Automotive Automatic Transmission Market Size, Trends [2031]

Automotive Automatic Transmission Market Size, Trends [2031]

Segments - Automotive Automatic Transmission Market by Types (Automatic Transmission, Automated Manual Transmission, Continuously Variable Transmission, and Dual Clutch Transmission), Fuel Types (Gasoline, Diesel, and Hybrid), Vehicle Types (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031

https://growthmarketreports.com/akash
Author : Akash Vedpathak
https://growthmarketreports.com/Vineet
Fact-checked by : Vineet Pandey
https://growthmarketreports.com/Shruti
Editor : Shruti Bhat

Upcoming | Report ID :AL-3106 | 4.2 Rating | 84 Reviews | 202 Pages | Format : PDF Excel PPT

Report Description


Automotive Automatic Transmission Market Outlook 2031

The global automotive automatic transmission market size was USD 59.9 Billion in 2022 and is anticipated to reach USD 102.93 Billion by 2031 expand at a significant CAGR 6.2% during the forecast period, 2023-2031. The growth of the market is attributed to rising vehicle production across developing nations such as China, India, and Brazil.

An automatic transmission (AT) is also known as self-shifting transmission or dual pedal technology
. AT is a multi-speed transmission used in motor vehicles that doesn’t require driver to shift gears. It generally involves a transmission, axle, and differential in one integrated assembly, thus technically becoming a transaxle.

Global Automotive Automatic Transmission Market Outlook

The COVID-19 pandemic negative impacted the automotive industry due to closedown of the manufacturing facilities. However, the relaxation in restrictions is estimated to positively influence the market growth.

  • Rising consumer preference for enhanced driving experience in terms of smooth gear shifting and improved acceleration is projected to drive the market growth during the forecast period.
  • Increasing demand for self-shifting automobile transmission is expected to boost the market growth in the coming years.
  • Growing demand for lightweight transmission systems is projected to drive the market growth during the forecast period.
  • High cost of advanced transmission systems is estimated to restrict the market growth in the coming years.
  • Growing demand for hybrid vehicles can create lucrative opportunities during the forecast period.

Scope of The Automotive Automatic Transmission Market Report

The report on the global automotive automatic transmission market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automotive Automatic Transmission MarketGlobal Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Automatic Transmission, Automated Manual Transmission, Continuously Variable Transmission, and Dual Clutch Transmission), Fuel Types (Gasoline, Diesel, and Hybrids), and Vehicle Types (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)

Regions

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

ZF Friedrichshafen AG; Continental AG; Eaton Corporation PLC; Magna International Inc.; and Aisin Seiki Co Ltd.

Automotive Automatic Transmission Market Segment Insights

Automated manual transmissions segment to hold a significant market share

Based on types, the market is divided into automatic transmission, automated manual transmission, continuously variable transmission, and dual clutch transmissions. The automatic transmission segment is anticipated to hold a key share of the market in the coming years due to easy of use. However, the automated manual transmission segment is anticipated to expand at a rapid pace during the forecast period owing to demand for comfortable driving and better fuel economy of vehicles.

Global Automotive Automatic Transmission Market Types

Diesel segment is expected to grow at a rapid pace

On the basis of fuel types, the market is divided into gasoline, diesel, and hybrid. The gasoline is expected to represent a major share of the market in the coming years due to easy to refuel, light-weight, and lesser emissions. On the other hand, the diesel segment is anticipated to expand at a rapid pace during the forecast period owing to most efficient and energy dense fuel.

Heavy commercial vehicles segment is anticipated to hold a large market share

In terms of vehicles types, the market is bifurcated into passenger cars, light commercial vehicles, and heavy commercial vehicles. The light commercial vehicles segment is anticipated to hold a key share of the market in the coming years due to improvement in fuel efficiency, reduced environmental pollution, and fuel costs. However, the heavy commercial vehicles segment is anticipated to expand at a rapid pace during the forecast period.

