Global Automatic Transmission (AT) Market Growth 2024-2030
The Automatic Transmission (AT) market was valued at USD 146.85 Billion in 2023, with a growing trend due to the increasing demand for automatic and hybrid transmission systems in
- Bonafide Trust
- 31-05-2024
- Pages : 84
- Figures : 84
- Tables : 152
- Region : Global
- Category : Automotive & Transport
- Automotive Parts
Introduction
Automatic Transmission (AT) is an automobile part which can change the automobile’s speed and torque by hydraulic transmission and gear combination; it includes hydraulic torque converter, planetary gear and hydraulic control system.
Market Insights
According to the Publishers’ latest study, the global Automatic Transmission (AT) market size was valued at US$ 146850 million in 2023. With growing demand in downstream market, the Automatic Transmission (AT) is forecast to a readjusted size of US$ 163620 million by 2030 with a CAGR of 1.6% during review period.
Global Automatic Transmission (AT) key players include AISIN, GM, Volkswagen, ZF, Hyundai, etc. Global top five players hold a share about 65%.
North America is the largest market, with a share about 50%, followed by Europe and Japan, having a total share about 35 percent.
In terms of product, 4 HP is the largest segment, with a share about 30%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
Key Features:
The report on Automatic Transmission (AT) market reflects various aspects and provide valuable insights into the industry.
Trends:
Shift Towards Fuel-Efficient and Eco-Friendly Transmissions: There is a growing trend towards the development and adoption of automatic transmissions that offer improved fuel efficiency and reduced emissions, driven by stringent environmental regulations and consumer demand for more sustainable vehicles.
Advancements in Transmission Technology: The automatic transmission market has witnessed significant technological advancements, including the introduction of continuously variable transmissions (CVTs), dual-clutch transmissions (DCTs), and advanced hydraulic and electronic control systems, which have enhanced transmission performance, efficiency, and reliability.
Increasing Demand for Comfort and Driving Experience: Consumers are increasingly prioritizing comfort, convenience, and driving experience, leading to a rising demand for automatic transmissions that provide smooth, seamless, and responsive power delivery.
Shift Towards Electrification and Hybridization: The growing trend towards the electrification and hybridization of vehicles has influenced the automatic transmission market, with the development of specialized transmissions for electric and hybrid powertrains.
Automation and Digitalization: The automotive industry's focus on automation, connectivity, and digitalization has driven the integration of advanced sensors, control systems, and data analytics into automatic transmissions, enabling improved performance, diagnostics, and predictive maintenance.
Drivers:
Increasing Demand for Passenger and Commercial Vehicles: The rising global demand for both passenger and commercial vehicles, particularly in emerging markets, has been a significant driver for the automatic transmission market.
Stringent Fuel Efficiency and Emission Regulations: Stringent government regulations and targets for improving fuel efficiency and reducing greenhouse gas emissions have compelled automakers to adopt more fuel-efficient automatic transmission technologies.
Improved Driving Experience and Comfort: Consumers' preference for vehicles with smooth, responsive, and comfortable driving experiences has fueled the demand for automatic transmissions in both passenger and commercial vehicles.
Technological Advancements and Innovation: Continuous advancements in automatic transmission technologies, such as the development of CVTs, DCTs, and integrated electronic control systems, have enhanced the performance, efficiency, and reliability of these transmissions.
Growing Electrification and Hybridization of Vehicles: The increasing adoption of electric and hybrid vehicles has created a need for specialized automatic transmissions that can integrate with these advanced powertrain technologies.
Opportunities:
Expansion in Emerging Markets: The rapid economic growth and rising purchasing power in developing regions, such as Asia-Pacific and Latin America, offer significant opportunities for the automatic transmission market to expand its customer base.
Increasing Penetration of Automatic Transmissions: Despite the growing popularity of automatic transmissions, there is still room for further market penetration, particularly in regions where manual transmissions have traditionally been more prevalent.
Advancements in Transmission Technology: Ongoing research and development in automatic transmission technologies, such as the development of more efficient and compact designs, can enhance the competitiveness of these transmissions in the market.
Integration with Electric and Hybrid Powertrains: The growing shift towards vehicle electrification and hybridization presents opportunities for the automatic transmission market to develop specialized transmissions tailored for these advanced powertrain systems.
