Commercial Vehicle Transmission Market Size to Grow by USD 5.73 million | North America to Notice Maximum Growth | Technavio
NEW YORK , June 1, 2022 |PRNewswire| -- The commercial vehicle transmission market will be driven by factors such as the increasing adoption of AMT in medium- and heavy-duty trucks. The use of AMT in heavy-duty vehicles offers fuel economy benefits, which reduces vehicular emission levels. European and North American countries are the major adopters of AMT|AT in medium- and heavy-duty trucks. Manufacturers such as Volvo and Daimler are increasingly adopting AMT in trucks. The global commercial vehicle transmission market size is expected to grow by USD 5.73 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 4.78% during the forecast period. This report segments the market into type (automatic transmission, manual transmission, and automated manual transmission) and geography ( North America , APAC, Europe , South America , and MEA). Request a Sample Report to learn about additional highlights related to market growth Commercial Vehicle Transmission Market: Trend The emergence of 3D printing in truck components is one of the key trends in the market. 3D printing is used in rapid prototyping and AM.
Commercial Vehicle Transmission Market Size to Grow by USD 5.73 million | North America to Notice Maximum Growth | Technavio
NEW YORK , June 1, 2022 |PRNewswire| -- The commercial vehicle transmission market will be driven by factors such as the increasing adoption of AMT in medium- and heavy-duty trucks. The use of AMT in heavy-duty vehicles offers fuel economy benefits, which reduces vehicular emission levels. European and North American countries are the major adopters of AMT|AT in medium- and heavy-duty trucks. Manufacturers such as Volvo and Daimler are increasingly adopting AMT in trucks. The global commercial vehicle transmission market size is expected to grow by USD 5.73 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 4.78% during the forecast period. This report segments the market into type (automatic transmission, manual transmission, and automated manual transmission) and geography ( North America , APAC, Europe , South America , and MEA). Request a Sample Report to learn about additional highlights related to market growth Commercial Vehicle Transmission Market: Trend The emergence of 3D printing in truck components is one of the key trends in the market. 3D printing is used in rapid prototyping and AM.