Automotive Gears Market to Reach USD 8.9B by 2031 as EV Multi-Speed Transmissions and 3D Printing Redefine Performance

[Stuttgart, April 21st, 2025] – The Automotive Gears Market, valued at USD 32.1 billion in 2023, is expected to grow at a rate of 5.4%, reaching USD 48.9 billion by 2031, as EV-specific designs offset declines in ICE sales, according to reports from ClearView Market Insights.
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2024 Technology Milestones
- EV Gearbox Breakthroughs
- Porsche's two-speed system boosts range by 5% at speeds exceeding 75 mph.
- Tesla's Cybertruck gears withstand 10,000 Nm – equivalent to 3 semi-trucks.
- Additive Manufacturing
- 3d-printed gears are now 40% lighter without strength tradeoffs.
- Höganäs's EV alloys enable 500,000 km durability warranties.
- Friction Reduction
- DLC coatings improve efficiency by 18% in ZF's e-drives.
- AI-optimized tooth profiles reduce gear whine by 25 dB.
Regional Leaders
- Asia-Pacific (45%): Produces 60% of global EV gears.
- Europe (XX%): ZF/BorgWarner tech leadership.
- North America (XX%): Tesla/Cybertruck driving innovation.
Executive Insights
"Gears aren't disappearing – they're being reinvented for the electric age."
– Holger Klein, CEO, ZF Friedrichshafen
Roadmap to 2031
- 2025: 50% of new EV platforms to adopt multi-speed gearboxes.
- 2027: 3D-printed gears in 15% of performance vehicles.
- 2030: Nanocoated gears standard in 800V architectures.
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Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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