Lucintel’s latest market report analyzed that automotive transmission provides attractive opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The automotive transmission market is expected to reach $679.9 billion by 2028 with a CAGR of 14%. In this market, automatic transmission is the largest segment by transmission type. The introduction of more efficient automatic transmission and increasing demand for hybrid and dual clutch transmission provides strategic growth path in this market.
Based on transmission type, the automotive transmission market is segmented into Automatic and Manual. The automatic transmission segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to ease of operation and low maintenance cost which is driving the automatic transmission market.
Browse in-depth TOC on “Automotive Transmission Market”
72 – Tables
108 – Figures
256 – Pages
The Automotive Transmission Market is marked by the presence of several big and small players. Some of the prominent players offering automotive transmission include Aisin Seiki, Robert Bosch, ZF Friedrichshafen, Continental, Magna, Eaton Corporation, GKN, Jatco, BorgWarner, Schaeffler.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
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