This report analyzes the worldwide markets for Gears, Drives & Speed Changers in Millions of US$. The specific end-use segments discussed are Automotive, Industrial, and Marine, Aerospace. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual forecasts are provided for each region for the period of 2001 through 2010. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 452 companies including many key and niche players worldwide such as ABB, Bharat Gears, BNA Bonfiglioli North America, BorgWarner Automotive Inc, Colfax, Cone Drive Operations , Curtis Machine Company, Dana Corp, Danfoss Group, David Brown Group Plc, Eaton Corp, Falk Corporation, Gears & Drive Systems, General Electric Company, Graziano Trasmissioni SpA, Graziano Trasmissioni North America, Haley Marine Gears Inc, Haley Marine Gears International Inc, Horsburgh & Scott, Hub City Inc., Iveco, Jatco Transtechnology, Kanzaki Kokyukoki Manufacturing Co., MAAG Gear, Robert Bosch, Rockwell Automation, Siemens AG, Siemens Energy & Automation Inc., Tochigi Fuji Industrial, Tomkins PLC, Twin Disc Inc., V.V. Enterprises, and ZIFF Friedrichshafen AG. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

I-A. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

• Study Reliability And Reporting Limitations I-1
• Disclaimers I-2
• Data Interpretation & Reporting Level I-2
• CAGR Disparities Between Historic & Current Data I-2
• Quantitative Techniques & Analytics I-3
• Product Definitions And Scope of Study I-3
• Gears I-3
• Drives I-3
• Mechanical Drives I-3
• Electric Drives I-4
• Hydrostatic Drives I-4
• Speed Changers I-4

I-B. A GENERAL OVERVIEW OF THE AUTOMOTIVE INDUSTRY

• Growth, Albeit at a Price... I-5
• Industry Profile I-5
• Classification I-5
• Table 1: Categorization of Trucks based on GVW I-5
• Factors Driving Performance I-6

II. EXECUTIVE SUMMARY

1. Industry Overview II-1

• Industry Highlights II-1
• Gear Industry: A Global Outlook II-2
• Hydraulic Drive Manufacturers to Set Right the Problems II-3
• Better Days Ahead II-3
• Customer Education to be the Key Growth Factor II-3
• Market Trends/Issues II-3
• Global Industry Undergoes Consolidation II-3
• Moves Reflecting Market Realities II-4
• CVTs Pose Threat to Gear Demand II-4
• Industry Driven by Global Automotive Patterns II-5
• Automatic Transmission Being Increasingly Preferred II-5
• Table 2: Penetration Rates for Automatic Transmissions in Leading World Markets: 1995-2005 (includescorresponding Graph/Chart) II-6
• SUVs and Trucks to Drive Demand for Auto Parts II-6
• Speed Changer Producers Seek NewerTechniques and Tools II-6
• Contraction in Conventional Markets Throttles Demand II-7
• Investment Levels Redefine InternationalCompetitiveness II-7
• Inconsistent Demand for Gears from the Defense Sector II-7
• Substitutes Encroach Conventional Markets II-8
• Global Gear Market - Prevailing Trends II-8
• Helical and Spur Gear Segments, Losing Their Lead II-8
• Declining Automotive Gears Market in the US andWestern Europe II-8
• Globalization Spurs Growth in the Global Gear Market II-9
• The Growing Impact of Technology on Gear Market II-9
• Increasing Environmental Concerns Impact Gear Market II-9
• Electrical and Mechanical Drives Dominatethe Overall Drives Market II-9
• Global Drives Market - Highlight of Prevailing Trends II-10
• AC Drives Market Undergoes Consolidation II-10
• Table 3: Global AC Drive Market 1999-2004 (Units)(includes corresponding Graph/Chart) II-11
• AC Drives Overtake DC Drives II-11
• European and the US Markets for Speed Changers HogLimelight II-12
• Factors Influencing Gears Market II-12
• Factors Affecting the Speed Changers Market II-12
• Challenges II-12
• Gear Market Faces Challenges in the Form ofAlternatives II-12
• Developments in End-Use Segments - A Major Challengefor Drives Manufacturers II-13
• Challenges Plenty for Speed Changers Market II-13
• Market Dynamics II-13
• Gears Market: Concentrated in the US, Japan and Europe II-13
• Gear Manufacturers Focus Upon Eco-Friendly Products II-13
• Gear Assemblies: The Booming Segmentin Gears Market II-14
• The European Domination in the Global Drives Market II-14
• Demand Source for Global Electric Drives Market II-14
• Speed Changers - Growth Propelled by Gear Market II-14
• Global Gear Industry Structure II-14
• Strategies Adopted by Major Players in Gears Market II-15
• Strategies Adopted by Manufacturers in Drives Market II-15
• Growth Drivers II-15
• Competitive Overview II-16
• Gears Market II-16
• The United States II-16
• Other Regions II-16
• Industrial Gears and Drives Market II-17
• Global Speed Changers Market II-17

