Report overview
Automotive Speed Reducers are devices between the transmission box and Differential, transferring the power from engine to axle.
This report aims to provide a comprehensive presentation of the global market for Automotive Speed Reducers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Speed Reducers. This report contains market size and forecasts of Automotive Speed Reducers in global, including the following market information:
Global Automotive Speed Reducers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Speed Reducers Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Speed Reducers companies in 2022 (%)
The global Automotive Speed Reducers market was valued at US$ 14770 million in 2022 and is projected to reach US$ 15990 million by 2029, at a CAGR of 1.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Market competition is intense. AAM, GKN, Magna and Meritor, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry.
China is the largest consumption place, with a consumption market share nearly 29%. Following China, Europe is the second largest consumption place with the consumption market share of 23%.
The classification of Automotive Speed Reducers includes Single Stage type and Double Stage type, and the proportion of Single Stage type is about 92%, and the proportion is in increasing trend.
Automotive Speed Reducers is widely used in Passenger Vehicle and Commercial Vehicle. The most proportion of Automotive Speed Reducers is for Passenger Vehicle, and the proportion is about 68%.
We surveyed the Automotive Speed Reducers 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 Speed Reducers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Speed Reducers Market Segment Percentages, by Type, 2022 (%)
Single Stage
Double Stage
Global Automotive Speed Reducers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Speed Reducers Market Segment Percentages, by Application, 2022 (%)
Passenger vehicle
Commercial vehicle
Global Automotive Speed Reducers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Speed Reducers Market Segment Percentages, By Region and Country, 2022 (%)
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 Speed Reducers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Speed Reducers revenues share in global market, 2022 (%)
Key companies Automotive Speed Reducers sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Speed Reducers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AAM
GKN
Magna
Meritor
DANA
ZF
HANDE Axle
Press Kogyo
Hyundai Dymos
Sichuan Jian?an
Shandong Heavy Industry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Speed Reducers, market overview.
Chapter 2: Global Automotive Speed Reducers market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Speed Reducers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Speed Reducers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Speed Reducers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.