Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market Analysis by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Transmission Oil Pump and Transmission System), Oil Pump Product Type (Fixed Displacement Pump and Variable Displacement Pump), Oil Pump Type (Vane Type, Gear Type, and Rotor Type), Transmission System Type (Manual Transmission, Automatic Transmission, and Automated Manual Transmission), Vehicle Type [MCV (Class III and Class VI) and HCV (Class VII to Class VIII)], and Powertrain Type (Internal Combustion Engine, Electric, and Hybrid)

Report Date : Oct 2021
Report Code : TIPRE00025228

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 207

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The commercial vehicle transmission oil pump and transmission system market in Europe is expected to grow from US$ 5709.32 million in 2021 to US$ 8205.89 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.

The market is expected to grow because of technological improvements and the evolution of transmission systems to suit performance needs across various vehicle types, such as HCVs and passenger vehicles. Advanced techniques, such as Automated Manual Transmission (AMT), are used by automotive OEMs to minimize fuel consumption and CO2 emissions while preserving performance. The Environmental Protection Agency (EPA) and the Nationwide Highway Traffic Safety Administration (NHTSA) worked together to create a national program for greenhouse gas emissions (GHG) and fuel efficiency requirements for light-duty automobiles (passenger cars and trucks). Phase 1 covered model years 2012 to 2016, while Phase 2 covered model years 2017 to 2025. Moreover, the growth of CO2 restrictions continues to be the fundamental driver of automobile technology advancements. The need for greenhouse gas-neutral powertrains drives the development of electrified systems and the search for feasible options for alternative, low-carbon fuels. Furthermore, The European CO2 emissions target for 2020–2021, defined by Regulation (EU) No 333/2014 for passenger cars and Regulation (EU) No 253/2014 for light commercial vehicles, was established in 2014. Based on the NEDC test process, the regulations provide a phase-in of the 95 gCO2/km target for passenger cars in 2020 and 2021, with the top 5% of emitters being removed in the first year. The objective for light commercial vehicles (LCV) is 147 g CO2/km by 2020. Furthermore, the 2025 CO2 reduction target for passenger cars and light trucks is -15 percent, lower than the 2021 aim. Compared to the baseline year of 2021, the 2030 targets for passenger cars are -37.5 percent and -31%, respectively.

The impact of the COVID-19 outbreak pandemic differs from country to country across Europe as selected countries such as Italy, France, Germany, and the UK had recorded an increase in the number of COVID-19 confirmed cases and subsequently imposed strict and long lockdown periods or social isolation. However, Western European countries such as Germany, France, and the UK have seen comparatively modest growth in industrial activities due to the strong healthcare system. To protect citizens from the infection of novel coronavirus that causes COVID-19, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify the signs of COVID-19 and diagnose the same.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe commercial vehicle transmission oil pump and system market. The Europe commercial vehicle transmission oil pump and transmission system market is expected to grow at a good CAGR during the forecast period.
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Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market Segmentation

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Offering

Transmission Oil Pump
Transmission System

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Oil Pump Product Type

Fixed Displacement Pump
Variable Displacement Pump

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Oil Pump Type

Vane Type
Gear Type
Rotor Type

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Transmission Type

Manual Transmission
Automatic Transmission
Automated Manual Transmission

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Vehicle Type

MCV (Class III and Class VI)
HCV (Class VII to Class VIII)

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Powertrain Type

Internal Combustion Engine
Electric
Hybrid

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – By Country

France
Germany
UK
Italy
Russia
Rest of Europe

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market – Companies Mentioned

Allison Transmission Holding INC
Daimler AG
Eaton Group
Mack Trucks
Scania
Sinotruk (Hong Kong) Limited
Shaanxi Fast Auto Drive Co. Ltd.
Volvo AG
Voith GmbH & Co. KGaA
ZF Friedrichshafen AG
Hyundai Transys
Mahle GmbH
Concentric AB
SHW AG
BorgWarner Inc.
Scherzinger Pumpen GmbH & Co. KG
SLPT
Vitesco Technologies

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Report Scope

Report Attribute	Details
Market size in 2021	US$ 5709.32 Million
Market Size by 2028	US$ 8205.89 Million
Global CAGR (2021 - 2028)	5.3%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Offering Transmission Oil Pump and Transmission System By Oil Pump Product Type Fixed Displacement Pump and Variable Displacement Pump By Oil Pump Type Vane Type Gear Type Rotor Type By Transmission System Type Manual Transmission Automatic Transmission Automated Manual Transmission
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Allison Transmission Holding INC Daimler AG Eaton Group Mack Trucks Scania Sinotruk (Hong Kong) Limited Shaanxi Fast Auto Drive Co. Ltd. Volvo AG Voith GmbH & Co. KGaA

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Europe Commercial Vehicle Transmission Oil Pump and Transmission System Market Report Snapshots

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