自動車用ギア市場 – 2030年までの世界予測

Automotive Gears Market - Global Forecast to 2030

自動車用ギア市場 - タイプ (プラネタリー、ベベル、ラック & ピニオン、ハイポイド、ウォーム、ヘリカル、スパー、非金属)、用途 (トランスミッション、ディファレンシャル、ステアリング、その他)、車両タイプ、推進力 (ICE、ハイブリッド)、材料、および地域別 - 2030年までの世界予測
Automotive Gears Market by Type (Planetary, Bevel, Rack & Pinion, Hypoid, Worm, Helical, Spur, Non-metallic), Application (Transmission, Differential, Steering, Others), Vehicle Type, Propulsion (ICE, Hybrid), Material, & Region - Global Forecast to 2030
出版社MarketsandMarkets
出版年月2024年9月
ページ数291
図表数406
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global automotive gears market is expected to grow from USD 42.7 billion in 2024 to 50.8 billion in 2030, it is projected to grow at a CAGR of 3.0% in the projected period. According to OICA, global vehicle production increased from 84.8 million units in 2020 to 93.5 million in 2023.

世界の自動車用ギア市場は、2024 年の 427 億米ドルから 2030 年には 508 億米ドルに成長すると予想されており、予測期間中に 3.0% の CAGR で成長すると予測されています。 OICAによると、世界の自動車生産台数は2020年の8,480万台から2023年には9,350万台に増加した。

Each vehicle uses gears in transmission systems, differentials, steering systems, and other applications; hence, with the rise in vehicle production, the market for metallic automotive gears will grow in the coming years.

自動車用ギア市場 - 2030年までの世界予測
Automotive Gears Market – Global Forecast to 2030

Additionally, the demand for mid- and full-size SUVs and premium vehicles has increased in developed and developing countries, with increasing disposable income, consumers’ demand for ride quality, and rising brand awareness. These vehicles are prompting the growth of the metallic and non-metallic automotive gears market.

“The passenger cars segment is estimated to be the largest segment for automotive gears.”

Passenger cars will hold the largest market share in the global automotive gear market during the forecast period. The growth mainly comes from the maximum share of passenger cars in global vehicle production, which grew from 62.8 million units in 2021 to 69.2 million units in 2023, a rise of 17.8%. The demand for gears is higher in passenger cars, attributed to increasing fitments for steering mechanisms, transmissions, differentials, sunroofs, ORVMs, automated tailgates, power windows, and others. Moreover, the growing adoption of advanced transmission systems such as DCT and Automatic Manual Transmission in passenger cars further fuels the demand for transmission gears. With customers having drifted towards performance and efficiency, OEMs have shifted more towards installing 6-speed gearboxes. With the coming of age of AMT, its installation has increased by multitudes in lower-end cars. In the global market, it is projected that increasing demand for SUVs in the year 2023 has happened, with an increase in mid-size & full-size SUVs from 11.8 & 10.7 million units in 2020 to 14.8 & 15.9 million units in 203, respectively. In the US, SUVs make up almost half of all cars sold, and a third in Europe. This will, in turn, drive the growth of gears such as hypoid, pinion, and bevel gears for differential systems. More than 80% of global production is dominated by the US, Canada, China, Japan, and South Korea in premium SUV and sedan cars. They are fitted with standard electric components and help drive demand for non-metallic gears. Thus, the growing number of passenger cars with automated manual transmissions and the rising SUVs with RWD and AWD drive are expected to boost the demand for automotive gears market.

自動車用ギア市場 - 2030年までの世界予測 ecosystem
Automotive Gears Market – ecosystem

“The non-metallic gears are expected to be the fastest growing segment by material.”

By material segment, the non-metallic gears are estimated to grow fastest. There has been a sharp rise in the production of c-segment and above vehicles from 2020, as these vehicles have grown from 37.3 million units in 2020 to 45.8 million units in 2023. Due to the rising demand for comfort and convenience features, automotive OEMs increasingly offer power windows, electrically controlled ORVMs, large-size panoramic electric sunroofs, and electric tailgate releases in mid and high variants of vehicles. These gears are often made from non-metallic materials, specifically thermoplastics. The rising demand for premium cars in some developed and developing countries will also drive the market for non-metallic gears as these vehicles are equipped with most of these features as an OE-fitted functionality.

“Europe is the second largest market for automotive gears.”

By region, Europe will have the 2nd largest market share of the automotive gears market during the forecast period. According to OICA, the total car production in Europe was 15.4 million units in 2023. Similarly, Europe’s LCV production in 2023 was 2.2 million units. The European automotive industry is dominated by established OEMs such as Mercedes-Benz (Germany), Volkswagen (Germany), BMW (Germany), Citroen (France), Fiat (Italy), and Land Rover (UK). Further, the share of premium or luxury cars fitted with different features such as automated tailgates, ORVMs, Adaptive Cruise control, lane parking assist, and electric sunroofs in Europe is increasing rapidly, mainly in Germany, France, the UK, and Italy. These premium cars fitted with advanced features require non-metallic gears. Premium vehicles equipped with automatic or Dual-clutch transmission are expected to drive the demand for helical and planetary gears.

Additionally, Europe is the second largest manufacturer of buses and coaches; it is estimated to produce more than 45,000 units in 2023. Besides, this region is also known to have inclined luxury cars, and significant luxury automotive OEMs have a strong presence in this region. These volumes of vehicles are supposed to lead the market for automotive gears in Europe. Hence, rising passenger car production and growing penetration of premium vehicles with different features will drive the demand for the European automotive gears market.

The breakup of primary respondents

  • By Company:  Tier 1 – 50%,  Tier 2 – 30%, OEMs -20%
  • By Designation: C level Executives – 60%, Director Level – 30%, Others – 10%
  • By Region: North America – 25%, Europe – 20%, Asia Pacific – 55%
自動車用ギア市場 - 2030年までの世界予測 region
Automotive Gears Market – region

Global players dominate the automotive gears market and comprise several regional players, including American Axle & Manufacturing Holding, Inc. (US), GKN Powder Metallurgy (US), Bharat Gears Ltd. (India), JTEKT Corporation (Japan), and Robert Bosch GmbH (Germany). The study includes an in-depth competitive analysis of these key players in the automotive gears market with their company profiles, MnM view of the top five companies, recent developments, and key market strategies.

Research Coverage

The study’s primary objective is to define, describe, and forecast the automotive gears market by value and volume. The study segments the automotive gears market by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), by material (metallic gears and non-metallic gears), by application (transmission system, differential system, steering system, and other automotive gears), by gear type (planetary gears, bevel gears, rack, and pinion gears, hypoid gears, worm gears, helical gears, spur gears, and non-metallic gears), electric and hybrid vehicle by application (transmission system, differential system, steering system, and other automotive gears), transmission gears market by transmission type (automatic transmission, automated manual transmission, manual transmission, and dual-clutch transmission), differential gears market by gear type (bevel gears, pinion gears, hypoid gears, helical gears, worm gears and spur gears) and region (North America, Europe, Asia Pacific, and RoW). It analyzes the opportunities offered by various market segments to the stakeholders. It tracks and analyzes competitive developments such as market ranking analysis, expansions, joint ventures, acquisitions, and other activities carried out by key industry participants.

