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Global Automotive Transmission Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis 2024 - 2031

Automotive Transmission Market - By Type: Automatic Transmission, Manual Transmission, Semi-automatic Transmission. By Vehicle Type: Passenger Vehicles, Commercial Vehicles. By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. By End-user Industry: Automotive, OEMs.

Report Code
CVMI2412300
Published
March 3, 2025
Last Updated
March 3, 2025
Coverage
Automotive
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Market Snapshot

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Market Size (latest)
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CAGR
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Forecast window: —
Forecast Period
2024–2031
Base years: 2019–2023
Coverage Depth
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Segments • Regions • Players

Insights

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The Global Automotive Transmission Market was valued at USD 142.6 billion in 2023 and is projected to reach USD 210.4 billion by 2031, growing at a CAGR of 5.0%. While traditional ICE transmissions still dominate, the market is undergoing a technological bifurcation with the emergence of EV-specific reduction gearboxes alongside advanced multi-speed transmissions for performance hybrids. This transformation is driven by stringent emissions regulations, electrification trends, and consumer demand for smoother driving experiences.

Technology Segmentation & Innovations

  1. Transmission Type Evolution
    • Automatic Transmissions (45% share): 10-speed units becoming premium segment standard
    • Dual-Clutch Transmissions (XX%): 7- and 8-speed variants for performance vehicles
    • Continuously Variable (XX%): Improved chain designs enabling higher torque capacity
    • EV Reducers (XX%): 2- and 3-speed units gaining traction
  2. Electrification-Driven Developments
    • Integrated e-axles combining motor, reducer, and inverter
    • Torque vectoring transmissions for performance EVs
    • Ultra-compact designs for urban EVs
  3. Smart Transmission Systems
    • Cloud-connected shift strategy optimization
    • Predictive maintenance using AI algorithms
    • Over-the-air calibration updates

Application Analysis

Passenger Vehicles (70% share)

  • Luxury segment adopting 10-speed automatics
  • Mainstream models shifting to 7-8 speed DCTs
  • Entry-level favoring optimized CVTs

Commercial Vehicles (XX%)

  • Heavy-duty 12-18 speed automated manuals
  • Electric delivery vans using 2-speed gearboxes
  • Hybrid powertrains for urban buses

Regional Market Dynamics

  • Asia-Pacific (50% share): Chinese dual-clutch transmission production hub
  • Europe (XX%): Premium/luxury transmission innovation center
  • North America (XX%): Pickup truck transmission specialization
  • RoW (XX%): Emerging market growth

Competitive Landscape

Market Leaders:

  • ZF Friedrichshafen (24% share)
  • Aisin Seiki (XX%)
  • Getrag (XX%)

Technology Specialists:

  • BorgWarner (e-Drive systems)
  • GKN (torque vectoring solutions)
  • Dana (commercial vehicle transmissions)

Recent Developments (2024)

  • ZF's 4-speed EV transmission for hypercars
  • Toyota's Direct Shift-10AT with predictive logic
  • Tesla's in-house developed 3-speed unit
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Key Players

  • Automotive Transmission Market – ZF Friedrichshafen AG
  • Aisin Corporation
  • Magna International
  • BorgWarner
  • Allison Transmission
  • Eaton Corporation
  • Schaeffler AG
  • Valeo
  • JATCO Ltd.
  • GKN Automotive.
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Table Of Contents

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Global Automotive Transmission Market Report

