Automotive Automatic Transmission (AT) System Market Growth Analysis, Business Opportunities, and Forecasts, 2028
Global automotive automatic transmission (AT) system market is anticipated to witness significant growth in the forecast period due to growing inclination from manual to automatic transmission. Automotive automatic transmission (AT) system is a motor vehicle transmission that automatically changes gear ratio while driving. It offers ease of operation by eliminating the driver to change the gears manually. It enables internal combustion engine to run at comparatively high rotational speed for better speed of the vehicle.
The major drivers of automotive automatic transmission (AT) system market are increasing production and sales of vehicles, growing demand for low-range and mid-range vehicles, increase in demand for high end cars in the developed regions of North America and Europe, and rise in adoption of semi-automatic transmission systems in commercial automobiles. Furthermore, change in consumer preference towards automatic transmission is also propelling the market. However, significant cost of automotive automatic transmission system is hindering the market growth.
Increasing government regulations for safety attributes and fuel efficiencies of the automobile are stimulating manufacturers to install AT systems in vehicles that can comply with both, regulations and safety is trending in the market. Increase in demand for AT systems from the developing economies is an opportunity for the market.
Leading players of Automotive Automatic Transmission (AT) System including:
• BorgWarner
• ZF Friedrichshafen
• Schaeffler
• Eaton
• Aisin Seiki
• Voith
• EXEDY
• Allison Transmission
• AVL LIST
• Honda
• VW
• BorgWarner
• ZF Friedrichshafen
• Schaeffler
• Eaton
• Aisin Seiki
• Voith
• EXEDY
• Allison Transmission
• AVL LIST
• Honda
• VW
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Automotive automatic transmission system market is categorized based on vehicle type, transmission type, fuel type, sales channel, and geography. Based on vehicle type, market is divided into commercial vehicles and passenger cars. Commercial vehicles is further divided into heavy commercial vehicle, light commercial vehicle, buses, and coaches. Passenger cars segment is expected to lead the market in the forecast period in terms of revenue, an increase in demand from the consumers, and rise in disposable income of consumers of developing economies.
Market split by Type
• 4-Speed AT
• 5-Speed AT
• 6-Speed AT
• 7-Speed AT
• 8-Speed AT
• 9-Speed AT
• 4-Speed AT
• 5-Speed AT
• 6-Speed AT
• 7-Speed AT
• 8-Speed AT
• 9-Speed AT
Market split by Application
• Passenger Car
• Commercial Vehicle
• Passenger Car
• Commercial Vehicle
Market split by Sales Channel
• Direct Channel
• Distribution Channel
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
North America is expected to lead the market in future due to increase in demand for vehicles with automatic transmission and increasing private investment in the domain. Asia Pacific also leads the market due to increasing population, high demand for passenger cars and increase in spending power of consumers.
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Key Questions Answered in This Report
• Analysis of the market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Company Profiles including products, sales/revenues, and market position
• Market structure, market drivers and restraints.
• Analysis of the market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Company Profiles including products, sales/revenues, and market position
• Market structure, market drivers and restraints.
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