United States Automotive Transmission Systems Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 17.9 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
The US Automotive Transmission Systems Market is witnessing significant growth as industries evolve to meet the demands of modern vehicles. The transmission system is a vital part of a vehicle, responsible for transferring power from the engine to the wheels, ensuring optimal performance, efficiency, and drivability. Different types of transmission systems are available, each tailored to specific vehicle needs, including manual, automatic, continuously variable transmission (CVT), and dual-clutch transmissions (DCT). The evolution of these systems is driven by technological advancements, environmental regulations, and consumer demand for fuel efficiency and driving comfort.
Among the various transmission types, automatic transmission systems dominate the US automotive market due to their ease of use and superior fuel efficiency compared to manual transmissions. Automatic transmissions have evolved to incorporate more gears, leading to smoother shifting and improved power distribution. Meanwhile, CVT systems are gaining popularity, particularly in hybrid and electric vehicles, due to their smooth operation and adaptability to varying driving conditions. DCT systems, offering faster shifting speeds and enhanced fuel efficiency, are becoming a preferred choice for high-performance vehicles.
The need for these advanced transmission systems is driven by multiple factors. Firstly, automotive industries are focusing on reducing emissions and improving fuel economy, which has led to the increased adoption of technologically sophisticated transmission systems like CVTs and DCTs. Additionally, the demand for electric vehicles (EVs) is fueling innovations in transmission design, with manufacturers striving to develop systems that can efficiently integrate with electric powertrains. Moreover, the growing consumer preference for automatic and semi-automatic transmissions has made it essential for automotive manufacturers to align with these preferences.
Industries are continuously exploring ways to improve the efficiency and performance of transmission systems to keep up with consumer demands and environmental regulations. The demand for automotive transmission systems is likely to surge in the coming years as technological developments in electrification and autonomous driving continue to unfold, shaping the future of the US automotive industry.
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Allison Transmission
JATCO
GETRAG
Aisin Seiki
Magneti Marelli S.p.A
ZF Friedrichshafen AG
Eaton Corporation
Continental Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Automotive Transmission Systems Market
Manual Transmission
Automatic Transmission
Continuously Variable Transmission (CVT)
Dual Clutch Transmission (DCT)
Automated Manual Transmission (AMT)
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
On-road Vehicles
Off-road Vehicles
Front-Wheel Drive (FWD)
Rear-Wheel Drive (RWD)
All-Wheel Drive (AWD)
Four-Wheel Drive (4WD)
Transmission Control Unit (TCU)
Torque Converter
Gearbox
Clutch
Flywheel
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Automotive Transmission Systems Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Automotive Transmission Systems Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Automotive Transmission Systems Market, By Type
6. US Automotive Transmission Systems Market, By Application
7. US Automotive Transmission Systems Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Automotive Transmission Systems Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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