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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.

๐Ÿ”ฐ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/31863

๐‹๐ž๐š๐๐ข๐ง๐  ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐š๐๐ฏ๐š๐ง๐œ๐ž๐ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ž๐ซ ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ง๐š๐ฅ๐ฒ๐ณ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž

๐€๐ญ๐ฌ๐ฎ๐ฆ๐ข๐ญ๐ž๐œ ๐‚๐จ., ๐‹๐ญ๐., ๐ƒ๐ž๐ฅ๐ญ๐š ๐Š๐จ๐ ๐ฒ๐จ ๐‚๐จ., ๐‹๐ญ๐., ๐ƒ๐ฎ๐ซ๐š ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ, ๐„๐ข๐ฌ๐ฌ๐ฆ๐š๐ง๐ง ๐†๐ซ๐จ๐ฎ๐ฉ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž, ๐…๐ข๐œ๐จ๐ฌ๐š ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐’.๐€., ๐…๐ฎ๐ฃ๐ข ๐Š๐ข๐ค๐จ ๐‚๐จ., ๐‹๐ญ๐., ๐†๐‡๐’๐, ๐ˆ๐ง๐œ., ๐Š๐จ๐ง๐ ๐ฌ๐›๐ž๐ซ๐  ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž, ๐Šรผ๐ฌ๐ญ๐ž๐ซ ๐‡๐จ๐ฅ๐๐ข๐ง๐  ๐†๐ฆ๐›๐‡, ๐‹๐ž๐จ๐ฉ๐จ๐ฅ๐ ๐Š๐จ๐ฌ๐ญ๐š๐ฅ ๐†๐ฆ๐›๐‡ & ๐‚๐จ. ๐Š๐†, ๐Œ&๐“ ๐€๐ฅ๐ฅ๐ข๐ž๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ, ๐Ž๐ซ๐ฌ๐œ๐ก๐ž๐ฅ๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, ๐’๐ข๐ฅ๐š ๐†๐ซ๐จ๐ฎ๐ฉ (๐’๐ข๐ฅ๐š๐ญ๐ž๐œ๐ก ๐’๐ซ๐ฅ), ๐’๐ญ๐จ๐ง๐ž๐ซ๐ข๐๐ ๐ž ๐ˆ๐ง๐œ., ๐š๐ง๐ ๐™๐… ๐…๐ซ๐ข๐ž๐๐ซ๐ข๐œ๐ก๐ฌ๐ก๐š๐Ÿ๐ž๐ง ๐€๐†.

The report offers a detailed ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐š๐๐ฏ๐š๐ง๐œ๐ž๐ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ž๐ซ ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐œ๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ, ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ฒ๐ฉ๐ž, ๐ฉ๐ซ๐จ๐ฉ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง, ๐š๐ง๐ ๐ซ๐ž๐ ๐ข๐จ๐ง. 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.

โžก๏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.

๐Ÿ”ฐ ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/31863

โžก๏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.

โžก๏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.

โžก๏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.

๐Ÿ”ฐ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-advanced-shifter-system-market/purchase-options

โžก๏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:

โ—พ 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.
โ—พ 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.
โ—พ 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.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/gear-bicycle-market-A12256 - Global Opportunity Analysis and Industry Forecast, 2022 - 2032

https://www.alliedmarketresearch.com/motorcycle-adas-advanced-driver-assistance-system-market-A07159 - Global Opportunity Analysis and Industry Forecast, 2025-2035

https://www.alliedmarketresearch.com/differential-assembly-starter-motor-and-bevel-gear-market-A09351 - Differential Assembly, Starter Motor and, Bevel Gear Market

https://www.alliedmarketresearch.com/advanced-gear-shifter-system-market - Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/ski-gear-and-equipment-market-A11985 - Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/timing-gear-market-A11993 - Global Opportunity Analysis and Industry Forecast, 2023-2032

David Correa
Allied Market Research
+ 1800-792-5285
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