
Automotive Advanced Shifter System Market to Hit $18.1 Billion by 2031, Propelled by Smart Transmission Technologies

Automotive Advanced Shifter System Market Growth
WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 30, 2025 /EINPresswire.com/ -- Rise in adoption of lightweight systems for fuel efficiency, increase in demand for driver & passenger safety, comfort, & luxury, and surge in demand for automatic transmission propel the growth of the global automotive advanced shifter system market. Region-wise, the market in Asia-Pacific is expected to dominate in terms of revenue and would grow at the fastest CAGR of 6.3% during the forecast period.
According to the report published by Allied Market Research, the global automotive advanced shifter system market size generated $10.9 billion in 2021, and is estimated to reach $18.1 billion by 2031, witnessing a CAGR of 5.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
๐ฐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/31863
๐๐๐๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐ฌ๐ก๐ข๐๐ญ๐๐ซ ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ณ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐๐ญ๐ฌ๐ฎ๐ฆ๐ข๐ญ๐๐ ๐๐จ., ๐๐ญ๐., ๐๐๐ฅ๐ญ๐ ๐๐จ๐ ๐ฒ๐จ ๐๐จ., ๐๐ญ๐., ๐๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐๐ข๐ฌ๐ฌ๐ฆ๐๐ง๐ง ๐๐ซ๐จ๐ฎ๐ฉ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐, ๐ ๐ข๐๐จ๐ฌ๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐.๐., ๐ ๐ฎ๐ฃ๐ข ๐๐ข๐ค๐จ ๐๐จ., ๐๐ญ๐., ๐๐๐๐, ๐๐ง๐., ๐๐จ๐ง๐ ๐ฌ๐๐๐ซ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐, ๐รผ๐ฌ๐ญ๐๐ซ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐ฆ๐๐, ๐๐๐จ๐ฉ๐จ๐ฅ๐ ๐๐จ๐ฌ๐ญ๐๐ฅ ๐๐ฆ๐๐ & ๐๐จ. ๐๐, ๐&๐ ๐๐ฅ๐ฅ๐ข๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ, ๐๐ซ๐ฌ๐๐ก๐๐ฅ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ, ๐๐ข๐ฅ๐ ๐๐ซ๐จ๐ฎ๐ฉ (๐๐ข๐ฅ๐๐ญ๐๐๐ก ๐๐ซ๐ฅ), ๐๐ญ๐จ๐ง๐๐ซ๐ข๐๐ ๐ ๐๐ง๐., ๐๐ง๐ ๐๐ ๐ ๐ซ๐ข๐๐๐ซ๐ข๐๐ก๐ฌ๐ก๐๐๐๐ง ๐๐.
The report offers a detailed ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐ฌ๐ก๐ข๐๐ญ๐๐ซ ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ, ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐ญ๐ฒ๐ฉ๐, ๐ฉ๐ซ๐จ๐ฉ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
โก๏ธ Based on technology, the automatic shifter segment held the largest share of more than four-fifths of the global automotive advanced shifter system market in 2021, and would maintain its leadership in terms of revenue through 2031. However, the shift-by-wire (SBW) segment is estimated to witness the fastest CAGR of 7.3% during the forecast period.
๐ฐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/31863
โก๏ธ Based on component, the electronic control unit (ECU) segment was the largest in 2021, capturing two-fifths of the global automotive advanced shifter system market share, and would lead the trail through 2031. The same segment is estimated to witness the fastest CAGR of 6.3% during the forecast period. The report also analyzes the can module, solenoid actuator, and others segments.
โก๏ธ Based on vehicle type, the passenger car segment was the largest in 2021, grabbing nearly three-fourths of the global automotive advanced shifter system market share and is estimated to dominate in terms of revenue during the forecast period. The same segment would witness the fastest CAGR of 5.9% during the forecast period.
โก๏ธ Based on propulsion, the ICE segment was the largest in 2021, grabbing more than 90% of the global automotive advanced shifter system market share and is estimated to dominate in terms of revenue during the forecast period. However, the electric and hybrid segment would witness the fastest CAGR of 16.5% during the forecast period.
๐ฐ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-advanced-shifter-system-market/purchase-options
โก๏ธ Based on region, the market in Asia-Pacific was the largest in 2021, accounting for more than one-third of the global automotive advanced shifter system market share and would maintain its dominance during the forecast period. The same segment is likely to manifest the highest CAGR of 6.3% from 2022 to 2031. The other regions analyzed in the study include North America, Europe, and LAMEA.
Covid-19 Scenario:
โพ The implementation of stringent lockdowns and ban on import-export of essential raw material items during the COVID-19 pandemic led to reduced availability of important raw materials for vehicle components, which negatively impacted the market for automotive advanced shifter system market.
โพ The disruption in supply chain brought in by the pandemic had a negative impact on the automobile industry's competitiveness, economic growth, and job losses. The production of critical raw materials like steel, which are used to make automotive shifter systems hampered the supply of automotive shifter systems globally. Moreover, financial and liquidity problems compelled firms to cut down expenditure on R&D activities.
โพ However, with COVID-19 cases declining globally and the measures and restrictions being eased, the production of vehicles surged as automotive manufacturers focused on the development of new products and announced strategic expansion and collaboration across the industry. Thus, the market recovered gradually.
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Allied Market Research
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