Global Automatic Shifter Market, By Type (Automatic System, Manual System), Fuel Type (Petrol, Diesel, Gasoline), Component (Can Module, Electronic Control Unit (ECU), Solenoid Actuator, Others), Application (Passenger Vehicle (PV), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Automatic Shifter Market
Data Bridge Market Research analyses that the automatic shifter market would exhibit a CAGR of 8.8% for the forecast period.
To change gears, an automatic shifter mechanism is a steel lever connected to the moving frame. The gear shifter is used to accelerate and decelerate the engine. In the automotive sector, gear shift mechanisms are extensively utilized and come in two types: manual and automated systems. The clutch pedal is required for manual gearshifting however the clutch pedal is not required for automatic or semi-automatic gearshifting.
The upsurge in demand of fuel efficient components and technological advancement in the automotive sector will further influence the market’s growth rate. The increased usage of electronic gear shifting systems in place of manual gear shifting systems is one of the most significant changes driving demand for improved systems. Stringent government vehicle requirement for the new vehicle is expected to raise demand in several places. Furthermore, increasing demand for passenger vehicles and rising level of disposable incomes will cushion the growth rate of automatic shifter market.
Moreover, the rise in the research and development activities and growing investments for advanced as well as technical products and solutions will carve the beneficial opportunities for the growth of automatic shifter market.
However, high costs automatic shifters and less reliability in advanced shifters are projected to stymie revenue growth and will further challenge the automatic shifter market.
This automatic shifter market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automatic shifter market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automatic Shifter Market Scope and Market Size
The automatic shifter market is segmented on the basis of type, fuel type, component, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, automatic shifter market is segmented into automatic system and manual system.
- Based on fuel type, automatic shifter market is segmented into petrol, diesel and gasoline.
- Based on component, the automatic shifter is segmented into can module, electronic control unit (ECU), solenoid actuator and others.
- On the basis of application, automatic shifter market is segmented into passenger vehicle (PV), light commercial vehicle (LCV) and heavy commercial vehicle (HCV).
Automatic Shifter Market Country Level Analysis
The global automatic shifter market is analysed and market size insights and trends are provided by country, type, fuel type, component, and application as referenced above.
The countries covered in the automatic shifter market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automatic shifter market due to the increasing demand for passenger vehicles in this region. Europe is expected to grow during the forecast period of 2022-2029 due to the technological advancements in automotive sector and stringent government controls on car sales.
The country section of the automatic shifter market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Automatic Shifter Market Share Analysis
The automatic shifter market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automatic shifter market.
Some of the major players operating in the automatic shifter market are Kongsberg Automotive Group AG, Stoneridge, Inc., SILA Group, ZF Friedrichshafen AG, Fuji Kiko Co., Ltd, DURA AUTOMOTIVE SYSTEMS, Ficosa Internacional SA, Leopold Kostal GmbH & Co. KG, Küster, GHSP, Orscheln Products, Eissmann Group Automotive, Sila Group, ATSUMITEC CO.LTD, Delta Kogyo Co., Ltd., M&T ALLIED TECHNOLOGIES.CO.,LTD., Melrose Industries PLC, Eaton, Continental AG, Magna International Inc, and BorgWarner Inc., among others.
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