27 December 2019 - The Global 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.
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.
Market
Segment:
Leading
players of Automotive Gear Shifter including:
•
Kongsberg
•
ZF
•
GHSP
•
SL Corporation
•
Sila
•
Ficosa
•
Fuji Kiko
•
Kostal
•
DURA
•
Tokai Rika
•
Ningbo Gaofa
•
Chongqing Downwind
•
Nanjing Aolin
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
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