Gears are used for transmitting power from one part of a machine to another. In a bicycle, for example, it's gears (with the help of a chain) that take power from the pedals to the back wheel. Similarly, in a car, gears transmit power from the crankshaft (the rotating axle that takes power from the engine) to the driveshaft running under the car that ultimately powers the wheels.
This report contains market size and forecasts of Precision Gears in global, including the following market information:
Global Precision Gears Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Precision Gears Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Precision Gears companies in 2021 (%)
The global Precision Gears 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.
Spur Gear Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Precision Gears include Toyota, Eaton, Ford, Volkswagen, David Brown, General Motors, Honda, Carraro SpA and Robert Bosch, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Precision Gears 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 Precision Gears Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Precision Gears Market Segment Percentages, by Type, 2021 (%)
Spur Gear
Helical Gear
Bevel Gear
Worm Gear
Gear Rack
Others
Global Precision Gears Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Precision Gears Market Segment Percentages, by Application, 2021 (%)
Automotive
Aerospace
Industrial Machinary
Robotics
Medical
Global Precision Gears Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Precision Gears 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 Precision Gears revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Precision Gears revenues share in global market, 2021 (%)
Key companies Precision Gears sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Precision Gears sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Toyota
Eaton
Ford
Volkswagen
David Brown
General Motors
Honda
Carraro SpA
Robert Bosch
ZF Friedrichshafen
Aisin Seiki
Magna
Dana Holding
FLSmidth MAAG Gear