Global Automotive Automatic Transmission Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

Automotive

Global “Automotive Automatic Transmission Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Automotive Automatic Transmission in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Automotive Automatic Transmission Market report categorizes the market based on manufacturers, regions, type, and application. Automotive Automatic Transmission Market reports offer a detailed assessment of the Automotive Automatic Transmission including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Automotive Automatic Transmission market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The automotive automatic transmission market is forecasted to witness a 9.5% CAGR. Growing adoption for automatic transmission vehicles in major automotive markets, like China, India etc. is anticipated to drive the market.

Ease of driving experience

The automatic transmission has many advantages apart from performing the simple purpose of transferring an engine’s power to the wheels. It increases the ease of driving by eliminating the need of constant shifting of gears by the driver especially in heavy traffic conditions. Automatic transmission systems are receiving acceptance among consumers worldwide, particularly from developing economies, as heavy traffic and overcrowded streets. In addition, the reduced maintenance cost of these systems compared to manual systems is also an added advantage.

The spike in the number of women drivers has prompted carmakers to innovate and design vehicles to suit women’s preferences. As women have become more involved in decision-making when buying a car, they want the car ride to be smooth and performance oriented. For women, safety features are more important than price. Automatic transmission, Anti-Lock Braking System (ABS) and run-flat tires are the key factors for women car buyers, therefore, building the market for the manufacturers of the automatic transmission to develop the ways to ease the driving experience.

Transmission system manufacturers are also motivated to provide cost-effective solutions without compromising on the performance of the vehicle. Dealers are focusing on globalization and evolving products to obey emission norms. For this reason, dealers are working with native partners, and OEMs are associating to develop new technologies to save improvement costs and at the same time offer effective technologies in the transmission market.

The other main reasons for opting for this technology are fuel efficiency, augmented power requirements, growing demand for vehicle performance and increasing comfort levels. OEMs are also accepting efficient technologies to fulfill various regional emission norms in developed economies. The above-mentioned factors have driven the R&D of transmission technologies. The growing vehicle production, rising demand for reduced carbon footprint technologies, improved driving experience in terms of gear shifting, better acceleration, rise in fuel efficiency provided by these systems, and reduced CO2 releases by the vehicle have compelled progress of the market. However, higher preliminary cost and low implementation rates in high volume markets have restrained the development of new technologies.

Geographical Market Analysis

In terms of geographic regions, the Americas will be the major revenue contributor to the automotive AT system market throughout the forecast period. The US and Canada are the two crucial automotive markets for performance-driven cars in North America. The high demand and sales of sports sedans and high-performance cars is expected to drive the growth of the market in the region.

The Mordor Intelligence analysis on the global automotive automatic transmission (AT) system market identifies that the rising popularity of the AMT system in the developing economies to be one of the major factors that is expected to have a positive impact on the growth of the market. The AMT system has emerged as a cheaper and less sophisticated alternative to hydraulic systems from potential developing economies of Asia, such as India and Myanmar. Numerous global automakers are offering such technologies even in their entry-level cars, considering the demand for such systems as these economies are facing traffic issues for a long period of time. Japanese automakers, such as Suzuki and Honda, are offering AMT systems as an option in most of their product portfolios. Moreover, the technology is around 40%-50% cheaper than the other hydraulic systems. The manufacturers of the AMT technology are particularly focusing on capturing the automotive market that is driven by lower-middle class and middle-class families in the developing economies.

Major Players: DAIMLER AG, CONTINENTAL AG, EATON CORPORATION, AISIN SEIKI, DELPHI AUTOMOTIVE amongst others.

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The global Automotive Automatic Transmission market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Automotive Automatic Transmission Market Report covers the Top Key-players in 2021:-

  • Aisin Seiki
  • Allison Transmission Holdings
  • BorgWarner
  • Continental AG
  • Daimler AG
  • Delphi Automotive
  • Eaton Corporation
  • Fiat Powertrain Technologies
  • Getrag
  • Hilite International
  • Jatco
  • Magna International
  • NSK Global
  • Oerlikon Graziano
  • Tremec
  • Valeo

Highlighted points of Automotive Automatic Transmission Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Automotive Automatic Transmission Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Automotive Automatic Transmission? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Automotive Automatic Transmission Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Automotive Automatic Transmission Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Automatic Transmission Market?
  • What Is Current Market Status of Automotive Automatic Transmission Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Automatic Transmission Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Automotive Automatic Transmission Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Automotive Automatic Transmission Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Automotive Automatic Transmission Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Automotive Automatic Transmission Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Automotive Automatic Transmission Industry?

Key Developments in the Automotive Automatic Transmission Market: of the Market:
March 2018: Jaguar Land Rover India launches Range Rover Evoque Convertible with automatic transmission system

Reasons to purchase this report

  • Provides latest insights into the Automotive Automatic Transmission Market
  • Gives a detailed analysis of key competitors in the Automotive Automatic Transmission Market
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Detailed analysis on the region that is expected to witness the highest growth
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate Sheet in excel

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    Finally, the report Global Automotive Automatic Transmission Market 2021 describes the Automotive Automatic Transmission industry expansion game plan, the Automotive Automatic Transmission industry knowledge supply, appendix, analysis findings, and the conclusion.

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