5 Key Strategies to Succeed in Automated Manual Transmission Market | 2023 – 2033
5 Key Strategies to Succeed in Automated Manual Transmission Market | 2023 – 2033
According to a research report published by Spherical Insights & Consulting, The Global Automated Manual Transmission Market Size is Expected to Grow from USD 17.40 Billion in 2023 to USD 28.43 Billion by 2033, at a CAGR of 5.03% during the forecast period 2023-2033.
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Automated manual transmission is the combination of automatic and manual methods. It employs automation to replace the clutch and gear shifts while maintaining the mechanical structure of the manual transmission. So, compared to conventional manual gearboxes, the driver won’t have to step in when shifting gears. Lightweight materials improve fuel efficiency, and machine learning and AI enhance the changing rhythms of gearboxes enhancing market expansion. The rapid growth of the automobile industry shows the increasing popularity of fuel-efficient vehicles at the entry-level and mid-range levels which is considered as a driving factor for the expansion of the AMT market. Additionally, technological advancements such as added ADAS features, boost the AMT improvement in gear-shifting algorithms, advanced control systems, and electro-hydraulic actuators for smooth operation which is convenient and safety purpose for the vehicles. However, the initial high expenses and high adaption only in the premium cars as compared to standard cars and lack of comforts while driving limits the expansion of the AMT market.
Browse key industry insights spread across 230 pages with 150 Market data tables and figures & charts from the report on the Global Automated Manual Transmission Market Size, Share, and COVID-19 Impact Analysis, By Speed (4 Speed, 6 Speed, 8 Speed), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The 6-speed segment is anticipated to hold the largest share of the global automated manual transmission market during the forecast period.
On the basis of speed, the global automated manual transmission market is categorized into 4-speed, 6-speed, and 8-speed. Among these, the 6-speed segment is anticipated to hold the largest share of the global automated manual transmission market during the forecast period. A 6-speed is more affordable and simpler as compared to the other. It provides a higher gear ratio as compared to the 4-speed with the best balance performance and fuel economy. Furthermore, it improves the driving dynamics as compared to the 8-speed counterpart. Hence, this kind of versatility helps to expand market growth.
The passenger car segment is expected to grow at a rapid pace in the global automated manual transmission market during the projected period.
Based on the vehicle type, the global automated manual transmission market is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. Among these, the passenger car segment is expected to grow at a rapid pace in the global automated manual transmission market during the projected period. Consumer desire for reasonably priced, fuel-efficient automobiles, particularly in the compact and subcompact segments hence, AMTs are so much less expensive than other automatics, their use is growing. Additionally, the use of passenger cars with AMTs is growing due to urbanization and automakers’ adoption.
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Asia Pacific is anticipated to hold the largest share of the global automated manual transmission market over the forecast period.
This dominant market position is a result of a number of factors, including the presence of major automotive manufacturers supporting the use of AMT in passenger and commercial cars, government rules encouraging fuel efficiency, and rapid urbanization. Nations like China and India are considered well-established hubs in terms of infrastructure along with rapid innovation in the automobile industry.
Europe is expected to grow at a rapid pace in the global automated manual transmission market during the projected period. Europe’s stringent emission regulations, such as Euro 6, encourage consumers to purchase automated manual transmissions and fuel-efficient technology. The growing need for fuel-efficient, urban-focused, and reasonably priced products contributes to the expansion of automated manual transmission usage.
Major vendors in the global automated manual transmission market are TATA MOTORS, Allison Transmission Inc., FCA US LLC, Detroit Diesel Corporation, ZF Friedrichshafen AG, AB Volvo, Eaton, Shaanxi Fast Gear Co.Ltd., Aisin World Corp. of America, MACK TRUCKS, WABCO, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In November 2024, Tata Motors, India’s major multinational vehicle manufacturer, unveiled its first automatic manual transmission (AMT) truck, the Tata Prima 4440.S AMT, in Saudi Arabia.
- In October 2024, KTM has indeed unveiled an innovative Automated Manual Transmission (AMT) gearbox for enhanced riding experiences. This AMT system blurs the line between sport and comfort, offering riders the choice between a clutchless manual mode (M) and a fully automated throttle-and-go mode (A).
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automated manual transmission market based on the below-mentioned segments:
Global Automated Manual Transmission Market, By Speed
- 4-Speed
- 6-Speed
- 8-Speed
Global Automated Manual Transmission Market, By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Global Automated Manual Transmission Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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