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Global Automotive Gear Shifter Market by Manufacturers, Regions, Type and Application, Forecast to 2025 By Innovation Market Research

 Pulichser: XYZResearch

December 2019

 Pages: 115

 IMR 6241

In this report,the Global Automotive Gear Shifter Market, in terms of revenue, is valued at US$ 2.8 Billion in 2016 and is forecast to grow at a CAGR of 3.06% during the period from 2016 to 2022. The major factors influencing the growth of global automotive gear shifter market are the steady development of automotive across the world.

Automotive gear shifter is a metal lever attached to the shift assembly in a manual transmission-equipped automobile and is used to change gears. In an automatic transmission-equipped vehicle, a similar device is known as a gear selector. A gear stick will normally be used to change gear whilst depressing the clutch pedal with the left foot to disengage the engine from the drivetrain and wheels.

Automotive gear shifter can be divided into two categories--mechanical gear shifter and electronic gear shifter. Mechanical gear shifter’s production market share accounted for the highest proportion, with a figure of 91.62% in 2017, electronic gear shifter account for 8.38%.

The consumption market share of global Automotive gear shifter in passenger vehicle and commercial vehicle have been stable year by year, at 81.01% and 18.99% respectively in 2017, and for several consecutive years, the amplitude was within 2 percent. This indicates that the segment of the Automotive gear shifter in the global market tends to be fixed without great changes. Among them, the Automotive gear shifter market has the most promising sales prospects in passenger vehicle application.

Innovation Market Research, Inc center data shows that Europe is the biggest contributor to the Automotive gear shifter revenue market, accounted for 27.74% of the total global market with a revenue of 809.3 million USD in 2017, followed by China, 26.61% with a revenue of 776.24 million USD.

The global automotive gear shifter market comprises numerous players offering broad range of products. Lots of manufactures of automotive gear shifter offer a wide range of automotive gear shifter solutions to fit specific original equipment manufacturers (OEMs) and aftermarket requirements. The key players in the automotive gear shifter market include Kongsberg, ZF, GHSP, SL Corporation, Sila, Ficosa, Fuji Kiko, Kostal, DURA, Tokai Rika and others. Kongsberg is the largest company in the global Automotive gear shifter market, accounted for 11.55/% of the revenue market share in 2017.

The automotive gear shifter market has undergone significant developments in recent years, driven by advancements in technology, changing consumer preferences, and increasing demand for electric and autonomous vehicles.

Here are some key insights into the automotive gear shifter market:

The demand for automatic transmission systems has been on the rise globally. This trend is driven by the convenience, ease of use, and fuel efficiency offered by automatic transmissions. As a result, there is an increasing need for gear shifters specifically designed for automatic transmissions.

The rapid growth of the electric vehicle market is influencing the gear shifter industry. Electric vehicles generally feature single-speed or multi-speed transmissions, which require different types of gear shifters compared to traditional internal combustion engine vehicles. Gear selectors in EVs are often designed to provide precise control over driving modes such as forward, reverse, neutral, and regenerative braking.

Gear shifters are being enhanced with advanced technologies to improve their functionality and user experience. These technologies include electronic shift-by-wire systems, paddle shifters, and rotary shifters, among others. Shift-by-wire systems eliminate the mechanical linkage between the gear lever and the transmission, enabling electronic control of gear shifting.

The development of autonomous vehicles is reshaping the gear shifter market. As autonomous vehicles eliminate the need for driver intervention, traditional gear shifters are being replaced by buttons, touchscreens, or other user interfaces. Some autonomous vehicles may not have physical gear shifters at all, as the transmission is controlled entirely by the vehicle's computer system.

Automakers are focusing on enhancing the design and aesthetics of gear shifters to provide a premium and personalized feel to customers. Customizable gear shifters with different materials, finishes, and illumination options are being offered to meet consumer preferences and create a distinctive interior ambiance.

The automotive gear shifter market is highly competitive, with several established and emerging players. Key companies operating in this market include ZF Friedrichshafen AG, Kongsberg Automotive, Stoneridge, Inc., Ficosa International, GHSP, Inc., and Jopp Holding AG. These companies are investing in research and development activities to introduce innovative gear shifter solutions.

The automotive industry is subject to various regulations and emission standards. Governments around the world are implementing stringent emission norms, which are driving the adoption of more fuel-efficient transmission systems. This, in turn, affects the design and development of gear shifters to meet regulatory requirements.

The demand for gear shifters varies across different regions. Developed regions, such as North America and Europe, have a higher adoption rate of automatic transmissions, while emerging economies, like India and China, still have a significant market for manual transmissions. However, with the increasing penetration of automatic transmissions, these regions are also witnessing a shift towards automatic gear shifters. Overall, the automotive gear shifter market is evolving to meet the changing needs of the automotive industry. Advancements in technology, the rise of electric and autonomous vehicles, and the focus on customization and aesthetics are the key factors driving the market forward.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Automotive Gear Shifter in these regions, from 2014 to 2026 (forecast), covering
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Automotive Gear Shifter market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Kongsberg
ZF
GHSP
SL Corporation
Sila
Ficosa
Fuji Kiko
Kostal
DURA
Tokai Rika
Ningbo Gaofa
Chongqing Downwind
Nanjing Aolin

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Manual mode
Automatic mode

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Automotive Gear Shifter for each application, including
Passenger Vehicle
Commercial Vehicle

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