Bharat Book Bureau Provides the Trending Market Research Report on“Global Automotive Transmission Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Automotive Transmission Market is expected to grow at a CAGR of roughly 8.0% over the next five years, will reach 5250 million US$ in 2024.
Global Automotive Transmission Market is a machine that consists of a power source and a power transmission system, which provides controlled application of the power. Often the term transmission refers simply to the gearbox that uses gears and gear trains to provide speed and torque conversions from a rotating power source to another device.
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Scope of the Report:
China is the largest consumer of Automotive Transmission and is expected to retain the higher growth rate during the next five years due to strong growth in automotive industry. China have witnessed a major chunk of the production and consumption of Automotive Transmission in the Asia Pacific region. Actually, that is why manufacturers have several plants, usually close to aimed demand market.
The import and export business of this industry is not frequent. The main reason lies in that many international manufacturers expand their business through building factories or investments in targeted markets. Also, many major players have built up plants in developing countries, like India and Thailand.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Automotive Transmission starch will increase.
The worldwide market for Automotive Transmission is expected to grow at a CAGR of roughly 2.6% over the next five years, will reach 121200 million US$ in 2024, from 103800 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Automotive Transmission in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers:
Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
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