A transmission control unit (TCU) is an electronic device, which supports the automatic transmission of a vehicle to work more reliably and efficiently. Several factors are answerable for the beneficial growth of the AT application segment
- one of the key factors being a rise in demand from people for luxury vehicles. Also, Customers switching to automatic transmission systems also have positive impact on automotive TCU market. Short product life cycle is challenge for global automotive TCU market. Development of auto-shift manual transmission system with adaptive transmission control are some future trends that will provide a positive impact on automotive TCU market.
MARKET SCOPE
The "Global Automotive TCU market Analysis to 2028" is a specialized and in-depth study of automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive TCU with detailed market segmentation by type, and application. The global automotive TCU market is expected to witness high growth during the forecast period. The report provides key statistics on the automotive TCU market and offers key trends and opportunities in automotive market.
MARKET SEGMENTATION
- On the basis of type, market is segmented as AT (Automatic Transmission), CVT (Continuous Variable Transmission), and DCT (Dual Clutch Transmission).
- On the basis of application market is segmented as Air Bag Deployment, CVJ Boots, Air Intake Ducting, and others. On the basis of application market is segmented as passenger car, (LCV) light commercial vehicle, and (HCV) heavy commercial vehicle.
MARKET DYNAMICS
Drivers:
- The growing emphasis for ride comfort.
- Increase in the production of high speed DCTs for passenger cars and commercial vehicles.
Restraints:
- Fluctuating prices of raw material.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Automotive TCU market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global Automotive TCU market by each region is later sub-segmented by respective countries and segments.
The report analyzes factors affecting automotive TCU market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological effecting the Automotive TCU market in these regions.
IMPACT OF COVID-19 ON PUMPS MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive and transportation industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive and transportation in 2020. However, the industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
MARKET PLAYERS
The reports cover key developments in the automotive TCU market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive TCU market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive TCU in the global market. Below mentioned is the list of few companies engaged in the automotive TCU market .
The report also includes the profiles of automotive TCU market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Bosch
- Continental
- Delphi Automotive
- Denso Corporation
- General Motors Company
- Hitachi Automotive System
- Magna International
- Magneti Marelli SpA
- Mitsubishi Electric Corporation
- ZF Friedrichshafen