Gears, Drives and Speed Changers Market Outlook

The gears, Drives and speed changers market size is likely to hold a valuation of US$ 152 billion in 2023. FMI predicts the market to surpass US$ 254 billion by 2033 at a CAGR of 5.3% during the forecast period. The demand for gears, Drives and speed changers is driven by the increasing demand from various industries, including automotive, aerospace, and manufacturing. The growth of these industries is leading to an increased demand for gears, Drives and speed changes to improve the efficiency and performance of their machines.

The use of gears, Drives and speed changers enables better control of torque and speed, leading to high precision and reduced maintenance costs.

The rise of automation and Industry 4.0 is also contributing to the growth of this market, as it necessitates the use of highly efficient machines that require advanced gears, Drives and speed changers. There is rising automobile production due to the global economy's economic recovery and notable demand growth and industrial output in emerging nations.

Market expansion is also fueled by a shift toward energy-efficient components like the seven and eight-speed automatic gearboxes. Increased sales of gear worldwide are also attributed to the prominently expanding significance of solar and wind energy.

Growth in consumer demand for completed goods also encourages manufacturers to invest in a variety of manufacturing equipment, which fuels demand for equipment components like gears, Drives and speed changers. Manufacturers are increasingly emphasizing product improvements and innovations that may address technological obstacles to improve performance while maintaining an affordable price.

Novel technologies have made a dramatic entrance into the market, including traction Drives hydraulic systems, and electric gears.

Challenges for Companies /Manufacturers in the Gears, Drives and Speed Changers Market

Companies in this industry face several challenges, despite the growing demand for gears, Drives and speed changers. One of the key challenges is the high level of competition, with numerous manufacturers and suppliers vying for market share. This leads to price pressure, which affects the profit margins of companies. In addition, the complexity of gear systems and the need for customization can make it challenging to design and manufacture gears, Drives and speed changers that meet the requirements of different industries. Another challenge is the need to constantly innovate and improve products to stay ahead of the competition.

Opportunities in the Gears, Drives and Speed Changers Industry:

  • Investment in the development of innovative gears, Drives and speed changers presents a significant opportunity due to the increasing demand for these products.
  • The development of eco-friendly gears, Drives and speed changers is an emerging trend, and investment in this area can lead to new revenue streams.
  • Research and development can help identify new applications for gears, Drives and speed changers, creating opportunities to tap into new markets.
  • Collaborating with manufacturers to provide customized solutions can also be a significant investment opportunity in the gears, Drives and speed changers industry.

Latest Trends in the Gears, Drives and Speed Changers Market:

  • The adoption of 3D printing tech in producing gears, transmissions, and velocity modifiers is a new development. This development may result in quick prototyping and personalization, streamlining the process of introducing novel products to the market.
  • The amalgamation of gears, Drives and speed changers with the Internet of Things (IoT) is resulting in the establishment of intelligent manufacturing plants. Here, devices can converse and collaborate, generating an effective and beneficial manufacturing environment.
  • The integration of gears, Drives and speed changers with the Internet of Things (IoT) is leading to the development of smart factories. Here, machines can communicate and coordinate with each other, creating an efficient and productive manufacturing environment.
  • The increasing focus on sustainable and environment-friendly manufacturing is driving the development of eco-friendly gears, Drives and speed changers. It is another emerging trend in the industry.
Attributes Details
Gears, Drives and Speed Changers Market Size (2023) US$ 152 billion
Gears, Drives and Speed Changers Market Projected Size (2033) US$ 254 billion
Value CAGR (2023 to 2033) 5.3%

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2018 to 2022 Gears, Drives and Speed Changers Demand Outlook Compared to 2023 to 2033 Forecast

From 2018 to 2022, the global gears, Drives and speed changers market experienced a CAGR of 6.9%, reaching a market size of US$ 152 billion in 2023. The market experienced steady growth due to several factors. The automotive industry was a key driver, as increased demand for passenger and commercial vehicles led to a surge in demand for gears and related components.

