Global gear demand will climb 4.7 percent annually through 2013, driven in part by a shift toward more expensive, energy-efficient units. China and India will register some of the strongest market advances, with China expected to claim one-third of all new demand and pass Japan as the second largest market behind the US.
This study analyzes the $135 billion world gear industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (gear assemblies, individual gears), market (e.g., motor vehicles, machinery), source (OEM, aftermarket), world region (e.g., Asia/Pacific, North America, Western Europe) and for 21 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 40 industry participants, including General Motors, ZF Friedrichshafen and Volkswagen.