The Business Research Company’s report on the Transmission Sales Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the transmission sales market?
The growing shale gas production activities are expected to propel the growth of the transmission sales market going forward. Shale gas refers to trapped natural gas found in shale rocks. Shale gas production helps with transmission sales and storage as natural gas is transported over great distances through high-pressure pipelines. It begins with the processing of shale gas, among other natural gases. For instance, in January 2022, according to the Center for Strategic and International Studies, a US-based non-profit organization, in the first three quarters of 2021, 20 of the United States shale producers earned a free cash flow of around $36 billion. Therefore, the growing shale gas production activities are driving the growth of the transmission sales market.
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How has the transmission sales market size evolved, and what are the latest forecasts for its expansion?
The transmission sales market size has grown strongly in recent years. It will grow from $17.96 billion in 2024 to $19.14 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to vehicle demand, fuel efficiency regulations, global economic trends, consumer preferences.
The transmission sales market size is expected to see strong growth in the next few years. It will grow to $25.64 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to electric vehicle adoption, autonomous vehicles, government policies, global market expansion. Major trends in the forecast period include shift to automatic transmissions, electrification dominance, advanced driver assistance systems (ADAS), lightweight materials, ai and machine learning integration, modular and scalable designs, market consolidation.
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Which major companies dominate the transmission sales market?
Major companies operating in the transmission sales market include Caterpillar Inc., Cummins Inc., PJSC Gazprom, Siemens AG, General Electric Company, Allison Transmission Inc., ZF Friedrichshafen AG, Mister Transmission Ltd., Lee Myles Autocare & Transmission, ABB Ltd., Schaeffler Technologies AG & Co. KG, Continental AG, Power Sales Group Inc., Duke Energy Corporation, Hyundai Heavy Industries Co. Ltd., Ingersoll Rand Inc., Schneider Electric SE, Mitsubishi Electric Corporation, Eaton Corporation plc, Toshiba Corporation, Hitachi Ltd., Alstom SA, CG Power and Industrial Solutions Limited, Bharat Heavy Electricals Limited, Larsen & Toubro Limited, Powell Industries Inc., S&C Electric Company, Eimco Electro-Mechanicals Co. Ltd., Emerson Electric Co., Prysmian Group S. p. A., Nexans S. A., NKT A/S, LS Cable & System Ltd.
What trends will shape the future of the transmission fluids market?
Technological advancement is the key trend gaining popularity in the transmission sales market. Major companies operating in transmission sales are involved in introducing new technologies in their product offerings to sustain their position in the transmission sales market. For instance, in February 2023, GE Digital, a US-based software industry company, announced GridOS software for grid orchestration. GridOS is a platform and application suite enabling secure and reliable grid management while delivering the resiliency and flexibility needed by utilities worldwide. It is designed to modernize and transform the electric grid into the clean energy grid of the future. GridOS integrates energy data, network modeling, and AI/ML-driven analytics to power a suite of intelligent applications developed by GE, utilities, and GridOS partners.
Which region dominates the transmission sales market, and what factors contribute to its leadership?
Europe was the largest region in the global transmission sales market in 2024.The regions covered in the transmission sales market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Transmission Sales Market Report 2025, Analysis And Insights
How is the transmission sales market segmented, and which segment holds the largest share?
The transmission sales market covered in this report is segmented –
1) By Type: Reciprocating, Rotary, Centrifugal, Axial Flow
2) By Compression Media: Air Compressor, Gas Compressor
3) By Application: Artificial Lift, Gas Processing Station, LNG And FPS, Storage And Facilities, Other Application
4) By End-User: Oil And Gas, Power Generation, Water And Wastewater Management, Other End User
Subsegments:
1) By Reciprocating: Piston Compressors, Diaphragm Compressors
2) By Rotary: Gear Pumps, Vane Pumps, Screw Compressors
3) By Centrifugal: Single-Stage Centrifugal Pumps, Multi-Stage Centrifugal Pumps
4) By Axial Flow: Axial Flow Pumps, Mixed Flow Pumps
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How is the transmission sales market defined, and what are its core characteristics?
Transmission sales refer to the process of moving energy through simple machines, links, and mechanical power transmission components from its source to the location where it is used for work. Transmission sales are used to deliver efficient gas processing for control and safety systems.
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