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World Gears

World Gears

Advances in the world gears market will average 6.0 percent per year through 2019, reaching $221 billion in that year. Growth will be fueled by durable goods output gains and the increasing use of more sophisticated gears in automotive applications. The rise of new markets for gears, such as wind and solar energy systems, will also be a major contributing factor.

This report segments the world gears market by product. Data is provided in millions of US dollars.

Major gear products covered in this study include:
Vehicular Gear Assemblies (Powertrain, Steering)
Other Gear Assemblies (Speed Reducer & Changer, Gearmotor & Other Assemblies)
Individual Gears

Vehicular gear assemblies are by far the most widely used product type, accounting for nearly four-fifths of all product sales in 2014. However, the other gear assemblies segment will register the fastest gains through 2019. In large part, growth will be driven by a surge in gear assembly sales for several small but rapidly-growing end use markets, particularly solar and wind energy systems. Demand for other gear assemblies will also rise because of advances in global machinery production and the introduction of more expensive products.

Among the gear markets covered in this study are:
Motor Vehicles
Machinery
Other Markets

Motor vehicles, which accounted for 73 percent of product sales in 2014, are by far the largest market for gears. Through 2019, motor vehicles will account for more than two-thirds of all new gear demand, as global motor vehicle production expands at a healthy pace.

Historical demand and forecasts for 19 countries in the following regions are presented in this report:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast

