In 2022, the total value of the global market for electric two-wheelers reached US $22 Billion. The market will reach US $ 84.54 Billion by the year 2031, expanding at a CAGR of 16.47% during the forecast period of 2023 to 2031.
Automotive automatic transmission, also called as auto/self-shifting transmission, refers to a transmission system that is capable of changing automatically as the vehicle starts moving. Unlike manual transmission systems, automatic transmission eliminates the need for human intervention for gear shifting thereby providing better comfort to the driver. The history of automatic transmission dates back to early 1920s (invented by Alfred Horner Munro, Canadian steam engineer.
Material processing (viz. grinding, polishing, deburring and cutting) are among the most crucial operations carried across different industrial applications. Due to immense significance of precise finishing, it becomes highly essential for the industrial manufacturing and processing companies to adopt viable solutions so as to ensure accurate finishing of the concerned products and components.
Automotive