Automotive Automatic Transmission Market Vehicle Types

North America is estimated to account a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period due to increasing demand for automatic transmission cars and SUVs in the past three years.

However, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the worsening road conditions, advancements in technology, growing preference toward economy and convenience, and rising demand for fuel-efficient cars.

Global Automotive Automatic Transmission Market Region

Segments

The global automotive automatic transmission market has been segmented on the basis of

Types

  • Automatic Transmission
  • Automated Manual Transmission
  • Continuously Variable Transmission
  • Dual Clutch Transmission

Fuel Types

  • Gasoline
  • Diesel
  • Hybrid

Vehicle Types

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the automotive automatic transmission market includes ZF Friedrichshafen AG; Continental AG; Eaton Corporation PLC; Magna International Inc.; and Aisin Seiki Co Ltd.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Global Automotive Automatic Transmission Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Automatic Transmission Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Automatic Transmission Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Automatic Transmission Market - Supply Chain
  4.5. Global Automotive Automatic Transmission Market Forecast
     4.5.1. Automotive Automatic Transmission Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Automatic Transmission Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Automatic Transmission Market Absolute $ Opportunity
5. Global Automotive Automatic Transmission Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Automotive Automatic Transmission Market Size and Volume Forecast by Types
     5.3.1. Automatic Transmission
     5.3.2. Automated Manual Transmission
     5.3.3. Continuously Variable Transmission
     5.3.4. Dual Clutch Transmission
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Automatic Transmission Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Automatic Transmission Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Automatic Transmission Demand Share Forecast, 2019-2026
7. North America Automotive Automatic Transmission Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automotive Automatic Transmission Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Automatic Transmission Market Size and Volume Forecast by Types
     7.4.1. Automatic Transmission
     7.4.2. Automated Manual Transmission
     7.4.3. Continuously Variable Transmission
     7.4.4. Dual Clutch Transmission
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Automatic Transmission Demand Share Forecast, 2019-2026
8. Latin America Automotive Automatic Transmission Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Automatic Transmission Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Automatic Transmission Market Size and Volume Forecast by Types
     8.4.1. Automatic Transmission
     8.4.2. Automated Manual Transmission
     8.4.3. Continuously Variable Transmission
     8.4.4. Dual Clutch Transmission
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Automatic Transmission Demand Share Forecast, 2019-2026
9. Europe Automotive Automatic Transmission Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automotive Automatic Transmission Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Automatic Transmission Market Size and Volume Forecast by Types
     9.4.1. Automatic Transmission
     9.4.2. Automated Manual Transmission
     9.4.3. Continuously Variable Transmission
     9.4.4. Dual Clutch Transmission
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Automatic Transmission Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Automatic Transmission Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Automatic Transmission Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Automatic Transmission Market Size and Volume Forecast by Types
     10.4.1. Automatic Transmission
     10.4.2. Automated Manual Transmission
     10.4.3. Continuously Variable Transmission
     10.4.4. Dual Clutch Transmission
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Automatic Transmission Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Automatic Transmission Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Automatic Transmission Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Automatic Transmission Market Size and Volume Forecast by Types
     11.4.1. Automatic Transmission
     11.4.2. Automated Manual Transmission
     11.4.3. Continuously Variable Transmission
     11.4.4. Dual Clutch Transmission
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Automatic Transmission Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Automatic Transmission Market: Market Share Analysis
  12.2. Automotive Automatic Transmission Distributors and Customers
  12.3. Automotive Automatic Transmission Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. ZF Friedrichshafen AG
     12.4.2. Continental AG
     12.4.3. Eaton Corporation PLC
     12.4.4. Magna International Inc.
     12.4.5. Aisin Seiki Co Ltd.

Methodology

Our Clients

Siemens Healthcare
sinopec
General Mills
General Electric
Honda Motor Co. Ltd.
The John Holland Group
Nestle SA
Microsoft