August 28, 2019 by Steve Blade
Fact.MR recently published a research study on automotive gear market for the forecast timespan of 2018 to 2028. The report on automotive gear market provides cumulative insights and a holistic analysis of the overall automotive gear market landscape. The report on automotive gear market also analyzes diverse perspectives of the automotive gear market by making use of industry validated methodologies. Furthermore, the report on automotive gear market identifies latest developments and key differential strategies employed by the market players of automotive gear market.
The report provides a coherent analysis on the automotive gear market which is backed up by qualitative and quantitative analysis. Additionally, the report delves into the happenings surrounding the market that have considerable impact on the growth of the Automotive gear market, incorporating drivers, opportunities, trends and restraints. Further, the report elucidates segregation of the market to offer a robust analysis of the market.
In a bid to reap dividend from the innovations, pertinent players are heavily focusing on global expansion through strategic partnerships and agreements with budding players. Of late, GKN Plc inked an agreement with Kawasaki Heavy Industry to provide LPC vanes for GTF engines; Eaton Corporation Plc entered into a joint venture agreement with Shaanxi Fast Gear to manufacture manual transmissions for light weight vehicles.
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Table of Content
1. Executive Summary
2. Global Automotive Gear Market Introduction
3. Global Automotive Gear Market Dynamics
4. Global Automotive Gear Industry and Key Indicator Assessment
5. Automotive Gear Market – Price Point Analysis
To be Continue...
In order to keep up with the exponential demand, automakers are introducing applications—transmission, differential, steering system—which are anticipated to account for over 25 percent volume share during the forecast period. Leading innovation-fueled players such as Tesla is vouching for multi-gear transmission systems for next-generation vehicles.
Sophisticated technological features such as self-monitoring function, advanced protection are anticipated to propel the growth of automotive gears. The traction of shift-by-wire systems for hybrid-electric and electric vehicles has augmented the penetration of electric vehicles (EVs) globally.
The report is backed up by thorough research undertaken to provide a robust analysis. Primary sources and secondary sources have been used to provide a prudent assessment on automotive gear market. The secondary research includes EC filing, Factiva, trade journals and resourceful database. Further, the report is propelled by primary research, incorporating genuine review from experts, genuine views from seasoned analyst, surveys and telephonic interview. Meanwhile, the report also delves into absolute dollar opportunity analysis and Y-o-Y projections to offer deep dive analysis of the market.
Automotive Gear Market: Competitive Landscape
The competitive landscape of automotive gear market features all the prominent players operating in the industry. The market players of automotive gear market are featured based on their revenue shares, business strategies, primary areas of focus, and key product offerings. Some of the leading players featured in the automotive gear market report include Eaton Corporation, Bharat Gears Limited, GKN Plc., Inc., Altra Industrial Motion Corporation, Showa Corporation, American Axle and Manufacturing, Inc., Linamar Corporation, NSK Limited, Univance Corporation etc.
Eaton Corporation, a leading player in the automotive gear market, specializes in precision forged gears. In 2018, the company entered into a joint venture with Shaanxi fast gear for manufacturing manual transmissions for LCVs. The company offers a wide-range of transmission gears, differential gears, and customized gears.
Bharat Gears Limited, a key player in the automotive gear market, offers an extensive range of ring gears and heat treatment furnaces. As a part of its corporate changes in 2017, the company has reinvigorated its capacity in the bevel gears segment by making use of improved tools or manufacturing approaches.
GKN Plc., a leading player in the automotive gear market, had a strategic agreement with Kawasaki Heavy Industries for offering Low Pressure Compressor (LPC) vanes for Geared Turbofan (GTF) engines. In 2015, GKN acquired Fokker Technologies Group (Fokker) in a bid to enhance its global foothold with presence in China, Turkey, India and Mexico.
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