Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy commercial Vehicles), By Fuel Type (Gasoline, Diesel, Others), By Transmission Type (Manual transmission, Automatic transmission, Automated manual transmission, Dual clutch transmission, Continuously variable transmission) And Competitive Landscape
Product Code: ETC13198976 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6wresearch internal database and industry insights, the Global Automotive transmission parts Market is projected to grow at a CAGR of 8.5 % from 2025-2031. The Global Automotive transmission parts Marketwas valued at USD 533 billion in 2024 and is expected to reach USD 944 billionsby 2031.
Report Name | Global Automotive transmission parts Market |
Forecast Period | 2025-2031 |
Market Size | USD 944 billionsby 2031 |
CAGR | 8.5% |
Growing Sector | Automotive Components & Auto Parts |
The Global Automotive transmission parts Market report thoroughly covers the market by Regions and Countries,by Vehicle Type, by Fuel Type, and by Transmission Type.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Automotive Transmission PartsMarket is expected to grow drastically due to advancements in technology and higher rates of energy-efficient vehicle adoption globally. Manufacturers are being challenged by increasing environmental concerns and regulations aimed at emissions reductions, thereby requiring limitations on weight along with durable and high-performing components. Improvements are expected to continue across the increases in developments across the Asia-Pacific region, along with stable demand in North America and Europe, are expected to continue. The growth of electrification and automatic transmissions in both personal and commercial vehicles globally has created opportunities for growth. Integrating smart technologies has changed the automotive transmission parts market to improve vehicle performance, efficiency, and sustainability.
Global Automotive transmission parts Marketis expected to grow at a significant CAGR of 8.5% during the forecast period 2025-2031. The Global Automotive Transmission Parts Market is experiencing significant growth due to several prime factors. Firstly, the increase in the global production of vehicles, especially in emerging economies, keeps demand for transmission parts strong. Secondly, the increase in consumer demand for better fuel-efficient vehicles and vehicles with low emissions will continue to create pressure for manufacturing to develop more advanced transmission systems to comply with stringent environmental regulations.
Global Automotive Transmission Parts Market growth is further supported by the increasing use of automatic transmission vehicles, driven by urbanization and the ease of operating automatic vehicles in congested traffic. Finally, technical advancements in materials and processing technologies are enabling the production of lighter, more durable transmission parts, thereby enhancing overall vehicle performance.
The Global Automotive Transmission PartsMarketfaces several challenges, including the rising costs of raw materials which can impact production expenses. Additionally, the push for sustainability has increased pressure on manufacturers to develop eco-friendly solutions, often requiring significant investment in R&D. Another challenge is the fluctuation in global automotive sales, heavily influenced by economic conditions and consumer demand, which can disrupt supply chains. Furthermore, competition among key players fosters pricing pressures, making it essential for companies to innovate while maintaining cost efficiencies to stay competitive.
Several trends are shaping the Global Automotive Transmission PartsIndustry, most notably the shift towards electrification as electric vehicles gain widespread adoption. Lightweight materials, such as aluminum and composites, are becoming prominent to improve fuel efficiency and meet stringent emission norms. The integration of advanced transmission systems, such as dual-clutch and continuously variable transmissions, reflects growing demand for smoother driving experiences. Furthermore, the adoption of automation and smart manufacturing technologies is enhancing productivity across the sector. These trends indicate a future driven by innovation and sustainability.
The Global Automotive Transmission PartsMarketpresents lucrative investment opportunities as advancements in electric vehicles continue to accelerate. Companies focusing on developing energy-efficient and lightweight transmission components are particularly poised for growth. Investments in smart manufacturing systems and R&D for sustainable materials also deliver potential high returns. Emerging markets in Asia-Pacific and Africa offer a growing demand for transmission parts due to urbanization and increasing vehicle ownership. Additionally, partnerships or acquisitions targeting innovative startups can provide strategic advantages for industry players seeking to enter new niches.
The Global Automotive Transmission PartsMarket is dominated by key players such as ZF Friedrichshafen AG, BorgWarner Inc., and Aisin Corporation, known for their cutting-edge transmission technologies. These companies have established a strong global presence due to their innovation, quality, and diversified product portfolios. Other significant contributors include Magna International, General Motors, and Eaton Corporation, each playing a vital role in advancing market trends.
Governments worldwide are imposing stringent regulations to reduce emissions and promote fuel efficiency, directly impacting the Global Automotive Transmission PartsMarket. Policies such as the Corporate Average Fuel Economy (CAFE) standards and Euro emission norms compel manufacturers to innovate and enhance vehicle performance. Subsidies and incentives for electric vehicles also influence the demand for specialized EV transmission components. Likewise, trade regulations and tariffs can affect the cost of raw materials and finished products. Adapting to these evolving regulatory environments is essential for manufacturers to ensure compliance and remain competitive globally.
The future of the Global Automotive Transmission PartsMarketis set to be shaped by technological advancements and sustainability. The growing popularity of electric and hybrid vehicles will spur demand for innovative transmission systems tailored to these drivetrains. Lightweight, durable materials and enhanced efficiency will continue to drive R&D efforts. The integration of AI and IoT in manufacturing processes is expected to streamline production and reduce costs. With evolving consumer preferences and regulatory frameworks, the market is anticipated to prioritize eco-friendly solutions and adaptability to emerging automotive technologies.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, North America and Europe are currently dominating the automotive transmission market, driven by the presence of established automobile manufacturers and high consumer demand for advanced technologies. These regions are witnessing significant adoption of automatic and dual-clutch transmission systems due to consumer preferences for comfort and fuel efficiency.
Passenger cars remain the dominant segment in the automotive transmission market, owing to the high volume of production and global consumer demand in this category. The increasing adoption of automatic transmission systems in passenger cars to improve driving convenience contributes significantly to the market share.
Gasoline-powered vehicles continue to hold a significant share of the automotive transmission market due to their widespread popularity worldwide. However, diesel vehicles maintain a strong position in commercial vehicle segments, particularly in heavy-duty applications requiring higher torque.
Automatic transmission systems dominate the market due to their convenience and smooth driving experience, making them increasingly popular among consumers worldwide. Automated manual transmission and dual-clutch transmission systems are also gaining market share, especially in performance-oriented passenger cars and light commercial vehicles.
The market report provides a detailed analysis of the following market segments
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 parts Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive transmission parts Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive transmission parts Market - Industry Life Cycle |
3.4 Global Automotive transmission parts Market - Porter's Five Forces |
3.5 Global Automotive transmission parts Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive transmission parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Global Automotive transmission parts Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Global Automotive transmission parts Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
4 Global Automotive transmission parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive transmission parts Market Trends |
6 Global Automotive transmission parts Market, 2021 - 2031 |
6.1 Global Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive transmission parts Market, Revenues & Volume, By Passenger Cars, 2021 - 2031 |
6.1.3 Global Automotive transmission parts Market, Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031 |
6.1.4 Global Automotive transmission parts Market, Revenues & Volume, By Heavy commercial Vehicles, 2021 - 2031 |
6.2 Global Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive transmission parts Market, Revenues & Volume, By Gasoline, 2021 - 2031 |
6.2.3 Global Automotive transmission parts Market, Revenues & Volume, By Diesel, 2021 - 2031 |
6.2.4 Global Automotive transmission parts Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive transmission parts Market, Revenues & Volume, By Manual transmission, 2021 - 2031 |
6.3.3 Global Automotive transmission parts Market, Revenues & Volume, By Automatic transmission, 2021 - 2031 |
6.3.4 Global Automotive transmission parts Market, Revenues & Volume, By Automated manual transmission, 2021 - 2031 |
6.3.5 Global Automotive transmission parts Market, Revenues & Volume, By Dual clutch transmission, 2021 - 2031 |
6.3.6 Global Automotive transmission parts Market, Revenues & Volume, By Continuously variable transmission, 2021 - 2031 |
7 North America Automotive transmission parts Market, Overview & Analysis |
7.1 North America Automotive transmission parts Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive transmission parts Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.4 North America Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
7.5 North America Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive transmission parts Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive transmission parts Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive transmission parts Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
9 Asia Automotive transmission parts Market, Overview & Analysis |
9.1 Asia Automotive transmission parts Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive transmission parts Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.4 Asia Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
9.5 Asia Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
10 Africa Automotive transmission parts Market, Overview & Analysis |
10.1 Africa Automotive transmission parts Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive transmission parts Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.4 Africa Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
10.5 Africa Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
11 Europe Automotive transmission parts Market, Overview & Analysis |
11.1 Europe Automotive transmission parts Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive transmission parts Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.4 Europe Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
11.5 Europe Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
12 Middle East Automotive transmission parts Market, Overview & Analysis |
12.1 Middle East Automotive transmission parts Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive transmission parts Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive transmission parts Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive transmission parts Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.4 Middle East Automotive transmission parts Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
12.5 Middle East Automotive transmission parts Market, Revenues & Volume, By Transmission Type, 2021 - 2031 |
13 Global Automotive transmission parts Market Key Performance Indicators |
14 Global Automotive transmission parts Market - Export/Import By Countries Assessment |
15 Global Automotive transmission parts Market - Opportunity Assessment |
15.1 Global Automotive transmission parts Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive transmission parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.3 Global Automotive transmission parts Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
15.4 Global Automotive transmission parts Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
16 Global Automotive transmission parts Market - Competitive Landscape |
16.1 Global Automotive transmission parts Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive transmission parts Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |