Automobile Transmission Manufacturing in the US
The success of the Automobile Transmission Manufacturing industry is closely linked to the performance of motor vehicle manufacturers. Over the five years to 2017, domestic vehicle production in the United States has accelerated due to an improving economy. Rising discretionary income, coupled with greater financing opportunities, has driven consumers to purchase new vehicles. In turn, demand for transmissions shifted into high gear. However, demand started to slow during the latter half of the period and in turn, industry operators experienced overcapacity issues. Therefore, in the five years to 2017, industry revenue is expected to climb slightly as sluggish demand is expected to hamper growth. In the five years to 2022, revenue for the Automobile Transmission Manufacturing industry is anticipated to rise at the same rate as the previous five-year period due to the stabilizing of the economy.
Companies in this industry manufacture transmissions for motor vehicles (cars and light, medium and heavy-duty trucks), parts for transmissions and powertrain parts. Industry products include clutches, gears, differentials and axle bearings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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