Market Overview:
The global e-gear multispeed transmission 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 market growth can be attributed to the increasing demand for fuel-efficient vehicles and the rising trend of electrification of vehicles. The OEM segment is expected to account for a major share of the global e-gear multispeed transmission market during the forecast period. This can be attributed to the increasing demand for fuel-efficient vehicles from Original Equipment Manufacturers (OEMs). The aftermarket segment is projected to grow at a higher CAGR than the OEM segment during the forecast period. This can be attributed to factors such as increase in vehicle parc, technological advancements, and rise in awareness about replacement parts among consumers. Passenger cars are expected to account for a major share of the global e-gear multispeed transmission market during 2018–2030 owing high sales volume as compared with other applications segments such as commercial vehicles and two wheelers.
Product Definition:
An electronic gearbox that can change gears automatically, providing the driver with a range of speeds to choose from. The importance of an E-Gear transmission is that it provides drivers with a wide variety of speeds to choose from, making it easier for them to find the perfect speed for the situation.
OEM:
OEM is short for Original Equipment Manufacturer. It’s a term used in the automotive industry to refer to the company that manufactures the vehicle being marketed or sold under a brand name, such as Toyota Motor Corporation and General Motors Company. In transmission terms, OEM refers to an automobile manufacturer who supplies his vehicles' gearbox with differentials (speed ratios) and transmissions as well as complete drivetrains.
Aftermarket:
Aftermarket is the second hand or new parts of vehicles. In the case of automotive, it means parts that are manufactured but not used in a new vehicle. Aftermarket can also be defined as modifications made to an existing product for repair or improvement.
Application Insights:
The commercial vehicle segment held the largest share of over 70.0% in 2017. The growth can be attributed to the rising demand for e-gear multispeed transmissions from various commercial vehicles including trucks, busses and coaches among others. These types of transmission are especially preferred by manufacturers who offer a range of options to their customers so that they can customize their vehicles as per their requirements. OEMs such as ZF Friedrichshafen AG & Co., Ltd.; Hengstler Group GmbH; B&B Mecanica S.A.; and ITRI-Carbone Lorraine S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing sales of passenger cars and light commercial vehicles. Asia Pacific has been witnessing strong economic growth on account of rising disposable income, coupled with low-interest rates for loans. This is likely to boost e-gear multispeed transmission sales in this region over the forecast period.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from automotive manufacturers located there as well as from other regions due to their easy availability at competitive prices aftermarket wise along with OEMs shifting towards lightweight electric vehicles which require advanced technology such as e-gear multispeed transmissions for improved performance and efficiency reasons, thus driving product demand across all applications majorly passenger cars and LCVs/HCVs.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global automotive market is witnessing a shift towards fuel-efficient vehicles. This is driving the demand for E-Gear Multispeed Transmission, as it offers better fuel efficiency than traditional manual transmissions.
- Rising popularity of automatic transmissions: Automatic transmissions are becoming increasingly popular due to their ease of use and improved performance over manual transmissions. This is boosting the demand for E-Gear Multispeed Transmission systems.
- Growing preference for luxury cars: There is a growing preference for luxury cars among consumers in developed countries such as the US and Europe. This is leading to an increase in sales of high-end cars that come equipped with E-Gear Multispeed Transmission systems.
- Technological advancements: Automotive manufacturers are constantly innovating new technologies to improve the performance and efficiency of their products. This is resulting in the development of more advanced E-Gear Multispeed Transmission systems, which are finding increasing acceptance in the market place . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
E-Gear Multispeed Transmission Market Research Report
By Type
OEM, Aftermarket
By Application
Passenger Car, Commercial Vehicle
By Companies
GKN Automotive Limited, Quantum Works, ZF Friedrichshafen AG, ITS International, BorgWarner, Eaton, Allison Transmission, Kreisel, GKN Automotive Limited
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global E-Gear Multispeed Transmission Market Report Segments:
The global E-Gear Multispeed Transmission market is segmented on the basis of:
Types
OEM, Aftermarket
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 Car, 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:
- GKN Automotive Limited
- Quantum Works
- ZF Friedrichshafen AG
- ITS International
- BorgWarner
- Eaton
- Allison Transmission
- Kreisel
- GKN Automotive Limited
Highlights of The E-Gear Multispeed Transmission 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:
- OEM
- Aftermarket
- By Application:
- Passenger Car
- 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 E-Gear Multispeed Transmission 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
E-Gear Multispeed Transmission is a type of automatic transmission that allows the driver to select one of several gear ratios for driving. This transmission can provide increased fuel efficiency and performance when driving in different conditions.
Some of the major players in the e-gear multispeed transmission market are GKN Automotive Limited, Quantum Works, ZF Friedrichshafen AG, ITS International, BorgWarner, Eaton, Allison Transmission, Kreisel, GKN Automotive Limited.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size & Forecast, 2018-2028
4.5.1 E-Gear Multispeed Transmission Market Size and Y-o-Y Growth
4.5.2 E-Gear Multispeed Transmission Market Absolute $ Opportunity
Chapter 5 Global E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size Forecast by Type
5.2.1 OEM
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Analysis and Forecast
9.1 Introduction
9.2 North America E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size Forecast by Type
9.6.1 OEM
9.6.2 Aftermarket
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 E-Gear Multispeed Transmission Market Size Forecast by Applications
9.10.1 Passenger Car
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 E-Gear Multispeed Transmission Analysis and Forecast
10.1 Introduction
10.2 Europe E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size Forecast by Type
10.6.1 OEM
10.6.2 Aftermarket
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 E-Gear Multispeed Transmission Market Size Forecast by Applications
10.10.1 Passenger Car
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 E-Gear Multispeed Transmission Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size Forecast by Type
11.6.1 OEM
11.6.2 Aftermarket
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 E-Gear Multispeed Transmission Market Size Forecast by Applications
11.10.1 Passenger Car
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 E-Gear Multispeed Transmission Analysis and Forecast
12.1 Introduction
12.2 Latin America E-Gear Multispeed Transmission 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 E-Gear Multispeed Transmission Market Size Forecast by Type
12.6.1 OEM
12.6.2 Aftermarket
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 E-Gear Multispeed Transmission Market Size Forecast by Applications
12.10.1 Passenger Car
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) E-Gear Multispeed Transmission Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) E-Gear Multispeed Transmission 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) E-Gear Multispeed Transmission Market Size Forecast by Type
13.6.1 OEM
13.6.2 Aftermarket
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) E-Gear Multispeed Transmission Market Size Forecast by Applications
13.10.1 Passenger Car
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 E-Gear Multispeed Transmission Market: Competitive Dashboard
14.2 Global E-Gear Multispeed Transmission Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GKN Automotive Limited
14.3.2 Quantum Works
14.3.3 ZF Friedrichshafen AG
14.3.4 ITS International
14.3.5 BorgWarner
14.3.6 Eaton
14.3.7 Allison Transmission
14.3.8 Kreisel
14.3.9 GKN Automotive Limited
