DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vhkqs5/automotive) has announced the addition of the "Automotive Transmission Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" report to their offering.
This market research study analyzes the automotive transmission market on a global level and provides estimates in terms of revenue (USD million) from 2015 to 2021. It gives a comprehensive overview of the automotive transmission market from all the important strategic perspectives.
Growing demand for lower carbon emissions is driving the automotive transmission system market. Low penetration of advanced transmission system in regional markets like India, Brazil, and Mexico is restraining the automotive transmission system market. End users in India and Pakistan still prefer manual transmission over automatic transmissions. Moreover, variants with automatic transmission are costlier than manual transmissions and this is restraining the automotive transmission market. Growing demand for advanced transmission systems in the entry level vehicle segment is expected to drive the market.
Asia Pacific led the global automotive transmission market. Macro factors like low cost labor, favorable government policies towards the automotive industry are factors driving the automotive transmission market in the region. Asia Pacific is both the largest producer and the biggest transmission market in terms of value due to presence of countries like China, India, South Korea and Japan.
Most of the automotive OEMs have their established manufacturing facilities in China due to low cost of labor and to cater to the high demand from automotive sector in this region. Asia Pacific is followed by Europe in the global automotive transmission market. Automotive transmission market in Europe is dominated by manual transmission. Increase in demand for comfort, fuel efficiency and stringent emission norms are expected to drive the automotive transmission market.
Companies Profiled:
- Magna International Inc.
- Eaton Corporation
- Continental AG
- ZF Friedrichshafen
- Allison Transmission
- BorgWarner Inc.
- Aisin SEIKI Co. Ltd.
- GKN PLC
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Overview
Chapter 4 Global Automotive Transmission Market: By Transmission Type
Chapter 5 Global Automotive Transmission Market: By Fuel Type
Chapter 6 Global Automotive Transmission Market: By Types of Vehicles
Chapter 7 Global Automotive Transmission Market -By Region
Chapter 8 Company Profiles
For more information visit http://www.researchandmarkets.com/research/vhkqs5/automotive