Automotive Gear Shift System Market Forecast and Opportunity Assessment by Future Market Insights – 364 Analyze



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Automotive Gear Shift System Market: Introduction

Automotive gear shift systems are a type of transmission system in which gear and gear are used to control the torque and speed of the vehicle. Automotive gear shift systems are generally available in manual and automatic types. Automotive gear shift systems provide better control and thus, the power to drive an automobile properly. Growing automotive industry and government to promote efficient fuel efficient gear shift systems are the two factors projected to drive the global automotive gear shift systems market in near future. The growing disposable income is enhancing the world's driving force and is a key factor driving the growth of global automotive automotive industry, automotive gear shift systems.

Moreover, new developments in the automotive industry have given birth to electronic gear shift systems. Most of the mechanical parts used in these systems are being replaced by electronic components. Furthermore, the market is inclined towards a shift by wire gear systems, mainly for electric vehicles. This technology offers smoother transition between gears and is thus, replacing mechanical coupling. Hence, it is expected to replace manual automotive gear shift systems in near future.

Automotive Gear Shift System Market: Dynamics

The growing automotive industry, which is mainly responsible for rising demand, is projected to create a healthy demand for automotive gear shift systems during the forecast period. Moreover, vehicle manufacturers are also planning to create more efficient growth opportunities for manufacturers of automotive gear shift systems in the near future. Additionally, growing adoption of electric vehicles is also one of the key drivers creating opportunities for the overall automotive gear shift systems market.

Automotive Gear Shift System Market: Segmentation

The global automotive gear shift system can be segmented on the basis of type, type transmission, vehicle type, sales channel & region.

On the basis of the global automotive gear shift system market can be segmented into:

  • Stick shifter
  • Joystick / Mono stable shifter
  • Rotary shifter
  • Stalk shifter
  • Push button shifter

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On the basis of transmission type, the global automotive gear shift system market can be segmented into:

  • Manual Gear Shift System
  • Automatic Gear Shift System

The global automotive gear shift system market can be segmented into:

  • Pbadenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

The global automotive gear shift system market can be segmented into:

Automotive Gear Shift System Market: Regional Outlook

The market for automotive gear shifting is expected to register healthy growth globally. Asia Pacific region is anticipated to dominate the global automotive gear shift systems market, in which the terms are used. China is a major contributor and holds significant positions in the automotive gear shift systems market in the region. Europe is expected to hold second position in the overall consumption of automotive gear shift systems globally. The demand for automotive gear shift systems in North America is expected to grow at a significant pace in the future and will be driven by the U.S. automotive gear shift system market.

Automotive Gear Shift System Market: Market Participants

In the global market of automotive gear shift systems, there are a number of players with broad product offerings. Some of the people in the manufacturing and sales of automotive gear shift systems are:

  • Kongsberg Automotive
  • ZF Friedrichshafen AG
  • GHSP
  • SL Corporation
  • SILATECH S.r.l.
  • Ficosa Internacional SA
  • Fujikiko Co., Ltd.
  • Leopold Kostal GmbH & Co. KG
  • Dura Automotive Systems
  • TOKAIRIKA, CO, LTD
  • Ningbo Gaofa Automotive Control System Co., Ltd.
  • Chongqing Kuayue (Group) Co., Ltd.
  • Eissmann Group Automotive
  • JOPP GROUP

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Automotive Gear Shift System Market

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