Product Code: ETC13410746 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Transmission Market was valued at USD 70.4 Billion in 2024 and is expected to reach USD 102.3 Billion by 2031, growing at a compound annual growth rate of 9.30% during the forecast period (2025-2031).
The Global Automotive Transmission Market is experiencing significant growth driven by factors such as increasing demand for automatic transmission systems, technological advancements in transmission systems, and the rising production of vehicles worldwide. The market is segmented based on type (manual, automatic, CVT, DCT, AMT), vehicle type (passenger cars, commercial vehicles), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). Automatic transmission systems are gaining popularity due to their convenience and improved fuel efficiency, especially in developed regions. Key players in the market include ZF Friedrichshafen AG, Aisin Seiki Co., Ltd., BorgWarner Inc., and Eaton Corporation. The market is expected to continue growing as automakers focus on improving vehicle performance, efficiency, and driving experience through advanced transmission technologies.
The Global Automotive Transmission Market is experiencing a shift towards the adoption of advanced technologies such as dual-clutch transmissions and continuously variable transmissions (CVTs) to improve fuel efficiency and performance. Electric vehicles (EVs) are also driving the demand for innovative transmission systems to enhance power delivery and range. The market is witnessing a growing focus on lightweight and compact transmission designs to meet stringent emission regulations and improve overall vehicle efficiency. Additionally, the integration of connectivity features in transmissions to enable predictive maintenance and optimize performance is gaining traction. Opportunities lie in the development of hybrid transmission systems, as well as the increasing demand for automatic transmissions in emerging markets. Overall, the market is poised for growth with advancements in electrification and connectivity shaping the future of automotive transmissions.
The Global Automotive Transmission Market faces several challenges, including increasing competition from alternative powertrain technologies such as electric and hybrid vehicles, stringent government regulations on emissions and fuel efficiency standards, fluctuating raw material prices affecting manufacturing costs, and the complexity of developing advanced transmission systems to meet consumer demands for improved performance and fuel economy. Additionally, the shift towards autonomous driving and connected vehicles is driving the need for innovative transmission solutions that can seamlessly integrate with these technologies. Manufacturers in the automotive transmission market must navigate these challenges by investing in research and development to design more efficient and technologically advanced transmission systems while also ensuring compliance with regulatory requirements and adapting to changing consumer preferences.
The Global Automotive Transmission Market is primarily driven by the increasing demand for fuel-efficient vehicles due to stringent emission regulations worldwide. Automotive manufacturers are focusing on developing advanced transmission systems such as dual-clutch and continuously variable transmissions to improve fuel efficiency and reduce carbon emissions. Additionally, the growing adoption of electric vehicles and hybrid vehicles is also contributing to the market growth, as these vehicles require specialized transmission systems for optimal performance. Technological advancements in automotive transmission, such as the integration of smart transmission control systems and the development of lightweight materials, are further propelling market expansion. The rising trend of vehicle electrification and the shift towards autonomous driving technologies are expected to continue driving the growth of the automotive transmission market in the coming years.
Government policies related to the Global Automotive Transmission Market vary by region but generally focus on regulating emissions, promoting fuel efficiency, and encouraging the adoption of electric vehicles. In many countries, strict emission standards drive the development of more efficient transmission systems to reduce pollution. Additionally, government incentives and subsidies for electric vehicles and hybrid technologies are aimed at reducing reliance on traditional internal combustion engines. Some regions also have regulations in place to promote the use of automatic transmissions over manual transmissions for improved fuel efficiency. Overall, government policies play a significant role in shaping the direction of the automotive transmission market towards more sustainable and environmentally-friendly technologies.
The Global Automotive Transmission Market is poised for growth in the coming years due to a rising demand for automatic transmissions, increasing vehicle production, and a shift towards electric and hybrid vehicles. The market is expected to witness technological advancements such as the development of more efficient and lightweight transmission systems, leading to improved fuel efficiency and performance. Factors like stringent emission regulations and the need for higher fuel efficiency will drive the market further. Additionally, the increasing adoption of electric vehicles will create opportunities for innovative transmission technologies. However, challenges such as supply chain disruptions, fluctuating raw material prices, and the impact of the COVID-19 pandemic may pose temporary obstacles to the market`s growth trajectory. Overall, the Global Automotive Transmission Market is forecasted to expand steadily in the foreseeable future.
