Product Code: ETC021943 | Publication Date: Oct 2020 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Gears market currently, in 2023, has witnessed an HHI of 1374, Which has decreased slightly as compared to the HHI of 1505 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Gears Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Gears Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Gears Market - Industry Life Cycle |
3.4 South Korea Gears Market - Porter's Five Forces |
3.5 South Korea Gears Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 South Korea Gears Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 South Korea Gears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Technological advancements in gear manufacturing processes leading to higher efficiency and performance. |
4.2.2 Growing automotive industry in South Korea driving the demand for gears in vehicles. |
4.2.3 Increasing investments in industrial automation and robotics, which require gears for machinery. |
4.2.4 Government initiatives to promote local manufacturing and exports of gears. |
4.2.5 Rising demand for energy-efficient gears in sectors like renewable energy and aerospace. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the cost of gear production. |
4.3.2 Competition from international gear manufacturers affecting domestic market share. |
4.3.3 Regulatory challenges related to environmental standards and labor laws. |
4.3.4 Economic fluctuations impacting consumer spending and investment in new machinery. |
4.3.5 Lack of skilled workforce in gear manufacturing industry hindering growth potential. |
5 South Korea Gears Market Trends |
6 South Korea Gears Market, By Types |
6.1 South Korea Gears Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 South Korea Gears Market Revenues & Volume, By Types, 2021 - 2031F |
6.1.3 South Korea Gears Market Revenues & Volume, By Spur Gear, 2021 - 2031F |
6.1.4 South Korea Gears Market Revenues & Volume, By Helical Gear, 2021 - 2031F |
6.1.5 South Korea Gears Market Revenues & Volume, By Bevel Gear, 2021 - 2031F |
6.1.6 South Korea Gears Market Revenues & Volume, By Worm Gear, 2021 - 2031F |
6.1.7 South Korea Gears Market Revenues & Volume, By Gear Rack, 2021 - 2031F |
6.1.8 South Korea Gears Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 South Korea Gears Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 South Korea Gears Market Revenues & Volume, By Vehicles, 2021 - 2031F |
6.2.3 South Korea Gears Market Revenues & Volume, By Industry, 2021 - 2031F |
6.2.4 South Korea Gears Market Revenues & Volume, By Special Equipment, 2021 - 2031F |
7 South Korea Gears Market Import-Export Trade Statistics |
7.1 South Korea Gears Market Export to Major Countries |
7.2 South Korea Gears Market Imports from Major Countries |
8 South Korea Gears Market Key Performance Indicators |
8.1 Rate of adoption of advanced gear manufacturing technologies. |
8.2 Percentage increase in gear usage in the automotive sector. |
8.3 Growth in the number of industrial automation projects utilizing gears. |
8.4 Exports of gears as a percentage of total production. |
8.5 Energy efficiency improvements in gears manufactured for renewable energy applications. |
9 South Korea Gears Market - Opportunity Assessment |
9.1 South Korea Gears Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 South Korea Gears Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 South Korea Gears Market - Competitive Landscape |
10.1 South Korea Gears Market Revenue Share, By Companies, 2024 |
10.2 South Korea Gears Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |