Market Overview:
The global advanced gear shifter system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles. Additionally, the rising awareness about fuel efficiency and safety among consumers is also propelling the growth of this market. On the basis of type, electronic gear shifters are expected to account for a larger share in terms of value as compared to mechanical gear shifters during the forecast period. This can be attributed to their growing popularity among consumers owing to their superior performance and features such as automatic transmission control, hill start assist, etc. On the basis of application, passenger vehicles are anticipated hold a larger share in terms value as compared with commercial vehicles during 2018-2030.
Product Definition:
An advanced gear shifter system is a mechanism that allows drivers to change gears more easily and quickly. This system typically includes a number of levers or paddles that can be manipulated by the driver to change gears. The importance of an advanced gear shifter system lies in its ability to improve performance and make driving easier.
Electronic Gear Shifter:
An electronic gear shifter is an essential component of any automatic transmission. It’s a mechanism that allows changing gears in minimum time and with least efforts. The basic function of an electronic gear shifter is to change the speed and position of multiple gears simultaneously without human intervention.
Mechanical Gear Shifter:
A mechanical gear shifter is a device that changes gears in a fixed ratio with the help of dogs, cogs or chains. The most common type of mechanical gear shifters are located in the rear of vehicles and they are known as manual transmission. There are also other types of gear shifting systems which can be found in cars, motorcycles and bicycles which include an automated mechanism for changing gears by using levers or buttons.
Application Insights:
The commercial vehicle segment held the largest share of over 70.0% in 2017. The demand for advanced gear shifter system in commercial vehicles is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to the growing need for safety and comfort while driving, increased focus on fuel efficiency, and improved performance in traffic conditions among other factors.
Advanced gear shifters are integrated with features such as Hill Holder, which prevents unwanted movement when shifting gears during hard braking or accelerating on hills thereby maintaining vehicle stability and reducing driver fatigue issues caused due to continuous engagement of brake/gas pedal or clutch pedal respectively while driving a car or truck.
Regional Analysis:
The North American regional market dominated the global advanced gear shifter system in 2017. The growing adoption of advanced automotive technologies, such as automatic transmission, is one of the major factors contributing to the large share captured by this region. In addition, rising demand for improved fuel efficiency and reduced carbon emissions in light of stringent government regulations is expected to drive product demand over the forecast period.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to increasing sales volume and awareness regarding these systems among customers. Furthermore, supportive government initiatives aimed at improving vehicle safety standards are anticipated to further boost product sales over the coming years. For instance, according a recent study conducted by China Association of Automobile Manufacturers (CAAM), annual car production increased from 12 million units in 2010 up till 9 million units in 2016; with premium cars accounting for 60% or less than 10 million annually sold across China since 2010 up till 2016).
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Rising disposable income of consumers
- Technological advancements in gear shifter systems
- Stringent government regulations on fuel emissions and safety standards
- Growing popularity of automatic transmission vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Gear Shifter System Market Research Report
By Type
Electronic Gear Shifter, Mechanical Gear Shifter
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Kongsberg, ZF, GHSP, SL Corporation, Sila, Ficosa, Fuji Kiko, Kostal, DURA, Tokai Rika, Kongsberg, Chongqing Downwind, Nanjing Aolin
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Gear Shifter System Market Report Segments:
The global Advanced Gear Shifter System market is segmented on the basis of:
Types
Electronic Gear Shifter, Mechanical Gear Shifter
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
Passenger Vehicle, Commercial Vehicle
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:
- Kongsberg
- ZF
- GHSP
- SL Corporation
- Sila
- Ficosa
- Fuji Kiko
- Kostal
- DURA
- Tokai Rika
- Kongsberg
- Chongqing Downwind
- Nanjing Aolin
Highlights of The Advanced Gear Shifter System 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:
- Electronic Gear Shifter
- Mechanical Gear Shifter
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Advanced Gear Shifter System 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
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- Product & Brand Management
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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?
Advanced Gear Shifter System (AGSS) is a new type of gearbox that replaces the traditional manual transmission in some vehicles. AGSS allows drivers to shift gears using a controller instead of their hands. This system is becoming more common on luxury cars and SUVs, as it offers an increased level of convenience and control over the vehicle's gears.
Some of the major companies in the advanced gear shifter system market are Kongsberg, ZF, GHSP, SL Corporation, Sila, Ficosa, Fuji Kiko, Kostal, DURA, Tokai Rika, Kongsberg, Chongqing Downwind, Nanjing Aolin.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Advanced Gear Shifter System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Advanced Gear Shifter System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Advanced Gear Shifter System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Advanced Gear Shifter System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Advanced Gear Shifter System Market Size & Forecast, 2018-2028 4.5.1 Advanced Gear Shifter System Market Size and Y-o-Y Growth 4.5.2 Advanced Gear Shifter System Market Absolute $ Opportunity
Chapter 5 Global Advanced Gear Shifter System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Advanced Gear Shifter System Market Size Forecast by Type
5.2.1 Electronic Gear Shifter
5.2.2 Mechanical Gear Shifter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Advanced Gear Shifter System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Advanced Gear Shifter System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Advanced Gear Shifter System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Advanced Gear Shifter System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Advanced Gear Shifter System Analysis and Forecast
9.1 Introduction
9.2 North America Advanced Gear Shifter System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Advanced Gear Shifter System Market Size Forecast by Type
9.6.1 Electronic Gear Shifter
9.6.2 Mechanical Gear Shifter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Advanced Gear Shifter System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Advanced Gear Shifter System Analysis and Forecast
10.1 Introduction
10.2 Europe Advanced Gear Shifter System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Advanced Gear Shifter System Market Size Forecast by Type
10.6.1 Electronic Gear Shifter
10.6.2 Mechanical Gear Shifter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Advanced Gear Shifter System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Advanced Gear Shifter System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Advanced Gear Shifter System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Advanced Gear Shifter System Market Size Forecast by Type
11.6.1 Electronic Gear Shifter
11.6.2 Mechanical Gear Shifter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Advanced Gear Shifter System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Advanced Gear Shifter System Analysis and Forecast
12.1 Introduction
12.2 Latin America Advanced Gear Shifter System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Advanced Gear Shifter System Market Size Forecast by Type
12.6.1 Electronic Gear Shifter
12.6.2 Mechanical Gear Shifter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Advanced Gear Shifter System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Advanced Gear Shifter System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Advanced Gear Shifter System Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Advanced Gear Shifter System Market Size Forecast by Type
13.6.1 Electronic Gear Shifter
13.6.2 Mechanical Gear Shifter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Advanced Gear Shifter System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Advanced Gear Shifter System Market: Competitive Dashboard
14.2 Global Advanced Gear Shifter System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kongsberg
14.3.2 ZF
14.3.3 GHSP
14.3.4 SL Corporation
14.3.5 Sila
14.3.6 Ficosa
14.3.7 Fuji Kiko
14.3.8 Kostal
14.3.9 DURA
14.3.10 Tokai Rika
14.3.11 Kongsberg
14.3.12 Chongqing Downwind
14.3.13 Nanjing Aolin