An automatic transmission is a machine consisting of a power source and a power transmission system that provides a controlled application of power. Often the term shifting simply refers to a gearbox that uses gears and a gear train to provide speed and torque conversion from a rotating power source to another device.
China is the largest consumer of automotive transmissions and is expected to maintain a higher growth rate over the next five years due to the strong growth of the automotive industry. China has witnessed a significant portion of the production and consumption of automotive transmissions in the Asia Pacific region. In fact, this is why manufacturers typically have multiple plants close to their target demand market.
Automotive Transmission market size was US$ 109360 million and it is expected to reach US$ 130250 million by the end of 2026, with a CAGR of 2% during 2021-2027.
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The major companies include:
- Magna
- SAIC
- GM
- Chongqing Tsingshan
- Allison Transmission
- Continental
- Zhejiang Wanliyang
- Borgwarner
- Eaton Corporation
Segment by Type, the Automotive Transmission market is segmented into
- MT
- AT
- AMT
- CVT
- DCT
Segment by Application, the Automotive Transmission market is segmented into
- Passenger Vehicle
- Commercial Vehicle
A full report of Global Automotive Transmission Market is available at: https://www.orionmarketreports.com/automotive-transmission-market/24490/
Scope of the Report
The research study analyzes the global Automotive Transmission industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Transmission Market Report
1. What was the Automotive Transmission Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Transmission Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Transmission Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ https://www.orionmarketreports.com/inquiry-before-buying/?id=52179
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