Automotive Advanced Gear Shifter System Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Sweden, Italy, Norway, Spain, Netherlands, China, Japan, India, Korea, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI3477
Automotive Advanced Gear Shifter System Market size will witness exponential growth over the study timeframe on account of reducing the driver fatigue while changing gears and improving the overall customer driving experience. The technology engages, disengage, and change gears as per the driver’s and engine requirement, thus eliminates the tiring task of manual gear shifting. It uses electric system to operate clutch and solenoid actuators that performs gear shifting task.
The poor road conditions coupled with improvements in technology and enhanced fuel efficiency of semi-automatic and automatic transmission vehicles are boosting the product penetration over the study timeframe. The vehicle users in the emerging economies including India are adopting automatic vehicles owing to ease in travelling along with ease of driving in highly congested areas. For instance, in April 2018, Ford announced that up to 50% Ford buyers in Indian cities including Delhi are opting for automatic transmission. This will support the automotive advanced gear shifter system market growth over study timeframe.
The increasing adoption of x- by- wire technologies in vehicles owing to the requirement for precision in electronic engine controls are supporting the automotive advanced gear shifter system market growth. The system eliminates mechanical linkages and uses electromechanical or electrical systems to improve fuel economy and offers superior comfort during travelling compared to the manual transmission vehicles. In addition, the several counties including U.S., China, and India across the globes are providing subsidiaries to promote usage of electric vehicles that will further boost the product penetration.
The organizations including the International Organization for Standardization (ISO), Automotive Research Association of India (ARAI), and National Highway Traffic Safety Administration (NHTSA) provides guidelines for safety of automotive systems. ISO/TS 12104:2003 provide the gearshift pattern guidelines for automatic transmission to ensure the safety and vehicle performance. These regulations further boost the customer confidence towards usage of these systems, thereby proliferating the automotive advanced gear shifter system market expansion.
Based on technology, the automotive advanced gear shifter system market is bifurcated into automatic shifter and shift by wire (SBW) technology. The automatic shifter will grow considerably owing to development of cost-effective automatic shifter solutions ideal for small city cars. Industry players are introducing advanced new shifter technologies that offers economic solutions for budgeted vehicles. For instance, in March 2016, FEV launched its compact dual clutch transmission (DCT) for city vehicles.
Based on component, the automotive advanced gear shifter system market size is segmented into CAN module, electronic control unit (ECU), and solenoid actuators. The ECU will grow significantly owing to its critical component functioning in gear shifter operations. The ISO 26262 ensures the quality of ECU used in systems and are appropriately tested prior to commercialization. The adoption of optimized ECU calibration enables vehicle manufacturers to improve the fuel efficiency. For instance, in February 2014, Maruti Suzuki launched Celerio with auto gear shift technology that includes new generation transmission and ECU.
The automotive advanced gear shifter system market size based on vehicle is segmented into passenger vehicles, LCV, and HCV. Passenger vehicles will account for a significant share owing to rising customer preference towards automatic transmission vehicles. The increasing vehicle sales across the globe along with easier availability of financing alternatives will further support the business expansion. The vehicle manufacturers are frequently launching new vehicle models with advanced transmission alternatives to increase their market reach. For instance, in May 2019, Hyundai launched its Venue compact SUV with dual-clutch transmission (DCT) technology.
Asia Pacific will grow significantly in the automotive advanced gear shifter system market owing to increasing vehicle production and sales. The rising disposable income along with subsidies on purchase of electric vehicles will further boost the industry revenue over the study timeframe. The rising popularity of automated manual transmission (AMT) owing to minimum price increase over the manual transmission counterparts along with superior mileage and convenience further accentuates the regional share.
Few of the key participants in the automotive advanced gear shifter system market size include ZF Friedrichshafen AG, Ficosa Internacional SA, Kongsberg Automotive, Silatech Srl, Stoneridge, Inc., and Lumax Industries. The other players in the market includes Dura, GHSP, Orscheln Products, Atsumitec, Kostal, Eissmann Group Automotive, Delta Kogyo, and M&T Allied Technologies. Long term agreements and contracts with vehicle manufacturers are the key strategies adopted by industry participants to enhance their revenue share. For instance, in November 2017, Ficosa Internacional SA announced multiple contracts from Asian automobile manufacturers combinedly worth at over USD 45 million for providing shift-by-wire levers, rotary shift-by-wire systems, ECU, and gearbox actuators.
Automotive Advanced Gear Shifter System Market, By Technology, 2013 - 2025 (Units, USD Million)
- Automatic Shifter
- Shift By Wire (SBW)
Automotive Advanced Gear Shifter System Market, By Component, 2013 - 2025 (Units, USD Million)
- CAN module
- Electronic Control Unit (ECU)
- Solenoid Actuators
Automotive Advanced Gear Shifter System Market, By Vehicle, 2013 - 2025 (Units, USD Million)
- Passenger Vehicles
The above information has been provided on a regional and country basis for the following:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- ZF Friedrichshafen AG
- Ficosa Internacional SA
- Kongsberg Automotive
- Stoneridge, Inc.
- Lumax Industries
- Orscheln Products
- Eissmann Group Automotive
- Silatech Srl,
- Delta Kogyo
- M&T Allied Technologies
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