PUBLISHER: TechNavio | PRODUCT CODE: 1419719
PUBLISHER: TechNavio | PRODUCT CODE: 1419719
The motorsport transmission market is forecasted to grow by USD 77.91 mn during 2023-2028, accelerating at a CAGR of 3.33% during the forecast period. The report on the motorsport transmission market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by significant investments by sponsors, regulation on common transmission models expected to reduce manufacturing costs, and social media driving enthusiasm.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.17% |
CAGR | 3.33% |
Incremental Value | $77.91mn |
Technavio's motorsport transmission market is segmented as below:
By Type
By Application
By Geographical Landscape
This study identifies the increasing number of electric car racing as one of the prime reasons driving the motorsport transmission market growth during the next few years. Also, the evolution of Formula E and use of big data analytics in motorsport transmission will lead to sizable demand in the market.
The report on the motorsport transmission market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading motorsport transmission market vendors include Beagle Engineering Ltd., Hewland Engineering Ltd., Holinger, Motor Sport Transmissions, Ricardo Plc, RT Quaife Engineering Ltd., SADEV, Tractive AB, Xtrac Ltd., and ZF Friedrichshafen AG. Also, the motorsport transmission market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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