The Automotive-transmission-systems-market is expected to grow at a significant CAGR in the period from 2021 to 2027. The market is being driven by a growth in the number of passenger cars and light commercial vehicles, as well as a growing need for fuel-efficient vehicles and a customer desire for a pleasant driving experience. Furthermore, the market’s expansion has been fuelled by strict regulatory requirements, particularly in Europe. The expensive cost of modern transmission systems, on the other hand, is a key impediment to market expansion. The transmission system is the device that transfers the power generated by an automobile’s engine to the driving wheels. The clutch, gearbox, propeller shaft, rear axle, and wheels make up the vehicle transmission system.
The better driving experience, which includes smooth gear shifting and improved acceleration, has led to a growth in car manufacturing in emerging countries such as China, India, and Brazil.
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A full report of Global Automotive transmission systems Market is available at: https://www.orionmarketreports.com/automotive-transmission-systems-market/58044/
The following Segmentation are covered in this report:
By Transmission Type
- Manual transmission
- Automatic transmission
- Automated manual transmission
- Dual clutch transmission
- Continuously variable transmission
By Vehicle Type
- Passenger Cars
- LCVs
- HCVs
By Transmission Type
- Automatic transmission
- Manual transmission
By Fuel Type
- Gasoline
- Diesel
By Number of Forward Gears
- less than 5
- 5 – 6
- 7 – 8
- 9 – 10
- above 10
By Electric Vehicle Type
- HEV
- PHEV
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive transmission systems Market.
- The market share of the global Automotive transmission systems Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive transmission systems Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive transmission systems Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
