Automotive Gearbox Market Worth 138.52 Billion USD by 2025

PUNE, India, June 11, 2018 /PRNewswire/ --

According to a new market research report "Automotive Gearbox Market by Application (Automatic Transmission, Automated Manual Transmission, Dual Clutch Transmission, Manual), Number of Gears (3-5, 6-8, above 8), Electric Vehicle Type, Off-Highway vehicle, Vehicle Type, Region - Global Forecast to 2025", published MarketsandMarkets™, the market is projected to grow at a CAGR of 4.24% from USD 103.55 Billion in 2018 to USD 138.52 Billion by 2025.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 98 market data Tables and 40 Figures spread through 148 Pages and in-depth TOC on "Automotive Gearbox Market"

https://www.marketsandmarkets.com/Market-Reports/automotive-gearbox-market-267325067.html

Early buyers will receive 10% customization on this report 

The increase in demand for enhanced driving experience and smooth gear shifting is driving the growth of the Automotive Gearbox Market. The growth can also be attributed to the increase in the demand for automatic and automated manual transmission vehicles in growing economies such as China, Brazil, and India.

The manual transmission system segment is estimated to be the largest segment in the Automotive Gearbox Market, by application 

The manual transmission segment is estimated to hold the largest market share in the global Automotive Gearbox Market, by application. The market share of this segment is the highest in developing economies such as India and Brazil because of its cost effectiveness. However, the increasing demand for smooth gear shifting and convenient driving has fuelled the demand for automatic transmission and automatic manual transmission in these countries, which is restraining the market for manual transmission.

Ask for PDF brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=267325067

Above 8 gears segment is estimated to be the fastest growing segment in the Automotive gearbox, by number of gears 

The Automotive Gearbox Market for above 8 gears gearbox segment is estimated to grow at the highest rate during the forecast period. This type is mostly used in commercial and off-highway vehicles which require a high degree of durability. Factors such as the development of infrastructure and increasing demand for commercial vehicles for freight transport are driving the growth of this segment.

Rest of the World: Fastest growing regional market for automotive gearbox 

Rest of the world is estimated to be the fastest growing regional market for automotive gearbox. The RoW markets include automotive markets of Brazil, Russia, and South Africa. The RoW gearbox market is growing because of the increasing automobile production in this region. This growth in automobile production is due to the increase in demand for vehicles, along with the availability of cheap labor, low transportation costs, favorable environmental regulations, and flexible export import policies in the region. OEMs are expanding into untapped markets in this region because of the potential of the Brazilian and Russian markets and the attractive export opportunities for established markets. As the Automotive Gearbox Market grows in line with the vehicle production the region has the fastest growth rate. Also, automotive gearbox manufacturers are attracted to this market owing to its cost effectiveness. For instance, in 2014, Aisin Seiki Co., Ltd., Aisin AI Co., Ltd., and Advics Co., Ltd. expanded their production in Brazil. Aisin AI and Advics established their own manufacturing subsidiaries at the site of Aisin Seikis production base in Itu, Sao Paulo. Aisin AI commenced the production of manual transmissions.

The report covers all the major players in the Automotive Gearbox Market, including ZF Friedrichshafen (Germany), Aisin Seiki (Japan), Magna (Getrag) (Canada), Schaeffler (Germany), and BorgWarner (US).

Know more about the Automotive Gearbox Market:
https://www.marketsandmarkets.com/Market-Reports/automotive-gearbox-market-267325067.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog: http://mnmblog.org/market-research/automotive-transportation
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets