Automotive Navigator-based Gearshift Market Poised to Expand at a Robust Pace Over 2020-2027
Automotive Navigator-based Gearshift Market: Introduction
- Automotive navigator-based gearshift helps control the 5-speed automatic transmission by using road information provided by the navigation system in the vehicle.
- Navigator-based gearshift system determines the geometry and length of the road from the vehicle’s current location to the next nearby location and road condition with the help of the navigation system. The ECU sends a signal to a sensor, which helps determine the optimum gear selection based on the information about the road condition and directs to control the vehicle speed. This is anticipated to boost the automotive navigator-based gearshift market across the globe.
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Key Drivers of Automotive Navigator-based Gearshift Market
- Rise in demand for safety features in vehicles across the globe is likely to propel the automotive navigator-based gearshift market. Increase in integration of artificial intelligence in vehicles is prompting vehicle manufacturers to develop autonomous vehicles. However, a rise in use of navigation systems in vehicles boosts the automotive navigator-based gearshift market across the globe. Rising integration of the electronic control unit in vehicles helps provide information to the display about the length of the road and the traffic situation, which helps the driver to use the gear according to the condition. This is likely to propel the automotive navigator-based gearshift market across the globe.
- Rise in demand for connected vehicles, where navigator-based gearshift plays an important role, is likely to boost the automotive navigator-based gearshift market across the globe. Increase in rate of adoption of advance features in vehicles, including traffic control system, lane departure warning system, and blind spot monitoring system, is anticipated to fuel the automotive navigator-based gearshift market across the globe.
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Europe & Asia Pacific to hold significant share of global automotive Navigator-based Gearshift market
- Europe is projected to account for a significant share of the global automotive navigator-based gearshift market due to a rise in the demand for autonomous vehicles and advanced features in vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, who have major facilities that undertake research & development regarding the advancement in gear shift technology, which is likely to propel the automotive navigator-based gearshift market across the globe.
- Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive navigator-based gearshift market due to an increase in sale of vehicles and rise in disposable income and increase in purchase power of consumers across the region. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive navigator-based gearshift market across Asia Pacific.
Key Players Operating in Automotive Navigator-based Gearshift Market
The global automotive navigator-based gearshift market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive navigator-based gearshift market are:
- Kongsberg
- ZF Friedrichshafen
- Eaton Corporation
- BorgWarner
- Aisin Seiki
- Allison Transmission
- Voith
- Ficosa International
- Stoneridge
- Toyota Motor Corporation
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Global Automotive Navigator-based Gearshift Market: Research Scope
Global Automotive Navigator-based Gearshift Market, by Technology
- Automatic Shifter
- Shift by Wire
Global Automotive Navigator-based Gearshift Market, by Vehicle Type
- Passenger Vehicle
- Entry
- Mid
- Premium/ Luxury
- Commercial Vehicle
Global Automotive Navigator-based Gearshift Market, by Component
- CAN Module
- Electronic Control Unit
- Solenoid Actuator
- Others
Global Automotive Navigator-based Gearshift Market, by Sales Channel
- OEM
- Aftermarket
Global Automotive Navigator-based Gearshift Market, by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Nordic Region
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
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