Automobile manufacturers are using various technology options to improve vehicle fuel economy, which include engine technology, transmission technology, hybrid and electrification technologies, and also vehicle technology (weight reduction, aerodynamic drag improvement). In order to satisfy customer demand for fuel-efficient vehicles, manufacturers have introduced a number of transmission improvements over the past three years, including the incorporation of a higher number of gears and new technologies such as the Dual Clutch Transmission (DCT). The need for transmission in an automobile is a consequence of the characteristics of the internal combustion engine. Engines typically operate over a range of 600 to about 7000 revolutions per minute, while car wheels rotate between 0 rpm to 1800 rpm. Furthermore, an engine provides its highest torque and power outputs unevenly across the rev range resulting in a torque band and a power band. Often the greatest torque is required when the vehicle is moving from rest or is travelling slowly, while maximum power is needed at high speeds. Therefore, there is a requirement for a system that transforms the engine output so that it can supply high torque at low speeds, and also operate at highway speeds with the motor still operating within its limits. Transmission systems perform and enable this transformation.
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In North America, the U.S. and Mexican segments accounted for significant portions of the transmission system market. The LCV segment is the major contributing segment for the transmission system market of the region, among the vehicle types, followed by the passenger car and HCV segments.
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Over the past few years, transmission system market technologies have witnessed significant advancements, which are transforming its demand and supply throughout North America. Asia-Pacific is the leader in the production of vehicles, followed by Europe and North America.
The transmission system market has been segmented on the basis of vehicle type, transmission system type, and geography. The vehicle type segment is categorized into three further segments, namely passenger cars, LCV, and HCV. The transmission types included in the report are automatic transmission, manual transmission, automated manual transmission, and continuously variable transmission. On the basis of geography, the North American transmission systems market has been segmented into the U.S., Mexico, and Canada. The U.S. is leading the overall North American transmission system market.
