Automatic Transmission Market Set to Reach $115 Billion by 2030:...

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2026-03-31 11:51:03

Automatic Transmission Market Set to Reach $115 Billion by 2030: CAGR 6.8%

The global Automatic Transmission market was valued at $65 billion in 2020 and is projected to reach $115 billion by 2030, reflecting a CAGR of 6.8%. Rising passenger vehicle sales, electrification trends, and demand for fuel-efficient transmissions have driven growth. Surveys indicate that 72% of global automakers plan to equip new models with automatic systems by 2025. In 2020 alone,...

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