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The automotive transmission electronics market size is forecast to increase by USD 6.36 billion at a CAGR of 5.65% between 2023 and 2028. The market is experiencing significant growth due to the increasing focus on enhancing vehicle performance, acceleration, handling, and braking. Shift-by-wire technology is gaining traction as it offers improved transmission efficiency and reduces vehicle weight, leading to better fuel economy and reduced emissions. Power-split Continuously Variable Transmission (CVT) systems are another trend in the market, as they provide smooth power delivery and improved driving dynamics. However, the high cost and complexity of electric vehicle transmissions pose challenges to market growth. Lightweight transmissions and hybrid drives are also key areas of focus, as they help reduce maintenance costs and the need for skilled technicians. Overall, the market is driven by the demand for advanced transmission systems that offer improved vehicle performance and efficiency.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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