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Global Automotive Gear Shift Systems Market 2021: By Transmission Type (Manual Gear Shift System, Automatic Gear Shift System), By Type (Stick shifter, Joystick/ Mono stable shifter, Rotary shifter, Stalk shifter, Push-button shifter), By Sales Channel (OEM, Aftermarket), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)Global Automotive Gear Shift Systems Market is the title of an upcoming market research report by Trusted Business Insights. Critical factors have been analyzed and studied comprehensively to present vital data and information in a well-planned format. Revenue shares of each segment are included along with region, and country, revenue growth driving factors, restraints, as well as opportunities in untapped regions and economies. The company profiles of key players comprise detailed information, recent developments, strategies, acquisitions & mergers, etc. The global automotive gear shift systems market is segmented by type, transmission type, sales channels, vehicle type, and regions/countries. The Global Automotive Gear Shift Systems market size was valued at USD $10.06 Million in 2020, USD $10.47 Million in 2021, forecasted to reach USD $10.89 Million in 2022, and is projected to reach USD $14.89 Million by 2030, and is anticipated to expand at a CAGR of 4% over the forecast period from 2020 to 2030.
OverviewAutomotive gear shift systems are a type of transmission system in which gear drives are used to control the speed and torque of the vehicle. These systems can either controlled manually or have an automated system. They a driver to have a better driving experience by offering enhanced control of the vehicles gear system.
DynamicThe rising demand for passenger cars is significantly contributing to the growth of automotive sectors across the globe. This, in turn, is slated to boost demand for automotive gear shift systems in the years to come. In addition, governmental policies for the adoption and manufacture of cars that consume less fuel and generate low emissions are leading automotive makers to invest in the production of highly efficient cars that come equipped with advanced gear shift systems. This is one of many major factors that are expected to provide growth opportunities for the market on a global-scale. Furthermore, the demand for electric vehicles around the world is rising and this factor will also contribute to subsequent market growth. Apart from the growth of the automotive industry and the introduction of government regulations on manufacturers to encourage the adoption of fuel-efficient gear shift systems, there are other key factors that contribute to this markets growth as well. Another major factor that is contributing to the growth of the global automotive industry, and in turn, favorablly impacting the global automotive gear shift systems market is the increasing per-capita incomes of individuals. This has enabled consumers from across the globe to increase their spending capabilities. Other factors such as technological advancements and constant product innovations have led to the development of electronic gear shift systems. In these systems, the mechanical parts have been replaced with electronic components. Moreover, with the introduction of electric vehicles, there is a gradual shift towards upcoming trends in the market like wire gear systems. Wire gear systems allow for a swifter shifting of gears and replace mechanical coupling. Such technology is projected to oust existing automotive gear shift systems in the foreseeable future.
Regional Analysis:The Asia Pacific market is expected to continue to account for the majority revenue share of the global automotive gear shift systems market over the next ten years. The market in China will be a major revenue contributor in the region. The market in Europe is slated to account for the second-highest revenue share in the global market over the next 10 years. Gear shift systems are increasingly used in the automobiles manufactured in the countries of this region. The market in North America is projected to index significant growth over the coming years. The demand for automotive gear shift systems in this region is projected to increase over the coming years. The US market is a major revenue contributor to the automotive gear shift systems market in the region. ATrAct™ are the brands covered in this Automotive Gear Shift Systems report.
Below are the active patents related to Automotive Gear Shift Systems Market.Patent Number: US8328683B2 Transmission assembly for electric vehicle Abstract A transmission assembly for an electric vehicle includes a transmission having an input shaft, an output shaft, and a gear train coupled between the input shaft and the output shaft. A motor includes an output coupled to the input shaft of the transmission. A motor controller is electrically connected to the motor and controls a rotating speed of the motor. A gear controller is electrically connected to the motor controller. The gear controller outputs a speed request signal to the motor controller, and the motor controller controls the rotating speed of the motor based on the speed request signal, allowing smooth engagement between the gear train and the output shaft. Type: Grant Filed: 2009-12-14 Date of Patent: 2012-12-11 Assignee : National Pingtung University of Science and Technology Patent Number: US20070250237A1 Transmission with intelligent gear synchronization and shifting Abstract This is a constant-mesh transmission that uses special latches, electromagnetic actuators to operate said latches, and an associated computerized control unit to command said actuators and, at the same time, synchronize the speed of the motor/engine and the gear trains with the speed of the transmission output shaft. During gear ratio changes, the transmission control cooperates with the motor/engine control in such a way that speed differences between—and torque transmitted through—the gear trains involved and the output shaft are minimal; this permits effortless and on-the-fly coupling and decoupling of gears to/from the output shaft, without requiring any clutch operation. This transmission can be used in a variety of automotive and industrial applications, and is mainly intended for automotive vehicles with internal combustion engines. Type: Grant Filed: 2006-06-13 Date of Patent: 2007-10-25 Inventor: Juan Zak
Below are the leading companies profiled in this Automotive Gear Shift Systems Market Report:
Chapter 1 Methodology and Scope