Transmission Control System Market

Transmission Control System Market Statistics - 2026

The global transmission control system market size was valued at $36.30 billion in 2018 and is projected to reach $58.61 billion by 2026, registering a CAGR of 6.3% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018 and is expected to be the highest contributor to the global market, in terms of revenue, during the transmission control system market forecast.

Transmission control system can be defined as a computer module, which is responsible for regulating or performing shifting and clutch functions of a vehicle’s automatic transmission by processing electrical signal from the its electronic control unit (ECU), various sensors such as accelerometers, brake pedal position sensor, and transmission fluid temperature sensor. The parameters of the input signal received by transmission control system include cruise control system, vehicle speed sensor, wheel speed sensors, and fluid pressure sensors, In addition, the output parameters of the system consist of torque converter clutch (TCC), pressure control solenoids, and shift lock.

Factors such as increasing demand for automatic transmission in vehicles and growing trend of autonomous vehicles is anticipated to propel the growth of the transmission control system market. However, high cost of transmission control system and its related components hinder the market growth. Furthermore, production of active shift control transmission is expected to provide remarkable growth opportunities for players operating in the transmission control system market.

The global transmission control system market is segmented on the basis of installation, vehicle type, and region. On the basis of installation, it is divided into integrated and stand-alone. By vehicle type, it is categorized into passenger vehicle, commercial vehicle, and electric vehicle. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players including Continental AG, Robert Bosch, BorgWarner, Delphi Technologies, Denso Corporation, Dana Limited, Infineon Technologies, Eaton, Allison Transmission Inc., and ZF Friedrichshafen account for major transmission control system market shares.

Rise in demand for automatic transmission in vehicles

Demand for increasing safety and comfort, while driving, propels the shift from manual transmission to automatic transmission. Automatic transmission offers safer & more comfortable, more resourceful-friendly, fuel-efficient, and better driving experience. With the adoption of automatic transmission, a driver does not need to change operate clutch and gears, which is remarkably comfortable, especially in cities where there is stop and go traffic. In addition, transmission control unit receives input from sensors in vehicles and information from an engine control unit (ECU) to shift the gears and ensure optimal operation. Leading automobile manufacturers are offering automatic transmission and all related components, which boosts its adoption in vehicles with automatic transmission and transmission control unit. For instance, Bosch, an automobile manufacturer offers an extensive product portfolio of components and systems for semi and fully automatic transmissions. Thus, rise in demand for automatic transmission in vehicles is anticipated to propel the growth of the transmission control system market.

Growth in trend of autonomous vehicles

In recent years, there has been surge in the trend of autonomous vehicles, owing to growth in connected infrastructure and improved safety, along with reduction in traffic congestion. An autonomous vehicle is installed with a number of sensors, including LiDAR, RADAR, camera, and GPS. These sensors are short range (providing details of moving objects near the vehicle) as well as long range (providing details of high-speed oncoming vehicles) to help the vehicle sense any object or obstacle in its way, thus eliminating the chances of accidents. Autonomous vehicles can also help reduce traffic congestion. Based on a study by University of Illinois in 2017, it was proved that one autonomous car stuck in a traffic congestion can ease the congestion by controlling its speed and perform better as compared to other cars in the jam. Fuel consumption also reduces with the use of autonomous vehicles as fuel use increases, when cars slow down or get back up to speed. Transmission control system play a very important role in shifting of gears depending on the situation and traffic conditions. Thus, growing trend of autonomous vehicles propels the growth of the transmission control system market.

High cost of transmission control system

A transmission control system is similar to electronic control unit but is responsible for optimal operation of a modern transaxle or transmission. Many sensors that are used to receive input and provide output to transmission components to ensure efficient operation of transmission are expensive in the market. In addition, apart from direct input from sensors, the transmission control unit also receives some amount of information from engine control unit (ECU) which has high cost associated to it. Furthermore, the replacement cost associated to transmission control unit is between $600 and $750 and transmission control module itself is priced between $580 and $610.  Thus, high cost of transmission control system and components related to is anticipated to hinder the growth of transmission control system market.

Production of active shift control transmission

Leading automobile manufacturers are working with a focus on development of active shift control transmission system. For instance, Hyundai Motor Group, an automobile manufacturer has developed and launched active shift control (ASC) transmission or hybrid vehicles, which is first of its kind. This new transmission system optimizes transmission efficiency by monitoring gearshifts up to 500 times in one second and adjusting the transmission coronation speed for fast shift times. In addition, timing of gear shifts is improved by 30% and this technology helps in improving fuel economy of the automobiles. Further, the ASC technology allows hybrid vehicles to take control of shifting gears by applying new software logic to the hybrid control unit (HCU). This, in turn, controls the electric motor to align the gearbox and engine and makes the gear shift smoother and quicker. Thus, production of active shift control transmission systems is anticipated to provide a remarkable growth opportunity for players operating in the market.

Key Benefits for Stakeholders

• This study presents the analytical depiction of the global transmission control system market analysis along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global transmission control system market with a detailed impact analysis.
• The current market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.

 Transmission Control System Market Report Highlights