"Market Intelligence for High-Geared Performance"

Automotive Gear Shifter Market Size, Share & Industry Analysis, By Technology Type ( Shift-by-Wire, Automatic Shifter ), By Component Type ( Electronic Control Unit (ECU), CAN Module, Solenoid Actuator ), By Vehicle Type ( Passenger Cars, Commercial Vehicles ) and regional Forecast, 2024-2032

Region : Global | Report ID: FBI104098 | Status : Ongoing

 

KEY MARKET INSIGHTS

The automotive gear shifter is an electronically controlled transmission system that is responsible for controlling the torque & speed of the vehicle. The automotive gear shift systems uses an electronic system and a lever to engage and disengage the gears and change them according to the requirement of the driver. This system is usually available in manual and advanced types. In a manual transmission system, shifting gears can be an exhausting task which can be eliminated by the advanced transmission system. The advanced transmission system can recognize when the driver is shifting the gear, while the electrical system can operate a solenoid actuator and the clutch to operate the engagement, disengagement and shifting of gears. Another significant driving factor for advanced automotive transmission system is the increased use of x-by-wire technology, in which the electromechanical systems are used to perform functions that are usually operated by mechanical linkages. The global automotive advanced transmission system market is mainly driven by the increasing demand for semi-automatic and automatic transmission vehicles, as well as the rise in the income level and the increasing electrification in vehicles. The governments of various countries are taking various initiatives and implementing strict emission standards to promote the development of electric vehicles. The growing demand for comfort during driving is rapidly boosting the market for automotive advanced automotive gear shifter.


Market Segmentation:


Globally, the automotive gear shifter market is segmented by technology type, by component type, by vehicle type, and by geographic coverage. The technology type is further segmented into shift-by-wire and automatic shifter. The shift-by-wire technology holds the major share in the global market owing to simpler and less expensive as compared to the automatic shifter. The shift-by-wire technology is widely being used in luxury, high performance, and various mid-sized vehicles. The automatic shifter is also expected to grow at a significant rate in the forecast period owing to the development of cost-effective solutions for vehicles especially for small city cars. Prominent automotive players are developing advanced gear shifter technologies that will provide economic solutions for low budget vehicles. The component type is further segmented into electronic control unit, CAN module, and solenoid actuators. The electronic control unit (ECU) holds the largest share in the global market as the ECU holds the main function in the transmission operation. The automotive functional safety organization certifies the quality of ECUs used in the system and conduct appropriate tests before commercialization. Through optimized ECU calibration, the automotive manufacturers can improve the fuel efficiency. The vehicle type is further segmented into passenger cars and commercial vehicles. The passenger cars accounts for the significant share in the global market and is expected to uphold its leading position over the forecast period. This dominance is attributed to the increasing preference towards automatic gear shifters in cars. The growth of global car sales and easier access to financing alternatives is likely to further help in the expansion of the production capabilities. The automotive manufacturers often introduce new models with advanced gearbox alternatives to expand their market reach.

Key Market Driver -

Increasing demand for safety and comfort features in vehicles is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

Vehicles with advanced HVAC systems may hinder the growth of the market during the forecast period.


Key Players:


Major players operating in the global automotive gear shifter market include F Friedrichshafen AG, Ficosa Internacional SA, WABCO, DURA AUTOMOTIVE SYSTEMS, TOKAIRIKA, CO, LTD, Ficosa Internacional SA, KÜSTER Unternehmensgruppe, Lumax Industries, Chongqing Kuayue (Group) Co., Ltd., SILATECH S.r.l., Magneti Marelli S.p.A., Leopold Kostal GmbH & Co. KG, Kongsberg Automotive, and Stoneridge among others.

Key Insights



  • New Advancements in Automotive Gear Shifter

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the automotive gear shifter market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific accounts for the largest share in the global market. The increasing urbanization, improvement in the living standards, and rise in the disposable income are the main factors for the growing demand for vehicles in this region. Also, the rising demand for luxury and high performance cars especially by the young population is fuelling the demand for advanced gear shifter system in this region. North America shows an exponential growth in the global market owing to the extensive adoption of advanced technology in the automotive industry. Moreover, the high disposable income and higher living standards are creating high demand for luxury and premium cars in this region which is consequently propelling the growth of the automotive gear shifter market.

To gain extensive insights into the market, Request for Customization


Segmentation


























ATTRIBUTES    

DETAILS        

By Technology Type



  • Shift-by-Wire

  • Automatic Shifter



By Component Type



  • Electronic Control Unit (ECU)

  • CAN Module

  • Solenoid Actuator



By Vehicle Type



  • Passenger Cars

  • Commercial Vehicles



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



 


  • Ongoing
  • 2023
  • 2019-2022

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Toshiba
Hyundai
Hitachi
KIA
Asahi

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X