The rise of automation in manufacturing also played a significant role, with many companies investing in gear technology to optimize their production processes. In addition, the growth of the renewable energy sector spurred demand for gears and speed changers in wind turbines and other renewable energy systems.

Future Forecast for Gears, Drives and Speed Changers Industry

Looking ahead, the global gears, Drives and speed changers industry is expected to rise at a CAGR of 5.3% from 2023 to 2033. During the forecast period, the market size is projected to reach US$ 254 billion. A key factor driving this growth is the increasing demand for electric vehicles and the associated need for high-quality gears and drives.

The rise of Industry 4.0 and smart factories is also fueling growth, as several companies invest in advanced gear technology to support great automation and connectivity in their manufacturing processes.

Another key driver is the expansion of the aerospace industry, which is boosting demand for high-precision gears and speed changers for use in aircraft engines and other critical components. With these and other factors at play, the gears, Drives and speed changers market is set for continued growth in the coming years.

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Country-Wise Insights

The Drive for Automation Propels the United States Gears, Drives and Speed Changers Industry

Region The United States
Market Size (US$ billion) by End of Forecast Period (2033) US$ 47.1 billion
CAGR % 2023 to End of Forecast (2033) 5.2%

With a market size of US$ 47.1 billion by 2033 and a CAGR of 5.2%, the United States gears, Drives and speed changers industry is expected to see steady growth. A significant element propelling this expansion is the rising need for automation in the manufacturing industry.

The United States includes some of the big manufacturing firms globally, and with their increasing adoption of automation tech, demand for gears, Drives and speed changers is predicted to surge.

Innovation and Collaboration Driving Growth in the United Kingdom Gears, Drives and Speed Changers Market

Region The United Kingdom
Market Size (US$ billion) by End of Forecast Period (2033) US$ 9 billion
CAGR % 2023 to End of Forecast (2033) 4.9%

The United Kingdom's gears, Drives and speed changers industry is expected to reach US$ 9 billion by 2033 with a CAGR of 4.9% during the forecast period. One of the main factors driving this growth is the rising demand for electric vehicles in the country. As the United Kingdom government pushes for many electric vehicles on the road, the demand for gears, Drives and speed changers is expected to rise.

The United Kingdom is home to several notable aerospace companies, and as the industry continues to grow, the demand for gears, Drives and speed changers is expected to increase as well.

Rising Demand for Electric Vehicles Propels China's Gears, Drives and Speed Changers Industry Forward

Region China
Market Size (US$ billion) by End of Forecast Period (2033) US$ 58.5 billion
CAGR % 2023 to End of Forecast (2033) 5.2%

China’s gears, Drives and speed changers industry is expected to see significant growth with a market size of US$ 58.5 billion in 2033 and a CAGR of 5.2%. One of the key factors driving this growth is the government's push toward advanced manufacturing technologies, which include automation and robotics. As manufacturing companies in China adopt automation technology, the demand for gears, Drives and speed changers is predicted to increase.

China is home to the world's large automotive market, and as the demand for electric vehicles in the country grows, the demand for gears, Drives and speed changers is anticipated to rise as well.

Precision Manufacturing and Advancements in Robotics to Drive Japan’s Gears, Drives and Speed Changers Market

Region Japan
Market Size (US$ billion) by End of Forecast Period (2033) US$ 44.8 billion
CAGR % 2023 to End of Forecast (2033) 5.2%

Japan’s gears, Drives and speed changers industry is expected to surpass US$ 44.8 billion by 2033 with a CAGR of 5.2% during the forecast period. A key factor propelling this expansion is the nation's robust production sector. Nippon is famed for its top-notch production. With the urging interest in mechanization in the land of the rising sun, the need for cogwheels, propellers, and velocity modifiers is anticipated to grow too.

Japan holds a significant position in the production of industrial automatons. With the surge in the acceptance of robotic technology, the requirement for gears, Drives and speed changers is anticipated to escalate.

Focus on Sustainable Manufacturing and Renewable Energy in South Korea's Gears, Drives and Speed Changers Industry

Region South Korea
Market Size (US$ billion) by End of Forecast Period (2033) US$ 11.1 billion
CAGR % 2023 to End of Forecast (2033) 4.9%

South Korea’s gears, Drives and speed changers industry is expected to reach US$ 11.1 billion by 2033 with a CAGR of 4.9% during the forecast period. One of the primary elements bolstering this expansion is the nation's robust car manufacturing sector.

South Korea houses numerous significant car makers. With the increasing popularity of electric cars in the region, the need for gears, Drives and speed changers is predicted to surge too. Furthermore, the nation's emphasis on novelty and technology is anticipated to propel the demand for robotics, which consequently is likely to boost the demand for gears, Drives and speed changers.

Category-Wise Insights

High Demand from Automotive and Aerospace Sectors Driving Growth

Top Types Spur gear
CAGR % 2023 to End of Forecast (2033) 5.1%
Market Share in 2023 35%
Dominating Factor High efficiency

The spur gear segment is expected to dominate the gears, Drives and speed changers industry, with a projected CAGR of 5.1% from 2023 to 2033. This growth can be attributed to the high demand for spur gears from the automotive and aerospace sectors. In 2023, the spur gear segment is expected to hold a market share of 35%, making it the notable segment in the industry.

The factors contributing to the growth of the segment include the high efficiency and reliability of spur gears, as well as their ability to transmit power and motion between parallel shafts with minimal noise and vibration.

Growing Adoption of Electric and Hybrid Vehicles

Top End-Use Automotive
CAGR % 2023 to End of Forecast (2033) 4.7%
Market Share in 2023 42%
Dominating Factor Increasing demand

The automotive end-use segment is projected to be the large segment of the gears, Drives and speed changers industry in 2023, with a market share of 42%. From 2023 to 2033, this segment is forecasted to expand at a CAGR of 4.7% due to rising demand for electric and hybrid cars. Transmission components that can transfer power from an electric motor to the wheels are in high demand due to the growing market for fuel-efficient automobiles.

The expanding demand for passenger and commercial cars, the increased priority placed on safety and comfort, and the trend toward lightweight and small automotive components are further key causes.

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How Key Players Stay Competitive in the Gears, Drives and Speed Changers Industry?

The gears, Drives and speed changers industry is highly competitive, with several key players dominating the market. These players are continually investing in research and development to stay ahead of the competition and maintain their market position.

The gears, Drives and speed changers industry offers several investment opportunities for new entrants in the market. These opportunities include investing in new technologies, developing innovative products, and expanding into new geographic markets. Key players in the industry are continually looking for strategic partnerships and acquisitions to expand their product portfolio and increase their market share.

Who are the Leading Players in the Market?

Key Players in the Gears, Drives and Speed Changers Industry include:

  • ABB Ltd.
  • Siemens AG
  • AMETEK, Inc.
  • SEW Eurodrive
  • Altra Industrial Motion Corporation
  • Amtek Auto Ltd.
  • Sumitomo Heavy Industries, Ltd
  • Bauer Gear Motor
  • American Axle & Manufacturing, Inc.
  • Siemens AG

Siemens AG is a global technology powerhouse that offers innovative solutions for electrification, automation, and digitization. The company's focus on innovation and its strong brand reputation has helped it to maintain a leading position in the Gears, Drives and Speed Changers market.

  • Sumitomo Heavy Industries, Ltd

Sumitomo Heavy Industries, Ltd. is a diversified engineering company. It operates in various industries, including power transmission and control, environmental facilities, and industrial machinery. The company's extensive product portfolio and its emphasis on product innovation have helped it to capture a significant share of the market.

  • SEW Eurodrive

SEW Eurodrive is a leading manufacturer of geared motors, frequency inverters, and other driving technology products. The company has a strong focus on customer satisfaction, and its commitment to quality has helped it to maintain a loyal customer base.

  • ABB Ltd.

ABB Ltd. is a global leader in power and automation technologies. The company's extensive product portfolio and its focus on innovation have helped it to maintain a leading position in the Gears, Drives and Speed Changers market.

  • Bauer Gear Motor

Bauer Gear Motor is a leading manufacturer of geared motors, motor starters, and frequency inverters. The company's extensive product portfolio and its emphasis on customer satisfaction have helped it to maintain a leading position in the market.

Key Developments in the Gears, Drives and Speed Changers Market:

  • ABB Ltd. has introduced a new generation of gearless conveyor drives for medium-power and higher-power range applications in the mining industry. These drives offer better energy efficiency, reliability, and reduced maintenance costs.
  • Altra Industrial Motion Corporation has acquired the assets of an Italian company, SARA S.r.l., a manufacturer of precision planetary gear reducers and custom gears. This acquisition might expand the company's product portfolio and customer base in Europe’s market.
  • AMETEK, Inc. has launched a new range of brushless DC gear motors for applications in the medical, laboratory, and industrial automation markets. These motors offer high efficiency, low noise, and compact size for use in tight spaces.
  • American Axle & Manufacturing, Inc. has collaborated with Israel-based REE Automotive to develop modular electric propulsion systems for commercial vehicles. This collaboration might combine REE's electric vehicle technology with American Axle's expertise in driveline systems to offer customized and scalable solutions to customers.

Segmentation Analysis of the Gears, Drives and Speed Changers Market

By Type:

  • Spur gears
  • Bevel gears
  • Worm gears
  • Helical gears
  • others

By End-Use:

  • Automotive
  • Industrial
  • others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa

Frequently Asked Questions

What is the Current Worth of the Gears, Drives and Speed Changers Market?

The global gears, drives and speed changers industry is expected to hit a value of US$ 152 billion by 2023.

How is the Demand for Gears, Drives and Speed Changers Increasing?

The gears, Drives and speed changers demand is set to expand by 5.3% during the assessment period.

Which End-use Segment Dominates the Global Gears, Drives and Speed Changers Market?

The automotive industry is projected to hold the dominant share of the market.

What is the Predicted Valuation of the Gears, Drives and Speed Changers Market by 2033?

The market is predicted to exceed US$ 254 billion by 2033.

Which is the most Profitable Region for the Gears, Drives and Speed Changers Industry?

China holds dominance in the gears, Drives and speed changers industry.

Table of Content

1. Executive Summary | Gears, Drives and Speed Changers Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2023 to 2033

        5.3.1. Spur gears

        5.3.2. Bevel gears

        5.3.3. Worm gears

        5.3.4. Helical gears

        5.3.5. Others

    5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End-Use, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End-Use, 2023 to 2033

        6.3.1. Automotive

        6.3.2. Industrial

        6.3.3. Others

    6.4. Y-o-Y Growth Trend Analysis By End-Use, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By End-Use, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022

