Market Overview:
The global gear shift lever market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automatic gear shift levers in cars, trucks, and SUVs. Additionally, the growing automotive industry is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising disposable income and increasing demand for luxury vehicles in countries such as China and India.
Product Definition:
The gear shift lever is a device used to change gears in a manual transmission vehicle. It is usually located on the floor of the vehicle, and it is used to move the gears into different positions. The gear shift lever is important because it allows the driver to change gears easily and efficiently.
Automatic Gear Shift Lever:
Automatic gear shift lever, also known as gear stick or gearchange stick, is a device in an automobile that allows the driver to change gears without using the clutch. The automatic gear shift lever is usually mounted on the steering column and consists of a handle which can be turned by hand or foot to cycle through different gears.
Manual Gear Shift Lever:
Manual gear shift lever is a device that's used in automobiles to manually change gears. It’s an essential part of the transmission system and is also known as a stick or clutch pedal. The manual gear shift lever controls the transmission of vehicles by changing gears with the help of hand movement. In case of cars, it’s usually found on the steering column while, in case of bikes and scooters it can be mounted on handlebars or downtube.
Application Insights:
In 2017, the cars segment dominated the global gear shift lever market and is expected to maintain its dominance over the forecast period. The cars application segment includes passenger vehicles, sports cars, luxury/GT sports cars and others (such as commercial vehicles). The increasing number of production facilities for passenger vehicles in China, India and Brazil is expected to drive demand for GLSLs in these countries. In addition, an increase in production volumes of SUVs & trucks across major automotive markets including Germany, U.S., China and Japan will further fuel product demand over the forecast period.
The truck application segment accounted for a significant share of 21% in 2017 owing to high product penetration into various types of commercial vehicle such as box trucks among others which require a manual transmission or automatic transmission with clutch pedal operation mode. Moreover, growing emphasis on improving road safety by reducing driver fatigue through implementation of automated driving systems such as LDW will boost industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for automobiles on account of rapid urbanization, rising disposable income, and changing lifestyle. China is one of the largest markets in this region owing to low production cost coupled with easy availability of raw materials such as steel and labor. Moreover, government initiatives encouraging people to purchase electric vehicles are expected to further drive regional growth over the forecast period.
Europe accounted for a significant share in global revenue due to high demand from luxury car manufacturers including AUDI AG, BMW AG, Mercedes-Benz AMG GmbH & Co., Porsche Austria GmbH & Co., Volkswagen Group PLC; along with other automotive companies located there. In addition, presence of major automobile manufacturing companies including Ford Motor Company; Fiat Chrysler Automobiles N.V.; Daimler AG; BMW Group; Mercedes-Benz SPAIN SL AGRICULTURAL LTDA.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive sector in developing countries
- Rising disposable income of consumers
- Technological advancements in gear shift levers
- Growing popularity of automatic transmission vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Gear Shift Lever Market Research Report
By Type
Automatic Gear Shift Lever, Manual Gear Shift Lever
By Application
Cars, Truck, SUVs
By Companies
Bosch, Ford, Tokai Rika, Fuji Kiko, Kongsberg Automotive, ZF Steering Gear, Aisin Seiki, Ficosa International, CIE Automotive, Mahindra Sona, BMW Automobiles, TVS Motor Company, Tata Autocomp Systems, Sapura Group of Companies, Audi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Gear Shift Lever Market Report Segments:
The global Gear Shift Lever market is segmented on the basis of:
Types
Automatic Gear Shift Lever, Manual Gear Shift Lever
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cars, Truck, SUVs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Ford
- Tokai Rika
- Fuji Kiko
- Kongsberg Automotive
- ZF Steering Gear
- Aisin Seiki
- Ficosa International
- CIE Automotive
- Mahindra Sona
- BMW Automobiles
- TVS Motor Company
- Tata Autocomp Systems
- Sapura Group of Companies
- Audi
Highlights of The Gear Shift Lever Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic Gear Shift Lever
- Manual Gear Shift Lever
- By Application:
- Cars
- Truck
- SUVs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gear Shift Lever Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The gear shift lever is a control that allows the driver to change gears in a car. It is located on the center console or dashboard.
Some of the major companies in the gear shift lever market are Bosch, Ford, Tokai Rika, Fuji Kiko, Kongsberg Automotive, ZF Steering Gear, Aisin Seiki, Ficosa International, CIE Automotive, Mahindra Sona, BMW Automobiles, TVS Motor Company, Tata Autocomp Systems, Sapura Group of Companies, Audi.
The gear shift lever market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gear Shift Lever Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gear Shift Lever Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gear Shift Lever Market - Supply Chain
4.5. Global Gear Shift Lever Market Forecast
4.5.1. Gear Shift Lever Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gear Shift Lever Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gear Shift Lever Market Absolute $ Opportunity
5. Global Gear Shift Lever Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gear Shift Lever Market Size and Volume Forecast by Type
5.3.1. Automatic Gear Shift Lever
5.3.2. Manual Gear Shift Lever
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gear Shift Lever Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gear Shift Lever Market Size and Volume Forecast by Application
6.3.1. Cars
6.3.2. Truck
6.3.3. SUVs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gear Shift Lever Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gear Shift Lever Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gear Shift Lever Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gear Shift Lever Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gear Shift Lever Demand Share Forecast, 2019-2029
9. North America Gear Shift Lever Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gear Shift Lever Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gear Shift Lever Market Size and Volume Forecast by Application
9.4.1. Cars
9.4.2. Truck
9.4.3. SUVs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gear Shift Lever Market Size and Volume Forecast by Type
9.7.1. Automatic Gear Shift Lever
9.7.2. Manual Gear Shift Lever
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gear Shift Lever Demand Share Forecast, 2019-2029
10. Latin America Gear Shift Lever Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gear Shift Lever Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gear Shift Lever Market Size and Volume Forecast by Application
10.4.1. Cars
10.4.2. Truck
10.4.3. SUVs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gear Shift Lever Market Size and Volume Forecast by Type
10.7.1. Automatic Gear Shift Lever
10.7.2. Manual Gear Shift Lever
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gear Shift Lever Demand Share Forecast, 2019-2029
11. Europe Gear Shift Lever Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gear Shift Lever Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gear Shift Lever Market Size and Volume Forecast by Application
11.4.1. Cars
11.4.2. Truck
11.4.3. SUVs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gear Shift Lever Market Size and Volume Forecast by Type
11.7.1. Automatic Gear Shift Lever
11.7.2. Manual Gear Shift Lever
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gear Shift Lever Demand Share, 2019-2029
12. Asia Pacific Gear Shift Lever Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gear Shift Lever Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gear Shift Lever Market Size and Volume Forecast by Application
12.4.1. Cars
12.4.2. Truck
12.4.3. SUVs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gear Shift Lever Market Size and Volume Forecast by Type
12.7.1. Automatic Gear Shift Lever
12.7.2. Manual Gear Shift Lever
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gear Shift Lever Demand Share, 2019-2029
13. Middle East & Africa Gear Shift Lever Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gear Shift Lever Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gear Shift Lever Market Size and Volume Forecast by Application
13.4.1. Cars
13.4.2. Truck
13.4.3. SUVs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gear Shift Lever Market Size and Volume Forecast by Type
13.7.1. Automatic Gear Shift Lever
13.7.2. Manual Gear Shift Lever
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gear Shift Lever Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Gear Shift Lever Market: Market Share Analysis
14.2. Gear Shift Lever Distributors and Customers
14.3. Gear Shift Lever Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ford
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tokai Rika
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuji Kiko
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kongsberg Automotive
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZF Steering Gear
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aisin Seiki
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ficosa International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CIE Automotive
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mahindra Sona
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BMW Automobiles
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TVS Motor Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tata Autocomp Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sapura Group of Companies
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Audi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
