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Gears, Drives and Speed Changers - Global Strategic Business Report

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    Report

  • 766 Pages
  • June 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338745
Description Jump to:
The global market for Gears, Drives and Speed Changers was estimated at US$161.7 Billion in 2024 and is projected to reach US$223.2 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Gears, Drives and Speed Changers market.

Global Gears, Drives, and Speed Changers Market - Key Trends & Drivers Summarized

What Are Gears, Drives, and Speed Changers, and How Are They Utilized in Industry?

Gears, drives, and speed changers are fundamental components in mechanical and electromechanical systems used to transmit power and adjust operating speeds across a variety of industrial and commercial applications. Gears are mechanical components with teeth that mesh with other toothed parts to transmit torque; speed changers and drives modify the speed and torque of electrical motors to optimize performance. These devices are crucial in sectors ranging from automotive to manufacturing, where they ensure operational efficiency, precise control, and adaptation of machinery to required tasks. For instance, in conveyor systems, speed changers adjust the belt speed to match the required production output, while in automotive applications, gears and drives are essential for transmitting power from the engine to the wheels in a controlled manner.

How Has Technology Advanced in the Realm of Gears, Drives, and Speed Changers?

The advancement of technology in the gears, drives, and speed changers market has been marked by significant innovations aimed at increasing efficiency, reducing energy consumption, and enhancing durability. Modern developments include the integration of smart sensors and IoT connectivity, which allow for real-time monitoring and predictive maintenance of these systems. Such technologies not only prevent unexpected downtime but also optimize the performance based on operational data analyzed continuously through advanced algorithms. Moreover, materials science has played a crucial role in extending the life and durability of these components through the use of stronger, lighter, and more wear-resistant materials such as advanced polymers and composites. Additionally, the increasing adoption of automated control systems in industries has led to the development of more sophisticated speed changers and drives that can dynamically adjust operational parameters for maximum efficiency.

What Challenges Do Manufacturers of Gears, Drives, and Speed Changers Face?

Despite the demand and continuous innovation, manufacturers of gears, drives, and speed changers face several challenges. One of the primary challenges is the increasing pressure from global competition, which drives the need for continual advancements in technology and cost reduction strategies. Environmental regulations also play a significant role, as companies must develop and implement eco-friendly practices in manufacturing processes and product designs, particularly in reducing noise levels and improving energy efficiency. Furthermore, the complexity of integrating new technologies, such as IoT and automation, poses a technical challenge in maintaining reliability and security from cyber threats. Manufacturers must navigate these challenges while meeting the evolving demands of industries that are increasingly reliant on automation and precise mechanical control.

What Drives the Market for Gears, Drives, and Speed Changers?

The growth in the gears, drives, and speed changers market is driven by several factors, which reflect technological, industrial, and economic trends. The expansion of automation and robotics in manufacturing sectors is a significant driver, as these technologies rely heavily on precise, reliable speed and torque control systems. The global push towards energy efficiency and sustainability also fuels advancements in this market, as newer systems are designed to optimize energy use and reduce operational costs. Additionally, the growth of the automotive and aerospace industries contributes significantly to demand, driven by increased production rates and the need for more sophisticated mechanical components. Emerging markets play a crucial role as well, as industrialization and economic development lead to increased adoption of machinery and equipment that incorporate these components. Customer behavior trends towards customized machinery solutions demand more flexible and adaptable speed control devices, further stimulating technological innovation and market growth.

SCOPE OF STUDY:

The report analyzes the Gears, Drives and Speed Changers market in terms of units by the following Segments, and Geographic Regions/Countries:
  • Segments: End-Use (Automotive, Industrial, Other End-Uses)
  • Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Automotive segment, which is expected to reach US$163.3 Billion by 2030 with a CAGR of a 5.3%. The Industrial segment is also set to grow at 6.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at $30.5 Billion in 2024, and China, forecasted to grow at an impressive 6.3% CAGR to reach $45.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Gears, Drives and Speed Changers Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gears, Drives and Speed Changers Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Gears, Drives and Speed Changers Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as ABB Ltd., AMETEK, Inc., Altra Industrial Motion Corporation, Amtek Auto Ltd., American Axle & Manufacturing, Inc. and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 339 companies featured in this Gears, Drives and Speed Changers market report include:

  • ABB Ltd.
  • AMETEK, Inc.
  • Altra Industrial Motion Corporation
  • Amtek Auto Ltd.
  • American Axle & Manufacturing, Inc.
  • ABM Greiffenberger Antriebstechnik GmbH
  • AMT Schmid GmbH & Co. KG
  • Auburn Gear LLC
  • Allison Transmission, Inc.
  • Auma Riester GmbH & Co. KG
  • Aero Gear, Inc.
  • Applied Motion Products, Inc.
  • AGCO Power
  • Atek Antriebstechnik Willi Glapiak GmbH
  • APPH Group

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

  • Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
  • Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
  • Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
  • Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
  • Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
  • Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
  • Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
Tariff Impact on Global Supply Chain Patterns
An Introductory Prelude
Automotive Industry - A Bellwether of Market Prospects
Developing Countries Continue to be Growth Engines
Market Outlook
Improving US Economy Augurs Well for the Market
Cyclical Upturn Encourages Positive Manufacturing Outlook in Asia-Pacific
Off-Shoring of Manufacturing Activity Boosts Demand in Developing Countries
Competitive Scenario
Recent Market Activity
Select Global Brands
Gears, Drives and Speed Changers - Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
An Outlook for Global Gear Technology Market
Growth in Automobiles Production to Spur Market Demand
Gears - Vital Component of Automotive Systems
Key Trends in Automotive Gearbox Market
Growing Popularity of Steer-by-Wire Technology Drives Future Demand for Power Steering Gears
Rising Average Vehicle Life Drive Demand for Aftermarket Gears and Drives
Industrial Gearboxes Market - An Overview
Asia-Pacific Leads the Industrial Gearboxes and Gear Motors Market
Internal Drive Trains in Mountain Bikes and E-Bikes: Advantages and Disadvantages
Aerospace Sector Augurs Well for Long Term Growth
Global Aircraft Fleet (in Units) by Geographic Region/Country for the Years 2017 and 2035P
Anticipated Surge in Air Traffic to Drive Growth in Aircraft Landing Gear Market
Landing Gears Market for Commercial Aircrafts to Witness Surge Due to Expected increase in Passenger Numbers
Heavy Industrial Equipment/Machinery Manufacturing Industry Promises Bright Prospects
Need for High Quality Gears for Uninterrupted Production Process to Drive Gears Demand
Recovery in Oil and Gas Sector to Support Demand for Gear and Drives
Global Oil Reserves: Percentage Breakdown of Volume Reserves by Geographic Region
The Present Scenario
Steady Growth in Global Power Generation Activity to Spur Demand
Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
Growing Focus on Exploiting Wind Energy Spurs Growth in Wind Turbine Gear Market
Global Investment Outlook (In US$ Billion) in Offshore Wind Energy by Select Country between 2019 and 2040
Global Renewable Energy Breakdown by Type: 2010 Vs 2030
Gears Used in Nuclear Power Plants to Witness Growth
Robust Demand for Construction Equipment to Offer Growth Opportunities
Growing Demand for Mining Equipment Boosts Growth in Gear & Gearbox Market
Mechanization of Agriculture Spurs Growth
Growing Impact of Technology
Powder Metallurgy Makes Headway in Automotive Transmission Parts Production
CAD Furthers Gear Design
A Segmental Overview
Gears
Types of Gears
The Evolution of Industrial Gears
Plant Automation and Electromechanical Machinery Driving Gears Demand
Gear Assemblies Find Increasing Demand
Automatic Transmission Systems Gain Prominence - Drive Demand for Planetary Gears in Automotive Market
Commercial Aircraft Landing Gears Gain Rapid Acceptance
CVT: A Long Term Threat to Gear Market?
Wide Scale Applicability Ensures Secure Future
Drives
Mechanical Drives Continues to Lose Share to Electric and Hydraulic Drives
Advantages Offered by Electric Drive Technology Propel its Adoption in Hoists, Cranes and Elevators
Technological Innovations Power Replacement Market for Electric Drives
Global AC Drives Market Overview
Direct Torque Control: New Technological Development in AC Drives
Hydraulic Drives Too Grow in Popularity
Variable Frequency Drives Continue to Witness Growth
Speed Changers
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 2: World Historic Review for Gears, Drives and Speed Changers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 3: World 15-Year Perspective for Gears, Drives and Speed Changers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030
TABLE 4: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 5: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 6: World 15-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 7: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 8: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 9: World 15-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 10: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 11: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 12: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 13: World Gears, Drives and Speed Changers Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
III. MARKET ANALYSIS
UNITED STATES
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
An Overview
Motor Vehicle Market to Play Key Role
Industrial Gears
Aircraft Landing Gear Redesigned for Boeing 737 MAX 10
TABLE 14: USA Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 15: USA Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 16: USA 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
CANADA
Opportunities for Gears, Drives and Speed Changers in Automotive Industry
TABLE 17: Canada Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 18: Canada Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 19: Canada 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
JAPAN
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
AC Drives Market - A Review
TABLE 20: Japan Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 21: Japan Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 22: Japan 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
CHINA
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
Market Overview
Automation of Manufacturing Sector to Drive Growth
Material Handling Equipment Market to Register Strong Growth
China Remains a Lucrative Automobile OEM Gears and Drives Market
A Peek into the Chinese Gear Market
Automobile Gear Market on a Fast Track Growth
Precision Speed Reducer Demand Driven by Strong Industrial Robot Market
TABLE 23: China Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 24: China Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 25: China 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
EUROPE
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
Market Overview
Gears, Gear Motors and Drives Market to Flourish
TABLE 26: Europe Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 27: Europe Historic Review for Gears, Drives and Speed Changers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 28: Europe 15-Year Perspective for Gears, Drives and Speed Changers by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030
TABLE 29: Europe Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 30: Europe Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 31: Europe 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
FRANCE
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
TABLE 32: France Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 33: France Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 34: France 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
GERMANY
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
TABLE 35: Germany Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 36: Germany Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 37: Germany 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
ITALY
TABLE 38: Italy Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 39: Italy Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 40: Italy 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
UNITED KINGDOM
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
TABLE 41: UK Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 42: UK Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 43: UK 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
SPAIN
TABLE 44: Spain Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 45: Spain Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 46: Spain 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
RUSSIA
TABLE 47: Russia Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 48: Russia Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 49: Russia 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
REST OF EUROPE
TABLE 50: Rest of Europe Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 51: Rest of Europe Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 52: Rest of Europe 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
ASIA-PACIFIC
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
TABLE 53: Asia-Pacific Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 54: Asia-Pacific Historic Review for Gears, Drives and Speed Changers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 55: Asia-Pacific 15-Year Perspective for Gears, Drives and Speed Changers by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030
TABLE 56: Asia-Pacific Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 57: Asia-Pacific Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 58: Asia-Pacific 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
AUSTRALIA
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
TABLE 59: Australia Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 60: Australia Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 61: Australia 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
INDIA
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
Automotive Market Overview
Indian Transmission Systems and Gears Market in Top Gear
Activity Rife in the Gear Industry
Indian Industrial Gears Market
Challenges
TABLE 62: India Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 63: India Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 64: India 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
SOUTH KOREA
TABLE 65: South Korea Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 66: South Korea Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 67: South Korea 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
REST OF ASIA-PACIFIC
TABLE 68: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 69: Rest of Asia-Pacific Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 70: Rest of Asia-Pacific 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
LATIN AMERICA
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
TABLE 71: Latin America Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 72: Latin America Historic Review for Gears, Drives and Speed Changers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 73: Latin America 15-Year Perspective for Gears, Drives and Speed Changers by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2015, 2025 & 2030
TABLE 74: Latin America Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 75: Latin America Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 76: Latin America 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
ARGENTINA
TABLE 77: Argentina Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 78: Argentina Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 79: Argentina 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
BRAZIL
Brazil - A Lucrative Automotive Market
TABLE 80: Brazil Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 81: Brazil Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 82: Brazil 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
MEXICO
TABLE 83: Mexico Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 84: Mexico Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 85: Mexico 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
REST OF LATIN AMERICA
TABLE 86: Rest of Latin America Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 87: Rest of Latin America Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 88: Rest of Latin America 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
MIDDLE EAST
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
TABLE 89: Middle East Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 90: Middle East Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 91: Middle East 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
AFRICA
Gears, Drives and Speed Changers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
TABLE 92: Africa Recent Past, Current & Future Analysis for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 93: Africa Historic Review for Gears, Drives and Speed Changers by End-Use - Automotive, Industrial and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 94: Africa 15-Year Perspective for Gears, Drives and Speed Changers by End-Use - Percentage Breakdown of Value Sales for Automotive, Industrial and Other End-Uses for the Years 2015, 2025 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • AMETEK, Inc.
  • Altra Industrial Motion Corporation
  • Amtek Auto Ltd.
  • American Axle & Manufacturing, Inc.
  • ABM Greiffenberger Antriebstechnik GmbH
  • AMT Schmid GmbH & Co. KG
  • Auburn Gear LLC
  • Allison Transmission, Inc.
  • Auma Riester GmbH & Co. KG
  • Aero Gear, Inc.
  • Applied Motion Products, Inc.
  • AGCO Power
  • Atek Antriebstechnik Willi Glapiak GmbH
  • APPH Group

Table Information

Report AttributeDetails
No. of Pages766
PublishedJune 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 161.7 Billion
Forecasted Market Value ( USD ) by 2030 $ 223.2 Billion
Compound Annual Growth Rate5.5%
Regions CoveredGlobal

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