Analysis of the market status and development trend of the vehicle gear industry

At present, gears are mainly divided into vehicle gears and industrial equipment gears according to their uses. Among them, vehicle gears account for more than 60% of the gear product market and are the largest application field of gear products. Vehicle gears are divided into automobile gears, motorcycle gears and agricultural machinery gears. .

Independent research and development capabilities continue to improve, high-precision gears are gradually sought after

my country's gear product research and development and manufacturing capabilities are relatively strong. In automatic transmissions, the core technologies of AT and CVT are mainly monopolized by foreign vehicle groups or third-party transmission manufacturers: it is difficult for my country to break through. In the DCT structure, it can be divided into dual clutches, actuators, electronic control systems, and mechanical structures; these parts other than the mechanical structure are mainly monopolized by foreign capital, such as the design, manufacturing and testing technology of dual clutches. It is in the hands of two companies, BorgWarner and Schaeffler, and the technology of friction discs is concentrated in the hands of companies such as BorgWarner and Danish (Japan).

At the same time, with the increase in the proportion of new energy vehicles, the demand for high-precision gears is bound to increase; and the research and development of high-precision gears requires OEMs or third-party parts manufacturers to invest more funds for support, which will drive the company’s Rising costs, thereby diluting profits; prompt assembly companies to outsource gears to professional gear companies for production, thereby concentrating resources on the innovation of core technologies. This increase in gear accuracy and strength will intensify competition in the gear industry, forcing small gear companies to give up their market share.

Increased industry demand for gearbox upgrades

One of the trends in the transmission, the core component of the automotive powertrain, is to automatically replace manual. As one of the core components of the transmission, gears effectively solve the contradiction between engine output torque and actual demand.

The increase in transmission penetration is mainly driven by the continuous spread of urban road congestion and consumption upgrades. The penetration rate of automatic transmissions for automobiles in my country is relatively low. In 2006, only 28.2% of automobiles used automatic transmission systems, while the rate of automatic transmissions for self-owned brands at that time was only 6.7%. This rate has been greatly eased in 2017. The penetration rate of automatic transmissions for all brand cars and self-owned brand cars has reached 63% and 35%; it can be seen that as the penetration rate of automatic transmissions in the future increases, domestic independent brands With the rise, the demand for the relevant gear industry will continue to increase.