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Pulished Date February, 2020
ID: 8571
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Advanced Gear Shifter System Market Segmentation By Technology (Automatic Shifter, Shift-By-Wire) By Component (CAN Module, Electronic Control Unit, Solenoid Actuator, Others) By Vehicle (Light Duty Vehicle, Commercial Vehicle) By Electric Vehicle (BEV, FCEV, PHEV) - Industry Analysis, Market Size, Share, Growth, Trends and Forecast | 2021 - 2026

Pulished: February, 2020
ID: 8571
Pages: 170

Advanced Gear Shifter System Market Size, Trends & Growth (2021 - 2026)

The Advanced Gear Shifter System Market is anticipated to be USD 12.6 billion in 2021 and is anticipated to reach USD 18.3 billion in 2026 growing at a CAGR of 8.16% during the forecast period 2021 - 2026.

The advanced shifting system understands the operation of the arrangement and the trouble of the gears. Allows the car to operate with two-pedal technology. It does not include a clutch pedal and therefore reduces effort and tension. Offers the serviceability of an automatic transmission without compromising fuel efficiency. The advantages associated with the advanced shifting system are handling, affordable technology, more mileage and smooth shifting. It is applicable to the variety of cars. Poor road conditions, along with improvements in technology and improved fuel efficiency of vehicles with semi-automatic and automatic transmissions, resulted in product penetration during the study period.

Vehicle users in emerging economies including India are adopting automatic vehicles due to the ease of movement and ease of driving in heavily congested areas. For example, in April 2018, Ford announced that up to 55% of Ford buyers in Indian cities, including Delhi, were opting for automatic transmission. This will support the growth of the Automotive Advanced Shifting Systems market during the study period. The increasing adoption of x-by-wire technologies in vehicles due to the requirement for precision in electronic engine controls is supporting the growth of the advanced automotive shifting systems market. The system removes mechanical linkages and utilizes electromechanical or electrical systems to develop fuel economy and provide superior ride comfort compared to manual transmission vehicles. In addition, several countries including the United States, China, and India globally are providing affiliates to promote the use of electric vehicles which will further boost product penetration.

The advanced shifting system is an electronically controlled system, which is responsible for engaging and disabling gear. It uses a lever and an electronic system to activate / deactivate or shift gears according to the driver's requirements. In a manual transmission system, shifting gears can be a tiring task, this is eliminated with the advanced shifting system. This system identifies when the driver changes gears and an electrical system operates the clutch and a solenoid actuator to actuate engagement, disengagement and shifting. This has had a positive impact on the market for advanced shifting systems. The increased production of vehicles equipped with automatic and semi-automatic transmission is likely to drive growth in this segment.

Recent Developments 

  • In February 2020, Hyundai and Kia are developing the world's first ICT-connected automatic transmission system. This new technology is said to be able to improve the driving comfort of automatic transmission cars and fuel efficiency by minimizing unnecessary gear changes through a predictive shift control system. In addition, Hyundai and Kia are considering future developments for this system to include consideration of driver preferences and the condition of traffic signs.
  • In May 2018, Tata Motors announced the nationwide launch of TATA NEXON A.M.T. with HyprDrive automatic gears. With the introduction of the Tata NEXON Hyprdrive S-SG, Tata Motors has christened all of its 2-pedal drivetrain cars “HyprDrive,” while all of the company's AMT variants will now be referred to as Self-Shift Gears (S-SG).
  • In September 2018, the Honda CR-V gets the push-button gearshift. It is also larger and offers 7 seats with the diesel variant. In addition, the company will not offer a conventional shifter with its latest SUV. Instead of the gear stick, you'll have buttons to switch between modes like D, S, and N.

Drivers in the Advanced Gear Shifter System Market

Market drivers include the growing demand for semi-automatic and automatic transmission vehicles, the increased use of cable shifting, and the precise and rapid response technology of this system. Moreover, the factors limiting the growth of the advanced gear shifting systems market are the complexity and inferior reliability of the system and the high price compared to normal gear shifting. However, the growing preference for automatic and hybrid transmission in developing countries and haptic throttles in vehicles of the future are expected to create opportunities for the market in the years to come.

The global advanced automotive gear shifting systems market is primarily driven by the growing demand for vehicles with semi-automatic and automatic transmissions coupled with higher per capita income and increased electrification of vehicles. Another important factor in the automotive advanced shifting system is the increased use of x-by-wire technology, in which electrical or electromechanical systems are used to perform operations that were traditionally operated by mechanical links. Governments in several countries provide subsidies and implement strict emission standards to promote electric vehicles. The increased demand for electric vehicles in North America and Europe is likely to drive the advanced automotive shifting systems market during the forecast period. The growing demand for travel comfort is driving the market for advanced automotive gear shifting systems at a rapid pace.

