Automatic Transmission
Publication Date
February 2024
USD 220.79 billion
USD 391.48 billion
USD 239.41 billion
Automatic Transmission Market by Transmission Type (Automated Manual Transmission, Automatic Transmission, Continuous Variable Transmission), Vehicle Type (Commercial Vehicle, Passenger Vehicle) - Global Forecast 2024-2030

[189 Pages Report] The Automatic Transmission Market size was estimated at USD 220.79 billion in 2023 and expected to reach USD 239.41 billion in 2024, at a CAGR 8.52% to reach USD 391.48 billion by 2030.

Automatic Transmission Market
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An automatic transmission is a complex mechanical system that facilitates the automatic changing of gears within the powertrain of a vehicle. Unlike manual transmission systems, where the driver needs to engage and disengage gears manually, an automatic transmission system handles this process without direct driver intervention. It adjusts the gear ratios automatically as the vehicle moves, allowing the engine to operate efficiently at various speeds. The system uses a torque converter, planetary gear sets, hydraulic controls, and electronic sensors to ensure smooth and timely gear transitions, thereby providing a more relaxed and comfortable driving experience for the driver. The increasing cutting-edge technologies, such as CVT and DCT, alongside a surge in demand for fuel-efficient vehicles in response to stringent global regulations, drive the market growth. However, challenges such as premium costs, intricate maintenance, and regional preferences for manual gearboxes pose barriers to growth. Innovations in creating lighter, more compact transmission units, coupled with research in compatibility with alternative powertrains and predictive maintenance utilizing data analytics, are expected to provide opportunities in the forecast period.
Automatic Transmission Market - Global Forecast 2024-2030
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FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automatic Transmission Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automatic Transmission Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automatic Transmission Market, highlighting leading vendors and their innovative profiles. These include AISIN SEIKI Co., Ltd., BorgWarner Inc., Continental AG, Defeo Manufacturing Inc., Eaton Corporation Inc., Hyundai Dymos Inc., JATCO Ltd., Magna International Inc., Magneti Marelli S.p.A., and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Automatic Transmission Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Transmission Type
    • Automated Manual Transmission
    • Automatic Transmission
    • Continuous Variable Transmission
    • Dual Clutch Transmission
    • Manual Transmission
  • Vehicle Type
    • Commercial Vehicle
      • Buses & Coaches
      • Heavy Commercial Vehicle
      • Light Commercial Vehicle
    • Passenger Vehicle

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Automatic Transmission Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automatic Transmission Market?
  3. What are the technology trends and regulatory frameworks in the Automatic Transmission Market?
  4. What is the market share of the leading vendors in the Automatic Transmission Market?
  5. Which modes and strategic moves are suitable for entering the Automatic Transmission Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Automatic Transmission Market, by Transmission Type
  7. Automatic Transmission Market, by Vehicle Type
  8. Americas Automatic Transmission Market
  9. Asia-Pacific Automatic Transmission Market
  10. Europe, Middle East & Africa Automatic Transmission Market
  11. Competitive Landscape
  12. Competitive Portfolio
Companies Mentioned
  • AISIN SEIKI Co., Ltd.
  • BorgWarner Inc.
  • Continental AG
  • Defeo Manufacturing Inc.
  • Eaton Corporation Inc.
  • Hyundai Dymos Inc.
  • JATCO Ltd.
  • Magna International Inc.
  • Magneti Marelli S.p.A.
  • ZF Friedrichshafen AG
This FREE sample includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.
Frequently Asked Questions about the Automatic Transmission Market
The Global Automatic Transmission Market size was estimated at USD 220.79 billion in 2023 and expected to reach USD 239.41 billion in 2024.
The Global Automatic Transmission Market to grow USD 391.48 billion by 2030, at a CAGR of 8.52%
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