Enjoy complimentary customisation on priority with our Enterprise License!
The automotive automatic transmission (AT) market share is expected to increase to 19250.34 thousand units from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.72%.
This automotive automatic transmission (AT) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive automatic transmission (AT) market segmentations by type (hydraulic AT, CVT, and DCT), vehicle type (passenger cars and commercial vehicles), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The automotive automatic transmission (AT) market report also offers information on several market vendors, including Aisin Corp., Allison Transmission Holdings Inc., AVL List GmbH, BorgWarner Inc., Eaton Corp. Plc, EXEDY Corp., Grupo KUO SAB de CV, Hyundai Transys, Magna International Inc., NSK Ltd., OC Oerlikon Corp. AG, Porsche Automobil Holding SE, Renault sas, Schaeffler AG, Valeo SA, Voith GmbH and Co. KGaA, WeiChai Holding Group Co. Ltd., Xtrac Ltd., ZF Friedrichshafen AG, and Aviation Industry Corp. of China Ltd. among others.
Download the Free Report Sample to Unlock the Automotive Automatic Transmission (AT) Market Size for the Forecast Period and Other Important Statistics
"The high-speed automatic transmission segment will account for the highest share of the global automotive high-speed transmission market because of the tried and tested technology."
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The technological developments in AT leading to fuel-efficient engines is notably driving the automotive automatic transmission (AT) market growth, although factors such as the declining use of DCT in the US market may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive automatic transmission (AT) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Automotive Automatic Transmission (AT) Market Driver
The technological developments in AT leading to fuel-efficient engines is one of the key drivers supporting the automotive automatic transmission (AT) market growth. OEMs are now focusing on improving transmission designs to comply with the norms implemented by regulatory bodies across different countries in the world. Meanwhile, CVTs are improving by delivering better gear shifts with improved fuel efficiency. They also consume less fuel as they are lighter and more compact than standard AT and MT systems. As there are no gears in a CVT transmission system, the engine speed can be changed to harness greater power. In addition, CVT provides quicker acceleration than conventional AT or MT systems. Such advantages of CVT will drive the automotive AT market growth during the forecast period.
Key Automotive Automatic Transmission (AT) Market Trend
The development of auto-shift MT system with adaptive transmission control is one of the key automotive AT market trends contributing to market growth. Primarily, the auto-shift MT system works on the principle of Shift by wire electronic control system, which completely removes the manual gear lever shifting, allowing the driver to keep both hands on the steering wheel. The system basically uses the clutch to start and stop the vehicle, and when the vehicle is in motion. Furthermore, an AT control mechanism that uses an onboard computer to gather information related to the driver's driving pattern and style has been developed, thereby aiding in delivering optimum shift timing for superior performance. Hence, such development will augment the growth of the global automotive AT market during the forecast period.
Key Automotive Automatic Transmission (AT) Market Challenge
The declining use of DCT in the US is one of the factors hampering the automotive AT market growth. There was a time when DCT was highly popular when it entered the US market owing to its better fuel efficiency and faster gear shifts. However, growing issues related to system efficiency and quality of products have led to DCT's downfall in the US automotive market. Further, US consumers are now not able to adapt to a DCT from a manual or AT. In some cases, proper engagement of the gear teeth is also an issue. Hence, the unpleasant experiences with DCT by the US consumers may hinder the growth of the global DCT system market, which in turn will hamper the growth of the global automotive automatic transmission market during the forecast period.
This automotive automatic transmission (AT) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global automotive automatic transmission (AT) market as a part of the global automotive components and accessories market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive automatic transmission (AT) market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the automotive automatic transmission market encompasses successful business strategies deployed by the key vendors. The automotive automatic transmission market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The automotive automatic transmission (AT) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the automotive automatic transmission market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
52% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea are the key markets for the automotive automatic transmission (AT) market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Improving economic conditions and the evolving automotive industry will facilitate the automotive automatic transmission (AT) market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the regional market witnessed a significant decline in revenue, owing to the outbreak of the COVID-19 pandemic. However, the lifting of lockdowns and proliferation of vaccines stabilized the growth of the market in 2021. Moreover, rising demand for vehicles and investments by major automobile companies in the region will augment the growth of the automotive AT market in APAC during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The automotive automatic transmission (AT) market share growth by the hydraulic AT segment will be significant during the forecast period. Modern cars using hydraulic AT systems use sensor-based technology to monitor and detect the throttle position, engine speed, vehicle speed, and load correctly. This has made hydraulic transmission systems more efficient in terms of gear shifts and fuel consumption. Moreover, increasing sales of passenger cars and the rising trend of using light commercial vehicles across developed and developing countries across the globe are expected to propel the growth of the hydraulic AT segment of the global automotive AT transmission market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive automatic transmission market size and actionable market insights on post COVID-19 impact on each segment.
|
Automotive Automatic Transmission (AT) Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 6.72% |
|
Market growth 2022-2026 |
19250.34 th units |
|
Market structure |
Fragmented |
|
YoY growth (%) |
5.92 |
|
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
|
Performing market contribution |
APAC at 52% |
|
Key consumer countries |
US, China, Japan, South Korea, and Germany |
|
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
|
Key companies profiled |
Aisin Corp., Allison Transmission Holdings Inc., AVL List GmbH, BorgWarner Inc., Eaton Corp. Plc, EXEDY Corp., Grupo KUO SAB de CV, Hyundai Transys, Magna International Inc., NSK Ltd., OC Oerlikon Corp. AG, Porsche Automobil Holding SE, Renault sas, Schaeffler AG, Valeo SA, Voith GmbH and Co. KGaA, WeiChai Holding Group Co. Ltd., Xtrac Ltd., ZF Friedrichshafen AG, and Aviation Industry Corp. of China Ltd. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Market Segmentation by Vehicle Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