Restraints in the Advanced Gear Shifter System Market

However, the major limitations in the global automotive advanced shifting systems market are the complexity of the design and maintaining the required reliability. Customer satisfaction is the prime concern of manufacturers in the global Automotive Advanced Gear Shift System Market. Advanced shifting systems are less reliable and complex, and therefore more expensive than conventional shifting systems. This is a key factor limiting the global advanced automotive shifting systems market.

Advanced Gear Shifter System Market is segmented into the following categories.

Advanced Gear Shifter System Market - By Technology

  • Automatic Shifter
  • Shift-By-Wire (SBW)

The automatic shifter will increase significantly with the development of economical automatic shifter solutions, ideal for small city cars. Industry players are introducing new advanced shifting technologies that offer cost effective solutions for budget vehicles. For example, in March 2016, FEV launched its Compact Dual Clutch Transmission (DCT) for urban vehicles.

Advanced Gear Shifter System Market - By Component

  • Can Module
  • Electronic Control Unit (ECU)
  • Solenoid Actuator
  • Others

Based on the component, the automotive advanced shifting system market size is segmented into CAN module, electronic control unit (ECU), and solenoid actuators. The ECU will increase significantly due to the performance of its critical component in shifting operations. ISO 26262 guarantees the quality of the computers used in the systems and is correctly tested before marketing. The adoption of optimized ECU calibration enables automakers to improve fuel efficiency. For example, in February 2014, Maruti Suzuki launched Celerio with automatic gear shifting technology that includes a new generation transmission and ECU.

Advanced Gear Shifter System Market - By Vehicle

  • Passenger vehicle
  • LCV     
  • HCV

The market size for advanced automotive gear shifting systems is segmented into passenger vehicles, LCVs and HCVs. Passenger vehicles will be a significant share due to the growing customer preference for vehicles with automatic transmission. The increase in vehicle sales worldwide, coupled with the easier availability of financing alternatives, will further support business expansion. Car manufacturers frequently launch new vehicle models with advanced transmission alternatives to increase their reach in the market. For example, in May 2019, Hyundai launched its Venue compact SUV with Dual Clutch Transmission (DCT) technology.

Advanced Gear Shifter System Market - By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

The Asia-Pacific market is expected to hold the largest market share and is expected to grow at a significant CAGR during the forecast period. The growth of the market in the region can be attributed to the increase in vehicle production and the adoption of advanced technologies in vehicles. The expansion of the major OEMs and suppliers of automotive components in developing economies is in China, and India is also expected to drive growth in this region. The Indian government's “Make in India” initiative has gained momentum as some of the world's major automakers invest heavily in the region. For example, German automaker Volkswagen recently announced plans to invest around € 1 billion in the country over the next few years to develop six new models. Recently, Suzuki Motor Corp also announced investments of around $ 3 billion over the next three years to maintain its position in the Indian passenger car market.

North America has a high rate of adoption of advanced technologies. High per capita income and a higher standard of living are driving the demand for luxury vehicles in the region. North America comprises a considerable number of luxury vehicles and hence the region represents a leading part of the global advanced automotive shifting systems market.

Leading Company

Kongsberg Automotive produces a wide range of parts with production plants around the world. The company is listed on the Oslo Stock Exchange under the symbol KOA.

Key Players

The key players profiled in the report for the market include Delta Kogyo Co., Ltd., Eissmann Group Automotive, Fujikiko Co. Ltd., GHSP, Kongsberg Automotive, Leopold Kostal GmbH & Co. KG, M&T ALLIED TECHNOLOGIES.CO.LTD., Orscheln Products, and Sila Group

COVID – 19 Impact

The staggering ramifications of the COVID-19 pandemic have affected all of us. Global personal losses are nothing short of devastating and preventative measures such as widespread closures and physical distancing, while necessary, have completely transformed our daily reality into what may seem like a surreal nightmare. The vast economic effect of the coronavirus is not yet known and may not be fully considered for some time

