Gearbox Market by Application, Number of Gears, Electric Vehicle Type,
Off-Highway vehicle, Vehicle Type, Region – Global Forecast to 2025”
report has been added to ResearchAndMarkets.com’s
The global automotive gearbox market is estimated to be USD 103.55
billion in 2018 and is projected to reach USD 138.52 billion by 2025,
growing at a CAGR of 4.24% from 2018 to 2025.
he market growth is primarily driven by the increase in consumer
preference for enhanced driving experience and smooth gear shifting.
However, the increasing demand for battery electric vehicles is
considered as a restraint for the automotive gearbox market as it will
eliminate the need for automotive gearbox.
The automotive gearbox market for automatic transmission is estimated to
grow at the highest rate, in terms of value, during the forecast period.
The growing demand for comfort and convenient driving has led to the
adoption of automatic transmission systems in Asia Pacific and RoW
region, which is driving the automatic transmission
By vehicle type, the passenger cars segment is estimated to hold the
largest market share of the automotive gearbox market. The rise in
production of passenger cars globally, high demand for premium vehicles
and SUVs, and high performance expectation from personal vehicles are
driving the passenger car segment.
Moreover, the global demand for passenger cars is larger than that for
commercial vehicles, and it 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
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).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Gearbox Market, By Application
7 Automotive Gearbox Market, By Number of Gear
8 Automotive Gearbox Market, By Vehicle Type
9 Automotive Gearbox Market, By Electric Vehicle
10 Automotive Gearbox Market, By Off-Highway Vehicle Type
11 Automotive Gearbox Market, By Region
12 Competitive Mapping
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4trzmm/global_automotive?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005680/en/