Automobile Transmission Manufacturing in the US - Industry Market Research Report

Automobile Transmission Manufacturing in the US - Industry Market Research Report

Automobile Transmission Manufacturing in the US

The Automobile Transmission Manufacturing industry has grown slightly over the five years to 2019. The industry is directly linked to the performance of motor vehicle manufacturers. Over the past five years, domestic vehicle production increased, despite a decrease in the number of new car sales during the current period. Rising discretionary income, coupled with greater financing opportunities, has boosted consumer sentiment, driving consumers to purchase big-ticket items such as cars. Over the five years to 2024, revenue for the industry is anticipated to rise slightly, albeit at a decelerated rate. While most strong macroeconomic conditions are expected to persist, waning consumer sentiment and increased borrowing costs are expected to cause demand for automobiles to stagnate.

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.

MAJOR COMPANIES

American Axle & Manufacturing Holdings, Inc.

Dana Inc.

Borgwarner Inc.

Aw North Carolina, Inc.