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The automotive industry has experienced various technological developments in the powertrain system. The latest development in the powertrain is an auto shift manual transmission system coupled with adaptive transmission control. The increasing number of consumers switching from manual to automatic transmission systems owing to its advantages such as driving comfort and safety is expected to drive the market. The automatic transmission system also provides better fuel efficiency and curbs emissions. Additionally, continuously developments in the transmission systems such as dual-clutch transmission (DCT), and continuous variable transmission (CVT) are expected to drive the market for the automotive transmission control unit over the forecast period.
Key Market Driver -
The growing demand for driving comfort and better handling is the key factor driving the growth of global automotive transmission control unit market.
Key Market Restraint -
The high cost of transmission control unit systems are expectd to restrain the market growth.
The increasing demand for battery-powered electric vehicles from the developed and developing regions is also expected to boost the transmission control unit market over the forecast period. North America is expected to dominate the market over the forecast period owing to the large adoption of the automatic transmission vehicles in this region. However, the ongoing tariff imposition by the US on European goods such as European cars and planes is likely to hamper the market growth in this region.
The major players that are present in the global automotive transmission control unit market include Robert Bosch GmbH (Germany), ZF Friedrichshafen (Germany), Continental AG (Germany), Hitachi Ltd (Japan), Aptiv PLC. (Ireland), Tremec Inc. (Canada), Mitsubishi Electric (Japan), among others.
Globally, the automotive transmission control unit market has been segmented based on the transmission type, vehicle type, and region. Based on the transmission type, the further market has been segmented into the automatic transmission (AT), continuous variable transmission (CVT), dual-clutch transmission (DCT), and automated manual transmission (AMT). The automated manual transmission type segment is anticipated to dominate the market over the forecast period. The large adoption of the AMT system in passenger cars owing to its capabilities such as fuel efficiency and affordability is expected to drive AMT segment growth in the market. Based on vehicle type, further, the automotive transmission control unit market has been segmented into passenger cars and commercial vehicles. The passenger car segment accounts for the largest share in the automotive transmission control unit market and is also expected to dominate the market over the forecast period. Increased sales of passenger cars in developing countries has helped passenger car segment market growth. The commercial vehicle segment is also expected to show good growth in this market over the forecast period owing to the increasing adoption of the automatic transmission system.
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Geographically, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world (RoW). North America is expected to dominate the automotive transmission control unit market over the forecast period. The increasing adoption rate of the automatic transmission system in commercial vehicles and the adoption of new technology in this region is likely to boost the market’s growth. Europe is also expected to show good growth in the automotive transmission control unit over the forecast period. The transmission control unit’s ability to save fuel, coupled with the increasing demand for fuel-efficient vehicles in Europe is expected to drive the transmission control unit market. Asia Pacific is also expected to show steady growth in this market over the forecast period owing to factors such as rising disposable income and increasing demand for passenger cars with an automatic transmission system from the developing countries.
By Transmission Type
By Vehicle Type
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