Key Insights: Global Automotive Transmission System Market
APEJ Continues to Develop a Hotbed of Opportunities for Automotive Transmission System Production Giants
Fact.MR in its report on the global automotive transmission system market reveals that Asia Pacific (excluding Japan), which is currently the top ranking regional space for automotive transmission system, will remain the largest automotive transmission system production hub throughout the assessment period 2017-2022. With an already massive share in the global automotive manufacturing industry, APEJ will continue to encourage outsourcing of automotive transmission system production predominantly owing to the low price point of raw materials and labor – creating to the favorable production cost scenario for manufacturers. Towards the end of 2022, FACT.MR expects the global automotive transmission system market to exceed the value worth US$ 40 Bn, of which over 35% share is presumed to be held by APEJ automotive transmission system market.
Top-of-the-line Demand for Manual Automotive Transmission System to Persist in Emerging Asian Economies
While manufacturers of manual automotive transmission system have been targeting the cost-conscious customer in developing Asian economies, evidently growing sales of automatic automotive transmission systems are quite promising. Severe traffic congestion scenario in urban areas will continue to worsen over the next few years, thereby pushing the demand for automatic automotive transmission systems such as dual clutch and CVTs. However, this does not translate to the dooming performance of manual automotive transmission system. Higher fuel efficiency and affordable pricing of manual automotive transmission system over its automated and automatic variants is likely to enable it to forge ahead at a steady pace through 2022.
Booming Significance of Fuel Efficiency to Pave the Way for Design Innovation in Automotive Transmission System Market
As the focus on fuel efficiency is spiraling over the time, the demand for electrification of vehicles is also elevating. With hybrid EVs, battery-powered vehicles, and fuel cell EVs estimated for decently growing demand with ascending sustainability quotient, new development and design possibilities are likely to bring in a slew of innovations specific to automotive transmission systems. As automotive transmission system makes up the heaviest part of the entire powertrain system, it is most likely that the automotive transmission system space will witness design innovations targeting reduced weight of the automotive transmission system suitable for lightweight and eventually fuel efficient vehicles.
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About the Report on Global Automotive Transmission System Market
In a new study presented by Fact.MR, the global automotive transmission system market has been thoroughly analyzed between 2017 and 2022, with an aim to provide the most actionable insights on the futuristic scenario of automotive transmission system market, to established as well as newly entering players in the global automotive transmission system marketplace. The report throws light on all the key aspects associated with the growth of automotive transmission system market over 2017-2022, with emphasizing the analysis of the factors that are expected to pose the most significant impact on the performance of automotive transmission system market over the assessment period. FACT.MR’s report on the global automotive transmission system market has been prepared with an objective to empower automotive transmission system manufacturers with unbiased, accurate insights on the market to strategize their development in the long run.
Market Definition: Automotive Transmission System
Automotive transmission system, popularly termed as powertrain, is a collective system of functional automotive components such as gear, gearbox, clutch, universal joints, tires, wheels, rear axle, and propeller shaft. The term transmission generally refers to the automotive gearbox including gears and gear trains, which perform the conversions of speed and torque from a revolving source of power to other device. Automotive transmission system is a machine within the power transmission system that imparts controlled application of power. The mechanism of automotive transmission system works on the conduction of power transmission between the automobile engine and driving wheels. The automotive transmission system converts the final engine into the automobile’s torque.
Fact.MR’s Report on Automotive Transmission System Market Provides Answers to Additional Questions -
- How could the precise impact of elevating adoption of automatic and automated automotive transmission system be interpreted on the long-term performance of manual automotive transmission system?
- What are the factors that can potentially uplift the adoption of automotive transmission system within the HCV and commercial vehicle segments?
- What product differentiation strategies are likely to trigger strong competition in the automotive transmission system market landscape?
Competition Analysis: Global Automotive Transmission System Market
In the wake of escalating demand for high speed automotive transmission system, several leading manufacturers in the global automotive transmission system landscape are investing in R&D of new technological models. Fact.MR provides exhaustive insights on the competitive landscape of the global automotive transmission system market that includes the key company profiles, their market shares, brand positions at a global level, and recent developmental strategies. Some of the companies covered in the automotive transmission system market report are Aisin Seiki Co., Ltd., Renault SA, Continental AG, Magna International Inc., Eaton Corporation PLC, and Hyundai Motor Company.
The global automotive transmission system market is foreseen to expand at a stable CAGR, predominantly driven by the persistent demand for automotive components within flourishing emerging economies. Fact.MR, in a newly published study on the global automotive transmission system market, offers an extensive range of insights on the global scenario of the market for automotive transmission system. The report highlights that with surging demand for vehicles especially in developing regional markets will push the white space opportunities for automotive transmission system manufacturers – in terms of technological innovation and R&D of next-generation automotive transmission systems.
FACT.MR’s research intelligence outlook on the global automotive transmission system market begins with an executive summary, followed by the automotive transmission system market introduction and definition, key dynamics and opportunity assessment, insights on taxonomy categorizing the automotive transmission system market, and the competition tracking and analysis between 2017 and 2022.
Chapter 1: Executive Summary – Global Automotive Transmission System Market Report
This section of the report provides a quick summary of the newly released market research study on automotive transmission system by Fact.MR.
Chapter 2: Overview of Global Automotive Transmission System Market
The overview section of the global automotive transmission system market reports comprises three key sections – viz. market introduction, market sizing and forecast, and market dynamics. The introduction offers basic market definition and a quick glance at the taxonomy, whereas market sizing and forecast offers data points in terms of Y-o-Y growth during 2017-2022. Furthermore, the section of market dynamics analysis elaborates on the key dynamics, i.e. drivers, restraints, and trends influencing the performance of automotive transmission system market.
The next few sections of the report cover supply chain analysis, cost structure and pricing analysis, and raw material scenario assessment. The report then includes information on the region-wise presence of the key participants in automotive transmission system market, including distributors. The next part of the report entails competitive analysis and technology trends shaping the overall scenario of automotive transmission system market.
Chapters 3-6: Taxonomy Analysis and Forecast - Automotive Transmission System Market
This section of the global automotive transmission system market report classifies the global market for automotive transmission system by transmission type, vehicle type, fuel type, and region. The transmission type segment is further categorized into manual, automatic, dual clutch, automated, and continuously variable; whereas the vehicle type segment is classified as PC, LCV, and HCV.
On the basis of fuel type, the market has been bifurcated into gasoline and diesel, while based on the region, the report classifies the global automotive transmission system market into six key geographies – viz. North America, Latin America, Europe, Japan, APEJ, and MEA. FACT.MR analyzes each segment and sub-segment of automotive transmission system market in terms of revenue comparison, market share comparison, and Y-o-Y growth comparison.
Chapters 7-12: Regional and Country-wise Breakdown - Global Automotive Transmission System Market
This chapter of the report provides country-wise regional market breakdown, supporting each regional market data with accurately drawn insights through comprehensive research on the automotive transmission system market.
Chapter 13: Global Automotive Transmission System Market - Competition Landscape Analysis
Backed by authentically gathered information about the key financials, company profiles, product overview, and key developmental strategies, the report by Fact.MR uncovers the ins and outs of the entire competitive landscape of the global automotive transmission system market. This section of the report also offers SWOT analysis of each of the market participants, with an objective to enable participants in the global automotive transmission system space to gain the real-time bird’s eye view of the market and arrive at the decisive point to take their businesses to a new level of success.
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