HOME Top Market Reports Automotive Transmission Engineering Services Outsourcing Market by Service Type (Designing, Prototyping, Testing, and System Engineering & Integration), Transmission Type (Automatic and Manual), Powertrain (Conventional and Hybrid), and by Region - Global Forecast to 2021

Automotive Transmission Engineering Services Outsourcing Market by Service Type (Designing, Prototyping, Testing, and System Engineering & Integration), Transmission Type (Automatic and Manual), Powertrain (Conventional and Hybrid), and by Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: August 2016
Report Code: AT 4534

 

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The global automotive transmission engineering services outsourcing market is driven by the increased demand for technologically advanced transmission for both, conventional and hybrid cars. Increasingly stringent government regulations related to emission and fuel efficiency have also boosted the growth of the market. The global automotive transmission engineering services outsourcing market is estimated to be USD 9.81 Billion in 2016, and is projected to grow at a CAGR of 5.66% during the forecast period. The base year for the study is 2015, and the forecast period is 2016 to 2021.

The objective of the study is to define, describe, and provide a detailed analysis of the outsourcing of transmission engineering services in the global automotive industry, in terms of value. The report segments the market by service type, transmission type, powertrain type, and region. The primary aim of the research study is to provide an in-depth analysis of the global automotive transmission engineering services outsourcing market, by value, and to provide a detailed analysis of the market dynamics influencing the growth of the market. A detailed study of various market leaders has been conducted, and an extensive analysis of their recent developments, such as mergers & acquisitions and expansions, has been provided in the report.

Various secondary sources, such as company annual reports/presentations, press releases, industry association publications, automotive magazine articles, encyclopedias, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases, have been used to identify and collect information useful for an extensive commercial study of the global automotive transmission engineering services outsourcing market. The primary sources experts from related industries, automobile OEMs, and transmission service providers—have been interviewed to obtain and verify critical information, as well as to assess future prospects and market estimations. Both, the top-down and bottom-up approaches have been used for market estimation and calculation of the automotive transmission engineering services outsourcing market size.

The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Automotive Transmission Engineering Services Outsourcing Market

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The automotive transmission engineering services outsourcing ecosystem consists of various transmission service providers such as Ricardo Plc (U.K.), AVL (Austria), FEV GmbH (Germany), IAV GmbH (Germany), Magna International Inc. (U.S.), and Intertek Group plc (U.K.), along with major transmission manufacturers such as ZF Friedrichshafen AG (Germany), Jatco (Japan), Aisin Seiki Co., Ltd. (Japan), and Getrag (Germany), which integrate the solutions provided by these transmission service providers and according to specifications, manufacture the transmission and sell it to the end-user that is, automotive OEMs.

Target Audience

  • Automotive OEMs
  • Automotive transmission engineering service providers
  • Automotive transmission manufacturers
  • Automotive transmission engineering equipment manufacturers

Scope of the Report

  • By Service Type
    • Designing
    • Prototyping
    • Testing
    • System Engineering and Integration
    • Simulation
  • By Transmission Type
    • Automatic Transmission
    • Manual Transmission
  • By Powertrain
    • Conventional Powertrain
    • Hybrid Powertrain
  • By Region
    • Asia-Pacific
    • North America
    • Europe
    • RoW

    Available Customizations

    • Automotive transmission engineering services outsourcing market, by transmission, at country level
    • Automotive transmission engineering services outsourcing market, by powertrain, at country level
    • Company information
      • Profiling of additional market players (Up to 3)

  • Table of Contents

    1 Introduction (Page No. - 16)
        1.1 Objectives of the Study
        1.2 Market Definition
        1.3 Market Scope
               1.3.1 Markets Covered
               1.3.2 Years Considered for the Study
        1.4 Currency
        1.5 Limitations
        1.6 Stakeholders

    2 Research Methodology (Page No. - 20)
        2.1 Secondary Data
               2.1.1 Key Data From Secondary Sources
        2.2 Primary Data
               2.2.1 Primary Participants
        2.3 Factor Analysis
               2.3.1 Introduction
               2.3.2 Demand Side Analysis
                        2.3.2.1 Impact of GDP on Total Vehicle Sales
                        2.3.2.2 Urbanization Percentage of Key Countries
                        2.3.2.3 Infrastructure: Roadways
                        2.3.2.4 Increasing Vehicle Production in Developing Countries
        2.4 Market Size Estimation
        2.5 Data Triangulation
        2.6 Assumptions

