Automotive pinion gears are used as the driving gears in the drive train. They are used for the transmission of the motion in the automobiles. The pinion gears are used as steering system, transmission system, and differential of the vehicle. The function of a pinion gear is to transfer the motion to the bigger gear in the assembly.
MARKET DYNAMICS
The automotive pinion gear market is heavily influenced by driving factors such as increasing vehicle production, enhanced driving experience in terms of smooth gear shifting & improved acceleration and also growing demand for low carbon footprint technologies. However high cost of high-end gear systems and low penetration of advanced geared vehicles in high volume markets are the restraints of this market.
MARKET SCOPE
The "Global automotive pinion gear market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global automotive pinion gear market trend analysis. The report aims to provide an overview of the automotive pinion gear market with detailed market segmentation by material type, application and product type .The global automotive pinion gear market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive pinion gear market players and offers key trends and opportunities in the automotive pinion gear market.
MARKET SEGMENTATION
The global automotive pinion gear market is segmented on the basis of by material type, application and product type. Based on material type, the market is segmented as Metallic gears and non-metallic gears. Based on application type the market is segmented as transmission system, differential system and steering system. Based on product type the market is spur +F58 gears, helical gears, bevel gears, rack & pinion gears, worm gears, planetary gears, hypoid gears.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive pinion gear Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive pinion gear Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive pinion gear market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive pinion gear market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive pinion gear market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from automotive pinion gear Market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive pinion gear Market in the global market. Below mentioned is the list of few companies engaged in the automotive pinion gear market.
The report also includes the profiles of key automotive pinion gear market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
-B & R Machine and Gear Corporation
-Bharat Gears Ltd.
-Circle Gear & Machine Company Inc.,
-Eaton
-Gear Motions
-Melrose Industries PLC
-Precipart
-Renold Chain India Private Limited
-SAMGONG GEAR Corp,
-SHOWA Corporation.