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.
Fact.MR’s latest forecast study projects that the global automotive automatic transmission market will expand robustly during the assessment period, 2017-2026.
According to the study, the global automotive automatic transmission market will expand at a value CAGR of 8.8% over the forecast period.
By the end of 2026, more than 19,200,000 units of automatic transmissions will be sold across the automotive industry worldwide.
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.
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.
Know More Details About the Report
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
- 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.
Automotive Automatic Transmission Market Scope Of The Report
Immense comfort offered by the automotive automatic transmission systems along with their provision of convenience to individuals new to driving vehicles has created a surge in their demand in the automotive industry.
With expansion of the overall automotive sector, in tandem with discretionary income of people around the world, demand for vehicles equipped with automatic transmission will witness a tremendous rise in the near future.
This Fact.MR report discusses key prospects for growth of global automotive automatic transmission market during the forecast period, 2017-2026, offering pragmatic insights to lead market players towards devising & implementing informed strategies.
The scope of the report is to analyze the global automotive automatic transmission market for the period 2017-2026 and give readers an accurate, unbiased analysis.
Automotive automatic transmission manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report.
The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
The report begins with a concise summary of the global automotive automatic transmission market.
This executive summary sets the tone for the rest of the report, giving users the scope of the report.
The executive summary includes important facts and statistics on the global automotive automatic transmission market.
The next section is an overview of the global automotive automatic transmission market.
This includes the introduction to the market and a standard definition of the product – automotive automatic transmission. In this section, year-over-year growth and market value is offered to readers.
Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.
The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive automatic transmission market.
Considering the interconnectedness of the automotive automatic transmission market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.
In a bid to keep readers up-to-date on the latest developments in the global automotive automatic transmission market, the report offers readers a roundup of the latest trends impacting the market.
As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies.
Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.
Considering the broad scope of global automotive automatic transmission market, the report includes a segment-wise analysis and forecast.
The global automotive automatic transmission market is segmented into vehicle type, and region.
Through this section, the report offers an in-depth country-wise forecast on every parameter associated with automotive automatic transmission.
The concluding section of the report profiles companies operating in the global automotive automatic transmission market.
Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section.
The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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