Automotive Gearbox Market by Number of Gears (3 – 5 Gears, 6 – 8 Gears, Above 8 Gears), Vehicle Type (Internal Combustion Engine (ICE), Electric Vehicles (EV)), Application, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Automotive Gearbox Market Size

The global automotive gearbox market size was valued at $127.08 billion in 2023 and is projected to reach $172.25 billion by 2029, growing at a CAGR of 5.2% from 2023 to 2029.

Automotive Gearbox Market Overview

An automotive gearbox, also known as a transmission, is a crucial component in a vehicle responsible for transmitting power from the engine to the wheels. It plays a pivotal role in controlling the speed and torque of the vehicle. The gearbox allows the driver to select different gears to adapt to varying driving conditions such as acceleration, cruising, or climbing hills. There are two main types of automotive gearboxes: manual and automatic. In a manual gearbox, the driver manually engages and disengages the gears using a gear shifter and a clutch pedal. In contrast, an automatic gearbox automatically shifts gears without driver intervention, utilizing a torque converter or a dual-clutch system. The gearbox contains a set of gears with different ratios, allowing the engine to operate efficiently across a range of speeds. The proper functioning of the automotive gearbox is crucial for optimal performance, fuel efficiency, and overall driving experience.

Market Dynamics:

Growth Drivers

• Growing demand for fuel-efficient vehicles.
• Rising expectations of high performance from personal vehicles.

Constraints

• Complexity of the manufacturing process.
• High cost of advanced gearboxes.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Based on the number of gears, the market is bifurcated into 3 – 5 gears, 6 – 8 gears, and above 8 gears.

By vehicle type, the market is fragmented into internal combustion engine (ICE) and electric vehicles (EV).

In accordance with the application, the market is sorted into manual transmission (MT), dual clutch transmission (DCT), continuously variable transmission (CVT), automatic transmission (AT), and automatic manual transmission (AMT).

List of the Key Players Profiled in the Report Includes:

• Aisin Corporation
• Bonfiglioli Transmissions Private Limited
• BorgWarner Inc
• Continental AG
• Eaton
• JATCO Ltd
• Magna International Inc
• Marelli Holdings Co., Ltd
• Melrose Industries PLC
• Schaeffler AG
• ZF Friedrichshafen AG

Market by, Geography:

The automotive gearbox market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

The report “Global Automotive Gearbox Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Automotive Gearbox Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Automotive Gearbox Market by, Number of Gears 
 6.1 Overview 
 6.2 3 – 5 Gears 
 6.3 6 – 8 Gears 
 6.4 Above 8 Gears 
 
7 Global Automotive Gearbox Market by, Vehicle Type 
 7.1 Overview 
 7.2 Internal Combustion Engine (ICE) 
 7.3 Electric Vehicles (EV) 
 
8 Global Automotive Gearbox Market by, Application 
 8.1 Overview 
 8.2 Manual Transmission (MT) 
 8.3 Dual Clutch Transmission (DCT) 
 8.4 Continuously Variable Transmission (CVT) 
 8.5 Automatic Transmission (AT) 
 8.6 Automatic Manual Transmission (AMT) 
 
9 Global Automotive Gearbox Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US
 9.2.2 Canada
 9.2.3 Mexico
 9.3 Europe 
 9.3.1 Germany
 9.3.2 France
 9.3.3 UK
 9.3.4 Italy
 9.3.5 Spain
 9.3.6 Rest of Europe
 9.4 Asia Pacific 
 9.4.1 China
 9.4.2 Japan
 9.4.3 India
 9.4.4 South Korea
 9.4.5 Australia
 9.4.6 New Zealand
 9.4.7 Rest of Asia Pacific
 9.5 South America 
 9.5.1 Brazil
 9.5.2 Argentina
 9.5.3 Chile
 9.5.4 Rest of South America
 9.6 Middle East & Africa 
 9.6.1 UAE
 9.6.2 Saudi Arabia
 9.6.3 Qatar
 9.6.4 Iran
 9.6.5 South Africa
 9.6.6 Rest of Middle East & Africa
 
10 Key Developments 
 
11 Company Profiling 
 11.1 Aisin Corporation 
 11.1.1 Business Overview
 11.1.2 Product/Service Offering
 11.1.3 Financial Overview
 11.1.4 SWOT Analysis
 11.1.5 Key Activities
 11.2 Bonfiglioli Transmissions Private Limited 
 11.3 BorgWarner Inc 
 11.4 Continental AG 
 11.5 Eaton 
 11.6 JATCO Ltd 
 11.7 Magna International Inc 
 11.8 Marelli Holdings Co., Ltd 
 11.9 Melrose Industries PLC 
 11.10 Schaeffler AG 
 11.11 ZF Friedrichshafen AG