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Gears, Drives and Speed Changers - Global Market Trajectory & Analytics

  • ID: 338745
  • Report
  • May 2020
  • Region: Global
  • 439 Pages
  • Global Industry Analysts, Inc
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Amid the COVID-19 crisis and the looming economic recession, the Gears, Drives and Speed Changers market worldwide will grow by a projected US$45.4 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 3.8%. Automotive, one of the segments analyzed and sized in this study, is forecast to grow at over 3.7% and reach a market size of US$150.5 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Automotive market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 2.4% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$1.1 Billion to the region's size over the next 7 to 8 years. In addition, over US$1.2 Billion worth of projected demand in the region will come from Rest of the European markets. In Japan, the Automotive segment will reach a market size of US$8 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Gears, Drives and Speed Changers market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 7.2% over the next couple of years and add approximately US$14.4 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Gears, Drives and Speed Changers market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

ABB Ltd, Bharat Gears Ltd, Bonfiglioli Riduttori S.P.A, BorgWarner, Inc, Bosch Rexroth AG, Cone Drive, Curtis Machine Company, Inc, Danfoss Group, David Brown Santasalo, Eaton Corporation Plc, Emerson Electric Co, , FLSmidth MAAG Gear, Horsburgh & Scott, Hub City, Inc, Kanzaki Kokyukoki Manufacturing Co. Ltd, Marine Gears, Inc, Oerlikon Graziano, Rexnord Corp, Schneider Electric, SEW Eurodrive, Siemens AG, Sumitomo Drive Technologies, Twin Disc, Inc, ZF Friedrichshafen AG

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
An Introductory Prelude
Automotive Industry – A Bellwether ofMarket Prospects
Developing Countries Continue to be Growth Engines
Market Outlook
Recent Market Activity
Recovery in Global GDP Promises Stronger Growthfor Gears, Drives & Speed Changers Industry
Acceleration in Global PMI Benefits Market Growth
Improving US Economy Augurs Well for the Market
Cyclical Upturn Encourages Positive ManufacturingOutlook in Asia-Pacific
Off-Shoring of Manufacturing Activity Boosts Demandin Developing Countries
Global Competitor Market Shares
Gears, Drives and Speed Changers Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
ABB Ltd. (Switzerland)
Bharat Gears Ltd. (India)
Bonfiglioli Riduttori S.P.A. (Italy)
BorgWarner, Inc. (USA)
Bosch Rexroth AG (Germany)
Cone Drive (USA)
Curtis Machine Company, Inc. (USA)
Danfoss Group (Denmark)
David Brown Santasalo (UK)
Eaton Corporation Plc (Ireland)
Emerson Electric Co. (USA)
FLSmidth MAAG Gear (Switzerland)
Horsburgh & Scott (USA)
Hub City, Inc. (USA)
Kanzaki Kokyukoki Manufacturing Co. Ltd. (Japan)
Marine Gears, Inc. (USA)
Oerlikon Graziano (Italy)
Rexnord Corp. (USA)
Schneider Electric (France)
SEW Eurodrive (Germany)
Siemens AG (Germany)
Sumitomo Drive Technologies (USA)
Twin Disc, Inc. (USA)
ZF Friedrichshafen AG (Germany)

3. MARKET TRENDS & DRIVERS
Growth in Automobiles Production SpursMarket Demand
Opportunity Indicators
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
Growing Aerospace Sector Augurs Well for Market
Surging Air Traffic to Drive Growth in AircraftLanding Gear Market
Landing Gears Market for Commercial AircraftsWitness Surge Due to Growing PassengerNumbers
Heavy Industrial Equipment/Machinery ManufacturingIndustry Promises Bright Prospects
Need for High Quality Gears for UninterruptedProduction Process Driving Gears Demand
Stable Outlook for Oil & Gas Bodes Wellfor Hydraulic Drilling Equipment
Steady Growth in Global Power Generation ActivitySpurs Demand
Growing Focus on Exploiting Wind Energy SpursGrowth in Wind Turbine Gear Market
Gears Used in Nuclear Power Plants to WitnessGrowth
Robust Demand for Construction Equipment OffersGrowth Opportunities
Growing Demand for Mining Equipment Boosts Growthin Gear & Gearbox Market
Mechanization of Agriculture Spurs Growth
A Segmental Overview
Gears
Drives
Growing Impact of Technology