    3 Executive Summary (Page No. - 31)

    4 Premium Insights (Page No. - 39)
        4.1 Introduction
        4.2 Emerging Opportunities in the Automotive Transmission Engineering Services Outsourcing Market
        4.3 Automotive Transmission Engineering Services Outsourcing Market Growth, By Country, 2016–2021 (USD Million)
        4.4 Automotive Transmission Engineering Services Outsourcing Market, By Market Share, 2016
        4.5 Automotive Transmission Engineering Services Outsourcing Market Share, By Transmission Type, 2021
        4.6 Automotive Transmission Engineering Services Outsourcing Market, By Market Share, 2021
        4.7 Automotive Transmission Engineering Services Outsourcing Market, By Powertrain Type, 2016 vs 2021
        4.8 Automotive Transmission Engineering Services Outsourcing Market, By Service Type, 2016 vs 2021

    5 Market Overview (Page No. - 44)
        5.1 Introduction
        5.2 Market Segmentation
               5.2.1 Global Automotive Transmission Market Segmentation: By Region
        5.3 Market Dynamics
               5.3.1 Drivers
                        5.3.1.1 Adequate Supply of Proper Infrastructure and Skilled Human Resources
                        5.3.1.2 Focus on Cost–Benefit Analysis and Adoption of New Advanced Methods
                        5.3.1.3 Focus on Fuel Economy to Meet Stringent Emission Norms
                        5.3.1.4 Collaboration of Leading Auto–Manufacturers With Domestic Players
                        5.3.1.5 Shorter Lifecycle of Transmission
               5.3.2 Restraints
                        5.3.2.1 High Investment in R&D By Oems in Developed Countries
                        5.3.2.2 Lower Penetration of High–End Transmission in Developing Countries
                        5.3.2.3 Stringent Market Access of the Hybrid Transmissions in High Volume Market
                        5.3.2.4 Huge Investment in Continuous Changing Technologies for Transmission
               5.3.3 Opportunities
                        5.3.3.1 Higher Calibration Handles of Ats
                        5.3.3.2 Growing Demand for Electric and Hybrid Transmission
                        5.3.3.3 Asia–Pacific Being the Biggest Market for Transmission Outsourcing Services
                        5.3.3.4 Growing Demand for Improved Automatic Transmission
               5.3.4 Challenge
                        5.3.4.1 Development of New Transmission According to the Current and Upcoming Emission Norms
                        5.3.4.2 Improved Transmission for New Electric Vehicles
                        5.3.4.3 Global Economic Uncertainty
        5.4 Porter’s Five Forces Analysis
               5.4.1 Threat From New Entrants
                        5.4.1.1 Latest Boom in Automotive Industry has Attracted Many Players
                        5.4.1.2 Expertise in Designing and Testing Stages of Transmission Engineering Services
               5.4.2 Threat of Substitutes
                        5.4.2.1 Oems With In–House Transmission Engineering Service Facility
               5.4.3 Bargaining Power of Buyers
                        5.4.3.1 Transmission Service Providers Have Updated Technology
                        5.4.3.2 High Investment Cost
               5.4.4 Bargaining Power of Suppliers
                        5.4.4.1 Long Term Service Contracts
                        5.4.4.2 Upgraded Technology Infrastructure
               5.4.5 Intensity of Competitive Rivalry
                        5.4.5.1 Opportunistic and Highly Competitive
                        5.4.5.2 Huge Number of Service Providers
                        5.4.5.3 Low Number of Customers

    6 Automotive Transmission Engineering Services Outsourcing Market, By Service Type (Page No. - 56)
        6.1 Introduction
        6.2 Designing
        6.3 Prototyping
               6.3.1 Testing
               6.3.2 System Engineering & Integration
               6.3.3 Simulation

    7 Automotive Transmission Engineering Services Outsourcing Market, By Transmission Type (Page No. - 75)
        7.1 Introduction
        7.2 Manual Transmission
        7.3 Automatic Transmission

