Global Automotive Transmission Gears Market is estimated to be valued at USD 41.64 Bn in 2025 and is expected to reach USD 66.47 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 41.64 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
6.90%
2032 Value Projection:
USD 66.47 Bn
Figure. Automotive Transmission Gears Market Share (%), By Region 2025
The automotive transmission gears market has been growing steadily over the past few decades. With rising vehicle ownership worldwide and advances in automotive technology, efficient transmission of power from the engine to the wheels is crucial. Transmission gears play a vital role in transferring the rotational power from the engine crankshaft to the drive wheels or axles. Various types of gearboxes including manual, automatic, automated manual, continuously variable, and dual-clutch transmissions are used across different vehicle segments. Factors such as increasing demand for fuel-efficient and high-performance vehicles along with stringent emission norms are driving automakers to focus on developing sophisticated gearbox technologies. New technologies centered around lightweight materials, reduced friction, and hybrid-electric integration are expected to reshape the automotive transmission gears landscape in the coming years.
Market Dynamics:
The automotive transmission gears market is driven by rising vehicle production globally, stringent fuel efficiency and emission standards, and the growing demand for automatic transmission vehicles. However, increasing adoption of electric vehicles poses a threat to conventional transmission gear demand. Switch to EVs eliminates the need for traditional multi-gear transmissions. At the same time, opportunities lie in developing advanced dual-clutch and continuously variable transmission technologies suitable for hybrid and electric powertrains. Manufacturers are also exploring new materials like aluminum and magnesium alloys to produce lighter gears and improve fuel efficiency.
Key features of the study:
This report provides in-depth analysis of the global automotive transmission gears market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive transmission gears market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include GKN plc , American Axle & Manufacturing, Inc. , Robert Bosch GmbH , ZF Friedrichshafen AG , Magna International Inc. , Aisin Seiki Co., Ltd. , Showa Corporation , Dana Incorporated , JTEKT Corporation , BorgWarner Inc. , Schaeffler AG , Linamar Corporation, Eaton Corporation plc , Hyundai WIA Corporation , NSK Ltd. , Bharat Gears Ltd. , Univance Corporation , Continental AG , Neapco Holdings LLC , Ricardo plc
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global automotive transmission gears market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive transmission gears market.
Detailed Segmentation-
By Vehicle Type
Passenger vehicle
Commercial vehicle
By Gear Type
Planetary
Bevel
Rack & Pinion
Hypoid
Worm
Helical
By Application
Transmission
Differential
Steering System
Other
By Regional
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players Insights
GKN plc
American Axle & Manufacturing, Inc.
Robert Bosch GmbH
ZF Friedrichshafen AG
Magna International Inc.
Aisin Seiki Co., Ltd.
Showa Corporation
Dana Incorporated
JTEKT Corporation
BorgWarner Inc.
Schaeffler AG
Linamar Corporation
Eaton Corporation plc
Hyundai WIA Corporation
NSK Ltd.
Bharat Gears Ltd.
Univance Corporation
Continental AG
Neapco Holdings LLC
Ricardo plc
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Gear Type
Market Snippet, By Vehicle Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of the COVID-19 Pandemic
4. Global Automotive Transmission Gears Market, By Gear Type, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Planetary
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Bevel
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Rack & Pinion
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Hypoid
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Worm
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Helical
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
5. Global Automotive Transmission Gears Market, By Vehicle Type, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Passenger vehicle
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Commercial vehicle
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
6. Global Automotive Transmission Gears Market, By Application, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Transmission
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Differential
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Steering System
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Other
Introduction
7. Global Automotive Transmission Gears Market, By Region, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
North America
Regional Trends
Market Size and Forecast, By Gear Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Application, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Gear Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Application, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Gear Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Application, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Gear Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Application, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Regional Trends
Market Size and Forecast, By Gear Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Vehicle Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Application, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)