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

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

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.

Think of your car's transmission as a clever intermediary in the power train. It's got neutral and reverse, plus a bunch of gear ratios to link the engine to the wheels. See, engines don't produce much oomph at low speeds, and they're happiest at one particular speed. The transmission steps in to magically convert the engine's speed and torque to what the wheels actually need, pointing in the right direction for getting you moving. Basically, it lets a smaller engine get you from zero to highway speeds with decent power and good gas mileage. Sometimes, the drive axle and transmission team up as a transaxle, like in most front-wheel-drive cars. Other times, they're separate, which you'll often find in cars where the engine's in the front but power goes to the back wheels.

Think of your car's transmission as the middleman – it takes the engine's power and sends it to the wheels, turning that power into motion! It’s basically a bridge, using gears, shafts, and other electrical devices to connect the engine’s strength to where it needs to be. This whole setup helps your car keep a steady speed without issues. Now, because we’re all about cleaner air and better mileage, transmissions are going electric! Automakers are always using computer programs to dream up new and improved ways to make them work even better. Ultimately, your car’s transmission is super important – it's what actually gets the engine's oomph to the wheels, making your ride happen!

You've got tons of auto transmissions out there these days. Some are basically automated, while if you're driving a stick shift, the manual transmission needs you to do a lot more! A typical automatic has a planetary gear setup that gives you overdrive in 4th gear or higher, plus a hydrodynamic torque converter with a locking clutch, and either a hydraulic or electrohydraulic control system. But let's face it, the auto industry is really pushing electric and hybrid vehicles these days. And with governments slapping down tough emission rules, those vehicles are getting more popular. Especially in Europe, where they're cranking out way more passenger cars than anything else. So, with transmissions being so important in passenger cars and everyone wanting better fuel economy, the market for these things is just getting bigger and bigger.

Europe Automatic Transmission for Passenger Car Market Overview

So, your car needs a transmission to get the engine's power to the wheels, right? It does this by sending power through the drive shaft and the differential. The transmission is pretty clever – it changes the speed, torque (that's twisting power!), and even the direction the wheels turn by switching between different transmission ratios. That's how you get enough oomph to start moving from a standstill. Now, an automatic gearbox, or automatic transmission system as some call it, is super convenient. Once you put it in gear, you don't have to keep manually shifting. When they're designing new transmissions, engineers have a lot to think about! They want to improve how well the car drives, make it last longer and be more reliable, make the ride comfortable and easy, and shrink down its size and weight. Plus, they're trying to boost efficiency, make it match the brand's image, cut down on costs, and, most importantly, reduce fuel consumption and pollution.

When it comes to cars, everyone wants something unique, and that's created a ton of different types of vehicles. This also means we have a wild variety of transmission designs out there – everyone's trying their own thing! You've got your good old manual transmissions (MT), plus automated manual transmissions (AMT), dual-clutch transmissions (DCT), and those reliable conventional automatic transmissions (AT), not to mention continuously variable transmissions (CVT) and even hybrid drives. Transmissions are becoming a bigger deal in cars, and with everyone focused on saving fuel, the market for them is really taking off. Interestingly, you'll find more folks sticking with manual transmissions in Europe compared to North America. Right now, manual transmissions are in less than 2% of new cars here. Take Toyota, for example; they offer five models with a manual option, but honestly, not many people are actually buying them.

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

To Get Summarized Market Report By Fuel Type-

So, when it comes to what powers automatic transmission passenger cars in Europe, we're looking at gasoline, diesel, and "others." And guess what? Gasoline is the big winner, taking up about 51% of the market back in 2021. Seems like everyone wants gasoline-powered cars, and that's really helping the automatic transmission market grow! Eurostat says the Netherlands (75.3%), Lithuania (80.5%), Finland (78.6%), Cyprus (69.6%), Denmark (69.1% - 2019 numbers), 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 %) have the highest number of new gasoline cars registered. And it turns out, across the EU, people tend to choose gasoline over diesel for those smaller engines.

Europe Automatic Transmission for Passenger Car Market, By Country

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

To Get Summarized Market Report By Country-

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 cars? They're all about innovation, dependability, safety, and, of course, fantastic design. Germany isn't just making cars; it's the biggest car production and sales hub in all of Europe. What makes it so special? Think top-notch research facilities, a deeply connected industry, and some seriously talented people—it's the perfect recipe for automotive brilliance. This environment lets companies cook up amazing, cutting-edge tech that anticipates what we'll need to get around in the future. But here's a curveballAccording to the German Association of the Automotive Industry (VDA), European car registrations took a hit in the first half of 2020, down 39% from 2019, with only 5.1 million passenger cars registered. Still, major German automakers and suppliers are driving the market forward. Plus, tough regulations in Germany are pushing companies to develop smarter, more 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”

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2022-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Magna International, Continental AG, Aisin Seiki, Borg Warner, Magneti Marelli S.P.A, Allison Transmission Holdings, Inc., Hyundai Dymos.

SEGMENTS COVERED

Fuel Type, and Country.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

To Get Customized Report Scope- 

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We dig deep into the market using both qualitative and quantitative analysis, breaking it down by segments based on financial stuff, but also things that aren't strictly about money. We'll give you the market value (in USD Billion) for every little piece of those segments. You'll see which region and segment we think is going to be the fastest growing and which will be the biggest. We'll look at each geographic area, examining how much of the product/service they're using and what's driving or holding back the market there. We'll also give you the competitive landscape, including who's on top, what new stuff they're launching, who's partnering with who, and any big expansions or acquisitions from the last five years. Expect juicy company profiles with overviews, insights, product comparisons, and SWOT analyses for all the big players. We'll lay out what we see happening now and what we expect for the future, considering recent events, growth possibilities, what's pushing things forward, and the obstacles holding back both new and mature markets. We also include an in-depth market analysis using Porter's Five Forces, and we’ll walk you through the Value Chain. Plus, we'll paint a picture of the market's dynamics, highlighting future growth opportunities. And, just so you know, we offer 6 months of analyst support after the sale.

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.