An automotive transmission system is used to provide optimum power to the drivetrain from a vehicle’s engine. The system includes a clutch, gear trains and gears. The effectiveness of a good transmission system ensures driving efficiency and performance of an automobile and makes it more convenient, safe and comfortable to drive. Properly designed, programmed and tuned transmission system also helps in improving vehicle’s fuel efficiency.
The automotive transmission market can be categorized on the basis of vehicle and product type. On the basis of product type, the transmission market is segmented into Continuous Variable Transmission (CVT), manual transmission, Dual Clutch Transmission (DCT), Automatic Transmission (AT) and automated manual transmission (AMT). By vehicle type, the transmission market is segmented into light commercial vehicles, passenger cars, and heavy commercial vehicles. Passenger cars segment holds the largest market share.
On the basis of product type, manual transmission segment dominates the global market share. However, automatic transmission segment is expected to grow due to the changing preference of consumers from manual to automatic transmission system. DCT and CVT are gradually gaining preference over the conventional transmission systems due to factors such as, fuel efficiency, increasing demand for vehicle performance, increased power requirements and improved comfort level provided by these new technologies.
The Global automotive transmission market is driven by increasing vehicle production. Benefits associated with transmission system such as enhanced driving experience in terms of gear shifting, improved acceleration, increase in fuel efficiency and lower CO2 emission are impacting the automotive transmission market positively. Furthermore, development of dual clutch and continuously variable transmission systems are propelling the market growth. Conversely, rising cost of advanced transmission systems is deterring growth of global automotive transmission market.ASDReport.com offers an extensive repository of reports on transmission market. The reports cover various segments and components of automotive transmission market like, clutch, transfer case, transmission oil, protective relay, automotive gears, functional fluids and much more.