Advanced Gear Shifter System Market - Global Forecast to 2025

Advanced Gear Shifter System Market for Automotive by Technology (Automatic Shifter, Shift-by-Wire), Component (CAN Module, ECU, Solenoid Actuator), Vehicle Type (Light Duty Vehicles, Commercial Vehicles), EV Type, and Region - Global Forecast to 2025 The global advanced gear shifter system market for automotive was valued at USD billion in 2017 and is projected to grow at a CAGR of 3.64% during the forecast period, to reach USD billion by In this study, 2017 has been considered the base year, and 2018–2025 the forecast period, for estimating the size of the market for automotive. PDF

South America to be the fastest growing market and Asia Pacific to hold the largest market for advanced gear shifter system for automotive in 2025 South America is projected to be the fastest growing market for advanced gear shifter system for automotive from 2018 to The market growth in this region can be attributed to the increasing vehicle production and expansion of leading OEMs and automotive component suppliers. Asia Pacific is projected to be the largest market for advanced gear shifter system for automotive from 2018 to The market growth in the region can be attributed to factors such as increasing sales of mid-size and luxury vehicles and government initiatives regarding the use of environment-friendly electric vehicles.

Shift-by-wire technology is estimated to hold the largest market share during the forecast period The shift-by-wire technology is estimated to hold the largest share of the advanced gear shifter system market for automotive during the forecast period. Extensive use of shift-by-wire technology in luxury and mid-size vehicles is driving the market for shift-by-wire technology. Another factor that is driving the market for shift-by-wire technology is the significant rise in the sales of modern energy-efficient vehicles, particularly in developing countries like China, India, and Brazil.

Solenoid actuator is estimated to hold the largest share of advanced gear shifter system for automotive market by component from 2018 to 2025 The advanced gear shifter system market for automotive for solenoid actuator is estimated to be the largest since it is used in most of the vehicle shifting mechanisms. Increasing production of vehicles equipped with automatic and semi- automatic transmission is expected to drive the growth of this segment. The advanced gear shifter system market for automotive is dominated by a few globally established players such as ZF (Germany), Kongsberg (Norway), Dura Automotive (US), Ficosa (Spain), and Stoneridge (US).

Market Ecosystem: The ecosystem of the advanced gear shifter system market for automotive consists of manufacturers such as ZF (Germany), Kongsberg (Norway), Dura Automotive (US), Ficosa (Spain), and Stoneridge (US), and research institutes such as Colorado Off-highway Vehicle Coalition (COHVCO), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Browse >> 89 market data tables 35 figures 121 pages and in-depth TOC on “Advanced Gear Shifter System Market – Global Forecast to 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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