2. Product Overview II-18

• Gears II-18
• Classification of Gears by Product Type II-18
• Spur Gears II-18
• Helical Gears II-18
• Double Helical (Herringbone) Gears II-19
• Bevel Gears II-19
• Spiral Bevel Gears II-19
• Hypoid Gears II-19
• Crown Gear II-19
• Worm Gear II-19
• Differential Gear II-19
• Rack Gear II-20
• Idler Gear II-20
• Planetary Gear II-20
• Gear and Pinion II-20
• Precision Gears II-20
• Classification of Gears Based on Position of Axes II-20
• Gears for connecting parallel shafts II-20
• Gears for connecting intersecting shafts II-20
• Neither parallel nor intersecting shafts II-20
• Gear Trains II-21
• Gearbox II-21
• Emergence of New Gear Segments II-21
• Drives II-21
• Classification of Drives II-21
• Mechanical Drives II-21
• Electric Drives II-22
• Hydrostatic Drives II-22
• Fluid/Hydraulic Drives II-22
• DC Electric Drives Vs AC Electric Drives II-22
• The Influence of Standards on Drives II-22
• The CE Mark II-22
• Speed Changers II-23

3. CVT - A Brief Market Analysis II-24

• What is CVT? II-24
• Would CVT Eventually Replace Gears? II-24
• Threat for Others Too II-25
• The Global Scenario II-25
• CVTs Yet to Gear Up in the US II-25
• Catching up Fast in the Europe II-25

4. Business Environment Analysis II-26

• Closer Ties Click Survival Chances II-26
• Pricing Battles Expel Smaller Players II-27
• Economic Solutions Rationalize New Moves II-27
• Technology Threats II-27
• Environmental Concerns Gear Up Drive for Better Gears II-27
• Skill Levels Slide Down II-28

5. Technological Developments II-29

• Industrial Hemp: Ideal for Lightweight Auto Parts II-29
• Powder Metallurgy Makes Way in AutomotivePart Production II-29
• The Technique II-29
• The Prospects II-29
• CAD Furthers Gear Design II-30
• Plastics for Making Gears II-30
• Honda' s New Water Jet Technology II-30
• Growing Significance of Precision Shot Peening Technique II-30
• Future of Transmissions Systems II-30
• The Automatic Gearbox II-31
• Continuous Variable Transmissions (CVTs) II-31
• AMT: Yet Another Acronym II-31
• Other Products II-32
• Transmissions: Golden Opportunity for Powder Metals II-32

6. Product Launches/Developments II-33

• ABB Launches New Drives II-33
• JATCO Develops A New Belt CVT II-33
• Dana Introduces A New Single Drive II-33
• Eurotherm Launches New Variable Speed Drives II-33
• Borg-Warner Launches Electronically Controlled 4-Wheel-Drive System II-33

7. Recent Industry Activity II-35

• Dana Acquires Mexican Joint Venture II-35
• GETRAG and JMC to Set Up A Joint Venture II-35
• Rockwell Puts Businesses for Sale II-35
• JATCO Mulls to Expand Production Capacity II-35
• Rexnord Acquires Falk II-35
• Amtek Auto to Set Up A Production facility II-35
• JATCO Proposes to Supply CVT II-35
• Magna International Inc. Completes the Acquisition of New Venture Gear II-36
• Precision Parts International LLC, AcquiresPrecision Gear Inc II-36
• FastenTech Inc Takes Over Gear & Broach II-36
• Capstan, Inc. Acquires Caterpillar' s PowderedMetal Component Manufacturing Operations II-36
• Triumph Group Inc Takes Over Rolls-Royce Gear Systems II-36
• Seynaeve Family Acquires BMT Shares II-36
• Siemens Sets up New Division II-37
• GM Exits Joint Venture II-37
• Textron Sells UK Business Unit II-37
• Nissan Motor Sells Stake in Tochigi Fuji Industrial II-37
• Yaskawa Acquires MagneTek Drives II-38
• Axicon Technologies Forms an Alliance with Timken II-38
• Kanematsu Signs a Contract with Peugeot II-38
• Ashok Leyland Obtains License from ZF Friedrichshafen II-38
• General Motors Awards Supply Contract to Eaton Corp II-38
• Dana Divests Forging Plant II-38
• Honeywell International Divests Pump & LubricationProduct Line II-39
• Robert Bosch Acquires Mannesmann Rexroth II-39
• Robert Bosch Forms Joint Venture with SAP II-39
• Dana Acquires Axle and Stamping Operationsfrom Invensys Plc II-39
• Maag Gear Acquires ABB Zamech II-39
• Baldor Electric Sets Up a New Laboratory II-39
• Robert Bosch Launches CompeteS, A New PartsPurchasing Program II-40

