The latest report on Automotive Hybrid Transmission System Market by Infinium Global Research gives complete coverage of the automotive hybrid transmission system market by vehicle type (full HEVs, mild HEVs, and PHEVs) in terms of key trends, market size, forecast and CAGR growth over the period of 2023 to 2030. In addition, the study covers deep dive into key product and applications trends in the regional markets of automotive hybrid transmission system such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Hybrid car transmissions:
- Function: Transfer power from engine and electric motor to wheels in hybrid vehicles.
- Key features: Efficiency, wider gear range, fast gear changes.
- Example: Toyota systems reduce friction, expand gear range and improve response for better fuel economy.
- Benefits: Up to 35% less fuel consumption and CO2 emissions (compared to traditional cars).
Market growth:
- Drivers: Demand for eco-friendly vehicles (hybrid, electric, etc.).
- Supporting factors: Development of advanced systems and increasing players in the market.
- Customer awareness: Growing understanding of hybrid benefits helps the market.
Challenges:
- High cost: A major barrier to wider adoption.
Regional outlook:
- Asia Pacific: Leading region due to high production and sales of hybrid/electric vehicles. Japan is the current market leader.
- Europe: Second largest market, driven by rising hybrid vehicle numbers.
- North America: Expected to become the dominant market in the future.
Overall: Despite the cost hurdle, the market for hybrid car transmissions is expected to grow due to increasing demand for eco-friendly vehicles, technological advancements, and rising customer awareness.
Additional notes:
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- Unnecessary repetition is removed.
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Key Market Players:
- Aisin Seiki Co., Ltd.
- AVL List GmbH
- BorgWarner Inc.
- Continental AG
- ZF Friedrichshafen AG
- Eaton Corporation Inc
- JATCO Ltd
- Magna International Inc.
- Schaeffler Group
- Other Companies
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