Product Code: ETC4576684 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Mexico Automotive Transmission Market is experiencing steady growth driven by factors such as increasing vehicle production, rising demand for automatic transmission systems, and technological advancements in transmission technologies. The market is characterized by a strong presence of major automotive manufacturers and suppliers, with a focus on producing cost-effective and fuel-efficient transmission systems. The demand for electric vehicles and hybrid vehicles is also influencing the market, leading to a shift towards more advanced transmission technologies. Additionally, government initiatives promoting the use of electric vehicles and stringent emission regulations are further propelling the growth of the automotive transmission market in Mexico. Overall, the Mexico Automotive Transmission Market is poised for continuous expansion in the coming years, offering opportunities for both domestic and international players to capitalize on the evolving automotive landscape.
The Mexico Automotive Transmission Market is experiencing a shift towards the adoption of advanced transmission technologies such as dual-clutch transmissions and continuously variable transmissions (CVTs) to meet stringent emission regulations and improve fuel efficiency. Electric and hybrid vehicles are gaining traction in the market, driving the demand for electric drivetrains and transmissions. Additionally, the trend towards lightweighting to enhance vehicle performance and reduce emissions is creating opportunities for innovative transmission materials and designs. The growing demand for automatic transmissions over manual transmissions due to their convenience and driving experience is another key trend in the market. Overall, the Mexico Automotive Transmission Market presents opportunities for manufacturers to invest in research and development of advanced transmission technologies to cater to the evolving needs of the automotive industry in the region.
The Mexico Automotive Transmission Market faces challenges such as increasing competition from international manufacturers, fluctuating raw material prices impacting production costs, and the need to comply with stringent environmental regulations. Additionally, shifting consumer preferences towards electric and hybrid vehicles pose a challenge for traditional transmission manufacturers. The market also faces pressure to innovate and invest in research and development to keep up with technological advancements in the automotive industry. Furthermore, the economic instability and trade tensions between Mexico and key trading partners can impact the overall market growth and stability. Overall, the Mexico Automotive Transmission Market must navigate through these challenges to remain competitive and sustainable in the rapidly evolving automotive landscape.
The Mexico Automotive Transmission Market is primarily driven by factors such as the growing demand for fuel-efficient vehicles, increased vehicle production in the country, and the rise in disposable income among consumers. Additionally, the shift towards automatic transmissions due to convenience and technological advancements, as well as the expansion of the automotive industry in Mexico, are key drivers of market growth. Government regulations aimed at reducing emissions and improving vehicle efficiency also play a significant role in driving the adoption of advanced transmission systems in the automotive sector. Overall, these factors contribute to the steady growth of the Mexico Automotive Transmission Market as manufacturers and consumers alike prioritize performance, efficiency, and sustainability in the vehicles they produce and purchase.
The Mexico Automotive Transmission Market is significantly influenced by government policies aimed at promoting the growth of the automotive industry in the country. The Mexican government has implemented various measures to attract foreign investment and support local manufacturing, such as free trade agreements like the USMCA (United States-Mexico-Canada Agreement) which have led to the establishment of numerous automotive production plants in Mexico. Additionally, the government has incentivized the production of fuel-efficient and electric vehicles through tax breaks and subsidies to reduce emissions and promote sustainability in the automotive sector. These policies have created a favorable environment for automotive transmission manufacturers in Mexico, encouraging innovation and investment in the development of advanced transmission technologies to meet the evolving demands of the industry.
The Mexico Automotive Transmission Market is expected to experience steady growth in the coming years, driven by factors such as increasing vehicle production, technological advancements in transmission systems, and the rising demand for fuel-efficient vehicles. The country`s strong presence in the automotive manufacturing sector, coupled with the growing focus on electric and hybrid vehicles, is also anticipated to contribute to the market`s expansion. Additionally, government initiatives aimed at promoting the automotive industry and attracting investments are likely to further boost market growth. With key players investing in research and development to develop innovative transmission solutions, the Mexico Automotive Transmission Market is poised for development and is expected to offer lucrative opportunities for market players in the foreseeable future.
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 Mexico Automotive Transmission Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Automotive Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Automotive Transmission Market - Industry Life Cycle |
3.4 Mexico Automotive Transmission Market - Porter's Five Forces |
3.5 Mexico Automotive Transmission Market Revenues & Volume Share, By Engine, 2021 & 2031F |
3.6 Mexico Automotive Transmission Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Mexico Automotive Transmission Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Mexico Automotive Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Mexico |
4.2.2 Technological advancements leading to the development of advanced transmission systems |
4.2.3 Growing automotive production and sales in Mexico |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Stringent government regulations regarding emissions and fuel efficiency standards |
5 Mexico Automotive Transmission Market Trends |
6 Mexico Automotive Transmission Market, By Types |
6.1 Mexico Automotive Transmission Market, By Engine |
6.1.1 Overview and Analysis |
6.1.2 Mexico Automotive Transmission Market Revenues & Volume, By Engine, 2021 - 2031F |
6.1.3 Mexico Automotive Transmission Market Revenues & Volume, By IC Engine, 2021 - 2031F |
6.1.4 Mexico Automotive Transmission Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2 Mexico Automotive Transmission Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Mexico Automotive Transmission Market Revenues & Volume, By Manual, 2021 - 2031F |
6.2.3 Mexico Automotive Transmission Market Revenues & Volume, By Automatic, 2021 - 2031F |
6.2.4 Mexico Automotive Transmission Market Revenues & Volume, By Automated Manual Transmission (AMT), 2021 - 2031F |
6.2.5 Mexico Automotive Transmission Market Revenues & Volume, By Others (CVT, DCT), 2021 - 2031F |
6.3 Mexico Automotive Transmission Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Mexico Automotive Transmission Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Mexico Automotive Transmission Market Revenues & Volume, By Light Commercial Vehicle, 2021 - 2031F |
6.3.4 Mexico Automotive Transmission Market Revenues & Volume, By Heavy Commercial Vehicle, 2021 - 2031F |
6.3.5 Mexico Automotive Transmission Market Revenues & Volume, By Electric Vehicle, 2021 - 2031F |
7 Mexico Automotive Transmission Market Import-Export Trade Statistics |
7.1 Mexico Automotive Transmission Market Export to Major Countries |
7.2 Mexico Automotive Transmission Market Imports from Major Countries |
8 Mexico Automotive Transmission Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Mexico |
8.2 Adoption rate of advanced transmission technologies in the automotive sector |
8.3 Investment in RD for transmission systems in Mexico |
8.4 Number of vehicles produced in Mexico |
8.5 Export/import ratio of automotive parts and components in Mexico |
9 Mexico Automotive Transmission Market - Opportunity Assessment |
9.1 Mexico Automotive Transmission Market Opportunity Assessment, By Engine, 2021 & 2031F |
9.2 Mexico Automotive Transmission Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Mexico Automotive Transmission Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Mexico Automotive Transmission Market - Competitive Landscape |
10.1 Mexico Automotive Transmission Market Revenue Share, By Companies, 2024 |
10.2 Mexico Automotive Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |