Automotive Transmission Market to Exceed USD 210 Billion by 2031 Despite Electrification Shift

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[Friedrichshafen, Germany, April 22nd, 2025]—According to Clearview Market Insights, the global automotive transmission market is projected to grow from USD 142.6 billion in 2023 to USD 210.4 billion by 2031. While the adoption of EVs is transforming the industry, the 5.0% CAGR indicates ongoing demand for advanced transmissions across all powertrain types.

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Key Market Trends

  1. Technology Diversification
    • Performance EVs adopting multi-speed gearboxes
    • Luxury ICE vehicles requiring 10-speed transmissions
    • Commercial vehicles implementing predictive shifting
  2. Regional Demand Variations
    • China leading in DCT production
    • North America specializing in truck transmissions
    • Europe focusing on premium segment solutions
  3. Manufacturing Innovations
    • Modular designs serving multiple powertrains
    • Additive manufacturing for complex components
    • AI-assisted quality control

Executive Perspective
"The transmission market isn't disappearing - it's evolving," said Wolf-Henning Scheider, ZF CEO. "Our new 4-speed EV transmission delivers both efficiency and exhilarating performance that single-speed systems can't match."

Market Outlook

  • 2025: 30% of new transmissions will be EV-compatible
  • 2027: Predictive shifting becomes mainstream
  • 2030: Integrated e-axles dominate EV segment

 

For more insights, visit https://clearviewmarketinsights.com/report-store  

 

About ClearView Market Insights
We provide specialized analysis of drivetrain technologies and electrification impacts.

 

 

Media contact:

Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: 
sales@clearviewmarketinsights.com
Phone: +1 917-993-7369

 

 

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