Over the five years to 2014, the Automobile Transmission Manufacturing industry was strongly impacted by the performance of motor vehicle manufacturers. High gasoline prices, dwindling discretionary income and a lack of financing opportunities drove consumers away from new-vehicle purchases during the recession. When car sales started to decline, the Big Three and other domestic operators halted production lines, severely reducing demand for automobile transmissions. However, the US economy improved over 2010, and the automotive sector was revitalized as consumers unleashed pent-up demand for new car purchases. Over the five years to 2019, the industry's performance will mirror that of the economy and the automotive sector at large, trending upward gradually. In addition, as automakers shift their vehicle production lines toward more compact, fuel-efficient and consumer-friendly vehicles, they will look to transmission manufacturers for innovative drivetrain products.
Companies in this industry manufacture transmissions for motor vehicles (cars and light, medium and heavy-duty trucks), parts for transmissions and powertrain parts. Industry products include clutches, gears, differentials and axle bearings.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.