$10.5 Bn Advanced Gear Shifter System Market - Global Forecast to 2025
DUBLIN, July 25, 2018 /PRNewswire/ --
The "Advanced Gear Shifter System Market for Automotive by Technology (Automatic Shifter, Shift-by-Wire), Component (CAN Module, ECU, Solenoid Actuator), Vehicle Type (Light Duty Vehicles, Commercial Vehicles), EV Type & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global advanced gear shifter system market for automotive is estimated to be USD 10.51 billion in 2018 and is projected to grow at a CAGR of 3.64% during the forecast period, to reach USD 13.50 billion by 2025.
The key growth driver for the market is the increasing use of x-by-wire technology in the vehicle. The evolution of x-by-wire technology, which is an essential basic component of semi-autonomous and autonomous vehicles, can create new revenue generation opportunities for automotive advanced gear shifter system manufacturers. Currently, shift-by-wire technology is widely used in all classes of vehicles. The trend is expected to continue in the future.
The global advanced gear shifter system market for automotive is segmented by technology, component, vehicle, electric vehicle, and region. The report discusses two advanced gear shifter technologies for automotive, namely, automatic shifter and shift-by-wire. The shift-by-wire technology is estimated to account for the largest share of the market for automotive. The growth of this technology is driven by the increasing adoption of shift-by-wire in vehicles with automatic and semi-automatic transmission in developing economies.
The automatic shifter segment is estimated to be the fastest growing market for advanced gear shifter system market for automotive, by technology. Automatic shifter technology is mostly used in luxury and ultra-premium vehicles. The automatic shifter segment is estimated to experience significant growth due to the increased sales of luxury vehicles across the globe.
The CAN module segment is estimated to be the fastest growing market for advanced gear shifter system market for automotive, by component. CAN module is used for communication in modern vehicles. As vehicles are getting increasingly smart, the use of CAN module is also increasing day by day.
The light-duty vehicle segment is projected to be the largest market for advanced gear shifter system for automotive, by vehicle type. Advanced gear shifter technologies such as automatic shifter and shift-by-wire are extensively used in mid-size and economy class segments of light-duty vehicles. On the other hand, automatic shifters are used in luxury vehicles. Increasing sales of mid-size and luxury class vehicles is driving the growth of light-duty vehicle segment.
The extensive study has been done on five key regions, namely, Asia Pacific, Europe, North America, South America, and the Middle East & Africa.
Some of the major players in the global market for automotive are Dura Automotive (US), Ficosa (Spain), Kongsberg Automotive (Norway), and ZF (Germany).
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Product and Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency Exchange Rates
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.1.3 Sampling Techniques & Data Collection Methods
2.1.4 Primary Participants
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Advanced Gear Shifter System Market
4.2 Market, By Region
4.3 Market, By Technology
4.4 Market, By Vehicle Type
4.5 Market, By Component
4.6 Market, By Electric Vehicle
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of X-By-Wire Technology
5.2.1.2 Advantage of Accurate and Quick Responding Gear Actuation
5.2.2 Restraints
5.2.2.1 Less Reliability and More Complexity of an Advanced Shifter
5.2.3 Opportunities
5.2.3.1 Increasing Preference for Automatic & Hybrid Transmission in Developing Countries
5.2.3.2 Haptics Shifter in Future Vehicles
5.2.4 Challenges
5.2.4.1 Developing Automotive Industry in Emerging Markets
6 Advanced Gear Shifter System Market, By Technology
6.1 Introduction
6.2 Automatic Shifter
6.3 Shift-By-Wire (SBW)
7 Advanced Gear Shifter System Market, By Component
7.1 Introduction
7.2 Can Module
7.3 Electronic Control Unit (ECU)
7.4 Solenoid Actuator
7.5 Others
8 Advanced Gear Shifter System Market, By Vehicle Type
8.1 Introduction
8.2 Light-Duty Vehicles (LDV)
8.2.1 Economy Class
8.2.2 Mid-Size Class
8.2.3 Luxury Class
8.3 Commercial Vehicles (CV)
9 Advanced Gear Shifter System Market, By Electric Vehicle
9.1 Introduction
9.2 Battery Electric Vehicle (BEV)
9.3 Fuel Cell Electric Vehicle (FCEV)
9.4 Plug-In Hybrid Electric Vehicle (PHEV)
10 Advanced Gear Shifter System Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 South Korea
10.2.5 Rest of Asia Pacific
10.3 Europe
10.3.1 France
10.3.2 Germany
10.3.3 Italy
10.3.4 Russia
10.3.5 Spain
10.3.6 UK
10.3.7 Rest of Europe
10.4 North America
10.4.1 Canada
10.4.2 Mexico
10.4.3 US
10.5 South America
10.5.1 Argentina
10.5.2 Rest of South America
10.6 Middle East & Africa
10.6.1 Iran
10.6.2 South Africa
10.6.3 Rest of Middle East & Africa
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis
11.3 Competitive Situation & Trends
11.3.1 New Product Developments
11.3.2 Expansions
11.3.3 Mergers & Acquisitions
11.3.4 Partnerships/Supply Contracts/Collaborations/Joint Ventures
12 Company Profiles
12.1 ZF
12.2 Kongsberg Automotive
12.3 Stoneridge
12.4 Fuji Kiko
12.5 Dura
12.6 Ficosa
12.7 Kster
12.8 Kostal
12.9 GHSP
12.10 Orscheln Products
12.12 Eissmann Group Automotive
12.13 Silatech SRL
12.14 Atsumitec
12.15 Delta Kogyo
12.16 M&T Allied Technologies
For more information about this report visit https://www.researchandmarkets.com/research/2vpqtv/10_5_bn_advanced?w=5
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