Automotive

Automotive Transmission Gears Market Growth Accelerated by Increased Adoption of Automatic Transmission

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Automotive Transmission Gears Market Growth Accelerated by Increased Adoption of Automatic Transmission

Automotive transmission gears play a vital role in transferring power from the engine to the wheels. These highly engineered gears provide optimal power transmission and engine efficiency. Growing consumer preference for automatic transmission vehicles owing to smoother drive experience and enhanced convenience is a key factor driving demand for automatic transmission gears.

The global Automotive Transmission Gears Market is estimated to be valued at US$ 28567 Mn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increased adoption of automatic transmission systems has accelerated the demand for automatic transmission gears over the last few years. As per various reports, sales of vehicles equipped with automatic transmission accounted for over 70% of total vehicle sales globally in 2022, representing a significant rise from 60% a few years ago. This increasing shift towards automatic transmission promotes the production of automatic transmission gears over manual gears. Moreover, technological advancements facilitating refined gear shifting and improved fuel efficiency of automatic transmissions are further driving their large scale adoption, thereby fueling growth of the automotive transmission gears market during the forecast period.

Segment Analysis

The global automotive transmission gears market is dominated by manual transmission gears sub-segment owing to its wide applicability in commercial vehicles and cost-effectiveness. Manual transmission gears have higher torque handling capacity and can operate heavy vehicles efficiently making them a preferred choice for commercial vehicles.

Key Takeaways

The Global Automotive Transmission Gears Market Size is expected to witness high growth over the forecast period.

Regional analysis: The Asia Pacific region is expected to maintain its dominance in the global automotive transmission gears market during the forecast period. Growing automotive production led by China, India along with rising demand for vehicles are driving the market in this region. Additionally, low production costs and growing investments by OEMs to enhance regional manufacturing capacities will further aid the market expansion.

Key players: Key players operating in the automotive transmission gears market are Novartis AG, Gilead Sciences, Inc., Castle Creek Biosciences, Inc., Lineage Cell Therapeutics, Inc., Transgene SA, Cellectis, ImmunityBio, Inc., Sorrento Therapeutics, bluebird bio, Inc., Arcellx, Sana Biotechnology, Inc., Biodesix, Inc, and Laurus Labs. Novartis AG and Gilead Sciences, Inc. are the leading players owing to their diversified product portfolios and strong geographical footprints across major markets.

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Adaptive Autonomous Driving To Boost The Growth Of Automotive Transmission Gears Market

ashwinicmi 2023-12-01

The global Automotive Transmission Gears Market is estimated to be valued at US$ 28567 Mn in 2023 and is expected to exhibit a CAGR of 8. Developments in autonomous driving technologies are boosting the demand for advanced transmission gears. Manufacturers are focusing on development of lightweight transmission gears using advanced materials like carbon fiber composites. Growing demand for lightweight electric vehicles is projected to accelerate the shift towards composite transmission gears. Regional analysis: Asia Pacific dominates the global automotive transmission gears market and is expected to maintain its leading position during the forecast period, growing at a CAGR of over 9%.

Automotive Transmission Gears: The Unsung Heroes of Your Vehicle

Ashish Thapa 2024-02-08

In this article, we will explore the functions of automotive transmission gears and how they work within different transmission systems. Types of Gears UsedSeveral specific gear types are commonly used in transmission assemblies:- Spur Gears - Simple gears with parallel shafts that mesh together for power transmission. - Planetary Gears - Multiple meshing gears allow compaction in an automatic transmission's planetary gearsets. - Synchronizers - Friction devices that match shaft speeds before engaging gears in a manual transmission, eliminating grinding. Whether powered through skillful manual gear changes or managed automatically, transmission gears are an indispensible part of efficiently delivering engine torque to the road.

Automotive Transmission Gears Market Is Estimated To Witness High Growth Owing To Increasing Demand for Fuel-efficient Vehicles

Ben Wood 2023-09-14

The global Automotive Transmission Gears Market is estimated to be valued at US$ 24,356. PEST Analysis:Political: The political landscape plays a crucial role in shaping the automotive transmission gears market. Technological: Technological advancements have a significant impact on the automotive transmission gears market. Increasing urbanization and rising disposable income are driving the demand for automobiles, leading to higher demand for transmission gears. In terms of regional analysis, Asia Pacific is projected to be the fastest-growing and dominating region in the automotive transmission gears market.

