Europe Automatic Transmission for Passenger Car Market Size By Fuel Type (Gasoline, Diesel), By Geographic Scope And Forecast

Europe Automatic Transmission for Passenger Car Market Size And Forecast

Europe Automatic Transmission for Passenger Car Market size was valued at USD 8,650.93 Million in 2021 and is projected to reach USD 16,552.73 Million by 2030, growing at a CAGR of 8.50% from 2022 to 2030.

The market is primarily driven due to the increasing automotive sector and the growing number of registration for passenger cars in Europe. Moreover, the technological advancement in the automotive transmission is expected to increase the demand for Europe Automotive Transmission for the Passenger Cars market. The Europe Automatic Transmission for Passenger Car Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Europe Automatic Transmission for Passenger Car Market Definition

The most advanced transmission system achieves various speeds automatically while drastically reducing the mechanical effort required by the drives. In order to enable transmission, planetary gear sets are arranged in sequence. Used by manufacturers like Skoda, Toyota, and Lexus, among others. A mechanism that provides various gear or drives ratios between an automotive vehicle’s engine and drive wheels, with the main goal of enabling the car to accelerate quickly from a stop and maintain the engine’s operating speed range.

The component of a car’s power train offers neutral and reverse gear ratios, as well as different gear ratios between the engine and drive wheels. With the crankshaft rotating in only one direction, an internal combustion engine produces relatively little torque at low speeds and its greatest amount of torque at a single speed. The transmission transforms the engine’s speed and torque into an output speed and torque in the chosen direction for the final drive to satisfy the vehicle’s need for tractive power. With this configuration, a smaller engine can move the car from a stop to its top speed while still delivering respectable performance and fuel efficiency. The drive axle and transmission may be merged to form a transaxle, as is the case with most front-drive cars, or the drive axle may be a distinct unit, as is the case with front-engine rear-drive vehicles.

A car’s transmission system aids in transferring mechanical power from the engine to the wheels, where it is converted into kinetic energy. It is a bridge that connects the engine’s power and energy to the wheels through an intricate system of gears, shafts, and other electrical devices. The system’s full configuration enables the car to maintain its cruising speed without experiencing any failures. In response to strict emission regulations and the pressing need for higher fuel efficiency, automotive transmissions are heading toward electrification. New transmission methods are continually being created with the use of computer-aided programs. A vehicle’s transmission is one of its most crucial parts. It is what transfers the engine’s power to the wheels.

There are numerous auto transmissions available. Some are automated, whereas stick-shift automobiles’ manual transmissions necessitate additional driver actions in order for the vehicle to function properly. A typical car automatic gearbox consists of a planetary gear system that offers overdrive in fourth or higher gear, a hydrodynamic three-element torque converter with locking clutch, and a hydraulic or electrohydraulic control system. Technological advancement in the automotive sector is putting more and more emphasis on electric and hybrid vehicles. The prevalence of electric and hybrid vehicles has expanded as a result of the governments of major nations adopting tight emission rules. The Europe market is being driven by the higher manufacturing of passenger vehicles than other vehicle segments. The market for automobile transmissions has been expanding as a result of the increasing importance of transmissions in passenger cars and the growing influence of fuel-efficient systems.

Europe Automatic Transmission for Passenger Car Market Overview

Vehicles require a transmission to transfer the power from the engine to the drive shaft and the differential to let the wheels turn. The transmission varies the speed, torque, and direction by changing the transmission ratios, enabling the car to start with high torque. An automatic gearbox, or automatic transmission system, is a gearbox that, after switching on the gear, does not require manual switching. Imperatives set upon the development of automotive transmissions are improving the driving performance, increasing reliability and service life, driving comfort and ease of use, reducing weight and installation space, raising efficiency levels, profiling the brand image, reducing costs, and, above all, decreasing fuel consumption and pollutant emissions.

