5.73 mn units growth in Commercial Vehicle Transmission Market from 2021 to 2025|Technavio

NEW YORK, Oct. 8, 2021 /PRNewswire/ — The commercial vehicle transmission market is set to grow by 5.73 million units…

NEW YORK, Oct. 8, 2021 /PRNewswire/ — The commercial vehicle transmission market is set to grow by 5.73 million units from 2021 to 2025 and progress at a CAGR of 4.78%. The commercial vehicle transmission market analysis includes type and geography landscape. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

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The commercial vehicle transmission market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.

The market is driven by the increasing adoption of AMT in medium- and heavy-duty trucks. This study also identifies the rising adoption of electric commercial vehicles as one of the prime reasons driving the commercial vehicle transmission market growth during the next few years.

The commercial vehicle transmission market covers the following areas:

Commercial Vehicle Transmission Market Sizing

Commercial Vehicle Transmission Market Forecast

Commercial Vehicle Transmission Market Analysis

Companies Mentioned

  • Aisin Corp
  • Allison Transmission Holdings Inc.
  • BorgWarner Inc.
  • Daimler AG
  • Dana Inc.
  • Eaton Corporation Plc
  • Grupo KUO SAB de CV
  • Magna International Inc.
  • Ricardo Plc
  • ZF Friedrichshafen AG

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Commercial Vehicle Transmission Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.78%

Market growth 2021-2025

5.73 mn units

Market structure

Fragmented

YoY growth (%)

4.13

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 41%

Key consumer countries

US, China, Mexico, Japan, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aisin Corp, Allison Transmission Holdings Inc., BorgWarner Inc., Daimler AG, Dana Inc., Eaton Corporation Plc, Grupo KUO SAB de CV, Magna International Inc., Ricardo Plc, and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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