Global Automotive Spur Gear Market Report 2025: Market Opportunities & Challenges Outlook

 

  Automotive Spur Gear Market Size and growth rate 2025 to 2029: Graph


Whether you’re expanding or optimizing within the automotive spur gear industry, this report offers the clarity and context needed for confident decision-making.
 
 How Big Is The Automotive Spur Gear Market In 2025?
 The automotive spur gear market size has grown strongly in recent years. It will grow from $31.63 billion in 2024 to $33.36 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to vehicle production volumes, fuel efficiency standards, automotive design trends, material advancements, global economic conditions.
 
 The automotive spur gear market size is expected to see strong growth in the next few years. It will grow to $40.64 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to electric vehicle adoption, emission reduction initiatives, supply chain resilience, increasing vehicle customization, r&d investments. Major trends in the forecast period include integration of advanced manufacturing technologies, focus on noise reduction technologies, introduction of high-strength and high-performance gears, adoption of advanced surface coatings, emphasis on energy-efficient gear design, development of gear solutions for electric and hybrid vehicles.
 
 Get your free sample today:
 https://www.thebusinessresearchcompany.com/sample.aspx?id=13381&type=smp
 
 What Are The Major Factors Driving The Automotive Spur Gear Global Market Growth?
 Rising sales of electric vehicles (EVs) are expected to propel the growth of the automotive spur gear market going forward. Electric vehicles are automobiles that are powered by electricity stored in rechargeable batteries or generated onboard using hydrogen fuel cells. Automotive spur gears play a crucial role in optimizing power transmission, enhancing efficiency, and ensuring precise control of speed and torque, contributing to the overall success of electric vehicles in the sustainable transportation landscape. For instance, in July 2023, according to the International Energy Agency, a France-based intergovernmental organization, sales of electric vehicles were 10 million in 2022, and there will be an increase to 14 million sales of electric vehicles in 2023. Therefore, the growing demand for electric vehicles drives the automotive spur gear market. 
 
 Automotive Spur Gear Market Report Segmentation Analysis
 The automotive spur gearmarket covered in this report is segmented — 
 
 1) By Product: External Spur Gear, Internal Spur Gear
 2) By Material: Steel, Nylon, Aluminum, Bronze, Phenolic, Cast iron, Bakelite, Plastics
 3) By Vehicle Type: Passenger Vehicles, Commercial Vehicles
 4) By Sales Channel: OEM (Original Equipment Manufacturer), Aftermarket
 
 Subsegments:
 1) By External Spur Gear: Straight Tooth External Spur Gear, Helical Tooth External Spur Gear
 2) By Internal Spur Gear: Internal Spur Gear With Straight Teeth, Internal Spur Gear With Helical Teeth
 
 Emerging Trends And Strategic Opportunities In The Automotive Spur Gear Market
 Major companies operating in the automotive spur gear market are focusing on developing innovative automatic gear shift variants to provide reliable services to their customers. The automatic gear system is a cutting-edge system invented by Suzuki that allows a manual gearbox to do automated gear changes or shifting without the driver having to step on the clutch pedal or use the gear lever. For instance, in May 2023, Suzuki Motor Corporation, a Japan-based mobility manufacturing company launched a New S-Presso AGS (Automatic Gear Shift). This automatic gear shift variant allows drivers to enjoy a more convenient, stronger performance, and efficient drive from the S-PRESSO AGS, which complements its characteristic design and elegance. Additionally, it features a new 1.0L K10C engine and engine auto stop-start system (EASS), that automatically stops the engine while the vehicle is idle to reduce needless fuel consumption, and thus provide a pleasurable ride while saving money.
 
 What Are The Top Players Operating In The Automotive Spur Gear Market?
 Major companies operating in the automotive spur gear market report are Siemens AG, ZF Friedrichshafen AG, Eaton Corporation PLC, Sumitomo Heavy Industries Ltd., NSK Limited, Bosch Rexroth AG, Linamar Corporation, American Axle & Manufacturing Inc., The Timken Company, MISUMI Corporation, GKN Sinter Metals Engineering GmbH, Tsubakimoto Chain Co., Univance Corporation, Renold PLC, BMT International SA, Bharat Gears Limited, Neugart GmbH, Showa Corporation, Boston Gear Inc., Wittenstein Group, ABA PGT Inc., Cleveland Gear Company, Precision Gears Inc., DESCH Antriebstechnik GmbH & Co. KG, KHK Gears Co Ltd., B&R Motion Gears, Samgong Gear Co. Ltd., DB Gears, Mahindra Gears & Transmissions Pvt Ltd., Oerlikon Graziano SpA
 
 View the full automotive spur gear market report here:
 https://www.thebusinessresearchcompany.com/report/automotive-spur-gear-global-market-report
 
 Which Region Holds The Largest Market Share In The Automotive Spur Gear Market?
 Asia-Pacific was the largest region in the automotive spur gear market in 2024. The regions covered in the automotive spur gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
 
 #Contact Us:#
 
 The Business Research Company 
 
 https://thebusinessresearchcompany.com/ 
 
 Americas +1 310–496–7795
 Asia +44 7882 955267 & +91 8897263534
 Europe +44 7882 955267 
 
 Email: info@tbrc.info 
 
 
 #Follow Us On:#
 
 LinkedIn: https://in.linkedin.com/company/the-business-research-company

 

Comments

Post a Comment

Popular posts from this blog

Gear Box And Gear Motor Market 2024-2033: Technological Advancements, Competitive Landscape and Strategies

Image
  The gear box and gear motor global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market. Gear Box And Gear Motor Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities. Market Size - The gear box and gear motor market size has grown strongly in recent years. It will grow from $16.3 billion in 2023 to $17.22 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rapid growth in heavy machinery, early adoption in aviation and aerospace, pioneering industry applications, world ...
Read more

Predicted Growth Surge in Phase Change Materials Market to $4.24 Billion by 2029: Main Drivers, Trends, and Forecast

Image
  What's the Phase Change Materials Market Future? The phase change materials market size has demonstrated rapid growth over recent years and is set to continue this trend. It will expand from $1.84 billion in 2024 to $2.19 billion in 2025 at a compound annual growth rate (CAGR) of 19.2%. This historic period growth is attributed to energy-efficient building construction, temperature regulation in electronics, thermal management in food preservation, growth in green building standards, energy storage and HVAC applications. Meanwhile, the market size is predicted to see accelerated growth in the next few years, rising to $4.24 billion in 2029 at a CAGR of 18.0%. The forecast period growth can be traced back to integration into wearable technology, advanced phase change materials for EVs, smart textiles and clothing, growth in data centers and cloud computing, and expansion of renewable energy storage. Get Your Free Sample of The Global Phase Change Materials Market Report: h...
Read more

Vehicle Intrusion Detection Market Size to Grow Steadily, Projected to Hit $3.73 Billion by 2029 at 6.2% CAGR

Image
    The Business Research Company’s report on the Vehicle Intrusion Detection Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.    What are the primary drivers fueling the growth of the vehicle intrusion detection market in recent years?  The increasing number of vehicle theft and security concerns are expected to propel the growth of the vehicle intrusion detection market going forward. Vehicle theft and security concerns refer to the rising risks associated with unauthorized access, tampering, or theft of vehicles, which pose significant challenges to individual owners and the automotive industry. The increasing vehicle theft and security concerns are due to the rise in sophisticated theft techniques, such as keyless entry hacks and cyberattacks on connected car systems, which exploit vulnerabilities in modern vehicle technologies. Vehi...
Read more