Automotive Gearbox Market| COVID-19 Analysis

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The higher demand for automotive gears is due to the growth in the automotive industry. automotive gears help give an automobile, a smooth start to and allows the outer wheel to rotate better than the inner wheel for safer turns. Smooth gear shifting improves the driving experience, as well as the growing demand for low-carbon-footprint technologies, drives the growth of the global market for automotive gears over the review period.

 

Regional Analysis

The geographical analysis of the global Automotive Gearbox Market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, and the rest of the world (including Latin America and the Middle East and Africa).

North America is considered as the second-largest automotive gears market due to factors such as a large customer base systems and high disposable income of end-users have fueled the demand for vehicles in the country. The established automotive industry in the region is also expected to contribute substantially to the North American gear market share over the review period.

Segmental Analysis

The global is analyzed on the basis of the material, product, and vehicle.

The product segment of the global Automotive Gearbox Market is segmented into planetary, bevel, helical, non-metallic, and others.

The vehicle segment of the global automotive gear segment is bifurcated into passenger vehicles and commercial vehicles. Both segments are expected to witness higher growth over the assessment period, owing to the increasing commercialization across the globe and the rising disposable income of consumers.

Competitive Analysis

The leading market players operating identified by MRFR in the global Automotive Gearbox Market are Eaton, Mitsubishi Group, Linamar Corporation, Bharat Gears Ltd, NSK Ltd, Neapco Inc, Dana Holding Corporation, ZF TRW, Robert Bosch GmbH, and GKN plc.