Automotive Automatic Transmission Market size is estimated to be USD 57.4 Billion in 2024 and is expected to reach USD 91.3 Billion by 2033 at a CAGR of 5.5% from 2026 to 2033.
In 2022, the global automotive automatic transmission market was valued at approximately $44.9 billion, with projections indicating growth to $75.0 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.26% from 2024 to 2032. This expansion is driven by increasing consumer preference for automatic transmissions due to their convenience and advancements in transmission technologies enhancing fuel efficiency and driving performance. Regionally, North America held a significant market share, with the United States leading due to a strong demand for automatic transmissions in passenger vehicles. Europe also experienced notable growth, propelled by technological innovations and a rising inclination towards efficient transmission systems. In the Asia Pacific region, which accounted for 33.1% of the market in 2024, rapid urbanization and increasing disposable incomes contributed to the dominance, particularly in countries like China, India, and Japan. India is anticipated to witness the fastest growth, driven by urbanization and a growing preference for automatic vehicles amid traffic congestion.
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BASF
Chevron
Exxon Mobil
Royal Dutch Shell
Total SA
British Petroleum
Fuchs Petrolub
Lubrizol
Lukoil
Petroliam Nasional Berhad
Amsoil
Pennzoil
Valvoline
PetroChina
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. 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 Global Automotive Automatic Transmission Market
Automatic Transmission
Continuously Variable Transmission (CVT)
Dual-Clutch Transmission (DCT)
Automated Manual Transmission (AMT)
Torque Converter
Transmission Control Module
Valve Body
Transmission Fluid
Clutch
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Electric Vehicles (EVs)
On-Road Vehicles
Off-Road Vehicles
Heavy-duty Vehicles
Single Gearbox
Multi-Speed Gearbox
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 Global Automotive Automatic Transmission 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. Global Automotive Automatic Transmission Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Automatic Transmission Market, By Type
6. Global Automotive Automatic Transmission Market, By Application
7. Global Automotive Automatic Transmission Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Automatic Transmission Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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