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The global AMT transmission market for commercial vehicles is anticipated to grow at a steady rate and will post a CAGR of more than 9% during the forecast period. The growing demand for fuel-efficient transmission systems will drive the growth prospects for the global AMT transmission market for commercial vehicles during the forecast period. Transmission systems are the main units in vehicles that help in fuel efficiency, and the AMT system is effective in providing the right gear at the right time. Furthermore, manual transmissions drivers who hold a gear for long while climbing or descending grades will consume more fuel. However, since even inexperienced drivers can ride the vehicle without affecting the fuel consumption much, the AMT is highly useful for original equipment manufacturers (OEMs). As a result, AMT eliminates the driver behavioral impact on the vehicle. However, efforts taken to educate these drivers on AMT technology will improvise the efficiency in the coming years. Also, since AMT technology provides an optimal balance between the cost and fuel economy of the vehicles, it eventually results in the market’s growth.
The rapid adoption of automated transmission technology will fuel the growth prospects for the market until the end of 2020. Currently, it has been noted that there is an increasing shift from mechanical to automated driving systems. However, to attain sustainability, OEMs are focusing on providing customers with new driving experience by synchronizing the gear and engine components. Moreover, AMT accounts for the higher growth rate in comparison to manual and automatic transmissions.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: ey Vendor Analysis
PART 16: Appendix
PART 17: Explore Technavio
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