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Global Advanced Gear Shifter System Market - 2019-2026
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The Global Advanced Gear Shifter System market size to grow from USD 5.0 billion in 2018 to USD 9.0 billion by 2023, at a Compound Annual rate of growth (CAGR) of 12.4 that in the forecast period.Sealants are ubiquitously wont to block dust, heat, sound, and fluid through apertures at joints in building structures. Its particularly effective in waterproofing processes to supply a barrier for moisture in built structures. Gear shift also called gear stick, gear level or gear selector could be a metal level which is employed to alter gears during a manual transmission- equipped automobile. They are usually found within the front of the seats, either at center console, at the transmission tunnel or directly on the ground. Gear shift have a lever and an electronic system which help the driving force to alter the gear consistent with his needs and requirement.Source: Secondary Databases, Primary Interviews and 99-Reports AnalysisGlobal Advanced Gear Shifter System Industry Dynamics -In the automobile industry, a generational change is happening for vehicles with automatic drive.
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Currently ...
... vehicles shift to modern automatic transmissions with an increasing number of gears; mechanical linkages are disappearing in favor of shift by wire.The Shift by wire reduces the human-machine interface efforts and improves performance, moreover provides better features like effortless shifting, integrated feature, and integration with custom vehicle features, reduced space claim, and improved operator productivity. While offering a smoother transaction between gears and replace the present mechanical coupling.Moreover the growing automotive industry, as result of rising demand for passenger cars, is projected to form healthy demand for advanced gear shift systems during the forecast period.In addition, vehicle standards set by governments of varied regions also are projected to make healthy growth opportunities for the manufacturers of automotive gear shift systems within the near future as most manufacturers are focused on the manufacturing of more efficient automotive gear shift systems with low fuel & emission. Additionally, the growing adoption of electrical vehicles is additionally one among the key drivers creating opportunities for the general automotive gear shift systems market.
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Global Advanced Gear Shifter System Market - Key Segment –
Global Advanced Gear Shifter System Market
• By Technology -
• Automatic Gearshift
• Shift by Wire
• Global Advanced Gear Shifter System Market
• By Vehicle Type -
• Light-duty Vehicles
• Medium-duty Vehicles
• Heavy-duty Vehicles
Global Advanced Gear Shifter System Market - Geographical Analysis By geography, the global Advanced Gear Shifter System Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).The Asia Pacific market is forecasted to carry the most important market share and is estimated to grow at a big CAGR during the forecast period. The market growth within the region is often attributed to the rise in vehicle production and adoption of advanced shifter technology in vehicles.The Indian Government's 'Make in India' initiative are learning speed as a number of the leading automotive manufacturers across the world are heavily investing within the region. As an example, the German automotive company Volkswagen has recently announced plans to take a position around 1 billion euros within the country over following few years to develop six new models.Global Advanced Gear Shifter System Market -
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Competitive Analysis
• ZF Friedrichshafen AG
• Kongsberg Automotive
• Stoneridge Inc
• Fujikiko Co Ltd
• DURA Automotive Systems
• Ficosa International S.A.
• Kuster Holding GmbH.
• Leopold Kostal GmbH & Co. KG
• GHSP Inc
• Orscheln Products
• SL Corporation
• SILA
• CHONGQING KUAYUE (GROUP) CO. Ltd
• TOKAIRIKA
• CO Ltd
• Ningbo Gaofa Automotive Control System CO Ltd.
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