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(I-AutoNewsWire.com, June 14, 2017 ) According to Publisher, the Global Automotive Gears market is accounted for $28.47 billion in 2015 and is expected to reach $46.12 billion by 2022 growing at a CAGR of 7.1%. Increasing expenditure capacity of households owning the vehicle, increased production of automobiles, rising demand for consumer comfort for a smoother ride experience are the major factors driving the market. Technological advancements in non-ferrous metal castings and demand for durable polymer materials are other factors fuelling the market. However, availability of Just-In-Time Spares is the key challenge to the market.
Planetary Gears segment is expected to register the highest CAGR during the forecast period. The favourable growth is attributed to its applications in automotives including transmission and differential systems. Asia Pacific accounted for the largest share in the market owing to increased demand for vehicles. However, North America is expected to witness the highest CAGR during the forecast period.
For more information http://www.reportsweb.com/automotive-gears-global-market-outlook-2016-2022 . Some of the key players in Global Automotive Gears market include Cone Drive Operations Inc., Universal Auto Gears LLP, IMS Gear GmbH, Gleason Plastic Gears, Univance Corporation, American Axle & Manufacturing, Inc., ZF TRW, B & R Machine and Gear Corporation, Robert Bosch GmbH, Taiwan United Gear Co., Ltd, AmTech International, Showa Corporation, E. I. du Pont de Nemours and Company, Bharat Gears Ltd., GKN PLC, Dynamatic Technologies Ltd. and Franz Morat Group.
Material Types Covered: - Plastics - Metallic Gears - Non-Metallic Gears - Other Material Types
Shaft Axis Types Covered: - Intersecting Shaft Gear o Spiral Bevel Gear o Straight Bevel Gears - Parallel Shaft Gears o Rack & Pinion Gears o Helical Gears o Spur Gears o Herringbone Gears - Skew Shaft Gears o Worm Gear o Hypoid gear - Planetary Gears - Other Gears
Applications Covered: - Transmission System - Steering System - Differential System - Other Automotive Gears
Vehicle Types Covered: - Heavy Commercial Vehicles (HCV) - Light Commercial Vehicles (LCV) - Passenger Car
Request Sample Copy: http://www.reportsweb.com/inquiry&RW0001564938/sample
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
11 Company Profiling 11.1 Cone Drive Operations Inc. 11.2 Universal Auto Gears LLP 11.3 IMS Gear GmbH 11.4 Gleason Plastic Gears 11.5 Univance Corporation 11.6 American Axle & Manufacturing, Inc. 11.7 ZF TRW 11.8 B & R Machine and Gear Corporation 11.9 Robert Bosch GmbH 11.10 Taiwan United Gear Co., Ltd 11.11 AmTech International 11.12 Showa Corporation 11.13 E. I. du Pont de Nemours and Company 11.14 Bharat Gears Ltd. 11.15 GKN PLC 11.16 Dynamatic Technologies Ltd. 11.17 Franz Morat Group
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001564938/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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