ID: MRFR/AM/4796-HCR | 100 Pages | Published By Swapnil Palwe on March 2023
Global automotive advanced shifter system market has seen remarkable growth; expected to rise at a CAGR of ~6% By 2030
$17.8 billion
6%
Asia-Pacific
2022-2030
Report Attribute/Metric | Details |
---|---|
Market Size | 2027: Significant Value |
CAGR | 6% CAGR (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019Â &Â 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Technology, By Application, By Vehicle type, By Component , |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Dura Automotive (US), Ficosa (Spain), Kongsberg Automotive (Norway), ZF (Germany), WABCO (Belgium), and Jopp Group (Germany). SILATECH S.r.l. (Italy), Remsons Industries Ltd. (India), Küster Holding GmbH (Germany), and Robert Bosch GmbH (Germany) |
Key Market Opportunities | Rapid growing demand for a shift by wire technology |
Key Market Drivers |
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The market recorded for a CAGR of ~6%.
The amplified concerns over the automobile performance and increasing demand for automotive advance shifter systems are the major factors driving the global automotive advance shifter system market.
The technology, component, fuel type, vehicle type are the segments of the market.
The major regions of the market are North America, Europe, Asia-Pacific.
Ficosa (Spain), Kongsberg Automotive (Norway), Dura Automotive (US), WABCO (Belgium), ZF (Germany), and Jopp Group (Germany) are the key competitors of the market.