DUBLIN, Dec 15, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global AMT Transmission Market for Commercial Vehicles 2016-2020" report to their offering.
The report forecasts the global automated manual transmission market in commercial vehicles to grow at a CAGR of 9.53% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global automated manual transmission market in commercial vehicles for 2016-2020. To calculate the market size, the report considers the total units of commercial vehicles in the medium and heavy segments equipped with AMT technology.
The ease of driving AMT vehicles and the increased safety of the driver provided by the system is shifting consumer preference from manual transmissions to AMT systems. Currently, 80% of HCVs have manual transmissions. OEMs are expanding their product base into AMT commercial vehicles. There is a substantial drop in accidents from the fleet as drivers can concentrate on traffic instead of doing a gear change.
According to the report, the global demand for fuel-efficient transmission systems in commercial vehicles from OEMs is increasing. Fuel consumption is one of the highest operating costs for commercial vehicles serving the world economies. 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. AMTs provide 5%-8% miles per gallon savings compared with manual transmissions subject to the kind of usage of vehicles and drivers driving skills.
Further, the report states that AMT systems can be installed in the existing transmission systems, but it is 3000$-5000$ costlier than automatic transmissions, which increases the total cost of the vehicles. Automotive component manufacturers need huge investments to expand their existing portfolio to provide AMT systems.
- ZF Friedrichshafen
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Key Vendor Analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wplrk7/global_amt
Research and Markets
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SOURCE Research and Markets