Vehicular gear assemblies to be fastest growing segment available through Bharatbook.com
02/08/2010

Bharatbook.com added a new report on "Gears" which gives the emerging trends, applications, sales opportunities and market potential in the motor vehicle industry.

Online PR News – 08-February-2010 – – Gears

US demand to increase 4% annually through 2013
US demand for gears and gear assemblies is forecast to increase 4.0 percent per year to $30.1 billion in 2013. This will be a considerable improvement from the less than one percent yearly growth registered during the 2003-2008 period. Gains will be supported primarily by rebounding motor vehicle production, which is forecast to advance 3.4 percent per year through 2013, a notable turnaround from the declines registered over the previous decade. Gear manufacturers will also benefit from value gains derived from product improvements and upgrades, such as transmissions with higher numbers of speeds. Greater sales opportunities will also present themselves in the relatively small but rapidly expanding wind turbine market, in which large, high-value gearboxes are required. Output in the aerospace equipment and machinery industries is expected to moderate through 2013, which will slow gear demand in those markets. ( http://www.bharatbook.com/detail.asp?id=130301&rt=Gears.html )

Dominant motor vehicle market to see fastest gains
The US market for gears and gear assemblies is heavily reliant on the motor vehicle industry. In 2008, over threequarters of all gear sales were motor vehicle related, despite low levels of vehicle production. Motor vehicle transmissions alone accounted for nearly half of the entire gear market in that year. As a result, US gear sales patterns tend to be closely related to the performance of the motor vehicle industry. Despite strong growth in the aerospace equipment and machinery markets, gear demand increases were sluggish during the 2003-2008 period, as the automotive industry struggled. Through 2013, advances in gear sales will be strong as the auto market recovers, despite slowing growth in the aerospace and machinery industries.

The motor vehicle market for gears and gear assemblies is forecast to register the fastest gains of any market through 2013, advancing 4.7 percent per year to $23.8 billion. Gains will be supported by an expected rebound in production of all vehicle types, although output of light trucks and vans will be slower to recover as consumers continue to opt for smaller vehicles. Trends within the automotive industry will also support higher sales of higher-value gear products, as transmissions will generally feature more speeds, power accessories will require more gearmotors, and more cars will feature four-wheel-drive systems that require the use of differentials. Transfer case sales will also be boosted by the strong growth of medium and heavy vehicle production. However, several emerging trends in the motor vehicle industry will limit gear demand increases. Continuously variable transmissions, which do not require gears, are rapidly gaining a foothold in the automobile segment of the industry. Furthermore, steer-by-wire technology could eventually limit the use of gears in steering assemblies.

Vehicular gear assemblies to be fastest growing segment
Vehicular gear assemblies will post the strongest growth of any product category, with sales increasing 4.4 percent per year through 2013. Advances in this category will be spurred by the recovery in motor vehicle production. Increases in both the non-vehicular gear assembly and individual gear product categories will moderate from the pace registered during the 2003-2008 period. Within the individual gear category, helical and bevel gears will post the strongest gains. Helical gears will continue to displace spur gears in a number of applications, while bevel gear manufacturers will continue to take advantage of high-value sales opportunities in the aerospace market.

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=130301&rt=Gears.html

Or

Contact us at :

Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com
Follow us on twitter: http://twitter.com/3bbharatbook