An exclusive market study published by Fact.MR on the Automotive Gear Shift System Market offers insights related to how the market is projected to grow over the forecast period 2018 to 2028. The objective of the report is to enable our readers to understand the various aspects of the Automotive Gear Shift System Market and assist them to formulate impactful business strategies. Furthermore, the different factors that are expected to influence the current and future dynamics of the Automotive Gear Shift System Market are discussed in the presented study.
According to the report, the Automotive Gear Shift System market is set to reach a market value of ~US$ XX by the end and register a CAGR growth of ~XX% during the assessment period. The report offers an in-depth understanding of the Automotive Gear Shift System supply chain, value, and volume chain across the various regional markets.
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Important Insights Enclosed in the Report:
- Technological developments within the Automotive Gear Shift System Market sphere
- Growth prospects for new market players across different regions
- Company profiles of leading players in the Automotive Gear Shift System Market
- Up-to-date insights related to the key success factors impacting the growth of the Automotive Gear Shift System Market
- Recent mergers, acquisitions, partnerships, and strategic alliances
The latest business intelligence report on the Automotive Gear Shift System Market published by Fact.MR introspects the various parameters that are likely to influence the growth trajectory of the Automotive Gear Shift System Market during the forecast period 2018 to 2028. The report includes a detailed qualitative and quantitative assessment of the Automotive Gear Shift System Market and touches upon the business strategies of the prominent players operating in the Automotive Gear Shift System Market.
The published report provides a deep understanding of the Automotive Gear Shift System Market by segregating the market into different segments such as region, application, and end-use industry.
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- To capitalize on the growing demand for affordable vehicles in India and Asia, ZF Friedrichshafen AG, a leading player in the automotive gear shift system market, announced the launch of a new electrified clutch which functions to improve the efficiency of manual transmission in automobiles. The company plans to market the product as a way to enhance fuel efficiency in vehicles using manual transmission gear shifting systems.
- In order to stay at pace with the changing automobile industry, Eissmann Automotive Deutschland GmbH expanded its Pell City facility adding a 130,000 square-foot building to the existing infrastructure in the region. The facility is equipped with advanced manufacturing equipment which will be used for a new production line set to be unveiled by the Germany-based automotive gear shift system manufacturers.
- A recent development complementing innovations in the automotive gear shift system market was the development of a novel gear shift mechanism which uses two electromagnetic actuators to improve the mechanical efficiency and dynamic response of manual transmission systems. The study suggests the technique could potentially pave the way for the adoption of automated manual transmission systems in electric vehicles.
- Another key development which is likely to boost innovations in the automotive gear shift system market was the acquisition of a patent on the clutch-by-wire technology which replaces the hydraulics mechanism used for disengaging and engaging gears with a fully electric system. The clutch could potentially be automated to control the changing of gears.
- The bolstering popularity of automated manual transmission (AMT) in automobiles became clearly evident after WABCO Holdings signed a deal with Daimler agreeing to develop an efficient and robust AMT control technology for Daimler’s trucks. With its new AMT technology, WABCO aims at reducing noise levels and optimizing gear shift schedules for efficient performance.
Some of the leading players operating in the automotive gear shift system market include Kongsberg Automotive ASA, SL Corporation, GHSP, Inc., Ficosa International, S.A., Fuji Kiko Co., Ltd., Leopold Kostal GmbH & Co. KG, Tokai Rika Co., Ltd., Jopp Holding GmbH, and Dura Automotive Systems, LLC.
Demand for Stick Shift Gear Systems in Passenger Vehicles to Prevail
Automobile companies are focusing on the development of new technologies to enhance the performance of manual transmissions. In addition, the burgeoning demand for lightweight commercial vehicles in evolving mobility and ride-sharing services is likely to be a vital factor bolstering automotive gear shift system market growth. Other gear types in joystick, rotary, and stalk type are estimated to find increasing demand in different vehicles based on their utility. Automotive gear shift system market is expected to generate substantial revenues from both OEMs and aftermarket sales.
Scope of the Report
The report on automotive gear shift system market is the consequence of a robust and elaborate research methodology employed during the compilation of the report. A two-step process involving primary and secondary researches was conducted to obtain invaluable and actionable insights into the automotive gear shift system market. Primary research was conducted by interviewing seasoned experts from the automotive gear shift system market while a thorough study of company press releases, trade journals, paid sources, and other publications related to the automotive gear shift market formed the basis of the secondary research. Results from both the steps of research were triangulated to create an authentic and accurate forecast of the automotive gear shift system market.
Important queries addressed in the Automotive Gear Shift System Market report:
- How will the evolving trends impact the growth of the Automotive Gear Shift System Market over the forecast period?
- Which companies are currently dominating the Automotive Gear Shift System Market in terms of market share?
- How can market players capitalize on the lucrative opportunities in Region 1?
- What is the projected growth rate of the Automotive Gear Shift System Market in various regions during the forecast period?
- Is the current market scenario favorable for the growth of new market players?
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This post was originally published on Trading Herald