Market Survey on Gears, Drives and Speed Changers Market Covering Sales Outlook, Up-to-date Key Trends, Production and Consumption Statistics, Market Size and Forecast Including New and Replacement Sales, Import and Export Analysis, Installed Base Analysis, Trade Scenario Analysis, Company Share and Pricing Analysis
An In-depth Market Insights of Gears, Drives and Speed Changers Market including Spur gears, Bevel gears, Worm gears, and Helical gears Covering 30+ Countries like United States, United Kingdom, Germany, France, Norway, Sweden, Saudi Arabia, United Arab Emirates, Japan, Korea, Australia, New Zealand, and Others
The gears, Drives and speed changers market size is likely to hold a valuation of US$ 152 billion in 2023. FMI predicts the market to surpass US$ 254 billion by 2033 at a CAGR of 5.3% during the forecast period. The demand for gears, Drives and speed changers is driven by the increasing demand from various industries, including automotive, aerospace, and manufacturing. The growth of these industries is leading to an increased demand for gears, Drives and speed changes to improve the efficiency and performance of their machines.
The use of gears, Drives and speed changers enables better control of torque and speed, leading to high precision and reduced maintenance costs.
The rise of automation and Industry 4.0 is also contributing to the growth of this market, as it necessitates the use of highly efficient machines that require advanced gears, Drives and speed changers. There is rising automobile production due to the global economy's economic recovery and notable demand growth and industrial output in emerging nations.
Market expansion is also fueled by a shift toward energy-efficient components like the seven and eight-speed automatic gearboxes. Increased sales of gear worldwide are also attributed to the prominently expanding significance of solar and wind energy.
Growth in consumer demand for completed goods also encourages manufacturers to invest in a variety of manufacturing equipment, which fuels demand for equipment components like gears, Drives and speed changers. Manufacturers are increasingly emphasizing product improvements and innovations that may address technological obstacles to improve performance while maintaining an affordable price.
Novel technologies have made a dramatic entrance into the market, including traction Drives hydraulic systems, and electric gears.
Challenges for Companies /Manufacturers in the Gears, Drives and Speed Changers Market
Companies in this industry face several challenges, despite the growing demand for gears, Drives and speed changers. One of the key challenges is the high level of competition, with numerous manufacturers and suppliers vying for market share. This leads to price pressure, which affects the profit margins of companies. In addition, the complexity of gear systems and the need for customization can make it challenging to design and manufacture gears, Drives and speed changers that meet the requirements of different industries. Another challenge is the need to constantly innovate and improve products to stay ahead of the competition.
Opportunities in the Gears, Drives and Speed Changers Industry:
Investment in the development of innovative gears, Drives and speed changers presents a significant opportunity due to the increasing demand for these products.
The development of eco-friendly gears, Drives and speed changers is an emerging trend, and investment in this area can lead to new revenue streams.
Research and development can help identify new applications for gears, Drives and speed changers, creating opportunities to tap into new markets.
Collaborating with manufacturers to provide customized solutions can also be a significant investment opportunity in the gears, Drives and speed changers industry.
Latest Trends in the Gears, Drives and Speed Changers Market:
The adoption of 3D printing tech in producing gears, transmissions, and velocity modifiers is a new development. This development may result in quick prototyping and personalization, streamlining the process of introducing novel products to the market.
The amalgamation of gears, Drives and speed changers with the Internet of Things (IoT) is resulting in the establishment of intelligent manufacturing plants. Here, devices can converse and collaborate, generating an effective and beneficial manufacturing environment.
The integration of gears, Drives and speed changers with the Internet of Things (IoT) is leading to the development of smart factories. Here, machines can communicate and coordinate with each other, creating an efficient and productive manufacturing environment.
The increasing focus on sustainable and environment-friendly manufacturing is driving the development of eco-friendly gears, Drives and speed changers. It is another emerging trend in the industry.
Attributes
Details
Gears, Drives and Speed Changers Market Size (2023)
US$ 152 billion
Gears, Drives and Speed Changers Market Projected Size (2033)
US$ 254 billion
Value CAGR (2023 to 2033)
5.3%
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2018 to 2022 Gears, Drives and Speed Changers Demand Outlook Compared to 2023 to 2033 Forecast
From 2018 to 2022, the global gears, Drives and speed changers market experienced a CAGR of 6.9%, reaching a market size of US$ 152 billion in 2023. The market experienced steady growth due to several factors. The automotive industry was a key driver, as increased demand for passenger and commercial vehicles led to a surge in demand for gears and related components.
