According to the market research report Automotive Gears Market by Application (Transmission, Differential, Steering System, Other), Product Type (Planetary, Bevel, Rack & Pinion, Hypoid, Worm, Helical, Non-Metallic), Material (Metallic, Non-Metallic), & by Vehicle Type — Global Forecasts to 2020.
The global automotive gears market is projected to grow at a CAGR of 6.1% from 2015 to 2020.
The market is estimated to be USD 28.47 billion in 2015 and is projected to reach 38.27 billion by 2020.
In this study, 2014 has been considered as the base year, and 2015 to 2020, the forecast period for estimating the market size of automotive gears.
The study segments the market on the basis of application, vehicle type, product type, material type, and region.Download our free PDF Brochure and gain crucial industry insights that will help your business grow:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=198728104The average number of automotive gears that are incorporated in each vehicle category has been identified and multiplied by vehicle production numbers to obtain the country-level automotive gears volume to arrive at the market size, in terms of volume, for automotive gears.
The summation of the country-wise market provides the regional market and further summation of the regional market provides the global automotive gears market.Request for free Customization:https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=198728104Objectives of the StudyTo provide a detailed analysis of various forces acting in the automotive gears market (drivers, restraints, opportunities, and challenges)To analyze the regional markets for growth trends, future prospects, and their contribution to the overall marketTo segment the automotive gears market and forecast the market size, in terms of volume (000 units) and value (USD million), for major regions-namely, Asia-Pacific, Europe, North America, and the Rest of the World (RoW)To segment the automotive gears market and forecast the market size, in terms of volume (000 units)and value (USD million), based on vehicle type (passenger cars, LCVs, and HCVs)Browse and in-depth TOC on Automotive Gears Market78 — Tables46 — Figures144 — PagesTarget Audience of Automotive Gears MarketManufacturers of automotive gear systemsDealers and distributors of automotive gear systemsIndustry associationsInvestment firmsEquity research firmsPrivate equity firmsRequest for sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=198728104Automotive Gears Market Key PlayersThe report analyzes all major players in the automotive gears market, including Robert Bosch GmbH (Germany), GKN plc (U.K.), Showa Corporation (Japan), Bharat Gears (India), and ZF TRW (U.S.), along with numerous local players.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.