Selected research
Industry Growth & Trends
Global Electric Shifter Industry Growth and Trends Forecast to 2032
Market perspective
The global Electric Shifter market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Electric Shifter is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Electric Shifter is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Electric Shifter is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Electric Shifter include Accu-Shift, Bosch Rexroth, Curtiss-Wright, Danfoss Power Solutions, Delta-Q Technologies, Eaton Corporation, Enovation Controls, Gessmann and Hydro-Gear, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Electric Shifter market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Electric Shifter market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Electric Shifter market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Electric Shifter.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Electric Shifter market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Electric Shifter Market by Company
Accu-Shift
Bosch Rexroth
Curtiss-Wright
Danfoss Power Solutions
Delta-Q Technologies
Eaton Corporation
Enovation Controls
Gessmann
Hydro-Gear
J.R. Merritt Controls
Kongsberg Automotive
Linak
Moog
Nook Industries
Parker Hannifin
PG Drives Technology
R.B. Enterprises
Rollon
Schneider Electric
SKF
SSS Clutch Company
Suncor Stainless
Thomson Industries
Warner Electric
Zero-Max
Electric Shifter Segment by Type
Padded Shifter
Button Shifter
Rotary Shifter
Electric Shifter Segment by Application
Commercial Vehicle
Passenger Cars
Electric Shifter Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Shifter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Shifter and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Shifter.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electric Shifter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Electric Shifter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Padded Shifter
- Button Shifter
- Rotary Shifter
Applications
- Commercial Vehicle
- Passenger Cars
Companies covered
- Accu-Shift
- Bosch Rexroth
- Curtiss-Wright
- Danfoss Power Solutions
- Delta-Q Technologies
- Eaton Corporation
- Enovation Controls
- Gessmann
- Hydro-Gear
- J.R. Merritt Controls
- Kongsberg Automotive
- Linak
- Moog
- Nook Industries
- Parker Hannifin
- PG Drives Technology
- R.B. Enterprises
- Rollon
- Schneider Electric
- SKF
- SSS Clutch Company
- Suncor Stainless
- Thomson Industries
- Warner Electric
- Zero-Max
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Electric Shifter Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Electric Shifter Sales Estimates and Forecasts (2021-2032)
- 1.3 Electric Shifter Market by Type
- 1.3.1 Padded Shifter
- 1.3.2 Button Shifter
- 1.3.3 Rotary Shifter
- 1.4 Global Electric Shifter Market Size by Type
- 1.4.1 Global Electric Shifter Market Size Overview by Type (2021-2032)
- 1.4.2 Global Electric Shifter Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Electric Shifter Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Electric Shifter Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Electric Shifter Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Electric Shifter Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Electric Shifter Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Electric Shifter Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Electric Shifter Industry Trends
- 2.2 Electric Shifter Industry Drivers
- 2.3 Electric Shifter Industry Opportunities and Challenges
- 2.4 Electric Shifter Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Electric Shifter Revenue (2021-2026)
- 3.2 Global Top Players by Electric Shifter Sales (2021-2026)
- 3.3 Global Top Players by Electric Shifter Price (2021-2026)
- 3.4 Global Electric Shifter Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electric Shifter Major Company Production Sites & Headquarters
- 3.6 Global Electric Shifter Company, Product Type & Application
- 3.7 Global Electric Shifter Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Electric Shifter Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Electric Shifter Players Market Share by Revenue in 2025
- 3.8.3 2025 Electric Shifter Tier 1, Tier 2, and Tier 3
4 Electric Shifter Regional Status and Outlook
- 4.1 Global Electric Shifter Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Electric Shifter Historic Market Size by Region
- 4.2.1 Global Electric Shifter Sales in Volume by Region (2021-2026)
- 4.2.2 Global Electric Shifter Sales in Value by Region (2021-2026)
- 4.2.3 Global Electric Shifter Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Electric Shifter Forecasted Market Size by Region
- 4.3.1 Global Electric Shifter Sales in Volume by Region (2027-2032)
- 4.3.2 Global Electric Shifter Sales in Value by Region (2027-2032)
- 4.3.3 Global Electric Shifter Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Electric Shifter by Application
- 5.1 Electric Shifter Market by Application
- 5.1.1 Commercial Vehicle
- 5.1.2 Passenger Cars
- 5.2 Global Electric Shifter Market Size by Application
- 5.2.1 Global Electric Shifter Market Size Overview by Application (2021-2032)
- 5.2.2 Global Electric Shifter Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Electric Shifter Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Electric Shifter Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Electric Shifter Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Electric Shifter Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Electric Shifter Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Electric Shifter Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Accu-Shift
- 6.1.1 Accu-Shift Company Information
- 6.1.2 Accu-Shift Business Overview
- 6.1.3 Accu-Shift Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Accu-Shift Electric Shifter Product Portfolio
- 6.1.5 Accu-Shift Recent Developments
- 6.2 Bosch Rexroth
- 6.2.1 Bosch Rexroth Company Information
- 6.2.2 Bosch Rexroth Business Overview
- 6.2.3 Bosch Rexroth Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Bosch Rexroth Electric Shifter Product Portfolio
- 6.2.5 Bosch Rexroth Recent Developments
- 6.3 Curtiss-Wright
- 6.3.1 Curtiss-Wright Company Information
- 6.3.2 Curtiss-Wright Business Overview
- 6.3.3 Curtiss-Wright Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Curtiss-Wright Electric Shifter Product Portfolio
- 6.3.5 Curtiss-Wright Recent Developments
- 6.4 Danfoss Power Solutions
- 6.4.1 Danfoss Power Solutions Company Information
- 6.4.2 Danfoss Power Solutions Business Overview
- 6.4.3 Danfoss Power Solutions Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Danfoss Power Solutions Electric Shifter Product Portfolio
- 6.4.5 Danfoss Power Solutions Recent Developments
- 6.5 Delta-Q Technologies
- 6.5.1 Delta-Q Technologies Company Information
- 6.5.2 Delta-Q Technologies Business Overview
- 6.5.3 Delta-Q Technologies Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Delta-Q Technologies Electric Shifter Product Portfolio
- 6.5.5 Delta-Q Technologies Recent Developments
- 6.6 Eaton Corporation
- 6.6.1 Eaton Corporation Company Information
- 6.6.2 Eaton Corporation Business Overview
- 6.6.3 Eaton Corporation Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Eaton Corporation Electric Shifter Product Portfolio
- 6.6.5 Eaton Corporation Recent Developments
- 6.7 Enovation Controls
- 6.7.1 Enovation Controls Company Information
- 6.7.2 Enovation Controls Business Overview
- 6.7.3 Enovation Controls Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Enovation Controls Electric Shifter Product Portfolio
- 6.7.5 Enovation Controls Recent Developments
- 6.8 Gessmann
- 6.8.1 Gessmann Company Information
- 6.8.2 Gessmann Business Overview
- 6.8.3 Gessmann Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Gessmann Electric Shifter Product Portfolio
- 6.8.5 Gessmann Recent Developments
- 6.9 Hydro-Gear
- 6.9.1 Hydro-Gear Company Information
- 6.9.2 Hydro-Gear Business Overview
- 6.9.3 Hydro-Gear Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Hydro-Gear Electric Shifter Product Portfolio
- 6.9.5 Hydro-Gear Recent Developments
- 6.10 J.R. Merritt Controls
- 6.10.1 J.R. Merritt Controls Company Information
- 6.10.2 J.R. Merritt Controls Business Overview
- 6.10.3 J.R. Merritt Controls Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 J.R. Merritt Controls Electric Shifter Product Portfolio
- 6.10.5 J.R. Merritt Controls Recent Developments
- 6.11 Kongsberg Automotive
- 6.11.1 Kongsberg Automotive Company Information
- 6.11.2 Kongsberg Automotive Business Overview
- 6.11.3 Kongsberg Automotive Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Kongsberg Automotive Electric Shifter Product Portfolio
- 6.11.5 Kongsberg Automotive Recent Developments
- 6.12 Linak
- 6.12.1 Linak Company Information
- 6.12.2 Linak Business Overview
- 6.12.3 Linak Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Linak Electric Shifter Product Portfolio
- 6.12.5 Linak Recent Developments
- 6.13 Moog
- 6.13.1 Moog Company Information
- 6.13.2 Moog Business Overview
- 6.13.3 Moog Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Moog Electric Shifter Product Portfolio
- 6.13.5 Moog Recent Developments
- 6.14 Nook Industries
- 6.14.1 Nook Industries Company Information
- 6.14.2 Nook Industries Business Overview
- 6.14.3 Nook Industries Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Nook Industries Electric Shifter Product Portfolio
- 6.14.5 Nook Industries Recent Developments
- 6.15 Parker Hannifin
- 6.15.1 Parker Hannifin Company Information
- 6.15.2 Parker Hannifin Business Overview
- 6.15.3 Parker Hannifin Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Parker Hannifin Electric Shifter Product Portfolio
- 6.15.5 Parker Hannifin Recent Developments
- 6.16 PG Drives Technology
- 6.16.1 PG Drives Technology Company Information
- 6.16.2 PG Drives Technology Business Overview
- 6.16.3 PG Drives Technology Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 PG Drives Technology Electric Shifter Product Portfolio
- 6.16.5 PG Drives Technology Recent Developments
- 6.17 R.B. Enterprises
- 6.17.1 R.B. Enterprises Company Information
- 6.17.2 R.B. Enterprises Business Overview
- 6.17.3 R.B. Enterprises Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 R.B. Enterprises Electric Shifter Product Portfolio
- 6.17.5 R.B. Enterprises Recent Developments
- 6.18 Rollon
- 6.18.1 Rollon Company Information
