FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 612
Companies: 43 – Players covered include ATSUMITEC Co., Ltd.; Delta Kogyo Co., Ltd.; DURA Automotive Systems; Eissmann Automotive Deutschland GmbH; Ficosa International SA; Fujikiko Co., Ltd.; Ghsp, Inc.; Kongsberg Automotive ASA; Kuster Holding GmbH; Leopold Kostal GmbH & Co. KG; M&T Allied Technologies Co., Ltd.; Orscheln Products LLC; Silatech S.r.l; Stoneridge, Inc.; ZF Friedrichshafen AG and Others.
Coverage: All major geographies and key segments
Segments: Component (CAN Module, Electronic Control Unit (ECU), Solenoid Actuator, Other Components); Technology (Automatic Shifter, Shift-by-Wire); Vehicle Type (Light Duty Vehicles, Commercial Vehicles)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Automotive Advanced Gear Shifter Systems Market to Reach $12.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Automotive Advanced Gear Shifter Systems estimated at US$11 Billion in the year 2020, is projected to reach a revised size of US$12.7 Billion by 2026, growing at a CAGR of 2.3% over the analysis period. Automatic Shifter, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$4.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Shift-by-Wire segment is readjusted to a revised 1.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026
The Automotive Advanced Gear Shifter Systems market in the U.S. is estimated at US$3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 4.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1% CAGR. More
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