An automobile automatic transmission system also called as the shelf shifting automobile transmission, involves the process of transmitting the power from the engine to the wheels by using automatically changing gear ratios. This helps move the vehicle from one point to another without the need to shift gears manually. Generally, an internal combustion engine with a capacity to rotate at high RPM is used for providing the automatic transmission system. This is primarily because the engine is capable of providing a variety of speed range and torque outputs, which are essential and beneficial when the vehicle moves in heavy traffic condition.
Several factors are responsible for the growth of the global automotive automatic transmission system market, the first one being the shift of population demand from manual to automatic transmission due to ease of operation. Secondly, the system causes less fatigue to the driver in case of comparable distances. Thirdly, all the adults from the family can drive an automatic transmission vehicle thus, making its use multipurpose and more widened. The global automotive automatic transmission system market is expected to expand with a CAGR of approx. 6% (2017 to 2025).
The Global Automotive Automatic Transmission System Market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
As the report focuses on global Automotive Automatic Transmission System Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Magna International
Aisin Seiki
ZF Friedrichshafen
GETRAG
Eaton Corporation
Continental
Allison Transmission
BorgWarner
GKN
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
AMT
CVT
DCT
DSG
Tiptronic Transmission
In Market segmentation by applications :
Passenger Cars
LCV
HCV
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Automatic Transmission System Market for the forecast period 2020 - 2026?
• What are the driving forces in the Automotive Automatic Transmission System Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Automatic Transmission System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?