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Automotive Automatic Transmission System Market Research Report Information by Type (AMT, CVT, DCT, DSG and Tiptronic Transmission), Fuel Type (Gasoline, Diesel and Hybrid), Vehicle Type (Passenger Cars, LCV and HCV) and Region ‚Äď Forecast Till 2030

ID: MRFR/AM/1294-HCR | 100 Pages | Author: Sejal Akre| April 2024

Automotive Automatic Transmission System Market Scenario:

Automotive automatic transmission system market share is expected to reach USD 86,598.40 Million with a CAGR of approx. 6.5% (2022 to 2030). An automobile automatic transmission system also called as the shelf shifting automobile transmission, involves the process of transmitting the power from the engine to the wheels by using automatically changing gear ratios. This helps move the vehicle from one point to another without the need to shift gears manually. Generally, an internal combustion engine with a capacity to rotate at high RPM is used for providing the automatic transmission system. This is primarily because the engine is capable of providing a variety of speed range and torque outputs, which are essential and beneficial when the vehicle moves in heavy traffic condition.

Several factors are responsible for the growth of the global automotive automatic transmission system market, the first one being the shift of population demand from manual to automatic transmission due to ease of operation. Secondly, the system causes less fatigue to the driver in case of comparable distances. Thirdly, all the adults from the family can drive an automatic transmission vehicle thus, making its use multipurpose and more widened. 

Automotive Automatic Transmission System Market by Segmentation:

On the basis of the type, the continuous variable transmission system is the most widely used automatic transmission system. The system consists of gearboxes, which use either a set of pulleys or belts for changing the gears, in place of the steel gears, which form a crucial component of the auto transmission system. This helps in easy gear shifting with a range of gear ratios and helps the engine achieve maximum RPM capacity. Further, are CVTs are classified into two subtypes. The hydrostatic CVT makes use of displacement pumps and hydrostatic motors for the transfer of power to the engine. The other type of CVT, is the Torroidal CVT, which makes use of power rollers and discs for the same purpose. The CVT helps the engine achieve maximum efficiency without the requirement of full-throttle acceleration. CVT, thus, helps save fuel and improve the fuel economy, along with relatively less maintenance cost required. The automated manual transmission (AMT), also called the semi-automatic transmission makes use of the regular gear and clutch mechanism. However, AMT utilizes processors, sensors, pneumatics and actuators for automating the process. Automobiles using AMT provide a pleasurable riding experience on the highways. However, the AMT-powered vehicles aren’t recommended to be ridden on city roads in heavy traffic due to jerky vibrations of the engine felt under hard acceleration. The dual-clutch transmission is a perfect hybrid of the manual and automatic transmission. Due to the absence of a torque converter in the DCT, the automaker makes use of two separate gear-changing shafts. One shaft each is required for the odd and even numbered gears, and thus, have their own individual

Key Players

The key players in the global automotive automatic transmission system market are Magna International Inc. (Canada), Aisin Seiki Co., Ltd. (Japan), ZF Friedrichshafen AG (Germany), GETRAG (Germany) and JATCO Ltd. (Japan). Eaton Corporation PLC (Republic of Ireland), Continental AG (Germany), Allison Transmission (U.S.), BorgWarner Inc. (U.S.), and GKN PLC (U.K.) are among other important players in the market.

Automatic Transmission System Market

The direct shift gearbox (DSG) functions quite similar to a DCT wherein it uses a two-clutch mechanism in place of the torque converter. DSG functions by the simple disengaging of one clutch and engaging the other for smooth gear changing. The fuel efficiency of the advanced DSG systems is better than some of the manual transmission gearboxes. DSG requires the driver to change the vehicle fluid after every 50.000 km, since it is a wet transmission requiring to keep the clutch and gearbox assembly well lubricated. This differentiates the DSG from the DCT, wherein the DCT is a dry transmission system, thus wearing out the gears quite fast. The DSG, however, provides almost a decade-long service with little or no wear-related gear changing maintenance.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The North America market currently leads in terms of global demand for automobiles with automatic transmission. The primary reason for this is the unpopular public transport in U.S., which increases the use of personal automobiles. Passenger vehicles in U.S. are required to cover huge distances and thus, hassle-free automatic transmission is more preferred than the enhanced skill requiring manual transmission. The Asia Pacific market is the fastest growing market for the automatic transmission since the automobile sales are registering the highest growth rate in this region. The lowering dependence on the public transport in this region increases to the preference for family cars, which are driven by all the family members. Thus, the global automatic transmission market will witness continuous growth in the foreseeable future.

The report for Global Automotive Automatic Transmission System Market of Market Research Future comprises extensive primary research along with a detailed analysis of qualitative and quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Report Attribute/Metric Details
  Market Size   2030: USD 86,598.40 Million
  CAGR   6.5% CAGR (2022 to 2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Fuel Type, Vehicle Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Magna International Inc. (Canada), Aisin Seiki Co., Ltd. (Japan), ZF Friedrichshafen AG (Germany), GETRAG (Germany) and JATCO Ltd. (Japan). Eaton Corporation PLC (Republic of Ireland), Continental AG (Germany), Allison Transmission (U.S.), BorgWarner Inc. (U.S.), and GKN PLC (U.K.)
  Key Market Opportunities   Process of transmitting the power
  Key Market Drivers  Technological advancement  Macro economical  Governing factors

Frequently Asked Questions (FAQ) :

In the coming years, the market growth rate is estimated to be approx.6.5%.

The market size can reach great heights of USD 86,598.40 Million by 2030, owing to the shift from manual to automatic transmission given the ease of operation.

Continental AG (Germany), Allison Transmission (U.S.), ZF Friedrichshafen AG (Germany), JATCO Ltd. (Japan), GKN PLC (U.K.), Eaton Corporation PLC (Republic of Ireland), BorgWarner Inc. (U.S.), Aisin Seiki Co., Ltd. (Japan), GETRAG (Germany) Magna International Inc. (Canada), are the top players in the market.

CVT, AMT, DSG, Tiptronic Transmission and DCT, are the primary types mentioned in the report.

North America is currently dominating the global market.

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