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.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		Introduction							      XI

	I.	Executive Summary						       1

	II.	Market Environment						       4
		General								       4
		World Economic Overview						       5
		   Recent Historical Trends					       5
		   World Economic Outlook					       8
		World Manufacturing Outlook					      11
		World Gross Fixed Investment Trends				      13
		World Motor Vehicle Trends					      15
		   Motor Vehicle Production					      16
		   Motor Vehicles in Use					      20
		Pricing Patterns						      22
		Materials							      25
		Technological Trends						      27

	III.	Supply & Demand							      30
		General								      30
		Regional Overview						      31
		   Demand							      32
		   Production							      37
		   International Trade						      39
		Demand by Product						      41
		   Gear Assemblies						      42
		      Vehicular							      43
			Powertrain						      45
			Steering						      47
		      Other							      49
			Speed Reducers & Changers				      51
			Gearmotors & All Other					      53
		   Individual Gears						      54
		Demand by Market						      56
		   Motor Vehicles						      58
		      Demand by Application					      59
			Transmissions						      61
			Driveline Components					      64
			Steering Equipment					      67
			Accessories & Other					      69
		      Demand by Source						      71
			OEM							      74
			Aftermarket						      74
		   Machinery							      75
		   Other							      77

	IV.	North America							      80
		General								      80
		   Gear Supply & Demand						      82
		   Gear Outlook & Suppliers					      84
		United States							      86
		Canada								      93
		Mexico								      98

	V.	Western Europe							     105
		General								     105
		   Gear Supply & Demand						     108
		   Gear Outlook & Suppliers					     110
		Germany								     112
		France								     118
		Italy								     124
		Spain								     130
		United Kingdom							     136
		Other Western Europe						     142
		   Belgium							     149
		   All Other							     150

	VI.	Asia/Pacific							     152
		General								     152
		   Gear Supply & Demand						     155
		   Gear Outlook & Suppliers					     157
		Japan								     159
		China								     165
		South Korea							     172
		India								     178
		Other Asia/Pacific						     184
		   Thailand							     191
		   Indonesia							     192
		   All Other							     193

	VII.	Other Regions							     195
		Central & South America						     195
		   Brazil							     201
		   Other Central & South America				     206
		Eastern Europe							     212
		   Russia							     219
		   Poland							     225
		   Other Eastern Europe						     231
		      Czech Republic						     237
		      All Other							     238
		Africa/Mideast							     239
		   Turkey							     246
		   Other Africa/Mideast						     251
		      Iran							     257
		      All Other							     258

	VIII.	Industry Structure						     260
		General								     260
		Industry Composition						     261
		Market Share							     263
		      General Motors						     264
		      ZF Friedrichshafen					     265
		      Volkswagen						     266
		      Ford							     266
		      Aisin Seiki						     267
		      Honda							     267
		      Toyota							     267
		      Other Leading Suppliers					     268
		Product Development & Manufacturing				     268
		Marketing & Distribution					     270
		Cooperative Agreements						     272
		Acquisitions & Divestitures					     276
		Company Profiles						     278
		   AB Benzlers, see Clyde Blowers
		   Aisin Seiki Company Limited					     279
		   Allison Transmission Incorporated				     282
		   American Axle & Manufacturing Holdings Incorporated		     284
		   ArvinMeritor Incorporated					     287
		   Bonfiglioli Riduttori SpA					     289
		   BorgWarner Incorporated					     291
		   Bosch (Robert) GmbH						     293
		   Brevini Power Transmission SpA				     297
		   Carraro SpA							     300
		   Caterpillar Incorporated					     303
		   China High Speed Transmission Equipment Group
		      Company Limited						     305
		   Chrysler Group LLC						     307
		   Clyde Blowers Limited					     309
		   Cone Drive Operations, see Clyde Blowers
		   Daimler AG							     312
		   Dana Holding Corporation					     314
		   David Brown Gear Systems, see Clyde Blowers
		   Detroit Diesel, see Daimler
		   Dymos, see Hyundai Motor
		   Eaton Corporation						     317
		   EURENOV, see Caterpillar
		   Fiat SpA							     320
		   Ford Motor Company						     322
		   FPT Powertrain Technologies, see Fiat
		   Gear World, see Carraro
		   General Motors Company					     326
		   GETRAG Corporate Group					     329
		   GKN plc							     333
		   Hansen Transmissions International NV			     336
		   Hefei AAM Automotive Driveline & Chassis System, see American Axle & Manufacturing
		   Honda Motor Company Limited					     338
		   Hyundai Motor Company					     341
		   JATCO Company, see Nissan Motor
		   Magna International Incorporated				     344
		   Magneti Marelli, see Fiat
		   MAN SE							     347
		   Moventas Oy							     349
		   Nexteer Automotive, see General Motors
		   Nissan Motor Company Limited					     352
		   OC Oerlikon Management AG					     355
		   Peugeot SA							     357
		   PIV Drives, see Brevini Power Transmission
		   Porsche Automobil Holding SE					     359
		   RENK, see MAN
		   SEW-EURODRIVE GmbH & Company KG				     360
		   Shaanxi Fast Auto Drive Group Company Limited		     363
		   Siemens AG							     364
		   Spicer India, see Dana
		   Toyota Motor Corporation					     367
		   TRW Automotive Holdings Corporation				     369
		   Univance Corporation						     372
		   Valeo SA							     374
		   Volkswagen AG						     376
		   WIA, see Hyundai Motor
		   Winergy, see Siemens
		   Wisco, see Hyundai Motor
		   ZF Friedrichshafen AG					     378
		   ZF Lenksysteme, see Bosch (Robert) and ZF Friedrichshafen
		Other Companies Mentioned in Study				     384


