Product Code: ETC13239110 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Automatic Transmission Market was valued at USD 24 Billion in 2024 and is expected to reach USD 55 Billion by 2031, growing at a compound annual growth rate of 12.70% during the forecast period (2025-2031).
The Global Automotive Automatic Transmission Market is witnessing steady growth driven by the increasing demand for convenience, performance, and fuel efficiency in vehicles. Factors such as the rising production of passenger cars, technological advancements in transmission systems, and the growing preference for automatic transmissions over manual ones are fueling market expansion. The market is also benefiting from the increasing adoption of electric vehicles and hybrid vehicles equipped with automatic transmissions. Key players in the market are focusing on developing advanced transmission technologies to meet evolving consumer preferences and regulatory requirements. Geographically, Asia Pacific dominates the market due to the high demand for vehicles in countries like China and India. Overall, the Global Automotive Automatic Transmission Market is poised for further growth in the coming years.
The Global Automotive Automatic Transmission Market is witnessing several key trends and opportunities. The shift towards electric vehicles and the increasing demand for fuel efficiency are driving the adoption of automatic transmissions. The integration of advanced technologies such as dual-clutch and continuously variable transmissions is further enhancing the performance and efficiency of automatic transmissions. Additionally, the growing preference for comfort and convenience features in vehicles is boosting the demand for automatic transmissions. Opportunities exist for market players to focus on developing innovative transmission technologies that can cater to the evolving needs of the automotive industry. Expansion in emerging markets and strategic partnerships with automakers to provide tailored transmission solutions are also key opportunities in the global automotive automatic transmission market.
The Global Automotive Automatic Transmission Market faces several key challenges, including the increasing demand for electric vehicles which are often equipped with simpler transmission systems, such as direct drive or single-speed transmissions. This shift towards electric vehicles poses a threat to the traditional automatic transmission market. Additionally, stricter emissions regulations and the focus on fuel efficiency are driving automakers to develop more advanced transmission technologies, such as dual-clutch and continuously variable transmissions, further intensifying competition in the market. Moreover, the high cost of automatic transmission systems compared to manual transmissions is a concern for consumers and manufacturers alike, especially in emerging markets where cost-effective solutions are preferred. Overall, the automotive automatic transmission market must navigate these challenges by innovating and adapting to changing consumer preferences and regulatory requirements.
The Global Automotive Automatic Transmission Market is primarily driven by the increasing demand for vehicles with automatic transmission systems due to their convenience, improved fuel efficiency, and enhanced driving experience. Additionally, the rising trend of urbanization, growing disposable income levels, and changing consumer preferences towards comfortable driving experiences are fueling the market growth. Stringent government regulations regarding emission control and fuel efficiency standards are also pushing automotive manufacturers to adopt automatic transmission technology in their vehicles. Moreover, advancements in transmission technology such as the development of advanced dual-clutch and continuously variable transmissions are further propelling market expansion. Overall, a combination of consumer preferences, regulatory requirements, and technological advancements are key drivers shaping the growth trajectory of the Global Automotive Automatic Transmission Market.
Government policies related to the Global Automotive Automatic Transmission Market vary by country and region, with a focus on emissions regulations, fuel efficiency standards, and safety requirements. In many markets, governments are implementing stricter emissions standards to reduce pollution levels, which is driving the adoption of more fuel-efficient automatic transmission systems. Additionally, safety regulations such as the implementation of advanced driver-assistance systems (ADAS) are influencing the development of automatic transmission technologies to enhance vehicle safety. Some governments also offer incentives or subsidies for the adoption of electric vehicles, which often come equipped with automatic transmissions. Overall, government policies are playing a crucial role in shaping the future direction of the automotive automatic transmission market, encouraging innovation and sustainability within the industry.
The Global Automotive Automatic Transmission Market is expected to witness steady growth in the coming years due to the increasing demand for automatic transmission systems in vehicles. Factors such as rising disposable incomes, improved driving experience, and advancements in technology driving the market. The shift towards more fuel-efficient and environmentally friendly vehicles is also fueling the demand for automatic transmissions. Additionally, the growing popularity of electric vehicles and the integration of advanced features such as adaptive cruise control and lane-keeping assist in automatic transmission systems are anticipated to further boost market growth. However, challenges such as high costs associated with automatic transmission systems and the preference for manual transmissions in certain regions may hinder the market`s growth to some extent. Overall, the Global Automotive Automatic Transmission Market is poised for expansion in the foreseeable future.
In the global automotive automatic transmission market, Asia is expected to witness significant growth due to the increasing demand for passenger vehicles in countries like China and India. North America is projected to see steady growth driven by the consumer preference for automatic transmissions in the region. Europe is likely to experience moderate growth as automakers focus on developing advanced transmission technologies to meet stringent emission regulations. The Middle East and Africa region is anticipated to have a slow growth rate due to economic challenges and lower consumer purchasing power. Latin America is expected to show steady growth, driven by increasing urbanization and rising disposable income levels leading to a higher demand for automatic transmission vehicles in countries like Brazil and Mexico.
Global Automotive 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 Automotive Automatic Transmission Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Automatic Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Automatic Transmission Market - Industry Life Cycle |
3.4 Global Automotive Automatic Transmission Market - Porter's Five Forces |
3.5 Global Automotive Automatic Transmission Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Automatic Transmission Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Automotive Automatic Transmission Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Global Automotive Automatic Transmission Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Automotive Automatic Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Automatic Transmission Market Trends |
6 Global Automotive Automatic Transmission Market, 2021 - 2031 |
6.1 Global Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Automatic Transmission Market, Revenues & Volume, By Automatic Transmission (AT)/Torque Converter (TC), 2021 - 2031 |
6.1.3 Global Automotive Automatic Transmission Market, Revenues & Volume, By Automatic Manual Transmission (AMT), 2021 - 2031 |
6.1.4 Global Automotive Automatic Transmission Market, Revenues & Volume, By Continuous Variable Transmission (CVT), 2021 - 2031 |
6.1.5 Global Automotive Automatic Transmission Market, Revenues & Volume, By Dual Clutch Transmission (DCT), 2021 - 2031 |
6.2 Global Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Automatic Transmission Market, Revenues & Volume, By Gasoline (Petrol), 2021 - 2031 |
6.2.3 Global Automotive Automatic Transmission Market, Revenues & Volume, By Diesel, 2021 - 2031 |
6.2.4 Global Automotive Automatic Transmission Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.3 Global Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Automatic Transmission Market, Revenues & Volume, By Passenger Cars, 2021 - 2031 |
6.3.3 Global Automotive Automatic Transmission Market, Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021 - 2031 |
6.3.4 Global Automotive Automatic Transmission Market, Revenues & Volume, By Heavy Commercial Vehicles (HCVs), 2021 - 2031 |
7 North America Automotive Automatic Transmission Market, Overview & Analysis |
7.1 North America Automotive Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
7.5 North America Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Automatic Transmission Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Automotive Automatic Transmission Market, Overview & Analysis |
9.1 Asia Automotive Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
9.5 Asia Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Automotive Automatic Transmission Market, Overview & Analysis |
10.1 Africa Automotive Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
10.5 Africa Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Automotive Automatic Transmission Market, Overview & Analysis |
11.1 Europe Automotive Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
11.5 Europe Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Automotive Automatic Transmission Market, Overview & Analysis |
12.1 Middle East Automotive Automatic Transmission Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Automatic Transmission Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Automatic Transmission Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Automatic Transmission Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Automotive Automatic Transmission Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
12.5 Middle East Automotive Automatic Transmission Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Automotive Automatic Transmission Market Key Performance Indicators |
14 Global Automotive Automatic Transmission Market - Export/Import By Countries Assessment |
15 Global Automotive Automatic Transmission Market - Opportunity Assessment |
15.1 Global Automotive Automatic Transmission Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Automatic Transmission Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Automotive Automatic Transmission Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
15.4 Global Automotive Automatic Transmission Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Automotive Automatic Transmission Market - Competitive Landscape |
16.1 Global Automotive Automatic Transmission Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Automatic Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |