Global Automotive Gear Shifter Market Growth 2019-2024

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 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.

According to this study, over the next five years the Automotive Gear Shifter market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 3410 million by 2024, from US$ 2630 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Gear Shifter business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Gear Shifter market by product type, application, key manufacturers and key regions and countries.

This study considers the Automotive Gear Shifter value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mechanical Gear Shifter
Electronic Gear Shifter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kongsberg
ZF
GHSP
SL Corporation
Sila
Ficosa
Fuji Kiko
Kostal
DURA
Tokai Rika
Ningbo Gaofa
Chongqing Downwind
Nanjing Aolin

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Gear Shifter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Gear Shifter market by identifying its various subsegments.
Focuses on the key global Automotive Gear Shifter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Gear Shifter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Gear Shifter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.