Automotive Pinion Gear Market, By Type (Bevel Gear and Helical Gear), By Application (Passenger Vehicle and Commercial Vehicle), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2032

Report Code: PMI309319 | Publish Date: April 2024 | No. of Pages: 168

Global Automotive Pinion Gear Market Overview

The pinion side of a pinion combination has a higher frequency of gear mesh. Therefore, when choosing materials and heat treatment methods, the pinion must have a higher stiffness than the rack to reduce the tendency for rapid wear. Automotive pinion gears are generally produced from alloys of steel, aluminum, magnesium, manganese, zinc, chromium, nickel, and cobalt. Pinions can be either spur or helical type gears and can be either driving or driven gears, depending on the application. Pinion gears are used in different types of gearing systems such as ring and pinion systems. Automotive gears can be manufactured from a variety of materials metallic and nonmetallic including steel, aluminum, brass, cast iron, carbon steel, plastics, and magnetic alloys. Non-metallic (primarily plastic) gears produce less noise, but have lower strength and loading capacity than metal. Pinion gears are also used in steering systems, transmission systems and differentials of vehicles. The function of the pinion gear is to transfer the motion in the assembly to the larger gear. The choice of material for the manufacture of any automotive gear is based on the factors of reliability, accuracy, load capacity and durability. During the forecast period, the automotive gears market is expected to witness significant growth in the range of non-metallic gears owing to the higher precision offered by non-metals, which are easier to machine. Due to the high usage of gears in vehicle differential systems, the automotive gears market is expected to witness significant growth in this category in the coming years.

Attributes

Details

Automotive Pinion Gear Market Value (2022)

US$ 10.6 Bn

Automotive Pinion Gear Market Projected  Value(2032)

US$ 16.11 Bn

Automotive Pinion Gear Market CAGR (2022-2032)

4.3%

Global Automotive Pinion Gear Market Dynamics

Increasing production of vehicles& growing demand in automotive sector

Rapid urbanization and high population growth, growth in middle class population along with high disposable income increases the demand for automobiles. And the automotive pinion gear market is also mainly driven by the growing demand in the automotive sector, so it is predicted that the growth in the automotive sector will boost the market for automotive diff pinion gear in the coming years. The automotive pinion gear market is highly influenced by driving factors such as increasing production of vehicles, improved driving experience such as smoother gear shifting and improved acceleration, and increasing demand for low carbon footprint technologies.

Restrains:

High cost of high end systems and growing electric vehicles

High cost of high-end gear systems and low penetration of advanced gear vehicles in high volume markets are the restraints of this market. The rapidly growing electric vehicle industry is expected to hamper the growth of the automotive gears market to some extent in the coming years. Currently, penetration of electric vehicles is low, accounting for only a fraction of total vehicle sales. But with governments around the world supporting zero-emission vehicles through financial incentives and favorable policies, market growth is likely to be restrained.

Technological advancement

Technological advancements in automotive pinion gear, pinion gear is designed using CATIA software. Computer aided analysis (CAE) of the pinion gear casing and clevis joint has been done to ensure that they are secure. Recently designed pinion gears are compared to original equipment manufacturer (OEM) pinion gearboxes based on cost, weight and steering gear ratio parameters. As the automotive gears market continues to expand, new developing trends in the field are emerging to keep up with the technological advancements surrounding the market. In September 2022, Maurer announced new spike coaster trains, tilting seats and layouts. A spike coaster is a powered coaster that is driven by a rack and pinion similar to a car's steering system. A "rack and pinion" is a row of gear teeth fixed along the length of the track (also called "counter-tooting"), while a "pinion" is a gear on the ride vehicle that turns to lower the car track.

Global Automotive Pinion Gear Market Segmentation

 

Automotive Pinion Gear Market-Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Automotive Pinion Gear Market is segmented based on type, material type, application, and region.

Automotive Pinion Market, By Type

On the basis of type, the Automotive Pinion Gear Market is segmented into Bevel Gear and Helical Gear. In type, helical gears are used with parallel shafts such as spur gears and cylindrical gears with helical tooth lines. They have better tooth meshing than spur gears and have higher quietness and can transmit higher loads, making them suitable for high speed applications. When using helical gears, they produce a thrust force in the axial direction, thrust bearings must be used. Bevel gears are conical in shape and are used to transmit power between two shafts intersecting at a point (intersecting shafts). A bevel gear has a taper because it has a surface pitch and its teeth are cut along the taper.

Automotive Pinion Gear Market, By Material

On the basis of material type, the Automotive Pinion Gear Market is classified into Metallic Gears, Non-Metallic Gears. Automotive pinion gear included metallic and non-metallic material such as steel, aluminum, brass, and cast iron, carbon steel, plastic, and magnetic alloys, primarily plastic is a non-metallic material.

Automotive Pinion Market, By Application

On the basis of application, the target market is classified into Passenger Vehicle and Commercial Vehicle. The passenger car segment is expected to witness a significant CAGR during the forecast period. These factors can be attributed to the rapid increase in demand for passenger vehicles worldwide. Increasing demand, especially from developing nations such as China and India, has fueled the growth of the passenger vehicle segment over the forecast period.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Automotive Pinion Gear Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held the largest market share of the automotive pinion gear market in 2021. Asia Pacific is projected to remain the largest market during the forecast period due to the number of manufacturing facilities, increasing urbanization and purchasing power of society, and increasing production. Vehicle in China and other Asian countries.

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Type - Bevel Gear and Helical Gear

By Material Type - Metallic Gears, Non-Metallic Gears By Application - Passenger Vehicle and Commercial Vehicle

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Automotive Pinion Gear Market report based on type, material type, application, and region:

Automotive Pinion Gear Market, By Type:

  • Bevel Gear
  • Helical Gear

Automotive Pinion Gear Market, By Material Type:

  • Metallic Gears
  • Non-Metallic Gears

Automotive Pinion Gear Market, By Application:

  • Passenger Vehicle
  • Commercial Vehicle

Automotive Pinion Gear Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Automotive Pinion Gear Market Key Players

The key players operating the Automotive Pinion Gear Market includes,

  • Bharat gears BGL is a leading global supplier of automotive gears and heat treatment furnaces. The company manufactures a wide range of ring gears and pinions, transmission gears and shafts, differential gears, gear boxes mainly for the automotive industry.
  • SHOWA Corp. Showa entered the car component industry to develop specialist suspension products for motorcycles made by the new company Honda.
  • Renold Reynolds Gears designs and manufactures a full range of gearing solutions: worm gears, bevel and helical drives
  • Linamar Corporation, Linamar is an advanced manufacturing company where the intersection of leading technology and deep manufacturing expertise creates solutions that power, speed, function and live for the future of vehicles.
  • Samgong Gears GmbH Samsung Gear SAMGONG GEAR is one of Korea's leading manufacturers of commercial vehicle parts such as transmission gears, differential gears, ring and pinion gears, hypoid gears, bevel gears, axle components, synchronizers and differential carrier assemblies.
  • Taiwan United Gear Co., Ltd. Taiwan's best gear supplier, specialized in machine tools and industry machinery, manufactures precision gears, spur gears, helical gears, worm gears, bevel gears, planetary gears, custom gearboxes.
  • Eaton Corp Eaton is a power management company. The company provides energy-efficient solutions that help customers manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of energy management technologies and services.
  • Precipart, Precipart designs and manufactures a full range of high precision custom gears and precision gearboxes for critical medical, aerospace and industrial applications.
  • Gear Motions Gear Motions Network is capable of creating all types of custom gears - cut or precision ground. Precision ground helical gears, spur gears, pump gears, bevel gears and worm gears, as well as a wide variety of sprockets, timing pulleys, shafts and splines
  • BMT International Ltd. BMT Aerospace is a designer and manufacturer of gears and mechanical components for the aerospace industry. It also manufactures turbine engine gearboxes, shafts and couplings, high-precision detail gears and bevel, helical and ring gears at facilities in the United States and Romania.

Global Automotive Pinion Gear Market Key Issues Addressed

  • In September 2022, Electric power steering Sensors, Electric Power Steering (EPS) or Electric Power Assisted Steering (EPAS) systems are growing in popularity among auto manufacturers. Diagnosing these systems can be a challenge. There are a few different types of EPS systems. Some motors mount on the steering column, on the pinion shaft against the steering rack, or on the secondary pinion gear on the other side of the steering rack. EPS systems only apply steering assist force based on driver input. The system uses input data from several vehicle sensors to determine how much steering assist force is needed. Often, the problem ends up being a faulty sensor, wire or connection somewhere in the system.
  • In September 2022, Shimano Bantam A Delivers Power, Precision and Performance. The Bantam's coresolid body integrates the B-side plate, levelwind guard and frame into a solid one-piece construction that delivers confidence and strength through unmatched stiffness and enhanced gear meshing. Furthering the super smooth rotation of the spool and handle, the micromodule gear offers perfect retrieval with an entirely new gear set that uses smaller teeth and more of them. This provides additional contact points between the pinion and drive gears for a more efficient gear train

Global Automotive Pinion Gear Market Company Profile

  • Bharat gears
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SHOWA Corp.
  • Renold
  • Linamar Corporation
  • Samgong Gears GmbH
  • Taiwan United Gear Co., Ltd.
  • Eaton Corp
  • Precipart
  • Gear Motions
  • BMT International Ltd.

Global Automotive Pinion Gear Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Material
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Bevel Gear
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Helical Gear
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. Market Segmentation, By Material Type
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Metallic Gear
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Non-Metallic Gear
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. Market Segmentation, By Application, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Passenger Vehicle
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Commercial Vehicle
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  8. Global Market, By Region, 2022 – 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Material Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Material Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Material Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Material Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Material Type, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
  • Bharat gears BGL
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SHOWA Corp.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Renold
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Linamar Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Samgong Gears GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Taiwan United Gear Co., Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Eaton Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Precipart
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Gear Motions
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BMT International Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Automotive Pinion Gear Market is segmented into basis of on type, Material Type, application, and region.

Rapid urbanization and high population growth, growth in middle class population along with high disposable income increases the demand for automobiles. And the global automotive pinion gear market is also mainly driven by the growing demand in the automotive sector.

Asia Pacific held the largest market share of the automotive pinion gear market in 2021. Asia Pacific is projected to remain the largest market during the forecast period due to the number of manufacturing facilities, increasing urbanization and purchasing power of society, and increasing production. Vehicle in China and other Asian countries.

The Key players operating in the Automotive Pinion Gear Market includes Bharat gears, SHOWA Corp., Renold, Linamar Corporation, Samgong Gears GmbH, Taiwan United Gear Co., Ltd., Eaton Corp, Precipart, Gear Motions, BMT International Ltd.