Global Transmission Repair Market Size & Outlook
The transmission repair industry worldwide is expected to reach a projected revenue of US$ 274,797.5 million by 2030. A compound annual growth rate of 3% is expected of the worldwide transmission repair industry from 2024 to 2030.
Revenue, 2023 (US$M)
$222,956.1
Forecast, 2030 (US$M)
$274,797.5
CAGR, 2024 - 2030
3%
Report Coverage
Worldwide
Global transmission repair market, 2018-2030 (US$M)
Global transmission repair market highlights
- The global transmission repair market generated a revenue of USD 222,956.1 million in 2023 and is expected to reach USD 274,797.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3% by 2030.
- In terms of segment, passenger vehicles accounted for a revenue of USD 222,956.1 million in 2023.
- Passenger Vehicles is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 222,956.1 million |
| Market revenue in 2030 | USD 274,797.5 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Passenger vehicles |
| Fastest growing segment | Passenger Vehicles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicles |
Other key industry trends
- In terms of revenue, the North America accounted for 30.9% of the global transmission repair market in 2023.
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Transmission Repair Market Scope
Transmission repair market segmentation & scope
Repair type
Transmission General Repair
Overhaul
Component
Gaskets & Seals
Transmission Filters
Clutch Plate
Gear
Oil Pump
Other component
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Transmission Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global transmission repair market size, by regions, 2018-2030 (US$M)
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