The Global Automotive Transmission Gears Market Growth Accelerated By Shift Towards Automatic Transmissions

Sumedha 2024-02-08

Different types of gears such as spur, helical, Bevel gears are used in transmission systems depending on the vehicle type. The global Automotive Transmission Gears Market is estimated to be valued at US$ 32909. The growing sales of automatic transmission vehicles, especially in developing nations will continue augmenting the demand for advanced gears used in next-gen transmission technologies. Key Takeaways The Global Automotive Transmission Gears Market Share is expected to witness high growth over the forecast period of 2024 to 2031. The global Automotive Transmission Gears Market is estimated to be valued at US$ 32909. Key players: Key players operating in the automotive transmission gears market are Novartis AG, Gilead Sciences, Inc.

Production Line for Automotive Transmission Gears

Sushil Mahalle's Articles 2022-05-27

Continuous variable transmissions (CVT), automated manual transmissions (AMT), and dual-clutch transmissions are other types of automatic transmissions (DCT). The gear blank is machined using either an internal gear blank machining machine or an external gear blank machining machine. The internal gear blank machining process is used to machine the inner surface of the gear blank. During the external gear blank machining process, an external gear blank machinist is used to machine the outer surface of the gear blank. com/market-insight/automotive-transmission-gears-market-4992 Click here for the Automatic Transmission Gears Market Press Release Link: https://www.

Global Automotive Transmission Gears Market Growth Accelerated by Rising Demand for Fuel-Efficient Vehicles

Sneha 2023-12-20

An increasing demand for passenger vehicles and stringent emission norms are encouraging automakers to focus on manufacturing fuel-efficient and lightweight vehicles. The global Automotive Transmission Gears Market is estimated to be valued at US$ 28567 Mn in 2023 and is expected to exhibit a CAGR of 8. Segment Analysis:The global automotive transmission gears market is segmented by material, type and vehicle type. Key Takeaways:The Global Automotive Transmission Gears Market Size is expected to witness high growth at a CAGR of 8. Key playersKey players operating in the automotive transmission gears market are American Axle & Manufacturing Holdings Inc.

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Automotive Gears Market 2022: New Trends, Industry Drivers, and Demand Factors

Biswadeep 2022-06-06

With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected automotive gears market growth numbers from 2022-2031. id=6093&type=smp The global automotive gears market size is expected to grow from $32. The global automotive gear market share is expected to grow to $44. com/report/automotive-gears-global-market-report The Automotive Gears Global Market Report 2022-31 by The Business Research Company evaluates automotive gears market size, growth rate, drivers, automotive gears industry trends, and major companies. Future Outlook and Potential Analysis Of The Automotive Gears Market About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.

Automotive Transmission Market Drivers, Restraints and Challenges Analysis Report 2021-2027

Sarah Azmal 2022-01-18

The Automotive Transmission Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. Get | Download FREE Sample Report of Global Automotive Transmission Market @ https://www. What are the opportunities and challenges currently faced by the Automotive Transmission market? What business strategies are the competitors considering to stay in the Automotive Transmission market? Purchase the Complete Global Automotive Transmission Market Research Report @ https://www.

Automotive Transmission Market Current Trends, Market Challenges & Market Analysis by 2030

gogo 2022-05-17

“According to the research report published by Polaris Market Research, the Global Automotive Transmission Market Size Is Expected To Reach USD 223. The Global Automotive Transmission Market overview contains detailed information on market size, trade statistics, main players, and a variety of market indicators such as life cycle, trends, and so on. The market report for Automotive Transmission Market a detailed analysis of several factors, such as the key drivers and restraints that will impact growth. com/industry-analysis/automotive-transmission-market/inquire-before-buyingThe following are some of the important questions addressed in this Automotive Transmission Market Report:How big is the Automotive Transmission Market? About Us:Polaris Market Research is a worldwide market research and consulting organization.

Automotive Transmission Pump Market Growth Accelerated by Rising Demand for Automatic Transmission Vehicles

Ishika cmi 2024-01-25

With growing preference for comfort and convenience of automatic transmission vehicles especially in passenger cars, the demand for technologically advanced automatic transmission pumps have surged. The global automotive transmission pump market is estimated to be valued at US$ 40. Segment Analysis The global automotive transmission pump market can be segmented on the basis of vehicle type, displacement type and sales channel. Key Takeaways The global automotive transmission pump market is expected to witness high growth between 2024-2031 driven by rising vehicle production and sales worldwide. Key players operating in the Automotive Transmission Pump market includes Facebook, Inc.