4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Gears, Drives and Speed Changers Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Gears, Drives and Speed Changers Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Gears, Drives and Speed Changers Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Automotive (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 5: Automotive (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 6: Automotive (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Industrial (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 8: Industrial (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
TABLE 9: Industrial (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
TABLE 10: Other End-Uses (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 11: Other End-Uses (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
TABLE 12: Other End-Uses (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Gears, Drives and Speed Changers Market Share (in %) by Company: 2020 & 2025
Market Analytics
TABLE 13: United States Gears, Drives and Speed Changers Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 14: Gears, Drives and Speed Changers Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
TABLE 15: Gears, Drives and Speed Changers Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
TABLE 16: Canadian Gears, Drives and Speed Changers Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 17: Gears, Drives and Speed Changers Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 18: Canadian Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
TABLE 19: Japanese Demand Estimates and Forecasts for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 20: Japanese Gears, Drives and Speed Changers Market in US$ Million by End-Use: 2012-2019
TABLE 21: Gears, Drives and Speed Changers Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
TABLE 22: Chinese Demand for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 23: Gears, Drives and Speed Changers Market Review in China in US$ Million by End-Use: 2012-2019
TABLE 24: Chinese Gears, Drives and Speed Changers Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Gears, Drives and Speed Changers Market: Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
TABLE 25: European Gears, Drives and Speed Changers Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 26: Gears, Drives and Speed Changers Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 27: European Gears, Drives and Speed Changers Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 28: European Gears, Drives and Speed Changers Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 29: Gears, Drives and Speed Changers Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 30: European Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
TABLE 31: Gears, Drives and Speed Changers Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 32: French Gears, Drives and Speed Changers Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 33: French Gears, Drives and Speed Changers Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
TABLE 34: Gears, Drives and Speed Changers Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 35: German Gears, Drives and Speed Changers Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 36: Gears, Drives and Speed Changers Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
TABLE 37: Italian Demand for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 38: Gears, Drives and Speed Changers Market Review in Italy in US$ Million by End-Use: 2012-2019
TABLE 39: Italian Gears, Drives and Speed Changers Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
TABLE 40: United Kingdom Demand Estimates and Forecasts for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 41: United Kingdom Gears, Drives and Speed Changers Market in US$ Million by End-Use: 2012-2019
TABLE 42: Gears, Drives and Speed Changers Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
SPAIN
TABLE 43: Spanish Gears, Drives and Speed Changers Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 44: Gears, Drives and Speed Changers Market in Spain: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 45: Spanish Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
RUSSIA
TABLE 46: Russian Gears, Drives and Speed Changers Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 47: Gears, Drives and Speed Changers Historic Demand Patterns in Russia by End-Use in US$ Million for 2012-2019
TABLE 48: Gears, Drives and Speed Changers Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 49: Rest of Europe Gears, Drives and Speed Changers Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 50: Gears, Drives and Speed Changers Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 51: Rest of Europe Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
TABLE 52: Asia-Pacific Gears, Drives and Speed Changers Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 53: Gears, Drives and Speed Changers Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 54: Asia-Pacific Gears, Drives and Speed Changers Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 55: Gears, Drives and Speed Changers Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 56: Asia-Pacific Gears, Drives and Speed Changers Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 57: Asia-Pacific Gears, Drives and Speed Changers Market Share Analysis: A 17-Year Perspectiveby End-Use for 2012, 2020, and 2027
AUSTRALIA
