Global Transmission Control System Market Grows Steadily at a CAGR of 6.1%

Introduction

A transmission control system is a computer module that controls and performs clutch and shifting functions in an automatic transmission vehicle. This is accomplished by processing electrical data that come in from the electronic control unit (ECU) and various sensors, including temperature sensors for the transmission fluid, accelerometers, and brake pedal position sensors. The transmission control system's input parameters include a number of different parts, including the wheel speed sensors, fluid pressure sensors, vehicle speed sensors, and cruise control systems.

Market Dynamics

Rising Demand for Automatic Transmission in Vehicles Drives the Market

The transition from manual to automatic transmission is motivated by the need to enhance levels of comfort and safety. The utilization of an automatic transmission when driving is associated with enhanced safety, increased comfort, improved fuel efficiency, and overall superior performance. The implementation of automatic transmission obviates the necessity for manual gear shifting and clutch engagement by the driver, hence providing a heightened level of comfort, especially in urban areas characterized by frequent halts and accelerations. To ensure maximum efficiency, the transmission control unit (TCU) obtains data from the engine control unit (ECU) as well as input from other sensors throughout the vehicle.

Production of Active Shift Control Transmission Creates Tremendous Opportunities

Prominent automotive manufacturers are allocating significant resources to refine automatic gearboxes equipped with active shift control. Hyundai Motor Group, a prominent automotive manufacturer, has emerged as a pioneering entity in the realm of hybrid and active shift control (ASC) gearboxes. This innovative transmission technology optimizes transmission efficiency by continuously monitoring gear changes at a rate of up to 500 times per second and adjusting the gearbox's shift timing accordingly. This technology also contributes to the improvement of automobiles' fuel efficiency by lowering gear shift times by 30%. Such factors create opportunities for market growth.

Regional Analysis

Asia-Pacific is the most significant global transmission control system market shareholder and is estimated to exhibit a CAGR of 7.4% during the forecast period. The Asia-Pacific region predominantly leads the transmission control system market on a global scale. It is anticipated that the area companies will maintain their competitive edge during the projected period due to the implementation of innovative cars incorporating modern technologies, such as automatic transmission control systems. Moreover, it is expected that the increasing demand for automatic transmission in automobiles and the development of active shift transmission will drive the expansion of the transmission control system market. This will also provide significant potential prospects for the industry participants.

Key Highlights

• The global transmission control system market was worth USD 46.12 billion in 2022. It is projected to reach USD 78.12 billion by 2031 at a CAGR of 6.1% during the projected period (2023-2031). 
• On the basis of installation, the global transmission control system market is divided into integrated and stand-alone. The integrated segment dominates the global market and is estimated to grow at a CAGR of 5.31% during the forecast period.
• By vehicle type, the global transmission control system market is categorized into passenger vehicles, commercial vehicles, and electric vehicles. The passenger segment owns the highest market share and is estimated to grow at a CAGR of 5.8% during the forecast period.
• Asia-Pacific is the most significant global transmission control system market shareholder and is estimated to exhibit a CAGR of 7.4% during the forecast period.

Competitive Players

Competitive Players 

Key players operating in the global transmission control system market are Continental AG, Robert Bosch, BorgWarner, Delphi Technologies, Denso Corporation, Dana Limited, Infineon Technologies, Eaton, Allison Transmission Inc., and ZF Friedrichshafen.

Recent Developments

Market News

• In September 2023, Marelli, a prominent global supplier, introduced a novel collection of versatile and smart actuators designed specifically for electric vehicles. This unveiling took place at the esteemed Battery Show North America 2023, a notable event hosted in Novi, Michigan, from September 12th to 14th.

Segmentation

Global Transmission Control System Market: Segmentation

By Vehicle Type 

• Passenger Car
• Commercial Vehicle
• Electric Vehicle

By Installation

• Integrated
• Stand-alone

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA