Global Automotive High-speed Transmission Market Will Grow at a CAGR of 16% During 2019-2023| Technavio

Technavio has announced the release of their research report on the
global automotive high-speed transmission market for the forecast period
2019-2023. This automotive high-speed transmission market analysis
report segments the market by technology (high-speed AT and high-speed
DCT) and geography (APAC, Europe, the Middle East and Africa, North
America, and South America).

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Technavio has released a new market research report on the global automotive high-speed transmission market for the period 2019-2023. (Graphic: Business Wire)

Global automotive high-speed transmission market size will grow by
almost 8.69 million units during 2019-2023, at a CAGR of around 16%. The
increasing adoption of automatic transmission systems will be positively
impacted by the adoption of shift-by-wire systems. The usage of the
shift-by-wire system in vehicles has helped in reducing the weight of
the vehicles and has enhanced the precision of the output to a large
extent. For instance, Ficosa International, which is a subsidiary of
Panasonic Corporation, develops and manufactures shift-by-wire with ECU
embedded and integrated control software that includes non-contact
real-time sensors used in dual-clutch transmission vehicles, traditional
transmissions, hybrid transmissions, and electric transmissions. This
will lead to the growth of the market during the forecast period.

Rise in the demand for automatic transmission
systems

The automatic transmission (AT) systems are gaining traction in the
automotive industry owing to their higher efficiency when compared with
other transmission systems. The increasing demand for comfort and safety
is promoting the adoption of automatic transmission systems. These
systems are also more economical and resource friendly. The AT systems
are beneficial in stop-and-go traffic as the drivers must no longer
operate the clutch, thereby increasing the comfort factor for the
drivers. This reduces the stress of the drivers when driving in bad
traffic conditions.

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“Around 42% of the market’s growth will come from the APAC region. Owing
to OEMs taking advantage of the rising demand for automatic transmission
systems, the automotive high-speed transmission market in APAC is
expected to witness higher growth. The increasing traffic woes due to
high vehicle numbers and underdeveloped infrastructure in many economies
across APAC are the major reasons for the growing demand for automatic
transmission systems in the region during the past few years,” says an
analyst at Technavio.

The new 9G Tronic of Mercedes-Benz is the first gearbox for
rear-wheel-drive vehicles, which has a torque converter and this gearbox
is launched in E-class sedans. The engineers at Mercedes-Benz have
primarily concentrated on the ease of gearshifts. The whole system
consists of a twin-turbine torsional damper and a centrifugal pendulum
to ensure driving comfort. This new system from Mercedes-Benz can
support an extensive range of drive configurations. It is equipped with
systems such as 4Matic all-wheel drive, rear-wheel drive, hybrid-drive,
and the ECO start/stop function.

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snapshot of the report for a more detailed overview of
the market and the segmentations covered in this report

This automotive high-speed transmission industry research report
provides an in-depth analysis of the major drivers, upcoming trends, and
challenges that will impact market growth over the forecast period. The
report analyzes the competitive landscape and offers details on several
automotive high-speed transmission products manufacturers including –

• AISIN SEIKI
• Ford Motor
• General Motors
• ZF Friedrichshafen

Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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research and analysis focuses on emerging market trends and provides
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500 companies.

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