hubs of Europe, North America and Asia. Competition is turning on the shift to automatic and dual-clutch systems, closer collaboration with carmakers on next-generation gearboxes, and investment in lighter, more efficient designs that help meet tightening emissions rules.

Reading the Market for Decisions

For suppliers, the pull toward automatics and diesel value, combined with strong emerging-market volume, points to where to focus. Investors get a market with steady growth and a clear shift in product mix. Procurement teams can plan around manual systems leading near-term volume, automatics gaining share, and Asia Pacific carrying the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global automotive transmission system market for the 2017 to 2022 forecast period, with segmentation by transmission type, vehicle type, fuel type and region. It sizes each segment, maps the competitive field, and weighs the regulatory and consumer forces shaping demand. Further detail is available in the automotive transmission system market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.