Automotive automatic transmission, also called as auto/self-shifting transmission, refers to a transmission system that is capable of changing automatically as the vehicle starts moving. Unlike manual transmission systems, automatic transmission eliminates the need for human intervention for gear shifting thereby providing better comfort to the driver. The history of automatic transmission dates back to early 1920s (invented by Alfred Horner Munro, Canadian steam engineer. Ever since, automatic transmission systems are being implemented at a significant rate, majorly across the passenger vehicles segment. The adoption rate of automatic transmission is, however, low majorly due to the added cost of the vehicle.
The most prominent advantage of using automatic transmission is the immense comfort offered by automatic transmission systems. Using automatic transmission, it becomes highly convenient for learners to use vehicles. The only part where concentration is need is road conditions and vehicle speed. With the rising overall automotive industry coupled with discretionary income of the people worldwide, the market is estimated to witness substantial growth during the forecast period. Another major advantage is consistent fuel efficiency offered by these systems. Although manual transmission is more fuel efficient as compared to the automatic counterpart, the overall efficiency largely depends upon the nature of driving. Since automatic transmission is designed to automatically shift gear depending upon the road conditions (bumps, mountains etc.), the overall fuel efficiency of automatic transmission is quite consistent.
The report titled “Global Automotive Automatic Transmission Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global automotive automatic transmission market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on fuel type, vehicle class and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading automotive automatic transmission vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Continental AG, Aisin Seiki Co., Ltd., ZF Friedrichshafen, BorgWarner, Inc., Delphi Automotive, Eaton Corporation, Magna International, Fiat Powertrain Technologies, Tremec and others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the automotive industry
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Trailing 2-Year market size data (2015 – 2016)
- SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global automotive automatic transmission market, offering market size and estimates for the period from 2016 to 2024, keeping in mind the above mentioned factors.
