A recent report published by
Infinium Global Research on the automotive hybrid transmission system market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional automotive hybrid transmission system market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional automotive hybrid transmission system market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global automotive hybrid transmission
system market. According to the report, the global automotive hybrid
transmission system market is projected to grow at a healthy CAGR over the
forecast period of 2019-2025.
The automotive hybrid
transmission system is defined as a system that transfers the power from engine
to the wheels for driving a hybrid vehicle. Hybrid vehicles have multiple forms
of motive power. Transmission efficiency, high-efficiency engine ranges, and
highly responsive gear changes are the basic functions of any transmission
system to achieve. These all functions have been implemented by Toyota by
reducing the mechanical loss, wider gear range, and improved shift tracking. In
Feb 2018, the Continuously Variable Transmission (CVT), 6-speed manual
transmission, 2.0-liter engine, 2.0-liter hybrid system, and 4WD systems have
been developed by the Toyota Motor Corporation for the cars. This provides
superior fuel efficiency. The hybrid system reduces fuel consumption and CO2
emissions up to 35%, equivalent to more than 50% increase in fuel economy.
These studies have been done by the International Council on Clean
Transportation.
The increasing demand for the
eco-friendly vehicles, which runs only on the electricity, hybrid and other
sources such as biofuel, hydro fuel, is the factor driving the automotive
hybrid transmission system market. Increasing development of the advanced
transmission system by the OEMs and an increasing number of key players for a
hybrid vehicle is some supporting key factors propelling the market growth.
Moreover, increasing awareness in the customer regarding the hybrid vehicle is
also boosting the automotive hybrid transmission system market. However, the
high cost of the automotive hybrid transmission system is the factor hampering
the market growth. The increasing number of automobiles globally offers
favorable challenges in the automotive hybrid transmission system market.
Geographically, Asia Pacific is
the dominant region in the automotive hybrid transmission system market due to
the increasing production as well as the sale of the hybrid vehicle and
electric vehicle. As of 2019, Japan is ranked as the market leader of the
automotive hybrid transmission system market. Europe holds the second largest
market share in this market owing to the increasing number of hybrid vehicles.
North America is expected to reach dominate the market in the forecast period.
The report on the global
automotive hybrid transmission system market covers segments such as vehicle
type. On the basis of vehicle type, the sub-markets include full HEVs, mild
HEVs, and PHEVs.
The report provides profiles of
the companies in the market such as Aisin Seiki Co., Ltd., AVL List GmbH,
BorgWarner Inc., Continental AG, ZF Friedrichshafen AG, Eaton Corporation Inc,
JATCO Ltd, Magna International Inc., Schaeffler Group, and other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of automotive hybrid transmission system market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.