Drive Assy Market Size & Share, by Component (Chain & Sprocket, Gear, Pinion, Converters, Motors, Couplings); Distribution Channel (OEM, Aftermarket); End-user (Automotive, Metals & Heavy Machinery, Food & Beverage, Healthcare, Logistics, Aviation, Automation & Robotics, E-Commerce) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3497
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Companies Dominating the Drive Assy Market

    • Jungheinrich AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Great Wall Motor Co., Ltd.
    • Curtiss-Wright Corporation
    • Murata Machinery USA, Inc
    • Chevrolet.

Browse Key Market Insights with Data Illustration:


In The News

  • December 2023 - Dedicated Hybrid Transmission (DHT) technology producer HYCET, a wholly-owned subsidiary of Great Wall Motor, has benefited from Comau's design and implementation of a high-volume, automated manufacturing line. A next-generation transmission system called the L.E.M.O.N. hybrid DHT makes it possible to operate electric motors and gasoline engines simultaneously, facilitating effective power sharing between them.  Comau's end-to-end solution uses a total of 12 robots spread over 6 lines to achieve an annual production capacity of 150,000 pieces per line with a cycle time of less than 2 minutes, meeting the customer's large-scale manufacturing requirements.
  • April 2023 - The Naval Air Systems Command (NAVAIR) has awarded the Curtiss-Wright Corporation (NYSE: CW) a 5-year firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract. Curtiss-Wright will supply E-28 Retrieve Drive Assemblies, including spare parts, to assist the replacement of the legacy sub-systems throughout U.S. Navy and Marine Corps sites as part of a multi-year initiative with a maximum potential value of about $28 million.

Author Credits:  Harshita Srivastava, Saima Khursheed

  • Report ID: 3497
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing adoption of automated guided vehicles, rising demand for automation and robotics, and a surge in industrialization are the major factors driving the growth of the drive assy market.

The market size of drive assy is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2024-2036.

The major players in the market are Jungheinrich AG, Great Wall Motor Co., Ltd., Curtiss-Wright Corporation, Murata Machinery USA, Inc, Chevrolet, Geekplus Co., Ltd, Lexus Tokyo, Audi Japan, Kao Corporation, Nissan Motor Co. Lt, and others.

The OEM segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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