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Stock impact report

EV Transmission System Market Set to Total USD 53342.8 Million by 2034 Amid Rising Requirement for Lightweight and Efficient Battery Solutions [Yahoo! Finance]

Allison Transmission Holdings, Inc. (ALSN) 
Last allison transmission holdings, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.allisontransmission.com
Company Research Source: Yahoo! Finance
Asia , particularly India with its high projected CAGR, is becoming a dominant region due to its manufacturing base and government initiatives. While single-speed transmissions are currently leading the market, technological advancements in response to the rise of autonomous vehicles will likely shape the future of this industry. Collaborations between automakers and suppliers are expected to drive further improvements in efficiency, weight reduction, and overall system performance. NEWARK, Del. June 13, 2024 /PRNewswire/ -- According to Future Market Insights, Inc., the global EV transmission system industry , valued at USD 5157.3 million in 2019, rose at a CAGR of from 2019 to 2023. The market reached a value of USD 8799.9 million by 2023. The market is expected to reach a value of USD 10366.2 million in 2024 and USD 53342.8 million by 2034. Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-16027 Show less Read more
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