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.
Market Analysis and Insights: Global and United States Advanced Gear Shifter System Market
This report focuses on global and United States Advanced Gear Shifter System market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Advanced Gear Shifter System market size is estimated to be worth US$ 10130 million in 2022 and is forecast to a readjusted size of US$ 13200 million by 2028 with a CAGR of 4.5% during the review period. Fully considering the economic change by this health crisis, by Type, Electronic Gear Shifter accounting for % of the Advanced Gear Shifter System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Passenger Vehicle was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The Asia Pacific market is projected to hold the largest market share and is estimated to grow at a significant CAGR during the forecast period. The market growth in the region can be attributed to the increase in vehicle production and adoption of advanced gear shifter technology in vehicles. Expansion of leading OEMs and automotive component suppliers in developing economies such as China and India is also projected to drive the growth in this region.
Global Advanced Gear Shifter System Scope and Market Size
Advanced Gear Shifter System market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Advanced Gear Shifter System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Advanced Gear Shifter System market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Electronic Gear Shifter
Mechanical Gear Shifter
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Kongsberg
ZF
GHSP
SL Corporation
Sila
Ficosa
Fuji Kiko
Kostal
DURA
Tokai Rika
Ningbo Gaofa
Chongqing Downwind
Nanjing Aolin