PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625392
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625392
The global automotive transmission market size is expected to reach USD 120.41 billion by 2034, according to a new study by Polaris Market Research. The report "Automotive Transmission Market Size, Share, Trends, Industry Analysis Report: By Transmission Type (Manual and Automatic), Fuel Type, Vehicle Type, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Automotive transmission, a key component of automobiles, transmits the power generated by the engine to the wheels. It enables the driver to apply power to the automobile in a controlled manner for efficient movement. Manual transmission and automatic transmission are the two main automotive transmission system types.
The automotive transmission market growth is primarily fueled by the rising number of commercial and passenger vehicles and the growing automotive industry worldwide. Besides, advances in technology and the evolution of transmission systems based on the performance requirements of different automobile types support the market expansion.
Vehicle owners are increasingly inclined toward a more comfortable and improved driving experience, which is driving the demand for advanced transmission systems. The introduction of stringent government regulations for carbon emission reduction has prompted market participants to develop effective and more efficient system frameworks. Emerging market opportunities, shifting consumer preferences towards autonomous vehicles, and stringent government guidelines on reducing CO2 emissions are expected to drive the need for efficient and improved transmission systems.
Key players in the automotive transmission market are focusing on offering technologically advanced and innovative products to enhance their product offerings. Also, these companies are pursuing strategic activities such as mergers and acquisitions, collaborations, and partnerships to expand their reach in the market.
Key Highlights of Automotive Transmission Market Report
Based on transmission type, the manual segment dominated the automotive transmission market with a revenue share of more than 51.5% in 2024. Many consumers prefer manual transmission vehicles owing to their affordability as compared to automatic variants.
Based on fuel type, the gasoline segment accounted for the largest revenue share of more than 54.1% in 2024. Vehicles using gasoline offer several benefits, including improved efficiency and compliance with pollution standards.
Asia Pacific held the largest automotive transmission market share of more than 30% in 2024. This is due to the rising demand for passenger cars and the increasing adoption of advanced technologies in the region.
North America is anticipated to witness significant growth from 2025 to 2034, owing to the increased adoption of electrified systems and growing demand for aftermarket transmission systems.
Aisin Seiki Co., Ltd.; BorgWarner Inc.; Continental AG; Allison Transmission, Inc.; Eaton Corporation PLC; Jatco Ltd.; Magna International, Inc.; Getrag; GKN PLC; and ZF Friedrichshafen AG are among the key players operating in the market.
Polaris Market Research has segmented the automotive transmission market report on the basis of transmission type, vehicle type, fuel type, and region:
Table 1 Global Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 2 Global Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 3 Global Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 4 North America: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 5 North America: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 6 North America: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 7 U.S.: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 8 U.S.: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 9 U.S.: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 10 Canada: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 11 Canada: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 12 Canada: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 13 Europe: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 14 Europe: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 15 Europe: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 16 UK: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 17 UK: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 18 UK: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 19 France: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 20 France: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 21 France: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 22 Germany: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 23 Germany: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 24 Germany: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 25 Italy: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 26 Italy: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 27 Italy: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 28 Spain: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 29 Spain: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 30 Spain: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 31 Netherlands: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 32 Netherlands: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 33 Netherlands: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 34 Russia: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 35 Russia: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 36 Russia: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 37 Rest of Europe: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 38 Rest of Europe: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 39 Rest of Europe: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 40 Asia Pacific: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 41 Asia Pacific: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 42 Asia Pacific: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 43 China: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 44 China: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 45 China: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 46 India: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 47 India: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 48 India: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 49 Malaysia: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 50 Malaysia: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 51 Malaysia: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 52 Japan: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 53 Japan: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 54 Japan: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 55 Indonesia: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 56 Indonesia: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 57 Indonesia: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 58 South Korea: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 59 South Korea: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 60 South Korea: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 61 Australia: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 62 Australia: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 63 Australia: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 64 Rest of Asia Pacific: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 65 Rest of Asia Pacific: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 66 Rest of Asia Pacific: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 67 Middle East & Africa: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 68 Middle East & Africa: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 69 Middle East & Africa: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 70 Saudi Arabia: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 71 Saudi Arabia: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 72 Saudi Arabia: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 73 UAE: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 74 UAE: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 75 UAE: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 76 Israel: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 77 Israel: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 78 Israel: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 79 South Africa: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 80 South Africa: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 81 South Africa: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 82 Rest of Middle East & Africa: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 83 Rest of Middle East & Africa: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 84 Rest of Middle East & Africa: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 85 Latin America: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 86 Latin America: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 87 Latin America: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 88 Mexico: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 89 Mexico: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 90 Mexico: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 91 Brazil: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 92 Brazil: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 93 Brazil: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 94 Argentina: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 95 Argentina: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 96 Argentina: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
Table 97 Rest of Latin America: Automotive Transmission Market, by Transmission Type, 2020-2034 (USD Billion)
Table 98 Rest of Latin America: Automotive Transmission Market, by Fuel Type, 2020-2034 (USD Billion)
Table 99 Rest of Latin America: Automotive Transmission Market, by Application, 2020-2034 (USD Billion)
List of Figures:
Figure 1. Global Automotive Transmission Market, 2020-2034 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Transmission Type
Figure 7. Global Automotive Transmission Market, by Transmission Type, 2024 & 2034 (USD Billion)
Figure 8. Market by Fuel Type
Figure 9. Global Automotive Transmission Market, by Fuel Type, 2024 & 2034 (USD Billion)
Figure 10. Market by Application
Figure 11. Global Automotive Transmission Market, by Application, 2024 & 2034 (USD Billion)