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

The automotive transmission systems market share is expected to increase by USD 49.88 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 6%.

This automotive transmission 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 market segmentation by type (passenger cars and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA). The automotive transmission systems market report also offers information on several market vendors, including Aisin Seiki Co. Ltd., Eaton Corporation Plc, Grupo KUO SAB de CV, Hyundai Transys Inc., JATCO Ltd., Magna International Inc., Volkswagen AG, WeiChai Holding Group Co. Ltd., Xtrac Ltd., and ZF Friedrichshafen AG, among others.

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

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

Automotive Transmission Systems Market: Key Drivers and Challenges

Based on our research output, there has been a negative impact on the market growth during and post the COVID-19 era. The growing adoption of automatic transmission in vehicles is notably driving the automotive transmission systems market growth, although factors such as declining global automobile production may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the automotive transmission systems market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Transmission Systems Market Driver

Automatic transmission vehicles, especially passenger cars, are gaining traction in many parts of the world. The penetration of automatic transmission systems has expanded from premium and luxury vehicle segments to the budget car segment. Automatic transmission systems fitted in vehicles enable effortless driving. Congested, stop-and-go traffic conditions in urban areas worldwide are encouraging customers to opt for vehicles with automatic transmission. The technology eliminates the use of clutch and gearshifts, which, in turn, leads to less driving fatigue, which, in turn, will lead to market growth. 

Key Automotive Transmission Systems Market Challenge

Global automotive production has been witnessing a decline over the past three years. This decline is the first of its kind in the past decade. Unlike the decline in automotive production in 2008-2009, when the liquidity crunch triggered by the global recession affected the sales and production of vehicles, this decline in automotive production is fueled by the shrinking sales of vehicles in many key automotive markets. Strong headwinds triggered by the temporary shutting down of manufacturing facilities and ongoing disruptions in global supply chains have been affecting automotive production in all key regions. This slump has, in turn, adversely affected the demand for automotive transmission among automakers. 

This automotive transmission 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.

Who are the Major Automotive Transmission Systems Market Vendors?

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

• Aisin Seiki Co. Ltd.
• Eaton Corporation Plc
• Grupo KUO SAB de CV
• Hyundai Transys Inc.
• JATCO Ltd.
• Magna International Inc.
• Volkswagen AG
• WeiChai Holding Group Co. Ltd.
• Xtrac Ltd.
• ZF Friedrichshafen AG

This statistical study of the automotive transmission systems market encompasses successful business strategies deployed by the key vendors. The automotive transmission systems market is concentrated, and the vendors are deploying growth strategies such as mergers and acquisitions and strategic partnerships to compete in the market.

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 transmission 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. 

Which are the Key Regions for Automotive Transmission Systems Market?

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

58% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for automotive transmission systems in APAC. Market growth in this region will be faster than the growth of the market in all other regions.

Technological advancements have now allowed vendors to develop automatic transmission systems that have advanced electronics, which allow onboard computers to change gears automatically to reduce the load on the engine. Such automatic and semi-automatic transmission systems offer a fuel efficiency that is comparable to manual transmission systems. Since automobile manufacturers are showing more inclination for such transmission systems, the growth of the automotive transmission systems market is expected to be strong in APAC during 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.

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

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

The automotive transmission systems market's growth share by the passenger car segment will be significant during the forecast period. 

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

Request for a FREE sample

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

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive the automotive transmission systems market's growth during the next five years
• Precise estimation of the automotive transmission systems market's size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive transmission 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 the automotive transmission systems market's vendors

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