The global automotive transmission gears market is estimated to be valued at US$24,356.1Mn in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period 2023-2030, according to a new report published by Coherent Market Insights.

Market Overview:
Automotive transmission gears are an essential component of vehicles, facilitating the transfer of power from the engine to the wheels. These gears play a crucial role in ... Read more

Automotive transmission gears are an integral component of automobile's transmission system, which is used to change the gear ratio between the engine and wheels for better acceleration and higher fuel efficiency. The primary function of transmission gears is to transfer the engine power to the vehicle wheels through transmission shafts and differential gears. Growing vehicle production across the world due to rising disposable incomes and changing lifestyles is generating significant demand ... Read more

Automotive transmission gears help transfer power from the engine to drive the wheels of the vehicle. Different types of gears such as spur, helical, Bevel gears are used in transmission systems depending on the vehicle type. Automotive transmission gears efficiently distribute torque from the engine to the wheels for smooth driving. The growing demand for fuel-efficient vehicles due to stringent emission norms has necessitated the use of automatic and dual-clutch transmission ... Read more