Product Code: ETC13212835 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automatic Transmission Market was valued at USD 54 Billion in 2024 and is expected to reach USD 84 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).
The Global Automatic Transmission Market is witnessing steady growth driven by increasing demand for comfortable driving experiences, fuel efficiency, and technological advancements in the automotive industry. The market is characterized by a shift towards automatic transmissions due to their convenience and smooth operation, especially in urban driving conditions. Key players in the market are focusing on developing advanced automatic transmission systems with features such as dual-clutch technology, continuously variable transmission (CVT), and hybrid systems to cater to evolving consumer preferences and stringent emission regulations. The market is also influenced by the rising production of electric vehicles and the integration of automatic transmissions in these vehicles. Regions such as Asia-Pacific and Europe are expected to dominate the market due to the high adoption rate of automatic transmissions in passenger cars and commercial vehicles.
The Global Automatic Transmission Market is seeing a rise in demand due to the increasing preference for automatic vehicles, especially in urban areas where traffic congestion is a concern. The market is witnessing a shift towards advanced technologies such as dual-clutch and continuously variable transmissions, offering better fuel efficiency and improved driving experience. Electric vehicles are also driving growth in the automatic transmission market as they require efficient and seamless transmission systems. Additionally, the growing trend of connected and autonomous vehicles presents opportunities for automatic transmission systems integrated with smart features. The market is expected to witness further growth with the increasing adoption of electric vehicles and the development of innovative transmission technologies to meet the evolving consumer preferences for convenience and performance.
The Global Automatic Transmission Market faces several challenges, including increased competition from manual transmissions and continuously variable transmissions (CVTs), which offer improved fuel efficiency and performance. Additionally, the high cost associated with automatic transmissions can deter budget-conscious consumers from opting for this technology. Regulatory pressures for stricter emissions standards also pose a challenge, as automatic transmissions are traditionally less fuel-efficient than manual transmissions. Furthermore, the complexity of automatic transmission systems can lead to higher maintenance and repair costs, impacting overall ownership expenses. To stay competitive, market players need to invest in research and development to create more efficient and cost-effective automatic transmission options while addressing consumer concerns regarding performance and sustainability.
The Global Automatic Transmission Market is primarily driven by the increasing demand for vehicles with enhanced driving comfort, convenience, and fuel efficiency. The growing preference for automatic transmissions over manual transmissions, especially in urban areas with heavy traffic congestion, is a key factor propelling market growth. Additionally, technological advancements such as the development of dual-clutch and continuously variable transmissions have improved the performance and efficiency of automatic transmissions, further boosting their adoption. The rising disposable income levels in emerging economies, coupled with changing consumer preferences towards automatic vehicles, are also contributing to the expansion of the automatic transmission market. Furthermore, stringent government regulations aimed at reducing emissions and improving fuel efficiency are compelling automotive manufacturers to incorporate advanced automatic transmission systems in their vehicles, driving market growth.
Government policies related to the Global Automatic Transmission Market vary by country but generally focus on emissions regulations, fuel efficiency standards, and safety requirements. Many countries have implemented strict emission standards, such as the Euro 6 standards in Europe, which push automakers to produce vehicles with cleaner emissions. Additionally, fuel efficiency regulations, like the Corporate Average Fuel Economy (CAFE) standards in the United States, encourage the adoption of automatic transmissions to improve fuel efficiency. Safety regulations also play a role, with many countries mandating certain safety features in vehicles equipped with automatic transmissions. Overall, government policies aim to promote the adoption of automatic transmissions in vehicles to meet environmental, fuel efficiency, and safety goals.
The Global Automatic Transmission Market is expected to witness steady growth in the coming years due to factors such as the increasing demand for comfortable driving experiences, technological advancements in transmission systems, and the rising preference for automatic transmissions over manual options. The growing adoption of electric vehicles and the integration of advanced features like adaptive cruise control and lane-keeping assist in automatic transmissions are also expected to drive market growth. Additionally, the expanding automotive industry in emerging economies and the focus on fuel efficiency and reduced emissions will further propel the automatic transmission market forward. Overall, the market is poised for expansion, with key players focusing on innovation and product development to meet the evolving needs of consumers worldwide.
In the Global Automatic Transmission Market, Asia-Pacific is anticipated to witness significant growth due to the increasing demand for passenger vehicles in countries like China and India. North America is expected to have steady growth with the presence of well-established automotive manufacturers. Europe is likely to show moderate growth as consumer preferences shift towards automatic transmissions. The Middle East and Africa region is projected to experience steady growth, driven by urbanization and improving economic conditions. Latin America is expected to have a slow growth rate due to economic challenges in key markets. Factors such as technological advancements, government regulations, and consumer preferences will continue to influence the growth of the automatic transmission market across these regions.
Global Automatic 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 Automatic Transmission Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automatic Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automatic Transmission Market - Industry Life Cycle |
3.4 Global Automatic Transmission Market - Porter's Five Forces |
3.5 Global Automatic Transmission Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automatic Transmission Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.7 Global Automatic Transmission Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Global Automatic Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automatic Transmission Market Trends |
6 Global Automatic Transmission Market, 2021 - 2031 |
6.1 Global Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automatic Transmission Market, Revenues & Volume, By Automatic Transmission (AT), 2021 - 2031 |
6.1.3 Global Automatic Transmission Market, Revenues & Volume, By Dual Clutch Transmission (DCT), 2021 - 2031 |
6.1.4 Global Automatic Transmission Market, Revenues & Volume, By Automated Manual Transmission (AMT), 2021 - 2031 |
6.1.5 Global Automatic Transmission Market, Revenues & Volume, By Continuously Variable Transmission (CVT), 2021 - 2031 |
6.2 Global Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automatic Transmission Market, Revenues & Volume, By Passenger Vehicle, 2021 - 2031 |
6.2.3 Global Automatic Transmission Market, Revenues & Volume, By Commercial Vehicle, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Automatic Transmission Market, Overview & Analysis |
7.1 North America Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
7.4 North America Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
8 Latin America (LATAM) Automatic Transmission Market, Overview & Analysis |
8.1 Latin America (LATAM) Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
9 Asia Automatic Transmission Market, Overview & Analysis |
9.1 Asia Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
9.4 Asia Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
10 Africa Automatic Transmission Market, Overview & Analysis |
10.1 Africa Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
10.4 Africa Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
11 Europe Automatic Transmission Market, Overview & Analysis |
11.1 Europe Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
11.4 Europe Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
12 Middle East Automatic Transmission Market, Overview & Analysis |
12.1 Middle East Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automatic Transmission Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
12.4 Middle East Automatic Transmission Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
13 Global Automatic Transmission Market Key Performance Indicators |
14 Global Automatic Transmission Market - Export/Import By Countries Assessment |
15 Global Automatic Transmission Market - Opportunity Assessment |
15.1 Global Automatic Transmission Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automatic Transmission Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
15.3 Global Automatic Transmission Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
16 Global Automatic Transmission Market - Competitive Landscape |
16.1 Global Automatic Transmission Market Revenue Share, By Companies, 2024 |
16.2 Global Automatic Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |