HOME Top Market Reports Advanced Gear Shifter System Market for Automotive by Technology (Automatic Shifter, Shift-by-Wire), Component (CAN Module, ECU, Solenoid Actuator), Vehicle Type (Light Duty Vehicles, Commercial Vehicles), EV Type, and Region - Global Forecast to 2025

Advanced Gear Shifter System Market for Automotive by Technology (Automatic Shifter, Shift-by-Wire), Component (CAN Module, ECU, Solenoid Actuator), Vehicle Type (Light Duty Vehicles, Commercial Vehicles), EV Type, and Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: July 2018
Report Code: AT 6449

 

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The global advanced gear shifter system market for automotive was valued at USD 10.19 billion in 2017 and is projected to grow at a CAGR of 3.64% during the forecast period, to reach USD 13.50 billion by 2025. In this study, 2017 has been considered the base year, and 2018–2025 the forecast period, for estimating the size of the market for automotive.

The report analyzes and forecasts the market size, by value (USD million), of the advanced gear shifter system market for automotive. The report segments the market for automotive and forecasts its size, by region, technology, component, vehicle, and electric vehicle type. The report also provides a detailed analysis of various forces acting in the market including drivers, restraints, opportunities, and challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.

The research methodology used in the report involves various secondary sources such as National Highway Traffic Safety Administration (NHTSA), GENIVI Alliance, Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Experts from related industries, advanced gear shifter system suppliers for automotive, and manufacturers have been interviewed to understand the future trends in the advanced gear shifter system market for automotive. The market size of the individual segments was determined through various secondary sources such as industry associations, white papers, and journals. The vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up approach has been used to estimate and validate the size of the global market for automotive. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

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

Advanced Gear Shifter System Market for Automotive

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the advanced gear shifter system market for automotive consists of manufacturers such as ZF (Germany), Kongsberg (Norway), Dura Automotive (US), Ficosa (Spain), and Stoneridge (US), and research institutes such as Colorado Off-highway Vehicle Coalition (COHVCO), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Target Audience

  • Advanced gear shifter system manufacturers
  • Automobile organizations/associations
  • Automotive transmission manufacturers
  • Compliance regulatory authorities
  • Government agencies
  • Investors and Venture Capitalists (VCs)
  • Raw material suppliers for advanced gear shifter system
  • Traders, distributors, and suppliers of advanced gear shifter system for automotive

Scope of the Report

  • Advanced Gear Shifter System Market for Automotive, By Region
    • North America
    • Europe
    • Asia Pacific
    • South America
    • Middle East & Africa
  • Market for Automotive, By Technology
    • Automatic Shifter
    • Shift-by-wire
  • Market for Automotive, By Component
    • CAN Module
    • Electronic Control Unit (ECU)
    • Solenoid Actuator
    • Others
  • Market for Automotive, By Vehicle
    • Light-Duty Vehicle
    • Commercial Vehicle
  • Market for Automotive, By Electric Vehicle
    • Battery Electric Vehicle (BEV)
    • Fuel Cell Electric Vehicle (FCEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  1. Detailed analysis and profiling of additional market players (up to 3)
  2. Detailed analysis of advanced gear shifter system for automotive by technology for commercial vehicle market
  3. Detailed analysis of advanced gear shifter system for automotive aftermarket

Growing demand for shift-by-wire technology to drive the market for global advanced gear shifter system for automotive close to USD 14 billion by 2025

Shift-by-wire (SBW) is the widely used technology among automotive advanced shifters system. Although, SBW finds high adoption rate among luxury passenger cars this technology is making its way into mainstream economy passenger cars. A lot of economic light duty vehicles that run with automated manual transmission are using SBW technology as the gear actuation system in order to provide convenience of drive. Additionally, this technology is most suited for hybrid electric vehicle and helps improve the operation of the start-stop and regenerative braking system. This trend is one of the key driving force propelling the demand for advance gear shifter system market.

The global advanced gear shifter system for automotive market is projected to grow at a CAGR of 3.64% during the forecast period. The growth of the automotive advanced shifter system market depends on the factors mentioned below: Increasing sales of mid-size and luxury class vehicles in developing countries

  • Increasing demand for vehicles with automatic and semi-automatic transmission
  • Development of x-by-wire technology used in modern vehicles
  • Expansion of leading OEMs and automotive component suppliers in low-cost countries and developing economies
  • Innovation and development in the field of automotive artificial intelligence

Market Dynamics

Drivers

  • Increasing use of x-by-wire technology
  • Advantage of accurate and quick responding gear actuation

Restraints

  • Less reliability and more complexity of an advanced shifter

Opportunities

  • Increasing preference for automatic & hybrid transmission in developing countries
  • Haptics Shifters in future vehicles

Challenges

  • Developing automotive industry in emerging markets

Advanced Gear Shifter System Market for Automotive

Critical Questions:

  • Advanced gear shifter system is at the growth stage of product life cycle in developing economies. How the penetration rate of this system will change according to vehicle segments?
  • How x-by-wire technology will help OEM for the development of autonomous and semi-autonomous vehicles?
  • In which regions, companies can create new revenue pockets for short as well as long term?

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Product and Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency Exchange Rates
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primary Interviews
           2.1.3 Sampling Techniques & Data Collection Methods
           2.1.4 Primary Participants
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Market Opportunities in the Advanced Gear Shifter System Market
    4.2 Market, By Region
    4.3 Market, By Technology
    4.4 Market, By Vehicle Type
    4.5 Market, By Component
    4.6 Market, By Electric Vehicle

5 Market Overview (Page No. - 31)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Use of X-By-Wire Technology
                    5.2.1.2 Advantage of Accurate and Quick Responding Gear Actuation
           5.2.2 Restraints
                    5.2.2.1 Less Reliability and More Complexity of an Advanced Shifter
           5.2.3 Opportunities
                    5.2.3.1 Increasing Preference for Automatic & Hybrid Transmission in Developing Countries
                    5.2.3.2 Haptics Shifter in Future Vehicles
           5.2.4 Challenges
                    5.2.4.1 Developing Automotive Industry in Emerging Markets

6 Advanced Gear Shifter System Market, By Technology (Page No. - 38)
    6.1 Introduction
    6.2 Automatic Shifter
    6.3 Shift-By-Wire (SBW)

7 Advanced Gear Shifter System Market, By Component (Page No. - 43)
    7.1 Introduction
    7.2 Can Module
    7.3 Electronic Control Unit (ECU)
    7.4 Solenoid Actuator
    7.5 Others

8 Advanced Gear Shifter System Market, By Vehicle Type (Page No. - 48)
    8.1 Introduction
    8.2 Light-Duty Vehicles (LDV)
           8.2.1 Economy Class
           8.2.2 Mid-Size Class
           8.2.3 Luxury Class
    8.3 Commercial Vehicles (CV)

9 Advanced Gear Shifter System Market, By Electric Vehicle (Page No. - 55)
    9.1 Introduction
    9.2 Battery Electric Vehicle (BEV)
    9.3 Fuel Cell Electric Vehicle (FCEV)
    9.4 Plug-In Hybrid Electric Vehicle (PHEV)

10 Advanced Gear Shifter System Market, By Region (Page No. - 61)
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China
             10.2.2 Japan
             10.2.3 India
             10.2.4 South Korea
             10.2.5 Rest of Asia Pacific
     10.3 Europe
             10.3.1 France
             10.3.2 Germany
             10.3.3 Italy
             10.3.4 Russia
             10.3.5 Spain
             10.3.6 UK
             10.3.7 Rest of Europe
     10.4 North America
             10.4.1 Canada
             10.4.2 Mexico
             10.4.3 US
     10.5 South America
             10.5.1 Argentina
             10.5.2 Rest of South America
     10.6 Middle East & Africa
             10.6.1 Iran
             10.6.2 South Africa
             10.6.3 Rest of Middle East & Africa

11 Competitive Landscape (Page No. - 87)
     11.1 Introduction
     11.2 Market Ranking Analysis
     11.3 Competitive Situation & Trends
             11.3.1 New Product Developments
             11.3.2 Expansions
             11.3.3 Mergers & Acquisitions
             11.3.4 Partnerships/Supply Contracts/Collaborations/Joint Ventures

12 Company Profiles (Page No. - 92)
(Overview, Products Offered, Recent Developments, and SWOT Analysis)*
     12.1 ZF
     12.2 Kongsberg Automotive
     12.3 Stoneridge
     12.4 Fuji Kiko
     12.5 Dura
     12.6 Ficosa
     12.7 Kόster
     12.8 Kostal
     12.9 GHSP
     12.10 Orscheln Products
     12.12 Eissmann Group Automotive
     12.13 Silatech SRL
     12.14 Atsumitec
     12.15 Delta Kogyo
     12.16 M&T Allied Technologies

*Details on Overview, Products Offered, Recent Developments, and SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 114)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
             13.4.1 Additional Company Profiles
                        13.4.1.1 Business Overview
                        13.4.1.2 SWOT Analysis
                        13.4.1.3 Recent Developments
                        13.4.1.4 MnM View
                        13.4.1.5 Who–Supplies–Whom Data
             13.4.2 Detailed Analysis of Automotive Applications
             13.4.3 Detailed Analysis of Automotive Terminal in Off-Highway Vehicles
             13.4.4 Detailed Analysis of Aftermarket
     13.5 Related Reports
     13.6 Author Details


List of Tables (89 Tables)

Table 1 Currency Exchange Rates (WRT USD)
Table 2 Automotive Advance Shifter System Market: Who-Suppliers-Whom
Table 3 Advanced Gear Shifter System Market, By Technology, 2016–2025 (Million Units)
Table 4 Market, By Technology, 2016–2025 (USD Million)
Table 5 Automatic Shifter: Market, By Region, 2016–2025 (Million Units)
Table 6 Automatic Shifter: Market, By Region, 2016–2025 (USD Million)
Table 7 Shift-By-Wire: Market, By Region, 2016–2025 (Million Units)
Table 8 Shift-By-Wire: Market, By Region, 2016–2025 (USD Million)
Table 9 Market, By Component, 2016–2025 (USD Million)
Table 10 Can Module: Market, By Region, 2016–2025 (USD Million)
Table 11 ECU: Market, By Region, 2016–2025 (USD Million)
Table 12 Solenoid Actuator: Market, By Region, 2016–2025 (USD Million)
Table 13 OthersMarket, By Region, 2016–2025 (USD Million)
Table 14 Advanced Gear Shifter System Market, By Vehicle Type, 2016–2025 (Million Units)
Table 15 Market, By Vehicle Type, 2016–2025 (USD Million)
Table 16 Economy Class: Market, By Region, 2016–2025 (Million Units)
Table 17 Economy Class: Market, By Region, 2016–2025 (USD Million)
Table 18 Mid-Size Class: Market, By Region, 2016–2025 (Million Units)
Table 19 Mid-Size Class: Market, By Region, 2016–2025 (USD Million)
Table 20 Luxury Class: Market, By Region, 2016–2025 (Million Units)
Table 21 Luxury Class: Market, By Region, 2016–2025 (USD Million)
Table 22 Commercial Vehicles: Market, By Region, 2016–2025 (Million Units)
Table 23 Commercial Vehicles: Market, By Region, 2016–2025 (USD Million)
Table 24 Market, By Electric Vehicle Type, 2016–2025 (Thousand Units)
Table 25 Market, By Electric Vehicle Type, 2016–2025 (USD Million)
Table 26 BEV: Market, By Region, 2016–2025 (Thousand Units)
Table 27 BEV: Market, By Region, 2016–2025 (USD Thousand)
Table 28 FCEV: Market, By Region, 2016–2025 (Thousand Units)
Table 29 FCEV: Market, By Region, 2016–2025 (USD Thousand)
Table 30 PHEV: Market, By Region, 2016–2025 (Thousand Units)
Table 31 PHEV: Market, By Region, 2016–2025 (USD Thousand)
Table 32 Advanced Gear Shifter System Market, By Region, 2016–2025 (Million Units)
Table 33 Market, By Region, 2016–2025 (USD Million)
Table 34 Asia Pacific: Market, By Country, 2016–2025 (Million Units)
Table 35 Asia Pacific: Market, By Country, 2016–2025 (USD Million)
Table 36 China: Market, By Technology, 2016–2025 (Million Units)
Table 37 China: Market, By Technology, 2016–2025 (USD Million)
Table 38 Japan: Market, By Technology, 2016–2025 (Million Units)
Table 39 Japan: Market, By Technology, 2016–2025 (USD Million)
Table 40 India: Market, By Technology, 2016–2025 (Million Units)
Table 41 India: Market, By Technology, 2016–2025 (USD Million)
Table 42 South Korea: Market, By Technology, 2016–2025 (Million Units)
Table 43 South Korea: Market, By Technology, 2016–2025 (USD Million)
Table 44 Rest of Asia Pacific: Market, By Technology, 2016–2025 (Million Units)
Table 45 Rest of Asia Pacific: Market, By Technology, 2016–2025 (USD Million)
Table 46 Europe: Market, By Country, 2016–2025 (Million Units)
Table 47 Europe: Market, By Country, 2016–2025 (USD Million)
Table 48 France: Market, By Technology, 2016–2025 (Million Units)
Table 49 France: Market, By Technology, 2016–2025 (USD Million)
Table 50 Germany: Advanced Gear Shifter System Market, By Technology, 2016–2025 (Million Units)
Table 51 Germany: Market, By Technology, 2016–2025 (USD Million)
Table 52 Italy: Market, By Technology, 2016–2025 (Million Units)
Table 53 Italy: Market, By Technology, 2016–2025 (USD Million)
Table 54 Russia: Market, By Technology, 2016–2025 (Million Units)
Table 55 Russia: Market, By Technology, 2016–2025 (USD Million)
Table 56 Spain: Market, By Technology, 2016–2025 (Million Units)
Table 57 Spain: Market, By Technology, 2016–2025 (USD Million)
Table 58 UK: Market, By Technology, 2016–2025 (Million Units)
Table 59 UK: Market, By Technology, 2016–2025 (USD Million)
Table 60 Rest of Europe: Market, By Technology, 2016–2025 (Million Units)
Table 61 Rest of Europe: Market, By Technology, 2016–2025 (USD Million)
Table 62 North America: Market, By Country, 2016–2025 (Million Units)
Table 63 North America: Market, By Country, 2016–2025 (USD Million)
Table 64 Canada: Market, By Technology, 2016–2025 (Million Units)
Table 65 Canada: Market, By Technology, 2016–2025 (USD Million)
Table 66 Mexico: Market, By Technology, 2016–2025 (Million Units)
Table 67 Mexico: Market, By Technology, 2016–2025 (USD Million)
Table 68 US: Market, By Technology, 2016–2025 (Million Units)
Table 69 US: Market, By Technology, 2016–2025 (USD Million)
Table 70 South America: Advanced Gear Shifter System Market, By Country, 2016–2025 (Million Units)
Table 71 South America: Market, By Country, 2016–2025 (USD Million)
Table 72 Argentina: Market, By Technology, 2016–2025 (Million Units)
Table 73 Argentina: Market, By Technology, 2016–2025 (USD Million)
Table 74 Brazil: Market, By Technology, 2016–2025 (Million Units)
Table 75 Brazil: Market, By Technology, 2016–2025 (USD Million)
Table 76 Rest of South America: Market, By Technology, 2016–2025 (Million Units)
Table 77 Rest of South America: Market, By Technology, 2016–2025 (USD Million)
Table 78 Middle East & Africa: Market, By Country, 2016–2025 (Million Units)
Table 79 Middle East & Africa: Market, By Country, 2016–2025 (USD Million)
Table 80 Iran: Market, By Technology, 2016–2025 (Million Units)
Table 81 Iran: Market, By Technology, 2016–2025 (USD Million)
Table 82 South Africa: Market, By Technology, 2016–2025 (Million Units)
Table 83 South Africa: Market, By Technology, 2016–2025 (USD Million)
Table 84 Rest of Middle East & Africa: Market, By Technology, 2016–2025 (Million Units)
Table 85 Rest of Middle East & Africa: Advanced Gear Shifter System Market, By Technology, 2016–2025 (USD Million)
Table 86 New Product Developments, 2016–2017
Table 87 Expansions, 2017–2018
Table 88 Mergers & Acquisitions, 2015–2017
Table 89 Partnerships/Joint Ventures/Supply Contracts/Collaborations, 2015–2016


List of Figures (35 Figures)

Figure 1 Advanced Gear Shifter System Market: Market Segmentation
Figure 2 Market: Research Design
Figure 3 Research Design Model
Figure 4 Market: Bottom-Up Approach
Figure 5 Data Triangulation
Figure 6 Product Lifecycle for Vehicle Gear Shifters
Figure 7 Market: Market Dynamics
Figure 8 Market: Market Size
Figure 9 Increasing Use of X-By-Wire Technology to Drive the Market, 2018 vs 2025 (USD Billion)
Figure 10 Asia Pacific is Estimated to Lead the Market, 2018 vs 2025 (USD Billion)
Figure 11 Shift-By-Wire Market is Estimated to Lead the Market, 2018 vs 2025 (USD Billion)
Figure 12 Light-Duty Vehicle is Estimated to Lead the Market, 2018 vs 2025 (USD Billion)
Figure 13 Solenoid Actuator is Estimated to Lead the Market, 2018 vs 2025 (USD Billion)
Figure 14 BEV is Estimated to Lead the Market, 2018 vs 2025 (USD Million)
Figure 15 Product Lifecycle for Vehicle Gear Shifters
Figure 16 Light Duty Vehicles Production, By Vehicle Class, 2016–2025
Figure 17 Advanced Gear Shifter System Market: Market Dynamics
Figure 18 Increasing Use of Shift-By-Wire Technology in Vehicles, 2016–2025
Figure 19 Carbon Emissions From Various Road Transportation, 2017
Figure 20 Shift-By-Wire Technology to Account for the Largest Market Share During the Forecast Period, 2018 vs 2025 (USD Million)
Figure 21 Solenoid Actuator to Account for the Largest Market Share During the Forecast Period, 2018 vs 2025 (USD Million)
Figure 22 Luxury Class of LDV Segment to Surpass Economy Class By 2025, 2018 vs 2025 (USD Million)
Figure 23 Asia Pacific to Dominate the Market, 2018 vs 2025 (USD Million)
Figure 24 Asia Pacific: Market Snapshot
Figure 25 North America: Market Snapshot
Figure 26 Companies Adopted Supply Contracts as Key Growth Strategy Between 2015 and 2018
Figure 27 Advanced Gear Shifter System Market Ranking: 2017
Figure 28 ZF: Company Snapshot
Figure 29 ZF: SWOT Analysis
Figure 30 Kongsberg Automotive: Company Snapshot
Figure 31 Kongsberg: SWOT Analysis
Figure 32 Stoneridge: Company Snapshot
Figure 33 Stoneridge: SWOT Analysis
Figure 34 Fuji Kiko: Company Snapshot
Figure 35 Kόster: Company Snapshot

The global advanced gear shifter system market for automotive is estimated to be USD 10.51 billion in 2018 and is projected to grow at a CAGR of 3.64% during the forecast period, to reach USD 13.50 billion by 2025. The key growth driver for the market is the increasing use of x-by-wire technology in the vehicle. The evolution of x-by-wire technology, which is an essential basic component of semi-autonomous and autonomous vehicles, can create new revenue generation opportunities for automotive advanced gear shifter system manufacturers. Currently, shift-by-wire technology is widely used in all classes of vehicles. The trend is expected to continue in the future.

The global advanced gear shifter system market for automotive is segmented by technology, component, vehicle, electric vehicle, and region. The report discusses two advanced gear shifter technologies for automotive, namely, automatic shifter and shift-by-wire. The shift-by-wire technology is estimated to account for the largest share of the market for automotive. The growth of this technology is driven by the increasing adoption of shift-by-wire in vehicles with automatic and semi-automatic transmission in developing economies.

The automatic shifter segment is estimated to be the fastest growing market for advanced gear shifter system market for automotive, by technology. Automatic shifter technology is mostly used in luxury and ultra-premium vehicles. The automatic shifter segment is estimated to experience significant growth due to the increased sales of luxury vehicles across the globe.

The CAN module segment is estimated to be the fastest growing market for advanced gear shifter system market for automotive, by component. CAN module is used for communication in modern vehicles. As vehicles are getting increasingly smart, the use of CAN module is also increasing day by day.

The light-duty vehicle segment is projected to be the largest market for advanced gear shifter system for automotive, by vehicle type. Advanced gear shifter technologies such as automatic shifter and shift-by-wire are extensively used in mid-size and economy class segments of light-duty vehicles. On the other hand, automatic shifters are used in luxury vehicles. Increasing sales of mid-size and luxury class vehicles is driving the growth of light-duty vehicle segment.

The extensive study has been done on five key regions, namely, Asia Pacific, Europe, North America, South America, and the Middle East & Africa.

Advanced Gear Shifter System Market for Automotive

The Asia Pacific market is projected to hold the largest market share and is estimated to grow at a significant CAGR during the forecast period. The market growth in the region can be attributed to the increase in vehicle production and adoption of advanced gear shifter technology in vehicles. Expansion of leading OEMs and automotive component suppliers in developing economies such as China and India is also projected to drive the growth in this region.

A major restraint for the global advanced gear shifter system market for automotive is the less reliability and more complexity of an advanced gear shifter. Because of the complexity of design and mechanism, these shifters are not easily repaired. Some of the major players in the global market for automotive are Dura Automotive (US), Ficosa (Spain), Kongsberg Automotive (Norway), and ZF (Germany). The last chapter of this report covers a comprehensive study of the key vendors operating in the market for automotive. The evaluation of market players is done by taking several factors into account, such as new product development, R&D expenditure, business strategies, product revenue, and organic and inorganic growth.

The increasing demand for automatic and hybrid transmission to create tremendous growth opportunities for supply-side players.

Electronic Control Unit (ECU)

The Electronic control unit (ECU) is the most important component of advanced gear shifter system for automotive. The ECU acts like a brain of the advanced shifter as it takes all the decisions of actuation of gear according to the situation. Increasing vehicle production in regions such as Asia Pacific and North America is expected to drive the market for ECU.

CAN Module

CAN stands for controlled area network. CAN is a standard platform used to communicate between two devices without the use of a host computer. CAN module is considered as one of the most important components of advanced gear shifters used in automotive. The Asia Pacific region is expected to dominate the market for CAN module used in advanced gear shifter. As vehicles in Asia Pacific countries continue to get technologically advanced, the use of advanced gear shifters is likely to increase in the region in the future.

Solenoid Actuator

Solenoid actuator, also known as gear shift solenoid, is a critical component of advanced gear shifter system. It is directly attached to the transmission for gear actuation. Increasing number of vehicles with automatic and automated manual transmission is expected to drive the market for solenoid actuator in the Asia Pacific region. As an early adopter of automatic transmission in vehicles, North America is estimated to be the second largest market for solenoid actuator in the advanced gear shifter system for automotive.

Others

Automotive advanced shifters system includes minor components in addition to ECUs, CAN module, and solenoid actuator. Other components include small length of the wiring harness, gear shifter lever, gear shifter knob, electronics cockpit displays, etc. These components are easily available in the aftermarket and are therefore easy to repair. Increasing vehicle production is driving the growth of other component segment of automotive advanced shifter system market in the Asia Pacific region.

With modern technologies making inroads in the cabin of a vehicle, driver distraction has become a huge issue. Due to this, automakers are focusing on creating safe and innovative ways to keep the driver’s eye on the road and hands on steering wheel and shifter. In this endeavor, automakers are replacing mechanical controls with a capacitive touch button, slider, and knob. One of the ways to solve this problem is solved by the haptics technology to all these devices. The haptics technology gives tactile feedback to the input signal with the help of vibrations. GHSP, a US-based mobility solution company, along with Ultrahaptics (UK), the global leader in haptics technology, developed and showcased a haptics shifter at the CES 2018.

Critical Questions would be:

  • Currently OEMs have applied ECU consolidation to the top line luxury vehicles. How much time this technology will take to hit mainstream vehicles?
  • As a vehicle evolves from a hardware–driven machine to a software–defined electronic device. Which strategies will the players in the ecosystem apply to explore new revenues pockets?

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

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