Automotive Transmission Engineering Services Outsourcing Market: Strong Development By Major Eminent Players, Emerging Technology Trends and Forecasts To 2016 - 2024
Two major types of automotive transmission are manual and automatic. Automotive transmission engineering is the most crucial process in the manufacturing of an automobile. Transmission in vehicles allows the flow of power from the engine to the wheels, thereby ensuring the movement of vehicle. Increasing production of vehicles and rising demand for hybrid vehicles are the major factors driving the growth of automotive transmission engineering services outsourcing market . There has been a rising concern regarding the safety of environment due to the huge pollution caused by the emission of gasoline and diesel vehicles. Increasing environmental concerns are driving the government of various countries to encourage automakers to develop eco-friendly vehicles. Government of various countries are motivating automobile companies with tax benefits and subsidies in order to ensure that all vehicles manufactured meet the stringent carbon emission norms. This is driving the demand fo...