Transmission Repair Market - Know Faster Growing Segments Now (2024)

COMPANIES PROFILED

  • Allison Transmission Holdings Inc. (United States)
  • ZF Friedrichshafen AG (Germany)
  • BorgWarner Inc. (United States)
  • Schaeffler AG (Germany)
  • Continental AG (Germany)
  • Mister Transmission (Canada)
  • AAMCO Transmissions and Total Car Care (United States)
  • AISIN SEIKI Co., Ltd. (Japan)
  • Lee Myles Autocare & Transmission (United States)
  • Jiffy Lube International, Inc. (United States)
  • Driven Brands, Inc (United States)
  • Firestone Complete Auto Care (United States)
  • Cottman Transmission and Total Auto Car (United States)

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About Transmission Repair

Transmission repair services deal with services such as the diagnosis and repair of automotive transmission systems. It includes manual, automatic, and continuously variable transmissions (CVT) types of transmissions. Some of the services include simple fluid changes and filter replacement or clutch replacements, a transmission rebuild among others. Technicians diagnose errors and make the required fixes using diverse diagnostic tools and equipment to guarantee the effectiveness of vehicles. The market also contains products such as aftermarket parts and components that are vital for transmission repairing hence providing many varieties depending on vehicles’ brands and types. Moreover, developments in technology have seen the use of electronic parts and computerized programs in identifying and solving issues related to the transmission systems.

The structure of the transmission repair market is comprised of independent repair centers, dealerships, and transmission repair chains. Many independent shops focus on better customer relations and affordable prices to appeal to various consumers. Dealership service centers rely on brand familiarity and direct access to OEM parts and appeal to consumers looking for an authorized repair. Many transmission repair companies are geared toward fixing transmission problems and may come with guarantees and networks of shops across the country. The pressure to compete on issues of service delivery, time, cost and technological sophistication result in providers trying to find competitive niches in specializations, customer service and partnerships with parts and technologies suppliers. Well-established, as well as emerging players, should take a closer view of their existing organizations and reinvent traditional business and operating models to adapt to the future.

Allison Transmission Holdings Inc. (United States), ZF Friedrichshafen AG (Germany), BorgWarner Inc. (United States), Schaeffler AG (Germany), Continental AG (Germany), Mister Transmission (Canada), AAMCO Transmissions and Total Car Care (United States), AISIN SEIKI Co., Ltd. (Japan), Lee Myles Autocare & Transmission (United States), Jiffy Lube International, Inc. (United States), Driven Brands, Inc (United States), Firestone Complete Auto Care (United States), Cottman Transmission and Total Auto Car (United States) are some of the key players that are part of study coverage.

ParameterSpecification
Study Period2019-2030
Base Year2023
UnitValue (USD Million)

Transmission Repair Market Key Segment Analysis

HTF Market Intelligence has segmented the Global Transmission Repair market by and Region.

Transmission Repair Market Segmentation:

ScopeSub-Segments
Transmission TypeManual Transmission, Automatic Transmission, Continuously Variable Transmission (CVT), Dual-Clutch Transmission (DCT), Automated Manual Transmission (AMT)
Vehicle TypePassenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles

Transmission Repair Market - Know Faster Growing Segments Now (1)

Based on geography, the market of Transmission Repair has been segmented into Global (North America, South America, Europe, Asia Pacific, MEA). If we see Market by Transmission Type, the sub-segment i.e. Manual Transmission will boost the Transmission Repair market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:

The market trends include the incorporation of sophisticated tools and software in the diagnosis and repair of transmission vehicles. This includes the use of computerized diagnostic systems used by technicians to diagnose a transmission problem and the nature of correction needed. Moreover, one can also observe the trend of shifting towards electronic transmission components and control modules. Moreover, remote diagnostic functions enable continuous supervision and identification of issues related to transmission, thus providing additional comfort to car owners and minimizing the time they must spend on repairing their vehicles. They do not only facilitate repair processes but also increase accuracy and reliability in maintenance and repair of transmission systems.

Market Growth Drivers:

Market drivers for transmission repair include the higher average age of vehicles on the road which implies older vehicles will be more likely to create demand for transmission repair because as vehicles age, they are more likely to develop transmission problems due to wear and tear. Furthermore, new technologies or systems for transmission cause new technical problems that require unique repair skills and instruments to fix, making the market broader. Also, the increase in car ownership and utilization boosts the need for transmission repair services, as more cars on the road entail a higher likelihood of transmission complications.

Challenges:

The challenges that can affect the transmission repair market segment are the lack of mechanics experienced enough to work on the highly computerized new generation transmissions. Further, the high costs of transmission repair and, particularly the transmission assemblies are expensive and may discourage car owners hence resulting in delayed or even deferred transmission repair services. Also, there is a challenge in updating with the latest advancement and tools needed in fixing the cars in the current market through training and purchasing of tools needed for diagnosis and repair.

Opportunities:

Market opportunities that are associated with the transmission repair segment are the continually increasing need for elaborate repair solutions for electric and hybrid vehicle transmission due to innovations in green automotive technologies. Additionally, the growth of the aftermarket parts market offers prospects for suppliers who may deliver better and new parts for different models of automobiles and various kinds of transmission. Furthermore, as the complexity of transmission systems rise it means continuing education or upgrading of skills by the technicians, thus leading to opportunities for educational and training institutions to offer certification and comprehensive courses in transmission repair and maintenance. Furthermore, as cars continue to get more connected, there is potential in incorporating transmission diagnosis into the vehicle health management systems making it possible to prevent breakdowns and improve customer experience.On 21st February 2024, Transtar Industries is expanding its product offerings to include general repair product lines in four new markets of Cleveland and Mentor, OH; Pittsburgh, PA; and its newest location in Dallas, TX. In addition, the company announced that C&M Auto Parts has opened two new locations in the New Jersey market. C&M Auto Parts will offer general repair parts at its Lakewood, NJ, location and add Transtar Industries transmission repair parts to its new Pennsauken, NJ, location. The company plans to increase the number of facilities with both transmission and general repair products.On 6th May 2024, Schaeffler, a motion technology company, disclosed a new partnership with Automotive Transmission Service Group (ATSG), becoming its primary sponsor. Under this collaboration, Schaeffler will offer continuous technical education support to ATSG members. ATSG, renowned for providing technical assistance and repair guidance to transmission technicians for nearly four decades, stands to benefit significantly from this alliance.

About Approach

  • To evaluate and validate the market size various sources including primary and secondary analysis are utilized. HTF MI research follows regulated industry standards to have a better understanding of the market. The market study is conducted based on 200+ companies dealing in the market in regional as well as global areas to understand the companies' positioning regarding the market value, market size, and market share at different levels like peer market and substitute products.
  • In the secondary research process, various sources are used to identify and gather industry trends and information for the research process. We at HTF have access to some of the most diversified and extensive paid databases, which give us the most accurate data/information on market sizes and pricing. Mentioned below is a detailed list of sources that have been used for this study. Please note that this list is not limited to the names as mentioned; we also access other data sources depending on the need. Notable examples include white papers, government statistics published by organizations like WHO, NGOs, World Bank, etc., KoL publications, company filings, investor documents, etc.
  • The primary research is performed by conducting interviews with executives of various companies dealing in the market as well as using survey reports, research institutes, and the latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections including email communication, telephonic, skype, LinkedIn Group, Community Forums, open Survey, etc.

Chapter 1: Introduction

  • 1.1 Global Transmission Repair Market Overview
  • 1.2 Market Definition & Scope
  • 1.3 Key Findings & Benefits to Stakeholders

Chapter 2: Executive Summary

  • 2.1 Global Transmission Repair Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Competitition Outlook

Chapter 3: Global Transmission Repair Market Growth Determinants & Changing Dynamics

  • 3.1 Growth Drivers
  • 3.2 Available Opportunities
  • 3.3 Influencing Trends
  • 3.4 Restraint & Challenges
  • 3.5 Regional Dynamics

Chapter 4: Global Transmission Repair Market Factors Analysis & Macro-Economic View

  • 4.1 Current Scenario
  • 4.2 PESTEL Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Power
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Degree of Competition
  • 4.4 Roadmap of Transmission Repair Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Government Policies and Regulatory Factors
  • 4.8 Value Chain Analysis

