세계의 자동차용 기어 시장 : 기어 유형, 차량 유형, 재료, 생산 공정, 기술, 용도, 최종 사용자, 지역별 분석 및 예측(-2030년)

According to Stratistics MRC, the Global Automotive Gears Market is accounted for $42.58 billion in 2024 and is expected to reach $52.63 billion by 2030 growing at a CAGR of 5.2% during the forecast period. Automotive gears are mechanical components that transmit power and motion within a vehicle's drivetrain. They enable the engine's rotational force to be converted into usable torque, allowing for acceleration and speed regulation. They come in various forms, such as spur, helical, bevel, and planetary gears, each designed to optimize efficiency, reduce wear, and ensure reliability under different driving conditions.

According to IEA, 14 million new electric vehicles were registered in Europe in 2023, China produced 8.1 million electric vehicles, and the US reached 1.4 million in 2023.

Market Dynamics:

Driver:

Growing vehicle production

As global automotive manufacturing ramps up, the need for reliable, high-performance gears becomes critical for enhancing vehicle efficiency, performance, and safety. Increased production leads to higher sales volumes, allowing manufacturers to scale operations and invest in innovative gear technologies. Additionally, the rise in consumer preference for advanced features in vehicles, such as improved fuel efficiency and enhanced driving dynamics, further fuels the demand for specialized gear systems, ultimately contributing to market growth and innovation in gear design and manufacturing.

Restraint:

Design complexities

Design complexities in automotive gears arise from the need for higher performance, efficiency, and adaptability in modern vehicles. As manufacturers incorporate advanced technologies, such as hybrid and electric drive trains, the intricacies of gear systems increase, necessitating precise engineering and specialized materials. These complexities can lead to longer development times, higher production costs, and increased risk of design errors, ultimately hampering market growth.

Opportunity:

Mounting shift towards electric vehicles (EVs)

The mounting shift towards electric vehicles (EVs) necessitates the development of specialized gear systems tailored for electric drive trains. Unlike traditional internal combustion engines, EVs require different gear configurations to optimize torque delivery and improve efficiency. This transition encourages manufacturers to innovate and develop lightweight, high-performance gears that enhance the overall performance of electric vehicles. As EV adoption continues to rise, the automotive gears market will expand to meet evolving requirements in this segment.

Threat:

Competition from alternative technologies

Competition from alternative technologies, such as electric and hydrogen fuel cell vehicles, reduces the reliance on traditional mechanical gear systems. Additionally, innovations like direct-drive systems and electronically controlled transmissions eliminate the need for complex gear arrangements, further threatening traditional gear manufacturers. This shift can lead to decreased investment in gear technology development and production, creating challenges for companies to maintain competitiveness in a rapidly evolving automotive landscape.

Covid-19 Impact

The covid-19 pandemic significantly impacted the automotive gears market by disrupting production and supply chains, leading to delays and shortages. Lockdowns and reduced consumer demand caused a decline in vehicle sales, resulting in decreased gear production. However, the shift towards electric vehicles (EVs) spurred innovation in gear technology, as manufacturers sought to adapt to new drivetrain requirements. As the market recovers, a focus on sustainability and advanced manufacturing processes is expected to shape the future of automotive gears.

The smart gears segment is expected to be the largest during the forecast period

The smart gears segment is predicted to secure the largest market share throughout the forecast period owing to its enhanced vehicle performance and efficiency. These gears provide real-time data on parameters like temperature, wear, and load, enabling predictive maintenance and reducing downtime. Their ability to communicate with other vehicle systems supports enhanced functionality, contributing to the development of autonomous and connected vehicles, ultimately revolutionizing the automotive gears market.

The automotive gears segment is expected to have the highest CAGR during the forecast period

The automotive gears segment is anticipated to witness the highest CAGR during the forecast period. Automotive gears play a crucial role in transmission systems, facilitating the transfer of engine power to the wheels. They enable smooth gear shifts, allowing vehicles to accelerate efficiently and maintain optimal speed across various driving conditions. They leverage innovative gear designs to enhance fuel efficiency, improve performance, and ensure a seamless driving experience.

Region with largest share:

Asia Pacific is expected to register the largest market share during the forecast period driven by increasing vehicle production and rising consumer demand. Countries like China, Japan, and India are major players, with advancements in manufacturing technologies and a shift towards electric and hybrid vehicles enhancing gear design and efficiency. Additionally, government initiatives promoting automotive innovations and investments in infrastructure further boost market prospects. Further, growing focus on fuel efficiency is making the Asia-Pacific region a key hub for automotive gear production and innovation.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period characterized by a strong automotive industry. The United States and Canada lead the market, focusing on innovations in gear design to support electric vehicles and automated systems. The presence of major automotive manufacturers and a growing emphasis on sustainability are fueling the development of lightweight and high-strength gears. Additionally, investments in research and development, along with regulatory support for emissions reduction, are propelling market growth in the region.

Key players in the market

Some of the key players profiled in the Automotive Gears Market include Robert Bosch GmbH, Magna International Inc., ZF Friedrichshafen AG, Eaton Corporation plc, Schaeffler AG, Bharat Gears Ltd., Univance Corporation, Linamar Corporation, SHOWA Corporation, Mando Corporation, Oerlikon Group, NSK Limited, GKN Automotive, BorgWarner Inc., American Axle & Manufacturing Inc. and Dana Incorporated.

Key Developments:

In May 2024, Dana Incorporated launched a new line of high-efficiency gear systems designed specifically for commercial electric vehicles (EVs), with a focus on heavy-duty applications such as trucks and buses. This development aims to enhance the overall energy efficiency and performance of electric drivetrains, addressing the growing demand for sustainable solutions in the transportation sector.

In April 2024, ZF Friedrichshafen AG introduced a new range of gear systems aimed at optimizing the performance of electric vehicle (EV) drive trains. These innovative gear systems are specifically designed to address key challenges in electric mobility, such as energy efficiency and driving range, which are critical for the success of electric vehicles.

Gear Types Covered:

• Bevel Gears
• Spur Gears
• Helical Gears
• Worm Gears
• Planetary Gears
• Rack & Pinion Gears
• Other Gear Types

Vehicle Types Covered:

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles (EVs)
• Hybrid Vehicles

Materials Covered:

• Metal
• Plastic
• Composite Materials
• Other Materials

Production Processes Covered:

• Casting
• Forging
• Machining
• Additive Manufacturing
• Other Production Processes

Technologies Covered:

• Conventional Gears
• Smart Gears

Applications Covered:

• Transmission Systems
• Drivetrain Systems
• Engine Systems
• Wiper Systems
• Steering Systems
• Differential Systems
• Other Applications

End Users Covered:

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Automotive Gears Market, By Gear Type

• 5.1 Introduction
• 5.2 Bevel Gears
• 5.3 Spur Gears
• 5.4 Helical Gears
• 5.5 Worm Gears
• 5.6 Planetary Gears
• 5.7 Rack & Pinion Gears
• 5.8 Other Gear Types

6 Global Automotive Gears Market, By Vehicle Type

• 6.1 Introduction
• 6.2 Passenger Cars
• 6.3 Commercial Vehicles
• 6.4 Electric Vehicles (EVs)
• 6.5 Hybrid Vehicles

7 Global Automotive Gears Market, By Material

• 7.1 Introduction
• 7.2 Metal
• 7.3 Plastic
• 7.4 Composite Materials
• 7.5 Other Materials

8 Global Automotive Gears Market, By Production Process

• 8.1 Introduction
• 8.2 Casting
• 8.3 Forging
• 8.4 Machining
• 8.5 Additive Manufacturing
• 8.6 Other Production Processes

9 Global Automotive Gears Market, By Technology

• 9.1 Introduction
• 9.2 Conventional Gears
• 9.3 Smart Gears

10 Global Automotive Gears Market, By Application

• 10.1 Introduction
• 10.2 Transmission Systems
• 10.3 Drivetrain Systems
• 10.4 Engine Systems
• 10.5 Wiper Systems
• 10.6 Steering Systems
• 10.7 Differential Systems
• 10.8 Other Applications

11 Global Automotive Gears Market, By End User

• 11.1 Introduction
• 11.2 Original Equipment Manufacturers (OEMs)
• 11.3 Aftermarket

12 Global Automotive Gears Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Robert Bosch GmbH
• 14.2 Magna International Inc.
• 14.3 ZF Friedrichshafen AG
• 14.4 Eaton Corporation plc
• 14.5 Schaeffler AG
• 14.6 Bharat Gears Ltd.
• 14.7 Univance Corporation
• 14.8 Linamar Corporation
• 14.9 SHOWA Corporation
• 14.10 Mando Corporation
• 14.11 Oerlikon Group
• 14.12 NSK Limited
• 14.13 GKN Automotive
• 14.14 BorgWarner Inc.
• 14.15 American Axle & Manufacturing Inc.
• 14.16 Dana Incorporated
• 14.17 Aisin Seiki Corporation