    8 Automotive Transmission Engineering Services Outsourcing Market, By Powertrain Type (Page No. - 86)
        8.1 Introduction
        8.2 Hybrid Transmission
        8.3 Conventional Transmission

    9 Automotive Transmission Engineering Services Outsourcing Market, By Region (Page No. - 95)
        9.1 Introduction
        9.2 Asia-Pacific
               9.2.1 China
               9.2.2 India
               9.2.3 Japan
               9.2.4 South Korea
        9.3 North America
               9.3.1 U.S.
               9.3.2 Canada
               9.3.3 Mexico
        9.4 Europe
               9.4.1 Germany
               9.4.2 France
               9.4.3 U.K.
        9.5 Rest of the World
               9.5.1 Brazil
               9.5.2 Russia
               9.5.3 Thailand

    10 Competitive Landscape (Page No. - 116)
         10.1 Overview
         10.2 Battle for Market Share: New Product Launches Were the Key Strategy
         10.3 Expansions
         10.4 New Product Launches
         10.5 Joint Ventures
         10.6 Mergers and Acquisitions

    11 Company Profiles (Page No. - 122)
    (Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
         11.1 Avl
         11.2 Ricardo PLC
         11.3 Fev GmbH
         11.4 Magna International
         11.5 IAV
         11.6 Horiba, Ltd
         11.7 Intertek Group PLC
         11.8 Magnetti Marelli S.P.A
         11.9 Porsche Engineering
         11.10 Tata Consultancy Services

    *Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

    12 Appendix (Page No. - 147)
         12.1 Discussion Guide
         12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
         12.3 Introducing RT: Real Time Market Intelligence
         12.4 Available Customizations
                 12.4.1 Automotive Transmission Engineering Services Outsourcing Market, By Transmission, at Country Level
                 12.4.2 Automotive Transmission Engineering Services Outsourcing Market, By Powertrain, at Country Level
                 12.4.3 Company Information
         12.5 Related Reports


    List of Tables (70 Tables)

