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Automobile Transmission Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Automobile Transmission Manufacturing Market Research Report | NAICS 33635 | Apr 2016

Lower gear: Slowed vehicle sales will preclude growth from reaching the same heights as the past period

IBISWorld’s Automobile Transmission Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 11-16
3.5%
Annual Growth 16-21
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Profit
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Employment
65,198
Businesses
436
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 SWOT Analysis Chapter

Since 2011, the market for powertrain parts and transmissions has grown, as automakers have recovered from recessionary lows. Industry value added (IVA), a measure of the industry's contribution to the economy, is forecast to rise at an average annual rate of 3.4% over the 10 years to 2021, compared with GDP growth of 2.2% over the same period. Although the industry is expected to grow at a faster rate than the overall economy over the 10-year period, this is not indicative of a growing industry. The high growth can be attributed to the industry starting at a relatively low base, due to depressed postrecessionary automobile sales in prior to 2011... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Automobile Transmission Manufacturing Industry?

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.

Industry Products
Torque converters, clutches and transmission gearsAutomatic transmissionsManual transmissionsAutomated manual transmissionsAxles and transaxlesDifferentials and other drive train componentsHeavy truck and bus transmissionsRebuilt transmissions and drive train components
 
Industry Activities
Axle bearingConstant velocity joints, automotive, truck and busDifferential and rear axle assembliesTorque convertersUniversal jointsMotor vehicle transmissionGearDrive shaftClutch


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