Dublin, Dec. 8, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/mt9kcw/automotive) has announced the addition of the "Automotive Transmission Market by Vehicle Type, Transmission Type, & Region, Industry - Trends & Forecast to 2019" report to their offering.
Automotive transmission: The market size, in terms of volume, is projected to grow at a promising CAGR of 5.95% to reach 125.8 million units by 2019.
A transmission system is a vital part of an automobile. As a mandatory system found in every vehicle, the growth of the automotive transmission market can directly be linked to the growing number of vehicles across the globe. The growing demand for low carbon footprint technologies, enhanced driving experience, and fuel-efficient vehicles are some of the key elements driving the automotive transmission market, globally.
By vehicle type, the transmission market in the passenger cars (PC) segment accounted for the maximum share, followed by light commercial vehicles (LCV) and heavy commercial vehicles (HCV). In the PC and LCV segments, manual transmission is estimated to dominate the market, whereas in the coming years, automated manual and CVT transmissions are anticipated to replace manual transmissions, owing to the growing demand for advanced transmission systems which can further improve the fuel economy and reduce the carbon emission of vehicles.
The automotive transmission market is dominated by players such as Aisin Seiki Co. (Japan), ZF Friedrichshafen AG (Germany), GETRAG Corporate Group (Germany), JATCO Ltd. (Japan), Magna International Inc. (Canada), Continental AG (Germany), and Allison Transmission (U.S.).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Automotive Transmission Market, By Transmission Type
8 Automotive Transmission Market, By Vehicle Type
9 Automotive Transmission Market, By Region
10 Competitive Landscape
11 Company Profiles
- Aisin Seiki
- Allison Transmission
- Eaton Corporate
- Magna International
- ZF Friedrichshafen
For more information visit http://www.researchandmarkets.com/research/mt9kcw/automotive
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Source:Research and Markets