Automotive Gear Shift Systems Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

The automotive gear shift systems market share is expected to increase by 21.59 million units from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.27%.

This automotive gear shift systems 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 gear shift systems market segmentation by transmission type (automatic transmission and manual transmission) and geography (APAC, Europe, North America, South America, and MEA). The automotive gear shift systems market report also offers information on several market vendors, including DURA Automotive Systems, Fuji Kiko Co. Ltd., GHSP, Jopp Holding GmbH, Kongsberg Automotive ASA, Panasonic Corp., Silatech Srl, KÜSTER Holding GmbH, Eissmann Automotive Deutschland GmbH, and ZF Friedrichshafen AG among others.

What will the Automotive Gear Shift Systems Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Automotive Gear Shift Systems Market Size for the Forecast Period and Other Important Statistics

 

Automotive Gear Shift Systems Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The use of automatic transmission vehicles is notably driving the automotive gear shift systems market growth, although factors such as a sharp decline in automobile production and sales 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 gear shift systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Gear Shift Systems Market Driver

One of the key factors driving the automotive gear shift systems market is the Use of automatic transmission vehicles. The majority of customers opt for automatic transmission systems in the premium and luxury vehicle segments. Furthermore, such systems are also gaining ground in smaller car segments. Vehicles geared with automatic transmission systems enable effortless driving. Moreover, automatic transmission systems have dominated the market in North America when compared to the EU and APAC. The preference for automatic transmission vehicles stems from higher purchasing power and cheap fuel in North America when compared to other parts of the world. In addition, automatic transmission systems are also gaining ground in the trucking industry, which has undergone several stages of evolution in terms of transmission systems. Commercial trucks, especially class 6, 7, and 8, are geared with automatic transmission systems, but automated manual transmission (AMT) is now becoming the norm. Therefore, the rising adoption of robust and efficient electronic control modules has now encouraged truck manufacturers to adapt automatic transmission systems into heavy-duty trucks. Such developments may drive the market for transmission dyno testing.

Key Automotive Gear Shift Systems Market Trend

The development of auto-shift manual transmission systems with adaptive transmission control is another factor supporting the automotive gear shift systems market growth in the forecast period. With advancements in technology, automatic transmission systems deliver smoother gear shifts and consume less fuel. The global automotive industry is witnessing innovative developments, such as auto shift manual transmission systems. Such systems provide the advantages of automatic transmission systems; they are also flexible and fuel efficient. They work on the principle of the shift-by-wire electronic control system, which completely removes the need for manual gear lever shifting. Such systems use the clutch for starting and stopping the vehicle. In addition, an automatic transmission control mechanism has been developed, which uses an onboard computer to gather information related to the driver's driving patterns and style to deliver optimum shift timing for superior performance. Thus, the development of auto-shift manual transmission systems with adaptive transmission control is expected to expand the product portfolio and help drive the market in the future.

Key Automotive Gear Shift Systems Market Challenge

The sharp decline in automobile production and sales will be a major challenge for the automotive gear shift systems market during the forecast period. Since 2018, the global automotive market is registering a slump in terms of sales and production, which is leading to a decline in the demand for several automotive components. The sales of light vehicles in the US dropped by about 3.1% from January-March 2019 compared with the same period in the previous year. Automotive production in Germany, UK, and China, among other countries, has been declining since 2017. China registered a decline of about 12.4% in automotive sales during the first half of 2019. Automotive production in other major automotive manufacturing countries, such as India, Japan, and the US, registered growth during 2017-2018. However, a slowdown in the growth rate of the sales of vehicles in 2019 is increasing the inventory cost for OEMs and compelling them to reduce or temporarily stop production. Such factors that adversely affect automotive sales and production are reducing the demand for automotive components and parts, such as automotive gear shift systems, in the global automotive market and are hampering the growth of the global automotive gear shift systems market.

 

This automotive gear shift systems 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 2021-2025.

Parent Market Analysis

Technavio categorizes the global automotive gear shift systems 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 gear shift systems market during the forecast period.

Who are the Major Automotive Gear Shift Systems Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• DURA Automotive Systems
• Fuji Kiko Co. Ltd.
• GHSP
• Jopp Holding GmbH
• Kongsberg Automotive ASA
• Panasonic Corp.
• Silatech Srl
• KÜSTER Holding GmbH
• Eissmann Automotive Deutschland GmbH
• ZF Friedrichshafen AG

 

This statistical study of the automotive gear shift systems market encompasses successful business strategies deployed by the key vendors. The automotive gear shift systems market is fragmented and the vendors are developing innovative designs of gear shift systems to compete in the market.

Product Insights and News

• DURA Automotive Systems - The company offers smart actuators, mechatronic actuators, and other products.

To make the most of the opportunities and recover from the 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 gear shift systems 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.

Automotive Gear Shift Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automotive gear shift systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains 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.

The value chain of the global automotive components and accessories market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Distribution and logistics
• Marketing and sales
• Service
• Industry innovations

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Automotive Gear Shift Systems Market?

For more insights on the market share of various regions Request a FREE sample now!

59% of the market's growth will originate from APAC during the forecast period. China, Japan, South Korea (Republic of Korea), and India are the key markets for automotive gear shift systems in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rising demand for automobiles and the need for advanced emission reduction systems will facilitate the automotive gear shift systems 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

The automotive gear shift systems market in APAC is witnessing certain challenges owing to the COVID-19 pandemic. The outbreak of COVID-19 has affected many countries in the region, such as China, India, South Korea, and Japan. Since early 2020, governments of many countries have been imposing nationwide lockdowns to prevent the community spread of the disease. The outbreak affected the economy of the region, supply chains, and the industrial and commercial sectors in 2020 and early 2021. The temporary closure of the automotive and transportation industries led to a decline in the use and installation of gear shift systems in automobiles, which will hinder the potential growth of the regional market during the forecast period. However, operations in various industries have been gradually resuming with limited capacity while maintaining social distancing norms, which is expected to stabilize the growth of the market in the region during the forecast period.

What are the Revenue-generating Transmission Type Segments in the Automotive Gear Shift Systems Market?

To gain further insights on the market contribution of various segments Request a FREE sample

The automotive gear shift systems market share growth in the automatic transmission segment will be significant during the forecast period. Automatic transmission technologies automate the process of shifting gears with limited or no human intervention. Automotive transmission systems can shift gears at programmed periods according to various parameters, such as road inclination, load, engine speed, and driver input. Vehicle makers have developed multiple variants of automatic transmission gear shift systems that enable drivers to shift gears easily. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive gear shift systems market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Automotive Gear Shift Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 5.27%
Market growth 2021-2025	21.59 million units
Market structure	Fragmented
YoY growth (%)	4.02
Regional analysis	APAC, Europe, North America, South America, and MEA
Performing market contribution	APAC at 59%
Key consumer countries	China, US, Japan, Germany, South Korea (Republic of Korea), and India
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	DURA Automotive Systems, Fuji Kiko Co. Ltd., GHSP, Jopp Holding GmbH, Kongsberg Automotive ASA, Panasonic Corp., Silatech Srl, KÜSTER Holding GmbH, Eissmann Automotive Deutschland GmbH, and ZF Friedrichshafen AG
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 the 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.

Request for a FREE sample

What are the Key Data Covered in this Automotive Gear Shift Systems Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive automotive gear shift systems market growth during the next five years
• Precise estimation of the automotive gear shift systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive gear shift systems industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive gear shift systems market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch