Automotive Gear Shift System Market

An automotive gear shift system is a type of transmission system in which gear and gear drive are used to control the speed and torque of the vehicle. These systems are generally available in automatic as well as manual gear shift systems. Automatic gear shift systems involve a metal lever attached to shift assembly framework. Automotive gear shift systems are used to decelerate or accelerate the vehicle. The manual automotive gear shift systems require a clutch pedal, whereas automatic or semi-automatic gear shift systems do not use the clutch pedal.

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The increasing demand for passenger cars across the globe is significantly driving the growth of the global automotive gear shift system market. In the automotive industry, technological enhancements play a crucial role, which has surged the use of electronic gear shift system instead of manual gear shift system. Governments worldwide have set strict policies and regulations to boost the use of fuel and emission efficient components in vehicles by the manufacturers. These factors are responsible for the growth of the global automotive gear shift system market. Automotive gear shift systems provide better control, which offers the power to drive a vehicle properly. Most of the automotive manufacturers are inclining towards wire gear shift systems, mainly in electric vehicles, which is growing the demand for push button shifter technology. This advancement provides customers with a smoother transition between gears, which replaces the mechanical coupling. These features are likely to bolster the growth of the global automotive gear shift system market. However, high cost of raw materials to manufacture these components might become a restraint in the growth of the global automotive gear shift system market.

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Based on the vehicle type, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The light commercial vehicles segment is anticipated to grow at a faster CAGR over the forecast period. Technological advancement in gear shift systems are playing a crucial role in driving the demand in the budget vehicles. Advanced gear shift technologies, such as wire gear shift systems and automatic shifter play a vital role in propelling the growth of the light commercial vehicles segment of the global automotive gear shift systems market.

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Based on the region, Asia-Pacific region is projected to grow at a higher CAGR during the forecast period. This is mainly due to the rising sales of automobiles in this region. Countries like China are the major contributor in this region owing to their massive production capacity and a large presence of manufacturers. According to the China Association of Automobile Manufacturers (CAAM), the sales volume of vehicles in China was 25.76 million units in 2019. The growing adoption of advanced gear shift technologies in this region is significantly contributing to the growth. Such factors are responsible for the growth of the automotive gear shift systems market in Asia-Pacific.

Various notable players operating in the market, include, Kongsberg Automotive, GHSP, ZF Friedrichshafen AG, SL Corporation, Ficosa Corporation, Sila Group, Eissmann Group Automotive, Dura Automotive Systems, JOPP Group, and TOKAIRIKA, Co., LTD, among others. 

Key Developments: 

• • In 2019, JOPP Group announced its partnership with Lumax Auto Technologies, named as ‘Lumax JOPP Allied Technologies. This new collaboration is focussed on self-reliance in technology as well as implement a state-of-the-art research & development centres along with manufacturing operations.

The global automotive gear shift system market has been segmented on the basis of type, transmission type, vehicle type, sales channel and regions. Based on type, the market is segmented into stick shifter, joystick/mono stable shifter, rotary shifter, stalk shifter, and push button shifter. Based on transmission type, the market is segmented into manual gear shift system and automatic gear shift system. Based on vehicle type, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. Based on sales channel, the market is segmented into OEM and aftermarket. Based on region, the global automotive gear shift system market is segmented into North America, Europe, Asia-Pacific, and roW. 

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Key questions answered in this research report:

• • At what pace is global automotive gear shift system market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in automotive gear shift system market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global automotive gear shift system market?
  • Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
  • What are the various transmission type areas of global automotive gear shift system market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Automotive Gear Shift System Market by Type

• • Stick Shifter
  • Joystick/Mono Stable Shifter
  • Rotary Shifter
  • Stalk Shifter
  • Push Button Shifter

Global Automotive Gear Shift System Market by Transmission Type

• • Manual Gear Shift System
  • Automatic Gear Shift System

Global Automotive Gear Shift System Market by Vehicle Type

• • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

 Global Automotive Gear Shift System Market by Sales Channel

• • OEM
  • Aftermarket

Global Automotive Gear Shift System Market by Region

• • North America Automotive Gear Shift System Market (Option 1: As a part of the free 25% customization)
    • North America Automotive Gear Shift System Market by Type
    • North America Automotive Gear Shift System Market by Transmission Type
    • North America Automotive Gear Shift System Market by Vehicle Type
    • North America Automotive Gear Shift System Market by Sales Channel
    • US Automotive Gear Shift System Market All-Up
    • Canada Automotive Gear Shift System Market All-Up
  • Europe Automotive Gear Shift System Market (Option 2: As a part of the free 25% customization)
    • Europe Automotive Gear Shift System Market by Type
    • Europe Automotive Gear Shift System Market by Transmission Type
    • Europe Automotive Gear Shift System Market by Vehicle Type
    • Europe Automotive Gear Shift System Market by Sales Channel
    • UK Automotive Gear Shift System Market All-Up
    • Germany Automotive Gear Shift System Market All-Up
    • France Automotive Gear Shift System Market All-Up
    • Spain Automotive Gear Shift System Market All-Up
    • Rest of Europe Automotive Gear Shift System Market All-Up
  • Asia-Pacific Automotive Gear Shift System Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Automotive Gear Shift System Market by Type
    • Asia-Pacific Automotive Gear Shift System Market by Transmission Type
    • Asia-Pacific Automotive Gear Shift System Market by Vehicle Type
    • Asia-Pacific Automotive Gear Shift System Market by Sales Channel
    • China Automotive Gear Shift System Market All-Up
    • India Automotive Gear Shift System Market All-Up
    • Japan Automotive Gear Shift System Market All-Up
    • Rest of APAC Automotive Gear Shift System Market All-Up
  • RoW Automotive Gear Shift System Market (Option 4: As a part of the free 25% customization)
    • RoW Automotive Gear Shift System Market by Type
    • RoW Automotive Gear Shift System Market by Transmission Type
    • RoW Automotive Gear Shift System Market by Vehicle Type
    • RoW Automotive Gear Shift System Market by Sales Channel
    • Brazil Automotive Gear Shift System Market All-Up
    • South Africa Automotive Gear Shift System Market All-Up
    • Saudi Arabia Automotive Gear Shift System Market All-Up
    • UAE Automotive Gear Shift System Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Automotive Gear Shift System Market All-Up

Major Players Operating the Automotive Gear Shift System (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Kongsberg Automotive
  • GHSP
  • ZF Friedrichshafen AG
  • SL Corporation
  • Ficosa Corporation
  • Sila Group
  • Eissmann Group Automotive
  • Dura Automotive Systems
  • JOPP Group
  • TOKAIRIKA, Co., LTD.