Growth of the automotive transmission market include factors like enhanced driving experience and increasing demand for low carbon footprint technologies.
(PRWEB) November 15, 2014
Growth of the automotive transmission market include factors like enhanced driving experience (in terms of smooth gear shifting and improved acceleration) and increasing demand for low carbon footprint technologies. The factors restricting the growth of the market are the low penetration of advanced transmission systems in high-volume markets and high cost of high-end transmission systems. In the context of improved fuel efficiency and low emissions, the global automotive transmission market is highly opportunistic, owing to the increasing demand for hybrid vehicles and introduction of technologies such as continuously variable transmission and dual-clutch transmission. The global automotive transmission market is projected to reach 125,801.9 thousand units, in terms of volume by 2019 which shows a CAGR of 5.95% between 2014 and 2019. Complete report available at http://www.rnrmarketresearch.com/automotive-transmission-systems-market-by-transmission-types-continuously-variable-cvt-dual-clutch-dct-vehicle-types-passenger-commercial-geography-global-trends-and-forecast-to-2018-market-report.html .
A transmission system is one of the vital components of an automobile that propagates power from the engine to the wheels in order to set the vehicle in motion. This system utilizes the clutch and gears to provide speed and torque conversions from crank shaft to wheels. Transmission systems have been evolving from manual to automatic or from 5 speed gears to even 16 speed gears. Automotive transmission market is anticipated to grow at a CAGR of 6.22% to 2019 for Asia-Oceania. An automatic transmission (also called automatic gearbox) is a type of motor vehicle transmission that can automatically change gear ratios as the vehicle moves, freeing the driver from having to shift gears manually. Like other transmission systems on vehicles, it allows an internal combustion engine, best suited to run at a relatively high rotational speed, to provide a range of speed and torque outputs necessary for vehicular travel.Order a copy of this research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=88783 .
This report covers the global automotive transmission market and is broadly segmented by region (Asia-Oceania, Europe, North America, and RoW) focusing on key countries in each region. The market is further segmented by transmission type [Manual Transmission (MT), Automatic Transmission (AT), Automated Manual Transmission (AMT), and Continuously Variable Transmission (CVT)], and by vehicle type [Passenger cars (PC), light commercial vehicles (LCV), and heavy commercial vehicles (HCV)]. Companies profiled in global automotive transmission market report are Getrag, Jatco Ltd., Magna International Inc., Eaton Corporate PLC, Continental AG, Aisin Seiki Co., Ltd., Allison Transmission Inc., Borgwarner Inc., GKN PLC, and ZF Friedrichshafen AG. Priced at US$ 4650 for a single user, request a discount on this research at http://www.rnrmarketresearch.com/contacts/discount?rname=88783 .
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