Gears, Drives and Speed Changers: Global Strategic Business Outlook to 2024 – Variable Frequency Drives Continue to Witness Growth


November 27, 2018

The “Gears, Drives and Speed Changers – Global Strategic Business Report” report has been added to’s offering.

The report provides separate comprehensive analytics for the US, CanadaJapanEuropeAsia-PacificLatin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.

This report analyzes the worldwide markets for Gears, Drives and Speed Changers by the following End-Use Sectors:

  • Automotive
  • Industrial
  • Marine
  • Aerospace
  • Others

The report profiles 298 companies including many key and niche players such as:

  • ABB Ltd. (Switzerland)
  • Bharat Gears Ltd. (India)
  • Bonfiglioli Riduttori S.P.A. (Italy)
  • BorgWarner, Inc. (USA)
  • Bosch Rexroth AG (Germany)
  • Cone Drive (USA)
  • Curtis Machine Company, Inc. (USA)
  • Danfoss Group (Denmark)
  • David Brown Santasalo (UK)
  • Eaton Corporation Plc (Ireland)
  • Emerson Electric Co. (USA)
  • FLSmidth MAAG Gear (Switzerland)
  • Horsburgh & Scott (USA)
  • Hub City, Inc. (USA)
  • Kanzaki Kokyukoki Manufacturing Co. Ltd. (Japan)
  • Marine Gears, Inc. (USA)
  • Oerlikon Graziano (Italy)
  • Rexnord Corp. (USA)
  • Schneider Electric (France)
  • SEW Eurodrive (Germany)
  • Siemens AG (Germany)
  • Sumitomo Drive Technologies (USA)
  • Twin Disc, Inc. (USA)
  • ZF Friedrichshafen AG (Germany)

Key Topics Covered

Study Reliability and Reporting Limitations
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Speed Changers

An Introductory Prelude
Automotive Industry – A Bellwether of Market Prospects
Developing Countries Continue to be Growth Engines
Market Outlook
Recovery in Global GDP Promises Stronger Growth for Gears, Drives & Speed Changers Industry
Acceleration in Global PMI Benefits Market Growth
Improving US Economy Augurs Well for the Market
Cyclical Upturn Encourages Positive Manufacturing Outlook in Asia-Pacific
Off-Shoring of Manufacturing Activity Boosts Demand in Developing Countries

Growth in Automobiles Production Spurs Market Demand
Opportunity Indicators
Gears – Vital Component of Automotive Systems
Key Trends in Automotive Gearbox Market
Growing Popularity of Steer-by-Wire Technology Drives Future Demand for Power Steering Gears
Rising Average Vehicle Life Drive Demand for Aftermarket Gears and Drives
Industrial Gearboxes Market – An Overview
Asia-Pacific Leads the Industrial Gearboxes and Gear Motors Market
Growing Aerospace Sector Augurs Well for Market
Surging Air Traffic to Drive Growth in Aircraft Landing Gear Market
Landing Gears Market for Commercial Aircrafts Witness Surge Due to Growing Passenger Numbers
Heavy Industrial Equipment/Machinery Manufacturing Industry Promises Bright Prospects
Need for High Quality Gears for Uninterrupted Production Process Driving Gears Demand
Stable Outlook for Oil & Gas Bodes Well for Hydraulic Drilling Equipment
Steady Growth in Global Power Generation Activity Spurs Demand
Growing Focus on Exploiting Wind Energy Spurs Growth in Wind Turbine Gear Market
Gears Used in Nuclear Power Plants to Witness Growth
Robust Demand for Construction Equipment Offers Growth Opportunities
Growing Demand for Mining Equipment Boosts Growth in Gear & Gearbox Market
Mechanization of Agriculture Spurs Growth
A Segmental Overview
The Evolution of Industrial Gears
Plant Automation and Electromechanical Machinery Driving Gears Demand
Gear Assemblies Find Increasing Demand
Automatic Transmission Systems Gain Prominence – Drive Demand for Planetary Gears in Automotive Market
Commercial Aircraft Landing Gears Gain Rapid Acceptance
CVT: A Long Term Threat to Gear Market?
Wide Scale Applicability Ensures Secure Future
Mechanical Drives Continues to Lose Share to Electric and Hydraulic Drives
Electric Drives – A Review
Advantages Offered by Electric Drive Technology Propel its Adoption in Hoists, Cranes and Elevators
Technological Innovations Power Replacement Market for Electric Drives
Global AC Drives Market Overview
Direct Torque Control: New Technological Development in AC Drives
Hydraulic Drives To Grow in Popularity
Variable Frequency Drives Continue to Witness Growth
Speed Changers
Growing Impact of Technology
Powder Metallurgy Makes Headway in Automotive Transmission Parts Production
CAD Furthers Gear Design


Competitive Scenario
Competitive Structure in AC Motor Drives Market
Medium and Low Voltage Motor Drive Market

5.1 Focus on Select Global Players

5.2 Product Launches
Tribine Launches Custom Rotor Gearbox
BorgWarner Launches High-Performance Electric Drive Module (eDM)
Affolter Unveils Micro Gear Hobbing and WSPS Solutions
Dana Launches New Series of Brevini Heavy-Duty Winch Drives
Nord Launches SK 02040.1 Helical Worm Gear Unit
Dana Unveils Spicer Select Drivetrain Products

5.3 Recent Industry Activity
Nidec Acquires MS-Graessner
Twin Disc Acquires Veth Propulsion
Meritor Acquires AA Gear & Manufacturing
DANA Corporation Acquires GKN Driveline
Bosch Acquires Hytec
Machinists Acquires The Gear Works
Yaskawa to Acquire Yaskawa Siemens Automation & Drives
Timken to Acquire Cone Drive
DBS Partners with Wrtsil to Deliver Gearboxes for the US Navy
Dana Collaborates with Mecalac to Develop Customized e-Drivetrain System
Triumph Wins Contract from Sierra Nevada to Produce Landing Gear System
Oerlikon Divests Drive Systems Segment to Dana
RANDYS Acquires Zumbrota Bearing and Gear
BG Engineering Acquires Pentag
The Hi-Tech Gears Acquires Teutech Industries
HBM Holdings Acquires Schafer Industries


Total Companies Profiled: 298 (including Divisions/Subsidiaries – 338)

  • The United States (70)
  • Canada (3)
  • Japan (12)
  • Europe (211)
    • France (6)
    • Germany (76)
    • The United Kingdom (40)
    • Italy (35)
    • Spain (7)
    • Rest of Europe (47)
  • Asia-Pacific (Excluding Japan) (40)
  • Middle East (1)
  • Latin America (1)

For more information about this report visit

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