GLOBAL HYBRID VEHICLE TRANSMISSION MARKET

GENERAL INTRODUCTION

The technology to overcome these issues is available in the vehicle sector. It is a hybrid vehicle. There are several hybrid vehicles available on the market today, and the majority of automakers have stated that they will produce their own versions.

Hybrid cars are actually ubiquitous. Diesel-electric hybrid locomotives are the most common type that we see pulling trains. Diesel-electric buses are available in cities like Seattle; when they are not near overhead lines, they can run on diesel.

Therefore, it is crucial to improve HEV in terms of integrated systems throughout all transportation sectors, not just the automotive industry.

COMPETITIVE LANDSCAPE

The market for hybrid vehicles is currently expanding, and hybrid vehicle powertrain production the automobile industry is currently focusing more of its advances on electric and hybrid vehicles.

This element has a positive impact on the market for hybrid automobiles, which also includes hybrid vehicle transmission.

In a hybrid car, the transmission system combines high-voltage energy storage devices such batteries and power electronics with an internal combustion engine, the transmission, and other traditional powertrain components. 

Vitesco is a leading mobiliser of the equipment in the market. The latest integration has been for plug-in hybrid automobiles, the Dedicated Hybrid Transmission (DHT) is a small automatic gearbox with an integrated high-voltage electric motor on the output side.

The DHT only has four mechanical gears, and the electric motor drives forward and backward motion in the first and second gears. The internal combustion engine is started by a starting generator, which also ensures synchronisation. 

AVL is part of the component manufacture trending companies in the current industry. The Hybrid vehicle powertrain systems integrate modern electric components, such as an electric motor, power electronics, and high voltage energy storage, such a battery, with traditional powertrain elements, such as an internal combustion engine and gearbox.

With the development of a hybrid powertrain system, AVL effectively combines its knowledge of the various individual parts with its capacity to combine those parts into a system that is designed to achieve CO2/fuel consumption reduction goals.

COMPANIES PROFILE

• AVL LIST GmbH
• Magna International (Getrag)
• Oerlikon Graziano SpA
• Allison Transmission Inc.
• Involution Technologies
• Eaton Corporation Plc.
• GKN Plc.
• BorgWarner Inc.
• Continental AG
• Arkema S.A.
• Cabot Corporation
• Chasm Advanced Materials Inc.

GLOBAL HYBRID VEHICLE TRANSMISSION MARKET DEVELOPMENTS AND INNOVATIONS

Growing production of hybrid vehicles in both developing and developed economies is anticipated to be the main driver of the growth of the global hybrid vehicle transmission market over the course of the forecast period.

This is due to the lack of commercialization of hybrid vehicles in developing economies. Additionally, it is projected that in the upcoming ten years, rising consumer desire for cutting-edge technology like hybrid and electric vehicles would fuel the market for hybrid vehicle transmissions.

Apart from that, the global demand for hybrid vehicles would increase due to required compliance with CO2 emission requirements, bolstering the market for hybrid vehicle transmissions.