Automotive Transmission System Market Forecast Covering Growth Inclinations & Development Strategies
Towards the end of 2022, FACT.MR expects the global automotive transmission system market to exceed the value worth US$ 40 Bn, of which over 35% share is presumed to be held by APEJ automotive transmission system market.
[UKPRwire, Thu Nov 01 2018] Prevailing demand for low range and medium range automobiles among consumers based in emerging economies has been a strong factor providing the impetus to the growth of automotive transmission system market over the past couple of decades. With fostering vehicle electrification and frequent launch of next-gen vehicles in the automotive space, it is most likely that the sales of fully or semi-automatic automotive transmission system will witness steady growth over the next few years.
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Moreover, governments across the globe are contributing a massive share in fueling expansion of automotive transmission system market. By setting stricter regulatory norms regarding vehicular emission control, governments are compelling a growing number of automakers and technology leaders to bring electrification and fuel efficiency to bear. According to a new study on the global market for automotive transmission system, Fact.MR reveals this as among the most impactful factors pushing the revenue sales of automotive transmission system.
While the development and implementation of regulatory frameworks revolves around optimum fuel efficiency and emission control, Fact.MR anticipates the global market for automotive transmission system to gather promising pace in the near future. A recent publication by Fact.MR forecasts 5% CAGR for the global automotive transmission system market over 2017-2022, driving the revenue in excess of US$ 40 Bn by 2022 end.
Uncontested dominance of passenger vehicles over LCVs, HCVs, and other commercial vehicle types in terms of revenue is presumed to account for over 65% share of the total value represented by the global automotive transmission system market towards to end of forecast period.
Top-of-the-line Demand for Manual Automotive Transmission System to Persist in Emerging Asian Economies
While manufacturers of manual automotive transmission system have been targeting the cost-conscious customer in developing Asian economies, evidently growing sales of automatic automotive transmission systems are quite promising. Severe traffic congestion scenario in urban areas will continue to worsen over the next few years, thereby pushing the demand for automatic automotive transmission systems such as dual clutch and CVTs. However, this does not translate to the dooming performance of manual automotive transmission system. Higher fuel efficiency and affordable pricing of manual automotive transmission system over its automated and automatic variants is likely to enable it to forge ahead at a steady pace through 2022.
Booming Significance of Fuel Efficiency to Pave the Way for Design Innovation in Automotive Transmission System Market
As the focus on fuel efficiency is spiraling over the time, the demand for electrification of vehicles is also elevating. With hybrid EVs, battery-powered vehicles, and fuel cell EVs estimated for decently growing demand with ascending sustainability quotient, new development and design possibilities are likely to bring in a slew of innovations specific to automotive transmission systems. As automotive transmission system makes up the heaviest part of the entire powertrain system, it is most likely that the automotive transmission system space will witness design innovations targeting reduced weight of the automotive transmission system suitable for lightweight and eventually fuel efficient vehicles.
Fact.MR’s study on Automotive Transmission System Market is comprehensive – 170 pages, 221 tables, and 69
Fact.MR’s Report on Automotive Transmission System Market Provides Answers to Additional Questions -
- How could the precise impact of elevating adoption of automatic and automated automotive transmission system be interpreted on the long-term performance of manual automotive transmission system?
- What are the factors that can potentially uplift the adoption of automotive transmission system within the HCV and commercial vehicle segments?
- What product differentiation strategies are likely to trigger strong competition in the automotive transmission system market landscape?
Competition Analysis: Global Automotive Transmission System Market
In the wake of escalating demand for high speed automotive transmission system, several leading manufacturers in the global automotive transmission system landscape are investing in R&D of new technological models. Fact.MR provides exhaustive insights on the competitive landscape of the global automotive transmission system market that includes the key company profiles, their market shares, brand positions at a global level, and recent developmental strategies. Some of the companies covered in the automotive transmission system market report are Aisin Seiki Co., Ltd., Renault SA, Continental AG, Magna International Inc., Eaton Corporation PLC, and Hyundai Motor Company.
Table of Content:
Chapter 1. Global Automotive Fog Light Market - Executive Summary. 28
Chapter 2. Global Automotive Fog Light Market Overview. 30
2.1. Introduction. 30
2.1.1. Global Automotive Fog Light Market Taxonomy. 30
2.1.2. Global Automotive Fog Light Market Definition. 30
2.2. Global Automotive Fog Light Market Size (US$ Mn) and Forecast, 2012-2022. 31
2.2.1. Global Automotive Fog Light Market Y-o-Y Growth. 31
2.3. Global Automotive Fog Light Market: Macroeconomic Factors. 31
2.3.1. Economic Outlook. 31
2.3.2. International Policy. 32
2.3.3. Profitability of Enterprises. 32
2.3.4. Increasing Purchasing Power of Middle Class. 32
2.3.5. Complex Eco System. 32
2.3.6. Supply chain Issues. 33
2.3.7. End-user Sentiment. 33
2.4. Global Automotive Filter Market impact factors. 33
2.4.1. Autonomous Vehicles. 33
2.4.2. The Influence of China. 33
2.4.3. Dilemma on Shift to New Technologies. 34
2.4.4. Disruption in Traditional Business Models. 34
2.4.5. Rising Component Costs in Developing Countries. 34
2.4.6. Fluctuating Input costs. 34
2.4.7. Shrinking Product Development Time. 35
2.4.8. Adoption of New Mobility Solutions. 35
2.4.9. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 35
2.4.10. Rising Complexity Influencing Greater Emphasis on Platformimg. 36
2.4.11. Innovations in Technology. 36
2.5. Supply Chain. 36
2.6. Cost Structure. 37
2.7. Key Participants Market Presence (Intensity Map) By Region. 37
Chapter 3. Global Automotive Fog Light Market Analysis and Forecast By Colour Emission Type. 38
3.1. Global Automotive Fog Light Market Size and Forecast By Colour Emission Type, 2012-2022. 38
3.1.1. Blue Fog Light Automotive Fog Light Market Size and Forecast, 2012-2022. 38
188.8.131.52. Revenue (US$ Mn) Comparison, By Region. 38
184.108.40.206. Market Share Comparison, By Region. 40
220.127.116.11. Y-o-Y growth Comparison, By Region. 40
3.1.2. White Fog Light Automotive Fog Light Market Size and Forecast, 2012-2022. 41
18.104.22.168. Revenue (US$ Mn) Comparison, By Region. 41
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