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North America Transmission System Market worth $37,149.8 million by 2019


The Report “North America Transmission System Market by Vehicle Type (Passenger Car, LCV, HCV) by Transmission Type (Manual, Automatic, AMT, CVT) by Geography (U.S., Canada, Mexico) - Analysis and Forecast to 2019” is estimated to reach $37,149.8 million by 2019., at a CAGR of 6.4% from 2014 to 2019.

                                                    

Browse through the TOC of the North America Transmission System Market for an analysis of industry trends and segments, with the help of various tables and figures.

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To analyze the North American transmission system market thoroughly, a segmentation of this market has been performed on the basis of vehicle type, transmission type, and geography. The main vehicle types considered are passenger cars, light commercial vehicles, and heavy commercial vehicles. The four major transmission type segments covered in the report include Automatic Transmission (AT), Manual Transmission (MT), Automated Manual Transmission (AMT), and Continuously Variable Transmission (CVT). The countries included in the report are the U.S., Mexico, and Canada.

As of 2014, the U.S. holds the largest share in the North American transmission systems market, followed by Mexico and Canada. The automatic transmission segment accounted for the largest share of the market in 2014, among transmission types, followed by the continuously variable transmission segment.

Currently, the U.S. is the leader in the production of transmission systems, by volume, followed by Mexico and Canada. The factors favoring the market include improved fuel efficiency for conventional systems and the growing demand for low carbon footprint technologies. The major restraints for the market are the saturation of automatic transmission systems in the North American region and the high costs of high-end transmission systems.

ZF Friedrichshafen AG (Germany) and Aisin Seiki (Japan) are among the major players of the North American transmission systems market.

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