8. Focus on Select Global Players II-41

• ABB (Sweden) II-41
• Bharat Gears (India) II-41
• BNA Bonfiglioli North America (Canada) II-41
• BorgWarner Automotive Inc (USA) II-42
• Colfax (USA) II-42
• Cone Drive Operations (USA) II-42
• Curtis Machine Company (USA) II-43
• Dana Corp (USA) II-43
• Danfoss Group (USA) II-43
• David Brown - A Textron Company (UK) II-44
• Eaton Corp (USA) II-44
• Falk Corporation (USA) II-45
• Gears & Drive Systems (USA) II-45
• General Electric Company (USA) II-45
• Graziano Trasmissioni SpA (Italy) II-45
• Graziano Trasmissioni North America II-45
• Haley Marine Gears Inc (USA) II-46
• Haley Marine Gears International Inc II-46
• Horsburgh & Scott (USA) II-46
• Hub City Inc. (USA) II-46
• Iveco (Italy) II-46
• Jatco Transtechnology (Japan) II-47
• Kanzaki Kokyukoki Manufacturing Co. (Japan) II-47
• MAAG Gear (Switzerland) II-47
• Robert Bosch (Germany) II-47
• Rockwell Automation (USA) II-48
• Siemens AG (Germany) II-48
• Siemens Energy & Automation Inc. (USA) II-48
• Tochigi Fuji Industrial (Japan) II-49
• Tomkins PLC (UK) II-49
• Twin Disc Inc. (USA) II-49
• V.V. Enterprises (India) II-49
• ZF Friedrichshafen AG (Germany) II-49

9. Global Market Perspective II-51

• Table 4: World Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-51
• Table 5: World Historic Review for by Gears, Drives, and Speed Changers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) II-51
• Table 6: World 20-Year Perspective for Gears, Drives, and Speed Changers by Geographic Region - Percentage Breakdown of Dollar Sales (*) for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) II-52
• Table 7: World Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers in Automotive Application by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-53
• Table 8: World Historic Review for Gears, Drives, and Speed Changers in Automotive Application by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) II-53
• Table 9: World 20-Year Perspective for Gears, Drives, and Speed Changers in Automotive Application by Geographic Region - Percentage Breakdown of Dollar Sales (*) for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) II-54
• Table 10: World Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers in Industrial Application by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) II-55
• Table 11: World Historic Review for Gears, Drives, and Speed Changers in Industrial Application by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) II-55
• Table 12: World 20-Year Perspective for Gears, Drives, and Speed Changers in Industrial Application by Geographic Region - Percentage Breakdown of Dollar Sales (*) for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) II-56
• Table 13: World Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers in Marine, Aerospace and Other Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America andRest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through2010 (includes corresponding Graph/Chart) II-57
• Table 14: World Historic Review for Gears, Drives, and Speed Changers in Marine, Aerospace and Other Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includescorresponding Graph/Chart) II-57
• Table 15: World 20-Year Perspective for Gears, Drives, and Speed Changers in Marine, Aerospace and Other Applications by Geographic Region - Percentage Breakdown of Dollar Sales (*) for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) II-58

