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(Transportation-News.com, June 15, 2019 ) The transmission repair market is estimated to be USD 186.33 Billion in 2016 and is projected to grow at a CAGR of 3.25% during the forecast period, to reach USD 233.70 Billion by 2022. The base year for the report is 2016 and the forecast period is 2017–2022.
The objective of the study is to analyze and forecast the market size, in terms of volume (units) and value (USD billion), of the market. The report segments the market by component, vehicle type, repair type, and region. A detailed study of various market leaders has been done, and opportunity analysis has been provided in the report.
The secondary sources referred for this research study include auto industry organizations such as Organisation Internationale des Constructeurs d'Automobiles (OICA), Automatic Transmission Rebuilders Association (ATRA), Transmission Rebuilders Network Worldwide, Automotive Aftermarket Association Southeast (AAAS), Automotive Service Association (ASA), transmission component suppliers and transmission manufacture companies; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations useful for an extensive study of the market. Several primary interviews have been conducted with market experts from both the demand- (service centers & independent garages and transmission repair centers) and supply-side (transmission manufacturers, transmission component manufacturers, and aftermarket suppliers) players across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (Brazil and Russia). Primary interviews have been conducted to obtain and verify critical information as well as to assess future prospects and market estimations. The bottom-up approach has been used for market estimation and calculation of the market size. The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.
To know about the assumptions considered for the study, download the pdf brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139093827
The transmission repair market consists of various transmission manufacturers such as Allison Transmission (US), ZF (Germany), BorgWarner (US), Schaeffler (Germany), AAMCO (US), and Continental (Germany) among others.
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