Report segments Global Automotive Gear Shift System Market based on System Type (Automatic System, and Manual System), by Fuel Type (Petrol, Diesel, and Gasoline), by Application (Passenger Car, LCV, and HCV) and regions.
Global Automotive Gear Shift System Market Highlights:
Automotive Gear Shift System Market by Investments, Merger, Acquisitions, Leading Players, And Key Country Forecast To 2023. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific, and Rest of the World.
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Leading Players Studied In Report are:
Allison Transmission (U.S.), Aisin Seiki Co., Ltd. (Japan), GETRAG (Germany), ZF Friedrichshafen AG (Germany), and GKN PLC (U.K.). ZF Friedrichshafen AG (Germany), Eaton Corporation PLC (Republic of Ireland), Continental AG (Germany), Magna International Inc. (Canada), BorgWarner Inc. (U.S.), and JATCO Ltd. (Japan) are among other important players in the market.
The global automotive gear shift system market has seen remarkable growth; expected to expand with the CAGR of ~6.56%. In the automotive industry, advancement of technologies plays a vital role in transforming the components. The rising use of electronic gear shift system instead of manual gear shift system is one of the major transformations, which enhances the demand for advanced systems. In many regions, strict government vehicle standards for the new vehicle is expected to enhance the growth during the forecast period. Manufacturers use more fuel and emission efficient components in vehicles to follow government guidelines. Research and development for better automotive gear shift systems may play a significant role in enhancing the global market revenue
Increase in the average disposable income and growing purchasing power of the customers will enhance the growth of the market. Addition of electric vehicle segment in the automotive industry will create opportunities in the market for new players. However, the growth of the market is challenged by the high price of the product. The increased trend for the customer satisfaction among manufacturers will make it difficult for them to innovate and develop a better fuel efficient gear shift system in an automobile.
Market Segmentation:
Global automotive gear shift system market is segmented on the basis of type, fuel system, application, and region.
- On the basis of type, the market has been segmented into automatic system and manual system.
- On the basis of fuel system, the market has been segmented into petrol, diesel, and gasoline.
- On the basis of application, the market has been segmented into passenger cars, light commercial vehicle, and heavy commercial vehicle.
Regional Analysis:
Geographically, the global Automotive Gear Shift System market has been segmented into five major regions such as North America, South America, Europe, Asia Pacific, and the Middle East and Africa.
Asia Pacific is projected to hold a significant market revenue share over the forecast period in terms of value followed by North America. Increase in sales of vehicles in countries such as China, Japan, and India, and growing demand for the advanced fuel-efficient components will aid the automotive gear shift system market growth.
Furthermore, it is estimated that the sales of automotive gear shift system in China will approximately be double to North America. Increased industrialization, low labor cost, and ease of doing business will further boost the market size of the automotive gear shift system in Asia Pacific. North America will be the second largest market in terms of market revenue owing to the increased use of mechanical components in the vehicle.
List Of Tables:
TABLE 1 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET: BY REGION, 2018-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE GEAR SHIFT SYSTEM MARKET: BY COUNTRY, 2018-2023
TABLE 3 EUROPE AUTOMOTIVE GEAR SHIFT SYSTEM MARKET: BY COUNTRY, 2018-2023
TABLE 4 ASIA PACIFIC AUTOMOTIVE GEAR SHIFT SYSTEM MARKET: BY COUNTRY, 2018-2023
TABLE 5 ROW AUTOMOTIVE GEAR SHIFT SYSTEM MARKET: BY COUNTRY, 2018-2023
TABLE 6 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET, BY TYPE, BY REGIONS, 2018-2023
TABLE 7 NORTH AMERICA AUTOMOTIVE GEAR SHIFT SYSTEM MARKET, BY TYPE, BY COUNTRY, 2018-2023
TABLE 8 EUROPE AUTOMOTIVE GEAR SHIFT SYSTEM MARKET, BY TYPE, BY COUNTRY, 2018-2023
Continued…
List Of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET SHARE, BY TYPE, 2017 (%)
FIGURE 9 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET, BY TYPE, 2018-2023 (USD MILLION)
FIGURE 10 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET SHARE, BY FUEL TYPE, 2017 (%)
FIGURE 11 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET, BY FUEL TYPE, 2018-2023 (USD MILLION)
FIGURE 12 GLOBAL AUTOMOTIVE GEAR SHIFT SYSTEM MARKET SHARE, BY APPLICATION, 2017 (%)
Continued…
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