Global Automotive Automatic Transmission (AT) System Market 2017-2021
About Automotive Automatic Transmission System
An automotive automatic transmission (AT) system allows the gears to be automatically changed, without the need for pressing the clutch manually. This type of transmission system is also known as self-shifting transmission or n-speed transmission and provides a wide range of speed and torque output. A vehicle equipped with AT comes equipped with automatic gearboxes, which are devoid of the conventional clutch pedal. Transmission is a key function of vehicle powertrain and is a type of gearbox that transfers the power generated from an internal combustion engine to the wheel axle. An automotive transmission includes the entire drivetrain comprising various components such as a clutch, prop shaft, gearbox, drive shafts, and differentials among others. Currently, different types of transmission systems are used in vehicles that include manual transmission (MT), AT, continuously variable transmission (CVT), and dual-clutch transmission (DCT). Technavio’s analysts forecast the global automotive automatic transmission system market to grow at a CAGR of 6.96% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive automatic transmission system market for 2017-2021. To calculate the market size, the report considers the OEM fitment of AT types.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Automatic Transmission System Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive automatic transmission system market: BorgWarner, ZF Friedrichshafen, Schaeffler, Eaton, Aisin Seiki, Voith, and EXEDY.
Other Prominent Vendors in the market are: Allison Transmission and AVL LIST.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of auto-shift MT system with adaptive transmission control. The automotive market has seen significant developments in the field of powertrain, which are leading to some of the disruptive technologies across the world. As per the present automotive market dynamics, CVTs are replacing hydraulic AT coupled with torque converter. DCTs have also gained market awareness and penetration, which has resulted in their high demand from consumers.”
According to the report, one of the major drivers for this market is AMT system gaining momentum: High potential in APAC economies. AMT has emerged as a cheaper and less sophisticated alternative to hydraulic systems from potential developing economies of Asia, like India or Myanmar. Many global automakers are offering such technologies even in their entry-level cars, considering the demand for such systems as these economies are facing traffic issues for a long period of time.
Further, the report states that one of the major factors hindering the growth of this market is DCT system loses its market edge in US. DCT system became highly popular when it entered the US market owing to its better fuel efficiency and faster gear shifts. It was first launched in Volkswagen Fold to reach out to the mass market. Looking at DCTs demand among the US consumers, other automakers, such as Ford and Fiat, also adopted the emerging trend.
BorgWarner, ZF Friedrichshafen, Schaeffler, Eaton, Aisin Seiki, Voith, EXEDY, Allison Transmission and AVL LIST.
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