Allison Transmission Holdings, Inc. Common Stock (ALSN)

Competitors to Allison Transmission Holdings, Inc. Common Stock (ALSN)

BorgWarner Inc. 

BorgWarner competes with Allison Transmission primarily in the realm of powertrain technologies and propulsion systems. While Allison focuses on medium and heavy-duty automatic transmissions for trucks and buses, BorgWarner offers a diverse range of drivetrain components, including electric vehicle power electronics and hybrid systems. The competition intensifies as both companies pivot toward electrification, with BorgWarner leveraging its broad portfolio of electrification products, which positions it as a leader in the evolving automotive landscape.

Dana Incorporated 

Dana focuses on providing drivetrain and sealing technologies for various vehicles, including commercial trucks. Their offerings, such as axle systems and electric propulsion solutions, intersect with Allison's product lines. Although both companies have recently increased their focus on electrification, Dana's experience in the off-highway and light vehicle segments helps differentiate its competitive advantage, particularly in specialized applications not covered by Allison.

Eaton Corporation plc 

Eaton Corporation and Allison Transmission both serve the commercial vehicle segment, but Eaton's strengths lie in producing electrical, hydraulics, and power management solutions. Eaton's offering of automatic transmissions and hybrid systems competes directly with Allison's products; however, Eaton's strong presence in electrical solutions provides a significant advantage as the industry shifts toward electrification. This positions Eaton favorably in a growing market for electric vehicles, while Allison remains focused primarily on traditional automatic transmissions.

Voith GmbH

Voith is a significant player in the transportation sector, offering driveshafts and transmission systems, primarily focusing on rail and commercial vehicles. Although smaller in the automatic transmission market, Voith's expertise in fluid transfer systems presents competition to Allison in specific niches, particularly in bus and rail applications. However, Allison’s established reputation and comprehensive product portfolio provide it with a competitive edge in the more populous truck market, though Voith arguably has stronger ties in specific sectors.

ZF Friedrichshafen AG

ZF Friedrichshafen is a global leader in drivetrain and vehicle technology, competing with Allison in advanced transmission systems, including automatic and dual-clutch transmissions. ZF's technical expertise in electronic controls and automation gives it a strong foothold in the passenger vehicle segment, as well as heavy-duty applications. With a strong investment in electric mobility, ZF is positioned to lead the transition to electric and hybrid powertrains, providing it with a competitive edge over Allison in evolving markets.