A reduction gear is an arrangement by which an input speed can be lowered for a requirement of slower output speed, with same or more output torque.
This report contains market size and forecasts of Automotive Reduction Gear in global, including the following market information:
Global Automotive Reduction Gear Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Reduction Gear Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Reduction Gear companies in 2021 (%)
The global Automotive Reduction Gear market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Reduction Gear include Ram-Gear (USA), Luoyang Huaguan Gear (China), Metalart (Japan), Miyake Seiki (Japan), NSK Global (Japan), Nanki International (India), GG Automotive Gear (India) and Nabtesco (Japan), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Reduction Gear manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Reduction Gear Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Reduction Gear Market Segment Percentages, by Type, 2021 (%)
Steel
Aluminium alloys
Others
Global Automotive Reduction Gear Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Reduction Gear Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Automotive Reduction Gear Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Reduction Gear Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Reduction Gear revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Reduction Gear revenues share in global market, 2021 (%)
Key companies Automotive Reduction Gear sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Reduction Gear sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ram-Gear (USA)
Luoyang Huaguan Gear (China)
Metalart (Japan)
Miyake Seiki (Japan)
NSK Global (Japan)
Nanki International (India)
GG Automotive Gear (India)
Nabtesco (Japan)