Automotive Transmission Systems Market
                     Automotive Transmission Systems Market leading manufacturers with latest trends forecast to 2026 
Market Overview 
Automotive transmission system transmits power to drive the engine. It includes various transmission 
components such as gears, shafts, and other parts, which function together for movement of device. 
There are two type of transmission system automatic transmission and manual transmission, which are 
types of motor vehicle. In automatic transmission, gear ratios change automatically as the vehicle moves 
and in manual transmission, the gear ratio change manually. The growing demand for vehicles, in turn, is 
increasing the growth of the automotive transmission system market. 
Increasing demand for all types of vehicle is driving the growth of the automotive transmission system 
market. Moreover, increasing per capita income of individuals in emerging countries such as India and 
China has led to increase in spending on fuel efficient vehicles which is further boosting the market of 
transmission systems. According to International Organization of Motor Vehicle Manufacturers statistics 
(OICA), in 2016, total number of vehicles manufactured was around 94.9 million worldwide, which is 
expected to fuel the market growth during the forecast period. Automatic and semi-automatic 
transmission systems used in the vehicle are expected to drive growth of automotive transmission 
market, as these transmission systems are expected to replace conventional mechanism. Transmission 
technologies such as dual clutch transmission and continuous variable transmission have a high market 
potential due to their fuel efficiency. 
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Market Dynamics 
On the basis of geography, the automotive transmission system market is segmented into North 
America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is the fastest growing market for the 
automotive transmission due to increasing disposable income of the population in the region, which has 
led to the rise in sales of vehicles and relevant systems. According to Coherent Market Insights, Asia 
Pacific held dominant position in the passenger cars segment. For instance, according to OICA, 
passenger car sales in the region was valued at around US$ 39.4 million in 2016. Out of these, sales in 
China was valued at US$ 24.3 million. Europe held a considerable market share in automotive 
transmission system market due to DCT-equipped cars and light commercial vehicles. According to OICA, 
registrations or sales of new vehicles sales in the region was valued at around US$ 20.1 million in 2016 
and the requirement followed by US$ 20.9 million in 2017 
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Key players operating in the automotive transmission systems market include Getrag Corporate Group, 
Aisin Seiki Co., ZF Friedrichshafen AG, Jatco Ltd., General Motors, GKN PLC, Magna Powertrain, Eaton 
Corporation, Honda Transmission Manufacturing of America Inc., and Allison Transmission Inc. 
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