Research and Markets (http://www.researchandmarkets.com/research/tc8p79/automotive_gears) has announced the addition of the "Automotive Gears Market by Application, Product Type, Material, & by Vehicle Type - Global Forecasts to 2020" report to their offering.

The global automotive gears market is projected to grow at a CAGR of 6.1% from 2015 to 2020. The market is estimated to be $28.47 billion in 2015 and is projected to reach $38.27 billion by 2020. The growth of this market is fueled by the rising vehicle production and increasing installation of mechanical components in cars.

Enhanced driving experience in terms of smooth gear shifting & improved acceleration to drive the automotive gears market

Asia-Pacific is estimated to be the largest market for automotive gears.

The Asia-Pacific automotive gears market, in terms of value, is projected to grow at the highest CAGR from 2015 to 2020. This can be mainly attributed to the rising vehicle production and the increasing installation of mechanical parts in passenger cars and light commercial vehicles.

Improved gear systems allow the vehicle engine to run at an optimum level, thereby reducing engine losses that may result from friction and lubrication. This lowers the emission levels of the vehicle. Automatic gear systems reduce emission levels by 20%; thus, vehicles equipped with these systems contribute to a cleaner environment.

The growing demand for eco-friendly vehicles from consumers has led to the increased adoption of these gear systems, which reduce carbon emissions throughout the vehicle's life cycle.

Companies Mentioned:

  • AAM
  • Bharat Gears Ltd.
  • Dupont
  • GKN Plc
  • Ims Gear GMBH
  • RSB
  • Robert Bosch GMBH
  • Showa Corporation
  • Univance Corporation
  • ZF TRW

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Technology Overview

6 Market Overview

7 Automotive Gears Market, By Material Type

8 Automotive Gears Market, By Application

9 Automotive Gear Market, By Product Type

10 Automotive Gears Market, By Region

11 Competitive Landscape

12 Company Profiles

For more information visit http://www.researchandmarkets.com/research/tc8p79/automotive_gears