Global Automotive Gears Market (2021 to 2023) - Industry Trends, Share, Size, Growth, Opportunity, New Data Research and Forecasts

(The Express Wire via Comtex)

Global "Automotive Gears Market" compromises many advantages that have accelerated the adoption of absorption among various industrial users. These elements make absorption an attractive option from the industrial sector and enable many industrial customers to meet their environmental and regulatory targets. The Automotive Gears industry is expected to remain innovation-led, with frequent achievements and strategic deals adopted as the key strategies by the players to increase their industry presence. The report covers the present scenario and the growth prospects of the Automotive Gears market for 2021-2023.

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Automotive Gears Market competition is assessed by top manufacturers, with production, price, revenue (value), and market share for each manufacturer. It offers a complete evaluation of every area including the volume of the global Automotive Gears market in that area in the estimated duration. This well-drafted report entails the existing market status, historical data, and projection outlook. A detailed segmentation analysis of the market is done on regions, types, and applications in the report. The report tracks primary trends that decide future growth prospects in the global market.

Automotive Gears Market Report Overview includes major players of the global Automotive Gears Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Automotive Gears market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Automotive Gears Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Automotive Gears .

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List Of TOP KEY PLAYERS in Automotive Gears Market Report are:-

● AAM
● AmTech International
● B and R Machine and Gear Corporation
● Bharat Gears Ltd
● Cone Drive
● Dynamatic Technologies Ltd.
● Franz Morat Group
● GKN Plc
● Gleason Plastic Gears
● IMS Gear GmbH
● Robert Bosch GmbH
● RSB
● Showa Corporation
● Taiwan United Gear Co. Ltd.
● Universal Auto Gears LLP
● ZF TRW

According to the Automotive Gears report, the global market is expected to witness a relatively higher growth rate during the forecast period.

About Automotive Gears Market:

Automotive Gears Market is forecasted to grow over 6% in the year 2018 and estimated to reach USD 38 billion by 2023. Gears have established themselves as a major component in automotive systems. Gears are found extensively in automotive differential systems, steering systems, and transmission systems. The global automotive production grew by 2,225,965 vehicles in 2017 compared to 2016. The number grew from 94,976,569 in 2016 to 97,302,534 in 2017, indicating a considerable growth in production statistics during the last year. The global sales figure grew by approximately 3% during the past year.

New Demands from the New MarketWith the growing demand for auto-transmission systems and smoother gear-shift-ratio systems is expected to propel the market for gears in transmission systems towards a higher CAGR by 2023. Lightweight and highly durable aluminum and composite gears are estimated to gain higher popularity with their market, registering a significant growth in the coming 5 years. In 2017, Differential system gears segment dominated the market and the transmission system gears segment is expected to dominate the market during 2018-2023 due to the rising adaptation of automatic transmission in passenger cars.

Automotive gears are of various types, which include spur gear, bevel gear, planetary gear, helical gear, rack and pinion, and others. An automatic transmission is a type of motor vehicle transmission that can automatically change gear ratios as the vehicle moves, which prevent the driver from shifting the gears manually. Increasing demand for the automatic transmission in vehicles is one of the growing trends witnessed in the automotive industry, which has increased the demand of the automotive gears due to its automatic function that provides ease in the driving of the vehicle. The automatic transmission also helps in achieving better fuel efficiency and less wear and tear of the gears, which results in a long life of gears. The option of the Automatic Transmission is also available in the low priced passengers cars, e.g. Suzuki providing Automatic Transmission System in its cars in India, which usually consist of low priced cars and is also introducing 6 Speed Manual Gear Transmission for its cars in India.The planetary gears used in automobiles are expected to account for the largest market during the forecast period, attributed to the increasing demand for low-carbon-footprint technologies. The planetary gear systems enable vehicle’s engine to run at an optimum level, thereby reducing engine losses that may result from friction and lubrication.

The Rise of the Electric VehicleWith rise of the electronic vehicle market predicted around the year 2020, the automotive gear market is anticipated to be impacted negatively because of not housing components, like the transmission system or the differential system or the engine itself. Electric motors have a much larger RPM range than the typical internal combustion engine. And, unlike a gas or diesel engine, an electric motor makes its best power output over an incredibly broad RPM range. So, instead of packing the car with numerous gears to keep the engine in its happy zone, designers of electric cars just pick a gear ratio that provides a good compromise between acceleration and top speed. And with the typical electric motor capable of sustaining 20,000 RPM, the top speed often isn't even a limiting factor.

Rise in Production of Passenger and Commercial VehiclesIn the year 2017, Asia Pacific region dominated the market, with China being a key contributor to the growth of the automotive gears market. Asia Pacific is the leading market for automotive gear. With increasing, vehicle production in countries, such as India and China as well as the manufacturers’ focus on increasing production capacity, demand for automotive gear is anticipated to grow significantly in the forecasted years. Rising purchasing power with a dream and a need to own a car, low penetration of automobiles, and infrastructure development in emerging nations have increased the demand for personal transportation and commercial vehicles. Increasing operational performance, improving drivability (aligned with the current technology) and ensuring safe transport of cargo and passengers is the top priority of automobile manufacturers. Additionally, increasing need for fuel-efficient vehicles along with lightweight automotive parts are the two factors driving the growth of the market. Europe and North America are mature markets for the automotive gear, with the former holding the second largest market share followed by Asia Pacific regions.

