Jan 02, 2020 (Market Insight Reports via COMTEX) -- The Global Automotive Transmission Market Report is highly intended to offer robust acumen considering Automotive Transmission Market industry to aid a market contender with insightful analysis for Automotive Transmission Market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.
The global Automotive Transmission market is valued at 109360 million US$ in 2020 is expected to reach 130250 million US$ by the end of 2026, growing at a CAGR of 2.5% during 2021-2026.
Market Key Players
ASIN, ZF, Jatco, Getrag, Volkswagen, Honda, MOBIS, Magna, SAIC, GM, Chongqing Tsingshan, Allison Transmission, Continental, Zhejiang Wanliyang, Borgwarner, Eaton Corporation, etc..
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Auto Transmissions is a machine that consists of a power source and a power transmission system, which provides controlled application of the power. Often the term transmission refers simply to the gearbox that uses gears and gear trains to provide speed and torque conversions from a rotating power source to another device.
China is the largest consumer of Automotive Transmission and is expected to retain the higher growth rate during the next five years due to strong growth in automotive industry. China have witnessed a major chunk of the production and consumption of Automotive Transmission in the Asia Pacific region. Actually, that is why manufacturers have several plants, usually close to aimed demand market.
Segment by Type
Segment by Application
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)