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Published bySakshi Bhargava Modified over 5 years ago
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Global Automotive Transmission Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by Vehicle Type Compact Cars, Mid-Size Cars, Luxury Cars, SUVs, LCV, HCV, Electric Vehicles Market Segments by Transmission Type Automatic and Manual Market Segments by Engine Type IC Engine and Electric Vehicle Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Aisin Seiki, Robert Bosch, ZF Friedrichshafen, Continental, Magna, Eaton Corporation, GKN, Jatco, Borg Warner, Schaeffler Trend Growth Rate and CAGR13.4% Key Industry Forecast The global automotive transmission market is expected to reach an estimated $526.1 billion by 2024 with a CAGR of 13.4% from 2019 to 2024. Key Industry Driver Driver: increasing vehicle production and growing demand for lightweight transmission systems to enhance the driving experience. 2
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Industry Overview Market Size The global automotive transmission market is expected to reach an estimated $526.1 billion by 2024 with a CAGR of 13.4% from 2019 to 2024. Emerging trends, which have a direct impact on the dynamics of the automotive transmission industry, include the introduction of more efficient automatic transmission and increasing demand for hybrid and dual clutch transmission. Market Size (2024)$526.1 billion CAGR (2019-24)13.4% 3 Industry Performance : Forecast
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