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Automotive Automatic Transmission Market To Expand At A Moderate CAGR Of 6% During The Forecast Period Of 2019-2023. High Demand For Automatic Vehicles To Propel The Growth Of The Global Automotive Automatic Transmission System Market. Global Automotive Automatic Transmission System Market by Type (AMT, CVT, DCT, DSG and Tiptronic Transmission), Fuel Type (Gasoline, Diesel and Hybrid), Vehicle Type (Passenger Cars, LCV and HCV) and Region Forecast Till 2023.The key players profiled by Market Research Future (MRFR) that are operating in the global automotive automatic transmission system market are Aisin Seiki Co., Ltd. (Japan), Allison Transmission (the U.S.), BorgWarner Inc. (the U.S.), Continental AG (Germany), Eaton Corporation PLC (Republic of Ireland), GETRAG (Germany), GKN PLC (the U.K.), JATCO Ltd. (Japan), Magna International Inc. (Canada), and ZF Friedrichshafen AG (Germany).
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Global Automotive Automatic Transmission System Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the global automotive automatic transmission system market is marked to exhibit moderate expansion at a CAGR of 6% during the forecast period of 2017-2023. Automatic transmission system aids in transmitting power from engine to wheels by automatically changing gear ratios. High demand for automobiles that do not require manual shifting of gear and increasing utilization of automatic electric vehicles are majorly fueling the growth of the global automotive automatic transmission system market during the assessment period. Increased production of automobiles as a result of rapid expansion of the automotive industry is also propelling the growth of the global automotive automatic transmission system market during the forecast period.
Global Automotive Automatic Transmission System Market: Segmental Analysis
The global market for automotive automatic transmission system has been segmented on the basis of type, fuel type, and vehicle type. Based on type, the global automotive automatic transmission system market has been segmented into the automated manual transmission (AMT), continuously variable transmission (CVT), and dual-Clutch transmission (DCT). Based on fuel type, the global automotive automatic transmission system market has been segmented into diesel, gasoline, and hybrid. Based on vehicle type, the global automotive automatic transmission system market has been segmented into the light commercial vehicle (LCV), heavy commercial vehicle (HCV), and a passenger car.
Global Automotive Automatic Transmission System Market: Regional Analysis
geographically, the global automotive automatic transmission system market has been segmented into four regions such as Asia Pacific (APAC), Europe, North America and the rest of the world. The North America region commands the maximum share of the global automotive automatic transmission system market owing to the high demand for automobiles that are equipped with automatic transmission systems, rapid expansion of the automotive industry, rise in demand for electric vehicles due to increased environmental awareness and stringent regulatory framework for improving vehicle safety and fuel efficiency in this region. Increased production of automobiles, expansion of the automotive industry, and increased demand for passenger and commercial vehicles are propelling the growth of the automotive automatic transmission system market in the Asia Pacific region.
Global Automotive Automatic Transmission System Market: Industry Updates
In October 2018, Allison Transmission, an American manufacturer of hybrid propulsion systems and commercial duty automatic transmissions, has announced that it has begun the production of 1000 Series and 2000 Series fully automatic transmission systems that are specifically designed for Chevrolet s Silverado 4500HD/5500HD/6500HD medium-duty trucks.
In June 2018, ZF, a German car parts maker, has announced the launch of new electrified automated manual transmission (eAMT) technology that is developed from the hybridization of front-transverse vehicles. This technology integrates an automated manual transmission (AMT) and the company's electric axle drive system (eVD) into one system.
The players in the global automotive automatic transmission system market are focusing on launching advanced and high-quality products in order to expand their businesses in the global market. Strategic mergers and acquisitions are some of the initiatives that are aiding these players in sustaining the competition in the global automotive automatic transmission system market.
Table Of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain
5 Industry Overview
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
Continued
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Website: https://www.marketresearchfuture.com/reports/automatic-transmission-market-1826
Release ID: 486976
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