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- Executive Summary
		Summary Table							       3

		SECTION II -- Market Environment
	1	World Gross Domestic Product by Region				      11
	2	World Manufacturing Value Added by Region			      13
	3	World Gross Fixed Investment by Region				      15
	4	World Motor Vehicle Production by Type & Region			      18
	5	World Motor Vehicles in Use by Type & Region			      22
	6	World Gear Price Deflators					      24

		SECTION III -- Supply & Demand
	1	World Gear Demand by Region					      34
	2	World Gear Production by Region					      38
	3	World Gear Net Exports by Region				      40
	4	World Gear Demand by Product					      41
	5	World Gear Assemblies Demand by Product & Region		      43
	6	World Vehicular Gear Assemblies Demand by Product
		   & Region							      45
	7	World Demand for Other Gear Assemblies by Product
		   & Region							      51
	8	World Individual Gear Demand by Region				      56
	9	World Gear Demand by Market					      57
	10	World Motor Vehicle Gear Demand by Region			      59
	11	World Motor Vehicle Gear Demand by Application			      60
	12	World Motor Vehicle Transmission Demand by Region		      64
	13	World Motor Vehicle Driveline Components Gear Demand
		   by Region							      66
	14	World Motor Vehicle Steering Equipment Gear Demand
		   by Region							      69
	15	World Demand for Gears Used in Motor Vehicle Accessories
		   & Other Motor Vehicle Applications by Region			      71
	16	World Motor Vehicle Gear Demand by Source			      73
	17	World Machinery Gear Demand by Region				      77
	18	World Demand for Gears Used in Other Markets by Region		      79

		SECTION IV -- North America
	1	North America - Gear Supply & Demand				      81
	2	North America - Gear Demand by Product				      83
	3	North America - Gear Demand by Market				      86
	4	United States - Gear Supply & Demand				      88
	5	United States - Gear Demand by Product				      90
	6	United States - Gear Demand by Market				      92
	7	Canada - Gear Supply & Demand					      94
	8	Canada - Gear Demand by Product					      96
	9	Canada - Gear Demand by Market					      98
	10	Mexico - Gear Supply & Demand					     100
	11	Mexico - Gear Demand by Product					     102
	12	Mexico - Gear Demand by Market					     104

		SECTION V -- Western Europe
	1	Western Europe - Gear Supply & Demand				     107
	2	Western Europe - Gear Demand by Product				     109
	3	Western Europe - Gear Demand by Market				     112
	4	Germany - Gear Supply & Demand					     114
	5	Germany - Gear Demand by Product				     116
	6	Germany - Gear Demand by Market					     118
	7	France - Gear Supply & Demand					     120
	8	France - Gear Demand by Product					     122
	9	France - Gear Demand by Market					     124
	10	Italy - Gear Supply & Demand					     126
	11	Italy - Gear Demand by Product					     128
	12	Italy - Gear Demand by Market					     130
	13	Spain - Gear Supply & Demand					     132
	14	Spain - Gear Demand by Product					     134
	15	Spain - Gear Demand by Market					     136
	16	United Kingdom - Gear Supply & Demand				     138
	17	United Kingdom - Gear Demand by Product				     140
	18	United Kingdom - Gear Demand by Market				     142
	19	Other Western Europe - Gear Supply & Demand			     144
	20	Other Western Europe - Gear Demand by Product			     146
	21	Other Western Europe - Gear Demand by Market			     148
	22	Other Western Europe - Gear Supply & Demand by Country		     149

