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North America Worm Gear Drives Market Forecast to 2030
North America Worm Gear Drives Market Forecast to 2030 – Regional Analysis – by Operation Type (Cylindrical Worm Gear and Single and Double Enveloping Worm Gear), Product Type (Housed Units, Gearsets, and High Speed Worms), and Material Type (Stainless Steel, Cast Iron, Aluminum, and Others)
$2,485 – $3,885
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Description
Increased Automotive Sales Globally Fuels North America Worm Gear Drives Market
Worm gear drives are widely used in steering systems, power seats, convertible tops, sunroofs, and HVAC systems, among other automobile parts. In steering systems, worm gear drives are used in rack-and-pinion designs. The worm gear drive converts the circular motion of the steering wheel into the linear motion required by the steering system. The self-locking feature of the worm gear drives is beneficial for the steering systems, as it helps keep the system stable and in the appropriate position. Worm gear drives are also used in power seat adjustments to ensure smooth and controlled movement. They offer the torque and precision required to modify the seat position, recline angle, and height as per drivers’ specifications. Worm gear drives are utilized in vehicle HVAC systems to manage airflow and temperature. These gears aid in the adjustment of the air blend doors and recirculation flaps, resulting in efficient climate management within cars. Increased vehicle production and sales directly impact the demand for steering systems, HVAC systems, and power seats, ultimately triggering the sales of worm gear drives. As per the data published by the International Organization of Motor Vehicle Manufacturers in 2023, 57 million passenger cars were sold in 2022 globally, an increase of 1 million units from 2021. Countries such as the US, Germany, China, and India are a few of the top automotive industry markets. According to the American Automotive Association, the automobile manufacturing sector accounted for 11% of the US GDP in 2022. The US has the world’s eighth-largest automotive manufacturing industry, which generates US$ 1 trillion annually for the US economy. The manufacturing of motor parts and vehicles represents 3% of the US GDP, according to the Alliance for Auto Innovation Report in 2022. The US car and automobile manufacturing sector was valued at US$ 104.1 billion in 2023. In 2021, nearly 9.2 million vehicles were produced in the country, recording an upsurge of 4.5% compared to 2020. Rising vehicle production has created a massive demand for automobile products and services. Also, according to the Society for Indian Automotive Manufacturers (SIAM) Report, India’s Motor Vehicle Production reached 5.45 million units in 2022, compared to 4.4 million units produced in 2021.
Such an increase in vehicle production around the globe is driving the growth of the automotive telematics market. The following chart shows the automotive production by major countries and regions in 2022 as per the European Automotive Manufacturers Association Organization Report.
Increased vehicle demand has impacted global vehicle production positively. Increased production of vehicles increased the demand for worm gear drives in the automotive industry, ultimately driving the market.
North America Worm Gear Drives Market Overview
The North American worm gear drive market exhibits a diverse and dynamic landscape, influenced by the contributions of the US, Canada, and Mexico. The US, with its robust manufacturing sector, is a key enabler of the worm gear drives market growth. Trade volumes, a key indicator of economic health, rebounded in 2021 and 2022 after facing a setback in 2019 and 2020 due to modifications in trade policies amid the COVID-19 pandemic. Resurgence in trade values aligns with the rebound in US manufactured goods exports, reaching an all-time high of US$ 1,596.79 billion in 2022. Both durable and nondurable goods exports achieved record levels, standing at US$ 970.97 billion and US$ 625.82 billion, respectively.
With a strong legacy of high-quality automobile manufacturing, Canada hosts major OEMs such as Stellantis, Ford, GM, Honda, and Toyota, creating a thriving automotive sector. The demand for worm gear drives is driven by the manufacturing ecosystem, including a network of nearly 700 parts suppliers. With Mexico’s role as a key exporter of automobiles to global markets, the quality and efficiency of manufacturing processes become paramount, fueling the market for advanced power transmission systems.
North America Worm Gear Drives Market Revenue and Forecast to 2030 (US$ Million)
North America Worm Gear Drives Market Segmentation
The North America worm gear drives market is categorized into operation type, product type, material type, and country.
Based on operation type, the North America worm gear drives market is bifurcated into cylindrical worm gears and single and double enveloping worm gears. The cylindrical worm gears segment held a larger market share in 2022.
In terms of product type, the North America worm gear drives market is categorized into housed units, gearsets, and high speed worms. The gearsets segment held the largest market share in 2022.
By material type, the North America worm gear drives market is segmented into stainless steel, cast iron, aluminum, and others. The stainless steel segment held the largest market share in 2022.