III. MARKET

1. The United States III-1

• A. Market Analysis III-1
• Market Overview III-1
• Current & Future Analysis III-1
• Gear Industry III-1
• US Gears Market III-2
• Opportunities Galore III-2
• Automotive Sector Continues to be the PrincipalMarket III-2
• Plastic Gears Poised for Rapid Growth III-3
• Sluggish Prices Mar the Gears Market III-3
• An Overview of the US Industrial Gears Market III-3
• Table 16: US Industrial Gear Market by Type: 1995-2005 (In Percentage) - Worm, In Line, Shaft Mount, Parallel-Shaft and Helical-Bevel, Gearmotors, High-Speed and Bevel (includes corresponding Graph/Chart) III-4
• AC Drives Market III-5
• Table 17: American AC Drives Market 1999 - 2004 (In Units) (includes corresponding Graph/Chart) III-5
• Competition III-5
• Table 18: US Market for Industrial High Speed Gears &Drives and Speed Changers (2003 & 2004) - Imports in US$ Million by Country for Japan, Germany, Italy,Canada, Mexico, Belgium, UK, China, France, Taiwan, Korea, Poland, India, Brazil, Sweden, Switzerland, Spain, Denmark, Austria, Finland, Hungary, Australia, Czech Republic, and Others (includes corresponding Graph/Chart) III-6
• Market Strategies III-7
• Product Launches III-7
• Strategic Corporate Developments III-7
• B. Market Analytics III-11
• Table 19: US Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-11
• Table 20: US Historic Review for Gears, Drives, and Speed Changers by End-Use Segment -Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-11
• Table 21: US 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991,1995, 2005 & 2010 (includes correspondingGraph/Chart) III-12

2. Canada III-13

• A. Market Analysis III-13
• Current & Future Analysis III-13
• Historic Review III-13
• US Companies Expanding Capacity III-13
• B. Market Analytics III-14
• Table 22: Canadian Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment -Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-14
• Table 23: Canadian Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-14
• Table 24: Canadian 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-15

3. Japan III-16

• A. Market Analysis III-16
• Current & Future Analysis III-16
• Historic Review III-16
• Product Launches III-16
• Strategic Corporate Developments III-16
• B. Market Analytics III-17
• Table 25: Japanese Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment -Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-17
• Table 26: Japanese Historic Review for Gears, Drives, and Speed Changers by End-Use Segment -Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-18
• Table 27: Japanese 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-18

4. Europe III-19

• A. Market Analysis III-19
• Current & Future Analysis III-19
• By Geographic Region III-19
• By End Use Segment III-19
• Historical Review III-19
• By Regional Markets III-19
• By End Use Segments III-20
• European Automotive Market III-20
• European Gearboxes and Geared Motors Market III-20
• Table 28: European Market for Geared Motors (2003 & 2005(E)) - Percentage Breakdown of Value Sales by Company for Bonfiglioli, Flender, Leroy Somer, Nord, SEW-Eurodrive, and Others (includes corresponding Graph/Chart) III-21
• Table 29: European Market for Gearboxes and Geared Motors (2003 & 2005(E)) - Percentage Breakdown of Value Sales by Company for Bonfiglioli, Flender, SEW-Eurodrive, and Others (includes corresponding Graph/Chart) III-21
• Automatics Gain Popularity, Trigger Competition III-22
• Leading Automatic Transmission Suppliersby Customers in Europe III-22
• Europe' s Leading Suppliers of AutomaticTransmissions III-22
• European Market for Variable Speed andAC Drives III-23
• Table 30: European AC Drive Market (1999 - 2004) (In Units) (includes correspondingGraph/Chart) III-23
• Demand for Electric Variable Speed Drives inthe Europe III-23
• Competition III-24
• A Crowded European AC Drives Market III-24
• Product Launches III-24
• Strategic Corporate Developments III-25
• B. Market Analytics III-26
• Table 31: European Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by Geographic Region - France, Germany, UK, Italy Spain, Russia & Rest of Europe Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-26
• Table 32: European Historic Review for Gears, Drives, and Speed Changers by Geographic Region - France, Germany, UK, Italy, Spain, Russia & Rest of Europe Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-26
• Table 33: European 20-Year Perspective for by Gears, Drives, and Speed Changers by Geographic Region - Percentage Breakdown of Dollar Sales (*) for France, Germany, UK, Italy, Spain, Russia & Rest of Europe Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-27
• Table 34: European Recent Past, Current & Future Market Analysis for Gears, Drives, and Speed Changers in Automotive Application by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-28
• Table 35: European Historic Market Review for Gears, Drives, and Speed Changers in Automotive Application by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-28
• Table 36: European 20-Year Perspective for Gears, Drives, and Speed Changers in Automotive Application by Geographic Region - Percentage Breakdown of Dollar Sales (*) for France, Germany, UK, Italy, Spain, Russia, and Rest of Europe Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-29
• Table 37: European Recent Past, Current & Future Market Analysis for Gears, Drives, and Speed Changers in Industrial Application by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-30
• Table 38: European Historic Market Review for Gears, Drives, and Speed Changers in Industrial Application by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes correspondingGraph/Chart) III-30
• Table 39: European 20-Year Perspective for Gears, Drives, and Speed Changers in Industrial Application by Geographic Region - Percentage Breakdown of Dollar Sales (*) for France, Germany, Italy, UK, Spain, Russia & Rest of Europe Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-31
• Table 40: European Recent Past, Current & Future Market Analysis for Gears, Drives, and Speed Changers in Marine, Aerospace and Other Applications by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-32
• Table 41: European Historic Market Review for Gears, Drives, and Speed Changers in Marine, Aerospace and Other Applications by Geographic Region - France, Germany, Italy, UK, Spain, Russia & Rest of Europe Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-32
• Table 42: European 20-Year Perspective for Gears, Drives, and Speed Changers in Marine, Aerospace, and Other Applications by Geographic Region - Percentage Breakdown of Dollar Sales (*) for France, Germany, Italy, UK, Spain, Russia & Rest of Europe Markets for Years 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-33

