市場調查報告書
商品編碼
1452944
全球汽車變速箱市場 2024-2031Global Automotive Transmission Market 2024-2031 |
預計全球汽車變速箱市場在預測期(2024-2031年)CAGR為16.4%。電氣化和混合動力、雙離合器變速箱(DCT)和先進手排變速箱的日益普及以及改進的自動駕駛和自動變速箱是支持全球市場成長的關鍵因素。對智慧傳輸和連接的需求不斷成長以及效率的提高也推動了市場的發展。
市場動態
Global Automotive Transmission Market Size, Share & Trends Analysis Report by Transmission Type (Manual and Automatic), by Fuel Type (Gasoline, Diesel and Alternate Fuel), and by Vehicle Type (Passenger Cars, Light commercial vehicles (LCVs) and Heavy commercial vehicles (HCVs)) Forecast Period (2024-2031)
Global automotive transmission market is anticipated to grow at a CAGR of 16.4% during the forecast period (2024-2031). The growing adoption of electrification and hybridization, dual-clutch transmissions (DCT), and advanced manual transmissions with improving autonomous driving and automated transmissions are key factors supporting the market growth globally. The increasing demand for smart transmissions and connectivity with efficiency improvements also drives the market.
Market Dynamics
Growing use of automatic transmissions and the development of hybrid drives
The growing number of electric and hybrid vehicles, along with the ease of combining automatic transmissions with safety features like autonomous emergency braking, are responsible for the increase in hybrid vehicles. Further, increasing consumer demand for enhanced driving experience, and the growing popularity of electric vehicles are expected to drive the market growth. The shift towards electric vehicles is particularly significant as they usually come equipped with automatic transmissions, boosting the demand for automatic transmission gears.
Increasing adoption of lightweight transmissions to increase overall vehicle efficiency
Transmission technology continues to improve owing to growing customer demands for convenience and increased demand for fuel-efficient cars. Specialized transmissions, such as single-speed transmissions in Battery Electric Vehicles (BEVs) and continuously variable transmissions (CVTs) in hybrid vehicles, are needed to enhance efficiency and performance in the growing market for electric and hybrid vehicles.
Market Segmentation
Manual is Projected to Emerge as the Largest Segment
Based on the transmission type, the global automotive transmission market is sub-segmented into manual and automatic. Among these, the manual sub-segment is expected to hold the largest share of the market. The primary factor supporting the segment's growth includes the growing adoption of five and six-speed manual transmissions, enhancing acceleration and fuel economy. The manual transmission involves the driver manually shifting gears using a clutch pedal and gear stick. This type provides a direct connection between the driver and the vehicle, offering more control over the gears' engagement.
Light Commercial Vehicles (LCVs) Sub-segment to Hold a Considerable Market Share
The light commercial vehicles (LCVS) segment has undergone advancements in transmission technology, resulting in improved comfort, driving enjoyment, and fuel efficiency. These advances have shifted from 4-speed automatic transmissions to 8-speed and 9-speed automatic transmissions. For instance, in May 2023, Dana introduced Spicer Electrified(TM) e-Transmissions for Commercial Vehicles. The company announced an expansion of its Spicer Electrified(TM) e-Powertrain offerings to include a family of e-Transmissions for a wide variety of medium-duty electric-vehicle applications.
The global automotive transmission market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Increasing advancements in automotive transmission manufacturing in North America
Asia Pacific Holds Major Market Share
Among all the regions, Asia-Pacific holds a significant share owing to the presence of an enormous number of providers offering automotive transmission. Increasing automotive transmission, especially in countries like China, India, Japan, and South Korea, drives the growth of the market. With the rise of hybrid and electric vehicles, Market players employ a single-speed transmission in electric vehicles, while others incorporate multi-speed transmissions to optimize efficiency and performance using Dual-Clutch Transmissions (DCTs). For instance, in December 2023, Zhejiang Dafa Gear Co., Ltd. introduced Dual-Clutch Transmissions (DCTs) combining the efficiency of manual transmissions with the convenience of automatics. They feature two separate clutches for odd and even gears, enabling lightning-fast gear changes and improved fuel efficiency.
The major companies serving the global automotive transmission market include AISIN CORP., BorgWarner Inc., Eaton Corp., Magna International Inc., ZF Friedrichshafen AG, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance,