HOME Top Market Reports Automotive Gearbox Market by Application (Automatic Transmission, Automated Manual Transmission, Dual Clutch Transmission, Manual), Number of Gears (3–5, 6–8, above 8), Electric Vehicle Type, Off-Highway vehicle, Vehicle Type, Region - Global Forecast to 2025

Automotive Gearbox Market by Application (Automatic Transmission, Automated Manual Transmission, Dual Clutch Transmission, Manual), Number of Gears (3–5, 6–8, above 8), Electric Vehicle Type, Off-Highway vehicle, Vehicle Type, Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: June 2018
Report Code: AT 6362

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The automotive gearbox market was valued at USD 99.74 Billion in 2017 and is projected to reach USD 138.52 Billion by 2025, at a CAGR of 4.24% during the forecast period. The base year for the report is 2017 and the forecast period is 2018 to 2025.

Objectives of the report

  • To define, segment, and forecast the automotive gearbox market (2018–2025), in terms of volume (thousand units) and value (USD million)
  • To provide detailed analyses of the various forces acting in the automotive gearbox market (drivers, restraints, opportunities, and challenges)
  • To segment the automotive gearbox market and forecast its size, by application, number of gears, vehicle type, electric vehicle, off-highway vehicle, and region (Asia Pacific, Europe, North America, and the Rest of the World)
  • To segment the automotive gearbox market and forecast the market size, by volume and value, based on application automatic transmission (AT), automated manual transmission (AMT), dual clutch transmission (DCT), and manual transmission
  • To segment the automotive gearbox market and forecast the market size, by volume and value, based on the number of gears 3–5, 6–8, and above 8
  • To segment the automotive gearbox market and forecast the market size, by volume and value, based on vehicle type passenger cars, light commercial vehicles, trucks, and buses
  • To segment the automotive gearbox market and forecast the market size, by volume and value, based on electric vehicle type HEVs, and PHEVs
  • To segment the automotive gearbox market and forecast the market size, by volume and value, based on off-highway vehicles agricultural tractors and construction equipment
  • To track and analyze competitive developments in the market, 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 primary and secondary sources and follows a bottom-up approach for data triangulation. The study involves the country-level OEM and model-wise analysis of automotive gearbox market. This analysis involves historical trends as well as existing market penetrations, by country as well as vehicle type. The analysis is projected based on various factors such as growth trends in vehicle production and adoption rate by OEMs. The analysis has been discussed with and validated by primary respondents, which include experts from the automotive industry, manufacturers, and suppliers. Secondary sources include associations such as China Association of Automobile Manufacturers (CAAM), International Organization of Motor Vehicle Manufacturers (OICA), European Automobile Manufacturers Association (ACEA), Environmental Protection Agency (EPA), Society of Indian Automotive Manufacturers, SAE International, and paid databases and directories such as Factiva.

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

Automotive Gearbox Market

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

The ecosystem of the automotive gearbox market consists of automotive gearbox manufacturers such as ZF Friedrichshafen (Germany), Aisin Seiki (Japan), Magna (Getrag) (Canada), Schaeffler (Germany), Eaton (Ireland), and BorgWarner (US). The automotive gearboxes are supplied to the automotive OEMs.

Target Audience

  • Automotive gearbox manufacturers
  • Automotive component manufacturers
  • Automotive powertrain manufacturers
  • Transmission components manufacturers
  • E-drive system manufacturers
  • Industry associations and experts
  • Raw material suppliers for automotive gearbox manufacturers
  • The automobile industry as an end-user, traders, distributors, and suppliers of automotive gearbox

Scope of the Report

  • Automotive Gearbox Market, By Application
    • Automatic Transmission (AT)
    • Automated Manual Transmission (AMT)
    • Dual Clutch Transmission (DCT)
    • Manual Transmission
  • Automotive Gearbox Market, By Number of Gears
    • 3–5
    • 6–8
    • Above 8
  • Automotive Gearbox Market, By Vehicle Type
    • Passenger Cars
    • LCVs
    • Trucks
    • Buses
  • Automotive Gearbox Market, By Electric Vehicle Type
    • HEV
    • PHEV
  • Automotive Gearbox Market, By Off- Highway Vehicle Type
    • Agricultural Tractors
    • Construction Equipment
  • Automotive Gearbox Market, By Region
    • Asia Pacific (China, India, Japan, South Korea, and RoA)
    • Europe (Germany, France, Italy, Spain, UK, and RoE)
    • North America (US, Mexico, and Canada)
    • Rest of the World (Brazil, Russia, and South Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance with company-specific needs.

The following customization options are available for the report:

  • Additional company profiles
    • Business Overview
    • SWOT analysis
    • Recent developments
    • MnM view
  • Detailed Analysis of gearbox by application
  • Detailed Analysis of gearbox by vehicle type

Table of Contents

1 Introduction (Page No. - 15)
    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 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Data Triangulation
    2.5 Market Size Estimation
    2.6 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in the Automotive Gearbox Market
    4.2 Automotive Gearbox Market, By Region
    4.3 Automotive Gearbox Market, By Application
    4.4 Automotive Gearbox Market, By Number of Gear
    4.5 Automotive Gearbox Market, By Vehicle Type
    4.6 Automotive Gearbox Market, By Off-Highway Vehicle Type
    4.7 Automotive Gearbox Market, By Electric Vehicle Type

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Consumer Preference for Enhanced Driving Experience and Smooth Gear Shifting
           5.2.2 Restraints
                    5.2.2.1 Increasing Demand for Battery Electric Vehicles Will Eliminate the Need for Automotive Gearbox
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for at and AMTS in Hcvs
           5.2.4 Challenges
                    5.2.4.1 Emergence of CVT as A Key Technology

6 Automotive Gearbox Market, By Application (Page No. - 42)
    6.1 Introduction
    6.2 Automatic Transmission (AT)
    6.3 Automated Manual Transmission (AMT)
    6.4 Dual Clutch Transmission (DCT)
    6.5 Manual Transmission (MT)

7 Automotive Gearbox Market, By Number of Gear (Page No. - 49)
    7.1 Introduction
    7.2 3–5 Gears
    7.3 6–8 Gears
    7.4 Above 8 Gears

8 Automotive Gearbox Market, By Vehicle Type (Page No. - 55)
    8.1 Introduction
    8.2 Passenger Cars
    8.3 Light Commercial Vehicles
    8.4 Trucks
    8.5 Buses

9 Automotive Gearbox Market, By Electric Vehicle (Page No. - 62)
    9.1 Introduction
    9.2 HEV
    9.3 PHEV

10 Automotive Gearbox Market, By Off-Highway Vehicle Type (Page No. - 68)
     10.1 Introduction
     10.2 Agricultural Tractors
     10.3 Construction Equipment

11 Automotive Gearbox Market, By Region (Page No. - 73)
     11.1 Introduction
     11.2 Asia Pacific
             11.2.1 China
             11.2.2 India
             11.2.3 Japan
             11.2.4 South Korea
             11.2.5 Rest of Asia Pacific (RoA)
     11.3 Europe
             11.3.1 France
             11.3.2 Germany
             11.3.3 Italy
             11.3.4 Spain
             11.3.5 UK
             11.3.6 Rest of Europe (RoE)
     11.4 North America
             11.4.1 Canada
             11.4.2 Mexico
             11.4.3 US
     11.5 Rest of the World
             11.5.1 Brazil
             11.5.2 Russia
             11.5.3 South Africa

12 Competitive Mapping (Page No. - 105)
     12.1 Overview
     12.2 Market Ranking Analysis
     12.3 Competitive Situation & Trends
             12.3.1 New Product Developments
             12.3.2 Expansions
             12.3.3 Partnerships/Supply Contracts/Collaborations/ Joint Ventures
             12.3.4 Acquisitions/Agreements

13 Company Profiles (Page No. - 113)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Zf Friedrichshafen
     13.2 Aisin Seiki
     13.3 Magna (Getrag)
     13.4 Schaeffler
     13.5 Borgwarner
     13.6 Eaton
     13.7 Allison Transmission
     13.8 Continental
     13.9 Jatco
     13.10 Magneti Marelli
     13.11 GKN
     13.12 Bonfiglioli
     13.13 Hyundai Dymos
     13.14 Oerlikon Graziano
     13.15 Punch Powertrain
     13.16 Tremec
     13.17 Avtec
     13.18 Aichi Machine Industry
     13.19 Fuji Machinery Co. Ltd.
     13.20 Hewland

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

14 Appendix (Page No. - 142)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real Time Market Intelligence
     14.4 Available Customizations
             14.4.1 Additional Company Profiles
                        14.4.1.1 Business Overview
                        14.4.1.2 SWOT Analysis
                        14.4.1.3 Recent Developments
                        14.4.1.4 MnM View
             14.4.2 Detaled Analysis of Gearbox By Automotive Application
             14.4.3 Detaled Analysis of Gearbox By Vehicle Type
     14.5 Related Reports
     14.6 Author Details


List of Tables (98 Tables)

Table 1 Currency Exchange Rates (WRT USD)
Table 2 Comparison Between at and MT Systems
Table 3 Automotive Gearbox Market, By Application, 2016–2025 (‘000 Units)
Table 4 Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 5 Automatic Transmission: Automotive Gearbox Market, By Region, 2016–2025 (‘000 Units)
Table 6 Automatic Transmission: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 7 Automated Manual Transmission: Automotive Gearbox Market, By Region, 2016–2025 (‘000 Units)
Table 8 Automated Manual Transmission: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 9 Dual Clutch Transmission: Automotive Gearbox Market, By Region, 2016–2025 (‘000 Units)
Table 10 Dual Clutch Transmission: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 11 Manual Transmission: Automotive Gearbox Market, By Region, 2016–2025 (‘000 Units)
Table 12 Manual Transmission: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 13 Automotive Gearbox Market, By Number of Gears, 2016–2025 (Thousand Units)
Table 14 Automotive Gearbox Market, By Number of Gears, 2016–2025 (USD Million)
Table 15 3–5 Gears: Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 16 3–5 Gears: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 17 6–8 Gears: Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 18 6–8 Gears: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 19 Above 8 Gears: Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 20 Above 8 Gears: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 21 Automotive Gearbox Market, By Vehicle Type, 2016–2025 (Thousand Units)
Table 22 Automotive Gearbox Market, By Vehicle Type, 2016–2025 (USD Million)
Table 23 Passenger Car: Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 24 Passenger Car: Gearbox Market, By Region, 2016–2025 (USD Million)
Table 25 Light Commercial Vehicles: Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 26 Light Commercial Vehicles: Gearbox Market, By Region, 2016–2025 (USD Million)
Table 27 Trucks Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 28 Trucks Gearbox Market, By Region, 2016–2025 (USD Million)
Table 29 Buses Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 30 Buses Gearbox Market, By Region, 2016–2025 (USD Million)
Table 31 Automotive Gearbox Market, By Electric Vehicle, 2016–2025 (Thousand Units)
Table 32 Automotive Gearbox Market, By Electric Vehicle, 2016–2025 (USD Million)
Table 33 Hev: Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 34 Hev: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 35 Phev: Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 36 Phev: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 37 Automotive Gearboxmarket: By Off-Highway Vehicle Type, 2016–2025 (Thousand Units)
Table 38 Automotive Gearbox Market, By Off-Highway Vehicle Type, 2016–2025 (USD Million)
Table 39 Agricultural Tractors: Automotive Gearbox Market Size, By Region, 2016–2025 (Thousand Units)
Table 40 Agricultural Tractors: Automotive Gearbox Market Size, By Region, 2016–2025 (USD Million)
Table 41 Construction Equipment: Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 42 Construction Equipment: Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 43 Automotive Gearbox Market, By Region, 2016–2025 (Thousand Units)
Table 44 Automotive Gearbox Market, By Region, 2016–2025 (USD Million)
Table 45 Asia Pacific: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 46 Asia Pacific: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 47 Asia Pacific: Automotive Gearbox Market, By Country, 2016–2025 (Thousand Units)
Table 48 Asia Pacific: Automotive Gearbox Market, By Country, 2016–2025 (USD Million)
Table 49 China: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 50 China: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 51 India: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 52 India: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 53 Japan: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 54 Japan: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 55 South Korea: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 56 South Korea: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 57 RoA: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 58 RoA: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 59 Europe: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 60 Europe: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 61 Europe: Automotive Gearbox Market, By Country, 2016–2025 (Thousand Units)
Table 62 Europe: Automotive Gearbox Market, By Country, 2016–2025 (USD Million)
Table 63 France: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 64 France: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 65 Germany: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 66 Germany: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 67 Italy: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 68 Italy: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 69 Spain: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 70 Spain: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 71 UK: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 72 UK: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 73 RoE: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 74 RoE: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 75 North America: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 76 North America: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 77 North America: Automotive Gearbox Market, By Country, 2016–2025 (Thousand Units)
Table 78 North America: Automotive Gearbox Market, By Country, 2016–2025 (USD Million)
Table 79 Canada: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 80 Canada: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 81 Mexico: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 82 Mexico: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 83 US: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 84 US: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 85 RoW: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 86 RoW: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 87 Rest of the World (RoW): Automotive Gearbox Market, By Country, 2016–2025 (Thousand Units)
Table 88 Rest of the World (RoW): Automotive Gearbox Market, By Country, 2016–2025 (USD Million)
Table 89 Brazil: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 90 Brazil: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 91 Russia: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 92 Russia: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 93 South Africa: Automotive Gearbox Market, By Application, 2016–2025 (Thousand Units)
Table 94 South Africa: Automotive Gearbox Market, By Application, 2016–2025 (USD Million)
Table 95 New Product Developments, 2014–2018
Table 96 Expansions, 2014–2018
Table 97 Partnerships/Supply Contracts/Collaborations/Joint Ventures, 2014–2018
Table 98 Acquisitions/Agreements, 2015–2018


List of Figures (40 Figures)

Figure 1 Automotive Gearbox Market: Segmentations Covered
Figure 2 Automotive Gearbox Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Automotive Gearbox Market: Bottom-Up Approach
Figure 6 Automatic Transmission Segment to Be the Fastest Growing Automotive Gearbox Market, 2018 vs 2025 (USD Billion)
Figure 7 Passenger Cars Segment to Be the Largest Automotive Gearbox Market, 2018 vs 2025 (USD Billion)
Figure 8 PHEVS to Be the Fastest Growing Automotive Gearbox Market, 2018 vs 2025 (USD Billion)
Figure 9 6–8 Gears Segment to Be the Largest Automotive Gearbox Market, 2018 vs 2025 (USD Billion)
Figure 10 Asia Pacific to Hold the Largest Share of the Automotive Gearbox Market, By Region, 2018 vs 2025 (USD Billion)
Figure 11 Agricultural Tractors Segment to Drive the Growth of the Automotive Gearbox Market, 2018 vs 2025 (USD Billion)
Figure 12 Increasing Consumer Preference for Enhanced Driving Experience and Smooth Gear Shifting to Drive the Automotive Gearbox Market, 2018–2025
Figure 13 Asia Pacific is Expected to Hold the Largest Share of the Automotive Gearbox Market, By Value, 2018–2025
Figure 14 Battery System is Estimated to Be the Fastest Growing Market By Application, 2018 vs 2025 (USD Billion)
Figure 15 6–8 Gear Segment to Hold the Largest Market Share, 2018 vs 2025
Figure 16 Passenger Cars Segment is Estimated to Be the Largest Segment of the Automotive Gearbox Market, By Value, 2018 vs 2025 (USD Billion)
Figure 17 Agricultural Tractor Segment is Estimated to Be the Largest Market for Automotive Gearbox, By Off-Highway Vehicle Type, 2018 vs 2025 (USD Billion)
Figure 18 HEV Segment is Estimated to Be the Largest Market for Automotive Gearbox, 2018 vs 2025 (USD Million)
Figure 19 BEV Sales in Key Regions, 2017–2022
Figure 20 Global Automotive Gearbox Market, By Application, 2018 vs 2025 (USD Million)
Figure 21 Automotive Gearbox Market, By Number of Gears, 2018 vs 2025 (Thousand Units)
Figure 22 Automotive Gearbox Market, By Vehicle Type, 2018 vs 2025 (Thousand Units)
Figure 23 Automotive Gearbox Market, By Electric Vehicle, 2018 vs 2025 (USD Million)
Figure 24 Off-Highway Vehicles: Automotive Gearbox Market, 2018 vs 2025 (USD Million)
Figure 25 Automotive Gearbox Market, By Region, 2018 vs 2025
Figure 26 Asia Pacific: Automotive Gearbox Market Snapshot
Figure 27 Europe: Automotive Gearbox Market, By Country, 2018 vs 2025 (Thousand Units)
Figure 28 North America: Automotive Gearbox Market Snapshot
Figure 29 Rest of the World (RoW): Automotive Gearbox Market, By Country, 2018 vs 2025 (Thousand Units)
Figure 30 Key Developments By Leading Players in the Automotive Gearbox Market, 2014–2018
Figure 31 Automotive Gearbox Market Ranking: 2017
Figure 32 Company Snapshot: ZF Friedrichshafen
Figure 33 Company Snapshot: Aisin Seiki
Figure 34 Company Snapshot: Magna (Getrag)
Figure 35 Company Snapshot: Schaeffler
Figure 36 Company Snapshot: Borgwarner
Figure 37 Company Snapshot: Eaton
Figure 38 Company Snapshot: Allison Transmission
Figure 39 Company Snapshot: Continental
Figure 40 Company Snapshot: Jatco

The automotive gearbox market is projected to grow at a CAGR of 4.24% from 2018 to 2025. The market for automotive gearbox is estimated to be USD 103.55 Billion in 2018 and is projected to reach USD 138.52 Billion by 2025. The increasing preference for enhanced driving experience and smooth gear shifting is driving the growth of the automotive gearbox market.

Plug-in Hybrid Electric Vehicle (PHEV) is projected to be the fastest growing segment of the automotive gearbox market, by electric vehicle. PHEV segment is estimated to have the highest growth potential in the gearbox market across the globe. Growing environmental concerns, rising fossil fuel prices, and stringent government regulations for emission have accelerated the growth of the electric vehicles market.

By vehicle type, the passenger cars segment is estimated to hold the largest share of the automotive gearbox market. The rise in the production of passenger cars globally, high demand for premium vehicles and SUVs, and expectation of high performance from personal vehicles are fueling the growth of this market. The global demand for passenger cars is larger than that for commercial vehicles and is expected to grow further in the future. Additionally, factors such as the sizeable number of luxury light-duty vehicles in Europe and North America and the increasing demand for these vehicles in the Asia Pacific region are increasing the demand for automotive gearbox.

By number of gears, the above 8 gears gearbox segment is estimated to grow at the highest rate during the forecast period. This type is mostly used in commercial and off-highway vehicles which require a high degree of durability. Factors such as the development of infrastructure and increasing demand for commercial vehicles for freight transport are driving the growth of this segment.

By off-highway vehicle type, the construction equipment vehicle segment is estimated to be the fastest growing segment of automotive gearbox market. Infrastructure development, especially in countries such as China and India, is supporting the growth of this market.

Automotive Gearbox Market

Asia Pacific is estimated to be the largest market for automotive gearbox, in terms of value. The Asia Pacific region is estimated to be the most promising market for automotive gearbox in the next five years due to strong growth in the passenger car sales year on year. Demand in the developing countries such as India and China is driving the growth of the automotive gearbox market in the region.

The increasing demand for battery electric vehicles can hamper the growth of automotive gearbox market. Gearbox is not used in these vehicles. Instead, electric vehicles use electric motor and e-drive for the torque transmission.

Some of the key players in the automotive gearbox market are ZF Friedrichshafen (Germany), Aisin Seiki (Japan), Magna (Getrag) (Canada), Schaeffler (Germany), and BorgWarner (US).

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

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Engine and Exhaust Systems Markets on KnowledgeStore
Request Demo