Automotive Gear Shifter Market

The global Automotive Gear Shifter market was valued at 2880.51 Million USD in 2021 and will grow with a CAGR of 3.93% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Gear Shifter Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Automotive Gear Shifter Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.On the basis of type, the traditional mechanical gear shifter is the largest segment with around 90% sales share of the total market in 2017. Meanwhile, the electronic gear shifter developed at a double digit growth rate during last years, and the electronic gear shifter is expected to grow at a CAGR of 16% from 2017 to 2023. On the basis of geography, the global automotive gear shifter market is segmented into regions, namely, North America, Europe, Asia-Pacific, South America, Middle East & Africa regions. In 2017, China is the largest as well as the fastest growing regional market for automotive gear shifter and held 29% sales share in the global market. The global automotive gear shifter market comprises numerous players offering broad range of products. Lots of manufactures of automotive gear shifter offer a wide range of automotive gear shifter solutions to fit specific original equipment manufacturers (OEMs) and aftermarket requirements. The key players in the automotive gear shifter market include Kongsberg, ZF, GHSP, SL , Sila, Ficosa, Fuji Kiko, Kostal, DURA, Tokai Rika and others.

By Market Verdors:

• Kongsberg
• ZF
• GHSP
• SL
• Sila
• Ficosa
• Fuji Kiko
• Kostal
• DURA
• Tokai Rika
• Ningbo Gaofa
• Chongqing Downwind
• Nanjing Aolin

• By Types:
• Mechanical Gear Shifter
• Electronic Gear Shifter

By Applications:

• Passenger Vehicle
• Commercial Vehicle

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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