Global Automotive Transmission Market Poised for Significant Growth, Projected to Reach $146.2 Billion by 2031

1. “Global Automotive Transmission Market Poised for Significant Growth, Projected to Reach $146.2 Billion by 2031” pen_s J

2. Automotive Transmission Market 2024-2031 Meticulous Research®, a prominent global market research firm, has released its latest research report titled, “Automotive Transmission Market by Type (Manual Transmission, Automated Manual Transmission, and Semi-automated Manual Transmission), Engine Type (Petrol Engine and Diesel Engine), Vehicle Type, Sales Channel, and Geography - Global Forecast to 2031.” The report reveals that the global automotive transmission market is set to achieve an estimated value of $146.2 billion by 2031, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.4% from 2024 to 2031. Download Sample Report Here @ https://www.meticulousresearch.com/download-sample- report/cp_id=5832 Market Drivers and Trends The automotive transmission sector is being propelled forward by significant advancements in transmission technologies and increasingly stringent regulatory standards aimed at reducing emissions. However, the market faces challenges including the complexity of transmission systems and volatile raw material prices. Key growth drivers include a rising focus on lightweight, high-efficiency materials and the integration of artificial intelligence (AI) and machine learning with transmission systems. Despite these advancements, supply chain disruptions continue to pose a substantial challenge to market expansion. Segment Analysis • Type: In 2024, the manual transmission segment is expected to hold the largest market share at 48.0%. This segment benefits from manual transmissions' superior fuel efficiency and lower maintenance costs compared to automatics. However, the automated manual transmission segment, including automatic, continuously variable, and dual-clutch transmissions, is projected to witness the highest CAGR during the forecast period, driven by innovations such as ZF Friedrichshafen AG’s new PowerLine 8-speed automatic transmission and Tata Motors' CNG cars with automatic manual transmission technology. • Engine Type: The petrol engine segment is anticipated to dominate with a 56.0% share in 2024. This dominance is due to the compatibility of automated transmissions with petrol Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Automotive Transmission Market 2024-2031 engines, which enhances performance and fuel efficiency. The petrol engines segment is also expected to register the highest CAGR. • Vehicle Type: Passenger cars are predicted to hold the largest share of 47.0% in 2024. This is attributed to the high adoption of advanced transmission technologies like CVTs and DCTs in passenger vehicles. The passenger cars segment is also expected to experience the highest CAGR during the forecast period. • Sales Channel: The original equipment manufacturers (OEMs) segment is projected to account for 85.0% of the market share in 2024. OEMs are expanding their presence in emerging markets and innovating to meet diverse regional demands. This segment is also anticipated to experience the highest CAGR. • Geography: Asia-Pacific is forecasted to dominate with a 41.0% market share in 2024 and is expected to achieve the highest CAGR of 7.0%. The region’s rapid urbanization, economic growth, and increasing vehicle ownership drive the demand for automotive transmissions. Industry Players Key market players include ZF Friedrichshafen AG (Germany), Magna International Inc. (Canada), BorgWarner Inc. (U.S.), Continental AG (Germany), Eaton Corporation plc (U.S.), Allison Transmission Holdings, Inc. (U.S.), Marelli Holdings Co., Ltd. (Japan), AISIN Group (Japan), Bonfiglioli S.P.A (China), Hyundai Transys Inc. (South Korea), Musashi Seimitsu Industry Co., Ltd. (Japan), Schaeffler AG (Germany), Vietesco Technologies Group AG (Germany), GKN plc (U.K.), and KATE LLC (Russia). Quick Buy @ https://www.meticulousresearch.com/Checkout/49293158 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Automotive Transmission Market 2024-2031 techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com