Powder metallurgy micro gears are difficult to single out in the overall powder metallurgy parts statistics, but whether measured by weight or by the number of parts, powder metallurgy micro gears account for a much larger proportion in automobiles and motorcycles than in other fields of powder metallurgy parts. Therefore, the increase in the proportion of automobiles and motorcycles in the total powder metallurgy parts indicates that powder metallurgy micro gears are developing rapidly within the overall powder metallurgy parts. The 2016-2025 China Powder Metallurgy Micro Gear Industry Market Supply and Demand Outlook Research Report shows that while gears may seem inconspicuous, they are an important component of industrial equipment.
China's gear industry is basically composed of three parts: industrial gears, vehicle gears, and gear equipment. Among them, vehicle gears account for 60% of the market share; industrial gears consist of general, specialized, and special industrial gears, which have doubled in five years, ranking fourth in the world, with over 50 companies exceeding a sales scale of 100 million yuan, indicating a significant increase in industry concentration. Currently, in the five major product categories of the gear industry, hundreds of series, and thousands of products, a large number of products with internationally advanced levels have emerged. In 2016, the annual output value of the gear industry was 59 billion yuan, of which vehicle gears accounted for as much as two-thirds. The development of the gear mold is an important support driven by the automobile industry.
