In a recent research report by Maximize Market Research, the Global Automotive Gears Market is expected to exceed US$ 54.89 billion by the year 2026, from US$ 38.26 billion in 2019.
The non-metallic segment held the highest market share of XX% in 2019 and is expected to reach US$ xx Mn by 2026.
An increase in production of new product launches, and an increase in demand for cost-effective products propel the Global Automotive Gears Market. The industrial sector is expected to grow at a CAGR of XX % during the forecast period. Other segments are covered in the report with an analysis of market size, share, country-wise import & export conditions.
The report published by Maximize encompasses the various market dynamics, which could affect the market growth of the Global Automotive Gears Market in the region.
The study is consolidated based on two major segments and further into sub-segments, By Product Type (Planetary, Bevel, Rack & Pinion, Hypoid, Worm, Helical), By Material (Metallic, Non-Metallic), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Application (Transmission, Differential, Steering System, Other) to forecast the market size by value; also application includes the analysis of past market dynamics from 2016 to 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (GKN PLC, Bharat Gears Ltd, Brevini Power Transmission Spa, E. I. du Pont de Nemours and Company, American Axle & Manufacturing, Inc, TRW Automotive, Robert Bosch GmbH, IMS Gear GmbH, Univance Corporation, Showa Corporation, AmTech International, Bharat Gears Ltd, Cone Drive, Dynamatic Technologies Limited, Franz Morat Group, Gleason Plastic Gears, RSB Global, Taiwan United Gear Co. Ltd, Universal Auto Gears LLP, ZF Friedrichshafen AG) in the Automotive Gears Market, across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Automotive Gears Market.”
https://www.maximizemarketresearch.com/market-report/global-automotive-gears-market/112675/
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