Growing Need for Business Agility is Expected to Drive the Growth of the Transmission Repair Market

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Transmission Repair Market by Component, Repair
type , Vehicle Type, and Region Global Forecast
to 2022
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Transmission Repair Market by Component (Gasket
Seal, Fluid, O-ring, Transmission Filter, Gear,
Clutch Plate, Pressure Plate, Oil Pump), Repair
type (Transmission General Repair, Overhaul),
Vehicle Type, and Region - Global Forecast to
2022 The transmission repair market is estimated
to be USD 186.33 Billion in 2016 and is projected
to grow at a CAGR of 3.25 during the forecast
period, to reach USD 233.70 Billion by 2022. The
base year for the report is 2016 and the forecast
period is 20172022. The objective of the study
is to analyze and forecast the market size, in
terms of volume (units) and value (USD billion),
of the transmission repair market. PDF Brochure
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Transmission General Repair - To show high
growth potential By repair type, transmission
general repair is expected to dominate the
transmission repair market. The market for
transmission general repair is expected to grow
at the highest CAGR in the next five years. The
growth of this segment can be attributed to the
increase in the adoption rate of
preventive/periodic maintenance services for
vehicles to keep the transmission at full
efficiency. Preventive/periodic services for
transmission increase the vehicle age and enhance
fuel efficiency. Request for Customization
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Growth of ride sharing is expected to drive the
market for transmission repair Ride sharing is a
key factor in the growth of the transmission
repair market. The growth of ride sharing market
is directly proportional to the vehicle parc and
average miles driven, which, in turn, drive the
growth of the transmission repair market. For
instance, in December 2016, Lyft and Uber
together reached 500 million miles of coverage
from 460 million miles in the US. The growth of
ride sharing contributes to the increase in
average vehicle miles traveled, which propels the
growth of the transmission repair
market. Request Sample _at_ https//www.marketsandm
arkets.com/requestsample.asp?id139093827
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North America Largest region for transmission
repair market North America is estimated to be
the largest market, by value, for transmission
repair in 2017. The market growth in North
America can be attributed to the increased sales
of passenger cars and light commercial vehicles
in the region. In addition, the growth of ride
sharing, larger vehicle parc, and increased
average vehicle miles traveled are expected to
boost the market for transmission repair in the
region. Asia Pacific is expected to be the
fastest growing market during the forecast period
due to high sales of vehicles and fast developing
infrastructure. The report covers all the major
players in the transmission repair market that
include companies such as Allison (US), ZF
(Germany), BorgWarner (US), Schaeffler (Germany),
and Continental AG (Germany) among others. Speak
to analyst _at_ https//www.marketsandmarkets.com/spe
aktoanalyst.asp?id139093827
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Market Ecosystem The transmission repair
market consists of various transmission
manufacturers such as Allison Transmission (US),
ZF (Germany), BorgWarner (US), Schaeffler
(Germany), AAMCO (US), and Continental (Germany)
among others.
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Browse gtgt 132 market data
tables 57 figures
173 pages and in-depth TOC on
Transmission Repair Market - Global Forecast to
2025 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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