LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors in their recent global automotive Tiptronic transmission market report until 2020. Vendors are identified based on their revenue and market dominance in terms of experience, geographical presence, product portfolio, financials, and R&D.
Transmission is considered a key lever to achieve fuel economy and enhance the performance of a vehicle. The transmission market has experienced an evolution from conventional mechanical transmission systems to advanced technologies such as dual-clutch, continuous-variable, and automatic transmission systems. One such technology is Tiptronic transmission, which is an amalgamation of both mechanical interaction and efficiency of an automatic transmission.
According to Siddharth Jaiswal, a lead analyst at Technavio for research on powertrain, “The global automotive Tiptronic transmission market is predicted to grow at a CAGR of 7.66%, owing to refined transmission systems that result in higher fuel efficiency compared with manual transmissions. The cost of development from manufacturers perspective and cost of ownership in terms of demand is declining due to technological developments, which is further driving the market, especially in APAC.”
Competitive vendor landscape
The global automotive Tiptronic transmission market report labels BorgWarner, Aisin Seiki, Voith, ZF AG, Schaeffler Group, Allison Transmission, and Eaton, as some of the top established vendors and suppliers operating in the market. The competitive environment in the market may intensify with the rising demand for the automatic transmission vehicles, especially in APAC economies. APAC boasts of high potential for growth in the future as the automotive market in the region is experiencing a dynamic shift from manually operated vehicles to those engineered with automated gearboxes.
The high population of vehicles in terms of volume in the region is leading customers to daily traffic issues. Hence, they are looking for solutions that can provide comfortable and smooth driving experience. Vendors in the region are designing and developing relative cheaper technologies to suit the demands of the customer, making the APAC market more competitive in nature. In the Americas, automated transmission system has been in place for a long time and are much popular in the market. Unlike fully automatic transmission, automatic Tiptronic transmission is gaining popularity as it is providing the benefit of manual gear shifts. Therefore, high demand for automatic transmission vehicles, especially in North America is predicted to attract new entrants into the Tiptronic transmission market, which will further intensify the competition among vendors, operating in the region.
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About the top six automotive Tiptronic transmission market vendors
BorgWarner’s transmission systems offer complete electro-hydraulic control modules and components for a variety of transmission types with specialization in the development of automated transmission clutch components and systems. Its Dual-Tronic control module, co-developed by BW-TS is the world’s first series production dual transmission.
Aisin Seiki has expertise in developing gear-shifting mechanism from 4-speed to 5-speed and 5-speed to 6-speed. These are designed with the latest control and production technologies to redesign internal mechanisms in its products to make them lighter and more compact for mounting on a wide range of vehicles. The products are capable of providing smooth, powerful, and quiet acceleration, which are fuel-efficient and eco-friendly as well.
Voith designs and develops automatic transmission technologies for buses. The company’s differential wandler (DIWA) uses start-up management system, which helps in reducing the fuel consumption by 5% with significantly lower CO₂ emissions. The system is a fusion of various technologies that create low noise pollution. The system makes use of SensoTop technology for enhancing gear shifting speed, making the system more precise and accurate.
With advances in the new 8-speed programmed transmission by ZF AG, the company’s emphasis is not on the quantity of velocities yet rather on the minimization of fuel utilization. The new 8HP 8-speed programmed transmission was intended to be lightweight and sets new benchmarks for adaptability, productivity, and economy.
Allison Transmission is a renowned manufacturer of automatic transmission systems for commercial vehicles and other hybrid propulsion systems. The company's product portfolio includes a wide range of hybrid propulsion systems and automatic transmission systems for commercial vehicles like buses and trucks.
Eaton is a power management company that helps customers manage hydraulic, mechanical, and electrical power efficiently through energy-efficient solutions. It provides tailor-made solutions for OEMs to enhance the efficiency, reliability, drivability, and safety of the vehicle.
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