Overview and Scope
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.
Sizing and Forecast
The transmission sales market size has grown strongly in recent years. It will grow from $16.86 billion in 2024 to $18 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. 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 $23.49 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. 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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Segmentation & Regional Insights
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
Top 5 Major Players:
- IDEXX Laboratories Inc
- VCA Animal Hospitals incorporated
- Royal GD, C. H
- Boehringer Sohn AG & Co. KG
- Zoetis Inc
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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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the transmission sales market report are 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.
The transmission sales market report table of contents includes:
1. Executive Summary
2. Transmission Sales Market Characteristics
3. Transmission Sales Market Trends And Strategies
4. Transmission Sales Market – Macro Economic Scenario
5. Global Transmission Sales Market Size and Growth
…..
31. Global Transmission Sales Market Competitive Benchmarking
32. Global Transmission Sales Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Transmission Sales Market
34. Transmission Sales Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Transmission Sales Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Transmission Sales Market, Segmentation By Compression Media, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Transmission Sales Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 75: Caterpillar Inc. Financial Performance
Table 76: Cummins Inc. Financial Performance
Table 77: PJSC Gazprom Financial Performance
Table 78: Siemens AG Financial Performance
Table 79: General Electric Company Financial Performance
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