Reasons to buy this report:

This report offers comprehensive analyses of market share and supply chains and detailed information on gear manufacturers. It is designed to help market leaders and new entrants by providing precise revenue estimates for the overall automotive gears market. Additionally, the report helps stakeholders understand the market dynamics, highlighting key drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (rise in production of vehicles to drive the growth of the automotive gears market, including the rise in several passenger cars and light commercial vehicles, rise in the number of mid-range and luxury vehicles, rise in the number of SUVs and heavy commercial vehicles and buses and coaches and growing demand for low-carbon-footprint technologies), restraints (increasing popularity of electric cars), opportunities (adoption of lightweight gear materials, growth in number of hybrid vehicles and rising adoption of polymer/plastic gears in automotive applications), and challenges (high costs of advanced and light-weight gears) are fueling the demand of the automotive gears market.

  • The report provides a detailed country analysis of the type of gears used in transmission types (automatic transmission, automated manual transmission, manual transmission, and dual-clutch transmission) and differential types (open differential, locking differential, limited slip differential, torque vectoring differential, and Torsen differential)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the automotive gears market, such as using various materials to manufacture the gears, such as metallic and non-metallic gears.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the automotive gears market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the automotive gears market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players in the automotive gears market, such as American Axle & Manufacturing Holding, Inc. (US), GKN Powder Metallurgy (US), Bharat Gears Ltd. (India), JTEKT Corporation (Japan), and Robert Bosch GmbH (Germany).

Table of Contents

1            INTRODUCTION            28

1.1         STUDY OBJECTIVES      28

1.2         MARKET DEFINITION   29

1.3         STUDY SCOPE  30

1.3.1      MARKET SEGMENTATION & REGIONS CONSIDERED     30

1.3.2      INCLUSIONS AND EXCLUSIONS 31

1.4         YEARS CONSIDERED     31

1.5         CURRENCY CONSIDERED          32

1.6         UNITS CONSIDERED     33

1.7         STAKEHOLDERS            33

1.8         SUMMARY OF CHANGES            33

2            RESEARCH METHODOLOGY     35

2.1         RESEARCH DATA           35

2.1.1      SECONDARY DATA       36

2.1.1.1   Secondary sources referred to for estimating vehicle production 37

2.1.1.2   List of key secondary sources referred to for estimating market size         38

2.1.1.3   Key data from secondary sources     39

2.1.2      PRIMARY DATA 39

2.1.2.1   List of primary participants 40

2.1.3      SAMPLING TECHNIQUES AND DATA COLLECTION METHODS 41

2.2         MARKET SIZE ESTIMATION       41

2.2.1      BOTTOM-UP APPROACH           43

2.3         DATA TRIANGULATION             44

2.4         RESEARCH ASSUMPTIONS AND ASSOCIATED RISKS       45

2.5         RESEARCH LIMITATIONS           47

3            EXECUTIVE SUMMARY 48

3.1         REPORT SUMMARY       48

4            PREMIUM INSIGHTS      52

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NON-METALLIC GEARS MARKET             52

4.2         AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE         52

4.3         AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE      53

4.4         AUTOMOTIVE GEARS MARKET, BY APPLICATION          53

4.5         AUTOMOTIVE GEARS MARKET, BY GEAR TYPE 54

4.6         HYBRID VEHICLE GEARS MARKET, BY APPLICATION    54

4.7         TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE         55

4.8         DIFFERENTIAL GEARS MARKET, BY GEAR TYPE 55

4.9         AUTOMOTIVE GEARS MARKET, BY REGION       56

5            MARKET OVERVIEW     57

5.1         INTRODUCTION            57

5.2         MARKET DYNAMICS     58

5.2.1      DRIVERS            58

5.2.1.1   Rise in production of vehicles to drive growth of automotive gears market              58

5.2.1.1.1 Growing production of passenger cars and

light commercial vehicles   58

5.2.1.1.2 Increasing demand for mid-range and luxury vehicles  59

5.2.1.1.3 Rising number of SUVs      60

5.2.1.1.4 Rise in number of heavy commercial vehicles 61

5.2.1.2   Growing demand for low-carbon-footprint technologies            62

5.2.2      RESTRAINTS     63

5.2.2.1   Increasing popularity of electric vehicles        63

5.2.3      OPPORTUNITIES           64

5.2.3.1   Adoption of lightweight gear materials           64

5.2.3.2   Growth in number of hybrid vehicles             65

5.2.3.3   Rising adoption of polymer/plastic gears in automotive             65

5.2.4      CHALLENGES   66

5.2.4.1   High cost of advanced and lightweight gears  66

5.3         TRENDS/DISRUPTIONS IMPACTING CONSUMER BUSINESS       66

5.4         CASE STUDIES  67

5.4.1      INJECTION WORKS RECOMMENDED HIGHLY ENGINEERED RESIN TO HELP TIER 1 AUTOMOTIVE SUPPLIERS ACHIEVE EFFICIENT PRODUCTION OF GEARS  67

5.4.2      RESEARCH STUDY CONDUCTED TO INVESTIGATE INFLUENCE OF GEAR WHEEL MATERIAL AND HEAT TREATMENT ON STRENGTH CALCULATION OF GEARBOXES USED IN AUTOMOTIVE APPLICATIONS              68

5.4.3      SECO TOOLS HELPED MANUFACTURER OF CUTTING TOOLS AND TOOLING SYSTEMS OPTIMIZE GEAR MANUFACTURING AND ASSEMBLY PROCESSES       68

5.5         INVESTMENT AND FUNDING SCENARIO            69

5.6         PATENT ANALYSIS        69

5.6.1      INTRODUCTION            69

5.7         TRADE ANALYSIS          74

5.7.1      IMPORT SCENARIO OF AUTOMOTIVE GEARS    74

5.7.2      EXPORT SCENARIO OF AUTOMOTIVE GEARS    76

5.8         SUPPLY CHAIN ANALYSIS          78

5.9         ECOSYSTEM ANALYSIS 79

5.10       PRICING ANALYSIS        81

5.10.1    BY REGION        81

5.10.2    BY GEAR TYPE  82

5.11       REGULATORY LANDSCAPE       83

5.11.1    REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 83

5.12       TECHNOLOGY TRENDS             84

5.12.1    KEY TECHNOLOGIES    84

5.12.1.1 Lightweight materials for gears        84

5.12.2    COMPLEMENTARY TECHNOLOGIES     85

5.12.2.1 Advanced manufacturing technologies in gear manufacturing    85

5.13       KEY STAKEHOLDERS AND BUYING CRITERIA    85

5.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         85

5.13.2    BUYING CRITERIA         86

5.14       KEY CONFERENCES & EVENTS, 2024–2025           87

5.15       SUPPLIER ANALYSIS     88

5.16       AUTOMOTIVE GEAR MANUFACTURING – MATERIAL ANALYSIS 88

6            AUTOMOTIVE GEARS MARKET, BY GEAR TYPE 89

6.1         INTRODUCTION            90

6.2         PLANETARY GEARS       92

6.2.1      GROWTH IN AUTOMATIC TRANSMISSION VEHICLES TO BOOST MARKET            92

6.3         BEVEL GEARS   94

6.3.1      RISE IN NUMBER OF VEHICLES EQUIPPED WITH DIFFERENTIALS TO

DRIVE MARKET 94

6.4         RACK AND PINION GEARS         95

6.4.1      GROWTH IN PASSENGER & COMMERCIAL VEHICLE PRODUCTION TO

SPUR DEMAND 95

6.5         HYPOID GEARS 96

6.5.1      HYPOID GEARS ARE WIDELY UTILIZED IN VEHICLE DIFFERENTIALS BECAUSE OF THEIR DISTINCTIVE DESIGN         96

6.6         WORM GEARS   98

6.6.1      WORM GEARS WORK TOGETHER WITH HYPOID GEARS AND SPUR GEARS TO TRANSFER POWER IN TORSEN DIFFERENTIAL          98

6.7         HELICAL GEARS             100

6.7.1      RAPID INCREASE IN VEHICLE PRODUCTION TO DRIVE MARKET              100

6.8         SPUR GEARS     101

6.8.1      DOMINANCE OF MANUAL TRANSMISSION TO POISE MARKET GROWTH          101

6.9         PINION GEARS 102

6.9.1      RISING DEMAND FOR SUVS AND LIGHT TRUCKS TO BOOST DEMAND              102

6.10       NON-METALLIC GEARS 104

6.10.1    GROWTH OF C-SEGMENT AND ABOVE VEHICLES TO DRIVE MARKET GROWTH          104

6.11       INDUSTRY INSIGHTS    105

7            AUTOMOTIVE GEARS MARKET, BY APPLICATION          106

7.1         INTRODUCTION            107

7.2         TRANSMISSION 109

7.2.1      DEMAND FOR SMOOTH GEAR SHIFTING IN VEHICLES TO PROMPT MARKET GROWTH        109

7.3         DIFFERENTIAL 110

7.3.1      GROWING POPULARITY OF SUVS AND PREMIUM VEHICLES WITH

MULTI-AXLE CONFIGURATION TO SPUR DEMAND       110

7.4         STEERING         112

7.4.1      DEMAND FOR LATEST DRIVER-ASSISTANCE TECHNOLOGIES TO

SPUR GROWTH 112

7.5         OTHER APPLICATIONS 114

7.6         INDUSTRY INSIGHTS    115

8            AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE      116

8.1         INTRODUCTION            117

8.2         METALLIC GEARS          118

8.2.1      SUPERIOR STRENGTH OF METALLIC GEARS TO DRIVE THEIR USE IN AUTOMOTIVE APPLICATIONS  118

8.3         NON-METALLIC GEARS 120

8.3.1      LOW MANUFACTURING COST OF NON-METALLIC GEARS TO BOOST

THEIR DEMAND             120

8.4         INDUSTRY INSIGHTS    121

9            AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE         122

9.1         INTRODUCTION            123

9.2         PASSENGER CARS          125

9.2.1      INCREASING DEMAND FOR SUVS AND LUXURY CARS TO PROPEL MARKET GROWTH        125

9.3         LIGHT COMMERCIAL VEHICLES             127

9.3.1      RISING DEMAND FOR LAST-MILE DELIVERY AND INFRASTRUCTURAL DEVELOPMENTS TO BOOST GROWTH 127

9.4         HEAVY COMMERCIAL VEHICLES            128

9.4.1      RAPID INCREASE IN TRANSPORTATION, MANUFACTURING, MINING,

AND CONSTRUCTION ACTIVITIES TO SPUR DEMAND  128

9.5         INDUSTRY INSIGHTS    130

10          DIFFERENTIAL GEARS MARKET, BY GEAR TYPE 131

10.1       INTRODUCTION            132

10.2       BEVEL GEARS   134

10.2.1    GROWING ADOPTION OF OPEN, LOCKING, AND TORQUE VECTORING DIFFERENTIALS TO DRIVE MARKET      134

10.3       PINION GEARS 135

10.3.1    GROWTH IN DEMAND FOR 4WD/AWD VEHICLES TO SPUR GROWTH              135

10.4       HYPOID GEARS 136

10.4.1    HYPOID GEARS ARE COMMONLY USED IN VEHICLE DIFFERENTIALS DUE TO THEIR UNIQUE DESIGN            136

10.5       HELICAL GEARS             138

10.5.1    RISE IN NUMBER OF TRANSAXLE/FWD VEHICLES TO SPUR GROWTH              138

10.6       WORM GEARS   139

10.6.1    WORM GEARS ALLOW WHEELS ON SAME AXLE TO ROTATE AT DIFFERENT SPEEDS DURING TURNS     139

10.7       SPUR GEARS     140

10.7.1    SPUR GEARS FACILITATE TRANSFER OF ROTATIONAL MOTION AND

TORQUE BETWEEN TWO SIDES OF DIFFERENTIALS      140

10.8       INDUSTRY INSIGHTS    141

11          HYBRID VEHICLE GEARS MARKET, BY APPLICATION    142

11.1       INTRODUCTION            143

11.2       TRANSMISSION 145

11.2.1    GROWING DEMAND FOR ADVANCED TRANSMISSION SYSTEMS TO

FUEL MARKET  145

11.3       DIFFERENTIAL 146

11.3.1    GROWING DEMAND FOR HYBRID SUVS WITH RWD/AWD MODES TO

DRIVE MARKET 146

11.4       STEERING         148

11.4.1    GROWTH OF RACK & PINION GEAR SET TO BE IN LINE WITH RISING

VEHICLE SALES 148

11.5       OTHER APPLICATIONS 149

11.6       INDUSTRY INSIGHTS    150

12          TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE         151

12.1       INTRODUCTION            152

12.2       AUTOMATIC TRANSMISSION    154

12.2.1    DEMAND FOR ENHANCED POWER DELIVERY AND RIDE QUALITY TO

DRIVE MARKET 154

12.3       AUTOMATED MANUAL TRANSMISSION             155

12.3.1    COST ADVANTAGE OFFERED BY AUTOMATED MANUAL TRANSMISSION TO FUEL DEMAND       155

12.4       MANUAL TRANSMISSION           157

12.4.1    NEED FOR LOW COST AND ENHANCED FUEL ECONOMY TO DRIVE GROWTH          157

12.5       DUAL-CLUTCH TRANSMISSION             158

12.5.1    PREFERENCE FOR SMOOTH GEAR SHIFTING AND ENHANCED CONVENIENCE TO SPUR DEMAND        158

12.6       INDUSTRY INSIGHTS    160

13          AUTOMOTIVE GEARS MARKET, BY REGION       161

13.1       INTRODUCTION            162

13.2       ASIA PACIFIC    164

13.2.1    ASIA PACIFIC: MACROECONOMIC OUTLOOK    164

13.2.2    CHINA  169

13.2.2.1 Increased commercialization and rising disposable income to

drive market        169

13.2.3    INDIA   171

13.2.3.1 Demand for vehicles offering smooth driving experience to

drive market        171

13.2.4    JAPAN  174

13.2.4.1 Country’s robust manufacturing sector and high-tech automotive industry to spur market demand    174

13.2.5    SOUTH KOREA 176

13.2.5.1 Emphasis on sustainability and innovation to drive growth         176

13.2.6    REST OF ASIA PACIFIC  178

13.3       EUROPE             180

13.3.1    EUROPE: MACROECONOMIC OUTLOOK            181

13.3.2    GERMANY         186

13.3.2.1 Increased demand for premium cars to drive market    186

13.3.3    FRANCE             188

13.3.3.1 Rising demand for passenger cars and LCVs to spur growth       188

13.3.4    UK         190

13.3.4.1 Rising demand for premium cars and SUVs to boost market      190

13.3.5    SPAIN   192

13.3.5.1 Growing production of passenger cars to propel demand for automotive gears              192

13.3.6    ITALY   194

13.3.6.1 Preference for fuel-efficient vehicles to encourage market expansion       194

13.3.7    REST OF EUROPE           197

13.4       NORTH AMERICA          199

13.4.1    NORTH AMERICA: MACROECONOMIC OUTLOOK          199

13.4.2    US         204

13.4.2.1 Advancements in transmission and differential technologies to boost market              204

13.4.3    MEXICO             206

13.4.3.1 Rising production of passenger cars and light commercial vehicles to spur market              206

13.4.4    CANADA            209

13.4.4.1 Increasing production of light commercial vehicles to drive growth of differential gears      209

13.5       REST OF THE WORLD   211

13.5.1    REST OF THE WORLD: MACROECONOMIC OUTLOOK  211

13.5.2    BRAZIL 215

13.5.2.1 Rise in production of advanced vehicles to prompt market for passenger cars and LCVs     215

13.5.3    SOUTH AFRICA 217

13.5.3.1 Rising vehicle production to boost growth of automotive gears  217

13.5.4    OTHER COUNTRIES IN ROW      219

13.6       INDUSTRY INSIGHTS    221

14          COMPETITIVE LANDSCAPE       222

14.1       OVERVIEW        222

14.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          222

14.3       MARKET SHARE ANALYSIS         224

14.4       REVENUE ANALYSIS      226

14.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   227

14.5.1    STARS  227

14.5.2    EMERGING LEADERS    227

14.5.3    PERVASIVE PLAYERS     227

14.5.4    PARTICIPANTS 227

14.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      229

14.5.5.1 Company application footprint        230

14.5.5.2 Company regional footprint             231

14.6       COMPANY VALUATION 232

14.7       FINANCIAL METRICS    232

14.8       BRAND/PRODUCT COMPARISON          233

14.9       COMPETITIVE SCENARIO & TRENDS     233

14.9.1    PRODUCT LAUNCHES  233

14.9.2    DEALS  234

14.9.3    EXPANSION      235

14.9.4    OTHERS             235

15          COMPANY PROFILES    237

15.1       KEY PLAYERS   237

15.1.1    AMERICAN AXLE AND MANUFACTURING, INC. 237

15.1.1.1 Business overview 237

15.1.1.2 Products/Solutions/Services offered 238

15.1.1.3 Recent developments         239

15.1.1.4 MnM view           240

15.1.1.4.1            Key strengths       240

15.1.1.4.2            Strategic choices  240

15.1.1.4.3            Weaknesses and competitive threats 240

15.1.2    BHARAT GEARS LTD.    241

15.1.2.1 Business overview 241

15.1.2.2 Products/Solutions/Services offered 242

15.1.2.3 MnM view           242

15.1.2.3.1            Key strengths       242

15.1.2.3.2            Strategic choices  242

15.1.2.3.3            Weakness and competitive threats   242

15.1.3    GKN POWDER METALLURGY    243

15.1.3.1 Business overview 243

15.1.3.2 Products/Solutions/Services offered 244

15.1.3.3 MnM view           245

15.1.3.3.1            Key strengths       245

15.1.3.3.2            Strategic choices  245

15.1.3.3.3            Weaknesses and competitive threats 245

15.1.4    JTEKT CORPORATION  246

15.1.4.1 Business overview 246

15.1.4.2 Products/Solutions/Services offered 247

15.1.4.3 Recent developments         248

15.1.4.4 MnM view           249

15.1.4.4.1            Key strengths       249

15.1.4.4.2            Strategic choices  249

15.1.4.4.3            Weaknesses and competitive threats 249

15.1.5    ROBERT BOSCH GMBH 250

15.1.5.1 Business overview 250

15.1.5.2 Products/Solutions/Services offered 251

15.1.5.3 MnM view           252

15.1.5.3.1            Key strengths       252

15.1.5.3.2            Strategic choices  252

15.1.5.3.3            Weaknesses & competitive threats   252

15.1.6    HITACHI ASTEMO AMERICAS, INC.        253

15.1.6.1 Business overview 253

15.1.6.2 Products/Solutions/Services offered 253

15.1.7    IMS GEAR          254

15.1.7.1 Business overview 254

15.1.7.2 Products/Solutions/Services offered 255

15.1.8    UNIVANCE CORPORATION        256

15.1.8.1 Business overview 256

15.1.8.2 Products/Solutions/Services offered 256

15.1.9    EATON 257

15.1.9.1 Business overview 257

15.1.9.2 Products/Solutions/Services offered 258

15.1.9.3 Recent developments         259

15.1.10  CUMMINS INC. 260

15.1.10.1             Business overview 260

15.1.10.2             Products offered  261

15.1.11  RSB GROUP       262

15.1.11.1             Business overview 262

15.1.11.2             Products/Solutions/Services offered 262

15.1.12  HOTA INDUSTRIAL MFG. CO., LTD.       263

15.1.12.1             Business overview 263

15.1.12.2             Products/Solutions/Services offered 264

15.1.13  EEC.VECV          265

15.1.13.1             Business overview 265

15.1.13.2             Products/Solutions/Services offered 266

15.2       OTHER PLAYERS           267

15.2.1    BHARAT FORGE             267

15.2.2    AMTECH OEM  268

15.2.3    PORITE INDIA PVT. LTD.           269

15.2.4    LINAMAR CORPORATION          270

15.2.5    ALLIED TRANSMISSION             271

15.2.6    UNITED GEAR AND ASSEMBLY 272

15.2.7    GLEASON CORPORATION         273

15.2.8    FRANZ MORAT HOLDING GMBH & CO. KG         274

15.2.9    HEBEI YING XING GEAR CO., LTD.          274

15.2.10  UNIVERSAL AUTO GEARS LLP  275

15.2.11  GEAR MOTIONS             276

15.2.12  GNA GEARS       277

15.2.13  TANDLER ZAHNRAD- UND GETRIEBEFABRIK GMBH & CO. KG. 278

15.2.14  MOREALI MARIO SPA GEARS     279

15.2.15  NEXTEER AUTOMOTIVE            280

16          RECOMMENDATIONS BY MARKETSANDMARKETS         281

16.1       ASIA PACIFIC TO DOMINATE AUTOMOTIVE GEARS MARKET    281

16.2       ADVANCED TRANSMISSION GEARS AND NON-METALLIC GEARS TO BE KEY FOCUS AREAS         281

16.3       CONCLUSION   282

17          APPENDIX         283

17.1       INSIGHTS FROM INDUSTRY EXPERTS   283

17.2       DISCUSSION GUIDE      283

17.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             286

17.4       CUSTOMIZATION OPTIONS      288

17.4.1    TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE AND COUNTRY         288

17.4.1.1 Automatic transmission     288

17.4.1.2 Automated manual transmission      288

17.4.1.3 Manual transmission          288

17.4.1.4 Dual-clutch transmission   288

17.4.2    DIFFERENTIAL GEARS MARKET, BY GEAR TYPE AND COUNTRY              288

17.4.2.1 Spur gears            288

17.4.2.2 Worm gears         288

17.4.2.3 Bevel gears          288

17.4.2.4 Hypoid gears       288

17.4.2.5 Helical gears        288

17.4.2.6 Pinion gears         288

17.4.3    TRANSMISSION GEARS MARKET, BY GEAR TYPE             288

17.4.3.1 Helical gears        288

17.4.3.2 Spur gears            288

17.4.3.3 Planetary gears    288

17.5       RELATED REPORTS       289

17.6       AUTHOR DETAILS         290

LIST OF TABLES

TABLE 1             CURRENCY EXCHANGE RATES, 2019–2023           32

TABLE 2             LISTS OF PATENTS GRANTED IN AUTOMOTIVE GEARS MARKET, 2020–2024       70

TABLE 3             US: IMPORT DATA FOR AUTOMOTIVE GEARS, BY EXPORTER,

2019–2023 (USD THOUSAND)     74

TABLE 4             CHINA: IMPORT DATA FOR AUTOMOTIVE GEARS, BY EXPORTER,

2019–2023 (USD THOUSAND)     75

TABLE 5             GERMANY: IMPORT DATA FOR AUTOMOTIVE GEARS, BY EXPORTER,

2019–2023 (USD THOUSAND)     75

TABLE 6             CANADA: IMPORT DATA FOR AUTOMOTIVE GEARS, BY EXPORTER,

2019–2023 (USD THOUSAND)     75

TABLE 7             BRAZIL: IMPORT DATA FOR AUTOMOTIVE GEARS, BY EXPORTER,

2019–2023 (USD THOUSAND)     76

TABLE 8             GERMANY: EXPORT DATA FOR AUTOMOTIVE GEARS, BY IMPORTER,

2019–2023 (USD THOUSAND)     76

TABLE 9             CHINA: EXPORT DATA FOR AUTOMOTIVE GEARS, BY IMPORTER,

2019–2023 (USD THOUSAND)     76

TABLE 10           ITALY: EXPORT DATA FOR AUTOMOTIVE GEARS, BY IMPORTER,

2019–2023 (USD THOUSAND)     77

TABLE 11           US: EXPORT DATA FOR AUTOMOTIVE GEARS, BY IMPORTER,

2019–2023 (USD THOUSAND)     77

TABLE 12           JAPAN: EXPORT DATA FOR AUTOMOTIVE GEARS, BY IMPORTER,

2019–2023 (USD THOUSAND)     77

TABLE 13           ROLE OF PLAYERS IN AUTOMOTIVE GEARS MARKET ECOSYSTEM     79

TABLE 14           AUTOMOTIVE GEARS MARKET: AVERAGE SELLING PRICE (ASP) TREND,

BY REGION, 2019–2023 (USD)     81

TABLE 15           AVERAGE SELLING PRICES (ASP) FOR GEAR TYPES        82

TABLE 16           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 83

TABLE 17           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 83

TABLE 18           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 84

TABLE 19           REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         84

TABLE 20           KEY STAKEHOLDERS IN BUYING PROCESS FOR

AUTOMOTIVE GEAR APPLICATIONS (%)            86

TABLE 21           KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              86

TABLE 22           AUTOMOTIVE GEARS MARKET: DETAILED LIST OF

CONFERENCES & EVENTS, 2024–2025     87

TABLE 23           STEERING GEARS: SUPPLIER ANALYSIS, 2021–2024          88

TABLE 24           MATERIALS USED IN GEAR MANUFACTURING  88

TABLE 25           AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,2019–2023 (THOUSAND UNITS)     90

TABLE 26           AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (THOUSAND UNITS)     91

TABLE 27           AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,2019–2023 (USD MILLION)          91

TABLE 28           AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)          92

TABLE 29           PLANETARY GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     92

TABLE 30           PLANETARY GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     93

TABLE 31           PLANETARY GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)          93

TABLE 32           PLANETARY GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)          93

TABLE 33           BEVEL GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 94

TABLE 34           BEVEL GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 94

TABLE 35           BEVEL GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)              94

