Global Automated Manual Transmission (AMT) Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 18.45% from 2019 to 2027, reaching nearly US$ XX Bn.
Global Automated Manual Transmission (AMT) Market
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The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Automated Manual Transmission (AMT) Market: Market Overview
Automated manual transmission is a combination of automatic and manual transmission, which is a type of semi-automatic transmission. This system allows gear shift without using a clutch; hence it removes the need of clutch pedal during driving. The main components of AMT includes electronic control unit and hydraulic actuator system. This system provides a better driving experience to the occupant.
Global Automated Manual Transmission (AMT) Market: Market Dynamics
A significant growth of automotive industry across the world with rapid urbanization, increasing the demand for vehicles, in result rising the demand of electronic stability program. Rising the demand of comfort driving and fuel-efficiency propel the demand for automated manual transmission. The advantages of automated manual transmission include smooth operation, reliability and superior fuel economy which drives the market. In addition, any manual transmission can be converted into AMT by installing some components. Increasing disposable income and purchasing power, people spending more on purchasing comfortable vehicles. These are the major factors which work as drivers for the automated manual transmission market over the forecast period. Increasing disposable income of consumers and increasing spending power boost the sales of vehicles thus, it drives the automated manual transmission (AMT) market.
High installation cost and maintenance cost of automated manual transmission hinder the growth of the market over the forecast period. The hydraulic system and electronic control unit has increased the cost of AMT. The impact of pandemic COVID-19 on world economy, also affect the automobile sector, the disruption in the product supply chain create problems for manufacturers also hinder the growth of the market during the forecast period. In addition liquidity shortage and cash crunch impacted the sales of automobile vehicle. These are the key factors working as restrain for global Automated Manual Transmission (AMT) market during the forecast period.
Global Automated Manual Transmission (AMT) Market: Market Segmentation
The transmission box is key component of automated manual transmission; also, the electric control unit makes the transmission automated. Hence, both the segment of type is subjected to grow with highest CAGR during the estimated period. Rising disposable income and increasing spending power, and well-developed infrastructure increase the demand for passenger vehicles, hence the passenger vehicle segment of vehicle type is expected to dominate the global automated manual transmission (AMT) market. OEMs segment of sales channel holds the major shares of automated manual transmission (AMT) market as many OEMs are focused on adopting the advanced technology to ensure the comfort of the occupant.
Global Automated Manual Transmission (AMT) Market: Regional Analysis
North America is dominating the global automated manual transmission (AMT) market during the forecast period. Presence of a large number of premium car manufacturers in this region is the key factor driving the market growth. Most of the consumers prefer semi-automatic transmission in their vehicle. The auto manufacturers are spending a large amount of their revenue on research and development to provide more comfortable driving experience to their customers anticipated to drive the automated manual transmission (AMT) market in this region. Europe held substantial share of this market due to high adoption rate of advanced technology.
The objective of the report is to present a comprehensive analysis of the Global Automated Manual Transmission (AMT) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Automated Manual Transmission (AMT) Market dynamics, structure by analysing the market segments and projects the Global Automated Manual Transmission (AMT) Market size. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automated Manual Transmission (AMT) Market make the report investor’s guide.
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Global Automated Manual Transmission (AMT) Market, by Components
• Transmission box
• Electronic control unit
• Hydraulic actuator system
• Others
Global Automated Manual Transmission (AMT) Market, by Vehicle type
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
Global Automated Manual Transmission (AMT) Market, by Sales Channel
• OEMs
• Aftermarket
Global Automated Manual Transmission (AMT) Market, by Region
• Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Mexico
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Automated Manual Transmission (AMT) Market, Key Players
• Continental AG
• AB Volvo
• Magna International Inc.
• Allison Transmission Inc.
• GKN PLC.
• Alfa Romeo
• Jatco Ltd.
• Shaanxi Fast Gear Co., Ltd.
• Renault
• ZF Friedrichshafen AG
• WABCO
• Eaton Corporation
• BorgWarner Inc.
• Transportation Power
• Aisin World Corp.
• FCA US LLC.
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