Global Gears Market Growth 2025-2031

The global Gears market size is predicted to grow from US$ 212510 million in 2025 to US$ 267990 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

A gear or cogwheel is a rotating machine part having cut teeth, or cogs, which mesh with another toothed part to transmit torque.

Global Gears key players include Toyota, Volkswagen, General Motors, Ford, Daimler, etc. Global top five manufacturers hold a share over 30%.

Asia Pacific is the largest market, with a share over 50%, followed by USA and Europe, both have a share over 30% percent.

In terms of product, POM Plastic Gears is the largest segment, with a share over 60%. And in terms of application, the largest application is Automobile Industry, followed by Industrial Equipment.

LP Information, Inc. (LPI) ' newest research report, the “Gears Industry Forecast” looks at past sales and reviews total world Gears sales in 2024, providing a comprehensive analysis by region and market sector of projected Gears sales for 2025 through 2031. With Gears sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gears industry.

This Insight Report provides a comprehensive analysis of the global Gears landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gears portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gears market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gears and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gears.

This report presents a comprehensive overview, market shares, and growth opportunities of Gears market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Spur Gear
Helical Gear
Bevel Gear
Worm Gear
Gear Rack
Others

Segmentation by Application:
Vehicles
Industry
Special Equipment

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toyota
Volkswagen
General Motors
Ford
Daimler
Fiat Chrysler
David Brown
Eaton
Robert Bosch
Honda
Magna
Caterpillar
CHSTE
ZF Friedrichshafen
Aisin Seiki
Dana Holding
FLSmidth MAAG Gear
GKN plc
Emerson Electric
Bonfiglioli
Allison Transmission
Shaanxi Fast Gear
Sumitomo Heavy Industries
Winergy
AAM
BorgWarner
Carraro SpA
SEW-EURODRIVE
Meritor
Rotork plc

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gears market?

What factors are driving Gears market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gears market opportunities vary by end market size?

How does Gears break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.