Automotive Transmission Electronics Market to accelerate at a CAGR of over 4% During 2021-2025 | 17000+ Technavio Research Report
NEW YORK, April 13, 2021 --
The automotive transmission electronics market is expected to grow by USD 7.20 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the automotive transmission electronics market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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The automotive transmission electronics market will witness a Negative impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to Increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior.
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds.
- Pre- as well as post-COVID-19 market estimates.
- Quarterly impact analysis and updates on market estimates.
Major Three Automotive Transmission Electronics Market Participants:
BorgWarner Inc.
BorgWarner Inc. operates business through various segments such as Engine and Drivetrain. The company offers various product in the respective market. For instance, the company offers integrated drive module (iDM) with cutting-edge technologies for highly efficient electrified vehicles.
Continental AG
Continental AG operates business through various segments such as Chassis and Safety, Interior components, Powertrain components, Tires, and ContiTech. The company offers off-highway transmission ECU.
DENSO Corp.
DENSO Corp. operates business through various segments such as Thermal Systems, Powertrain Systems, Electrification Systems, Mobility Electronics, Sensors & Semiconductors, and Non-Automotive Businesses (Factory Automation and Agriculture). The company offers a complete EV solution.
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Automotive Transmission Electronics Market 2021-2025: Segmentation
The automotive transmission electronics market is segmented as below:
- Application
- Passenger Cars
- Commercial Vehicles
- Geography
- APAC
- Europe
- North America
- South America
- MEA
The automotive transmission electronics market is driven by the increasing penetration of shift-by-wire technology. In addition, the growing adoption of power-split CVT systems are expected to trigger the automotive transmission electronics market toward witnessing a CAGR of over 4% during the forecast period.
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Market Drivers
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Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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