Automotive Transmission Market Outlook, Size & Share by 2028
The global automotive transmission market size was valued at $62.4 billion in 2023 and is expected to reach $4.2 billion by 2028, at a CAGR of 6.2% during the forecast period. The growth in the automotive transmission market is primarily driven by technological advancements leading to more efficient transmission systems and stringent emissions regulations necessitating the adoption of fuel-efficient...
Automotive Transmission Market Size, Share, Growth & Forecast, Report 2030
The global automotive transmission market is projected to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028, at a CAGR of 6.2% during the forecast period. The growth in the automotive transmission market is primarily driven by technological advancements leading to more efficient transmission systems and stringent emissions regulations necessitating the adoption of fuel-efficient transmission...
Automotive Transmission Market : Growth Opportunities and Industry Outlook
The global automotive transmission market size accounted for $59.9 billion in 2022 and is estimated to achieve a market size of $80.0 billion by 2027, at a CAGR of 6.2 % during the forecast period 2022-2027.
Technological advancements in current generation automotive transmissions, Increasing customer preference for convenience, premium transmissions are further expected to drive the automotive...
Automotive Transmission Market Trends and Future Estimations by 2027
The report “Automotive
Transmission Market by Transmission Type (Manual Transmission,
Automatic Transmission, CVT, DCT, AMT), Fuel Type, Vehicle Type, Hybrid
Vehicle, Two-Wheeler Transmission, Number of Forward Gears and Region – Global
Forecast to 2027″, is projected to reach USD 80.8 billion by 2027 from
USD 59.9 billion in 2022, at a CAGR of 6.2% during the forecast...
Automotive Transmission Market: Growth & Opportunities
The Automotive Transmission Market is projected to grow from USD 59.9 billion in 2022 to USD 80.9 billion by 2027, at a CAGR of 6.2% during the forecast period.
The rising demand for convenience, and comfort from the consumers along with increased demand for fuel-efficient vehicles, and various government campaigns for promoting electric and hybrid vehicles are forcing automotive transmission...