Metal Gear Component Market

Metal Gear Component - Global Market Outlook (2019-2027)

4.1 (20 reviews)
4.1 (20 reviews)
Published: 2020 ID: SMRC20195

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Metal Gear Component Market is accounted for $159.23 billion in 2019 and is expected to reach $257.65 billion by 2027 growing at a CAGR of 6.2% during the forecast period. Some of the key factors propelling the market growth include advancements in material engineering and onset of additive manufacturing, high corrosion resistance, high tensile strength, and abrasion resistance, owing to enhanced hardness attribute to longer life of metal gears, and growing demand from automotive sector. However, disruptions in supply chain catering to the automobile industry act as the restraint for the market growth.


Metal gears are used across a host of machinery deployed across an array of industrial domains, including wind power, material handling, metal & mining, food & beverages, and material handling. Metal gear components are increasingly being used to manufacture gears that are widely used in watches, furnaces, automotive equipment, motors, etc. In the current scenario, advancements in manufacturing techniques and availability of different alloys, metal alloys have emerged as one of the most common material used to produce metal gear components.

By end user, the automotive industry is anticipated to grow at the significant rate during the forecast period, owing to increase in per capita income coupled with various automakers slashing vehicle prices to overcome economic losses, growing demand for improvement in vehicle efficiency and emission reductions, and rise in demand for high performance and fuel-efficient vehicles.

On the basis of geography, Asia Pacific is expected to have considerable market growth during the forecast period, due to rise in production and sale of various consumer goods, increase in import and export of commodities, owing to flexible government policies, and increase in production of vehicles in China, India, Indonesia, and Japan. Furthermore, increased demand for electric vehicles across Asia Pacific is anticipated to boost the automotive industry and consequently, propel the metal gear component market in the region.

Some of the key players in Metal Gear Component Market include Dupont, Dynamatic Technologies Ltd, RENOLD, Robert Bosch GmbH, ZF, GKN PLC, IMS Gear GmbH, Amtek International, B & R Machine and Gear Corporation, Univance Corporation, Universal Auto Gears LLP, American Axle & Manufacturing, Inc., Showa Corporation, Taiwan United Gear Co., Ltd, Bharat Gears Ltd., Circle Gears & Machine Corporation, Eaton, Franz Morat Group, Cone Drive Operations Inc., and Kohara Gear Industry Co., Ltd.

Gear Types Covered:
• Planetary Gears
• Hypoid Gears
• Spur Gears
• Helical Gears
• Worm Gears
• Rack & Pinion Gears
• Bevel Gears

Materials Covered:
• Aluminum
• Powdered Metals
• Brass
• Steel
• Iron

End Users Covered:
• Marine
• Power Generation
• Automotive
• Wind Power
• Construction
• Chemicals, Rubber & Plastics
• Material Handling
• Food & Beverages
• Cement & Aggregates
• Metals & Mining

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea         
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary      
2 Preface     
 2.1 Abstract     
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions    
3 Market Trend Analysis       
 3.1 Introduction     
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats     
 3.6 End User Analysis     
 3.7 Emerging Markets     
 3.8 Impact of Covid-19     
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry     
5 Global Metal Gear Component Market, By Gear Type      
 5.1 Introduction      
 5.2 Planetary Gears     
 5.3 Hypoid Gears     
 5.4 Spur Gears     
 5.5 Helical Gears     
 5.6 Worm Gears     
 5.7 Rack & Pinion Gears     
 5.8 Bevel Gears     
6 Global Metal Gear Component Market, By Material      
 6.1 Introduction     
 6.2 Aluminum     
 6.3 Powdered Metals     
 6.4 Brass     
 6.5 Steel     
 6.6 Iron     
7 Global Metal Gear Component Market, By End User      
 7.1 Introduction     
 7.2 Marine     
 7.3 Power Generation     
 7.4 Automotive     
  7.4.1 Differential System    
  7.4.2 Transmission System    
  7.4.3 Steering System    
 7.5 Wind Power     
 7.6 Construction     
 7.7 Chemicals, Rubber & Plastics     
 7.8 Material Handling     
  7.8.1 Automatic Guided Vehicles (AGVs)    
  7.8.2 Forklift    
 7.9 Food & Beverages     
 7.10 Cement & Aggregates     
 7.11 Metals & Mining     
8 Global Metal Gear Component Market, By Geography      
 8.1 Introduction     
 8.2 North America     
  8.2.1 US    
  8.2.2 Canada    
  8.2.3 Mexico    
 8.3 Europe     
  8.3.1 Germany    
  8.3.2 UK    
  8.3.3 Italy    
  8.3.4 France    
  8.3.5 Spain    
  8.3.6 Rest of Europe    
 8.4 Asia Pacific     
  8.4.1 Japan    
  8.4.2 China    
  8.4.3 India     
  8.4.4 Australia    
  8.4.5 New Zealand    
  8.4.6 South Korea    
  8.4.7 Rest of Asia Pacific    
 8.5 South America     
  8.5.1 Argentina    
  8.5.2 Brazil    
  8.5.3 Chile    
  8.5.4 Rest of South America    
 8.6 Middle East & Africa     
  8.6.1 Saudi Arabia    
  8.6.2 UAE    
  8.6.3 Qatar    
  8.6.4 South Africa    
  8.6.5 Rest of Middle East & Africa    
9 Key Developments      
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 9.2 Acquisitions & Mergers     
 9.3 New Product Launch     
 9.4 Expansions     
 9.5 Other Key Strategies     
10 Company Profiling      
 10.1 Dupont     
 10.2 Dynamatic Technologies Ltd     
 10.3 RENOLD     
 10.4 Robert Bosch GmbH     
 10.5 ZF     
 10.6 GKN PLC     
 10.7 IMS Gear GmbH     
 10.8 Amtek International     
 10.9 B & R Machine and Gear Corporation     
 10.10 Univance Corporation     
 10.11 Universal Auto Gears LLP     
 10.12 American Axle & Manufacturing, Inc.     
 10.13 Showa Corporation     
 10.14 Taiwan United Gear Co., Ltd     
 10.15 Bharat Gears Ltd.     
 10.16 Circle Gears & Machine Corporation     
 10.17 Eaton     
 10.18 Franz Morat Group     
 10.19 Cone Drive Operations Inc.     
 10.20 Kohara Gear Industry Co., Ltd.     