In the case of passenger cars, the tendency toward individualized designs has caused robust segmentation among numerous vehicle classes. This has also led to a massive diversification among transmission designs, with individual solutions and competing conceptsmanual transmissions (MT), automated manual transmissions (AMT), dual-clutch transmissions (DCT), and conventional automatic transmissions (AT), continuously variable transmissions (CVT) and hybrid drives. The growing part of transmission in passenger cars, coupled with the increasing influence of fuel-efficient systems, has been driving the growth of the automotive transmission market. The demand for manual transmission in passenger cars is more elevated in Europe than in North America. Presently, the penetration of manual transmission is less than two percent. For instance, Toyota offers five car models with manual transmissions. Of those five, merely a few are being purchased by consumers.

The market is primarily driven due to the increasing automotive sector and the growing number of registration for passenger cars in Europe. Moreover, the technological advancement in the automotive transmission is expected to increase the demand for Europe Automotive Transmission for the Passenger Cars market. However, the high cost and increasing adoption of electric vehicles are factors restraining the market growth.

Europe Automatic Transmission for Passenger Car MarketSegmentation Analysis

The Europe Automatic Transmission for Passenger Car Market is segmented on the basis of Fuel Type, and Country.

Europe Automatic Transmission for Passenger Car Market, By Fuel Type

• Gasoline• Diesel• Others

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On the basis of Fuel Type, the Europe Automatic Transmission for Passenger Car market has been segmented into Gasoline, Diesel, and Others. Gasoline accounted for the largest market share of around 51% in 2021. The rising demand for gasoline in the passenger cars sector boosting the Europe automotive transmission for passenger cars market during the forecast period. According to Eurostat, the highest percentages of gasoline-powered vehicles among new registrations were observed in the Netherlands (75.3%), Lithuania (80.5%), Finland (78.6%), Cyprus (69.6%), Denmark (69.1%, 2019 data), Estonia (68.2%), Sweden (66.1 %), Romania (62.7 percent), Belgium and Spain (both 61.1%), Latvia (60.9%), France (60.3%), Ireland (50.4 %) and Germany (46.7 %). In the EU, there are comparatively few passenger cars with small diesel engines; instead, most passenger cars with small engines run on gasoline.

Europe Automatic Transmission for Passenger Car Market, By Country

• Germany• U.K.• France• Italy• Spain• Rest of Europe

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Germany accounted for the largest market share of 31% in 2021 and it is expected to show positive growth during the forecast period. Increasing automotive sales, especially in Germany, is anticipated to impact the regional market growth over the forecast period positively. Germany is Europe’s most significant production and sales market of automobiles.

German automobiles demonstrate innovation, dependability, safety, and design principles. Germany is Europe’s most significant production and sales market of automobiles. The country’s world-class research and development facilities, extensive industrial value chain integration, and highly qualified personnel offer an unparalleled automotive environment. It enables businesses to create cutting-edge technologies that perfectly answer the mobility needs of the future. According to the German Association of the Automotive Industry (VDA), in Europe, 5.1 million passenger cars were registered in the first half of 2020, which was 39% lesser than in 2019. The market growth is driven by several prominent regional automobile manufacturers and ancillaries. Stringent regulations across Germany have encouraged companies to adopt efficient transmission systems.

Key Players

The Europe Automotive Transmission for Passenger Cars Market is highly fragmented with the presence of a large number of players. Some of the major companies include Magna International, Continental AG, Aisin Seiki, Borg Warner, Magneti Marelli S.P.A, Allison Transmission Holdings, Inc., Hyundai Dymos.

Key Developments

• July 2021, Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry.

• May 2022, A driverless, entirely electric test vehicle created by Continental AG is intended to evaluate the braking capacity of passenger car tyres.When performing braking manoeuvres on dry and wet roads, the AVA, or analytical vehicle AIBA, allows for exact monitoring of the frictional qualities of tyres. The Automated Indoor Braking Analyzer’s regulated and reproducible test environment is combined with the benefits of a test procedure that is independent of the vehicle model to create the Continental AVA (AIBA).

• April 2021, AISIN Seiki Co., Ltd. and AISIN AW Co., Ltd. Merge To Form New “AISIN Corporation”

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