Global Commercial Vehicle Transmission Market 2020-2024

Global Commercial Vehicle Transmission Market 2020-2024

Technavio has been monitoring the commercial vehicle transmission market and it is poised to grow by 0.36 mn units during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on commercial vehicle transmission market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adoption of AMT in medium- and heavy-duty trucks and rising adoption of electric commercial vehicles.

The commercial vehicle transmission market analysis includes type segment and geographic landscape.

Technavio's commercial vehicle transmission market is segmented as below:

By Type

• Automatic transmission
• Manual transmission
• Automated manual transmission

By Geographic Landscapes

• North America
• APAC
• Europe
• South America
• MEA

This study identifies the increasing preference for captive consumption as one of the prime reasons driving the commercial vehicle transmission market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our commercial vehicle transmission market covers the following areas:

• Commercial vehicle transmission market sizing
• Commercial vehicle transmission market forecast
• Commercial vehicle transmission market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial vehicle transmission market vendors that include Aisin Seiki Co. Ltd., Allison Transmission Holdings Inc., BorgWarner Inc., Daimler AG, Dana Inc., Eaton Corporation Plc, Grupo KUO SAB de CV, Magna International Inc., Ricardo Plc, and ZF Friedrichshafen AG. Also, the commercial vehicle transmission market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.