TABLE 58: Gears, Drives and Speed Changers Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 59: Australian Gears, Drives and Speed Changers Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 60: Gears, Drives and Speed Changers Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027
INDIA
TABLE 61: Indian Gears, Drives and Speed Changers Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 62: Gears, Drives and Speed Changers Market in India: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 63: Indian Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SOUTH KOREA
TABLE 64: Gears, Drives and Speed Changers Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
TABLE 65: South Korean Gears, Drives and Speed Changers Historic Market Analysis in US$ Million by End-Use: 2012-2019
TABLE 66: Gears, Drives and Speed Changers Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 67: Rest of Asia-Pacific Demand Estimates and Forecasts for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 68: Rest of Asia-Pacific Gears, Drives and Speed Changers Market in US$ Million by End-Use: 2012-2019
TABLE 69: Gears, Drives and Speed Changers Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
LATIN AMERICA
TABLE 70: Latin American Gears, Drives and Speed Changers Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 71: Gears, Drives and Speed Changers Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 72: Latin American Gears, Drives and Speed Changers Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 73: Latin American Demand for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 74: Gears, Drives and Speed Changers Market Review in Latin America in US$ Million by End-Use: 2012-2019
TABLE 75: Latin American Gears, Drives and Speed Changers Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
ARGENTINA
TABLE 76: Argentinean Gears, Drives and Speed Changers Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 77: Gears, Drives and Speed Changers Market in Argentina: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 78: Argentinean Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
BRAZIL
TABLE 79: Gears, Drives and Speed Changers Quantitative Demand Analysis in Brazil in US$ Million by End-Use: 2020-2027
TABLE 80: Brazilian Gears, Drives and Speed Changers Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 81: Brazilian Gears, Drives and Speed Changers Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
MEXICO
TABLE 82: Gears, Drives and Speed Changers Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 83: Mexican Gears, Drives and Speed Changers Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 84: Gears, Drives and Speed Changers Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
TABLE 85: Rest of Latin America Gears, Drives and Speed Changers Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 86: Gears, Drives and Speed Changers Historic Demand Patterns in Rest of Latin America by End-Use in US$ Million for 2012-2019
TABLE 87: Gears, Drives and Speed Changers Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027
MIDDLE EAST
TABLE 88: The Middle East Gears, Drives and Speed Changers Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 89: Gears, Drives and Speed Changers Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 90: The Middle East Gears, Drives and Speed Changers Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 91: The Middle East Gears, Drives and Speed Changers Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 92: Gears, Drives and Speed Changers Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 93: The Middle East Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
IRAN
TABLE 94: Iranian Demand Estimates and Forecasts for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 95: Iranian Gears, Drives and Speed Changers Market in US$ Million by End-Use: 2012-2019
TABLE 96: Gears, Drives and Speed Changers Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027
ISRAEL
TABLE 97: Israeli Gears, Drives and Speed Changers Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 98: Gears, Drives and Speed Changers Market in Israel: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 99: Israeli Gears, Drives and Speed Changers Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SAUDI ARABIA
TABLE 100: Saudi Arabian Demand for Gears, Drives and Speed Changers in US$ Million by End-Use: 2020 to 2027
TABLE 101: Gears, Drives and Speed Changers Market Review in Saudi Arabia in US$ Million by End-Use: 2012-2019
TABLE 102: Saudi Arabian Gears, Drives and Speed Changers Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
TABLE 103: Gears, Drives and Speed Changers Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
TABLE 104: United Arab Emirates Gears, Drives and Speed Changers Historic Market Analysis in US$ Million by End-Use: 2012-2019
TABLE 105: Gears, Drives and Speed Changers Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
TABLE 106: Gears, Drives and Speed Changers Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 107: Rest of Middle East Gears, Drives and Speed Changers Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 108: Gears, Drives and Speed Changers Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027
AFRICA
TABLE 109: African Gears, Drives and Speed Changers Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 110: Gears, Drives and Speed Changers Historic Demand Patterns in Africa by End-Use in US$ Million for 2012-2019
TABLE 111: Gears, Drives and Speed Changers Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 298
Note: Product cover images may vary from those shown
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