The rise of automation in manufacturing also played a significant role, with many companies investing in gear technology to optimize their production processes. In addition, the growth of the renewable energy sector spurred demand for gears and speed changers in wind turbines and other renewable energy systems.
Future Forecast for Gears, Drives and Speed Changers Industry
Looking ahead, the global gears, Drives and speed changers industry is expected to rise at a CAGR of 5.3% from 2023 to 2033. During the forecast period, the market size is projected to reach US$ 254 billion. A key factor driving this growth is the increasing demand for electric vehicles and the associated need for high-quality gears and drives.
The rise of Industry 4.0 and smart factories is also fueling growth, as several companies invest in advanced gear technology to support great automation and connectivity in their manufacturing processes.
Another key driver is the expansion of the aerospace industry, which is boosting demand for high-precision gears and speed changers for use in aircraft engines and other critical components. With these and other factors at play, the gears, Drives and speed changers market is set for continued growth in the coming years.
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Comparative View of the Gears, Drives and Speed Changers Market
Gears, Drives and Speed Changers Market:
Attributes
Gears, Drives and Speed Changers Market
CAGR (2023 to 2033)
5.3%
Market Value (2033)
US$ 254 billion
Opportunity
Use of advanced materials such as carbon fiber and composites for lightweight and durable gears and drives.
Key Trends
Increasing demand for smart gears, Drives and speed changers with real-time monitoring and optimization capabilities.
Power Tool Gears Market:
Attributes
Power Tool Gears Market
CAGR (2023 to 2033)
5%
Market Value (2033)
US$ 10 billion
Opportunity
Increasing adoption of power tools in the construction and manufacturing industries.
Key Trends
The growing popularity of cordless power tools and rising demand for brushless motors and compact, lightweight gear systems.
Electric & Hydraulic Wellhead Drives for Onshore Application Market:
Attributes
Electric & Hydraulic Wellhead Drives for Onshore Application Market
CAGR (2023 to 2033)
8.1%
Market Value (2033)
US$ 390 million
Opportunity
Advancements in electric and hydraulic drive technology for improved efficiency and reliability
Key Trends
Increasing adoption of electric and hydraulic wellhead drives due to their high efficiency, and reduced maintenance requirements.
Country-Wise Insights
The Drive for Automation Propels the United States Gears, Drives and Speed Changers Industry
Region
The United States
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 47.1 billion
CAGR % 2023 to End of Forecast (2033)
5.2%
With a market size of US$ 47.1 billion by 2033 and a CAGR of 5.2%, the United States gears, Drives and speed changers industry is expected to see steady growth. A significant element propelling this expansion is the rising need for automation in the manufacturing industry.
The United States includes some of the big manufacturing firms globally, and with their increasing adoption of automation tech, demand for gears, Drives and speed changers is predicted to surge.
Innovation and Collaboration Driving Growth in the United Kingdom Gears, Drives and Speed Changers Market
Region
The United Kingdom
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 9 billion
CAGR % 2023 to End of Forecast (2033)
4.9%
The United Kingdom's gears, Drives and speed changers industry is expected to reach US$ 9 billion by 2033 with a CAGR of 4.9% during the forecast period. One of the main factors driving this growth is the rising demand for electric vehicles in the country. As the United Kingdom government pushes for many electric vehicles on the road, the demand for gears, Drives and speed changers is expected to rise.
The United Kingdom is home to several notable aerospace companies, and as the industry continues to grow, the demand for gears, Drives and speed changers is expected to increase as well.
Rising Demand for Electric Vehicles Propels China's Gears, Drives and Speed Changers Industry Forward
Region
China
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 58.5 billion
CAGR % 2023 to End of Forecast (2033)
5.2%
China’s gears, Drives and speed changers industry is expected to see significant growth with a market size of US$ 58.5 billion in 2033 and a CAGR of 5.2%. One of the key factors driving this growth is the government's push toward advanced manufacturing technologies, which include automation and robotics. As manufacturing companies in China adopt automation technology, the demand for gears, Drives and speed changers is predicted to increase.
China is home to the world's large automotive market, and as the demand for electric vehicles in the country grows, the demand for gears, Drives and speed changers is anticipated to rise as well.
Precision Manufacturing and Advancements in Robotics to Drive Japan’s Gears, Drives and Speed Changers Market
Region
Japan
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 44.8 billion
CAGR % 2023 to End of Forecast (2033)
5.2%
Japan’s gears, Drives and speed changers industry is expected to surpass US$ 44.8 billion by 2033 with a CAGR of 5.2% during the forecast period. A key factor propelling this expansion is the nation's robust production sector. Nippon is famed for its top-notch production. With the urging interest in mechanization in the land of the rising sun, the need for cogwheels, propellers, and velocity modifiers is anticipated to grow too.
Japan holds a significant position in the production of industrial automatons. With the surge in the acceptance of robotic technology, the requirement for gears, Drives and speed changers is anticipated to escalate.
Focus on Sustainable Manufacturing and Renewable Energy in South Korea's Gears, Drives and Speed Changers Industry
Region
South Korea
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 11.1 billion
CAGR % 2023 to End of Forecast (2033)
4.9%
South Korea’s gears, Drives and speed changers industry is expected to reach US$ 11.1 billion by 2033 with a CAGR of 4.9% during the forecast period. One of the primary elements bolstering this expansion is the nation's robust car manufacturing sector.
South Korea houses numerous significant car makers. With the increasing popularity of electric cars in the region, the need for gears, Drives and speed changers is predicted to surge too. Furthermore, the nation's emphasis on novelty and technology is anticipated to propel the demand for robotics, which consequently is likely to boost the demand for gears, Drives and speed changers.
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Category-Wise Insights
High Demand from Automotive and Aerospace Sectors Driving Growth
Top Types
Spur gear
CAGR % 2023 to End of Forecast (2033)
5.1%
Market Share in 2023
35%
Dominating Factor
High efficiency
The spur gear segment is expected to dominate the gears, Drives and speed changers industry, with a projected CAGR of 5.1% from 2023 to 2033. This growth can be attributed to the high demand for spur gears from the automotive and aerospace sectors. In 2023, the spur gear segment is expected to hold a market share of 35%, making it the notable segment in the industry.
The factors contributing to the growth of the segment include the high efficiency and reliability of spur gears, as well as their ability to transmit power and motion between parallel shafts with minimal noise and vibration.
Growing Adoption of Electric and Hybrid Vehicles
Top End-Use
Automotive
CAGR % 2023 to End of Forecast (2033)
4.7%
Market Share in 2023
42%
Dominating Factor
Increasing demand
The automotive end-use segment is projected to be the large segment of the gears, Drives and speed changers industry in 2023, with a market share of 42%. From 2023 to 2033, this segment is forecasted to expand at a CAGR of 4.7% due to rising demand for electric and hybrid cars. Transmission components that can transfer power from an electric motor to the wheels are in high demand due to the growing market for fuel-efficient automobiles.
The expanding demand for passenger and commercial cars, the increased priority placed on safety and comfort, and the trend toward lightweight and small automotive components are further key causes.
How Key Players Stay Competitive in the Gears, Drives and Speed Changers Industry?
The gears, Drives and speed changers industry is highly competitive, with several key players dominating the market. These players are continually investing in research and development to stay ahead of the competition and maintain their market position.
The gears, Drives and speed changers industry offers several investment opportunities for new entrants in the market. These opportunities include investing in new technologies, developing innovative products, and expanding into new geographic markets. Key players in the industry are continually looking for strategic partnerships and acquisitions to expand their product portfolio and increase their market share.
Who are the Leading Players in the Market?
Key Players in the Gears, Drives and Speed Changers Industry include:
ABB Ltd.
Siemens AG
AMETEK, Inc.
SEW Eurodrive
Altra Industrial Motion Corporation
Amtek Auto Ltd.
Sumitomo Heavy Industries, Ltd
Bauer Gear Motor
American Axle & Manufacturing, Inc.
Siemens AG
Siemens AG is a global technology powerhouse that offers innovative solutions for electrification, automation, and digitization. The company's focus on innovation and its strong brand reputation has helped it to maintain a leading position in the Gears, Drives and Speed Changers market.
Sumitomo Heavy Industries, Ltd
Sumitomo Heavy Industries, Ltd. is a diversified engineering company. It operates in various industries, including power transmission and control, environmental facilities, and industrial machinery. The company's extensive product portfolio and its emphasis on product innovation have helped it to capture a significant share of the market.
SEW Eurodrive
SEW Eurodrive is a leading manufacturer of geared motors, frequency inverters, and other driving technology products. The company has a strong focus on customer satisfaction, and its commitment to quality has helped it to maintain a loyal customer base.
ABB Ltd.
ABB Ltd. is a global leader in power and automation technologies. The company's extensive product portfolio and its focus on innovation have helped it to maintain a leading position in the Gears, Drives and Speed Changers market.
Bauer Gear Motor
Bauer Gear Motor is a leading manufacturer of geared motors, motor starters, and frequency inverters. The company's extensive product portfolio and its emphasis on customer satisfaction have helped it to maintain a leading position in the market.
Key Developments in the Gears, Drives and Speed Changers Market:
ABB Ltd. has introduced a new generation of gearless conveyor drives for medium-power and higher-power range applications in the mining industry. These drives offer better energy efficiency, reliability, and reduced maintenance costs.
Altra Industrial Motion Corporation has acquired the assets of an Italian company, SARA S.r.l., a manufacturer of precision planetary gear reducers and custom gears. This acquisition might expand the company's product portfolio and customer base in Europe’s market.
AMETEK, Inc. has launched a new range of brushless DC gear motors for applications in the medical, laboratory, and industrial automation markets. These motors offer high efficiency, low noise, and compact size for use in tight spaces.
American Axle & Manufacturing, Inc. has collaborated with Israel-based REE Automotive to develop modular electric propulsion systems for commercial vehicles. This collaboration might combine REE's electric vehicle technology with American Axle's expertise in driveline systems to offer customized and scalable solutions to customers.
Segmentation Analysis of the Gears, Drives and Speed Changers Market
By Type:
Spur gears
Bevel gears
Worm gears
Helical gears
others
By End-Use:
Automotive
Industrial
others
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa
Frequently Asked Questions
What is the Current Worth of the Gears, Drives and Speed Changers Market?
The global gears, drives and speed changers industry is expected to hit a value of US$ 152 billion by 2023.
How is the Demand for Gears, Drives and Speed Changers Increasing?
The gears, Drives and speed changers demand is set to expand by 5.3% during the assessment period.
Which End-use Segment Dominates the Global Gears, Drives and Speed Changers Market?
The automotive industry is projected to hold the dominant share of the market.
What is the Predicted Valuation of the Gears, Drives and Speed Changers Market by 2033?
The market is predicted to exceed US$ 254 billion by 2033.
Which is the most Profitable Region for the Gears, Drives and Speed Changers Industry?
China holds dominance in the gears, Drives and speed changers industry.
Table of Content
1. Executive Summary | Gears, Drives and Speed Changers Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2023 to 2033
5.3.1. Spur gears
5.3.2. Bevel gears
5.3.3. Worm gears
5.3.4. Helical gears
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End-Use, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End-Use, 2023 to 2033
6.3.1. Automotive
6.3.2. Industrial
6.3.3. Others
6.4. Y-o-Y Growth Trend Analysis By End-Use, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End-Use, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By End-Use
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By End-Use
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Type
9.2.3. By End-Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By End-Use
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Type
10.2.3. By End-Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By End-Use
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Type
11.2.3. By End-Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By End-Use
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Type
12.2.3. By End-Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By End-Use
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Type
13.1.2.2. By End-Use
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Type
13.2.2.2. By End-Use
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Type
13.3.2.2. By End-Use
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Type
13.4.2.2. By End-Use
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Type
13.5.2.2. By End-Use
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Type
13.6.2.2. By End-Use
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Type
13.7.2.2. By End-Use
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Type
13.8.2.2. By End-Use
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Type
13.9.2.2. By End-Use
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Type
13.10.2.2. By End-Use
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Type
13.11.2.2. By End-Use
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Type
13.12.2.2. By End-Use
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Type
13.13.2.2. By End-Use
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Type
13.14.2.2. By End-Use
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Type
13.15.2.2. By End-Use
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Type
13.16.2.2. By End-Use
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Type
13.17.2.2. By End-Use
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Type
13.18.2.2. By End-Use
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Type
13.19.2.2. By End-Use
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Type
13.20.2.2. By End-Use
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Type
14.3.3. By End-Use
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. ABB Ltd
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. AMETEK, Inc
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Altra Industrial Motion Corporation
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Amtek Auto Ltd.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. American Axle & Manufacturing, Inc
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. ABM Greiffenberger Antriebstechnik GmbH
