Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Transmissions
Overview
Market size
$173.0B
global, USD
CAGR
5.4%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$225.0B
What changed
Demand by region
Asia Pacific demand45%
Europe demand25%
North America demand20%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Steel, aluminum, and raw metal alloys35%
Direct and indirect manufacturing labor20%
Precision machining and manufacturing overhead20%
Electronics, sensors, and control units15%
Logistics and regional distribution10%
share of delivered cost (analyst estimate)