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Automatic Transmission Market Size

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

An automobile automatic transmission system, also referred to as the shelf transferring vehicle transmission, entails the procedure of transmitting electricity from the engine to the wheels via using mechanically changing tool ratios. This facilitates moving the vehicle from one point to another without the want to shift gears manually. Generally, an internal combustion engine with the ability to rotate at high RPM is used to impart the automatic transmission system. The automotive automatic transmission system market is experiencing dynamic shifts driven by numerous factors influencing client possibilities, technological improvements, and regulatory trends. One of the key drivers of market dynamics is the growing demand for superior comfort and convenience. Consumers are increasingly favoring automatic transmission systems over manual opposite numbers due to the benefit of operation, especially in urban traffic conditions.
Technological advancements play a pivotal position in shaping the market dynamics of automotive automatic transmission systems. Continuous innovation and research in transmission technology have led to the development of extra efficient, responsive, and gasoline-green automatic transmission systems. Manufacturers are investing heavily in research and improvement to introduce advanced features, including dual-seize transmission, continuously variable transmission (CVT), and automated manual transmission (AMT). Government regulations and environmental concerns are also influencing the market dynamics of automotive automatic transmission systems. Stringent emission norms and gas efficiency requirements are prompting automakers to undertake superior transmission technologies that make contributions to reduced emissions and advanced gasoline economy.
Global market dynamics are, in addition, shaped by nearby variations in purchaser alternatives and financial conditions. In evolved markets, where disposable income is highly high, automatic transmission systems may be more attractive, and automakers cater to this demand by supplying a huge range of automatic transmission-ready vehicles. In emerging markets, economic issues frequently pressure consumer alternatives, and the market dynamics are stimulated with the aid of the balance among value, fuel efficiency, and driving consolation. The aftermarket phase additionally performs a great function in shaping market dynamics. As cars equipped with automatic transmission systems age, there is a growing demand for alternative elements and transmission machine upgrades. This creates possibilities for aftermarket suppliers and carrier companies to cater to the maintenance wishes of a huge and expanding car fleet. In conclusion, the market dynamics of the automotive automatic transmission system are present processes of continuous modifications driven with the aid of patron possibilities, technological improvements, regulatory pressures, and regional versions. The industry's capability to evolve to these dynamics, innovate in transmission technologies, and meet the evolving needs of clients and regulators can be vital for sustained increase and success in this aggressive market.

Covered Aspects:

Report Attribute/Metric Details
Growth Rate (2022 to 2030

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.


Automotive Automatic Transmission System Market Industry Developments


Numerous model revisions have been made to the Kia Seltos for 2024 as of April 2024, most likely in response to market feedback since the facelifted model debuted in July 2023. The most significant modification is the addition of automatic transmission options to the HTK Plus mid-spec model, which reduces their price by over a lakh rupees. Additionally, Kia has redesigned the Seltos' color options and feature set to make it more alluring than ever before. Previously, the automatic option for Seltos was available beginning with the HTX model. The HTK Plus is the most popular trim level for the Seltos compact SUV, according to Kia. It is exclusive to the diesel-iMT, petrol-manual, diesel-iMT, and turbo-petrol iMT powertrains.

Tata Motors has hinted new iterations of the Tiago and Tigor CNG siblings in January 2024, potentially in the coming weeks, prior to their official introduction. Impending additions to the lineup will be automatic variants developed by the company. As the first CNG vehicles to be offered with an automatic transmission in India, the Tiago and Tigor CNGs are expected to be equipped with AMTs. This combination is anticipated to be available on the XT and XZ+ models. Presently, the Tata Tiago CNG and Tigor CNG are driven by a 1.2-liter, three-cylinder, NA gasoline engine that produces 85 horsepower and 113 Nm. This output is reduced to 72 horsepower and 95 Nm of torque in CNG mode. At present, this engine is exclusively mated with a five-speed manual transmission.


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 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.

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