Industry Analysis & Industry Trends
The success of the Automobile Transmission Manufacturing industry is closely linked to the performance of motor vehicle manufacturers. Over the five years to 2016, domestic vehicle production in the United States has accelerated dramatically. Rising discretionary income coupled with greater financing opportunities have driven consumers to purchase new vehicles. In turn, this has shifted demand for transmissions into high gear. In the five years to 2021, industry revenue is anticipated to rise at a slower rate. Sales have now recovered to prerecessionary levels, which will preclude growth from reaching the same heights it did between 2011 and 2016. In addition, electric vehicles may become a threat to traditional transmission manufacturers.
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Industry Report - Industry Analysis Chapter
Revenue for the Automobile Transmission Manufacturing industry is expected to rise over the five years to 2016, in line with the overall automotive sector. In general, transmission manufacturers are heavily dependent on business from the Big Three US automakers: General Motors, Ford and Fiat-Chrysler. As car and truck sales from these makers have grown, transmission manufacturers have experienced an associated boost in sales. Pent-up demand for automobiles was released all at once during the postrecessionary period, revitalizing the auto industry and stimulating a rebound for the Automobile Transmission Manufacturing industry... purchase to read more