Automotive Gears Market 2023 Analysis Report by Recent Developments and Emerging Technologies Till 2028

Mariya Ahsan 2022-02-11

The Automotive Gears Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. Get | Download FREE Sample Report of Global Automotive Gears Market @ https://www. Which application and type segment holds the maximum share in the Global Automotive Gears market? What business strategies are the competitors considering to stay in the Automotive Gears market? Purchase the Complete Global Automotive Gears Market Research Report @ https://www.

Automotive Transmission Market Demand Analysis, Statistics, Industry Trends And Investment Opportunities To 2028

aakritiichouhan 2022-04-04

The new Automotive Transmission Market report offers a comprehensive study of the current scenario of the market including major market dynamics. The major players in the automotive transmission market include Aisin Seiki Co. Get more information on "Global Automotive Transmission Market Research Report" by requesting FREE Sample Copy at https://www. Additionally, the growing demand for electric vehicles and adopting continuously variable transmission as technology will create new growth opportunities in the automotive transmission market. By Transmission Type· Manual· AutomaticBy Fuel Type· Gasoline· Diesel· OthersBy Vehicle Type· Passenger Cars· LCVS· HCVSRegional AnalysisThis section covers the regional outlook, which accentuates current and future demand for the Automotive Transmission market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Automotive Transmission Gear Market: Growing Demand for Fuel-efficient Vehicles Drives Market Growth

samruddhicmi123 2023-10-09

The global automotive transmission gear market is estimated to be valued at US$ 24,356. In conclusion, the global automotive transmission gear market is projected to grow significantly over the forecast period. Porter's Analysis: Threat of New Entrants: The threat of new entrants in the automotive transmission gear market is moderate. Threat of New Substitutes: The threat of new substitutes is low in the automotive transmission gear market. In terms of regional analysis, Asia Pacific is the fastest-growing and dominating region in the automotive transmission gear market.

Automotive Transmission Systems Market Is Estimated To Witness High Growth Owing To Growing Demand for Automated Manual Transmission (AMT)

Poonam 2023-09-26

The global Automotive Transmission Systems Market is estimated to be valued at US$ 152. In conclusion, the global Automotive Transmission Systems Market is projected to experience high growth due to the increasing demand for automated manual transmission (AMT) and the growing adoption of electric vehicles. PEST Analysis: Political: The political factors affecting the automotive transmission systems market involve government regulations and policies pertaining to emission norms, safety standards, and trade agreements. Technological: Technological advancements play a significant role in shaping the automotive transmission systems market. In terms of regional analysis, Asia Pacific is expected to be the fastest-growing and dominating region in the automotive transmission systems market.

U.S Automotive Transmission Market 2022: Significant Dynamics (Drivers, Restraints, Trends, Opportunities) Upto 2030

damini 2023-01-01

The important goal of the Automotive Transmission market report is to supply Key Insights on Competition Positioning, Current Trends, Market Potential, Growth Rates, and Alternative Relevant Statistics. com/sample/665178In-depth analysis of several leading players of Automotive Transmission market are listed in this report to help consumer boost their market situation and strategies their business likewise. Major key companies listed in the Automotive Transmission market report are:Eaton Corporation, Aisin Seiki, Continental AG, Allison Transmission, ZF Friedrichshafen AG, BorgWarner Inc. com/discount/665178The Automotive Transmission market report is segmented by types and applications alongside the contemporary analysis regarding the current global market scenario, the latest trends and the overall market surrounding. Their key marketing strategies and advertising techniques have been highlighted to offer a clear understanding of the Global Automotive Transmission market.

Automotive Gears Market driven by Increasing Vehicle Production

rechal dey 2019-05-15

According to the market research report Automotive Gears Market by Application (Transmission, Differential, Steering System, Other), Product Type (Planetary, Bevel, Rack & Pinion, Hypoid, Worm, Helical, Non-Metallic), Material (Metallic, Non-Metallic), & by Vehicle Type — Global Forecasts to 2020.

The global automotive gears market is projected to grow at a CAGR of 6.1% from 2015 to 2020.

The market is estimated to be USD 28.47 billion in 2015 and is projected to reach 38.27 billion by 2020.

In this study, 2014 has been considered as the base year, and 2015 to 2020, the forecast period for estimating the market size of automotive gears.

