Global Automotive Planetary Gear Market Research Report 2024(Status and Outlook)
The global Automotive Planetary Gear market size was valued at US$ 3.12 billion in 2024 and is projected to reach US$ 4.05 billion by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
The United States Automotive Planetary Gear market size was valued at US$ 687.5 million in 2024 and is projected to reach US$ 867.3 million by 2030, at a CAGR of 4.0% during the forecast period 2024-2030.
Automotive Planetary Gears are compact gear systems consisting of central sun gears, orbiting planet gears, and an outer ring gear, used in transmissions, differentials, and electric drive units to provide multiple gear ratios and efficient power transfer.
The global Automotive Planetary Gear market is growing steadily, driven by the increasing adoption of automatic transmissions and the rise of electric vehicles. In 2023, total production reached 180 million units, with passenger vehicle transmissions accounting for 65% of market value. The market saw a 15% increase in demand for high-efficiency planetary gear sets in 2023, supporting improved fuel economy and performance. Planetary gears for electric vehicle reducers are the fastest-growing segment at 10% annually. Asia Pacific dominates with a 45% market share, while Europe shows the fastest growth at 5% CAGR, driven by the rapid electrification of its automotive fleet. The industry is focusing on developing compact, lightweight planetary gear systems, with a 20% increase in R&D investments for advanced materials and optimized designs. The trend towards multi-speed transmissions in electric vehicles is creating new opportunities, with this application growing at 12% annually.
Report Overview
Automotive planetary gearing is a gear system consisting of one or more outer gears, or planet gears, revolving about a central, or sungear.
This report provides a deep insight into the global Automotive Planetary Gear market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automotive Planetary Gear Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automotive Planetary Gear market in any manner.
Global Automotive Planetary Gear Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Aisin AW Industries (Japan)
Aisin Kiko (Japan)
Hirata Seiki (Japan)
Kikuchi Gear (Japan)
Komazuki (Japan)
Linamar (Canada)
IMS Gear (Germany)
HM Manufacturing (USA)
Schaeffler (Germany)
Shanghai Jiaoyun Group (China)
Shigehara Manufacturing (Japan)
Sun-key (Japan)
Market Segmentation (by Type)
Simple Planetary Gear
Complex Planetary Gear
Market Segmentation (by Application)
Passenger Cars
Commercial Vehicles
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Automotive Planetary Gear Market
Overview of the regional outlook of the Automotive Planetary Gear Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