		SECTION VI -- Asia/Pacific
	1	Asia/Pacific - Gear Supply & Demand				     154
	2	Asia/Pacific - Gear Demand by Product				     156
	3	Asia/Pacific - Gear Demand by Market				     159
	4	Japan - Gear Supply & Demand					     161
	5	Japan - Gear Demand by Product					     163
	6	Japan - Gear Demand by Market					     165
	7	China - Gear Supply & Demand					     168
	8	China - Gear Demand by Product					     170
	9	China - Gear Demand by Market					     172
	10	South Korea - Gear Supply & Demand				     174
	11	South Korea - Gear Demand by Product				     176
	12	South Korea - Gear Demand by Market				     178
	13	India - Gear Supply & Demand					     180
	14	India - Gear Demand by Product					     182
	15	India - Gear Demand by Market					     184
	16	Other Asia/Pacific - Gear Supply & Demand			     186
	17	Other Asia/Pacific - Gear Demand by Product			     188
	18	Other Asia/Pacific - Gear Demand by Market			     190
	19	Other Asia/Pacific - Gear Supply & Demand by Country		     191

		SECTION VII -- Other Regions
	1	Central & South America - Gear Supply & Demand			     197
	2	Central & South America - Gear Demand by Product		     199
	3	Central & South America - Gear Demand by Market			     200
	4	Brazil - Gear Supply & Demand					     202
	5	Brazil - Gear Demand by Product					     204
	6	Brazil - Gear Demand by Market					     206
	7	Other Central & South America - Gear Supply & Demand		     208
	8	Other Central & South America - Gear Demand by Product		     210
	9	Other Central & South America - Gear Demand by Market		     212
	10	Eastern Europe - Gear Supply & Demand				     214
	11	Eastern Europe - Gear Demand by Product				     216
	12	Eastern Europe - Gear Demand by Market				     218
	13	Russia - Gear Supply & Demand					     221
	14	Russia - Gear Demand by Product					     223
	15	Russia - Gear Demand by Market					     225
	16	Poland - Gear Supply & Demand					     227
	17	Poland - Gear Demand by Product					     229
	18	Poland - Gear Demand by Market					     230
	19	Other Eastern Europe - Gear Supply & Demand			     232
	20	Other Eastern Europe - Gear Demand by Product			     234
	21	Other Eastern Europe - Gear Demand by Market			     236
	22	Other Eastern Europe - Gear Supply & Demand by Country		     237
	23	Africa/Mideast - Gear Supply & Demand				     241
	24	Africa/Mideast - Gear Demand by Product				     243
	25	Africa/Mideast - Gear Demand by Market				     245
	26	Turkey - Gear Supply & Demand					     247
	27	Turkey - Gear Demand by Product					     249
	28	Turkey - Gear Demand by Market					     250
	29	Other Africa/Mideast - Gear Supply & Demand			     252
	30	Other Africa/Mideast - Gear Demand by Product			     254
	31	Other Africa/Mideast - Gear Demand by Market			     256
	32	Other Africa/Mideast - Gear Supply & Demand by Country		     257

		SECTION VIII -- Industry Structure
	1	Gear Sales for Selected Manufacturers, 2008			     262
	2	Selected Cooperative Agreements					     274
	3	Selected Acquisitions & Divestitures				     278


				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION II -- Market Environment
	1	World Motor Vehicle Production by Region, 2008			      19
	2	World Motor Vehicle Production by Company, 2008			      20
	3	Gear Pricing Trends, 1998-2018					      24

		SECTION III -- Supply & Demand
	1	World Gear Demand by Region, 2008				      35
	2	Increase in Annual Gear Demand from 2008 to 2013
		   by Region							      35
	3	World Gear Demand - Projected 2008-2013 Annual Rate
		   of Growth							      36
	4	World Gear Production by Region, 2008				      39
	5	World Gear Demand by Product, 1998-2018				      42
	6	World Gear Demand by Market, 2008				      57
	7	World Motor Vehicle Gear Demand by Application, 2008		      60
	8	World Motor Vehicle Gear Demand by Source, 1998-2018		      73

		SECTION IV -- North America
	1	North America - Gear Demand by Country, 2008			      84

		SECTION V -- Western Europe
	1	Western Europe - Gear Demand by Country, 2008			     110

		SECTION VI -- Asia/Pacific
	1	Asia/Pacific - Gear Demand by Country, 2008			     157

		SECTION VII -- Other Regions
	1	Eastern Europe - Gear Demand by Country, 2008			     217
	2	Africa/Mideast - Gear Demand by Country, 2008			     244

		SECTION VIII -- Industry Structure
	1	World Gear Market Share by Company, 2008			     264