Market Share of Automotive Automatic Transmission Industry
The automotive automatic transmission market is fairly fragmented, with players, like ZF Friedrichshafen AG, Schaeffler AG, Hyundai Transys Inc., Magna International Inc., JATCO Ltd, and others. Transmission system manufacturers are motivated to provide cost-effective solutions without compromising the vehicle's performance. Dealers are focusing on globalization and innovating products to obey the emission norms. For this reason, dealers are working with native partners, and OEMs are focusing on developing new technologies to save manufacturing costs while offering effective technologies in the market.
For instance, in May 2022, Magna commences production of a new 7-speed, mild hybrid dual-clutch transverse transmission for BMW Group. Magna is the only mild hybrid transmission supplier for the BMW Group platform for all front-transverse applications. This mild hybrid gearbox tech cuts CO2 emissions from an internal combustion engine by a significant amount.
Automotive Automatic Transmission Market Leaders
ZF Friedrichshafen AG
Hyundai Transys Inc.
Magna International Inc.
*Disclaimer: Major Players sorted in no particular order