Press release
Automotive Gears Market: Latest Innovations, Drivers and Industry Key Events 2017 - 2025
An automotive gear is a rotating part containing teeth, which forms a mesh with another toothed machine part or gear and transmits torque. The gears can change torque, speed and direction of the power source and are considered to be a critical component in an automotive system for its locomotion. The automotive gears market has evolved from manual gear shift prototypes to automatic gear transmission systems in current set of vehicles. Automatic transmission has gained traction in automotive gears market at present owing to improved product durability and fuel efficiency of the vehicle. Technologically advanced gear system helps in smooth functioning of engine and avoid engine losses that may result from friction and lubrication. This reduces the emission level of vehicle.
Get access to full summary @: http://www.persistencemarketresearch.com/market-research/automotive-gears-market.asp
The demand of automotive gear system derived from original equipment manufacturers (OEM) as well as aftermarket of which the aftermarket is considered to be the prominent contributor for the growth of automotive gears market.
Automotive Gears Market: Market Dynamics
The growth in passenger as well as production of vehicles has resulted in demand increase of the automotive gears. The automotive gears market is primarily driven by the increasing demand for improved acceleration and low carbon footprint in the automotive vehicles. The limited product shelf life in conventional gear systems also can be attributed to the growth of automotive gears market.
The lightweight and highly durable aluminum and composite gears are estimated to gain popularity with their market registering a significant growth during the forecast period. Parallel shaft gears and skew shaft gears together are expected to account for a large market share in the overall automotive gears market over the forecast period.
Increasing demand for the automatic transmission in vehicles is one of the growing trends witnessed in the automotive industry, which in turn has increased the demand of automotive gears market.
Obsolescence is one of the major restraints for the auto gear manufacturers which affects the auto gear production with the change in technology the parts replacing the existing prototype
Request to view Table of Content @ www.persistencemarketresearch.com/toc/13786
Automotive Gears Market: Regional Outlook
The burgeoning production volume for passenger and LCV in the Asia Pacific region is expected to be an attractive market for the global automotive gears market.
North America is expected to be another prominent market during the forecast period owing to the large customer base for vehicles in this region particularly in commercial vehicles thus facilitating the growth of the automotive gears market. The growing North American automotive market thus represents several opportunities for manufacturers of automotive gears and other automotive parts.
Europe followed by North America is estimated to account for a considerable share of the global automotive gears market during the forecast period with France, U.K., Italy, and Germany being the prominent countries.
A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/13786
Automotive Gears Market: Market Participants
Examples of some of the key market participants identified in the global automotive gear market include Showa Corporation, Bharat Gears Limited, IMS Gear, RSB Transmissions Ltd., Robert Bosch GmbH, ZF Friedrichshafen AG, E. I. du Pont de Nemours and Company, GKN plc, Univance Corporation, and American Axle & Manufacturing Holdings, Inc., among others.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Gears Market: Latest Innovations, Drivers and Industry Key Events 2017 - 2025 here
News-ID: 579803 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Gear
Revolutionizing Success in the Gear Racks Market: Latest Trends, Technological A …
The Gear Racks Market research study is a professional report with premium insights into the size of the business, current patterns, drivers, risks, potential outcomes, and major segments. The Industry Report forecasts the future growth of the market based on precise assumptions. Furthermore, based on input from industry experts, the report provides actionable insights into the Gear Racks Market's future growth to assist readers in developing effective strategies. The research…
Global Aircraft Landing Gear Market By Type: Nose Landing Gear, Main Landing Gea …
The airplane's landing gear supports the entire weight of the aircraft during landing and landing procedures. They are attached to the main structural elements of the airplane. The type of equipment required depends on the design and planned use of the aircraft. Most trolleys have wheels to make it easier to move them over uneven surfaces, like the floor. Other objects also include skids, such as the tail portion of…
Abstract of Speed Changer, Industrial High-Speed Drive, and Gear Market 2019 by …
The Speed Changer, Industrial High-Speed Drive, and Gear Market report provides detailed information on past, present and future market trends including the development rate, capacities, growth drivers, technologies and the capital structure. The Speed Changer, Industrial High-Speed Drive, and Gear Market report aims to provide comprehensive details to help market players and consultants to understand the on-going scenario of the Speed Changer, Industrial High-Speed Drive, and Gear market. The Speed…
Gear Racks Market Size, Status, Top Emerging Trends, Growth and Business Opportu …
A new business intelligence report released by Up Market Research on “Global Gear Racks Market”. Report provides a comprehensive market analysis with future prospects to 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108986
The report contains 119 pages which highly exhibit on current market analysis scenario, upcoming…
Hurtle Gear
Hurtle Gear is your one-stop shop for all motorcycle parts, products and accessories. Beautiful products and brilliant service.
Hurtle Gear is your one-stop shop for all motorcycle parts, products and accessories. Beautiful products and brilliant service.
Hurtle Gear
3/4 Mummery Crescent
Bunbury
Western Australia
6230…
Global Worm Gear Drives Market Price, Sales, Gross Margin, Growth Rate by Timken …
A worm drive is a gear arrangement in which a worm (which is a gear in the form of a screw) meshes with a worm gear (which is similar in appearance to a spur gear).
Like other gear arrangements, a worm drive can reduce rotational speed or transmit higher torque. A worm is an example of a screw, one of the six simple machines.
Download Sample Report of Worm Gear Drives Market…
