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Automotive Transmission Market Share

Report ID: GMI1445
Published Date: Sep 2020
Report Format: PDF

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Automotive Transmission Market Share

Major players in operating in the industry are focusing on innovations to get an edge over the competitors. Recently Hyundai launched iMT systems for its SUV, and Kia is planning to inculcate iMT transmission into some upcoming variants.

Prominent companies working in the automotive transmission market include:

Eaton Corporation
Aisin Seiki
Continental AG
Allison Transmission
ZF Friedrichshafen AG
BorgWarner Inc
Getrag.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global automotive transmission market size was worth USD 236.4 billion in 2019.

The global pandemic has hampered the automotive transmission industry growth due to economic crisis, shutting of manufacturing facilities, and reduced import and export of automotive parts.

Automotive transmission market share from hybrid and electric vehicles is expected to increase at a double-digit CAGR of 15% through 2026.

Automotive transmission distribution market size from aftermarket segment stood at USD 4 billion in 2019 and will further increase at a CAGR of 3.5% through 2026.