Skip to main content

Global automotive gear shifter market is forecast to grow at a CAGR of 4% during 2017-2023


QY Research, Inc.
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.

The global automotive gear shifter market, in terms of revenue, is valued at 2.6 Billion USD in 2017 and is forecast to grow at a CAGR of about 4% during the period from 2017 to 2023. The major factors influencing the growth of global automotive gear shifter market are the steady development of automotive across the world.

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 Corporation, Sila, Ficosa, Fuji Kiko, Kostal, DURA, Tokai Rika and others.

This report studies the global Automotive Gear Shifter market status and forecast, categorizes the global Automotive Gear Shifter market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & 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 geography, the global automotive gear shifter market is segmented into regions, namely, North America, Europe, China, Japan, Korea and other regions. In 2015, China is the largest as well as the fastest growing regional market for automotive gear shifter and held 26% share in the global market. The demand for automotive gear shifter has been increasing in American countries such as USA.

Ask for Discount on Research Report@  https://www.qyresearch.com/request-discount/form/297897/global-automotive-gear-shifter-sales-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 Corporation, Sila, Ficosa, Fuji Kiko, Kostal, DURA, Tokai Rika and others

The global automotive gear shifter market, in terms of revenue, is valued at 2.6 Billion USD in 2017 and is forecast to grow at a CAGR of about 4% during the period from 2017 to 2023. The major factors influencing the growth of global automotive gear shifter market are the steady development of automotive across the world.

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.

Request Sample Copy of Report@  https://www.qyresearch.com/sample-form/form/297897/global-automotive-gear-shifter-sales-market

About Us:

QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

Media Contact
Company Name: QY Research, Inc.
Contact Person: Rahul Singh
Email: Send Email
Phone: +1 626 295 2442
Address:17890 Castleton Street, Suite 218
City: City of Industry
State: CA 91748
Country: United States
Website: https://www.qyresearch.com/index/detail/297897/global-automotive-gear-shifter-sales-market



Source: www.abnewswire.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.