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. AMT Schmid GmbH & Co. KG;
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Auburn Gear LLC
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Allison Transmission, Inc
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Auma Riester GmbH & Co. KG
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used17. Research Methodology
List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Type, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by End-Use, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by End-Use, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Type, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by End-Use, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by End-Use, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 16: Latin America Market Volume (Units) Forecast by Type, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by End-Use, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by End-Use, 2018 to 2033
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 21: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 22: Europe Market Volume (Units) Forecast by Type, 2018 to 2033
Table 23: Europe Market Value (US$ Million) Forecast by End-Use, 2018 to 2033
Table 24: Europe Market Volume (Units) Forecast by End-Use, 2018 to 2033
Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Asia Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 28: Asia Pacific Market Volume (Units) Forecast by Type, 2018 to 2033
Table 29: Asia Pacific Market Value (US$ Million) Forecast by End-Use, 2018 to 2033
Table 30: Asia Pacific Market Volume (Units) Forecast by End-Use, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: MEA Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 34: MEA Market Volume (Units) Forecast by Type, 2018 to 2033
Table 35: MEA Market Value (US$ Million) Forecast by End-Use, 2018 to 2033
Table 36: MEA Market Volume (Units) Forecast by End-Use, 2018 to 2033
List of Charts
Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by End-Use, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 9: Global Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by End-Use, 2018 to 2033
Figure 13: Global Market Volume (Units) Analysis by End-Use, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by End-Use, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by End-Use, 2023 to 2033
Figure 16: Global Market Attractiveness by Type, 2023 to 2033
Figure 17: Global Market Attractiveness by End-Use, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Type, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by End-Use, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 27: North America Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by End-Use, 2018 to 2033
Figure 31: North America Market Volume (Units) Analysis by End-Use, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by End-Use, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by End-Use, 2023 to 2033
Figure 34: North America Market Attractiveness by Type, 2023 to 2033
Figure 35: North America Market Attractiveness by End-Use, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Type, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by End-Use, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 45: Latin America Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by End-Use, 2018 to 2033
Figure 49: Latin America Market Volume (Units) Analysis by End-Use, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-Use, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-Use, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Type, 2023 to 2033
Figure 53: Latin America Market Attractiveness by End-Use, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Europe Market Value (US$ Million) by Type, 2023 to 2033
Figure 56: Europe Market Value (US$ Million) by End-Use, 2023 to 2033
Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 63: Europe Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 66: Europe Market Value (US$ Million) Analysis by End-Use, 2018 to 2033
Figure 67: Europe Market Volume (Units) Analysis by End-Use, 2018 to 2033
Figure 68: Europe Market Value Share (%) and BPS Analysis by End-Use, 2023 to 2033
Figure 69: Europe Market Y-o-Y Growth (%) Projections by End-Use, 2023 to 2033
Figure 70: Europe Market Attractiveness by Type, 2023 to 2033
Figure 71: Europe Market Attractiveness by End-Use, 2023 to 2033
Figure 72: Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Asia Pacific Market Value (US$ Million) by Type, 2023 to 2033
Figure 74: Asia Pacific Market Value (US$ Million) by End-Use, 2023 to 2033
Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 81: Asia Pacific Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 84: Asia Pacific Market Value (US$ Million) Analysis by End-Use, 2018 to 2033
Figure 85: Asia Pacific Market Volume (Units) Analysis by End-Use, 2018 to 2033
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by End-Use, 2023 to 2033
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by End-Use, 2023 to 2033
Figure 88: Asia Pacific Market Attractiveness by Type, 2023 to 2033
Figure 89: Asia Pacific Market Attractiveness by End-Use, 2023 to 2033
Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 91: MEA Market Value (US$ Million) by Type, 2023 to 2033
Figure 92: MEA Market Value (US$ Million) by End-Use, 2023 to 2033
Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: MEA Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: MEA Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 99: MEA Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 100: MEA Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 101: MEA Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 102: MEA Market Value (US$ Million) Analysis by End-Use, 2018 to 2033
Figure 103: MEA Market Volume (Units) Analysis by End-Use, 2018 to 2033
Figure 104: MEA Market Value Share (%) and BPS Analysis by End-Use, 2023 to 2033
Figure 105: MEA Market Y-o-Y Growth (%) Projections by End-Use, 2023 to 2033
Figure 106: MEA Market Attractiveness by Type, 2023 to 2033
Figure 107: MEA Market Attractiveness by End-Use, 2023 to 2033
Figure 108: MEA Market Attractiveness by Country, 2023 to 2033
