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Automotive Transmission Market

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2 years ago

Global Automotive Transmission Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 to 2028

Value Market Research deeply researched the Global Automotive Transmission Market to foresee a significant growth in the industry over the upcoming years. The global automotive transmission market report provides a complete industry analysis, market size, market share, growth trends, and forecasts for 2023 to 2028. The report starts with a detailed market introduction and an executive summary t...

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Automotive Transmission Market

The global market for Automotive Transmission faced slow growth in the last forecast period. The market is predicted to overcome this in the following forecast period, with a higher CAGR. The main reason for this fluctuation in growth is the change in demand and supply of automotive transmissions pre and post-pandemic.

 

We can expect to see a decline in the demand for manual transmission systems in response to stringent fuel economies and growing environmental concerns globally. As a result, the demand for automatic transmission systems is expected to increase. A major driving factor for Automotive Transmissions is the growing automotive industry in developing countries like India and China.

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