Latest News: AMT In Commercial Vehicles Market Size to grow by USD 1243.7 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on AMT In Commercial Vehicles Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. Additive manufacturing (AM), also known as 3D printing, is a revolutionary technology that constructs three-dimensional objects by adding successive layers of material. Unlike traditional manufacturing methods, which involve removing material from a stock, AM builds objects directly from digital model data, such as Computer-Aided Design (CAD) files or Additive Manufacturing Files (AMF). This process enables the creation of complex geometries and shapes that are difficult to achieve through conventional manufacturing techniques. By utilizing AM technology, commercial vehicle manufacturers can significantly reduce production time, lower material waste, and enhance product customization.

Key Highlights

Growth Projections

The global amt in commercial vehicles market  size is estimated to grow by USD 1243.7 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  5.1% during the forecast period. Increase in new launches of AMT in commercial vehicles is driving market growth, with a trend towards emergence of 3d printing in truck components  However, high initial and maintenance costs of amts  poses a challenge.Key market players include AB Volvo, BorgWarner Inc., Chery Automobile Co. Ltd., Dana Inc., Eaton Corp plc, Hyundai Heavy Industries Group, Mercedes Benz Group AG, Robert Bosch GmbH, Scania AB, Schaeffler AG, Shaanxi Fast Auto Drive Group Co., Ltd, Volkswagen AG, and ZF Friedrichshafen AG.

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Major Findings

• The commercial vehicle market has witnessed a significant surge in new launches featuring Automated Manual Transmission (AMT) technology. This trend is driven by the growing demand for fuel efficiency, ease of use, and improved driving experience in commercial applications. Manufacturers are increasingly investing in AMT technology to cater to this demand, offering a more advanced and cost-effective alternative to traditional manual and automatic transmissions.


• The market for Automated Manual Transmissions (AMT) in commercial vehicles, particularly medium- and heavy-duty trucks, is experiencing significant growth. This trend is driven by several factors, including increased fuel efficiency, reduced emissions, and improved driver comfort. Manufacturers are increasingly offering AMT as a standard feature in their commercial vehicle offerings, making it an attractive option for fleet operators and transport companies. The adoption of AMT is set to continue, as it offers a cost-effective alternative to fully automatic transmissions while delivering the benefits of automated shifting.


• The Automated Manual Transmission (AMT) market in commercial vehicles comes with a higher initial investment and ongoing maintenance costs compared to traditional manual and automatic transmissions. This is due to the complex technology involved in AMTs, which includes advanced sensors, actuators, and electronic control units. These components require regular servicing and calibration to ensure optimal performance and longevity. As a result, fleet operators and commercial vehicle owners must consider the long-term cost-benefit analysis before opting for AMTs in their vehicles.


• The commercial vehicles market for Automated Manual Transmissions (AMT) faces increasing competition from alternative technologies, such as automated manual and fully automatic transmissions. Manufacturers are investing heavily in research and development to improve the efficiency and performance of AMTs, while also focusing on cost competitiveness. However, the growing popularity of electric and hybrid vehicles, as well as advanced automated transmissions, poses a significant challenge to the market growth of AMTs in commercial vehicles.

Market Research Overview

The global automotive components and equipment market encompasses businesses producing parts and accessories for various vehicle types, including commercial vehicles (CVs), electric vehicles (EVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, market size is determined by the consolidated revenue generated by manufacturers of automotive components and equipment. Key growth drivers in the global automotive parts and equipment market include the escalating demand for electronic control units (ECUs) and other electronic components due to the increasing sales of EVs, motorcycles, and passenger cars in the past decade.

The AMT In Commercial Vehicles Market is experiencing significant growth, fueled by the Increase in new launches of AMT in commercial vehicles. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

In the commercial vehicles market, Advanced Driver Assistance Systems (ADAS) technology, represented by AMT, is a significant trend. AMT enhances safety and efficiency in commercial vehicles by automating manual tasks, reducing human error, and improving fuel consumption. This technology is increasingly being adopted by fleet operators to ensure regulatory compliance and optimize operational costs. AMT's integration into commercial vehicles is a strategic investment for businesses seeking to enhance their logistics and transportation capabilities.

Research Analysis Overview

The Automated Manual Transmission (AMT) market in commercial vehicles is poised for significant growth in the coming years, driven by infrastructure investments and the integration of advanced technologies. According to projected data, the market is expected to reach new heights, fueled by historical data that shows a steady increase in demand for commercial vehicles equipped with AMTs. Geopolitical tensions and regulatory landscape, including emission regulations, are key factors influencing the market. Commercial vehicle manufacturers are responding to these challenges by introducing eco-friendly options, such as hybrid and electric AMTs. Consumer behavior is also shaping the market, with a growing preference for connectivity features, smart technologies, and fleet management systems. Driver-assistance and safety systems, including sensor technologies and electronic control units, are becoming increasingly important as well. Social factors, such as driver fatigue and fuel efficiency, are also driving demand for AMTs. E-commerce and logistics industries are major consumers of commercial vehicles, and the integration of AMTs is helping to improve efficiency and reduce costs. In summary, the AMT market in commercial vehicles is being driven by a combination of factors, including infrastructure investments, technological advancements, regulatory requirements, and consumer preferences. The market is expected to continue growing, with a focus on eco-friendliness, safety, and connectivity.

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