Market Overview:
The global two-stage 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. Based on type, the global two-stage transmission market has been segmented into front wheel drive, rear wheel drive, and all wheel drive. Among these segments, front wheel drive is expected to account for a major share of the global market during the forecast period. This can be attributed to its growing popularity in passenger cars owing to its superior fuel efficiency as compared with other types of transmissions. Rear wheel drive is also anticipated to witness significant growth during the forecast period on account of its high performance and durability characteristics.
Product Definition:
A two-stage transmission is a type of transmission that uses two gears to achieve a higher gear ratio. This type of transmission is often used in vehicles that need to achieve high speeds, such as racing cars. The two-stage transmission is important because it allows these vehicles to reach high speeds while still maintaining good fuel economy.
Front Wheel Drive:
The front wheel drive (FWD) is a type of transmission system in which the engine's rotational speed is directly dependent on the position of pedals or gear stick. In a conventional transmission, power from the engine goes to the rear wheels. However, in an FWD system, power from the engine goes to either front wheel through a clutch before going to final drive.
Rear Wheel Drive:
Rear wheel drive is a type of transmission system in which the driving force is applied to the rear wheels. It can be defined as a system where power from the engine is transmitted to the rear axle by means of driven sprockets or final drive. The RWD systems are generally used for cars, trucks, motorbikes and bicycles. In case of automobiles, it helps in better traction between road tires and reduces the chances of skidding during braking or accelerating.
Application Insights:
The passenger vehicles segment dominated the global two-stage transmission market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for passenger vehicles is primarily driven by rising disposable income levels of consumers, especially in emerging economies such as China, India and Brazil. Moreover, increasing sales of luxury cars are also propelling market growth. For instance, Mercedes Benz sold more than 300 thousand cars globally in 2016 while Audi sold over 200 thousand luxury cars globally that same year. Such factors are expected to drive demand for two-stage transmissions during the forecast period.
Global two-stage transmissions find applications across all types of commercial vehicles including light commercial vehicle (LCV), heavy commercial vehicle (HCV).
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing market, registering a CAGR of XX% from 2018 to 2030 owing to increasing sales of passenger vehicles and commercial vehicles. The region has witnessed significant growth in recent years due to favorable government policies promoting the sale of electric cars as well as plug-in hybrid electric cars. This policy encourages consumers not only in China but also across other Asia Pacific countries such as India, Indonesia, and Thailand, who own a private vehicle or a car loan for purchasing these premium automobiles with low monthly installments and attractive interest rates over conventional fuel driven vehicles.
Growth Factors:
- Increasing demand for two-stage transmissions in the agricultural and construction equipment industries
- Growing popularity of automatic transmissions
- Rising demand for fuel-efficient vehicles
- Technological advancements in two-stage transmission systems
- Stringent government regulations on fuel emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-stage Transmission Market Research Report
By Type
Front Wheel Drive, Rear Wheel Drive, All-Wheel Drive
By Application
Passenger Vehicles, Commercial Vehicle
By Companies
Eaton, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Cummins Inc., Mando Corporation, Neugart GmbH, Marelli, Allison Transmission, Aisin Seiki Co. Ltd, Magna International Inc., Schaeffler AG, Hyundai Dymos
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Two-stage Transmission Market Report Segments:
The global Two-stage Transmission market is segmented on the basis of:
Types
Front Wheel Drive, Rear Wheel Drive, All-Wheel Drive
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 Vehicles, 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:
- Eaton
- Robert Bosch GmbH
- Denso Corporation
- ZF Friedrichshafen AG
- Cummins Inc.
- Mando Corporation
- Neugart GmbH
- Marelli
- Allison Transmission
- Aisin Seiki Co. Ltd
- Magna International Inc.
- Schaeffler AG
- Hyundai Dymos
Highlights of The Two-stage 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:
- Front Wheel Drive
- Rear Wheel Drive
- All-Wheel Drive
- By Application:
- Passenger Vehicles
- 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 Two-stage 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
- Channel & Customer Management
- 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?
Two-stage transmission is a type of automatic transmission in which the gear ratios are changed as the vehicle moves from one speed to another.
Some of the major companies in the two-stage transmission market are Eaton, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Cummins Inc., Mando Corporation, Neugart GmbH, Marelli, Allison Transmission, Aisin Seiki Co. Ltd, Magna International Inc., Schaeffler AG, Hyundai Dymos.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Two-stage 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 Two-stage Transmission Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Two-stage 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 Two-stage 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 Two-stage Transmission Market Size & Forecast, 2020-2028
4.5.1 Two-stage Transmission Market Size and Y-o-Y Growth
4.5.2 Two-stage Transmission Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Front Wheel Drive
5.2.2 Rear Wheel Drive
5.2.3 All-Wheel Drive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Two-stage 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 Two-stage 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Front Wheel Drive
9.6.2 Rear Wheel Drive
9.6.3 All-Wheel Drive
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicles
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Front Wheel Drive
10.6.2 Rear Wheel Drive
10.6.3 All-Wheel Drive
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicles
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Front Wheel Drive
11.6.2 Rear Wheel Drive
11.6.3 All-Wheel Drive
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicles
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Front Wheel Drive
12.6.2 Rear Wheel Drive
12.6.3 All-Wheel Drive
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicles
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Front Wheel Drive
13.6.2 Rear Wheel Drive
13.6.3 All-Wheel Drive
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicles
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 Two-stage Transmission Market: Competitive Dashboard
14.2 Global Two-stage Transmission Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 Robert Bosch GmbH
14.3.3 Denso Corporation
14.3.4 ZF Friedrichshafen AG
14.3.5 Cummins Inc.
14.3.6 Mando Corporation
14.3.7 Neugart GmbH
14.3.8 Marelli
14.3.9 Allison Transmission
14.3.10 Aisin Seiki Co. Ltd
14.3.11 Magna International Inc.
14.3.12 Schaeffler AG
14.3.13 Hyundai Dymos
