Below are some of the key findings from automotive transmission housing market analysis report
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Global Automotive Transmission Housing Industry Outlook
Increasing the use of efficient transmission housing designs is one of the factors that will drive market growth during the forecast period. The global automotive industry is witnessing the integration of advanced manufacturing methods & techniques, which is leading to an efficient system or component designs. Transmission housing forms a standard part of a vehicle’s transmission system as it encloses several components. Thus, its design holds utmost importance for determining the vehicle dynamics. To characterize the driving dynamics of the vehicle, the weight and the size of the transmission housing can play a significant role. As a result, the vendors of the global automotive transmission housing market are increasingly making the use of advanced processes like 3D simulation techniques and the analysis procedures to manufacture transmission with high precision and cost-effective manner. These factors are eventually helping to develop efficient, lighter, and more rigid housing designs. With the continuous use of efficient transmission housing designs will increase the market volume and growth of the global market. Accordingly, the growing momentum of the automotive transmission housing market is expected to accelerate at a CAGR of almost 4% during the forecast period. However, the market’s growth momentum will decelerate in the coming years due to a decrease in year-over-year growth.
Top automotive transmission housing companies covered in this report
The global automotive transmission housing market is moderately fragmented. The market is in the growth by the end of the forecast period. This report covers a detailed insight into the applications offered by various leading companies which will help the clients to improve their revenue shares in this market. This automotive transmission housing market report also suggests strategies and recommends areas the companies should be focusing on for making the most of the upcoming growth opportunities.
The report covers detailed information about various leading companies, including:
- AISIN SEIKI
- American Axle & Manufacturing
- CIE Automotive
- Eaton
- Magna International
- ZF Friedrichshafen
Automotive transmission housing market segmentation based on application
- Passenger vehicles
- Commercial vehicles
The passenger vehicles segment accounted for the largest growth of the global automotive transmission housing market during 2018. The passenger vehicles segment will continue to dominate the market throughout the next five years.
Automotive transmission housing market segmentation based on geography
- APAC
- EMEA
- Americas
The APAC segment accounted for the largest automotive transmission housing market share during 2018. The region will witness an increase in its market share in the coming years and will dominate the market during the forecast period.
Key highlights of the global automotive transmission housing market for the forecast period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the global automotive transmission housing market during the next five years
- Precise estimation of the global automotive transmission housing market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the global automotive transmission housing industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of global automotive transmission housing companies
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