By country, the North America worm gear drives market is segmented into the US, Canada, and Mexico. The US dominated the North America worm gear drives market share in 2022.
Kohara Gear Industry Co Ltd, Boston Gear LLC, Delroyd Worm Gear LLC, Tulsa Winch Inc, Cleveland Gear Co Inc, and The Timken Co are some of the leading companies operating in the North America worm gear drives market.
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According to the Research Team’ research, the North America worm gear drives market was valued at US$ 601.23 million in 2022 and is expected to reach US$ 695.35 million by 2030, registering a CAGR of 1.8% from 2022 to 2030. Advancements in worm gear manufacturing and growing elevator and escalator installations due to increasing construction activities are among the critical factors attributed to drive the North America worm gear drives market growth.
Worm gear drive manufacturing technology has advanced significantly in recent years, with the emergence of a variety of styles. These advancements are intended to improve the performance, efficiency, durability, and versatility of worm gear drive systems. Manufacturers are coming up with novel materials and coatings to improve the strength, wear resistance, and efficiency of worm gear drives. Advanced alloys such as high-strength steels and composites are being employed to improve load capacity while reducing weight of the component. Diamond-like carbon (DLC) coating and nitriding surface coating, among others, are used to increase durability and minimize friction. In October 2023, Boston Gear introduced second-generation high-strength steel worm gear drive. Its 316-grade stainless steel design provides superior durability along with contributing to compliance with hygiene standards compared to speed reducers made from painted, coated, and aluminum alloys for food and beverage applications. Worm gear drive manufacturers are also increasingly using modern CAD and CAM tools to enhance gear geometry, tooth profiles, and manufacturing processes. This integrated strategy assures precise and efficient production, which leads to enhanced performance and lower costs. Virtual simulation and testing techniques such as finite element analysis (FEA) and computational fluid dynamics (CFD) are used to assess the performance of worm gear drive under various operating situations. These techniques allow engineers to project gear performance, detect potential faults, and optimize designs before actual prototyping, thereby saving time and costs. With the surging demand for smaller and more compact gear systems, advancements in worm gear drive technology are also focused on miniaturization. Smaller gear sizes, optimized tooth profiles, and improved manufacturing techniques allow for the construction of small and lightweight worm gear drive systems in industries such as robotics, aircraft, and medical equipment manufacturing. In May 2023, Elesa+Ganter expanded its product line with two compact and sturdy angular worm gear driveboxes that converts rotational movements by 90 degrees and can transmit large torques with or without a gear ratio. They are appropriate for use in material-handling systems, packaging equipment, and conveyor technology, among other applications. In November 2022, Maxom showcased five new compact worm gear drives suitable for compact and small worm gear drive demands raised by various industries. Thus, advancements in manufacturing technologies are expected to create opportunities for the worm gear drives market.
On the contrary, presence of alternative products growth of North America worm gear drives market.
Based on operation type, the North America worm gear drives market is bifurcated cylindrical worm gears and single & double enveloping worm gears. The cylindrical worm gears segment held 73.8% market share in 2022, amassing US$ 443.95 million. It is projected to garner US$ 519.54 million by 2030 to register 2.0% CAGR during 2022-2030.
In terms of product type, the North America worm gear drives market is categorized into housed units, gearsets, and high speed worms. The gearsets segment held 46.4% share of North America worm gear drives market in 2022, amassing US$ 278.94 million. It is projected to garner US$ 339.51 million by 2030 to expand at 2.5% CAGR from 2022 to 2030.
By material type, the North America worm gear drives market is segmented into stainless steel, cast iron, aluminum, and others. The stainless steel segment held 32.4% share of North America worm gear drives market in 2022, amassing US$ 195.08 million. It is estimated to garner US$ 212.47 million by 2030 to expand at 1.1% CAGR during 2022-2030.
Based on country, the North America worm gear drives market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 78.1% share of North America worm gear drives market in 2022. It was assessed at US$ 469.44 million in 2022 and is likely to hit US$ 522.90 million by 2030, registering a CAGR of 1.4% during 2022-2030.
