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Automotive Speed Reducers are devices between the transmission box and Differential, transferring the power from engine to axle.
China is the largest consumption place, with a consumption market share nearly 29% in 2017. Following China, Europe is the second largest consumption place with the consumption market share of 23%.
Market Analysis and Insights: Global Automotive Speed Reducers Market
The global Automotive Speed Reducers market was valued at US$ 14410 in 2020 and will reach US$ 15950 million by the end of 2027, growing at a CAGR of 1.7% during 2022-2027.
Global Automotive Speed Reducers Scope and Market Size
The global Automotive Speed Reducers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Speed Reducers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Single Stage
Double Stage
The proportion of single stage type in 2017 is about 92%.
Segment by Application
Passenger vehicle
Commercial vehicle
The most proportion of automotive speed reducers is for passenger vehicle, and the proportion in 2017 is about 69%.
The Automotive Speed Reducers market is analysed and market size information is provided by regions (countries). Segment by Application, the Automotive Speed Reducers market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
AAM
GKN
Magna
Meritor
DANA
ZF
HANDE Axle
Press Kogyo
Hyundai Dymos
Sichuan Jian’an
Shandong Heavy Industry
China is the largest consumption place, with a consumption market share nearly 29% in 2017. Following China, Europe is the second largest consumption place with the consumption market share of 23%.
Market Analysis and Insights: Global Automotive Speed Reducers Market
The global Automotive Speed Reducers market was valued at US$ 14410 in 2020 and will reach US$ 15950 million by the end of 2027, growing at a CAGR of 1.7% during 2022-2027.
Global Automotive Speed Reducers Scope and Market Size
The global Automotive Speed Reducers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Speed Reducers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Single Stage
Double Stage
The proportion of single stage type in 2017 is about 92%.
Segment by Application
Passenger vehicle
Commercial vehicle
The most proportion of automotive speed reducers is for passenger vehicle, and the proportion in 2017 is about 69%.
The Automotive Speed Reducers market is analysed and market size information is provided by regions (countries). Segment by Application, the Automotive Speed Reducers market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
AAM
GKN
Magna
Meritor
DANA
ZF
HANDE Axle
Press Kogyo
Hyundai Dymos
Sichuan Jian’an
Shandong Heavy Industry
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