1. Introduction                         

          1.1 Market Definition               

          1.2 Scope of the report            

          1.3 Study Assumptions            

          1.4 Base Currency, Base Year and Forecast Periods                  

2. Research Methodology                            

          2.1 Analysis Design                 

          2.2 Research Phases                

                    2.2.1 Secondary Research        

                    2.2.2 Primary Research  

                    2.2.3 Data Modelling     

                    2.2.4 Expert Validation  

          2.3 Study Timeline                   

3. Report Overview                             

          3.1 Executive Summary           

          3.2 Key Inferencees                  

4. Market Dynamics                           

          4.1 Impact Analysis                  

                    4.1.1 Drivers        

                    4.1.2 Restaints     

                    4.1.3 Opportunities       

          4.2 Regulatory Environment              

          4.3 Technology Timeline & Recent Trends            

5. Competitor Benchmarking Analysis                            

          5.1 Key Player Benchmarking            

                    5.1.1 Market share analysis     

                    5.1.2 Products/Service   

                    5.1.3 Regional Presence 

          5.2 Mergers & Acquistion Landscape          

          5.3 Joint Ventures & Collaborations            

6. Market Segmentation                    

          6.1 Adavanced Gear Shifter System Market, By Technology               

                    6.1.1 Automatic Shifter 

                    6.1.2 X-By-Wire   

                    6.1.3 Market Size Estimations & Forecasts (2019-2024)

                    6.1.4 Y-o-Y Growth Rate Analysis    

                    6.1.5 Market Attractiveness Index    

          6.2 Adavanced Gear Shifter System Market, By Component               

                    6.2.1 CAN Module

                    6.2.2 Electronic Control Unit (ECU)   

                    6.2.3 Solenoid Actuator 

                    6.2.4 Market Size Estimations & Forecasts (2019-2024)

                    6.2.5 Y-o-Y Growth Rate Analysis    

                    6.2.6 Market Attractiveness Index    

          6.3 Adavanced Gear Shifter System Market, By Vehicle            

                    6.3.1 Light Duty Vehicle

                    6.3.2 Commercial Vehicle        

                    6.3.3 Market Size Estimations & Forecasts (2019-2024)

                    6.3.4 Y-o-Y Growth Rate Analysis    

                    6.3.5 Market Attractiveness Index    

          6.4 Adavanced Gear Shifter System Market, By Electric Vehicle          

                    6.4.1 BEV    

                    6.4.2 FCEV 

                    6.4.3 PHEV 

                    6.4.4 Market Size Estimations & Forecasts (2019-2024)

                    6.4.5 Y-o-Y Growth Rate Analysis    

                    6.4.6 Market Attractiveness Index    

7. Geographical Landscape                          

          7.1 Global Identity Governance and Administration Market, by Region                  

          7.2 North America - Market Analysis (2018 - 2024)               

                    7.2.1 By Country  

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Technology      

                    7.2.3 By Component      

                    7.2.4 By Vehicle   

                    7.2.5 By Electric Vehicle 

          7.3 Europe            

                    7.3.1 By Country  

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Technology      

                    7.3.3 By Component      

                    7.3.4 By Vehicle   

                    7.3.5 By Electric Vehicle 

          7.4 Asia Pacific               

                    7.4.1 By Country  

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Technology      

                    7.4.3 By Component      

                    7.4.4 By Vehicle   

                    7.4.5 By Electric Vehicle 

          7.5 Latin America           

                    7.5.1 By Country  

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Technology      

                    7.5.3 By Component      

                    7.5.4 By Vehicle   

                    7.5.5 By Electric Vehicle 

          7.6 Middle East and Africa                 

                    7.6.1 By Country  

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Technology      

                    7.6.3 By Component      

                    7.6.4 By Vehicle   

                    7.6.5 By Electric Vehicle 

8. Key Player Analysis                        

          8.1 Dura Automotive Systems           

                    8.1.1 Business Description      

                    8.1.2 Products/Service   

                    8.1.3 Financials    

                    8.1.4 SWOT Analysis      

                    8.1.5 Recent Developments     

                    8.1.6 Analyst Overview  

          8.2 Ficosa International S.A               

          8.3 Kongsberg Automotive Holding ASA              

          8.4 ZF Friedrichshafen AG                 

          8.5 Curtiss-Wright                   

          8.6 KÜSTER Unternehmensgruppe              

          8.7 Lumax Industries Ltd                  

          8.8 Stoneridge, Inc                   

          8.9 SILATECH S.r.l          

          8.10 Magneti Marelli S.p.A                

9. Market Outlook & Investment Opportunities                        

Appendix                       

          List of Tables                 

          List of Figures                

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms By Cutting Systems and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. Global Advanced Gear Shifter System Market By Region, From 2020-2025 ( USD Billion )
  2. Global Advanced Gear Shifter System Market By Technology, From 2020-2025 ( USD Billion )
  3. Global Automatic Shifter Market By Region, From 2020-2025 ( USD Billion )
  4. Global X-By-Wire Market By Region, From 2020-2025 ( USD Billion )
  5. Global Advanced Gear Shifter System Market By Component, From 2020-2025 ( USD Billion )
  6. Global CAN Module Market By Region, From 2020-2025 ( USD Billion )
  7. Global Electronic Control Unit (ECU) Market By Region, From 2020-2025 ( USD Billion )
  8. Global Solenoid Actuator Market By Region, From 2020-2025 ( USD Billion )
  9. Global Advanced Gear Shifter System Market By Vehicle, From 2020-2025 ( USD Billion )
  10. Global Light Duty Vehicle Market By Region, From 2020-2025 ( USD Billion )
  11. Global Commercial Vehicle Market By Region, From 2020-2025 ( USD Billion )
  12. Global Advanced Gear Shifter System Market By Electric Vehicle, From 2020-2025 ( USD Billion )
  13. Global BEV Market By Region, From 2020-2025 ( USD Billion )
  14. Global FCEV Market By Region, From 2020-2025 ( USD Billion )
  15. Global PHEV Market By Region, From 2020-2025 ( USD Billion )

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