Key players operating in the North America worm gear drives market are Kohara Gear Industry Co Ltd, Boston Gear LLC, Delroyd Worm Gear LLC, Tulsa Winch Inc, Cleveland Gear Co Inc, and The Timken Co, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America worm gear drives market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America worm gear drives market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Worm Gear Drives Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
5. North America Worm Gear Drives Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increased Automotive Sales Globally
5.1.2 Growing Elevator and Escalator Installations Due to Increasing Construction Activities
5.2 Market Restraints
5.2.1 Presence of Alternative Products
5.3 Market Opportunities
5.3.1 Rise in Adoption of Robotics
5.4 Future Trends
5.4.1 Advancements in Worm Gear Manufacturing
5.5 Impact of Drivers and Restraints:
6. Worm Gear Drives Market – North America Market Analysis
6.1 Worm Gear Drives Market Revenue (US$ Million), 2020-2030
6.2 Worm Gear Drives Market Forecast Analysis
7. North America Worm Gear Drives Market Analysis – by Operation Type
7.1 Cylindrical Worm Gear
7.1.1 Overview
7.1.2 Cylindrical Worm Gear: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Single and Double Enveloping Worm Gear
7.2.1 Overview
7.2.2 Single and Double Enveloping Worm Gear: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Worm Gear Drives Market Analysis – by Product Type
8.1 Housed Units
8.1.1 Overview
8.1.2 Housed Units: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Gearsets
8.2.1 Overview
8.2.2 Gearsets: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
8.3 High Speed Worms
8.3.1 Overview
8.3.2 High Speed Worms: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Worm Gear Drives Market Analysis – by Material Type
9.1 Stainless Steel
9.1.1 Overview
9.1.2 Stainless Steel: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Cast Iron
9.2.1 Overview
9.2.2 Cast Iron: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Aluminum
9.3.1 Overview
9.3.2 Aluminum: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Worm Gear Drives Market – Country Analysis
10.1 North America: Worm Gear Drives Market – Revenue and Forecast Analysis – by Country
10.1.1 North America: Worm Gear Drives Market – Revenue and Forecast Analysis – by Country
10.1.2 United States: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1 United States: Worm Gear Drives Market Breakdown, by Operation Type
10.1.2.2 United States: Worm Gear Drives Market Breakdown, by Product Type
10.1.2.3 United States: Worm Gear Drives Market Breakdown, by Material Type
10.1.3 Canada: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
10.1.3.1 Canada: Worm Gear Drives Market Breakdown, by Operation Type
10.1.3.2 Canada: Worm Gear Drives Market Breakdown, by Product Type
10.1.3.3 Canada: Worm Gear Drives Market Breakdown, by Material Type
10.1.4 Mexico: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
10.1.4.1 Mexico: Worm Gear Drives Market Breakdown, by Operation Type
10.1.4.2 Mexico: Worm Gear Drives Market Breakdown, by Product Type
10.1.4.3 Mexico: Worm Gear Drives Market Breakdown, by Material Type
11. Competitive Landscape
11.1 Heat Map Analysis
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Kohara Gear Industry Co Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Boston Gear LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Delroyd Worm Gear LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Tulsa Winch Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Cleveland Gear Co Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 The Timken Co
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The the Reporting Teams
Table 1. Worm Gear Drives Market Segmentation
Table 2. Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million) – by Operation Type
Table 4. Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 5. Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million) – by Material Type
Table 6. North America: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 7. United States: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Operation Type
Table 8. United States: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 9. United States: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 10. Canada: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Operation Type
Table 11. Canada: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 12. Canada: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 13. Mexico: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Operation Type
Table 14. Mexico: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 15. Mexico: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Figure 1. Worm Gear Drives Market Segmentation, by Country
Figure 2. Worm Gear Drives Market – Key Market Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Worm Gear Drives Market Revenue (US$ Million), 2020-2030
Figure 5. Worm Gear Drives Market Share (%) – by Operation Type (2022 and 2030)
Figure 6. Cylindrical Worm Gear: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Single and Double Enveloping Worm Gear: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Worm Gear Drives Market Share (%) – by Product Type (2022 and 2030)
Figure 9. Housed Units: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Gearsets: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. High Speed Worms: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Worm Gear Drives Market Share (%) – by Material Type (2022 and 2030)
Figure 13. Stainless Steel: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Cast Iron: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Aluminum: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: Worm Gear Drives Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. North America Worm Gear Drives Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 18. North America: Worm Gear Drives Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 19. United States: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million)
Figure 20. Canada: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. Mexico: Worm Gear Drives Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. Heat Map Analysis, by Key Players
Figure 23. Company Positioning & Concentration
The List of Companies – North America Worm Gear Drives Market
1. Kohara Gear Industry Co Ltd.
2. Boston Gear LLC.
3. Delroyd Worm Gear LLC.
4. Tulsa Winch Inc.
5. Cleveland Gear Co Inc.
6. The Timken Co.
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