    7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. Asia Pacific

        7.3.5. MEA

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        8.2.1. By Country

            8.2.1.1. The USA

            8.2.1.2. Canada

        8.2.2. By Type

        8.2.3. By End-Use

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Type

        8.3.3. By End-Use

    8.4. Key Takeaways

9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Type

        9.2.3. By End-Use

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Type

        9.3.3. By End-Use

    9.4. Key Takeaways

10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. United Kingdom

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Europe

        10.2.2. By Type

        10.2.3. By End-Use

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Type

        10.3.3. By End-Use

    10.4. Key Takeaways

11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

            11.2.1.4. Singapore

            11.2.1.5. Thailand

            11.2.1.6. Indonesia

            11.2.1.7. Australia

            11.2.1.8. New Zealand

            11.2.1.9. Rest of Asia Pacific

        11.2.2. By Type

        11.2.3. By End-Use

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Type

        11.3.3. By End-Use

    11.4. Key Takeaways

12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. GCC Countries

            12.2.1.2. South Africa

            12.2.1.3. Israel

            12.2.1.4. Rest of MEA

        12.2.2. By Type

        12.2.3. By End-Use

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Type

        12.3.3. By End-Use

    12.4. Key Takeaways

13. Key Countries Market Analysis

    13.1. USA

        13.1.1. Pricing Analysis

        13.1.2. Market Share Analysis, 2022

            13.1.2.1. By Type

            13.1.2.2. By End-Use

    13.2. Canada

        13.2.1. Pricing Analysis

        13.2.2. Market Share Analysis, 2022

            13.2.2.1. By Type

            13.2.2.2. By End-Use

    13.3. Brazil

        13.3.1. Pricing Analysis

        13.3.2. Market Share Analysis, 2022

            13.3.2.1. By Type

            13.3.2.2. By End-Use

    13.4. Mexico

        13.4.1. Pricing Analysis

        13.4.2. Market Share Analysis, 2022

            13.4.2.1. By Type

            13.4.2.2. By End-Use

    13.5. Germany

        13.5.1. Pricing Analysis

        13.5.2. Market Share Analysis, 2022

            13.5.2.1. By Type

            13.5.2.2. By End-Use

    13.6. United Kingdom

        13.6.1. Pricing Analysis

        13.6.2. Market Share Analysis, 2022

            13.6.2.1. By Type

            13.6.2.2. By End-Use

    13.7. France

        13.7.1. Pricing Analysis

        13.7.2. Market Share Analysis, 2022

            13.7.2.1. By Type

            13.7.2.2. By End-Use

    13.8. Spain

        13.8.1. Pricing Analysis

        13.8.2. Market Share Analysis, 2022

            13.8.2.1. By Type

            13.8.2.2. By End-Use

    13.9. Italy

        13.9.1. Pricing Analysis

        13.9.2. Market Share Analysis, 2022

            13.9.2.1. By Type

            13.9.2.2. By End-Use

    13.10. China

        13.10.1. Pricing Analysis

        13.10.2. Market Share Analysis, 2022

            13.10.2.1. By Type

            13.10.2.2. By End-Use

    13.11. Japan

        13.11.1. Pricing Analysis

        13.11.2. Market Share Analysis, 2022

            13.11.2.1. By Type

            13.11.2.2. By End-Use

    13.12. South Korea

        13.12.1. Pricing Analysis

        13.12.2. Market Share Analysis, 2022

            13.12.2.1. By Type

            13.12.2.2. By End-Use

    13.13. Singapore

        13.13.1. Pricing Analysis

        13.13.2. Market Share Analysis, 2022

            13.13.2.1. By Type

            13.13.2.2. By End-Use

    13.14. Thailand

        13.14.1. Pricing Analysis

        13.14.2. Market Share Analysis, 2022

            13.14.2.1. By Type

            13.14.2.2. By End-Use

    13.15. Indonesia

        13.15.1. Pricing Analysis

        13.15.2. Market Share Analysis, 2022

            13.15.2.1. By Type

            13.15.2.2. By End-Use

    13.16. Australia

        13.16.1. Pricing Analysis

        13.16.2. Market Share Analysis, 2022

            13.16.2.1. By Type

            13.16.2.2. By End-Use

    13.17. New Zealand

        13.17.1. Pricing Analysis

        13.17.2. Market Share Analysis, 2022

            13.17.2.1. By Type

            13.17.2.2. By End-Use

    13.18. GCC Countries

        13.18.1. Pricing Analysis

        13.18.2. Market Share Analysis, 2022

            13.18.2.1. By Type

            13.18.2.2. By End-Use

    13.19. South Africa

        13.19.1. Pricing Analysis

        13.19.2. Market Share Analysis, 2022

            13.19.2.1. By Type

            13.19.2.2. By End-Use

    13.20. Israel

        13.20.1. Pricing Analysis

        13.20.2. Market Share Analysis, 2022

            13.20.2.1. By Type

            13.20.2.2. By End-Use

14. Market Structure Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Market Share Analysis of Top Players

        14.3.1. By Regional

        14.3.2. By Type

        14.3.3. By End-Use

15. Competition Analysis

    15.1. Competition Deep Dive

        15.1.1. ABB Ltd

            15.1.1.1. Overview

            15.1.1.2. Product Portfolio

            15.1.1.3. Profitability by Market Segments

            15.1.1.4. Sales Footprint

            15.1.1.5. Strategy Overview

                15.1.1.5.1. Marketing Strategy

                15.1.1.5.2. Product Strategy

                15.1.1.5.3. Channel Strategy

        15.1.2. AMETEK, Inc

            15.1.2.1. Overview

            15.1.2.2. Product Portfolio

            15.1.2.3. Profitability by Market Segments

            15.1.2.4. Sales Footprint

            15.1.2.5. Strategy Overview

                15.1.2.5.1. Marketing Strategy

                15.1.2.5.2. Product Strategy

                15.1.2.5.3. Channel Strategy

        15.1.3. Altra Industrial Motion Corporation

            15.1.3.1. Overview

            15.1.3.2. Product Portfolio

            15.1.3.3. Profitability by Market Segments

            15.1.3.4. Sales Footprint

            15.1.3.5. Strategy Overview

                15.1.3.5.1. Marketing Strategy

                15.1.3.5.2. Product Strategy

                15.1.3.5.3. Channel Strategy

        15.1.4. Amtek Auto Ltd.

            15.1.4.1. Overview

            15.1.4.2. Product Portfolio

            15.1.4.3. Profitability by Market Segments

            15.1.4.4. Sales Footprint

            15.1.4.5. Strategy Overview

                15.1.4.5.1. Marketing Strategy

                15.1.4.5.2. Product Strategy

                15.1.4.5.3. Channel Strategy

        15.1.5. American Axle & Manufacturing, Inc

            15.1.5.1. Overview

            15.1.5.2. Product Portfolio

            15.1.5.3. Profitability by Market Segments

            15.1.5.4. Sales Footprint

            15.1.5.5. Strategy Overview

                15.1.5.5.1. Marketing Strategy

                15.1.5.5.2. Product Strategy

                15.1.5.5.3. Channel Strategy

        15.1.6. ABM Greiffenberger Antriebstechnik GmbH

            15.1.6.1. Overview

            15.1.6.2. Product Portfolio

            15.1.6.3. Profitability by Market Segments

            15.1.6.4. Sales Footprint

            15.1.6.5. Strategy Overview

                15.1.6.5.1. Marketing Strategy

                15.1.6.5.2. Product Strategy

                15.1.6.5.3. Channel Strategy

        15.1.7. AMT Schmid GmbH & Co. KG;

            15.1.7.1. Overview

            15.1.7.2. Product Portfolio

            15.1.7.3. Profitability by Market Segments

            15.1.7.4. Sales Footprint

            15.1.7.5. Strategy Overview

                15.1.7.5.1. Marketing Strategy

                15.1.7.5.2. Product Strategy

                15.1.7.5.3. Channel Strategy

        15.1.8. Auburn Gear LLC

            15.1.8.1. Overview

            15.1.8.2. Product Portfolio

            15.1.8.3. Profitability by Market Segments

            15.1.8.4. Sales Footprint

            15.1.8.5. Strategy Overview

                15.1.8.5.1. Marketing Strategy

                15.1.8.5.2. Product Strategy

                15.1.8.5.3. Channel Strategy

        15.1.9. Allison Transmission, Inc

            15.1.9.1. Overview

            15.1.9.2. Product Portfolio

            15.1.9.3. Profitability by Market Segments

            15.1.9.4. Sales Footprint

            15.1.9.5. Strategy Overview

                15.1.9.5.1. Marketing Strategy

                15.1.9.5.2. Product Strategy

                15.1.9.5.3. Channel Strategy

        15.1.10. Auma Riester GmbH & Co. KG

            15.1.10.1. Overview

            15.1.10.2. Product Portfolio

            15.1.10.3. Profitability by Market Segments

            15.1.10.4. Sales Footprint

            15.1.10.5. Strategy Overview

                15.1.10.5.1. Marketing Strategy

                15.1.10.5.2. Product Strategy

                15.1.10.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

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