Automotive Gearbox Market Size by Application, Number of Gears, Vehicle Type, Off-Highway Vehicle Type, Region – Revenue Pool Analysis, Margin Structure Assessment, Capital Flow Trends, Competitive Benchmarking & Forecast to 2030
Overview
Automotive Gearbox Market is expected to grow at a CAGR of 4.24% throughout the forecast period, to reach US$ 163.54 Bn. by 2030.
Global Automotive Gearbox Market is segmented by the application (automatic transmission, automated manual transmission, dual clutch transmission, manual), number of gears (3-5, 6-8, above 8), vehicle type, and region (North-America, Europe, Latin America, Middle East, Asia-Pacific)
By application, manual transmission segment is projected to hold the largest market share in the Global Automotive Gearbox Market. Global Automotive Gearbox Market portion of this segment is the highest in growing economies such as India and Brazil because of its cost-effectiveness. However, the increasing
demand for smooth gear shifting and convenient driving has fueled the demand for automatic transmission and automatic manual transmission in these countries, which is restraining the market for manual transmission.By vehicle type, passenger cars segment is projected to hold the largest share of the Global Automotive Gearbox Market.
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Growth in the production of passenger cars globally, high demand for premium vehicles and SUVs, and the expectation of great performance from personal vehicles are increasing the growth of this market. Global demand for passenger cars is greater than that for commercial vehicles and is expected to grow more in the future. Moreover, factors such as the large number of luxury light-duty vehicles in Europe and North America and the increasing demand for these vehicles in the Asia-Pacific (APAC) region are increasing the demand for the automotive gearbox.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The objective of the report is to present comprehensive Global Automotive Gearbox Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Automotive Gearbox Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Automotive Gearbox Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive Gearbox Market North America for Asia Pacific make the report investor’s guide.
Automotive Gearbox Market Scope: Inquire before buying
| Automotive Gearbox Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 122.29 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 4.24% | Market Size in 2030: | US $ 163.54 Bn. |
| Segments Covered: | by Application | Automatic Transmission (AT) Automated Manual Transmission (AMT) Dual Clutch Transmission (DCT) Manual Transmission |
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| by Number of Gears | 3–5 6–8 Above 8 |
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| by Vehicle Type | Passenger Cars LCVs Trucks Buses HEV PHEV |
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| by Off-Highway Vehicle Type | Agricultural Tractors Construction Equipment |
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Automotive Gearbox Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Automotive Gearbox Market, Key players are
Aisin Seiki Co.
Magna Powertrain
ZF Friedrichshafen AG
Jatco Ltd.
Getrag Corporate Group
BorgWarner Inc.
Eaton Corporation
Continental AG
Chongqing Tsingshan Industrial Co. Ltd.
Volkswagen Aktiengesellschaf
Groupe Renault
Hyundai Motor Company.
ZF Friedrichshafen
Schaeffler
IGW
Continental
Anchor Industries
Optigear
AVTEC
Gyros Gear Industries
BONENG
A1 Cardone
All Star Performance
Bendix
Frequently Asked Questions:
1. What is the growth rate of Global market?
Ans: The Global market is growing at a CAGR of 4.24% during forecasting period 2024-2030.
2. What is scope of the Global market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
3. Who are the key players in Global market?
Ans: The important key players in the Global market are – Aisin Seiki Co., Magna Powertrain, ZF Friedrichshafen AG, Jatco Ltd., Getrag Corporate Group, BorgWarner Inc., Eaton Corporation, Continental AG, Chongqing Tsingshan Industrial Co. Ltd., Volkswagen Aktiengesellschaf, Groupe Renault, Hyundai Motor Company., ZF Friedrichshafen, Schaeffler, IGW, Continental, Anchor Industries, Optigear, AVTEC, Gyros Gear Industries, BONENG, A1 Cardone, All Star Performance, and Bendix.
4. What is the study period of this Market?
Ans: The Global market is studied from 2023 to 2030.