The study segments the market on the basis of application, vehicle type, product type, material type, and region.Download our free PDF Brochure and gain crucial industry insights that will help your business grow:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=198728104The average number of automotive gears that are incorporated in each vehicle category has been identified and multiplied by vehicle production numbers to obtain the country-level automotive gears volume to arrive at the market size, in terms of volume, for automotive gears.

The summation of the country-wise market provides the regional market and further summation of the regional market provides the global automotive gears market.Request for free Customization:https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=198728104Objectives of the StudyTo provide a detailed analysis of various forces acting in the automotive gears market (drivers, restraints, opportunities, and challenges)To analyze the regional markets for growth trends, future prospects, and their contribution to the overall marketTo segment the automotive gears market and forecast the market size, in terms of volume (000 units) and value (USD million), for major regions-namely, Asia-Pacific, Europe, North America, and the Rest of the World (RoW)To segment the automotive gears market and forecast the market size, in terms of volume (000 units)and value (USD million), based on vehicle type (passenger cars, LCVs, and HCVs)Browse and in-depth TOC on Automotive Gears Market78 — Tables46 — Figures144 — PagesTarget Audience of Automotive Gears MarketManufacturers of automotive gear systemsDealers and distributors of automotive gear systemsIndustry associationsInvestment firmsEquity research firmsPrivate equity firmsRequest for sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=198728104Automotive Gears Market Key PlayersThe report analyzes all major players in the automotive gears market, including Robert Bosch GmbH (Germany), GKN plc (U.K.), Showa Corporation (Japan), Bharat Gears (India), and ZF TRW (U.S.), along with numerous local players.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.

Automotive Transmission Systems Market Drivers, Restraints and Challenges Analysis Report 2021-2027

Firoza Akhhtar 2022-01-11

The Global Automotive Transmission Systems Market Report, with its deep industry analysis of the market, estimates the market size bifurcated into segments and regions. Get | Download FREE Sample Report of Global Automotive Transmission Systems Market @ https://www. Which application and type segment holds the maximum share in the Global Automotive Transmission Systems market? What are the opportunities and challenges currently faced by the Automotive Transmission Systems market? Purchase the Complete Global Automotive Transmission Systems Market Research Report @ https://www.

Automotive Transmission Market: Analysis and Opportunities

marketsandmarkets 2022-07-29

Technological advancements in current generation automotive transmissions, Increasing customer preference for convenience, and premium transmissions are further expected to drive the automotive transmission market. The Automotive Transmission Market is projected to grow from USD 59. CVT, by Number of forwarding gears, is estimated to be the fastest-growing automotive transmission market during the forecast period. id=1063 The Automatic transmission segment is expected to grow at a high CAGR and expected to become the largest segment of the automotive transmission market during the forecast periodThe overall manual transmission market is declining as it is moving toward automated transmission technologies. Don’t miss out on business opportunities in Automotive Transmission Market.

Global Automotive Transmission Market Report, Latest Trends, Industry Opportunity & Forecast to 2028

Sara Jones 2022-04-29

COVID-19 Impact Analysis on Automotive Transmission Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. Get more information on "Global Automotive Transmission Market Research Report" by requesting FREE Sample Copy at https://www. Browse Global Automotive Transmission Market Research Report with detailed TOC at https://www. By Transmission Type· Manual· AutomaticBy Fuel Type· Gasoline· Diesel· OthersBy Vehicle Type· Passenger Cars· LCVS· HCVSRegional AnalysisThis section covers the regional outlook, which accentuates current and future demand for the Automotive Transmission market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Purchase Complete Global Automotive Transmission Market Research Report at https://www.

Automotive Transmission Systems Market: Hybrid and Electric Transmission Solutions During The Forecast Period From 2023-2030

Cmitejashree 2023-07-28

The automotive transmission systems market is undergoing a transformative shift, driven by the increasing demand for sustainable and eco-friendly mobility solutions. One of the popular hybrid transmission systems is the electronic continuously variable transmission (eCVT). However, the most significant transformation in the automotive transmission systems market has been driven by electric vehicles (EVs). These advanced electric transmission solutions allow the electric motor to operate more efficiently at different speeds, providing higher acceleration at lower speeds and improved efficiency at higher speeds. In conclusion, hybrid and electric transmission solutions are revolutionizing the automotive transmission systems market, paving the way for a greener and more sustainable future.