Automotive Transmission Market by Type, Vehicle

Description

List of Tables

[186 Pages Report] The Automotive Transmission Market size was estimated at USD 69.08 billion in 2023 and expected to reach USD 73.25 billion in 2024, at a CAGR 6.43% to reach USD 106.87 billion by 2030.

An automotive transmission, known as a gearbox, is a vital component of a vehicle's drivetrain tasked with directing power from the engine to the wheels, thereby enabling the vehicle to move. The transmission ensures that the engine operates within an optimal performance range while adapting to various driving conditions, such as acceleration, cruising, and climbing hills. The growing electric vehicle adoption introduces demand for new transmission designs, such as single-speed transmissions specific to EVs. In addition, stringent emission norms worldwide are pushing OEMs to design more efficient transmission systems. However, the increasing complexity of modern transmissions can raise manufacturing costs and time. Furthermore, exploring lightweight and high-strength materials for transmission components to improve efficiency and performance create strong opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 69.08 billion
Estimated Year [2024]	USD 73.25 billion
Forecast Year [2030]	USD 106.87 billion
CAGR (%)	6.43%

Type: Increasing preference of continuous variable transmission for smooth acceleration

Automatic transmissions allow the vehicle to change gear ratios automatically as it moves, freeing the driver from manual shifting. The technology ensures optimal performance and fuel efficiency. Continuous variable transmission offers a seamless, continuous flow of power through an unlimited range of effective gear ratios, providing a smooth driving experience. Dual clutch transmission combines the efficiency and performance of manual transmissions with the comfort of automatic systems. They utilize two separate clutches for odd and even gear sets. Manual transmission requires the driver to shift gears using a clutch pedal and a shift lever. It is the oldest type of transmission system in automotive.

Vehicle: Growing significance of manual and automated manual transmissions in commercial vehicles

Commercial vehicles predominantly consist of trucks, buses, and coaches used for business and industrial purposes. The need-based preference in this segment gravitates toward durability, fuel efficiency, and adaptability to heavy loads and varying road conditions, driving demand for advanced and robust transmission systems. Passenger vehicles include cars, SUVs, and minivans focused on comfort, fuel efficiency, and driving experience. The preference within this segment is increasingly shifting towards automatic transmissions (ATs), including CVTs (Continuously Variable Transmissions) and DCTs (Dual Clutch Transmissions), for their ease of use and fuel economy benefits.

Regional Insights

The Americas, particularly the United States, and Canada display diverse automotive transmission preferences. While automatic transmissions dominate the United States market, there is an increasing interest in manual transmissions in Canada due to their cost-effectiveness and fuel efficiency. The United States market is characterized by a strong preference for automatic transmissions, with significant advancements in continuously variable transmissions (CVT) and dual-clutch transmissions (DCT) technologies. Europe is at the forefront of adopting environmental regulations, which has led to an augmented demand for efficient and sustainable transmission systems. The focus is on developing lightweight and compact transmissions that reduce CO2 emissions. The Asia Pacific region, particularly China, Japan, and India, is a significant region in the global automotive transmission market. This region's growth is fueled by increased vehicle production and the adoption of new technologies. Consumers in the Asia Pacific are increasingly leaning towards fuel-efficient and low-emission vehicles, which has led to a surge in demand for advanced transmission systems.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Transmission Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Transmission Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive Transmission Market, highlighting leading vendors and their innovative profiles. These include Aisin Corporation, Allison Transmission, Inc., AVTEC Limited, BorgWarner Inc., Continental AG, Eaton Corporation PLC, Ford Motor Company, General Motors Company, GKN Automotive Limited by Melrose PLC, Grupo Kuo Sab De Cv, HYUNDAI TRANSYS Co., Ltd., Iveco Group N.V., JATCO Ltd. by Nissan Motor Co. Ltd., Magna International Inc., Mercedes-Benz Group AG, NSK Ltd., Oerlikon Management AG, Robert Bosch GmbH, Schaeffler AG, Valeo Group, Vitesco Tech, Volkswagen AG, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Automotive Transmission Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Automatic Transmission
- Continuous Variable Transmission
- Dual Clutch Transmission
- Manual Transmission

Vehicle
- Commercial Vehicle
- Passenger Vehicle

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive Transmission Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Transmission Market?

3. What are the technology trends and regulatory frameworks in the Automotive Transmission Market?

4. What is the market share of the leading vendors in the Automotive Transmission Market?

5. Which modes and strategic moves are suitable for entering the Automotive Transmission Market?

Product Code: MRR-437D45957ACB

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for lightweight automotive transmission systems
  - 5.1.1.2. Growing proclivity for better driving experience and smooth gear shifting
  - 5.1.1.3. Adoption of advanced systems such as automated manual transmission (AMT) with reduced CO2 emissions
- 5.1.2. Restraints
  - 5.1.2.1. Volatility in raw material price and high cost of advanced automation transmission systems
- 5.1.3. Opportunities
  - 5.1.3.1. Rising demand for electric and hybrid vehicles
  - 5.1.3.2. Technological advances and adoption of CVT and DCT technologies
- 5.1.4. Challenges
  - 5.1.4.1. Concerns regarding high energy required for working of the transmission system
5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing preference of continuous variable transmission for smooth acceleration
- 5.2.2. Vehicle: Growing significance of manual and automated manual transmissions in commercial vehicles
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive Transmission Market, by Type

6.1. Introduction
6.2. Automatic Transmission
6.3. Continuous Variable Transmission
6.4. Dual Clutch Transmission
6.5. Manual Transmission

7. Automotive Transmission Market, by Vehicle

7.1. Introduction
7.2. Commercial Vehicle
7.3. Passenger Vehicle

8. Americas Automotive Transmission Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Automotive Transmission Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Automotive Transmission Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Allison Transmission Forms Strategic Partnership with SANY to Provide Transmissions for Mining Vehicles
- 11.3.2. CenterGate Capital Announces Partnership with TransGo, Provider of Aftermarket Transmission Parts
- 11.3.3. ZF Group announces plans to extend the local production of transmissions and axles in Coimbatore
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio