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Global Gears market is valued at 172600 million US$ in 2018 is expected to reach 232600 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2019-2025

Global Gears Market Research Report 2019

A gear or cogwheel is a rotating machine part having cut teeth, or cogs, which mesh with an toothed part to transmit torque.
As essential components for giant number of industry products, the gears industry is important for lots of downstream industries; and the market is also directly affected by downstream industries.

There are thousands of manufacturers of gears worldwide, the number maybe much higher than expected. The market competition is quite fierce, and the profitability of gears industry is limited. For price trend analysis, a key variable in the performance of gears producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.

The global Gears market is valued at 172600 million US$ in 2018 is expected to reach 232600 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2019-2025.
This report focuses on Gears volume and value at global level, regional level and company level. From a global perspective, this report represents overall Gears market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Toyota
Volkswagen
General Motors
Ford
Daimler
Fiat Chrysler
David Brown
Eaton
Robert Bosch
Honda
Magna
Caterpillar
CHSTE
ZF Friedrichshafen
Aisin Seiki
Dana Holding
FLSmidth MAAG Gear
GKN plc
Emerson Electric
Bonfiglioli
Allison Transmission
Shaanxi Fast Gear
Sumitomo Heavy Industries
Winergy
AAM
BorgWarner
Carraro SpA
SEW-EURODRIVE
Meritor
Rotork plc

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Spur Gear
Helical Gear
Bevel Gear
Worm Gear
Gear Rack

By Industrial Application, the market can be split into:
Vehicles
Industry
Special Equipment

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

Browse contents of Global Gears Market Research Report 2019

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Trusted Business Insights
Joseph Anthony Jones
Senior Media & Marketing Executive
US: +1 646 568 9797
UK: +44 330 808 0580

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