DUBAI, UAE. 3th September
2019: Automotive Gear Shifter Market is anticipated to grow at a higher CAGR
during the forecast period. Automotive gear shifters are required to match
engine power with the change in drive power under dynamic conditions. In
addition, a gear shift is expected to be constant with the vehicle so that it
remains prepared for the next gear shift. Hence, an optimal conversion of
engine power plays a vital role in enhancing the driving conditions and fuel
economy. Moreover, gear shift strategies are relatively necessary in order to
deal with gear shift, engine start, clutch slip and their effect on gear
control/shift.
With the rising change
in technology marked by tremendous developments in electronics and
electro-mechanical components, the automotive transmissions are leaping towards
enhancing fuel economy and gear shift comfort.
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Automotive gear
shifter market is driven by growth in automotive industry and vendor emphasis
on electronic replacement with an objective to enhance efficiency of
transmission system to change the speed of changing gears. Rise in disposable
income followed by growing awareness in the vehicle occupants and rise in use
of electronics in vehicles propels the market growth. In addition, increase in
demand for mid-size and luxury vehicles in the recent years is more likely to
trigger the market growth.
Geographical
segmentation for automotive gear shifter industry spans North America, South
America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are
more likely to encounter a higher CAGR during the forecast period on the
grounds of tremendous demand by consumers for automobile, which in turn has
helped the market growth.
North American and
European markets have resulted in a higher CAGR during the estimated period
owing to presence of automobile OEMs and automotive component suppliers in the
region. The key players profiled in automotive gear shifter market report are
Kongsberg, Tokai Rika, Fuji Kiko, DSM, ZF Friedrichshafen, Eissmann, ZF TRW,
Aisin AI, Ficosa, Ningbo Gaofa, Sapura and PT. Astra.
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Market split by Type, can be
divided into:
§
Manual Mode
§
Automatic Mode
Market split by Application,
can be divided into:
§
Passenger Vehicle
§
Commercial Vehicle
Market split by Sales Channel,
can be divided into:
§
Direct Channel
§
Distribution Channel
Market segment by
Region/Country including:
§
North America (United
States, Canada and Mexico)
§
Europe (Germany, UK,
France, Italy, Russia and Spain etc.)
§
Asia-Pacific (China,
Japan, Korea, India, Australia and Southeast Asia etc.)
§
South America Brazil,
Argentina, Colombia and Chile etc.)
§
Middle East &
Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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