Collaboration and Partnerships: Increased collaboration and partnerships between automakers, transmission suppliers, and technology providers can lead to the development of innovative transmission solutions that cater to evolving market needs.
Threats:
Competition from Manual Transmissions and Emerging Technologies: Despite the rising popularity of automatic transmissions, manual transmissions and emerging transmission technologies, such as continuously variable transmissions (CVTs) and dual-clutch transmissions (DCTs), can pose a threat to the market share of traditional automatic transmissions.
Complexity and Maintenance Costs: Automatic transmissions are generally more complex and require specialized maintenance, which can result in higher ownership and servicing costs for consumers, potentially limiting their adoption in certain price-sensitive market segments.
Regulatory Uncertainties: Changes in fuel efficiency and emission regulations, as well as the potential for the introduction of new standards, can create uncertainty and impact the development and adoption of automatic transmission technologies.
Supply Chain Disruptions: Disruptions in the global supply chain, such as those caused by the COVID-19 pandemic or geopolitical tensions, can affect the availability of critical components and materials needed for the production of automatic transmissions.
Technological Disruption: The rapid advancements in alternative powertrain technologies, such as electric and fuel cell vehicles, may disrupt the traditional internal combustion engine-based automatic transmission market in the long term.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automatic Transmission (AT) market. It may include historical data, market segmentation by Type (e.g., 4 HP, 5 HP), and regional breakdowns.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automatic Transmission (AT) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automatic Transmission (AT) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automatic Transmission (AT) market. The report also evaluates the effectiveness of these policies in driving market growth.
Market Forecasts and Future Outlook: The global automatic transmission market is poised for continued growth in the coming years, driven by the increasing demand for fuel-efficient and technologically advanced vehicles, the growing preference for comfort and driving experience, and the expanding automotive market, particularly in emerging economies.
Market Segmentation:
Automatic Transmission (AT) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
4 HP
5 HP
6 HP
7 HP
8 HP
9 HP
10 HP
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AISIN
GM
Volkswagen
ZF
Hyundai
Daimler
Jatco
Ford
HONDA
Toyota
FIAT
SHANXI Fast
GEELY
Shengrui
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Table of Contents
- 1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
- 2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Automatic Transmission (AT) Annual Sales 2019-2030
- 2.1.2 World Current & Future Analysis for Automatic Transmission (AT) by Geographic Region, 2019, 2023 & 2030
- 2.1.3 World Current & Future Analysis for Automatic Transmission (AT) by Country/Region, 2019, 2023 & 2030
- 2.2 Automatic Transmission (AT) Segment by Type
- 2.2.1 4 HP
- 2.2.2 5 HP
- 2.2.3 6 HP
- 2.2.4 7 HP
- 2.2.5 8 HP
- 2.2.6 9 HP
- 2.2.7 10 HP
- 2.3 Automatic Transmission (AT) Sales by Type
- 2.3.1 Global Automatic Transmission (AT) Sales Market Share by Type (2019-2024)
- 2.3.2 Global Automatic Transmission (AT) Revenue and Market Share by Type (2019-2024)
- 2.3.3 Global Automatic Transmission (AT) Sale Price by Type (2019-2024)
- 2.4 Automatic Transmission (AT) Segment by Application
- 2.4.1 Passenger Vehicle
- 2.4.2 Commercial Vehicle
- 2.5 Automatic Transmission (AT) Sales by Application
- 2.5.1 Global Automatic Transmission (AT) Sale Market Share by Application (2019-2024)
- 2.5.2 Global Automatic Transmission (AT) Revenue and Market Share by Application (2019-2024)
- 2.5.3 Global Automatic Transmission (AT) Sale Price by Application (2019-2024)
- 3 Global Automatic Transmission (AT) by Company
- 3.1 Global Automatic Transmission (AT) Breakdown Data by Company
- 3.1.1 Global Automatic Transmission (AT) Annual Sales by Company (2019-2024)
- 3.1.2 Global Automatic Transmission (AT) Sales Market Share by Company (2019-2024)
- 3.2 Global Automatic Transmission (AT) Annual Revenue by Company (2019-2024)
- 3.2.1 Global Automatic Transmission (AT) Revenue by Company (2019-2024)
- 3.2.2 Global Automatic Transmission (AT) Revenue Market Share by Company (2019-2024)
- 3.3 Global Automatic Transmission (AT) Sale Price by Company
- 3.4 Key Manufacturers Automatic Transmission (AT) Producing Area Distribution, Sales Area, Product Type
- 3.4.1 Key Manufacturers Automatic Transmission (AT) Product Location Distribution
- 3.4.2 Players Automatic Transmission (AT) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
- 4 World Historic Review for Automatic Transmission (AT) by Geographic Region
- 4.1 World Historic Automatic Transmission (AT) Market Size by Geographic Region (2019-2024)
- 4.1.1 Global Automatic Transmission (AT) Annual Sales by Geographic Region (2019-2024)
- 4.1.2 Global Automatic Transmission (AT) Annual Revenue by Geographic Region (2019-2024)
- 4.2 World Historic Automatic Transmission (AT) Market Size by Country/Region (2019-2024)
- 4.2.1 Global Automatic Transmission (AT) Annual Sales by Country/Region (2019-2024)
- 4.2.2 Global Automatic Transmission (AT) Annual Revenue by Country/Region (2019-2024)
- 4.3 Americas Automatic Transmission (AT) Sales Growth
- 4.4 APAC Automatic Transmission (AT) Sales Growth
- 4.5 Europe Automatic Transmission (AT) Sales Growth
- 4.6 Middle East & Africa Automatic Transmission (AT) Sales Growth
- 5 Americas
- 5.1 Americas Automatic Transmission (AT) Sales by Country
- 5.1.1 Americas Automatic Transmission (AT) Sales by Country (2019-2024)
- 5.1.2 Americas Automatic Transmission (AT) Revenue by Country (2019-2024)
- 5.2 Americas Automatic Transmission (AT) Sales by Type
- 5.3 Americas Automatic Transmission (AT) Sales by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
- 6 APAC
- 6.1 APAC Automatic Transmission (AT) Sales by Region
- 6.1.1 APAC Automatic Transmission (AT) Sales by Region (2019-2024)
- 6.1.2 APAC Automatic Transmission (AT) Revenue by Region (2019-2024)
- 6.2 APAC Automatic Transmission (AT) Sales by Type
- 6.3 APAC Automatic Transmission (AT) Sales by Application
- 6.4 China
- 6.5 Japan
- 6.6 South Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 China Taiwan
- 7 Europe
- 7.1 Europe Automatic Transmission (AT) by Country
- 7.1.1 Europe Automatic Transmission (AT) Sales by Country (2019-2024)
- 7.1.2 Europe Automatic Transmission (AT) Revenue by Country (2019-2024)
- 7.2 Europe Automatic Transmission (AT) Sales by Type
- 7.3 Europe Automatic Transmission (AT) Sales by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 8 Middle East & Africa
- 8.1 Middle East & Africa Automatic Transmission (AT) by Country
- 8.1.1 Middle East & Africa Automatic Transmission (AT) Sales by Country (2019-2024)
- 8.1.2 Middle East & Africa Automatic Transmission (AT) Revenue by Country (2019-2024)
- 8.2 Middle East & Africa Automatic Transmission (AT) Sales by Type
- 8.3 Middle East & Africa Automatic Transmission (AT) Sales by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
- 9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
- 10 Manufacturing Cost Structure Analysis
- 10.1 Raw Material and Suppliers
- 10.2 Manufacturing Cost Structure Analysis of Automatic Transmission (AT)
- 10.3 Manufacturing Process Analysis of Automatic Transmission (AT)
- 10.4 Industry Chain Structure of Automatic Transmission (AT)
- 11 Marketing, Distributors and Customer
- 11.1 Sales Channel
- 11.1.1 Direct Channels
- 11.1.2 Indirect Channels
- 11.2 Automatic Transmission (AT) Distributors
- 11.3 Automatic Transmission (AT) Customer
- 12 World Forecast Review for Automatic Transmission (AT) by Geographic Region
- 12.1 Global Automatic Transmission (AT) Market Size Forecast by Region
- 12.1.1 Global Automatic Transmission (AT) Forecast by Region (2025-2030)
- 12.1.2 Global Automatic Transmission (AT) Annual Revenue Forecast by Region (2025-2030)
- 12.2 Americas Forecast by Country
- 12.3 APAC Forecast by Region
- 12.4 Europe Forecast by Country
- 12.5 Middle East & Africa Forecast by Country
- 12.6 Global Automatic Transmission (AT) Forecast by Type
- 12.7 Global Automatic Transmission (AT) Forecast by Application
- 13 Key Players Analysis
- 13.1 AISIN
- 13.1.1 AISIN Company Information
- 13.1.2 AISIN Automatic Transmission (AT) Product Portfolios and Specifications
- 13.1.3 AISIN Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.1.4 AISIN Main Business Overview
- 13.1.5 AISIN Latest Developments
- 13.2 GM
- 13.2.1 GM Company Information
- 13.2.2 GM Automatic Transmission (AT) Product Portfolios and Specifications
- 13.2.3 GM Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.2.4 GM Main Business Overview
- 13.2.5 GM Latest Developments
- 13.3 Volkswagen
- 13.3.1 Volkswagen Company Information
- 13.3.2 Volkswagen Automatic Transmission (AT) Product Portfolios and Specifications
- 13.3.3 Volkswagen Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.3.4 Volkswagen Main Business Overview
- 13.3.5 Volkswagen Latest Developments
- 13.4 ZF
- 13.4.1 ZF Company Information
- 13.4.2 ZF Automatic Transmission (AT) Product Portfolios and Specifications
- 13.4.3 ZF Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.4.4 ZF Main Business Overview
- 13.4.5 ZF Latest Developments
- 13.5 Hyundai
- 13.5.1 Hyundai Company Information
- 13.5.2 Hyundai Automatic Transmission (AT) Product Portfolios and Specifications
- 13.5.3 Hyundai Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.5.4 Hyundai Main Business Overview
- 13.5.5 Hyundai Latest Developments
- 13.6 Daimler
- 13.6.1 Daimler Company Information
- 13.6.2 Daimler Automatic Transmission (AT) Product Portfolios and Specifications
- 13.6.3 Daimler Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.6.4 Daimler Main Business Overview
- 13.6.5 Daimler Latest Developments
- 13.7 Jatco
- 13.7.1 Jatco Company Information
- 13.7.2 Jatco Automatic Transmission (AT) Product Portfolios and Specifications
- 13.7.3 Jatco Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.7.4 Jatco Main Business Overview
- 13.7.5 Jatco Latest Developments
- 13.8 Ford
- 13.8.1 Ford Company Information
- 13.8.2 Ford Automatic Transmission (AT) Product Portfolios and Specifications
- 13.8.3 Ford Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.8.4 Ford Main Business Overview
- 13.8.5 Ford Latest Developments
- 13.9 HONDA
- 13.9.1 HONDA Company Information
- 13.9.2 HONDA Automatic Transmission (AT) Product Portfolios and Specifications
- 13.9.3 HONDA Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.9.4 HONDA Main Business Overview
- 13.9.5 HONDA Latest Developments
- 13.10 Toyota
- 13.10.1 Toyota Company Information
- 13.10.2 Toyota Automatic Transmission (AT) Product Portfolios and Specifications
- 13.10.3 Toyota Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.10.4 Toyota Main Business Overview
- 13.10.5 Toyota Latest Developments
- 13.11 FIAT
- 13.11.1 FIAT Company Information
- 13.11.2 FIAT Automatic Transmission (AT) Product Portfolios and Specifications
- 13.11.3 FIAT Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.11.4 FIAT Main Business Overview
- 13.11.5 FIAT Latest Developments
- 13.12 SHANXI Fast
- 13.12.1 SHANXI Fast Company Information
- 13.12.2 SHANXI Fast Automatic Transmission (AT) Product Portfolios and Specifications
- 13.12.3 SHANXI Fast Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.12.4 SHANXI Fast Main Business Overview
- 13.12.5 SHANXI Fast Latest Developments
- 13.13 GEELY
- 13.13.1 GEELY Company Information
- 13.13.2 GEELY Automatic Transmission (AT) Product Portfolios and Specifications
- 13.13.3 GEELY Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.13.4 GEELY Main Business Overview
- 13.13.5 GEELY Latest Developments
- 13.14 Shengrui
- 13.14.1 Shengrui Company Information
- 13.14.2 Shengrui Automatic Transmission (AT) Product Portfolios and Specifications
- 13.14.3 Shengrui Automatic Transmission (AT) Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.14.4 Shengrui Main Business Overview
- 13.14.5 Shengrui Latest Developments
- 14 Research Findings and Conclusion
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