TABLE 36           BEVEL GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)              95

TABLE 37           RACK AND PINION GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     95

TABLE 38           RACK AND PINION GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     95

TABLE 39           RACK AND PINION GEARS MARKET, BY REGION, 2019–2023 (USD MILLION) 96

TABLE 40           RACK AND PINION GEARS MARKET, BY REGION, 2024–2030 (USD MILLION) 96

TABLE 41           HYPOID GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 97

TABLE 42           HYPOID GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 97

TABLE 43           HYPOID GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)          97

TABLE 44           HYPOID GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)          98

TABLE 45           WORM GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 98

TABLE 46           WORM GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 99

TABLE 47           WORM GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)              99

TABLE 48           WORM GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)              99

TABLE 49           HELICAL GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 100

TABLE 50           HELICAL GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 100

TABLE 51           HELICAL GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)          100

TABLE 52           HELICAL GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)          101

TABLE 53           SPUR GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 101

TABLE 54           SPUR GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 101

TABLE 55           SPUR GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)              102

TABLE 56           SPUR GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)              102

TABLE 57           PINION GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 102

TABLE 58           PINION GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 103

TABLE 59           PINION GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)              103

TABLE 60           PINION GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)              103

TABLE 61           NON-METALLIC GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     104

TABLE 62           NON-METALLIC GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     104

TABLE 63           NON-METALLIC GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)          104

TABLE 64           NON-METALLIC GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)          105

TABLE 65           AUTOMOTIVE GEARS MARKET, BY APPLICATION, 2019–2023 (THOUSAND UNITS)     107

TABLE 66           AUTOMOTIVE GEARS MARKET, BY APPLICATION, 2024–2030 (THOUSAND UNITS)     108

TABLE 67           AUTOMOTIVE GEARS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 108

TABLE 68           AUTOMOTIVE GEARS MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 108

TABLE 69           AUTOMOTIVE TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 109

TABLE 70           AUTOMOTIVE TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 109

TABLE 71           AUTOMOTIVE TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          110

TABLE 72           AUTOMOTIVE TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          110

TABLE 73           AUTOMOTIVE DIFFERENTIAL GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 111

TABLE 74           AUTOMOTIVE DIFFERENTIAL GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 111

TABLE 75           AUTOMOTIVE DIFFERENTIAL GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          111

TABLE 76           AUTOMOTIVE DIFFERENTIAL GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          112

TABLE 77           AUTOMOTIVE STEERING GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 112

TABLE 78           AUTOMOTIVE STEERING GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 113

TABLE 79           AUTOMOTIVE STEERING GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)     113

TABLE 80           AUTOMOTIVE STEERING GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)     113

TABLE 81           OTHER AUTOMOTIVE GEAR APPLICATIONS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 114

TABLE 82           OTHER AUTOMOTIVE GEAR APPLICATIONS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 114

TABLE 83           OTHER AUTOMOTIVE GEAR APPLICATIONS MARKET, BY REGION,

2019–2023 (USD MILLION)          114

TABLE 84           OTHER AUTOMOTIVE GEAR APPLICATIONS MARKET, BY REGION,

2024–2030 (USD MILLION)          115

TABLE 85           AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE,

2019–2023 (THOUSAND UNITS) 117

TABLE 86           AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE,

2024–2030 (THOUSAND UNITS) 117

TABLE 87           AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE, 2019–2023 (USD MILLION) 118

TABLE 88           AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE, 2024–2030 (USD MILLION) 118

TABLE 89           AUTOMOTIVE METALLIC GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 118

TABLE 90           AUTOMOTIVE METALLIC GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 119

TABLE 91           AUTOMOTIVE METALLIC GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)     119

TABLE 92           AUTOMOTIVE METALLIC GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)     119

TABLE 93           AUTOMOTIVE NON-METALLIC GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 120

TABLE 94           AUTOMOTIVE NON-METALLIC GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 120

TABLE 95           AUTOMOTIVE NON-METALLIC GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          120

TABLE 96           AUTOMOTIVE NON-METALLIC GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          121

TABLE 97           AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)     123

TABLE 98           AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)     124

TABLE 99           AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 124

TABLE 100         AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 124

TABLE 101         PASSENGER CAR GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     125

TABLE 102         PASSENGER CAR GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     126

TABLE 103         PASSENGER CAR GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)          126

TABLE 104         PASSENGER CAR GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)          126

TABLE 105         LIGHT COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 127

TABLE 106         LIGHT COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 127

TABLE 107         LIGHT COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          128

TABLE 108         LIGHT COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          128

TABLE 109         HEAVY COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 129

TABLE 110         HEAVY COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 129

TABLE 111         HEAVY COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          129

TABLE 112         HEAVY COMMERCIAL VEHICLE GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          130

TABLE 113         DIFFERENTIAL GEARS MARKET, BY GEAR TYPE, 2019–2023 (THOUSAND UNITS)     132

TABLE 114         DIFFERENTIAL GEARS MARKET, BY GEAR TYPE, 2024–2030 (THOUSAND UNITS)     133

TABLE 115         DIFFERENTIAL GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION) 133

