North American Class 1-3 Transmissions Replacement Aftermarket Growth Opportunities

Automatic and Continuous Variable Transmissions Present the Strongest Future Growth Potential

This study covers the class 1-3 transmission replacement aftermarket in North America and forecasts market size from 2023 to 2030. The study analyzes passenger and light-duty vehicle transmission replacement trends in the aftermarket and examines the new, used, rebuilt, and remanufactured product segments.

Market forecasts are derived from miles driven, usage patterns, replacement rates, new vehicle sales, and total vehicles in operation (VIO). A breakdown of the transmission replacement aftermarket by unit shipment, revenue, distribution channel, and price is also provided. In addition, the study looks at the competitive environment and the market share of the top participants, offering key supplier profiles. It analyzes the factors driving and restraining growth in this market and identifies the opportunities in this space for market players and stakeholders to leverage. The base year is 2022, and the study period is from 2020 to 2030.

Traditional manual transmissions will see a decline during the forecast period in favor of automatic and continuously variable transmissions, which offer enhanced performance and drivability. Competitors in the transmission aftermarket are expected to shift focus from manuals to automatics over the forecast period. Furthermore, electric vehicles are expected to have a moderate impact on the transmission replacement aftermarket over this period as the supply of traditional transmissions in operation remains high.

Key Issues Addressed

• What is the replacement rate for new, used, remanufactured, and rebuilt transmissions for the class 1-3 vehicle segment?
• What is the market and revenue size for the transmission replacement aftermarket?
• What is the future outlook for this space? What are the pricing trends of the transmission replacement market over the forecast period?
• What are the market trends and challenges for the transmission replacement market?
• What are the current and future strategies that will foster growth for participants in the class 1-3 vehicle transmission replacement aftermarket?