    Table 1 Global Automotive Transmission Engineering Services Outsourcing Market, By Service Type, 2014–2021 (USD Billion)
    Table 2 Global Automotive Transmission Engineering Services Outsourcing Market, for Designing, By Region, 2014–2021 (USD Million)
    Table 3 Asia-Pacific: Automotive Transmission Engineering Services Outsourcing Market, for Designing, By Country, 2014–2021 (USD Million)
    Table 4 Europe: Automotive Transmission Engineering Services Outsourcing Market for Designing, By Country, 2014–2021 (USD Million)
    Table 5 North America: Automotive Transmission Engineering Services Outsourcing Market, for Designing, By Country, 2014–2021 (USD Million)
    Table 6 Rest of the World: Automotive Transmission Engineering Services Outsourcing Market, for Designing, By Country, 2014–2021 (USD Million)
    Table 7 Global Automotive Transmission Engineering Services Outsourcing Market for Prototyping, By Region, 2014–2021 (USD Million)
    Table 8 Asia-Pacific : Automotive Transmission Engineering Services Outsourcing Market, for Prototyping, By Country, 2014–2021 (USD Million)
    Table 9 Europe: Automotive Transmission Engineering Services Outsourcing Market, for Prototyping, By Country, 2014–2021 (USD Million)
    Table 10 North America: Automotive Transmission Engineering Services Outsourcing Market, for Prototyping, By Country, 2014–2021 (USD Million)
    Table 11 Rest of the World : Automotive Transmission Engineering Services Outsourcing Market, for Prototyping, By Country, 2014–2021 (USD Million)
    Table 12 Global Automotive Transmission Engineering Services Outsourcing Market, for Testing, By Region, 2014–2021 (USD Million)
    Table 13 Asia-Pacific: Automotive Transmission Engineering Services Outsourcing Market, for Testing, By Country, 2014–2021 (USD Million)
    Table 14 Europe : Automotive Transmission Engineering Services Outsourcing Market, for Testing, By Country, 2014–2021 (USD Million)
    Table 15 North America : Automotive Transmission Engineering Services Outsourcing Market, for Testing, By Country, 2014–2021 (USD Million)
    Table 16 Rest of the World: Automotive Transmission Engineering Services Outsourcing Market, for Testing, By Country, 2014–2021 (USD Million)
    Table 17 Global Automotive Transmission Engineering Services Outsourcing Market, for System Engineering & Integration, By Region, 2014–2021 (USD Million)
    Table 18 Asia-Pacific: Automotive Transmission Engineering Services Outsourcing Market, for System Engineering & Integration, By Country, 2014–2021 (USD Million)
    Table 19 Europe: Automotive Transmission Engineering Services Outsourcing Market, for System Engineering & Integration, By Country, 2014–2021 (USD Million)
    Table 20 North America : Automotive Transmission Engineering Services Outsourcing Market, for System Engineering & Integration, By Country, 2014–2021 (USD Million)
    Table 21 Rest of the World : Automotive Transmission Engineering Services Outsourcing Market, for System Engineering & Integration, By Country, 2014–2021 (USD Million)
    Table 22 Global Automotive Transmission Engineering Services Outsourcing Market, for Simulation, By Region, 2014–2021 (USD Million)
    Table 23 Asia-Pacific : Automotive Transmission Engineering Services Outsourcing Market, for Simulation, By Country, 2014–2021 (USD Million)
    Table 24 Europe : Automotive Transmission Engineering Services Outsourcing Market, for Simulation, By Country, 2014–2021 (USD Million)
    Table 25 North America : Automotive Transmission Engineering Services Outsourcing Market, for Simulation, By Country, 2014–2021 (USD Million)
    Table 26 Rest of the World : Automotive Transmission Engineering Services Outsourcing Market, for Simulation, By Country, 2014–2021 (USD Million)
    Table 27 Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Billion)
    Table 28 Manual Transmission: Automotive Transmission Engineering Services Outsourcing Market Size, By Region, 2014–2021 (USD Million)
    Table 29 Asia-Pacific: Manual Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 30 Europe: Manual Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 31 North America: Manual Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 32 Rest of the World: Manual Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 33 Automatic Transmission: Automotive Transmission Engineering Services Outsourcing Market Size, By Region, 2014–2021 (USD Million)
    Table 34 Asia-Pacific: Automatic Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 35 North America: Automatic Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 36 Europe: Automatic Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 37 Rest of the World: Automatic Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 38 Automotive Transmission Engineering Services Outsourcing Market Size, By Powertrain Type, 2014–2021 (USD Billion)
    Table 39 Hybrid Transmission: Automotive Transmission Engineering Services Outsourcing Market Size, By Region, 2014–2021 (USD Million)
    Table 40 Asia-Pacific: Hybrid Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 41 Europe: Hybrid Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 42 North America: Hybrid Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 43 Rest of the World: Hybrid Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 44 Conventional Transmission: Automotive Transmission Engineering Services Outsourcing Market Size, By Region, 2014–2021 (USD Billion)
    Table 45 Asia-Pacific: Conventional Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 46 Europe: Conventional Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 47 North America: Conventional Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 48 Rest of the World: Conventional Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 49 Automotive Transmission Engineering Services Outsourcing Market Size, By Region, 2014–2021 (USD Billion)
    Table 50 Asia-Pacific: Automotive Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 51 China: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 52 India: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 53 Japan: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 54 South Korea: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 55 North America: Automotive Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 56 U.S.: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 57 Canada: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 58 Mexico: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 59 Europe: Automotive Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 60 Germany: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 61 France: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 62 U.K.: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 63 Rest of the World: Automotive Transmission Engineering Services Outsourcing Market Size, By Country, 2014–2021 (USD Million)
    Table 64 Brazil: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 65 Russia: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 66 Thailand: Automotive Transmission Engineering Services Outsourcing Market Size, By Transmission Type, 2014–2021 (USD Million)
    Table 67 Expansion, 2011–2016
    Table 68 New Product Development, 2010–2016
    Table 69 Joint Ventures, 2010–2016
    Table 70 Merger and Acquisition, 2012–2016


    List of Figures (59 Figures)

    Figure 1 Automotive Transmission Engineering Services Outsourcing Market: Markets Covered
    Figure 2 Research Design
    Figure 3 Research Design Model
    Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
    Figure 5 Gross Domestic Product (GDP) vs Passenger Vehicle Sales in 2014-2015
    Figure 6 Urbanization Percentage and Pc Sales in 2014 vs 2015
    Figure 7 Road Networks of Key Countries
    Figure 8 Passenger Car Production, 2014 vs 2015
    Figure 9 Market Size Estimation Methodology: Top–Down Approach
    Figure 10 Market Size Estimation Methodology: Bottom–Up Approach
    Figure 11 Automotive Transmission Engineering Services Outsourcing Market, By Region, 2016 & 2021
    Figure 12 Asia-Pacific Projected to Be the Fastest Growing Market During the Forecast Period (2016–2021)
    Figure 13 Automotive Transmission Engineering Services Outsourcing Market, By Country: Germany Projected to Be the Largest Market By 2021
    Figure 14 Automotive Transmission Engineering Services Outsourcing Market, By Transmission Type (2016–2021)
    Figure 15 Automatic Transmission to Register the Highest CAGR During the Forecast Period (2016–2021)
    Figure 16 Automotive Transmission Engineering Services Outsourcing Market, By Service Type: Designing to Incur the Highest Cost in 2016
    Figure 17 Automotive Transmission Engineering Services Outsourcing Market, By Powertrain Type, 2016 & 2021: Hybrid Powertrain to Register the Highest Growth During the Forecast Period
    Figure 18 Growing Demand for Hybrid Transmission to Drive the Automotive Transmission Engineering Services Outsourcing Market (2016–2021)
    Figure 19 China, Germany, & India Estimated to Witness the Highest Growth During the Forecast Period (2016–2021)
    Figure 20 North America & Asia-Pacific to Dominate the Automatic & Manual Transmission Engineering Services Outsourcing Markets, Respectively in 2016
    Figure 21 Asia-Pacific to Dominate the Manual Transmission Engineering Services Outsourcing Market By 2021
    Figure 22 North America & Asia-Pacific to Dominate the Automatic & Manual Transmission Engineering Services Outsourcing Markets, Respectively By 2021
    Figure 23 Conventional Cars Estimated to Dominate the Automotive Transmission Engineering Services Outsourcing Market During the Forecast Period
    Figure 24 Designing Projected to Account for the Largest Share in the Automotive Transmission Engineering Services Outsourcing Market in 2016
    Figure 25 Automotive Transmission Engineering Services Outsourcing Market: Market Segmentation
    Figure 26 Increasing Demand for Better Performance & Higher Efficiency Will Push the Market for Transmission Engineering Services
    Figure 27 Porter’s Five Forces Analysis
    Figure 28 Automotive Transmission Engineering Services Outsourcing Market, By Service Type, 2016 vs 2021 (USD Billion)
    Figure 29 Europe Holds A Major Share in the Global Automotive Transmission Engineering Outsourcing Market for Design Services, 2016-2021
    Figure 30 Asia-Pacific Estimated to Grow at Highest CAGR for Prototype Outsourcing Services, 2016–2021
    Figure 31 Europe is Projected to Hold the Highest Share in Transmission Testing Outsourcing Market, 2016–2021
    Figure 32 Asia-Pacific Region is Estimated to Grow With Highest CAGR for Outsourcing of System Engineering & Integration, 2016–2021
    Figure 33 Outsourcing of Simulation Services to Registered Highest CAGR in Asia-Pacific Region, 2016–2021
    Figure 34 Automatic Transmission Segment Expected to Grow at the Highest CAGR During the Forecast Period (USD Billion)
    Figure 35 Projected Market Share of Automatic Transmission for 2021, USD Billion
    Figure 36 Projected Market Share of Manual Transmission for 2021, USD Billion
    Figure 37 Asia-Pacific Estimated to Account for the Largest Share in the Manual Transmission Engineering Services Outsourcing Market, 2016–2021
    Figure 38 Asia-Pacific & Europe Estimated to Be Major Markets for the Outsourcing of Manual Transmission Engineering Services, 2016
    Figure 39 North America Estimated to Account for the Largest Share in the Automatic Transmission Engineering Services Outsourcing Market in 2016
    Figure 40 North America Estimated to Dominate the Automatic Transmission Segment in 2016 (USD Billion)
    Figure 41 Automotive Transmission Engineering Services Outsourcing Market, By Powertrain Type, 2016 vs 2021 (USD Billion)
    Figure 42 Asia-Pacific: Estimated to Grow at the Highest CAGR During the Forecast Period (2016–2021)
    Figure 43 Asia-Pacific : Emerging Market Opportunities for the Automotive Transmission Engineering Services Outsourcing Market
    Figure 44 Chinese Automotive Transmission Engineering Services Outsourcing Market Projected to Register the Highest Growth By 2021
    Figure 45 North America: Automotive Transmission Engineering Services Outsourcing Market Trends
    Figure 46 U.S.: Adoption of Automatic Transmission in the U.S. Estimated to Increase Owing to the Rising Need for Comfort While Driving, 2016–2021
    Figure 47 Europe: Automotive Transmission Engineering Services Outsourcing Market Trends
    Figure 48 Germany Automotive Transmission Engineering Services Outsourcing Market: at to Grow at the Highest CAGR, 2016-2021
    Figure 49 Rest of the World: Automotive Transmission Engineering Services Outsourcing Market Trends, at to Register Highest CAGR in the Forecast Period, 2016–2021
    Figure 50 Brazil : Automatic Transmission Engineering Services Outsourcing Market, Brazil Projected to Grow at the Highest CAGR in Forecast Period
    Figure 51 Companies Adopted New Product Launch and Expansion as the Key Growth Strategy From 2010 to 2016
    Figure 52 Market Evaluation Framework: Expansion Fuelled Market Growth From 2010 to 2016
    Figure 53 Ricardo PLC : Company Snapshot
    Figure 54 Magna International : Company Snapshot
    Figure 55 IAV: Company Snapshot
    Figure 56 Horiba Pvt Ltd : Company Snapshot
    Figure 57 Intertek Group PLC: Company Snapshot
    Figure 58 Magneti Marelli S.P.A : Business Overview
    Figure 59 Tata Consultancy Services : Company Snapshot

    The global automotive transmission engineering services outsourcing market is projected to grow at a CAGR of 5.66% during the forecast period, to reach USD 12.92 Billion by 2021, from an estimated USD 9.81 Billion in 2016. The base year for the report is 2015, and the forecast year is 2021. The increasing sales of passenger cars, stringent emission norms, and adoption of new technologies such as hybrid transmission are driving the automotive transmission engineering services outsourcing market.

    Hybrid transmission services are projected to witness the fastest growth during the forecast period, owing to the increased demand for fuel-efficient vehicles and stringent emission norms. New government regulations to control pollution levels have led to multiple subsidies and tax benefits for automotive manufacturers as well as customers to promote the sales of hybrid cars. This has boosted the market for hybrid transmission engineering services.

    Automatic transmission is estimated to be the fastest-growing segment of the automotive transmission engineering services outsourcing market, in terms of transmission type. This growth can be attributed to the high demand for fuel efficiency and smooth gear shifting and the rising income levels of citizens in developing nations. Other factors contributing to this growth are the increasing demand for automatic transmission such as automated manual transmission (AMT), dual clutch transmission (DCT), and continuously variable transmission (CVT), which offer fuel efficiency similar to that of manual transmission and are not as expensive as conventional automatic transmission, in countries such as India, China, Germany, and Brazil.

    Asia-Pacific is estimated to account for the largest share in the global automotive transmission engineering services outsourcing market; however, at a country-level, Germany is the largest market for such services, owing to its advanced technological infrastructure and the presence of luxury car manufacturers such as Mercedes-Benz, BMW, Volkswagen, and Audi.

    Automotive Transmission Engineering Services Outsourcing Market

    The increasing demand for fuel-efficient vehicles, availability of low-cost skilled labor, progressively stringent government regulations, and growing focus of OEMs on expanding in Asia-Pacific are the key factors contributing to the growth of the automotive transmission engineering services market in this region.

    A major market restraint considered in the study is the high investments made by automotive OEMs in R&D, which enable them to design and test the transmission internally, thereby limiting the growth of the market for the outsourcing of transmission engineering services. The low penetration of high-end automatic transmission in countries such as China, Germany, and India is another hurdle for transmission service providers. Countries in Asia-Pacific and Europe are more inclined towards manual transmission, while passenger cars with automatic transmission are generally preferred in North American countries. The global automotive transmission engineering services outsourcing market comprises many international as well as domestic players, including Ricardo Plc (U.K.), AVL (Austria), IAV GmbH (Germany), FEV GmbH (Germany), and Intertek Group plc (U.K.).

    To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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