Transmission Repair Market 2017 – Global Forecast to 2022: $233.7 Billion Market is Dominated by Allison, ZF, BorgWarner, Schaeffler, and Continental – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Transmission
Repair Market by Component (Gasket & Seal, Fluid, O-ring, Transmission
Filter, Gear, Clutch Plate, Pressure Plate, Oil Pump), Repair type
(Transmission General Repair, Overhaul), Vehicle Type, and Region –
Global Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.
The Transmission Repair Market is Projected to Reach a Market Size of
USD 233.70 Billion By 2022 from USD 199.16 Billion in 2017, Growing at a
CAGR of 3.25% from 2017 to 2022.
Increasing vehicle parc, the growth of ride sharing, and an increase in
average vehicle miles traveled are the key factors driving the growth of
the transmission repair market. On the other hand, the increasing sales
of electric vehicles can hinder the growth of the transmission repair
market.
The fluids segment is estimated to be the fastest growing segment of the
transmission general repair market, in terms of value. The adoption of
preventive/periodic maintenance services for transmission is expected to
drive the fluids market during the forecast period. The increase in oil
consumption in advanced transmission and focus on better quality oil are
driving the growth of this segment. The average fluid consumption is 5
to 7 quarts. The OE companies are focusing on high-quality oil for
increasing transmission efficiency and also to reduce the frequent
change of oil in transmission.
The transmission repair market for passenger cars is estimated to be the
largest and fastest growing market during the forecast period. Larger
vehicle parc of passenger cars globally is leading to the growing demand
for transmission repair services for passenger cars. In addition, the
growth of the transmission repair market for passenger cars can be
attributed to the growth of ride sharing services in developed as well
as developing markets.
North America is estimated to hold the largest share of the transmission
repair market in 2017. The market growth in North America can be
attributed to the larger vehicle parc and increased sales of light
commercial vehicles in the region.
The transmission repair market is dominated by many international as
well as domestic players such as Allison (US), ZF (Germany), BorgWarner
(US), Schaeffler (Germany), and Continental (Germany) among others.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technology Overview
7 Transmission Repair Market, By Component
8 Transmission Repair Market, By Vehicle Type
9 Transmission Repair Market, By Repair Type
10 Transmission Repair Market, By Region
11 Competitive Landscape
12 Company Profiles
- Aamco Transmissions
- Allison Transmission
- Borgwarner
- Continental
- Cottman Transmission And Total Auto Care
- Firestone Complete Auto Care
- Lee Myles Autocare & Transmission
- Mister Transmission
- Schaeffler
- ZF
For more information about this report visit https://www.researchandmarkets.com/research/zzwjsm/transmission?w=4
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Related
Topics: Automotive
Repair, Automotive
Drivetrain and Transmission Components