Gear Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts

SIC 3566 | NAICS 333612

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Gear & Speed Changer Manufacturing (view report)
Engine, Turbine & Power Transmission Equipment Manufacturing (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Media Solutions, Inc.
Gear Solutions
https://gearsolutions.com/

Monthly magazine serves as a leading source of news, information, and technical knowledge for the gear manufacturing industry, with a primary focus on products, materials, technologies, applications, and processes used in manufacturing gears of all types and sizes. Digital edition can be viewed free online, with free print or digital subscriptions available for residents of the U.S., Canada, and Mexico.

Randall Publications, LLC
Publications available from this organization include:

Gear Technology
https://www.geartechnology.com/
Bimonthly trade journal features news and information for gear manufacturers, with topics covered in each issue including industry news, technical issues, product reviews, and trade events, and special reports including the annual "State of the Gear Industry Survey" (Jan./Feb. issue) which offers a look at current conditions and expectations for the coming year. Digital editions can be viewed free online.

State of the Gear Industry Survey
https://www.geartechnology.com/
Annual reader survey features a look at current business conditions and expectations for the coming year, with topics covered by the survey including the change over the last 12 months and anticipated change in the next 12 months for sales volume, production output in unit volume, employment levels, and capital spending. Survey is available free online in the January/February edition of the magazine.

American Gear Manufacturers Association
Reports available from this trade association include:

Gear Market Report
https://www.agma.org/
Quarterly report provides information on market conditions and econometric-model demand for gear products from ten user industries, with industries covered by the report including mining, oil, and gas equipment, construction machinery, power transmission equipment, industrial machinery, aerospace equipment, ship and offshore platform, and railroad equipment. Report is available to members only.

Monthly Market Trend Report
https://www.agma.org/
Monthly market trend report tracks booking and shipment data from domestic manufacturers for nine product groups (e.g., coarse/fine pitch gearing; worm/speed and concentric gearmotor/motorreducer products; shaft mounted, offset parallel shaft, and right angle speed reducers; mechanical adjustable speed drives and flexible couplings; and high-speed drives). Reports are available to members only.

Freedonia Group
Gears: United States
https://www.freedoniagroup.com/

Freedonia research report analyzes product demand and shipments at the manufacturers' level, with information provided in the report including historical demand and forecasts by product (e.g., vehicle powertrain assemblies, vehicle steering assemblies, speed reducers and changers, gearmotors and all other assemblies, and individual gears) and market (e.g., motor vehicles, machinery, and others).

GIA Research
Gears, Drives, and Speed Changers
https://www.strategyr.com/

Comprehensive study provides an in-depth analysis of the market for these products in the U.S. and other countries, with data provided in the study including historical and forecast revenue by end-user sector (e.g., automotive, industrial, marine, and aerospace) and firms profiled including BorgWarner, Inc., Cone Drive Operations Inc., Marine Gears, Inc., The Horsburgh & Scott Co., and Rexnord Corp.

BizMiner Market Analysis Reports
Gear, Speed Changer, and Industrial High-Speed Drive Manufacturing
https://www.bizminer.com Search for "333612" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Gear, Speed Changer, and Industrial High-Speed Drive Manufacturing

https://www.bizminer.com Search for "333612" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Gear & Speed Changer Manufacturing

(see links for individual reports) (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.

American Gear Manufacturers Association
Operating Ratio Report
https://www.agma.org/

Annual benchmarking report lets users compare their firm's financial and operating performance with other similar North American firms based on line of business and annual sales volume, with financial performance measures provided in the report including income statements, balance sheets, and key financial ratios. Individualized financial performance report is available to participating members only.

More financial benchmarking data »

Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Engine, Turbine, and Power Transmission Equipment Manufacturing
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for persons employed by companies in this sector which includes companies that manufacture gears (e.g., helical, bevel, spur, worm, and rack and pinion), gearmotors and other gear assemblies, speed changers and reducers, high-speed industrial drives, and mechanical power transmission equipment.

PayScale, Inc.
Engine, Turbine, and Power Transmission Equipment Manufacturing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, manufacturing engineer, mechanical engineer, engineering technician, CNC operator, machinist, and welder, with employers for which data is provided including General Electric Company, Siemens AG, Solar Turbines Inc., Regal-Beloit Corporation, and Rexnord Industries, LLC.

More compensation surveys »

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Code 3566 - Speed Changers, Industrial High-Speed Drives, and Gears Manufacturing

– NAICS Code 333612 - Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing

Types of establishments included in these codes

Spur gear manufacturers - establishments that primarily produce spur gears, which are cylindrical gears with straight teeth parallel to the axis of rotation, commonly used in a wide range of applications, such as automotive transmissions and machinery.

Helical gear producers - establishments that specialize in manufacturing gears that have teeth that are cut at an angle to the axis of rotation, offering smoother and quieter operation than spur gears, and are often used in high-load and high-speed applications.

Bevel gear manufacturing - establishments that primarily produce bevel gears that have teeth that are cut on a conical surface and are used to transmit motion between intersecting shafts found in automotive differentials and power transmission systems.

Worm gear production - establishments that manufacture worm gears, which consist of a screw-shaped worm and a helical gear, used to transmit motion between non-intersecting shafts and provide a high reduction ratio with minimal space requirements.

Planetary gear manufacturers - establishments that manufacture systems that consist of a central gear surrounded by planet gears, and are often used in automatic transmissions, differentials, and industrial equipment due to their compact size and high torque capacity.

Gear assembly producers - establishments that focus on assembling complete systems of gears and related equipment, integrating various types of gears, shafts, and housings into a functional unit for use in a wide range of applications.

Custom gear manufacturing - establishments that provide custom manufacturing services for gears, designing and producing gears and related components to meet the specific requirements of clients, often for specialized applications or unique equipment designs.

Gear grinding and finishing services - establishments that offer grinding and finishing services for gears, such as lapping, honing, and polishing, to enhance the performance, precision, and longevity of gears and related equipment.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »