The Global Automotive Speed Reducers Market Report is highly intended to offer robust acumen considering Automotive Speed Reducers Market industry to aid a market contender with insightful analysis for Automotive Speed Reducers Market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.
The global Automotive Speed Reducers market is valued at 13920 million US$ in 2020 is expected to reach 15680 million US$ by the end of 2026, growing at a CAGR of 1.7% during 2021-2026.
Market Key Players
AAM, GKN, Magna, Meritor, DANA, ZF, HANDE Axle, Press Kogyo, Hyundai Dymos, Sichuan Jianan, Shandong Heavy Industry, etc.
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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%.
Segment by Type
The proportion of single stage type in 2017 is about 92%.
Segment by Application
The most proportion of automotive speed reducers is for passenger vehicle, and the proportion in 2017 is about 69%.
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Important Features that are under offering and key highlights of the report:
Detailed overview of Automotive Speed Reducers market
In-depth market segmentation by Type, Application etc.
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Automotive Speed Reducers market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards Automotive Speed Reducers market performance
Must-have information for market players to sustain and enhance their market footprint
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