Chapter 5: Transmission Repair : Competition & Performance Analysis

  • 5.1 Global Transmission Repair Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Transmission Repair Revenue (2023)
  • 5.3 BCG Matrix
  • 5.4 Market Entropy
  • 5.5 FPNV Positioning Matrix
  • 5.6 Heat Map Analysis

Chapter 6: Global Transmission Repair by Type, by Transmission Type and by Vehicle Type (2019-2030) Value (USD Million)

  • 6.2 Global Transmission Repair Market Revenue Analysis (USD Million) by Type (2019-2030)
  • 6.3 Global Transmission Repair Market Revenue Analysis (USD Million) by Application (2019-2030)
  • 6.4 Global Transmission Repair Market Revenue Analysis (USD Million) by Transmission Type (2019-2030)
  • 6.5 Global Transmission Repair Market Revenue Analysis (USD Million) by Vehicle Type (2019-2030)

Chapter 7: Global Transmission Repair Market Historical & Forecast Size by Country; Value (USD Million) [2019-2030]

  • 7.1 North America
    • 7.1.1 North America Transmission Repair Market by Country; Value (USD Million) [2019-2030]
      • 7.1.1.1 United States
      • 7.1.1.2 Canada
      • 7.1.1.3 Mexico
    • 7.1.2 North America Transmission Repair Market by Type; Value (USD Million) [2019-2030]
    • 7.1.3 North America Transmission Repair Market by Application; Value (USD Million) [2019-2030]
    • 7.1.4 North America Transmission Repair Market by Transmission Type; Value (USD Million) [2019-2030]
    • 7.1.5 North America Transmission Repair Market by Vehicle Type; Value (USD Million) [2019-2030]
  • 7.2 South America
    • 7.2.1 South America Transmission Repair Market by Country; Value (USD Million) [2019-2030]
      • 7.2.1.1 Brazil
      • 7.2.1.2 Argentina
      • 7.2.1.3 Chile
      • 7.2.1.4 Rest of South America
    • 7.2.2 South America Transmission Repair Market by Type; Value (USD Million) [2019-2030]
    • 7.2.3 South America Transmission Repair Market by Application; Value (USD Million) [2019-2030]
    • 7.2.4 South America Transmission Repair Market by Transmission Type; Value (USD Million) [2019-2030]
    • 7.2.5 South America Transmission Repair Market by Vehicle Type; Value (USD Million) [2019-2030]
  • 7.3 Europe
    • 7.3.1 Europe Transmission Repair Market by Country; Value (USD Million) [2019-2030]
      • 7.3.1.1 Germany
      • 7.3.1.2 France
      • 7.3.1.3 Italy
      • 7.3.1.4 United Kingdom
      • 7.3.1.5 Benelux
      • 7.3.1.6 Nordics
      • 7.3.1.7 Rest of Europe
    • 7.3.2 Europe Transmission Repair Market by Type; Value (USD Million) [2019-2030]
    • 7.3.3 Europe Transmission Repair Market by Application; Value (USD Million) [2019-2030]
    • 7.3.4 Europe Transmission Repair Market by Transmission Type; Value (USD Million) [2019-2030]
    • 7.3.5 Europe Transmission Repair Market by Vehicle Type; Value (USD Million) [2019-2030]
  • 7.4 Asia Pacific
    • 7.4.1 Asia Pacific Transmission Repair Market by Country; Value (USD Million) [2019-2030]
      • 7.4.1.1 China
      • 7.4.1.2 Japan
      • 7.4.1.3 India
      • 7.4.1.4 South Korea
      • 7.4.1.5 Australia
      • 7.4.1.6 Southeast Asia
      • 7.4.1.7 Rest of Asia-Pacific
    • 7.4.2 Asia Pacific Transmission Repair Market by Type; Value (USD Million) [2019-2030]
    • 7.4.3 Asia Pacific Transmission Repair Market by Application; Value (USD Million) [2019-2030]
    • 7.4.4 Asia Pacific Transmission Repair Market by Transmission Type; Value (USD Million) [2019-2030]
    • 7.4.5 Asia Pacific Transmission Repair Market by Vehicle Type; Value (USD Million) [2019-2030]
  • 7.5 MEA
    • 7.5.1 MEA Transmission Repair Market by Country; Value (USD Million) [2019-2030]
      • 7.5.1.1 Middle East
      • 7.5.1.2 Africa
    • 7.5.2 MEA Transmission Repair Market by Type; Value (USD Million) [2019-2030]
    • 7.5.3 MEA Transmission Repair Market by Application; Value (USD Million) [2019-2030]
    • 7.5.4 MEA Transmission Repair Market by Transmission Type; Value (USD Million) [2019-2030]
    • 7.5.5 MEA Transmission Repair Market by Vehicle Type; Value (USD Million) [2019-2030]

