According to the latest report “Automotive Advanced Shifter System Market by Technology, Component, Fuel Type , Vehicle Type, Region with Forecast To 2023, published by Market Research Future, the Global Automotive Advanced Shifter System Market to witness 6% CAGR during forecast period of 2019 to 2023.
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Automotive Advanced Shifter System Market Highlights:
The prominent players in the Automotive Advanced Shifter System market include:
Dura Automotive (US), Ficosa (Spain), Kongsberg Automotive (Norway), ZF (Germany), WABCO (Belgium), and Jopp Group (Germany). SILATECH S.r.l. (Italy), Remsons Industries Ltd. (India), Küster Holding GmbH (Germany), and Robert Bosch GmbH (Germany).
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Automotive Advanced Shifter System Market Drivers and Restraints:
The automotive advance shifter system primarily consists of the gearshift, the control cables, and design style. The advance shifter system in automotive will allow the driver to select the speed of the vehicle efficiently and safely. The automotive advance shifter system is mostly based on customers inputs and requirements. This improves performance and maintains high level of reliability and reduced cost.
The global automotive advanced shifter system market is perceived to exhibit remarkable growth and expand at a CAGR of 6% over the forecast period of 2018-2023, reveals Market Research Future (MRFR) in a minutely analyzed research report. Advanced shifter system comprises gearshift, design style, and control cables which assist the driver in monitoring the speed of the vehicle, thus, ensuring safety and efficiency. Increased concerns regarding the performance of automobiles and high demand for speed and efficiency are driving the market for advanced shifter systems. Growth in the automotive industry coupled with growing disposable income in both developed and developing countries induce high demand for automotive advanced shifter systems. High demand for shift by wire technology is another factor influencing the growth of the market.
Global Automotive Advanced Shifter System Market Segments Analysis:
Global automotive advanced shifter system market is segmented based on technology, component, fuel type, vehicle type, and region.
Based on technology, the market has been segmented into automatic, manual, and shift by wire.
Based on component, the market has been segmented into CAN module, ECU, solenoid actuator, and others.
Based on fuel type, the market has been segmented into petrol, diesel, and gasoline.
Based on vehicle type, the market has been segmented into passenger car, commercial vehicle, and electric vehicle.
Global Automotive Advanced Shifter System Market Regional Analysis:
North America, Europe, Asia Pacific, and the Rest of the World are the key markets of the global automotive advanced shifter system. Asia Pacific held the largest share of the global market in 2017 and is expected to continue its dominance over the forecast period. The sales of the automobile have increased considerably in the economies of China, Japan, India, Thailand, and Indonesia owing to growing urbanization and purchasing power of consumers which has boosted the growth of the Asia Pacific market.
Furthermore, initiatives to increase awareness regarding efficient vehicle shifter system will enhance the Asia Pacific market growth. Europe market is driven by stringent government norms which raise adoption of automotive advanced shifter system. Europe is expected to be the second largest market over the forecast period.
Report Overview:
The report for Global Automotive Advanced Shifter System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
Table 1 Advanced Shifter System Market: By Region, 2018-2023
Table 2 North America: Advanced Shifter System Market: By Country, 2018-2023
Table 3 Europe Advanced Shifter System Market: By Country, 2018-2023
Table 4 Asia-Pacific Advanced Shifter System Market: By Country, 2018-2023
Table 5 RoW Advanced Shifter System Market: By Country, 2018-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Advanced Shifter System Market Share, By Technology, 2017 (%)
Continued…
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Source: MarketersMedia
Release ID: 511565