  1. 1. Global Automotive Transmission Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Global Automotive Transmission Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
    2. Global Automotive Transmission Market Research Report - Preface
    1. 2.1 Global Automotive Transmission Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Type
      2. 2.1.2 By Vehicle Type
      3. 2.1.3 By End-user Industry
      4. 2.1.4 By Region
    3. Global Automotive Transmission Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Type, By Vehicle Type, By End-user Industry, By Country
    3. 3.3. Opportunities – By Type, By Vehicle Type, By End-user Industry, By Country
    4. 3.4. Trends – By Type, By Vehicle Type, By End-user Industry, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Global Automotive Transmission Market Research Report – DROTs Impact Analysis
    4. Global Automotive Transmission Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. Global Automotive Transmission Market, By Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 5.1 Automatic Transmission
      1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 5.2 Manual Transmission
      1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 5.3 Semi-automatic Transmission
      1. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Global Automotive Transmission Market, By Vehicle Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 6.1 Passenger Vehicles
      1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 6.2 Commercial Vehicles
      1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. Global Automotive Transmission Market, By End-user Industry, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 7.1 Automotive
      1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 7.2 OEMs.
      1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    8. Global Automotive Transmission Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
    1. 8.1 North America
      1. 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 8.2 Europe
      1. 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 8.3 Asia-Pacific
      1. 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 8.4 Latin America
      1. 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. 8.5 Middle East & Africa
      1. 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 8.6 Global Automotive Transmission Market - Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, and Region, 2024 - 2031
    9. North America Automotive Transmission Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 Automatic Transmission
      2. 9.1.2 Manual Transmission
      3. 9.1.3 Semi-automatic Transmission
      9.2 By Vehicle Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Passenger Vehicles
      2. 9.2.2 Commercial Vehicles
      9.3 By End-user Industry Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Automotive
      2. 9.3.2 OEMs.
      9.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.4.1 United States
      2. 9.4.2 Canada
      9.5 North America Global Automotive Transmission Market – Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, and Country, 2024 - 2031
      9.6 Regional Trends Analysis
      9.7 North America Global Automotive Transmission Market Research Report - Company Profiles
      1. 9.7.1 Company 1 (United States)
      2. 9.7.2 Company 2 (Canada)
      3. 9.7.3 Company 3 (Canada)
    10. Europe Automotive Transmission Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 Automatic Transmission
      2. 10.1.2 Manual Transmission
      3. 10.1.3 Semi-automatic Transmission
      10.2 By Vehicle Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Passenger Vehicles
      2. 10.2.2 Commercial Vehicles
      10.3 By End-user Industry Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 Automotive
      2. 10.3.2 OEMs.
      10.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.4.1 Germany
      2. 10.4.2 United Kingdom
      3. 10.4.3 France
      4. 10.4.4 Spain
      5. 10.4.5 Italy
      6. 10.4.6 Russia
      7. 10.4.7 Netherlands
      8. 10.4.8 Poland
      9. 10.4.9 Rest of Europe
      10.5 Europe Global Automotive Transmission Market – Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, and Country, 2024 - 2031
      10.6 Regional Trends Analysis
      10.7 Europe Global Automotive Transmission Market Research Report - Company Profiles
      1. 10.7.1 Company 1 (Germany)
      2. 10.7.2 Company 2 (United Kingdom)
      3. 10.7.3 Company 3 (United Kingdom)
    11. Asia-Pacific Automotive Transmission Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 Automatic Transmission
      2. 11.1.2 Manual Transmission
      3. 11.1.3 Semi-automatic Transmission
      11.2 By Vehicle Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Passenger Vehicles
      2. 11.2.2 Commercial Vehicles
      11.3 By End-user Industry Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Automotive
      2. 11.3.2 OEMs.
      11.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.4.1 China
      2. 11.4.2 Japan
      3. 11.4.3 India
      4. 11.4.4 South Korea
      5. 11.4.5 Australia & NZ
      6. 11.4.6 ASEAN
      7. 11.4.7 Rest of Asia-Pacific
      11.5 Asia-Pacific Global Automotive Transmission Market – Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, and Country, 2024 - 2031
      11.6 Regional Trends Analysis
      11.7 Asia-Pacific Global Automotive Transmission Market Research Report - Company Profiles
      1. 11.7.1 Company 1 (China)
      2. 11.7.2 Company 2 (Japan)
      3. 11.7.3 Company 3 (Japan)
    12. Latin America Automotive Transmission Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 Automatic Transmission
      2. 12.1.2 Manual Transmission
      3. 12.1.3 Semi-automatic Transmission
      12.2 By Vehicle Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Passenger Vehicles
      2. 12.2.2 Commercial Vehicles
      12.3 By End-user Industry Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Automotive
      2. 12.3.2 OEMs.
      12.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.4.1 Brazil
      2. 12.4.2 Mexico
      3. 12.4.3 Argentina
      4. 12.4.4 Peru
      5. 12.4.5 Colombia
      6. 12.4.6 Rest of Latin America
      12.5 Latin America Global Automotive Transmission Market – Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, and Country, 2024 - 2031
      12.6 Regional Trends Analysis
      12.7 Latin America Global Automotive Transmission Market Research Report - Company Profiles
      1. 12.7.1 Company 1 (Brazil)
      2. 12.7.2 Company 2 (Mexico)
      3. 12.7.3 Company 3 (Mexico)
    13. Middle East & Africa Automotive Transmission Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.1.1 Automatic Transmission
      2. 13.1.2 Manual Transmission
      3. 13.1.3 Semi-automatic Transmission
      13.2 By Vehicle Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.2.1 Passenger Vehicles
      2. 13.2.2 Commercial Vehicles
      13.3 By End-user Industry Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.3.1 Automotive
      2. 13.3.2 OEMs.
      13.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.4.1 Saudi Arabia
      2. 13.4.2 UAE
      3. 13.4.3 South Africa
      4. 13.4.4 Egypt
      5. 13.4.5 Israel
      6. 13.4.6 Rest of Middle East and Africa
      13.5 Middle East & Africa Global Automotive Transmission Market – Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, and Country, 2024 - 2031
      13.6 Regional Trends Analysis
      13.7 Middle East & Africa Global Automotive Transmission Market Research Report - Company Profiles
      1. 13.7.1 Company 1 (Saudi Arabia)
      2. 13.7.2 Company 2 (UAE)
      3. 13.7.3 Company 3 (UAE)
    14. Competition Landscape
    1. 14.1 Strategic Dashboard of Top Market Players
      14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 14.2.1 Automotive Transmission Market – ZF Friedrichshafen AG
      2. 14.2.2 Aisin Corporation
      3. 14.2.3 Magna International
      4. 14.2.4 BorgWarner
      5. 14.2.5 Allison Transmission
      6. 14.2.6 Eaton Corporation
      7. 14.2.7 Schaeffler AG
      8. 14.2.8 Valeo
      9. 14.2.9 JATCO Ltd.
      10. 14.2.10 GKN Automotive.
    15. Data Collection Method and Research Approach
    16. Principal Presumptions and Acronyms



    2.  

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