Global Automotive Gears Market 2021 Global Share, Segmentation, Analysis, Future Plans and Forecast 2029

Global Automotive Gears Market : is anticipated to reach US$ 54.89 Bn by 2026 from US$ 38.26 Bn in 2020 at a CAGR of 6.2% during a forecast period.

Global Automotive Gears Market Overview:

An essential component of a car, gears are used in the steering system, differential system, and transmission system. Global Automotive Gears Market Due to its rapidly expanding applications, such as wind and solar power, the sales of gears are anticipated to increase. The demand for a smoother driving experience, technological advancements, and the expanding use of automated and mechanized components in vehicles are also driving the market for automotive gears ahead.

Market Scope:

Vehicle production and sales have increased globally, which is what is primarily driving the global automotive gear industry. The industry is also expanding as a result of rising sales of commercial vehicles like trucks, tractors, and trailers. Aluminum and composite gears are anticipated to experience significant market growth and increase in popularity over the course of the forecast period. One of the most rapidly expanding developments in the automotive industry is the requirement for automatic transmission, which has raised the demand for automotive equipment. Over the course of the forecast period, the market is expected to grow due to the development of plastic gears reinforced with carbon fiber.

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Segmentation:

by Product Type

Planetary
Bevel
Rack Piniom
Hypoid
Worm
Helical

Speed reducers are made of planetary gears. They are utilized to boost torque while slowing down engines. Since planetary gears are smaller than other types of gearboxes, they are typically used in circumstances where space is limited. The hydraulic planetary automatic transmission, the most common kind of automatic gearbox, is built on top of them. The planetary gears market is anticipated to expand over the course of the forecast period due in part to the increasing installation of mechanical components in passenger cars.

by Material

Metallic
Non-Metallic

the non-metallic gears segment dominated the market, with market size of US$ Mn. in 2019 and to reach US$ Mn. by 2026, with a CAGR of %. Non-metallic gears are more flexible than metallic gears due to their low modulus of elasticity, which is about 100 times lower than that of metal gears. As a result, with non-metallic gears, the actual contact ratio is higher than the ideal value.

by Vehicale Type

Passenger Car
Light Commercial Vehicale
Heavy Commercial Vehicale

By vehicle type, the market was dominated by the passenger vehicle segment, which had a market value of US$ Mn in 2019 and was projected to reach US$ Mn by 2026 at a CAGR of %. The main section is made up of passenger cars, which also include sports utility vehicles (SUVs), multi-utility vehicles (MUVs), station wagons, sedans, hatchbacks, and wagons. Global desire for improved features, an improvement in living standards, and an increase in per capita income are a few of the drivers of the passenger cars Automotive Gears segment's expansion. Additionally, during the projection period, the market for passenger automobiles is predicted to rise due to consumers' growing demand in safe, high-end, luxurious, and comfortable vehicles.

by Application

Transmission
Differential
Sreering System
Other

According to Application, the market was dominated by the transmission system gears segment, which had a market size of US$ Mn in 2019 and was projected to reach US$ Mn by 2026 at a CAGR of %. The gear system consists of planetary, helical, and spur gears.

In terms of value, the differential systems market segment is anticipated to hold the highest market share in 2019. Although the motor powers both wheels, the differential gear's primary purpose is to enable motorcycles to revolve at different speeds.

Global Automotive Gears Market : Research Methodology
Global Automotive Gears Market : Executive Summary

Market Overview and Definitions
Introduction to Global Automotive Gears Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Automotive Gears Market : Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Automotive Gears Market Segmentation

Global Automotive Gears Market , by Product Type (2021-2029)
Global Automotive Gears Market , by Material (2021-2029)
Global Automotive Gears Market , by Vehicale Type (2021-2029)
Global Automotive Gears Market , by Application (2021-2029)

Regional Global Automotive Gears Market (2021-2029)

Regional Residential Roofing Market, by Product Type (2021-2029)
Regional Residential Roofing Market, by Material (2021-2029)
Regional Residential Roofing Market, by Vehicale Type (2021-2029)
Regional Residential Roofing Market, by Application (2021-2029)
Regional Residential Roofing Market, by Country (2021-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Players:

• GKN PLC
• Bharat Gears Ltd
• Brevini Power Transmission Spa
• E. I. du Pont de Nemours and Company
• American Axle Manufacturing, Inc
• TRW Automotive
• Robert Bosch GmbH
• IMS Gear GmbH
• Univance Corporation
• Showa Corporation
• AmTech International
• Bharat Gears Ltd
• Cone Drive
• Dynamatic Technologies Limited
• Franz Morat Group
• Gleason Plastic Gears
• RSB Global
• Taiwan United Gear Co. Ltd
• Universal Auto Gears LLP
• ZF Friedrichshafen AG

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Regional Analysis:

The global Global Automotive Gears Market is divided into four categories: type (steel, other, plastic), region (North America, Europe, Middle East Africa, South America, Asia Pacific), and end-use (pharmaceutical biotechnology, electronic/lithium batteries, defense industry).
By examining market segments and projecting market size, the study also aids in understanding the dynamics and structure of the glove box industry. The Global Automotive Gears Market research serves as an investor's guide with its clear depiction of competition analysis of key companies by Application, pricing, financial situation, product portfolio, growth plans, and regional presence.

COVID-19 Impact Analysis on Global Automotive Gears Market : In addition, the paper evaluates the influence of COVID-19 on the Global Automotive Gears Market . The primary goal of this research is to assist users in understanding the market in terms of definition, segmentation, market potential, important trends, and challenges that the industry faces across major regions. The study presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Global Automotive Gears Market .

Key Questions Answered in the Global Automotive Gears Market Report are:

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Who are the key players in the Global Automotive Gears Market ?
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How big will the Global Automotive Gears Market be in 2027?
In 2020, which business segment had the highest proportion of the Global Automotive Gears Market ?

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