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Last Updated: Apr 25, 2025 | Study Period:
Seamless freight movement is what fuels mega economies. In North America, more than 66% of the trade that happens between the participating countries the US, Canada and Mexico happens via Trucks. Other modes of transportation like rail. air pipeline when cumulatively combined carry only the remaining 34% of the freight.
Trucks also have a major role in multi-modal shipments, more often than not providing the first and last mile connectivity to factories, warehouses, and stores. All of this puts a lot of load on road infrastructure which has resulted in a huge amount of traffic congestion on highways but in spite of everything Trucks still, continue to play a major role in freight movement, globally.
In India, since most of the trucks are powered by comparatively lower capacity engines, the transmission torque rating is consequently lower.
TATA provides following gearboxes on its LCVs range.
ZF is supplying transmission to all major truck manufacturers in India including Tata Motors, Ashok Leyland and Eicher on their higher tonnage trucks.
The class 8 trucks have long been known to specced with manual transmission, more often called âStickâ in the North American region. Even now, the share of manual transmission in Class 8 trucks in North America is more than 60%.
Low cost, higher reliability and the older generation being familiar with manuals is the reason for its dominant share. But, with growing driver shortage and higher skills required to operate a manual is making way for a larger share of AMT in North America. The 5% better fuel economy offered by AMT is an added bonus.
Some of the recent facts supporting this move are put below:-
The global truck transmission market size is estimated at $XX Billion in 2020, growing at --% CAGR till 2025
Allison Transmission announced a US$15 million investment in Autotech Ventures, a venture capital business dedicated to "helping pave the path for the next frontier of mobility." Autotech, based in Silicon Valley, invests in and consults with early-stage transportation technology firms that are focused on connectivity, autonomy, sharing, electrification, and digitisation.
Autotech claims to have "unique ability to engage and promote companies that will impact the future of the mobility sector" because of its ground transportation experience. The Autotech investment, according to Allison, will offer it with direct access to important startups, venture capital experience, and thoroughly vetted high-tech companies in strategic areas of the transportation industry.
As the commercial vehicle landscape evolves, Allison recognises that a range of technology will be necessary to cover it. Allison will also benefit from Autotech's technology scouting, absorption, and team development capabilities, which provide insight into transportation technology market intelligence and enable agility in rapidly changing markets while supplementing corporate research and development and business development capabilities.
Daimler trucks and Volvo truckmanufacture almost all transmissions in-house. Allison Transmission is the global leader in manufacturing automatic transmission for commercial vehicles and US is its biggest market.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type |
| 19 | Market Segmentation, Dynamics and Forecast by Application |
| 20 | Market Segmentation, Dynamics and Forecast by End use |
| 21 | Product installation rate by OEM, 2024 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2024 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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