Automatic shifter market is set to witness a stable cagr in the forecast period of 2020-2027

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Automatic Shifter Market is set to witness a
stable CAGR in the forecast period of 2020-2027
Automatic Shifter Market By Type (Automatic
System, Manual System), Fuel Type (Petrol,
Diesel, Gasoline), Component (Can Module,
Electronic Control Unit (ECU), Solenoid Actuator,
Others), Application (Passenger Vehicle (PV),
Light Commercial Vehicle (LCV), Heavy Commercial
Vehicle (HCV)), Country (U.S., Canada, Mexico,
Brazil, Argentina, Rest of South America,
Germany, France, U.K., Netherlands, Switzerland,
Belgium, Russia, Italy, Spain, Turkey, Rest of
Europe, China, Japan, India, South Korea,
Singapore, Malaysia, Australia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific,
Saudi Arabia, U.A.E, South Africa, Egypt, Israel,
Rest of Middle East and Africa), Industry Trends
and  Forecast to 2027
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Report Description
Automatic shifter market is expected to gain
market growth in the forecast period of 2020 to
2027. Data bridge market research analyses the
market growing at a CAGR of 8.3 in the
above-mentioned forecast period. Technology
advancement plays a key role in the transition of
components in automotive industry. One of the
biggest change that stimulate demand for advanced
systems is the growing use of electronic gear
shifting systems in place of manual gear shifting
systems. A strict government vehicle requirement
for the new vehicle is expected to increase
demand over the forecast period in many areas.
Manufacturers use gas and car emission-efficient
materials to conform to public policy
requirements. The growth of the global automatic
shifter market will be driving factors in the
forecast period of 2020 to 2027 like Research and
development of improved automatic shift systems
may play an important role in improving world
market revenues. The drivers of the vehicle shift
unit business include the growth of the
automotive industry, accelerated technological
improvement and increasing demand for
fuel-efficient components.
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Major Key Players

• Some of the major players operating in this
  market are
• ZF Friedrichshafen AG,
• KA Group AG,
• Stoneridge,
• Fujikiko Co.,Ltd,
• DURA AUTOMOTIVE SYSTEMS,
• Ficosa Internacional SA,
• Leopold Kostal GmbH Co. KG,
• Küster,
• GHSP

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automatic-shifter-market
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Market Segmentation

• By Type (Automatic System, Manual System)
• By Component (Can Module, Electronic Control Unit
  (ECU), Solenoid Actuator, Others)
• By Application (Passenger Vehicle (PV), Light
  Commercial Vehicle (LCV), Heavy Commercial
  Vehicle (HCV))

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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