4a. France III-34

• A. Market Analysis III-34
• Current & Future Analysis III-34
• Historic Review III-34
• B. Market Analytics III-35
• Table 43: French Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-35
• Table 44: French Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-35
• Table 45: French 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991,1995, 2005 & 2010 (includes correspondingGraph/Chart) III-36

4b. Germany III-37

• A. Market Analysis III-37
• Current & Future Analysis III-37
• Historic Review III-37
• B. Market Analytics III-38
• Table 46: German Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-38
• Table 47: German Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-38
• Table 48: German 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991,1995, 2005 & 2010 (includes correspondingGraph/Chart) III-39

4c. The United Kingdom III-40

• A. Market Analysis III-40
• Market Outlook III-40
• Historic Review III-40
• Growing High Power Rated Electric Drives Market III-40
• B. Market Analytics III-41
• Table 49: UK Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through2010 (includes corresponding Graph/Chart) III-41
• Table 50: UK Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-41
• Table 51: UK 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-42

4d. Italy III-43

• A. Market Analysis III-43
• Current & Future Analysis III-43
• Historic Review III-43
• B. Market Analytics III-44
• Table 52: Italian Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-UseSegment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-44
• Table 53: Italian Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-44
• Table 54: Italian 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes correspondingGraph/Chart) III-45

4e. Spain III-46

• A. Market Analysis III-46
• Current & Future Analysis III-46
• Historic Review III-46
• B. Market Analytics III-47
• Table 55: Spanish Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-UseSegment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-47
• Table 56: Spanish Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-47
• Table 57: Spanish 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991,1995, 2005 & 2010 (includes correspondingGraph/Chart) III-48

4f. Russia III-49

• A. Market Analysis III-49
• Current & Future Analysis III-49
• Historic Review III-49
• B. Market Analytics III-50
• Table 58: Russian Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-UseSegment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-50
• Table 59: Russian Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-50
• Table 60: Russian 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-51

4g. Rest of Europe III-52

• A. Market Analysis III-52
• Current & Future Analysis III-52
• Historic Review III-52
• B. Market Analytics III-53
• Table 61: Rest of Europe Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers byEnd-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzedwith Annual Sales Figures (*) in US$ Million for Years2001 through 2010 (includes correspondingGraph/Chart) III-53
• Table 62: Rest of Europe Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*)in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-53
• Table 63: Rest of Europe 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-54

5. Asia-Pacific III-55

• A. Market Analysis III-55
• Current & Future Analysis III-55
• Historic Perspective III-55
• An Overview of Some of the Significant Markets III-55
• China III-55
• Government Stranglehold on Auto Sector andRelated Markets III-55
• Chinese Market for AC Variable-Speed Drives III-56
• Outlook III-56
• Table 64: Leading Players in the Chinese Market for AC Variable-Speed Drive (2000 & 2004(E)) - Percentage Breakdown of Value Sales by Company for Fuji Electric, Mitsubishi, ABB, Siemens, Sanken, Yasakawa, and Others (includescorresponding Graph/Chart) III-56
• Table 65: Chinese Market for AC and DC Drives (1995-2005) - In US$ Million (includes corresponding Graph/Chart) III-56
• India III-57
• Major Car Makers in India III-57
• Steering Gears Market III-57
• Electrical Motor Drives Market III-59
• Strategic Corporate Developments III-59
• B. Market Analytics III-60
• Table 66: Asia-Pacific Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-60
• Table 67: Asia-Pacific Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-60
• Table 68: Asia-Pacific 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-61

6. Latin America III-62

• A. Market Analysis III-62
• Current & Future Analysis III-62
• Historic Review III-62
• An Overview of Brazilian Market III-62
• Companies on an Expansion Spree in Brazil III-62
• B. Market Analytics III-63
• Table 69: Latin American Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-63
• Table 70: Latin American Historic Review for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-63
• Table 71: Latin American 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-64

7. Rest of World III-65

• A. Market Analysis III-65
• Current & Future Analysis III-65
• Historic Review III-65
• B. Market Analytics III-66
• Table 72: Rest of World Recent Past, Current & Future Analysis for Gears, Drives, and Speed Changers by End-Use Segment - Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-66
• Table 73: Rest of World Historic Review for Gears, Drives, and Speed Changers by End-Use Segment for Automotive, Industrial, and Marine, Aerospace and Other Markets Independently Analyzed with Annual Sales Figures (*) in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-66
• Table 74: Rest of World 20-Year Perspective for Gears, Drives, and Speed Changers by End-Use Segment - Percentage Breakdown of Dollar Sales (*) for Automotive, Industrial, and Marine, Aerospace and Other Markets for 1991, 1995, 2005 & 2010 (includes corresponding Graph/Chart) III-67

IV. COMPETITION

• 1. ABB Limited (Switzerland) IV-1
• Table 75: First Quarter Sales Analysis: 2005-2006(In US$ million) IV-2
• Table 76: Annual Sales Analysis: 2004-2005(In US$ million) IV-2
• Table 77: Annual Sales Analysis by Segment:2004-2005 (In US$ million) IV-3
• Table 78: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-3
• ABB Power Technology Products AB (Sweden) IV-8
• 2. ABM Greiffenberger Antriebstechnik GmbH (Germany) IV-9
• 3. ACME Gear Co., Inc. (USA) IV-10
• 4. Advanced Machine And Engineering Co. (USA) IV-11
• 5. Agosti Ingranaggi Sas (Italy) IV-14
• 6. Aisin Seiki Co., Ltd. (Japan) IV-15
• Table 79: First Quarter Sales Analysis: 2006-2007(In ¥ billion) IV-15
• Table 80: First Quarter Sales Analysis by BusinessSegment: 2006-2007 (In ¥ billion) IV-16
• Table 81: First Quarter Sales Analysis by Geographic Region: 2006-2007 (In ¥ billion) IV-16
• Table 82: Annual Sales Analysis: 2004-2006(In ¥ billion) IV-16
• Table 83: Annual Sales Analysis by BusinessSegment: 2005-2006 (In ¥ billion) IV-16
• Table 84: Annual Sales Analysis by GeographicRegion: 2005-2006 (In ¥ billion) IV-17
• 7. A.J.E. Gearing Co., Ltd. (UK) IV-20
• 8. Akron Gear & Engineering, Inc. (USA) IV-21
• 9. Albert Seitz GmbH Zahnrad- Und Getriebebau (Germany) IV-23
• 10. Albion Automotive Ltd. (UK) IV-24
• 11. Alfred Thurrauch GmbH & Co. (Germany) IV-24
• 12. All Pulley & Gear Developments Ltd. (UK) IV-25
• 13. Alpha Getriebebau GmbH (Germany) IV-25
• 14. Amarillo Gear Company (USA) IV-26
• 15. American Precision Gear Co., Inc. (USA) IV-29
• 16. Ameridrives International (USA) IV-30
• 17. AMT Schmid GmbH & Co. KG - Auto Move Technologies (Germany) IV-33
• 18. Amtek Auto Ltd. (India) IV-34
• 19. Apple Rochester Gears (UK) IV-35
• 20. Archerfield Precision Engineering Pty., Ltd. (Australia) IV-35
• 21. Arvinmeritor, Inc. (USA) IV-36
• Table 85: Half Yearly Sales Analysis: 2005-2006 (H1)(In US$ billion) IV-39
• Table 86: Half Yearly Sales Analysis by Quarter:2005-2006 (H1) (In US$ billion) IV-39
• Table 87: Half Yearly Sales Analysis by BusinessSegment: 2005-2006 (H1) (In US$ billion) IV-39
• Table 88: Annual Sales Analysis: 2004-2005(In US$ billion) IV-39
• Table 89: Annual Sales Analysis by BusinessSegment: 2004-2005 (In US$ billion) IV-39
• Table 90: Annual Sales Analysis by GeographicRegion: 2004-2005 (In US$ billion) IV-40
• Table 91: Annual Sales Analysis by Quarter:2004-2005 (In US$ billion) IV-40
• 22. ATA Gears Oy (Finland) IV-47
• 23. Atek Antriebstechnik Willi Glapiak GmbH (Germany) IV-48
• 24. Ateliers R. Laumonier (France) IV-48
• 25. Atlanta Zahnrad-Und Werkzeugfabrik Eugen Seidenspinner GmbH & Co. (Germany) IV-49
• 26. Atlas Gear Co. (USA) IV-49
• 27. Attrezzature Zeta-Fpa Srl (Italy) IV-50
• 28. Auburn Gear, Inc. (USA) IV-51
• 29. Auma Werner Riester GmbH & Co. KG Armaturen- Und Maschinenantriebe (Germany) IV-52
• GFC Getriebefabrik Coswig GmbH (Germany) IV-54
• 30. Auto Gear (India) IV-56
• 31. Axmell Pty., Ltd. (Australia) IV-57
• 32. B. Ketterer Sohne GmbH & Co. KG (Germany) IV-58
• 33. Baldor Electric Company (USA) IV-59
• Table 92: Annual Sales Analysis: 2004-2005(In £ million) IV-59
• Baldor ASR AG (Switzerland) IV-62
• Baldor UK Ltd. (UK) IV-63
• 34. Barani & Panini Srl (Italy) IV-64
• 35. Bass Antriebstechnik GmbH (Germany) IV-64
• 36. Beard & Fitch Ltd. (UK) IV-65
• 37. Bege Aandrijftechniek BV (The Netherlands) IV-65
• 38. Bell Gears Ltd. (UK) IV-66
• 39. Bendix Commercial Vehicle Systems (USA) IV-67
• 40. Bernasconi Ingranaggi Srl (Italy) IV-70
• 41. Bharat Gears Ltd. (India) IV-71
• Table 93: Annual Sales Analysis: 2004-2005(In INR million) IV-71
• 42. BHS Getriebe GmbH (Germany) IV-72
• 43. Bierens Machinefabrieken (The Netherlands) IV-72
• 44. Bison Gear And Engineering Corporation (USA) IV-73
• 45. Bj-Gear A/S (Denmark) IV-74
• Trabjerg A/S (Denmark) IV-75
• 46. Blom Tandwielen BV (The Netherlands) IV-76
• 47. BMT Aerospace (Belgium) IV-77
• 48. Bonfiglioli SpA (Italy) IV-78
• Tecnoingranaggi SAS (Italy) IV-79
• Bonfiglioli Canada, Inc. (Canada) IV-79
• Bonfiglioli Transmission (Australia) IV-80
• 49. Borg-Warner Automotive, Inc. (USA) IV-81
• Table 94: Half Yearly Sales Analysis: 2005-2006 (H1)(In US$ million) IV-83
• Table 95: Annual Sales Analysis: 2004-2005(In US$ million) IV-83
• Table 96: Annual Sales Analysis by Quarter:2004-2005 (In US$ million) IV-83
• Table 97: Annual Sales Analysis by BusinessSegment: 2004-2005 (In US$ million) IV-83
• Table 98: Annual Sales Analysis by GeographicRegion: 2004-2005 (In US$ million) IV-84
• 50. Borlin-Getriebe-Bau GmbH (Switzerland) IV-87
• 51. Bosch Rexroth AG (Germany) IV-88
• 52. Boston Gear (USA) IV-94
• 53. BP Riduttori Srl (Italy) IV-96
• 54. Brampton Renold SA (France) IV-96
• 55. Brauer Maschinentechnik AG (Germany) IV-97
• 56. Bremer Zahnrad-Und Maschinenbautechnik GmbH(Germany) IV-98
• 57. Brevini Riduttori SpA (Italy) IV-99
• Brevini USA, Inc. (USA) IV-99
• PIV Drives GmbH (Germany) IV-100
• 58. Brooks Ltd. (UK) IV-101
• Compact Orbital Gears Ltd. (UK) IV-101
• 59. Brown Group Ltd. (UK) IV-102
• 60. Brusselle Marine Industries NV (Belgium) IV-102
• 61. Buffalo Gear, Inc. (USA) IV-103
• 62. Burger Industriewerk GmbH & Co., KG (Germany) IV-103
• 63. Burman Hi-Ton, Ltd. (UK) IV-104
• 64. C & F Millier Ltd. (UK) IV-105
• 65. C T P Davall Scotland Ltd. (UK) IV-105
• 66. Cannings Gear & Transmission Ltd. (New Zealand) IV-106
• 67. Capstan, Inc. (USA) IV-107
• 68. Carl Bockwoldt GmbH & Co. KG Getriebemotorenwerk (Germany) IV-107
• 69. Carl Rehfuss GmbH + Co., KG (Germany) IV-108
• 70. Casagrande Ingranaggi SpA (Italy) IV-108
• 71. Caterpillar, Inc. (USA) IV-109
• Table 99: Nine Months Sales Analysis: 2005-2006(Nine Months Ended, September) (In US$ million) IV-110
