The 2018 Global Automotive Gearbox Market Report - Analysis & Forecasts through 2017-2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 27, 2018--The “Automotive Gearbox - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Automotive Gearbox market accounted for $95.33 billion in 2017 and is expected to reach $154.4 billion by 2026 growing at a CAGR of 5.5% during the forecast period.
Factors such as the rising customer preference for improved driving experience and smooth gear shifting are fuelling the market growth. Moreover, increasing demand for automated manual transmission (AMTS) is one of the major opportunities during the forecast period. However, huge demand for battery electric vehicles will reduce the use of automotive gearbox, which is restricting the growth of the market.
By electric vehicle segment, plug-in hybrid electric vehicle (PHEV) acquired significant growth owing to increasing prices in fuel and also strict rules and regulations issued by government.
Based on off-highway vehicle type, construction equipment segment is leading the market owing to huge demand in the growth of automotive gearbox market due to rapid development in the infrastructure field.
On the basis of geography, Asia Pacific is considered as the fastest growing market and the factors favouring the growth of this region are increasing vehicle production, growing markets for the automotive gearbox in India and China.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Automotive Gearbox Market, By Number of Gear
6 Global Automotive Gearbox Market, By Vehicle Type
7 Global Automotive Gearbox Market, By Electric Vehicle
8 Global Automotive Gearbox Market, By Off-Highway Vehicle Type
9 Global Automotive Gearbox Market, By Application
10 Global Automotive Gearbox Market, By Geography
11 Key Developments
12 Company ProfilingAisin Seiki Aichi Machine Industry Allison Transmission Avtec Bonfiglioli Borgwarner Continental Eaton GKN Hyundai Dymos Jatco Magna Magneti Marelli Schaeffler ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/ph3z99/the_2018_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180927005405/en/
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Related Topics:Engines and Engine Parts,Automotive Drivetrain and Transmission Components
INDUSTRY KEYWORD: AUTOMOTIVE AFTERMARKET
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/27/2018 06:53 AM/DISC: 09/27/2018 06:53 AM