Page 1

Transmission Repair Market worth 233.70 Billion USD by 2022 The report "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 projected to grow at a CAGR of 3.25% during the forecast period, from USD 199.16 Billion in 2017 to USD 233.70 Billion by 2022. In terms of volume, the transmission repair market is estimated to reach 7.89 Billion units by 2022. The major factors driving the growth of the transmission repair market are larger vehicle parc, increasing average vehicle age & miles traveled, improved infrastructure, and increased vehicle sales worldwide. Browse 132 market data Tables and 57 Figures spread through 173 Pages and in-depth TOC on "Transmission Repair MarketGlobal Forecast to 2022" https://www.marketsandmarkets.com/Market-Reports/transmission-repair-market-139093827.html

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. 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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=139093827

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.

Request Sample Copy @ https://www.marketsandmarkets.com/requestsample.asp?id=139093827

About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industr ies worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now comin g up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

Transmission Repair Market is Expecting Revolutionary Growth In Future  

Transmission Repair Market research report categorizes the global market by Vehicle Type, Repair type (Transmission General Repair, Overhaul...

Transmission Repair Market is Expecting Revolutionary Growth In Future  

Transmission Repair Market research report categorizes the global market by Vehicle Type, Repair type (Transmission General Repair, Overhaul...

Advertisement