Chapter 8: Global Transmission Repair Market: Company Profiles

  • 8.1 Allison Transmission Holdings Inc. (United States)
    • 8.1.1 Company Overview
    • 8.1.2 Product/Service Portfolio & Specifications
    • 8.1.3 Key Financial Metrics
    • 8.1.4 SWOT Analysis
    • 8.1.5 Development Activities
  • 8.2 ZF Friedrichshafen AG (Germany)
  • 8.3 BorgWarner Inc. (United States)
  • 8.4 Schaeffler AG (Germany)
  • 8.5 Continental AG (Germany)
  • 8.6 Mister Transmission (Canada)
  • 8.7 AAMCO Transmissions and Total Car Care (United States)
  • 8.8 AISIN SEIKI Co., Ltd. (Japan)
  • 8.9 Lee Myles Autocare & Transmission (United States)
  • 8.10 Jiffy Lube International, Inc. (United States)
  • 8.11 Driven Brands, Inc (United States)
  • 8.12 Firestone Complete Auto Care (United States)
  • 8.13 Cottman Transmission and Total Auto Car (United States)

Chapter 9: Research Findings & Conclusion

Chapter 10: Methodology and Data Source

  • 10.1 Research Methodology & Approach
    • 10.1.1 Research Program/Design
    • 10.1.2 Market Size Estimation
    • 10.1.3 Market Breakdown and Data Triangulation
  • 10.2 Data Source
    • 10.2.1 Secondary Sources
    • 10.2.2 Primary Sources

Chapter 11: Appendix & Disclaimer

  • 11.1 Acronyms & bibliography
  • 11.2 Disclaimer
Scope of Report
By Transmission Type
  • Manual Transmission
  • Automatic Transmission
  • Continuously Variable Transmission (CVT)
  • Dual-Clutch Transmission (DCT)
  • Automated Manual Transmission (AMT)
By Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
Data Collection and Sourcing

The primary research is performed by taking the interviews of executives of various companies dealing in the Transmission Repair Industry as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and relevant list of appointee or target primary respondents; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & In Mail, Community Forums, Open Survey, SurveyMonkey etc.

Key Executives Interviewed

Transmission Repair Market - Know Faster Growing Segments Now (2)

The secondary resources considered in the Global Transmission Repair Market study includes company annual reports, press releases, published articles of organizations and associations, and the survey taken through different mediums such as online website and forums, survey monkey, LinkedIn, etc. In addition, the valuable strategic information obtained from Transmission Repair industry related association, paid database, and investor presentations are also good tool for information to make appropriate iterative validation are used to modify market models and cross-verify primary research data.

Transmission Repair Market Size Estimation Approach

To derive market size estimation of Transmission Repair Market exhaustive secondary and primary research is conducted to gain insights on the market, substitute market and parent market. The research process involved in the study includes various factors affecting the industry, such as government and regulatory policy, business environment, competitive landscape, key performance indicators (KPIs) historical data, current trends in the market, technological enhancements, R&D and the cost cutting benchmarks along with market risks, opportunities, and challenges.

Top-down and bottom-up approaches are used to validate and estimate the Global Transmission Repair market size by manufacturers, regional splits, key business segments and application.

To establish research coverage of the study with most relevant & functional players HTF MI follows industry standards such as NAICS/SIC/ICB/TRCB, furthermore the sorted list of companies is validated using Product Mapping and business activities and shortlisted by industry perspective.

The Transmission Repair market study is conducted on basis of 200+ companies (leaders as well as emerging regional players) dealing in the market with purpose to understand company’s market positioning by value, sales volume and their market share at global and/or regional level.

Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Online) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. from Global Transmission Repair market who then used for appointment generation.

Transmission Repair Market - Know Faster Growing Segments Now (2024)

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