In the Global Automotive Transmission Market, Asia Pacific is expected to dominate in terms of market share due to the high demand for vehicles in countries like China and India. North America is projected to witness steady growth driven by technological advancements in transmission systems. Europe is focusing on reducing carbon emissions, leading to the adoption of more fuel-efficient transmissions. The Middle East and Africa region is experiencing a rise in demand for automatic transmissions in luxury vehicles. Latin America is expected to show moderate growth due to improving economic conditions and increasing consumer purchasing power driving the demand for vehicles with advanced transmission systems. Overall, the market is witnessing a shift towards automatic and continuously variable transmissions to meet stringent fuel efficiency regulations and enhance driving experience in different regions.
Global Automotive Transmission Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Transmission Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Transmission Market - Industry Life Cycle |
3.4 Global Automotive Transmission Market - Porter's Five Forces |
3.5 Global Automotive Transmission Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Transmission Market Revenues & Volume Share, By Engine, 2021 & 2031F |
3.7 Global Automotive Transmission Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Global Automotive Transmission Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Automotive Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Transmission Market Trends |
6 Global Automotive Transmission Market, 2021 - 2031 |
6.1 Global Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Transmission Market, Revenues & Volume, By IC Engine, 2021 - 2031 |
6.1.3 Global Automotive Transmission Market, Revenues & Volume, By Electric, 2021 - 2031 |
6.2 Global Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Transmission Market, Revenues & Volume, By Manual, 2021 - 2031 |
6.2.3 Global Automotive Transmission Market, Revenues & Volume, By Automatic, 2021 - 2031 |
6.2.4 Global Automotive Transmission Market, Revenues & Volume, By Automated Manual Transmission (AMT), 2021 - 2031 |
6.2.5 Global Automotive Transmission Market, Revenues & Volume, By Others (CVT, DCT), 2021 - 2031 |
6.3 Global Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Transmission Market, Revenues & Volume, By Passenger Cars, 2021 - 2031 |
6.3.3 Global Automotive Transmission Market, Revenues & Volume, By Light Commercial Vehicle, 2021 - 2031 |
6.3.4 Global Automotive Transmission Market, Revenues & Volume, By Heavy Commercial Vehicle, 2021 - 2031 |
6.3.5 Global Automotive Transmission Market, Revenues & Volume, By Electric Vehicle, 2021 - 2031 |
7 North America Automotive Transmission Market, Overview & Analysis |
7.1 North America Automotive Transmission Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
7.4 North America Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 North America Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Transmission Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Transmission Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Automotive Transmission Market, Overview & Analysis |
9.1 Asia Automotive Transmission Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
9.4 Asia Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
9.5 Asia Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Automotive Transmission Market, Overview & Analysis |
10.1 Africa Automotive Transmission Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
10.4 Africa Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
10.5 Africa Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Automotive Transmission Market, Overview & Analysis |
11.1 Europe Automotive Transmission Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
11.4 Europe Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
11.5 Europe Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Automotive Transmission Market, Overview & Analysis |
12.1 Middle East Automotive Transmission Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Transmission Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Transmission Market, Revenues & Volume, By Engine, 2021 - 2031 |
12.4 Middle East Automotive Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
12.5 Middle East Automotive Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Automotive Transmission Market Key Performance Indicators |
14 Global Automotive Transmission Market - Export/Import By Countries Assessment |
15 Global Automotive Transmission Market - Opportunity Assessment |
15.1 Global Automotive Transmission Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Transmission Market Opportunity Assessment, By Engine, 2021 & 2031F |
15.3 Global Automotive Transmission Market Opportunity Assessment, By Type, 2021 & 2031F |
15.4 Global Automotive Transmission Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Automotive Transmission Market - Competitive Landscape |
16.1 Global Automotive Transmission Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |