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Automotive Gears Market Growth Accelerates: Projected USD 57.39 Billion by 2034 at 3.2% CAGR | PMR [Yahoo! Finance]

American Axle & Manufacturing Holdings, Inc. (AXL) 
Last american axle & manufacturing holdings, inc. earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: aam.com
Company Research Source: Yahoo! Finance
The global automotive gears market size is projected to grow from USD 42.04 billion in 2024 to USD 57.39 billion by 2034, at a CAGR of 3.2%, according to a new report by Polaris Market Research. An automotive gear is a gyrating part with teeth that traces with alternate toothed machine constituent and gear and transmits torque. Gears are an important component of the function of an automobile. They arrive in varied kinds, each with its particular function. For instance, the gearbox conveys power from the engine to the divergent, which assists the car move. Comprehending how automotive gears function is critical to driving securely and productively. By comprehending the varied kinds of gears as well as the operations they serve, one might be able to drive with conviction and productivity. Key Insights from the Report: The market for automotive gears is significantly shaped by varied gear types such as spur gears, helical gears, bevel gears, and planetary gears are engaged relyin Show less Read more
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