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SOURCE Research and Markets
DUBLIN, February 4, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/g8krw7/automotive) has announced the addition of the "Concise Analysis on the International Automotive Transmission Market - Forecast to 2018" report to their offering.
The global dual clutch transmission (DCT) and continuously variable transmission (CVT) market are expected to reach 7.15 million and 11.5 million units respectively by 2018. Despite the tough competition from other transmission systems such as automatic and manual, DCT and CVT represent promising growth opportunities in the near future. The automotive industry is the most dynamic in terms of technological advancements, new product launches, and fluctuating regional demands for various types of vehicles across the globe.
Dual clutch transmission system market has been on high growth trajectory for the past few years and is expected to continue with the same trend for the coming years. On the other hand, continuously variable transmission system is relatively high volume market experiencing relatively slow growth than the DCT market. DCTs are highly popular in the European market followed by Asia-Pacific and Europe; whereas CVTs are extremely popular in the Asia-Pacific region followed by North America and Europe.
The stringent environmental regulations, need for improved fuel economy, and enhanced driving experience calls for strong research and development efforts from auto makers which indeed has led to enormous changes and developments in the automotive transmission system industry. DCT is relatively new technology as compared to CVT.
The automobile companies such as Volkswagen, Honda, Daimler, Hyundai, and others manufacture transmission systems in-house for their vehicles while independent suppliers such as Getrag, Jatco, and ZF supply their systems to OEMs as well. This makes supply chain somewhat complex to some extent as the transmission system component manufacturers, design companies, and auto manufacturers are all involved in co-development of transmission systems through joint ventures, collaborations, and partnerships to suit particular requirements. Investments by major automakers in China and collaboration of independent transmission system suppliers with the Asian automakers point towards healthy growth in the Asia-Pacific region.
There are considerable developments and technological advancements that occur mainly in the European and Asian regions. Also, the growing automotive production bases in Asia-Pacific are supported by firm economic conditions. These evolvements indicate the likely entry of new players, including transmission system component manufacturers and the backward integration of automobile manufacturers. As of 2012, the market has been identified with leading companies such as Volkswagen and Getrag for DCT and Honda and Jatco for CVT. Looking at industry participants' expansion plans and changing buyer preferences, these companies are expected to face stiff competition in the near future from the companies such as Hyundai, Nissan, ZF, Fiat Powertrain, Ricardo, and other auto manufacturers.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Europe: Dct & Cvt Market
6 Asia-Pacific: Dct & Cvt Market
7 North America: Dvt & Cvt Market
8 Rest Of The World: Dct & Cvt Market
9 Competitive Landscape
10 Company Profiles
For more information visit http://www.researchandmarkets.com/research/g8krw7/automotive
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
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