List of Tables       
1 Global Metal Gear Component Market Outlook, By Region (2018-2027) ($MN)      
2 Global Metal Gear Component Market Outlook, By Gear Type (2018-2027) ($MN)      
3 Global Metal Gear Component Market Outlook, By Planetary Gears (2018-2027) ($MN)      
4 Global Metal Gear Component Market Outlook, By Hypoid Gears (2018-2027) ($MN)      
5 Global Metal Gear Component Market Outlook, By Spur Gears (2018-2027) ($MN)      
6 Global Metal Gear Component Market Outlook, By Helical Gears (2018-2027) ($MN)      
7 Global Metal Gear Component Market Outlook, By Worm Gears (2018-2027) ($MN)      
8 Global Metal Gear Component Market Outlook, By Rack & Pinion Gears (2018-2027) ($MN)      
9 Global Metal Gear Component Market Outlook, By Bevel Gears (2018-2027) ($MN)      
10 Global Metal Gear Component Market Outlook, By Material (2018-2027) ($MN)      
11 Global Metal Gear Component Market Outlook, By Aluminum (2018-2027) ($MN)      
12 Global Metal Gear Component Market Outlook, By Powdered Metals (2018-2027) ($MN)      
13 Global Metal Gear Component Market Outlook, By Brass (2018-2027) ($MN)      
14 Global Metal Gear Component Market Outlook, By Steel (2018-2027) ($MN)      
15 Global Metal Gear Component Market Outlook, By Iron (2018-2027) ($MN)      
16 Global Metal Gear Component Market Outlook, By End User (2018-2027) ($MN)      
17 Global Metal Gear Component Market Outlook, By Marine (2018-2027) ($MN)      
18 Global Metal Gear Component Market Outlook, By Power Generation (2018-2027) ($MN)      
19 Global Metal Gear Component Market Outlook, By Automotive (2018-2027) ($MN)      
20 Global Metal Gear Component Market Outlook, By Differential System (2018-2027) ($MN)      
21 Global Metal Gear Component Market Outlook, By Transmission System (2018-2027) ($MN)      
22 Global Metal Gear Component Market Outlook, By Steering System (2018-2027) ($MN)      
23 Global Metal Gear Component Market Outlook, By Wind Power (2018-2027) ($MN)       
24 Global Metal Gear Component Market Outlook, By Construction (2018-2027) ($MN)      
25 Global Metal Gear Component Market Outlook, By Chemicals, Rubber & Plastics (2018-2027) ($MN)      
26 Global Metal Gear Component Market Outlook, By Material Handling (2018-2027) ($MN)      
27 Global Metal Gear Component Market Outlook, By Automatic Guided Vehicles (AGVs) (2018-2027) ($MN)      
28 Global Metal Gear Component Market Outlook, By Forklift (2018-2027) ($MN)      
29 Global Metal Gear Component Market Outlook, By Food & Beverages (2018-2027) ($MN)      
30 Global Metal Gear Component Market Outlook, By Cement & Aggregates (2018-2027) ($MN)      
31 Global Metal Gear Component Market Outlook, By Metals & Mining (2018-2027) ($MN)      
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.

Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.

For more details about research methodology, kindly write to us at

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.