Global AMT Market in Commercial Vehicles 2016-2020

Overview of the global AMT transmission market for commercial vehicles

The global AMT transmission market for commercial vehicles is anticipated to grow at a steady rate and will post a CAGR of more than 9% during the forecast period. The growing demand for fuel-efficient transmission systems will drive the growth prospects for the global AMT transmission market for commercial vehicles during the forecast period. Transmission systems are the main units in vehicles that help in fuel efficiency, and the AMT system is effective in providing the right gear at the right time. Furthermore, manual transmissions drivers who hold a gear for long while climbing or descending grades will consume more fuel. However, since even inexperienced drivers can ride the vehicle without affecting the fuel consumption much, the AMT is highly useful for original equipment manufacturers (OEMs). As a result, AMT eliminates the driver behavioral impact on the vehicle. However, efforts taken to educate these drivers on AMT technology will improvise the efficiency in the coming years. Also, since AMT technology provides an optimal balance between the cost and fuel economy of the vehicles, it eventually results in the market’s growth.

The rapid adoption of automated transmission technology will fuel the growth prospects for the market until the end of 2020. Currently, it has been noted that there is an increasing shift from mechanical to automated driving systems. However, to attain sustainability, OEMs are focusing on providing customers with new driving experience by synchronizing the gear and engine components. Moreover, AMT accounts for the higher growth rate in comparison to manual and automatic transmissions.

Competitive landscape and key vendors

The global AMT market witnesses a moderate competitive environment due to the presence of a limited number of well-established vendors that are operating in the market. Also, major vendors are currently focusing on growing their customer base and increasing their investments in R&D to expand their market share. Furthermore, with the increasing technological advancements, the competitive environment in the market is expected to intensify in the coming years.

Key vendors in this market are: 

• WABCO
• ZF Friedrichshafen
• Eaton
• Volvo Trucks
• Detroit Diesel

Other prominent vendors in the market include Shaanxi Fast Auto Drive, Allison Transmission, and Mack Trucks.

Segmentation by application and analysis of the AMT transmission market for commercial vehicles

• HCV
• MCV

The heavy commercial vehicle (HCV) accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the growth in the market’s segment is the increasing growth in the construction industry. Also, it is expected that HCVs will account for a rapid growth during 2015-2020 because of the increasing freight movements.

Segmentation by geography and analysis of the AMT transmission market for commercial vehicles

• Americas
• APAC
• EMEA

In terms of geography, EMEA accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors contributing to the market’s growth in the region is the increasingly stringent regulations on emissions from commercial vehicles that made it mandatory for OEMs to adopt AMT system in their vehicles.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global AMT transmission market for commercial vehicles?
• What are the key market trends impacting the growth of the global AMT transmission market for commercial vehicles?
• What are the challenges to market growth?
• Who are the key vendors in the global AMT transmission market for commercial vehicles?
• What are the market opportunities and threats faced by the vendors in the global AMT transmission market for commercial vehicles?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global AMT transmission market for commercial vehicles?

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