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. Ever since, automatic transmission systems are being implemented at a significant rate, majorly across the passenger vehicles segment. The adoption rate of automatic transmission is, however, low majorly due to the added cost of the vehicle.

The most prominent advantage of using automatic transmission is the immense comfort offered by automatic transmission systems. Using automatic transmission, it becomes highly convenient for learners to use vehicles. The only part where concentration is need is road conditions and vehicle speed. With the rising overall automotive industry coupled with discretionary income of the people worldwide, the market is estimated to witness substantial growth during the forecast period. Another major advantage is consistent fuel efficiency offered by these systems. Although manual transmission is more fuel efficient as compared to the automatic counterpart, the overall efficiency largely depends upon the nature of driving. Since automatic transmission is designed to automatically shift gear depending upon the road conditions (bumps, mountains etc.), the overall fuel efficiency of automatic transmission is quite consistent.

The report titled “Global Automotive Automatic Transmission Market- Growth, Future Prospects and Competitive Analysis, 2023 – 2030” offers strategic insights into the global automotive automatic transmission market along with the market size and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of market segments based on fuel type, vehicle class and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2021 & 2030. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading automotive automatic transmission vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Continental AG, Aisin Seiki Co., Ltd., ZF Friedrichshafen, BorgWarner, Inc., Delphi Automotive, Eaton Corporation, Magna International, Fiat Powertrain Technologies, Tremec and others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the automotive industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2020 – 2021)
• SRC (Segment-Region-Country) Analysis

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Automotive Automatic Transmission market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Automotive Automatic Transmission market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Automotive Automatic Transmission market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Automotive Automatic Transmission market?
• Which is the largest regional market for Automotive Automatic Transmission market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Automotive Automatic Transmission market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Automotive Automatic Transmission market worldwide?