Automatic Transmission AT Market 2019-2024
Automatic Transmission AT is an automobile part which can change the automobile’s speed and torque by hydraulic transmission and gear combination; it includes hydraulic torque converter, planetary gear and hydraulic control system.
So far, the automatic transmission AT technology is relatively close, the core technology is mastered by some big vehicle company, the price occupies about 10% of the whole vehicle, the imported automatic transmission AT ’s price is higher than China’s price.
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The vehicle which installs automatic transmission AT has higher fuel consumption than the vehicles which install manual transmission and the vehicle which installs automatic transmission AT are easier driving than the vehicles which installs manual transmission. So, the automatic transmission AT installed proportion is different in different country due to different countries’ oil price and driving feeling. The US vehicle has about 95% installed proportion, the Japan vehicle has about 90% installed proportion, the EU has about less than 20% installed proportion, the China vehicle has about 45% installed proportion from about 35% to 45%.
The automatic transmission AT is mainly produced by the above listed company, like Aisin, ZF, Jatco and so on, these companies occupied more than 90% market share in 2014.
US and China is the two highest consumption countries in automatic transmission AT market, the US can meet its demand, but China can’t meet its demand, its automatic transmission AT depends on the import and the automatic transmission AT produced in China are mainly produced by the joint venture enterprise, China s domestic enterprises only occupy about 10% market share. In the future, the proportion of installing automatic transmission AT will increase, the China s domestic enterprises’ market share may increase.
Although sales of automatic transmission AT brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the automatic transmission AT field hastily.
According to this study, over the next five years the Automatic Transmission AT market will register a 144.0% CAGR in terms of revenue, the global market size will reach US$ 29768600 million by 2024, from US$ 141100 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Automatic Transmission AT business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Transmission AT market by product type, application, key manufacturers and key regions and countries.
This study considers the Automatic Transmission AT value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Automatic Transmission AT consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automatic Transmission AT market by identifying its various subsegments.
Focuses on the key global Automatic Transmission AT manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automatic Transmission AT with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Automatic Transmission AT submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Our analysts can customize this market research report to meet your requirements.
Name: Jennifer Daniel
Organization: Planet Market Reports