The worldwide market for Automotive Speed Reducers is expected to grow at a CAGR of roughly 1.8% over the next five years, will reach 14800 million US$ in 2024, from 13300 million US$ in 2019, according to a new study.
Automotive Speed Reducers are devices between the transmission box and Differential, transferring the power from engine to axle.
The classification of Automotive Speed Reducers includes Single Stage type and Double Stage type, and the proportion of Single Stage type in 2017 is about 92%, and the proportion is in increasing trend from 2013 to 2017.
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Automotive Speed Reducers is widely used in Passenger Vehicle and Commercial Vehicle. The most proportion of Automotive Speed Reducers is for Passenger Vehicle, and the proportion in 2017 is about 68.50%.
China is the largest consumption place, with a consumption market share nearly 29% in 2017. Following China, Europe is the second largest consumption place with the consumption market share of 23%.
Market competition is intense. AAM, GKN, Magna, Meritor, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Report Covers Market Segment by Manufacturers:
Global Automotive Speed Reducers Industry is spread across 139 pages, profiling 11 top companies and supported with tables and figures.
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Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
The report focuses on Automotive Speed Reducers in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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There Are 15 Chapters To Deeply Display The Global Automotive Speed Reducers.
Chapter 1: To Describe Automotive Speed Reducers Introduction, Product Scope, Market Overview, Market Opportunities, Market Risk, Market Driving Force;
Chapter 2: To Analyze the Top Manufacturers of Automotive Speed Reducers, With Sales, Revenue, and Price of Automotive Speed Reducers, In 2016 and 2017;
Chapter 3: To Display the Competitive Situation among the Top Manufacturers, With Sales, Revenue and Market Share In 2016 and 2017;
Chapter 4: To Show the Global Market by Regions, With Sales, Revenue and Market Share of Automotive Speed Reducers, For Each Region, From 2016 to 2019;
Chapter 5, 6, 7, 8 And 9: To Analyze the Market by Countries, By Type, By Application and By Manufacturers, With Sales, Revenue and Market Share By Key Countries in These Regions;
Chapter 10 And 11: To Show the Market by Type and Application, With Sales Market Share And Growth Rate By Type, Application, From 2016 To 2019;
Chapter 12: Automotive Speed Reducers Market Forecast, By Regions, Type And Application, With Sales And Revenue, From 2019 To 2023;
Chapter 13, 14 And 15: To Describe Automotive Speed Reducers Sales Channel, Distributors, Traders, Dealers, Research Findings and Conclusion, Appendix and Data Source
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