Automotive Gears Market Share

Statistics for the 2023 & 2024 Automotive Gears market share, created by Mordor Intelligence™ Industry Reports. Automotive Gears share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Automotive Gears Industry

Some of the major manufacturers in the automotive gear market include American Axle & Manufacturing Holdings Inc., AmTech International, Bharat Gears Ltd, GKN PLC, Robert Bosch GmbH, Gleason Plastic Gears, Showa Corporation, and Universal Auto Gears LLP.

  • In June 2021, JATCO developed a new continuously variable transmission, "CVT-X," for medium and large FWD vehicles with improved environmental performance and drivability. It is said to have achieved more than 90% transmission efficiency, which was considered difficult for a CVT.
  • ZF announced investing USD 200 million in commercial vehicle transmission manufacturing in North America. In 2023, ZF planned to produce the ZF Powerline 8-speed automatic transmission at the company's state-of-the-art manufacturing facility in Gray Court, SC. In July 2021, ZF secured a nearly USD 6 billion axle contract for the Marysville, Michigan, facility to deliver beam axles and axle drives for pick-up trucks until 2027.
  • In March 2019, Dana Incorporated announced that it completed the acquisition of the Drive Systems segment of the Oerlikon Group. This acquisition has expanded Dana's technology portfolio, especially in high-precision helical gears for the light- and commercial-vehicle markets.

Automotive Gear Market Leaders

  1. American Axle & Manufacturing Holdings Inc.

  2. AmTech International

  3. GKN PLC

  4. Robert Bosch GmbH

  5. Showa Corporation

*Disclaimer: Major Players sorted in no particular order

Automotive Gears Market Concentration

Automotive Gear Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)