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Automotive Gears market report explores the international and Chinese major Automotive Gears players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2021 Automotive Gears market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Automotive Gears Sales growth in various regions and RandD status are also covered.

Global Automotive Gears Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market Trend

● Growing research activities coupled with new product launches.
● For a full, detailed list, view our report

Market Driver

● High Opportunity of Automotive Gears .
● For a full, detailed list, view our report

Market Challenge

● Complications associated with Automotive Gears procedures.
● For a full, detailed list, view our report

The report provides key statistics on the market status of the Automotive Gears manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Automotive Gears .

The Automotive Gears Market Research/Analysis Report Contains Answers to your following Questions

● Which Manufacturing Technology is used for Automotive Gears ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
● Who Are the Global Key Players in This Automotive Gears Market? What are Their Company Profile, Their Product Information, and Contact Information?
● What Was Global Market Status of Automotive Gears Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Gears Market?
● What Is Current Market Status of Automotive Gears Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Gears Market by Taking Applications and Types in Consideration?
● What Are Projections of Global Automotive Gears Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
● What Is Automotive Gears Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
● What Is Economic Impact On Automotive Gears Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
● What Are Market Dynamics of Automotive Gears Market? What Are Challenges and Opportunities?
● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Automotive Gears Industry?

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Automotive Gears Segment by Regions, the regional analysis covers:

● North America
● United States
● Canada
● Mexico
● Europe
● France
● Germany

Major Key Contents Covered in Automotive Gears :

● Introduction of Automotive Gears with development and status.
● Manufacturing Technology of Automotive Gears with analysis and trends.
● Analysis of Global Automotive Gears Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
● Analysis of Global and Chinese Automotive Gears Capacity, Production, Production Value, Cost and Profit
● Analysis of Automotive Gears with Comparison, Supply, Consumption, and Import, and Export.
● Automotive Gears Analysis with Market Status and Market Competition by Companies and Countries.
● 2021-2023 Automotive Gears Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Automotive Gears market trend, Import and Export.
● Automotive Gears Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Automotive Gears In Future, we come up with Automotive Gears Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Automotive Gears Report focuses on providing the best returns of an investment to investors.

Browse Complete Table of Contents at- https://www.marketreportsworld.com/TOC/12345166

Table Of Content:

1. Introduction
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
3. Executive Summary
4. Market Overview and Technology Trends
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Forces Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute
4.3.5 Competitive Rivalry
5. Market Dynamics
5.1 Drivers
5.1.2 Increasing Vehicle Production and Sales
5.1.2 Advancements in Non-ferrous Metal Castings
5.2 Restraints
5.2.1 Spike in demand for Electric Vehicles
5.3 Opportunities
5.3.1 Demand for a smoother ride experience by consumers
6. Global Automotive Gears Market Segmentation, by Position of Axis of Shaft Type
6.1 Skew Shaft Gears
6.1.1 Hypoid gear
6.1.2 Worm Gear
6.2 Intersecting Shaft Gear
6.2.1 Straight Bevel Gears
6.2.2 Spiral Bevel Gear
6.3 Parallel Shaft Gears
6.3.1 Spur Gears
6.3.2 Rack and Pinion Gears
6.3.3 Herringbone Gears
6.3.4 Helical Gears
7. Global Automotive Gears Market Segmentation, by Material Type
7.1 Ferrous Metals
7.2 Non-ferrous Metals
7.3 Others (Composites, Plastics)
8. Global Automotive Gears Market Segmentation, by Application Type
8.1 Steering Systems
8.2 Transmission Systems
8.2.1 Manual
8.2.2 Automatic
8.3 Differential Systems
9. Global Automotive Gears Market Segmentation, by Geography
9.1. North America
9.1.1 The United States
9.1.2. Canada
9.1.3. Mexico
9.1.4 Rest of North America
9.2. Asia-Pacific
9.2.1. China
9.2.2. Japan
9.2.3. India
9.2.4. Australia
9.2.4. Rest of Asia-Pacific
9.3. Europe
9.3.1. Germany
9.3.2. United Kingdom
9.3.3. France
9.3.4 Italy
9.3.5 Rest of Europe
9.4. South America
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Rest of South America
9.5 Middle East and Africa
9.5.1 Saudi Arabia
9.5.2 UAE
9.5.3 Iran
9.5.4 South Africa
9.5.5 Rest of Middle East and Africa
10. Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis
11. Company Profile
11.1 AAM
11.2 AmTech International
11.3 B and R Machine and Gear Corporation
11.4 Bharat Gears Ltd
11.5 Cone Drive
11.6 Dynamatic Technologies Ltd.
11.7 Franz Morat Group
11.8 GKN Plc
11.9 Gleason Plastic Gears
11.10 IMS Gear GmbH
11.11 Robert Bosch GmbH
11.12 RSB
11.13 Showa Corporation
11.14 Taiwan United Gear Co. Ltd.
11.15 Universal Auto Gears LLP
11.16 ZF TRW
12. Future Outlook of the Market
13. Disclaimer

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