Australia Automotive Transmission Market Overview, 2029

The gearbox market in Australia is a crucial facet of the country's automotive sector, given its importance in relation to the production, distribution, and customer preferences of vehicles. Australia is a nation renowned for its expansive landscapes, dispersed cities, and varied driving conditions. A wide range of variables, including as improvements in technology, legislative policies, and customer needs, influence the country's gearbox industry. The market includes a wide range of transmission technologies, including newly developed hybrid and electric powertrain systems, sophisticated automated gearboxes, and conventional manual transmissions. Similar to worldwide trends, Australian customers are increasingly choosing automatic transmissions because of their ease, particularly when travelling long distances and through cities. Furthermore, a variety of vehicle types, such as passenger automobiles and commercial vehicles, have an impact on the nation's gearbox industry includes commercial vehicles and passenger automobiles, each having specific gearbox specifications designed to satisfy the needs of Australian companies and drivers. Additionally, Australia's dedication to sustainability and reducing emissions spurs innovation in transmission technology, with an increasing emphasis on hybrid and electric cars fitted with state-of-the-art transmissions that maximize performance and economy. Essentially, the Australian gearbox market is a dynamic and essential part of the country's automotive environment, always changing to satisfy the demands and expectations of stakeholders and Australian drivers. According to the research report "Australia Transmission Market Overview, 2029," published by Bonafide Research, the Australia Transmission Market is expected to grow with 5.40% CAGR from 2024 to 2029. The transmission market in Australia provides a wide range of gearbox technologies that are suited to individual customer preferences and driving circumstances. With its straightforward control and ease of use, manual gearboxes have long been a favourite among drivers who want a more exciting and involved driving experience. With a clutch pedal and gearstick, drivers may physically pick ratios in a manual gearbox, giving them a tactile connection to the car and a sensation of control over changing gears. Conversely, automatic gearboxes have become increasingly popular in Australia because they are convenient and simple to operate, especially in metropolitan areas and during rush hour. An automatic gearbox provides a smoother and more comfortable driving experience by smoothly shifting gears without the need for human involvement. This When driving a long distance, this technology helps drivers concentrate more on the road and less on shifting gears. Automated manual transmissions, or AMTs, combine the control and fuel economy of manual transmissions with the ease of automated gear shifting. They are a hybrid between manual and automatic transmissions. AMTs may still choose a manual gear by using electronic controls to automate the clutch and gear-shifting procedure, doing away with the necessity for a clutch pedal. This technology is well-liked by customers looking for efficiency and adaptability since it strikes a compromise between the ease of use of automatic transmissions and the involvement of manual transmissions. Due to their extensive use and ease, automatic gearboxes are the most popular kind in Australia, especially for long-distance and urban driving. Although driving aficionados continue to choose manual transmissions, a wider spectrum of customers find automatic gearboxes appealing due to their smooth functioning and convenience of use. Compared to typical automatics, the adoption of automated manual transmissions (AMTs), which provide a compromise between manual and automatic transmissions, is very low. Based on the kinds of cars sold, Australia's automotive market is divided into a number of segments, each of which has a dominant and expanding market share. In Australia's economy, light commercial vehicles (LCVs), or passenger cars, are essential, especially in sectors like construction, trade, and logistics. For both individuals and companies, LCVs—which include vans, pickup trucks, and mini-trucks—offer dependability, adaptability, and convenience. The demand for LCVs is rising due to the growing importance of last-mile delivery services and urban logistics, which is being driven by the expansion of e-commerce and nationwide infrastructure development projects. Even though they make up a lesser portion of the industry, heavy commercial vehicles (HCVs) are crucial for moving commodities and goods across Australia's rural areas and over long distances. Heavy-duty vehicles (HCVs) such as trucks, buses, and specialised vehicles serve a variety of sectors, including freight transportation, agriculture, and mining. Growing interest in electric and alternative fuel-powered HCVs is a result of the increased focus on sustainability and emissions reduction, which is spurring innovation and investment in this market.

Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Automotive Transmission market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Transmission Type • Manual • Automatic • Automated Manual Transmission (AMT) • Others (CVT, DCT) By Vehicle Type • Passenger Vehicles (passenger cars, Two wheelers, Suv,..) • LCVs • HCVs The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automotive Transmission industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry. Keywords: Automotive Transmission, Manual, Automatic, Automated Manual Transmission (AMT), Others (CVT, DCT), Passenger Vehicles (passenger cars, Two wheelers, Suv,..), LCVs, HCVs.