Since the recent times, the developmental phase in automatic transmission market has been steady. However, manufacturers are planning to increase their focus towards catering to the burgeoning demand for enhanced driving experience with high-end vehicle styling, comfort, safety, engines and lower emissions. The rotation converter automatic transmission beneficial for commercial vehicles guarantees shift performances on par with the premium passenger car.
Significant Developments by leading players to stimulate revenue sales in APAC automatic transmission market
Launch of Tata Harrier to Supremely Benefit Automatic Transmission Market
Tata Harrier is expected to consist of automatic transmission with 6-speed, which is also the most awaited car launch in India. The engine of this vehicle would be matted to automatic transmission with 6-speed that would be sourced from the Hyundai brand. Moreover, it is also estimated that the automatic transmission with 6-speed of Tata Harrier will lead to increasing pricing of the product, which in turn would positively impact revenue sales in automatic transmission market.
Honda to Launch Tenth-Gen Model in 2019 in India
Honda is planning to reboot the nameplate of Civic in India while launching its 10th-gen model by March 2019. The company has launched diesel-powered Civic sedan in UK for the very first time that bears 9-speed automatic transmission. The Civic sedan has been experiencing the first ever feature of automatic transmission along with a diesel engine across Europe. Also, it is the first car ever to have front-wheel-drive vehicle that features 9-speed automatic unit. In short, even in the forthcoming years, Honda is expected to contribute significantly towards the revenue growth of automatic transmission market.
Pinnacle of Lamborghini to Drive Automatic Transmission Market in the Forthcoming Years
Aventador SVJ has been running on 770 horsepower, 6.5-liter V-12 and 531 pound- torque feet, which is delivered to all the four wheels by means of 7 speed automatic transmission. This new automatic transmission integrated car is highly innovative and supports in the expansion of the brand’s super sports cars product portfolio. In addition, Aventador SVJ is considered as the most exceptional vehicle with aerodynamic superiority, super-athletic as well as super-fast features. All this in turn benefits the growth of automatic transmission market.
Our automotive market has been undergoing a paradigm shift with new drivers and trends in automatic transmission market. Many OEMs will be offering new electric passenger vehicles in the forthcoming years, which in turn would benefit in minimizing technology costs for the electrification purposes. Multi-speed automatic transmission have been introduced in the market for expanding and catering to the increased performance and efficiency standards, especially as connected and autonomous vehicle are proliferating at a significant pace. For successful reduction of the vehicle emissions as well as the health issues resulting from emissions drives adoption of automatic transmission, especially in buses and heavy-duty trucks.
As the automotive industry has been advancing towards electrification of vehicles, automotive manufacturers in automatic transmission market together with engineers and designers have been working towards constantly delivering enhanced efficiency and safety in their vehicles. Mid-range cars are also expected to offer potential investment opportunities for the automatic transmission market manufacturers due to increasing demand in countries such as Europe. With significantly growing concerns based on vehicular emissions and safety, the government bodies have taken immense efforts in chalking down a set of guidelines for ensuring the same. Key companies are planning to make heavy investments for catering to the increasing regulatory norms that are set by the authorities including US Department of Transportation, SAE (Society of Automotive Engineering) and NHTSA (National Highway Transportation Safety Administration).
An ongoing comprehensive analysis of global automatic transmission market offers a detailed evaluation of the present as well as beneficial scenario of automatic transmission market. The in-depth study on the automatic transmission market showcases exclusive insights, which are in line with the on-going market developments stimulating the wide-ranging adoption of the automatic transmission.
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