NEW YORK, July 15, 2015 /PRNewswire/ -- Transmission systems transfer the required amount of torque from the engine to the driven wheels in a vehicle through multiple gear ratios. It utilizes a clutch, which can be operated either manually or automatically, and gears to provide an optimum delivery of the power generated from an engine. The power transmission differs according to the speed of the vehicle through different ratios. It utilizes higher ratios for low speeds that offer better control and acceleration.
This report covers the global automotive transmission market and broadly segments this market by region into Asia-Oceania, Europe, North America, and RoW, focusing on key countries in each region. The market is further segmented by transmission type into Manual Transmission (MT), Automatic Transmission (AT), Automated Manual Transmission (AMT), Dual Clutch Transmission (DCT), and Continuously Variable Transmission (CVT); by vehicle type, into Passenger Cars (PC), Light Commercial Vehicles (LCV), and Heavy Commercial Vehicles (HCV); by fuel type, into gasoline, diesel, and hybrid; and by number of forward gears, into below 5, 5 to 6, 7 to 8, 9 to 10, and above 10.
The global automotive transmission market size, in terms of volume, is projected to reach 122,968.5 thousand units by 2020, at a CAGR of 5.51% between 2015 and 2020. The largest contributing region, Asia-Oceania, is anticipated to grow at a CAGR of 5.80% during the forecast period.
Changing consumer needs, such as better vehicle performance requirements, improved fuel economy, enhanced driving experience, and greater power requirements have led to tremendous changes and developments in transmission systems, giving rise to dual-clutch and continuously variable transmission systems. While fuel efficiency is the major driver for the growth of new technologies, other factors, such as customers' demand of comfort, driving habits, and initial cost are also affecting the market growth. On the other hand, in order to meet stringent carbon emission norms and to reduce transmission power response time, automakers and suppliers are investing heavily in the research & development activities to improve vehicle performance, which is also helping the improvement of transmission systems.
This report classifies and defines the global automotive transmission market. It also provides qualitative insights about the automotive transmission market. It provides an analysis of the drivers, restraints, opportunities, challenges, and the key issues in the global automotive transmission market. The key players in the market have also been identified and profiled. The report also provides qualitative insights about the off-highway and two wheeler transmission system.
SCOPE OF THE REPORT
The global automotive transmission market is analyzed in terms of volume ('000 units) and value ($million) for the mentioned segments.
- By Region
o North America
- By Type
- By Number of Forward Gears
o Below 5
o 5 to 6
o 7 to 8
o 9 to 10
o Above 10
- By Vehicle Type
o Passenger Car
- By Fuel Type
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