Global Automotive Transmission Market is predicted to reach USD 96.98 billion at a CAGR of 6.05% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Automotive Transmission Market” that contains information from 2023 to 2030. The Global Automotive Transmission Market is estimated to register a CAGR of 6.05% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Automotive Transmission Market— Allison Transmission Inc, Aisin Seiki Co. Ltd, Continental AG, BorgWarner Inc, Eaton Corporation PLC, GKN PLC, Jatco Ltd, Magna International Inc, ZF Friedrichshafen, and Schaeffler AG.

Market Highlights

Global Automotive Transmission Market is accounted to register a CAGR of 6.05% during the forecast period and is estimated to reach USD 96.98 Billion by 2030.

An automotive transmission is a crucial mechanical component within a vehicle that facilitates the transfer of power generated by the engine to the wheels, enabling the vehicle to move. This complex system utilizes various gear ratios to match the engine's speed and torque output with the desired driving conditions, allowing for optimal performance, fuel efficiency, and control. Automatic and manual transmissions are the two primary types, with the former automatically shifting gears based on vehicle requirements, while the latter requires manual gear changes by the driver. Advanced transmissions may also incorporate technologies like continuously variable transmissions (CVTs) or dual-clutch transmissions (DCTs) to further enhance efficiency and driving experience.

Segment Analysis

The Global Automotive Transmission Market has been segmented based on Type, Vehicle type, and Fuel type.

Based on Type, the market is segmented into Automatic, Manual, Automatic Manual Transmission, Continuous Variable Transmission, and Dual Clutch Transmission. The prevalence of automatic in the automotive transmission market is attributed to several factors that collectively enhance driving convenience, comfort, and accessibility for a wide range of drivers. Automatic transmissions eliminate the need for manual gear shifting, making driving less demanding, especially in stop-and-go traffic or urban settings.

Based on Vehicle type, the market is segmented into Passenger Cars, LCVs, and HCV. The Passenger Car category commands the largest share of the Automotive Transmission market due to its widespread use and diverse consumer demand.

Based on Fuel type, the market is segmented into Gasoline, Diesel, and Others. The Gasoline category dominates the Automotive Transmission market owing to its extensive usage in a wide range of vehicles and its established infrastructure.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Transmission Market Inisights

Regional Analysis

The Global Automotive Transmission Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Automotive Transmission Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Automotive Transmission Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Automotive Transmission Market comprises of Middle East, Africa, and Latin America.

The Asia-Pacific region holds a commanding position in the global automotive transmission market, driven by factors like the burgeoning production of passenger cars and light commercial vehicles in developing economies within the region. Numerous original equipment manufacturers (OEMs) express a keen interest in establishing production facilities here, particularly in emerging nations such as China and India. Following closely, North America is anticipated to secure the second-largest market share throughout the forecast period. The growing demand for Automatic Manual Transmission (AMT) systems across this region is set to provide a substantial boost to industry growth. Additionally, the presence of advanced manufacturing hubs and a technologically advanced market is poised to further fortify the market's expansion.

Key Findings of the Study

• The Global Automotive Transmission Market is expected to reach USD 96.98 Billion by 2030, at a CAGR of 6.05% during the forecast period.


• The global automotive transmission market is strongly influenced by the Asia-Pacific region, where its dominant stance is propelled by factors such as the rapid increase in the manufacturing of passenger cars and light commercial vehicles within the developing economies of the area.


• Based on the Type, the Market has been segmented into Automatic holding the largest market in 2023.


• Allison Transmission Inc, Aisin Seiki Co. Ltd, Continental AG, BorgWarner Inc, Eaton Corporation PLC, GKN PLC, Jatco Ltd, Magna International Inc, ZF Friedrichshafen, and Schaeffler AG.