DUBLIN--(BUSINESS WIRE)--The "Transmission Repair - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

The Global Transmission Repair Market accounted for $195.65 billion in 2017 and is expected to reach $285.65 billion by 2026 growing at a CAGR of 4.2% during the forecast period.

Rising vehicle parc, rising disposable income of the consumers and increased average vehicle age are some of the key factors driving the market growth.

However, developing sales of electric vehicles and lack of trained technicians in transmission repair aftermarket are hindering the growth of the market. Franchise for transmission repair provides ample opportunities for the market.

Segments Covered

Repair Types

  • Transmission Overhaul (TOM)
  • Transmission General Repair (TGRM)

Vehicle Types

  • Light Commercial Vehicle (LCV)
  • Passenger Car (PC)
  • Heavy Commercial Vehicle (HCV)

Components

  • Flywheel
  • Clutch Plate
  • Oil Pump
  • Axle
  • Gear
  • Pressure Plate
  • Fluid (Quart)
  • O-Ring
  • Gasket & Seal
  • Transmission Filter

Segment Takeaways

By Repair Type, Transmission general repair dominates owing to the rising adoption of defensive/cyclic safeguarding services for transmission within vehicles. Defensive/cyclic safeguarding not only increase the standard vehicle age but also upgrade fuel efficiency.

By Geography, North America accounted for the largest market share during the forecast period due to greater vehicle parc and developing sales of light commercial vehicles in this region.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Transmission Repair Market, By Repair Type

6 Global Transmission Repair Market, By Vehicle Type

7 Global Transmission Repair Market, By Component

8 Global Transmission Repair Market, By Geography

9 Key Developments

10 Company Profiling

  • Allison Transmission
  • ZF Friedrichshafen AG
  • Mister Transmission Ltd.
  • Lee Myles Autocare & Transmission
  • Firestone Complete Auto Care
  • Schaeffler Technologies AG & Co. KG
  • Continental AG
  • AAMCO Transmissions
  • Cottman Transmission and Total Auto Care
  • BorgWarner Inc.

For more information about this report visit https://www.researchandmarkets.com/research/vprhj9/global?w=4

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Related Topics: Automotive Repair, Automotive Drivetrain and Transmission Components