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(Transportation-News.com, March 15, 2018 ) Automotive pinion gears are basically driving gears present in the train which are utilized for transmission of motion in automobiles. It is important to note that, the primary parts across which pinion gears are used include transmission system, steering system and differential of the vehicle. Looking at the current trends, increasing production of vehicles with the inclusion of automatic transmission system, as well as four wheel drives is motivating the pinion gears market.
In order to study the market scenario in-depth, a new research has been included to the wide database of Market Research Hub (MRH). This assessment is titled "Automotive Pinion Gear Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025", which includes knowledge about the market forecast based on revenue (US$ Mn) as well as volume (Units) during 2017 to 2025.
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As per research findings, the global automotive pinion market is anticipated to reach US$13.15 bn by the end of 2025, from a mark of US$8.81 bn in 2016. If this pace is maintained, the global market will surge at a steady 4.5% CAGR during the forecast period. This research report talks about the market overview that comprises of market indicator, drivers and restraints. Further, market opportunities are also discoursed in the assessment for the benefit of the readers. The report provides a comprehensive view associated to the global automotive pinion gear market; it includes Porter's Five Forces analysis to help in accepting the competitive landscape prevailing in the market.
The following sections discuss the market size and forecast based on the geographical spread of the automotive pinion gear market. Further, Y-o-Y Growth Analysis focusing on the prime regions North America, Latin America, Europe, Asia Pacific and Middle East & Africa is also available. Later on, the market has been segmented on the basis of gear type, vehicle type and application. Each of these segments are studied on the basis of several factors such as value share analysis and attractiveness analysis.
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The final section includes profiles of the major companies functioning in the global automotive pinion gear market. It covers the company profile of these players belonging to different regions. Some of the prominent manufacturers include names like Bharat Gears, Renold Plc, B & R Motion Gears, SHOWA Corporation, Samgong Gears, Eaton Corporation, Mahindra Gears and Precipart. fFinancial overview, recent developments and business strategies for each of these players is carefully studied in this report.
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