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(Transportation-News.com, February 21, 2018 ) 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.
Publisher's analysts forecast the global automotive hybrid transmission system market to grow at a CAGR of 40.65% during the period 2017-2021.
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One of the primary drivers for this market is the rise in demand for hybrid vehicles. The global demand for eco-friendly vehicles that run only on electricity, hybrid systems, and other power sources (such as solar or the wind and bio fuels) has been a major factor in the growth of the HEV market. Moreover, incentives and tax credits offered for HEVs by various government bodies and regulatory authorities have attracted both automotive manufacturers and end-users to adopt HEVs. Also, owing to the growing charging infrastructure, the demand for PHEVs is expected to grow among consumers.
Key vendors
- Aisin
- BorgWarner
- Continental
- ZF
Other prominent vendors
- Allison Transmission
- AVL
- Eaton
- GETRAG
- JATCO
- Magna International
- Schaeffler
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Market driver
- Stringent regulations on emissions and fuel efficiency.
Market challenge
- Erratic gear shifts resulting in wear and tear.
Market trend
- Integration of transmission with other systems to form electric drive units.
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete report is available @ http://www.reportsweb.com/global-automotive-hybrid-transmission-system-market-2017-2021
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