TABLE 116         DIFFERENTIAL GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION) 133

TABLE 117         DIFFERENTIAL BEVEL GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 134

TABLE 118         DIFFERENTIAL BEVEL GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 134

TABLE 119         DIFFERENTIAL BEVEL GEARS MARKET, BY REGION, 2019–2023 (USD MILLION) 134

TABLE 120         DIFFERENTIAL BEVEL GEARS MARKET, BY REGION, 2024–2030 (USD MILLION) 135

TABLE 121         DIFFERENTIAL PINION GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 135

TABLE 122         DIFFERENTIAL PINION GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 135

TABLE 123         DIFFERENTIAL PINION GEARS MARKET, BY REGION, 2019–2023 (USD MILLION) 136

TABLE 124         DIFFERENTIAL PINION GEARS MARKET, BY REGION, 2024–2030 (USD MILLION) 136

TABLE 125         DIFFERENTIAL HYPOID GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 136

TABLE 126         DIFFERENTIAL HYPOID GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 137

TABLE 127         DIFFERENTIAL HYPOID GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)     137

TABLE 128         DIFFERENTIAL HYPOID GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)     137

TABLE 129         DIFFERENTIAL HELICAL GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 138

TABLE 130         DIFFERENTIAL HELICAL GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 138

TABLE 131         DIFFERENTIAL HELICAL GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)     138

TABLE 132         DIFFERENTIAL HELICAL GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)     139

TABLE 133         DIFFERENTIAL WORM GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 139

TABLE 134         DIFFERENTIAL WORM GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 139

TABLE 135         DIFFERENTIAL WORM GEARS MARKET, BY REGION, 2019–2023 (USD MILLION) 140

TABLE 136         DIFFERENTIAL WORM GEARS MARKET, BY REGION, 2024–2030 (USD MILLION) 140

TABLE 137         DIFFERENTIAL SPUR GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 140

TABLE 138         DIFFERENTIAL SPUR GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 141

TABLE 139         DIFFERENTIAL SPUR GEARS MARKET, BY REGION, 2019–2023 (USD MILLION) 141

TABLE 140         DIFFERENTIAL SPUR GEARS MARKET, BY REGION, 2024–2030 (USD MILLION) 141

TABLE 141         HYBRID VEHICLE GEARS MARKET, BY APPLICATION, 2019–2023 (UNITS)             143

TABLE 142         HYBRID VEHICLE GEARS MARKET, BY APPLICATION, 2024–2030 (UNITS)             144

TABLE 143         HYBRID VEHICLE GEARS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 144

TABLE 144         HYBRID VEHICLE GEARS MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 144

TABLE 145         HYBRID VEHICLE TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (UNITS)         145

TABLE 146         HYBRID VEHICLE TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (UNITS)         145

TABLE 147         HYBRID VEHICLE TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          146

TABLE 148         HYBRID VEHICLE TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          146

TABLE 149         HYBRID VEHICLE DIFFERENTIAL GEARS MARKET, BY REGION, 2019–2023 (UNITS)         147

TABLE 150         HYBRID VEHICLE DIFFERENTIAL GEARS MARKET, BY REGION, 2024–2030 (UNITS)         147

TABLE 151         HYBRID VEHICLE DIFFERENTIAL GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          147

TABLE 152         HYBRID VEHICLE DIFFERENTIAL GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          147

TABLE 153         HYBRID VEHICLE STEERING GEARS MARKET, BY REGION, 2019–2023 (UNITS)         148

TABLE 154         HYBRID VEHICLE STEERING GEARS MARKET, BY REGION, 2024–2030 (UNITS)         148

TABLE 155         HYBRID VEHICLE STEERING GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          148

TABLE 156         HYBRID VEHICLE STEERING GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          149

TABLE 157         HYBRID VEHICLES: OTHER GEAR APPLICATIONS MARKET, BY REGION,

2019–2023 (UNITS)         149

TABLE 158         HYBRID VEHICLES: OTHER GEAR APPLICATIONS MARKET, BY REGION,

2024–2030 (UNITS)         149

TABLE 159         HYBRID VEHICLES: OTHER GEAR APPLICATIONS MARKET, BY REGION,

2019–2023 (USD MILLION)          150

TABLE 160         HYBRID VEHICLES: OTHER GEAR APPLICATIONS MARKET, BY REGION,

2024–2030 (USD MILLION)          150

TABLE 161         TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE,

2019–2023 (THOUSAND UNITS) 152

TABLE 162         TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE,

2024–2030 (THOUSAND UNITS) 153

TABLE 163         TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE,

2019–2023 (USD MILLION)          153

TABLE 164         TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE,

2024–2030 (USD MILLION)          153

TABLE 165         AUTOMATIC TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 154

TABLE 166         AUTOMATIC TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 154

TABLE 167         AUTOMATIC TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          155

TABLE 168         AUTOMATIC TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          155

TABLE 169         AUTOMATED MANUAL TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 156

TABLE 170         AUTOMATED MANUAL TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 156

TABLE 171         AUTOMATED MANUAL TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          156

TABLE 172         AUTOMATED MANUAL TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          157

TABLE 173         MANUAL TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 157

TABLE 174         MANUAL TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 157

TABLE 175         MANUAL TRANSMISSION GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)     158

TABLE 176         MANUAL TRANSMISSION GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)     158

TABLE 177         DUAL-CLUTCH TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 159

TABLE 178         DUAL-CLUTCH TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 159

TABLE 179         DUAL-CLUTCH TRANSMISSION GEARS MARKET, BY REGION,

2019–2023 (USD MILLION)          159

TABLE 180         DUAL-CLUTCH TRANSMISSION GEARS MARKET, BY REGION,

2024–2030 (USD MILLION)          160

TABLE 181         AUTOMOTIVE GEARS MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     162

TABLE 182         AUTOMOTIVE GEARS MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     163

TABLE 183         AUTOMOTIVE GEARS MARKET, BY REGION, 2019–2023 (USD MILLION)          163

TABLE 184         AUTOMOTIVE GEARS MARKET, BY REGION, 2024–2030 (USD MILLION)          163

TABLE 185         ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 167

TABLE 186         ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 168

TABLE 187         ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          168

TABLE 188         ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          168

TABLE 189         CHINA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 169

TABLE 190         CHINA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 170

TABLE 191         CHINA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION)     170

TABLE 192         CHINA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)     171

TABLE 193         INDIA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 172

TABLE 194         INDIA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 172

TABLE 195         INDIA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION)     173

TABLE 196         INDIA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)     173

TABLE 197         JAPAN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 174

TABLE 198         JAPAN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 174

TABLE 199         JAPAN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION)     175

TABLE 200         JAPAN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)     175

TABLE 201        SOUTH KOREA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 176

TABLE 202        SOUTH KOREA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 176

TABLE 203        SOUTH KOREA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          177

TABLE 204        SOUTH KOREA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          177

TABLE 205         REST OF ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 178

TABLE 206         REST OF ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 179

TABLE 207         REST OF ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          179

TABLE 208         REST OF ASIA PACIFIC: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          180

TABLE 209         EUROPE: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 184

TABLE 210         EUROPE: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 185

TABLE 211         EUROPE: AUTOMOTIVE GEARS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     185

TABLE 212         EUROPE: AUTOMOTIVE GEARS MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     185

TABLE 213         GERMANY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 186

TABLE 214         GERMANY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 187

TABLE 215         GERMANY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          187

TABLE 216         GERMANY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          188

TABLE 217         FRANCE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 188

TABLE 218         FRANCE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 189

TABLE 219         FRANCE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          189

TABLE 220         FRANCE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          190

TABLE 221         UK: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (THOUSAND UNITS)     190

TABLE 222         UK: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (THOUSAND UNITS)     191

TABLE 223         UK: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION) 191

TABLE 224         UK: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION) 192

TABLE 225         SPAIN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 192

TABLE 226         SPAIN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 193

TABLE 227         SPAIN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION)     193

TABLE 228         SPAIN: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)     194

TABLE 229         ITALY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 195

TABLE 230         ITALY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 195

TABLE 231         ITALY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION)     196

TABLE 232         ITALY: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)     196

TABLE 233         REST OF EUROPE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 197

TABLE 234         REST OF EUROPE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 197

TABLE 235         REST OF EUROPE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          198

TABLE 236         REST OF EUROPE: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          198

TABLE 237         NORTH AMERICA: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 202

TABLE 238         NORTH AMERICA: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 203

TABLE 239         NORTH AMERICA: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          203

TABLE 240         NORTH AMERICA: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          203

TABLE 241         US: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (THOUSAND UNITS)     204

TABLE 242         US: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (THOUSAND UNITS)     205

TABLE 243         US: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION) 205

TABLE 244         US: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION) 206

TABLE 245         MEXICO: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 207

TABLE 246         MEXICO: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 207

TABLE 247         MEXICO: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          208

TABLE 248         MEXICO: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          208

TABLE 249         CANADA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 209

TABLE 250         CANADA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 209

TABLE 251         CANADA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          210

TABLE 252         CANADA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          210

TABLE 253         REST OF THE WORLD: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 213

TABLE 254         REST OF THE WORLD: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 214

TABLE 255         REST OF THE WORLD: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          214

TABLE 256         REST OF THE WORLD: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          214

TABLE 257         BRAZIL: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 215

TABLE 258         BRAZIL: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 215

TABLE 259         BRAZIL: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2019–2023 (USD MILLION)     216

TABLE 260         BRAZIL: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024–2030 (USD MILLION)     216

TABLE 261        SOUTH AFRICA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 217

TABLE 262        SOUTH AFRICA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 217

TABLE 263        SOUTH AFRICA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          218

TABLE 264        SOUTH AFRICA: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          218

TABLE 265         OTHER COUNTRIES IN ROW: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (THOUSAND UNITS) 219

TABLE 266         OTHER COUNTRIES IN ROW: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (THOUSAND UNITS) 219

TABLE 267         OTHER COUNTRIES IN ROW: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2019–2023 (USD MILLION)          220

TABLE 268         OTHER COUNTRIES IN ROW: AUTOMOTIVE GEARS MARKET, BY GEAR TYPE,

2024–2030 (USD MILLION)          220

TABLE 269         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     223

TABLE 270         AUTOMOTIVE GEARS MARKET: DEGREE OF COMPETITION, 2023      224

TABLE 271         AUTOMOTIVE GEARS MARKET: COMPANY APPLICATION FOOTPRINT      230

TABLE 272         AUTOMOTIVE GEARS MARKET: COMPANY REGIONAL FOOTPRINT      231

TABLE 273         AUTOMOTIVE GEARS MARKET: PRODUCT LAUNCHES,

JANUARY 2021–AUGUST 2024     234

TABLE 274         AUTOMOTIVE GEARS MARKET: DEALS, JANUARY 2021–AUGUST 2024    234

TABLE 275         AUTOMOTIVE GEARS MARKET: EXPANSION, JANUARY 2021–AUGUST 2024    235

TABLE 276         AUTOMOTIVE GEARS MARKET: OTHERS, JANUARY 2021–AUGUST 2024    235

TABLE 277         AMERICAN AXLE AND MANUFACTURING, INC.: COMPANY OVERVIEW        237

TABLE 278         AMERICAN AXLE AND MANUFACTURING, INC.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED   238

TABLE 279         AMERICAN AXLE AND MANUFACTURING, INC.: DEALS 239

TABLE 280         AMERICAN AXLE AND MANUFACTURING, INC.: OTHERS              239

TABLE 281         BHARAT GEARS LTD.: COMPANY OVERVIEW     241

TABLE 282         BHARAT GEARS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          242

TABLE 283         GKN POWDER METALLURGY: COMPANY OVERVIEW    243

TABLE 284         GKN POWDER METALLURGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   244

TABLE 285         GKN POWDER METALLURGY: DEALS    244

TABLE 286         GKN POWDER METALLURGY: EXPANSION         244

TABLE 287         JTEKT CORPORATION: COMPANY OVERVIEW  246

TABLE 288         JTEKT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          247

TABLE 289         JTEKT CORPORATION: PRODUCT LAUNCHES  248

TABLE 290         ROBERT BOSCH GMBH: COMPANY OVERVIEW 250

TABLE 291         ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED          251

TABLE 292         HITACHI ASTEMO AMERICAS, INC.: COMPANY OVERVIEW              253

TABLE 293         HITACHI ASTEMO AMERICAS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   253

TABLE 294         IMS GEAR: COMPANY OVERVIEW           254

TABLE 295         IMS GEAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED              255

TABLE 296         UNIVANCE CORPORATION: COMPANY OVERVIEW        256

TABLE 297         UNIVANCE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   256

TABLE 298         EATON: COMPANY OVERVIEW 257

TABLE 299         EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED  258

TABLE 300         EATON: PRODUCT LAUNCHES 259

TABLE 301         EATON: EXPANSION     259

TABLE 302         CUMMINS INC.: COMPANY OVERVIEW  260

TABLE 303         CUMMINS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              261

TABLE 304         RSB GROUP: COMPANY OVERVIEW       262

TABLE 305         RSB GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              262

TABLE 306         RSB GROUP: OTHERS    262

TABLE 307         HOTA INDUSTRIAL MFG. CO., LTD.: COMPANY OVERVIEW              263

TABLE 308         HOTA INDUSTRIAL MFG. CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   264

TABLE 309         EEC.VECV: COMPANY OVERVIEW          265

TABLE 310         EEC.VECV: PRODUCTS/SOLUTIONS/SERVICES OFFERED              266

TABLE 311         EEC.VECV: EXPANSION 266

TABLE 312         BHARAT FORGE: COMPANY OVERVIEW 267

TABLE 313         AMTECH OEM: COMPANY OVERVIEW   268

TABLE 314         PORITE INDIA PVT. LTD.: COMPANY OVERVIEW            269

TABLE 315         LINAMAR CORPORATION: COMPANY OVERVIEW           270

TABLE 316         ALLIED TRANSMISSION: COMPANY OVERVIEW 271

TABLE 317         UNITED GEAR AND ASSEMBLY: COMPANY OVERVIEW  272

TABLE 318         GLEASON CORPORATION: COMPANY OVERVIEW          273

TABLE 319         FRANZ MORAT HOLDING GMBH & CO. KG: COMPANY OVERVIEW        274

TABLE 320         HEBEI YING XING GEARS CO., LTD.: COMPANY OVERVIEW              274

TABLE 321         UNIVERSAL AUTO GEARS LLP: COMPANY OVERVIEW   275

TABLE 322         GEAR MOTIONS: COMPANY OVERVIEW 276

TABLE 323         GNA GEARS: COMPANY OVERVIEW       277

TABLE 324         TANDLER ZAHNRAD- UND GETRIEBEFABRIK GMBH & CO. KG.:

COMPANY OVERVIEW  278

TABLE 325         MOREALI MARIO SPA GEARS: COMPANY OVERVIEW     279

TABLE 326         NEXTEER AUTOMOTIVE: COMPANY OVERVIEW             280

LIST OF FIGURES

FIGURE 1           RESEARCH DESIGN       35

FIGURE 2           RESEARCH DESIGN MODEL       36

FIGURE 3           BREAKDOWN OF PRIMARY INTERVIEWS            40

FIGURE 4           RESEARCH METHODOLOGY: HYPOTHESIS BUILDING  42

FIGURE 5           BOTTOM-UP APPROACH           43

FIGURE 6           DATA TRIANGULATION             44

FIGURE 7           AUTOMOTIVE GEARS MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)          49

FIGURE 8           AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024 VS. 2030 (USD MILLION) 49

FIGURE 9           GROWTH IN PRODUCTION OF VEHICLES EQUIPPED WITH

CONVENIENT FEATURES TO DRIVE MARKET    52

FIGURE 10         PASSENGER CARS SEGMENT TO LEAD MARKET IN 2024 52

FIGURE 11         METALLIC GEARS SEGMENT TO ACCOUNT FOR SIGNIFICANT MARKET SHARE DURING FORECAST PERIOD    53

FIGURE 12         DIFFERENTIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       53

FIGURE 13         HELICAL GEARS SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2030 54

FIGURE 14         DIFFERENTIAL SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD     54

FIGURE 15         AUTOMATIC TRANSMISSION SEGMENT TO LEAD MARKET DURING

FORECAST PERIOD       55

FIGURE 16         BEVEL GEARS SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING

FORECAST PERIOD       55

FIGURE 17         ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD       56

FIGURE 18         AUTOMOTIVE GEARS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES        58

FIGURE 19         PRODUCTION OF PASSENGER CARS AND LCVS, 2020–2024 (THOUSAND UNITS)     59

FIGURE 20         PRODUCTION OF C-SEGMENT AND ABOVE VEHICLES, BY SEGMENT,

2019–2023 (THOUSAND UNITS) 60

FIGURE 21         PRODUCTION OF COMPACT, MID-SIZE, AND FULL-SIZE SUVS, BY SEGMENT,

2019–2023 (THOUSAND UNITS) 61

FIGURE 22         PRODUCTION OF HEAVY COMMERCIAL VEHICLES, 2020–2023 (THOUSAND UNITS)     61

FIGURE 23         PRODUCTION OF BUSES AND COACHES, 2020–2023 (UNITS)              62

FIGURE 24         ELECTRIC CAR SALES, BY QUARTER, 2021–2023 (MILLION UNITS) 63

FIGURE 25         EV TRUCK SALES, 2020–2023 (UNITS)     64

FIGURE 26         ELECTRIC BUS SALES, 2020–2023 (UNITS)           64

FIGURE 27         PHEV CAR SALES, 2019–2024 (UNITS)     65

FIGURE 28         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS          67

FIGURE 29         INVESTMENT AND FUNDING SCENARIO, 2019–2023       69

FIGURE 30         PATENT ANALYSIS, 2014–2024   70

FIGURE 31         AUTOMOTIVE GEARS MARKET: SUPPLY CHAIN ANALYSIS              78

FIGURE 32         AUTOMOTIVE GEARS MARKET: ECOSYSTEM    79

FIGURE 33         AUTOMOTIVE GEARS MARKET: AVERAGE SELLING PRICE (ASP) TREND, BY REGION          81

FIGURE 34         AVERAGE SELLING PRICES (ASP) FOR GEAR TYPES        82

FIGURE 35         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

AUTOMOTIVE GEAR APPLICATIONS     85

FIGURE 36         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              86

FIGURE 37         AUTOMOTIVE GEARS MARKET, BY GEAR TYPE, 2024 VS. 2030 (USD MILLION) 90

FIGURE 38         AUTOMOTIVE GEARS MARKET, BY APPLICATION, 2024 VS. 2030 (USD MILLION) 107

FIGURE 39         AUTOMOTIVE GEARS MARKET, BY MATERIAL TYPE, 2024 VS. 2030 (USD MILLION)     117

FIGURE 40         AUTOMOTIVE GEARS MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)     123

FIGURE 41         DIFFERENTIAL GEARS MARKET, BY GEAR TYPE, 2024 VS. 2030 (USD MILLION) 132

FIGURE 42         HYBRID VEHICLE GEARS MARKET, BY APPLICATION,

2024 VS. 2030 (USD MILLION)     143

FIGURE 43         TRANSMISSION GEARS MARKET, BY TRANSMISSION TYPE,

2024 VS. 2030 (USD MILLION)     152

FIGURE 44         AUTOMOTIVE GEARS MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)          162

FIGURE 45         ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025      165

FIGURE 46         ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2023–2025              165

FIGURE 47         ASIA PACIFIC: CPI INFLATION RATE, BY COUNTRY, 2023–2025              165

FIGURE 48         ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2023 (USD TRILLION)    166

FIGURE 49         ASIA PACIFIC: AUTOMOTIVE GEARS MARKET SNAPSHOT              167

FIGURE 50         EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025              182

FIGURE 51         EUROPE: GDP PER CAPITA, BY COUNTRY, 2023–2025     182

FIGURE 52         EUROPE: CPI INFLATION RATE, BY COUNTRY, 2023–2025              182

FIGURE 53         EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2023 (USD TRILLION)    183

FIGURE 54         EUROPE: AUTOMOTIVE GEARS MARKET SNAPSHOT     184

FIGURE 55         NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025          200

FIGURE 56         NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2023–2025              200

FIGURE 57         NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2023–2025      200

FIGURE 58         NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2023 (USD TRILLION)    201

FIGURE 59         NORTH AMERICA: AUTOMOTIVE GEARS MARKET SNAPSHOT              202

FIGURE 60         REST OF THE WORLD: REAL GDP ANNUAL PERCENTAGE CHANGE, 2023–2025       211

FIGURE 61         REST OF THE WORLD: GDP PER CAPITA, 2023–2025        212

FIGURE 62         REST OF THE WORLD: CPI INFLATION RATE, 2023–2025 212

FIGURE 63         REST OF THE WORLD: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP

(USD TRILLION)            212

FIGURE 64         REST OF THE WORLD: AUTOMOTIVE GEARS MARKET, BY COUNTRY,

2024 VS. 2030 (USD MILLION)     213

FIGURE 65         MARKET SHARE OF KEY PLAYERS, 2023 224

FIGURE 66         REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023 (USD BILLION)           226

FIGURE 67         COMPANY EVALUATION MATRIX: AUTOMOTIVE GEARS MARKET

(KEY PLAYERS) 2024      228

FIGURE 68         AUTOMOTIVE GEARS MARKET: COMPANY FOOTPRINT              229

FIGURE 69         COMPANY VALUATION 232

FIGURE 70         EV/EBITDA OF KEY PLAYERS    232

FIGURE 71         BRAND/PRODUCT COMPARISON          233

FIGURE 72         AMERICAN AXLE AND MANUFACTURING, INC.:COMPANY SNAPSHOT        238

FIGURE 73         BHARAT GEARS LTD.: COMPANY SNAPSHOT    241

FIGURE 74         GKN POWDER METALLURGY: COMPANY SNAPSHOT    243

FIGURE 75         JTEKT CORPORATION: COMPANY SNAPSHOT  247

FIGURE 76         ROBERT BOSCH GMBH: COMPANY SNAPSHOT 251

FIGURE 77         IMS GEAR: COMPANY SNAPSHOT          254

FIGURE 78         EATON: COMPANY SNAPSHOT 258

FIGURE 79         CUMMINS INC.: COMPANY SNAPSHOT 261

FIGURE 80         HOTA INDUSTRIAL MFG CO., LTD.: COMPANY SNAPSHOT              264