Global Automotive Hybrid Transmission System Market to grow at a CAGR of 40.65% during the period 2017 - 2021; Finds New Report

Report forecast the global automotive hybrid transmission system market to grow at a CAGR of 40.65% during the period 2017-2021.

Transmission forms a key function of powertrains in vehicles. A vehicle's transmission is a type of gearbox that directs the power generated from an internal combustion engine to the wheel axle. Typically, an automotive transmission system includes the entire drivetrain, which comprises components such as a gearbox, clutch, prop shaft, drive shafts, and differentials.

The report covers the present scenario and the growth prospects of the global automotive hybrid transmission system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• Europe
• North America

According to the report, one driver in market is stringent regulations on emissions and fuel efficiency. Countries and governing bodies worldwide have come up with stringent emission regulations to reduce the effects of pollution and global climate change. For instance, the EU norms of 2009 set carbon dioxide emission levels for new passenger cars at 130g/Km. The target is to reach 95g/Km by 2020. For light commercial vehicles, the emission target is 175g/Km for 2017; this will be cut to 147g/Km by 2020, causing a 16% reduction in emissions. The norm also states the penalties to be levied on the manufacturers that do not meet these requirements. On exceeding the emission rates, a penalty of $5.58 will be charged for the first g/Km, $16.73 for the second g/Km, $27.88 for the third g/Km, and $133.82 for each exceeding g/Km thereon. The EU also introduced the Euro VI norms in 2014, which sets the nitrogen oxide emission level at below 0.4g/KWh and other emissions to be under 0.01g/KWh.

Further, the report states that one challenge in market is threat from substitutes. There is a wide array of transmission systems available in current vehicle models, with different options for customers. These range from conventional mechanical transmission to growing hybrid and electric vehicles. Transmission systems like fully automatic, CVT, DCT, and AMT, pose significant competition for HVTS in the automotive market. With AT and DCT technologies, automakers have achieved up to 20% fuel efficiency in conventional ICE vehicles, which attracts users to continue adopting these vehicles. These fuel efficiency improvements fall under regulation limits set until 2020.

Global Automotive Hybrid Transmission System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive hybrid transmission system market: Aisin, BorgWarner, Continental, and ZF.

Other Prominent Vendors in the market are: Allison Transmission, AVL, Eaton, GETRAG, JATCO, Magna International, and Schaeffler.

Market driver

• Stringent regulations on emissions and fuel efficiency.
• For a full, detailed list, view our report

Market challenge

• Erratic gear shifts resulting in wear and tear.
• For a full, detailed list, view our report

Market trend

• Integration of transmission with other systems to form electric drive units.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 30 Exhibits “Global Automotive Hybrid Transmission System Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by vehicle type, Geographical segmentation, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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