Automotive Advanced Gear Shifter System Market Size | COVID-19 Impact Analysis | Forecast to 2027

The global advanced gear shifter system market is projected to grow at a CAGR of 7% during the forecast period, from USD 10.5 billion in 2018 to USD 17.8 billion by 2027.

The advanced gear shifter system is an electronic control system that is responsible for engaging and disengaging gears. It uses levers and electronic systems to connect, disengage and change gears according to the driver’s requirements. In a manual transmission system, gear shifting can be a tiring task, which is eliminated with an advanced gear shifter system. The advanced gear shifter system identifies when the driver changes gears, and the electrical system activates the clutch and solenoid actuators to engage, disengage, and shift gears. Market Segments:

By Technology

• Automatic Shifter
• Shift-By-Wire

By Component

• CAN Module
• Electronic Control Unit (ECU)
• Solenoid Actuator
• Others

By Vehicle

• Light-Duty Vehicle
• Commercial Vehicle

Key Players

Some of the major players in the globally advanced gear shifter system market are Dura Automotive (US), Ficosa (Spain), Kongsberg Automotive (Norway), and ZF (Germany).

Scope of the Report The research study analyzes the global Automotive Advanced Gear Shifter System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as: Recent Developments o Market Overview and growth analysis o Import and Export Overview o Volume Analysis o Current Market Trends and Future Outlook o Market Opportunistic and Attractive Investment Segment Geographic Coverage o North America Market Size and/or Volume o Latin America Market Size and/or Volume o Europe Market Size and/or Volume o Asia-Pacific Market Size and/or Volume o Rest of the world Market Size and/or Volume Key Questions Answered by Automotive Advanced Gear Shifter System Market Report 1. What was the Automotive Advanced Gear Shifter System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Automotive Advanced Gear Shifter System Market during the forecast period (2021-2027)? 3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027). 4. Which manufacturer/vendor/players in the Automotive Advanced Gear Shifter System Market was the market leader in 2020? 5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Automotive Advanced Gear Shifter System market.
• The market share of the global Automotive Advanced Gear Shifter System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Advanced Gear Shifter System market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Advanced Gear Shifter System market.