-- Fuel economy norms and regional market dynamics to boost worldwide volumes to over 13.0 million by 2020
LONDON, Sept. 2, 2013 /PRNewswire/ -- The global high-speed automotive transmissions market (8-, 9- and 10-Speed) is expected to grow to more than 13 million units by 2020. OEMs and tier-1 suppliers therefore have a key role to play in the growth of this market, which is coaxed by stringent emission regulations, fuel economy standards and dynamic consumer demand. The entire automotive value chain questioning what the "optimum number of transmissions speeds" are while achieving cost-benefits at the same time and how this market will unfold toward 2020.
Frost & Sullivan is organising a web conference, entitled Global Outlook for High-Speed Automotive Transmissions: What's in Store?, taking place on Tuesday, 17 September 2013, at 4.00 p.m. BST. Senior Research Analyst, Yeswant Abhimanyu, will present a strategic overview of the global high-speed transmission technology market, key technology trends, market drivers and restraints as well as what can be expected in the future. He will also name the which and why of the largest markets, outline the competitive landscape and depict, how it will transform toward 2020.
To participate in this complimentary web conference, please email Katja Feick at firstname.lastname@example.org with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
The aim of the web conference is also to provide the market size and forecast for the high speed AT and high speed DCT market with breakdown by region.
"In pursuit of enhanced fuel economy and reduced emissions, the global automotive OEMs, suppliers and the automotive value chain are adopting various strategies," says Mr. Abhimanyu. "High speed transmissions are one such strategic step, which is expected to account for a sizable portion of the global market by 2020."
High speed transmissions (high speed stepped ATs and DCTs) are expected to account for about 14.0 to 17.0 per cent of the overall transmissions market by 2020, and North America is expected to be the largest market, accounting for over 6.0 million units annually by 2020.
Participating in the web conference will benefit automotive OEMs, suppliers as well as any other market player along the automotive value chain.
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SOURCE Frost & Sullivan