The global gear industry includes thousands of manufacturers, ranging from small companies that manufacture just a few product types to large, fully integrated multinational corporations that have extensive gear portfolios. A number of major acquisitions and divestitures have occurred in recent years. Among the world’s leading suppliers of gears are Aisin Seiki, Eaton, Fiat Chrysler Automobiles, Ford, General Motors, GETRAG, Honda, Hyundai, Toyota, Volkswagen, and ZF Friedrichshafen.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table GEAR DEMAND
  • MARKET ENVIRONMENT
    • General
    • World Economic Overview
      • Recent Historical Trends
      • World Economic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION
    • World Gross Fixed Investment Outlook
      • Table WORLD GROSS FIXED INVESTMENT BY REGION
    • World Durable Goods Manufacturing Outlook
      • Table WORLD DURABLE GOODS MANUFACTURING VALUE ADDED BY TYPE & REGION
    • World Motor Vehicle Trends
      • Motor Vehicle Production
        • Table MOTOR VEHICLE PRODUCTION BY TYPE & REGION
        • Table CHART II-1 WORLD MOTOR VEHICLE PRODUCTION BY REGION, 2014
      • Motor Vehicles in Use
        • Table MOTOR VEHICLES IN USE BY REGION
    • Pricing Patterns
      • Table WORLD GEAR PRICE DEFLATORS
      • Table CHART II-2 WORLD GEAR PRICE DEFLATORS, 2004-2024
    • Materials
    • Technological Trends
  • WORLD SUPPLY & DEMAND
    • General
    • Regional Overview
      • Demand
        • Table WORLD GEAR DEMAND BY REGION
        • Table CHART III-1 WORLD GEAR DEMAND BY REGION, 2014
        • Table CHART III-2 INCREASE IN ANNUAL GEAR DEMAND FROM 2014 TO 2019 BY REGION
        • Table CHART III-3 WORLD GEAR DEMAND: PROJECTED 2014-2019 ANNUAL RATE OF GROWTH
      • Production
        • Table WORLD GEAR PRODUCTION BY REGION
        • Table CHART III-4 WORLD GEAR PRODUCTION BY REGION, 2014
      • International Trade
        • Table WORLD GEAR NET EXPORTS BY REGION
    • Demand by Product
      • Table WORLD GEAR DEMAND BY PRODUCT
      • Table CHART III-5 WORLD GEAR DEMAND BY PRODUCT, 2014
      • Gear Assemblies
        • Table WORLD GEAR ASSEMBLIES DEMAND BY PRODUCT & REGION
      • Vehicular
        • Table WORLD VEHICULAR GEAR ASSEMBLIES DEMAND BY PRODUCT & REGION
      • Other
        • Table WORLD DEMAND FOR OTHER GEAR ASSEMBLIES BY PRODUCT & REGION
      • Individual Gears
        • Table WORLD INDIVIDUAL GEAR DEMAND BY REGION
    • Demand by Market
      • Table WORLD GEAR DEMAND BY MARKET
      • Table CHART III-6 WORLD GEAR DEMAND BY MARKET, 2014
      • Motor Vehicles
        • Table WORLD MOTOR VEHICLE GEAR DEMAND BY REGION
      • Demand by Application
        • Table WORLD MOTOR VEHICLE GEAR DEMAND BY APPLICATION
        • Table CHART III-7 WORLD MOTOR VEHICLE GEAR DEMAND BY APPLICATION, 2014
        • Table WORLD MOTOR VEHICLE TRANSMISSION GEAR DEMAND BY REGION
        • Table WORLD MOTOR VEHICLE DRIVELINE COMPONENTS GEAR DEMAND BY REGION
        • Table WORLD MOTOR VEHICLE STEERING EQUIPMENT GEAR DEMAND BY REGION
        • Table WORLD DEMAND FOR GEARS USED IN MOTOR VEHICLE ACCESSORIES & OTHER MOTOR VEHICLE APPLICATIONS
      • Demand by Source
        • Table WORLD MOTOR VEHICLE GEAR DEMAND BY SOURCE
        • Table CHART III-8 WORLD MOTOR VEHICLE GEAR DEMAND BY SOURCE, 2004-2024
      • Machinery
        • Table WORLD MACHINERY GEAR DEMAND BY REGION
      • Other
        • Table WORLD DEMAND FOR GEARS USED IN OTHER MARKETS BY SEGMENT & REGION
  • NORTH AMERICA
    • North America: Economic Overview
      • Table NORTH AMERICA: GEAR SUPPLY & DEMAND
    • North America: Gear Supply & Demand
      • Table NORTH AMERICA: GEAR DEMAND BY PRODUCT
      • Table CHART IV-1 NORTH AMERICA: GEAR DEMAND BY COUNTRY, 2014
    • North America: Gear Market Outlook
      • Table NORTH AMERICA: GEAR DEMAND BY MARKET
    • United States
      • United States: Economic Overview
        • Table UNITED STATES: GEAR SUPPLY & DEMAND
      • United States: Gear Supply & Demand
        • Table UNITED STATES: GEAR DEMAND BY PRODUCT
      • United States: Gear Market Outlook
        • Table UNITED STATES: GEAR DEMAND BY MARKET
    • Canada
      • Canada: Economic Overview
        • Table CANADA: GEAR SUPPLY & DEMAND
      • Canada: Gear Supply & Demand
        • Table CANADA: GEAR DEMAND BY PRODUCT
      • Canada: Gear Market Outlook
        • Table CANADA: GEAR DEMAND BY MARKET
    • Mexico
      • Mexico: Economic Overview
        • Table MEXICO: GEAR SUPPLY & DEMAND
