Global Automotive Smart Gear Actuator Market

Global Automotive Smart Gear Actuator Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow about CAGR 7.92% from 2020 to 2027, reaching nearly US$ XX Mn.

 

Global Automotive Smart Gear Actuator Market

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Global Automotive Smart Gear Actuator Market: Overview

The Automotive Smart Gear Actuator Market is increasing with the demand of transmission system with their components which are used for enhancement of fuel economy is expected to drive smart gear actuator market. The AMT (Automated Manual Transmission) is installed with the smart gear actuators. This will enable the capability to shift gear from automatic to manual.

This electronic actuators or smart gear actuators are designed in a way that it can be used as clutch actuator for automated manual transmission system. This pump can transmit lubricant to get cooling operation in vehicle transmission. These smart gear actuators are also used in electric vehicle for starting and stopping electric vehicle.
Global Automotive Smart Gear Actuator Market: Equipment

The Global Automotive Smart Gear Actuator Market based on vehicle type is mainly segmented into IC engine, Electric and Hybrid. The IC engine has dominance over the global market. However, the governments are promoting use of clean fuel and thus, the electric vehicle and Hybrid vehicle market is increasing. The Hybrid Vehicle is getting popular nowadays and expected to keep this growth in the forecasted period. This is expected to drive Global Automotive Smart Gear Actuator Market.
Global Automotive Smart Gear Actuator Market: Drivers

The manufacturers are mandated to implement more stringent regulation for technological advance solution which boosts the Global Automotive Smart Gear Actuator Market. Automotive Smart Gear Actuator system is incorporated by the continuous variable transmission system. This system provides variable torque which is driving the growth of Automotive Smart Gear Actuator Market. The increasing passenger vehicle and commercial vehicle is the main driving force for Global Automotive Smart Gear Actuator Market.

The AMT (Automated Manual Transmission) system is getting popular and thus, the automotive smart gear actuator market is growing. This system comes with automated clutch actuator assembly. The Electronic control unit is utilized to perform the actuation related work. The automation in vehicle is also expected to be the most driving force in future market.

The climate change and the air pollution are increasing demand for new technologies to reduce vehicle emission. The government bodies are mandating to manufacturers to install less polluting equipment in vehicle. Smart gear actuators reduce fuel consumption of vehicle and this is driving the Global Automotive Smart Gear Actuator Market.

Global Automotive Smart Gear Actuator Market1
Global Automotive Smart Gear Actuator Market: Regional Overview

Global Automotive Smart Gear Actuator Market is segmented into regions Asia Pacific, North America, Europe, South America, and Middle East & Africa. Europe is the main region which is in progress of new technology in automotive industry. New market players are investing in this region. Therefore, this region is showing growth in market for Automotive Smart Gear Actuator. North American region is showing demand of advance automotive technologies and spend significant amount in research and development, this is expected to maintain this growth in the forecasted period. Asia Pacific region is the major market for the growth of passenger vehicle; about 68% of global passenger vehicle can be found in this region and this region is also showing growth in electric vehicle expected to grow at faster rate in future. The above-mentioned factors are fueling Global Automotive Smart Gear Actuator Market.
Global Automotive Smart Gear Actuator Market: Segmentation

Global Automotive Smart Gear Actuator Market is segmented By Application(Electric Drive Systems, Electronic Clutch Systems, Automated manual transmission, Automatic step transmission, Dual-clutch transmission), By Propulsion Type (IC Engine, Electric, Hybrid), By Operation (Integrated Position Sensors, Integrated Position Sensors or Speed Sensor, Integrated Position Sensors and Speed Sensor), By Vehicle Type (Passenger Vehicle, Lightweight Commercial Vehicle, Medium Weight Commercial Vehicle, Heavy Weight Commercial Vehicle, Other) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific).
The report also helps in understanding Automotive Smart Gear Actuator Market dynamics, structure by analyzing the market segments and projects the Automotive Smart Gear Actuator Market size. Clear representation of competitive analysis of key players by Supply Chain, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Smart Gear Actuator Market make the report investor’s guide.
Scope of the Automotive Smart Gear Actuator Market: Inquire before buying

Automotive Smart Gear Actuator Market, By Application

• Electric Drive Systems
• Electronic Clutch Systems
• Automated manual transmission
• Automatic step transmission
• Dual-clutch transmission
Automotive Smart Gear Actuator Market, By Propulsion Type

• IC Engine
• Electric
• Hybrid
Automotive Smart Gear Actuator Market, By Operation

• Integrated Position Sensors
• Integrated Position Sensors or Speed Sensor
• Integrated Position Sensors and Speed Sensor
Automotive Smart Gear Actuator Market, By Vehicle Type

• Passenger Vehicle
• Light Weight Commercial Vehicle
• Medium Weight Commercial Vehicle
• Heavy Weight Commercial Vehicle
• Other
Automotive Smart Gear Actuator Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Automotive Smart Gear Actuator Market

• Continental AG
• Robert Bosch GmbH
• Compañía Levantina de Reductores S.L.
• ATESTEO GmbH & Co. KG
• ZF Friedrichshafen AG
• WABCO
• Magna International Inc.
• Bühler Motor GmbH
• ARADEX AG
• Brose Fahrzeugteile GmbH & Co. KG.
• Melrose Industries PLC
• Delphi Automotive
• Infineon Technologies
• Magneti Marelli
• TREMEC
• Eaton
• Linamar Corporation,
• NSK Ltd
• Bharat Gears Ltd
• Neapco Inc
• Mitsubishi Group
• Dana Holding Corporation
• ZF TRW
• GKN plc

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