- 6.18.2 Rollon Business Overview
- 6.18.3 Rollon Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Rollon Electric Shifter Product Portfolio
- 6.18.5 Rollon Recent Developments
- 6.19 Schneider Electric
- 6.19.1 Schneider Electric Company Information
- 6.19.2 Schneider Electric Business Overview
- 6.19.3 Schneider Electric Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 Schneider Electric Electric Shifter Product Portfolio
- 6.19.5 Schneider Electric Recent Developments
- 6.20 SKF
- 6.20.1 SKF Company Information
- 6.20.2 SKF Business Overview
- 6.20.3 SKF Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.20.4 SKF Electric Shifter Product Portfolio
- 6.20.5 SKF Recent Developments
- 6.21 SSS Clutch Company
- 6.21.1 SSS Clutch Company Company Information
- 6.21.2 SSS Clutch Company Business Overview
- 6.21.3 SSS Clutch Company Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.21.4 SSS Clutch Company Electric Shifter Product Portfolio
- 6.21.5 SSS Clutch Company Recent Developments
- 6.22 Suncor Stainless
- 6.22.1 Suncor Stainless Company Information
- 6.22.2 Suncor Stainless Business Overview
- 6.22.3 Suncor Stainless Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.22.4 Suncor Stainless Electric Shifter Product Portfolio
- 6.22.5 Suncor Stainless Recent Developments
- 6.23 Thomson Industries
- 6.23.1 Thomson Industries Company Information
- 6.23.2 Thomson Industries Business Overview
- 6.23.3 Thomson Industries Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.23.4 Thomson Industries Electric Shifter Product Portfolio
- 6.23.5 Thomson Industries Recent Developments
- 6.24 Warner Electric
- 6.24.1 Warner Electric Company Information
- 6.24.2 Warner Electric Business Overview
- 6.24.3 Warner Electric Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.24.4 Warner Electric Electric Shifter Product Portfolio
- 6.24.5 Warner Electric Recent Developments
- 6.25 Zero-Max
- 6.25.1 Zero-Max Company Information
- 6.25.2 Zero-Max Business Overview
- 6.25.3 Zero-Max Electric Shifter Sales, Revenue and Gross Margin (2021-2026)
- 6.25.4 Zero-Max Electric Shifter Product Portfolio
- 6.25.5 Zero-Max Recent Developments
7 North America by Country
- 7.1 North America Electric Shifter Sales by Country
- 7.1.1 North America Electric Shifter Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Electric Shifter Sales by Country (2021-2026)
- 7.1.3 North America Electric Shifter Sales Forecast by Country (2027-2032)
- 7.2 North America Electric Shifter Market Size by Country
- 7.2.1 North America Electric Shifter Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Electric Shifter Market Size by Country (2021-2026)
- 7.2.3 North America Electric Shifter Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Electric Shifter Sales by Country
- 8.1.1 Europe Electric Shifter Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Electric Shifter Sales by Country (2021-2026)
- 8.1.3 Europe Electric Shifter Sales Forecast by Country (2027-2032)
- 8.2 Europe Electric Shifter Market Size by Country
- 8.2.1 Europe Electric Shifter Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Electric Shifter Market Size by Country (2021-2026)
- 8.2.3 Europe Electric Shifter Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Electric Shifter Sales by Country
- 9.1.1 Asia-Pacific Electric Shifter Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Electric Shifter Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Electric Shifter Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Electric Shifter Market Size by Country
- 9.2.1 Asia-Pacific Electric Shifter Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Electric Shifter Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Electric Shifter Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Electric Shifter Sales by Country
- 10.1.1 South America Electric Shifter Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Electric Shifter Sales by Country (2021-2026)
- 10.1.3 South America Electric Shifter Sales Forecast by Country (2027-2032)
- 10.2 South America Electric Shifter Market Size by Country
- 10.2.1 South America Electric Shifter Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Electric Shifter Market Size by Country (2021-2026)
- 10.2.3 South America Electric Shifter Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Electric Shifter Sales by Country
- 11.1.1 Middle East and Africa Electric Shifter Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Electric Shifter Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Electric Shifter Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Electric Shifter Market Size by Country
- 11.2.1 Middle East and Africa Electric Shifter Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Electric Shifter Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Electric Shifter Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Electric Shifter Value Chain Analysis
- 12.1.1 Electric Shifter Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Electric Shifter Production Mode & Process
- 12.2 Electric Shifter Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Electric Shifter Distributors
- 12.2.3 Electric Shifter Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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