      • Mexico: Gear Supply & Demand
        • Table MEXICO: GEAR DEMAND BY PRODUCT
      • Mexico: Gear Market Outlook
        • Table MEXICO: GEAR DEMAND BY MARKET
  • WESTERN EUROPE
    • Western Europe: Economic Overview
      • Table WESTERN EUROPE: GEAR SUPPLY & DEMAND
    • Western Europe: Gear Supply & Demand
      • Table WESTERN EUROPE: GEAR DEMAND BY PRODUCT
      • Table CHART V-1 WESTERN EUROPE: GEAR DEMAND BY COUNTRY, 2014
    • Western Europe: Gear Market Outlook
      • Table WESTERN EUROPE: GEAR DEMAND BY MARKET
    • Germany
      • Germany: Economic Overview
        • Table GERMANY: GEAR SUPPLY & DEMAND
      • Germany: Gear Supply & Demand
        • Table GERMANY: GEAR DEMAND BY PRODUCT
      • Germany: Gear Market Outlook
        • Table GERMANY: GEAR DEMAND BY MARKET
    • France
      • France: Economic Overview
        • Table FRANCE: GEAR SUPPLY & DEMAND
      • France: Gear Supply & Demand
        • Table FRANCE: GEAR DEMAND BY PRODUCT
      • France: Gear Market Outlook
        • Table FRANCE: GEAR DEMAND BY MARKET
    • United Kingdom
      • United Kingdom: Economic Overview
        • Table UNITED KINGDOM: GEAR SUPPLY & DEMAND
      • United Kingdom: Gear Supply & Demand
        • Table UNITED KINGDOM: GEAR DEMAND BY PRODUCT
      • United Kingdom: Gear Market Outlook
        • Table UNITED KINGDOM: GEAR DEMAND BY MARKET
    • Italy
      • Italy: Economic Overview
        • Table ITALY: GEAR SUPPLY & DEMAND
      • Italy: Gear Supply & Demand
        • Table ITALY: GEAR DEMAND BY PRODUCT
      • Italy: Gear Market Outlook
        • Table ITALY: GEAR DEMAND BY MARKET
    • Spain
      • Spain: Economic Overview
        • Table SPAIN: GEAR SUPPLY & DEMAND
      • Spain: Gear Supply & Demand
        • Table SPAIN: GEAR DEMAND BY PRODUCT
      • Spain: Gear Market Outlook
        • Table SPAIN: GEAR DEMAND BY MARKET
    • Other Western Europe
      • Other Western Europe: Economic Overview
        • Table OTHER WESTERN EUROPE: GEAR SUPPLY & DEMAND
      • Other Western Europe: Gear Supply & Demand
        • Table OTHER WESTERN EUROPE: GEAR DEMAND BY PRODUCT
      • Other Western Europe: Gear Market Outlook
        • Table OTHER WESTERN EUROPE: GEAR DEMAND BY MARKET
      • Other Western Europe: Gear Supply & Demand by Country
        • Table OTHER WESTERN EUROPE: GEAR SUPPLY & DEMAND BY COUNTRY
  • ASIA/PACIFIC
    • Asia/Pacific: Economic Overview
      • Table ASIA/PACIFIC: GEAR SUPPLY & DEMAND
    • Asia/Pacific: Gear Supply & Demand
      • Table ASIA/PACIFIC: GEAR DEMAND BY PRODUCT
      • Table CHART VI-1 ASIA/PACIFIC: GEAR DEMAND BY COUNTRY, 2014
    • Asia/Pacific: Gear Market Outlook
      • Table ASIA/PACIFIC: GEAR DEMAND BY MARKET
    • China
      • China: Economic Overview
        • Table CHINA: GEAR SUPPLY & DEMAND
      • China: Gear Supply & Demand
        • Table CHINA: GEAR DEMAND BY PRODUCT
      • China: Gear Market Outlook
        • Table CHINA: GEAR DEMAND BY MARKET
    • Japan
      • Japan: Economic Overview
        • Table JAPAN: GEAR SUPPLY & DEMAND
      • Japan: Gear Supply & Demand
        • Table JAPAN: GEAR DEMAND BY PRODUCT
      • Japan: Gear Market Outlook
        • Table JAPAN: GEAR DEMAND BY MARKET
    • South Korea
      • South Korea: Economic Overview
        • Table SOUTH KOREA: GEAR SUPPLY & DEMAND
      • South Korea: Gear Supply & Demand
        • Table SOUTH KOREA: GEAR DEMAND BY PRODUCT
      • South Korea: Gear Market Outlook
        • Table SOUTH KOREA: GEAR DEMAND BY MARKET
    • India
      • India: Economic Overview
        • Table INDIA: GEAR SUPPLY & DEMAND
      • India: Gear Supply & Demand
        • Table INDIA: GEAR DEMAND BY PRODUCT
      • India: Gear Market Outlook
        • Table INDIA: GEAR DEMAND BY MARKET
    • Thailand
      • Thailand: Economic Overview
        • Table THAILAND: GEAR SUPPLY & DEMAND
      • Thailand: Gear Supply & Demand
        • Table THAILAND: GEAR DEMAND BY PRODUCT
      • Thailand: Gear Market Outlook
        • Table THAILAND: GEAR DEMAND BY MARKET
    • Indonesia
      • Indonesia: Economic Overview
        • Table INDONESIA: GEAR SUPPLY & DEMAND
      • Indonesia: Gear Supply & Demand
        • Table INDONESIA: GEAR DEMAND BY PRODUCT
      • Indonesia: Gear Market Outlook
        • Table INDONESIA: GEAR DEMAND BY MARKET
    • Other Asia/Pacific
      • Other Asia/Pacific: Economic Overview
        • Table OTHER ASIA/PACIFIC: GEAR SUPPLY & DEMAND
      • Other Asia/Pacific: Gear Supply & Demand
        • Table OTHER ASIA/PACIFIC: GEAR DEMAND BY PRODUCT
      • Other Asia/Pacific: Gear Market Outlook
        • Table OTHER ASIA/PACIFIC: GEAR DEMAND BY MARKET
  • OTHER REGIONS
    • Central & South America
      • Central & South America: Economic Overview
        • Table CENTRAL & SOUTH AMERICA: GEAR SUPPLY & DEMAND
      • Central & South America: Gear Supply & Demand
        • Table CENTRAL & SOUTH AMERICA: GEAR DEMAND BY PRODUCT
      • Central & South America: Gear Market Outlook
        • Table CENTRAL & SOUTH AMERICA: GEAR DEMAND BY MARKET
      • Brazil
        • Table BRAZIL: GEAR SUPPLY & DEMAND
        • Table BRAZIL: GEAR DEMAND BY PRODUCT
        • Table BRAZIL: GEAR DEMAND BY MARKET
      • Other Central & South America
        • Table OTHER CENTRAL & SOUTH AMERICA: GEAR SUPPLY & DEMAND
        • Table OTHER CENTRAL & SOUTH AMERICA: GEAR DEMAND BY PRODUCT
        • Table OTHER CENTRAL & SOUTH AMERICA: GEAR DEMAND BY MARKET
    • Eastern Europe
      • Eastern Europe: Economic Overview
        • Table EASTERN EUROPE: GEAR SUPPLY & DEMAND
      • Eastern Europe: Gear Supply & Demand
        • Table EASTERN EUROPE: GEAR DEMAND BY PRODUCT
        • Table CHART VII-1 EASTERN EUROPE: GEAR DEMAND BY COUNTRY, 2014
      • Eastern Europe: Gear Market Outlook
        • Table EASTERN EUROPE: GEAR DEMAND BY MARKET
      • Russia
        • Table RUSSIA: GEAR SUPPLY & DEMAND
        • Table RUSSIA: GEAR DEMAND BY PRODUCT
        • Table RUSSIA: GEAR DEMAND BY MARKET
      • Czech Republic
        • Table CZECH REPUBLIC: GEAR SUPPLY & DEMAND
        • Table CZECH REPUBLIC: GEAR DEMAND BY PRODUCT
        • Table CZECH REPUBLIC: GEAR DEMAND BY MARKET
      • Poland
        • Table POLAND: GEAR SUPPLY & DEMAND
        • Table POLAND: GEAR DEMAND BY PRODUCT
        • Table POLAND: GEAR DEMAND BY MARKET
      • Other Eastern Europe
        • Table OTHER EASTERN EUROPE: GEAR SUPPLY & DEMAND
        • Table OTHER EASTERN EUROPE: GEAR DEMAND BY PRODUCT
        • Table OTHER EASTERN EUROPE: GEAR DEMAND BY MARKET
        • Table OTHER EASTERN EUROPE: GEAR SUPPLY & DEMAND BY COUNTRY
    • Africa/Mideast
      • Africa/Mideast: Economic Overview
        • Table AFRICA/MIDEAST: GEAR SUPPLY & DEMAND
      • Africa/Mideast: Gear Supply & Demand
        • Table AFRICA/MIDEAST: GEAR DEMAND BY PRODUCT
        • Table CHART VII-2 AFRICA/MIDEAST: GEAR DEMAND BY COUNTRY, 2014
      • Africa/Mideast: Gear Market Outlook
        • Table AFRICA/MIDEAST: GEAR DEMAND BY MARKET
      • Turkey
        • Table TURKEY: GEAR SUPPLY & DEMAND
        • Table TURKEY: GEAR DEMAND BY PRODUCT
        • Table TURKEY: GEAR DEMAND BY MARKET
      • Other Africa/Mideast
        • Table OTHER AFRICA/MIDEAST: GEAR SUPPLY & DEMAND
        • Table OTHER AFRICA/MIDEAST: GEAR DEMAND BY PRODUCT
        • Table OTHER AFRICA/MIDEAST: GEAR DEMAND BY MARKET
        • Table OTHER AFRICA/MIDEAST: GEAR SUPPLY & DEMAND BY COUNTRY
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table WORLD GEAR SALES BY COMPANY, 2014
    • Market Share
      • Table CHART VIII-1 WORLD GEAR MARKET SHARE, 2014
    • Product Development & Manufacturing
    • Marketing & Distribution
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Company Profiles
      • Aisin Seiki Company Limited
      • Allison Transmission Holdings Incorporated
      • American Axle & Manufacturing Holdings Incorporated
      • Bonfiglioli Riduttori SpA
      • BorgWarner Incorporated
      • Bosch (Robert) GmbH
      • Brevini Power Transmission SpA
      • Carraro SpA
      • Caterpillar Incorporated
      • China High Speed Transmission Equipment Group Company Limited
      • Clyde Blowers Limited
      • Daimler AG
      • Dana Holding Corporation
      • Eaton Corporation plc
      • Fiat Chrysler Automobiles NV
      • Ford Motor Company
      • General Motors Company
      • GETRAG Getriebe- und Zahnradfabrik Hermann Hagenmeyer GmbH & Cie KG
      • GKN plc
      • Honda Motor Company Limited
      • Hyundai Motor Company
      • Magna International Incorporated
      • Meritor Incorporated
      • Nissan Motor Company Limited
      • OC Oerlikon Management AG
      • Peugeot SA
      • SEW-EURODRIVE GmbH & Company KG
      • Shaanxi Fast Auto Drive Group Company Limited
      • Siemens AG
      • Sumitomo Heavy Industries Limited
      • Toyota Motor Corporation
      • Univance Corporation
      • Valeo SA
      • Volkswagen AG
      • ZF Friedrichshafen AG
    • Other Companies Mentioned in Study

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