Latest News- Automotive Transmission Electronics Market: Passenger car is expected to lead the Vehicle Type segment during 2025-2029

The Automotive Transmission Electronics Market is being driven by Increasing penetration of shift-by-wire technology

The Automotive Transmission Electronics Market is expected to grow at a CAGR of 6.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7245.9 million. The global automotive transmission electronics market is witnessing a notable shift towards Continuous Variable Transmissions (CVTs), offering a departure from conventional automatic and manual transmission systems. CVTs provide a seamless and infinite range of gear ratios, contrasting the fixed gears in traditional transmissions. This innovation leads to a more efficient and smooth driving experience, as the transmission can continuously adjust the gear ratio according to driving conditions and power demands. Power-split Hybrid Variable Transmission Systems (HVTS), widely used in full hybrid vehicles, represent a significant segment of the market. Instead of a belt-and-pulley arrangement, HVTS employs a planetary gear set with a diesel engine and an electric motor, delivering inputs to the transmission. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Vehicle Type
  • Passenger car
  • Commercial vehicle
• Component
  • Sensors
  • Operating units
  • Electronic control units
• Type
  • Automatic transmission
  • Continuously variable transmission
  • Dual-clutch transmission
  • Manual transmission
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing penetration of shift-by-wire technology
• Use of advanced electronics in Tiptronic transmission system
• Rising demand for automatic transmission systems

However, the market also witnesses some limitations, which are as follows:

• High cost and complexity of electric vehicle transmission
• Complexity associated with TCUs in vehicles
• Stringent requirements in development of ECU software for dry system DCTs

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Market Scope in Automotive Transmission Electronics Market Research Report

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Research Analysis Overview

The Automotive Transmission Electronics Market encompasses advanced technologies such as shift point determination, gearbox control software, transmission calibration, and solenoid valves (linear and proportional) for hydraulic pressure modulation. These innovations aim for friction material wear reduction, transmission efficiency enhancement, and shift comfort optimization. Torque ripple reduction, drivability improvements, fuel economy, and emission reduction strategies are also prioritized. Drive cycle testing, real-time monitoring, dynamic shift mapping, predictive shift control, and optimal gear selection are integral parts of this market. Additionally, driver input interpretation, transmission oil cooling, friction management, transmission lubrication, active safety systems, automated manual transmissions, and dual-clutch transmissions (DCT) are significant components.

Market Research Overview

The global automotive components and equipment market encompasses businesses producing parts and accessories for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, the market size is determined by the consolidated revenue of automotive components and equipment manufacturers. Factors driving growth in this sector include the escalating demand for electronic control units (ECUs) and other electronic components, such as torque converter control, transmission shift scheduling, clutch pressure control, and shift solenoid control, due to the increasing sales of electric vehicles, motorcycles, and passenger cars over the past decade.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/