기어 테크놀러지 시장 예측(-2032년) : 기어 유형별, 재료별, 제조 공정별, 기술별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Gear Technology Market is accounted for $141.53 billion in 2025 and is expected to reach $240.52 billion by 2032 growing at a CAGR of 7.87% during the forecast period. The design, development, manufacture, and use of gears and gear systems for power and motion transfer between machine parts is referred to as gear technology. To maximize performance, durability, and efficiency, it takes into account a number of factors, including materials, heat treatments, precision machining techniques, and gear types (spur, helical, bevel, and worm). In sectors where high reliability and load-bearing capacity are crucial, such as automotive, aerospace, robotics, and industrial machinery, advancements in gear technology are vital. Modern gear technology guarantees increased productivity, less wear, and less noise while in operation through the integration of digital tools like CAD/CAM software and simulation.

According to the American Gear Manufacturers Association (AGMA)-the leading U.S. standards body for gearing-AGMA has published 65 gearing standards and 40 informational documents, and actively manages 23 technical committees with more than 350 experts from gear manufacturers guiding those standards development efforts.

Market Dynamics:

Driver:

Increasing demand in the automobile sector

One of the biggest users of gear systems is the automotive industry, which makes extensive use of them in differential assemblies, engines, transmissions, and steering systems. Gear demand is directly increased by rising vehicle production worldwide, particularly in emerging economies. Additionally, the development of more efficient, compact, and quiet gear mechanisms is being fueled by the trend toward electric and hybrid vehicles. Gear technology is being further driven by manufacturers' investments in lightweight materials and lubrication technologies to lower friction losses and increase fuel efficiency in conventional vehicles.

Restraint:

High production costs and initial investment

The high initial investment needed to establish precision gear manufacturing facilities is one of the biggest barriers to the gear technology market. Purchasing sophisticated CNC machinery, gear hobbing and grinding apparatus, heat treatment systems, and quality inspection instruments like coordinate measuring machines (CMMs) are all included in this. Furthermore, the production of high-precision gears requires skilled labor, and labor costs are further increased by a shortage of technicians with the necessary training. These entry barriers can be prohibitive for small and medium-sized businesses (SMEs), making it difficult for them to compete with well-established manufacturers or implement the newest technologies.

Opportunity:

Growing smart factories and industrial automation

Smart factories are depending more and more on high-precision gear systems for automated handling systems, robotics, conveyors, and 3D printers as the Fourth Industrial Revolution gets underway. Gear manufacturers now have the chance to produce small, highly efficient gears with low backlash that are suited for robotic arms, medical automation equipment, and semiconductor production. Moreover, real-time condition monitoring and predictive maintenance are made possible by the integration of IoT and sensor technologies into gear systems (smart gearing), which benefits industrial clients and opens the door to recurring revenue through service-based business models.

Threat:

Increasing prices for energy and raw materials

Due to global demand-supply imbalances, inflation, currency fluctuations, and commodity speculation, the price of basic raw materials like alloy steel, cast iron, brass, and lubricants is subject to volatility. Concurrently, growing energy prices for gas, electricity, and fuel raise manufacturing costs even more, particularly for energy-intensive operations like machining and heat treatment. Additionally, these growing input costs can hurt profit margins and make gear manufacturers operating under fixed-price contracts less competitive, especially when compared to low-cost producers in developing nations.

Covid-19 Impact:

Due to extensive disruptions in global supply chains, factory closures, and a precipitous drop in demand from important end-use industries like industrial manufacturing, automotive, and aerospace, the COVID-19 pandemic had a major effect on the gear technology market. Production and project timelines were delayed as a result of delays in acquiring necessary components and raw materials caused by restrictions on international trade and transportation. At the same time, OEMs and manufacturers delayed or cancelled orders related to gear due to economic uncertainty and lower capital expenditure. On the other hand, the pandemic also hastened the digitization and automation of various industries, which will indirectly push the need for high-precision gear systems in robotics, medical devices, and smart manufacturing setups in the aftermath.

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

The helical gears segment is expected to account for the largest market share during the forecast period. Their smooth and silent power transmission makes them perfect for high-speed, high-load applications in robotics, aerospace systems, industrial machinery, and automobile transmissions, which is why they are so widely used. Compared to spur gears, helical gears are more efficient and distribute loads more evenly. They also make less noise and vibration. Their applicability across industries is further increased by their versatility in both parallel and non-parallel shaft configurations. Furthermore, helical gears are the leading segment in terms of both production volume and market revenue due to their superior performance characteristics.

The medical devices segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the medical devices segment is predicted to witness the highest growth rate. The growing need for highly accurate, small gears in surgical robots, diagnostic tools, infusion pumps, and implantable devices is driving this expansion. Compact, dependable, and quiet gear systems are becoming increasingly necessary as healthcare systems around the world implement increasingly sophisticated and automated medical technologies. The trend is also being accelerated by aging populations, rising healthcare spending, wearable medical technology, and telemedicine. Moreover, medical devices are the end-use segment in the gear technology market that is expected to grow at the fastest rate during the forecast period due to these factors.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, driven by the region's strong industrial base, fast urbanization, and industries that dominate manufacturing and automobiles, especially in China, Japan, South Korea, and India. China, in particular, is a major global hub for gear production because of its strong export capabilities, affordable manufacturing, and high domestic demand across sectors like power generation, construction, and automobiles. Additionally, the demand for gear technology is also fueled by government expenditures in industrial automation, renewable energy, and infrastructure.

Region with highest CAGR:

Over the forecast period, the Middle East and Africa (MEA) region is anticipated to exhibit the highest CAGR. Rapid industrialization, continuous infrastructure development, and rising investment in industries like mining, construction, oil and gas, and power generation are the main drivers of this growth. Regional governments are funding diversification programs like Saudi Arabia's Vision 2030, which encourage industrial and manufacturing expansion away from reliance on oil. Furthermore, Africa's growing need for heavy machinery and transportation systems, along with the continent's developing manufacturing capacity, is encouraging the use of advanced gear systems in a variety of industries.

Key players in the market

Some of the key players in Gear Technology Market include Siemens AG, Bourn & Koch, Inc, Amarillo Gear Co. LLC, Danaher Corporation, Gleason Corporation, Bosch Rexroth AG, SKF Group, Batom Co. Ltd, Martin Sprocket & Gear, Inc., Bharat Gears Ltd., Honeywell, ZF Friedrichshafen AG, NTN Corporation, Klingelnberg Inc and Mazak Corporation.

Key Developments:

In June 2025, Honeywell and low-fare carrier Vietjet Air have signed a five-year maintenance agreement for Honeywell's 331-350 Auxiliary Power Units (APUs) on the airline's fleet of 30 A330s. The announcement was made at the Paris Air Show 2025, and builds upon Honeywell's existing maintenance agreement with the airline.

In January 2025, Danaher Corporation announced that it has signed a definitive agreement to sell its Pacific Scientific Aerospace business to Meggitt PLC, a global aerospace and defense company. Danaher simultaneously received a binding offer from Meggitt to acquire the Artus business which remains open for 12 months. As required by French law, Danaher must consult with the Artus works council prior to concluding an agreement for the sale of the Artus business.

In August 2024, SKF has signed an agreement to acquire John Sample Group's (JSG) Lubrication and Flow Management businesses. JSG is a well established provider of lubrication management systems and services. The acquisition further strengthens SKF's offering in an identified growth segment, as well as its business operations in the expansive India and South-East Asia region.

Gear Types Covered:

• Spur Gears
• Helical Gears
• Bevel Gears
• Worm Gears
• Planetary Gears
• Hypoid Gears
• Rack and Pinion
• Internal Ring Gears

Materials Covered:

• Metal
• Plastic
• Composite Materials

Manufacturing Processes Covered:

• Machining
• Forging
• Casting
• Powder Metallurgy
• 3D Printing/Additive Manufacturing

Technologies Covered:

• Bevel Gear Technology
• Cylindrical Gear Technology
• Precision Technology
• Drive Technology

Applications Covered:

• Automotive
• Aerospace & Defense
• Industrial Machinery
• Construction Equipment
• Power Generation
• Marine Systems
• Medical Devices
• Other Applications

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 2024, 2025, 2026, 2028, and 2032
• 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 Emerging Markets
• 3.9 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 Gear Technology Market, By Gear Type

• 5.1 Introduction
• 5.2 Spur Gears
• 5.3 Helical Gears
• 5.4 Bevel Gears
• 5.5 Worm Gears
• 5.6 Planetary Gears
• 5.7 Hypoid Gears
• 5.8 Rack and Pinion
• 5.9 Internal Ring Gears

6 Global Gear Technology Market, By Material

• 6.1 Introduction
• 6.2 Metal
• 6.3 Plastic
• 6.4 Composite Materials

7 Global Gear Technology Market, By Manufacturing Process

• 7.1 Introduction
• 7.2 Machining
• 7.3 Forging
• 7.4 Casting
• 7.5 Powder Metallurgy
• 7.6 3D Printing/Additive Manufacturing

8 Global Gear Technology Market, By Technology

• 8.1 Introduction
• 8.2 Bevel Gear Technology
• 8.3 Cylindrical Gear Technology
• 8.4 Precision Technology
• 8.5 Drive Technology

9 Global Gear Technology Market, By Application

• 9.1 Introduction
• 9.2 Automotive
• 9.3 Aerospace & Defense
• 9.4 Industrial Machinery
• 9.5 Construction Equipment
• 9.6 Power Generation
• 9.7 Marine Systems
• 9.8 Medical Devices
• 9.9 Other Applications

10 Global Gear Technology Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Siemens AG
• 12.2 Bourn & Koch, Inc
• 12.3 Amarillo Gear Co. LLC
• 12.4 Danaher Corporation
• 12.5 Gleason Corporation
• 12.6 Bosch Rexroth AG
• 12.7 SKF Group
• 12.8 Batom Co. Ltd
• 12.9 Martin Sprocket & Gear, Inc.
• 12.10 Bharat Gears Ltd.
• 12.11 Honeywell
• 12.12 ZF Friedrichshafen AG
• 12.13 NTN Corporation
• 12.14 Klingelnberg Inc
• 12.15 Mazak Corporation