Industrial and Automotive Power Transmission Products companies

Key Industrial and Automotive Power Transmission Products Market Players:

Here is a list of key players operating in the global industrial and automotive power transmission products market:

• Siemens AG (Germany)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Robert Bosch GmbH (Germany)
• ABB Ltd. (Switzerland)
• Dana Incorporated (U.S.)
• BorgWarner Inc. (U.S.)
• SKF Group (Sweden)
• ZF Friedrichshafen AG (Germany)
• Schaeffler AG (Germany)
• GKN Automotive Limited (UK)
• SEW-Eurodrive GmbH & Co KG (Germany)
• Nidec Corporation (Japan)
• Regal Rexnord Corporation (U.S.)
• Allison Transmission Holdings, Inc. (U.S.)
• Sumitomo Heavy Industries, Ltd. (Japan)
• Gates Industrial Corporation plc (U.S.)
• NOK Corporation (Japan)
• Timken Company (U.S.)
• Bharat Gears Ltd. (India)
• Hyundai Wia Corporation (South Korea)
• Sapura Energy Berhad (Malaysia)

The international industrial and automotive power transmission products market is readily characterized by high concentration, with Europe, the U.S., and Japan-based firms holding dominant shares through technological leadership in electrification and digitalization. Notable strategies, such as the vertical integration for electric vehicle components, strategic mergers and acquisitions to achieve the newest capabilities, and strong research and development investment in smart, integrated systems, including e-Axles. Moreover, organizations are making expansions in high-growth Asia Pacific economies through localized partnerships and production infrastructures to gain automation and automotive booms. Besides, in February 2024, ZF has declared the first-ever PowerLine 8-speed automatic transmissions at the South Carolina manufacturing facility. This announcement is part of a USD 200 million investment, based on which the organization is currently boosting its production to 200,000 transmissions every year by the end of 2025, thus suitable for uplifting the industrial and automotive power transmission products market.

Corporate Landscape of the Industrial and Automotive Power Transmission Products Market:

• Siemens AG is considered an international technological powerhouse and is one of the leaders in industrial digitalization and automation, offering a wide-ranging portfolio of integrated drives and motors, along with automated systems that create the smart manufacturing backbone and process industries globally. The organization’s Simotics motors and Sinumerik CNC systems are essential for high-precision motion control, thus cementing its position in the progressive industrial power transmission ecosystem. Based on these, and as stated in its 2024 annual report, the organization achieved €8,301 million in net income, €1,020 million in other interest expenses, and €1,004 million in SFS income.
• Robert Bosch GmbH is regarded as the dominating force in both the industrial and automotive industries, well-known for its advanced mechatronic systems, hydraulic components, and electric drives. Through its very own Rexroth division, the company significantly supplies crucial components for factory and mobile automation, while its automotive provision caters to transmission control units and electric axle drives, which are essential for vehicle electrification.
• ABB Ltd. is one of the global leaders in automation and electrification, providing an expanded range of variable speed drives, robotic solutions, and high-efficiency motors that improve energy productivity and consumption across diversified industries. Besides, its ABB Ability digital platform offers predictive performance and maintenance for power transmission assets, fueling the transition to data-driven and connected industrial operations. Therefore, as per its 2024 annual report, the company generated H 9,380 Crore in revenue through innovation, and continuously delivers a 20% growth over the past 4 years.
• Dana Incorporated is considered the foremost international supplier of highly engineered propulsion and drivetrain systems, which include thermal management technologies, driveshafts, and axles for both electric and conventional vehicles. The organization’s Long and Spicer brands are synonymous with strong commercial and off-highway vehicle components, while its focus is on the integrated electromechanical propulsion that has positioned the organization at the electric vehicle transition forefront.
• BorgWarner Inc. is considered a propulsion technological leader, specializing in innovative combustion, electric, and hybrid vehicle solutions, with core expertise in electric drive modules, turbochargers, and transmission systems. Its tactical acquisitions, including AKASOL and Delphi Technologies, have rapidly extended its portfolio to emerge as the notable provider of high-voltage and complete e-Propulsion systems.