Some Major Players in the Automatic Transmission are analyzed in this report:
Magna International Inc., Aisin Seiki Co., Ltd., ZF Friedrichshafen AG, Getrag, Jatco Ltd., Eaton Corporation PLC., Continental AG, Allison Transmission Inc., Borgwarner, and GKN PLC.
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Global Automatic Transmission Market Insights:
Automatic transmission is a type of transmission that can automatically change gear ratios as the auto vehicle moves. It is also called as auto or self-shifting transmission. Transmission system has evolved to provide better performance in the vehicle. Manufacturers of transmission systems are competing to develop fuel efficient systems without compromising on the performance of vehicle. Automatic transmission is preferred over the manual transmission and the reason behind the inclination towards automatic transmissions is fuel efficiency, increased power, and better comfort level. Automatic transmission car are very much popular in the North America due to stringent emission and fuel efficiency regulation. Enhanced driving experience with respect to auto gear shifting & improved acceleration, increasing vehicle production, and increasing need for fuel efficient systems by the vehicle has driven the market of automatic transmission.
The automatic transmission has various benefits associated with it depending on the use. The automatic transmission helps to reduce the fuel consumption and CO2 emission. The Federal Motor Vehicle Safety Standard states that the engine starter should be not in the operation when the gear is in the forward or reverse drive position. This will prevent from an unexpected motion of the vehicle reducing accidents.
Global Automatic Transmission Market Regional Analysis:
Asia Pacific region is expected to grow at a fastest rate due to the increase in the demand for automated clutch and gear shift systems in commercial vehicles. The automated clutch and gear shift helps to reduce the accident and makes the ride safe and comfortable. This will increase the demand for the automated transmission system in future. In North America, there is lesser use of manual transmission system because the torque interruption during the changing of gear. An alternative of manual transmission is the dual clutch transmission which provides two clutch inputs and makes the ride smooth and comfortable. The comfort ride in the vehicle is expected to drive the automatic transmission market in future. There will increase in use of automatic transmission in Europe due to stringent government regulations for emission. In Europe, the government have imposed certain regulations for high emission of CO2 from the vehicle. The vehicle that emits high CO2 will be penalized by taxation and high fuel cost will result in negative impact over the market. .The automatic transmission reduces the emission which will indirectly result in the increased use in the vehicles. This increase use to reduce the emission will result in the growth of the market in Europe.
Industry/ Innovation/ Related News:
In 2015, BorgWarner had delivered DualTronic clutch module to Eaton for class 6 and 7 medium-duty trucks in North America. This will help to improve the fuel efficiency of the vehicles.
In Oct 2017, Aisin Group has strengthen its production system for automatic transmissions, mainly in China and Japan.
Automatic Transmission Market Segmentation:
The global automatic transmission market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type: Comprises Automated Manual Transmission (AMT), Dual-Clutch transmission (DCT), and Continuously Variable Transmission (CVT)
Segmentation by Vehicle Type: Comprises Passenger Car, LCV, and HCV
Segmentation by Fuel: Comprises Gasoline, Diesel, and Hybrid
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Scope of the Report:
This study provides an overview of the global automotive engine valve market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automatic Transmission market by its technology, fuel type, and vehicle type, and region.
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