Automotive

E-Gear Multispeed Transmission Market

E-Gear Multispeed Transmission Market Research Report: Size, Share, Trend Analysis By Vehicle Type (Passenger Vehicle, Light Duty Vehicle, Medium & Heavy Duty Trucks, Buses & Coaches), By Sales Channel (OEM, Aftermarket) and By Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) - Growth Outlook & Industry Forecast To 2030

Vertical: AutoBase Year: 202110 Sections

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Executive Summary

E-Gear Multispeed Transmission Market — Snapshot

  • Market Size (2021)

    2021

    $10.49B

  • Projected (2030)

    2030

    $16.64B

  • CAGR (2018–2030)

    3.5%

  • Key Players

    15+

The global e-gear multispeed transmission market is consistently growing due to the Growing EV demand and government initiatives across globe and rising prevalence of fuel efficiency demand. Furthermore, growing demand for automated manual transmission is likely to drive the region’s market throughout the forecast year.

The global e-gear multispeed transmission market is projected to grow at 5.3% CAGR during the forecast period, 2022–2030. In 2021, the global e-gear multispeed transmission market was dominated by Asia-Pacific with a 53.1% share, followed by Europe, and North America with shares of 19.2%, and 16.5% respectively, while countries such as China & India are projected to showcase substantial growth throughout the forecast period.

The global e-gear multispeed transmission market has been segmented based on vehicle type, sales channel, propulsion, and region. Based on vehicle type, the global e-gear multispeed transmission market has been segmented into passenger vehicle, light duty vehicle, medium & heavy-duty vehicle, and buses & coaches. The passenger vehicle segment is estimated to grow at 4.3% during the forecast period, while in 2021, while it accounted for 66.6% share.

Based on sales channel, the global e-gear multispeed transmission market has been segmented into OEM, and aftermarket. The OEM segment is expected to grow at 5.1% during the forecast period. In 2021, the segment held 78.5% of the global e-gear multispeed transmission market.

Based on propulsion, the global e-gear multispeed transmission market has been segmented into electric vehicle (EV), and ICE vehicle. The ICE Vehicle segment is expected to grow at 3.5% during the forecast period. In 2021, the segment held 92.4% of the global e-gear multispeed transmission market.

Key Insight

The E-Gear Multispeed Transmission Market market is projected to grow at a CAGR of 3.5% from 2018 to 2030.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, South America.
  • Market Segmentation: The market is analyzed across 4 segments: Passenger Vehicle, Light Duty Vehicle, Medium & Heavy Duty Trucks, Buses & Coaches. Forecasts are provided for each segment from 2018 to 2030.
  • Competitive Landscape: 15 leading companies are profiled, covering market positioning, strategies, and recent developments.

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E-Gear Multispeed Transmission Market

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