• Table 100: Annual Sales Analysis: 2004-2005(In US$ million) IV-110
• 72. Cattini & Figlio Srl (Italy) IV-118
• 73. Centa Transmissions Ltd. (UK) IV-119
• 74. Changzhou Feitian Group Corporation (China) IV-120
• 75. Charles Leek & Sons Ltd. (UK) IV-121
• 76. Chiaravalli Trasmissioni SpA (Italy) IV-122
• 77. Choksi Group (India) IV-123
• 78. Cincinnati Gear Co. (USA) IV-124
• 79. Cleveland Gear (USA) IV-125
• 80. Cloyes Gear & Products, Inc. (USA) IV-126
• 81. Colfax Corporation (USA) IV-127
• 82. Colledge & Morley (Gears) Ltd. (UK) IV-129
• 83. Colsalake Ltd. (UK) IV-129
• 84. Comer Industries SpA (Italy) IV-130
• 85. Comercial De Transmisiones SA (Spain) IV-131
• 86. Compagnie Engrenages Et Reducteurs Messian Durand(France) IV-132
• 87. Componenta Albin AB (Sweden) IV-133
• 88. Consysta Automation GmbH (Germany) IV-134
• 89. Cotta Transmission Company (USA) IV-136
• 90. Crest Geartech Pvt., Ltd. (India) IV-137
• 91. Cross & Morse (UK) IV-137
• 92. Crown Power Train Srl (Italy) IV-138
• 93. Curtis Machine Co. (USA) IV-138
• 94. Curtiss-Wright Antriebstechnik GmbH (Switzerland) IV-139
• 95. Dana Corporation (USA) IV-140
• Table 101: First Quarter Sales Analysis: 2005-2006(In US$ million) IV-141
• Table 102: First Quarter Sales Analysis by Segment:2005-2006 (In US$ million) IV-142
• Table 103: First Quarter Sales Analysis by Geographic Region: 2005-2006 (In US$ million) IV-142
• Table 104: Annual Sales Analysis: 2004-2005(In US$ million) IV-142
• Table 105: Annual Sales Analysis by Quarter:2004-2005 (In US$ million) IV-142
• Table 106: Annual Sales Analysis by Segment:2004-2005 (In US$ million) IV-142
• Table 107: Annual Sales Analysis by GeographicRegion: 2004-2005 (In US$ million) IV-143
• Dana Holdings Mexico, S. de R.L. de C.V. (Mexico) IV-150
• 96. Danfoss Group (USA) IV-151
• Danfoss GmbH (Germany) IV-154
• Danfoss Ltd. (UK) IV-154
• 97. Davall Gears (UK) IV-155
• 98. Delphi Automotive Systems LLC (USA) IV-156
• 99. Depe Gear Co. Ltd. (UK) IV-156
• 100. Desmi AS (Denmark) IV-157
• Table 108: Annual Sales Analysis: 2004-2005(In DKK thousands) IV-157
• 101. DF Coppie Coniche Srl (Italy) IV-159
• 102. Didimo Zanetti SpA (Italy) IV-159
• 103. Dr. W. Ostermann DOB-Getriebebau GmbH & Co.(Germany) IV-160
• 104. Dragon Precision Tools Co., Ltd. (Korea) IV-160
• 105. Dublin Gear Co., Ltd. (Ireland) IV-161
• 106. Eaton Corporation (USA) IV-162
• Table 109: Half Yearly Sales Analysis:2005-2006 (H1) (In US$ million) IV-163
• Table 110: Half Yearly Sales Analysis by Quarter:2005-2006 (H1) (In US$ million) IV-164
• Table 111: Half Yearly Sales Analysis by Segment:2005-2006 (H1) (In US$ million) IV-164
• Table 112: Annual Sales Analysis: 2004-2005(In US$ million) IV-164
• Table 113: Annual Sales Analysis by Quarter:2004-2005 (In US$ million) IV-164
• Table 114: Annual Sales Analysis by Segment:2004-2005 (In US$ million) IV-164
• Table 115: Annual Sales Analysis by GeographicRegion: 2004-2005 (In US$ million) IV-165
• 107. Eicher Ltd. (India) IV-170
• 108. Eickhoff Maschinenfabrik GmbH (Germany) IV-174
• 109. Elecon Engineering Co., Ltd. (India) IV-175
• 110. Elitex Ok Sro Ltd. (Czech Republic) IV-176
• 111. Elmo Motion Control GmbH (Germany) IV-177
• 112. Elmrad Engineering Company Pvt., Ltd. (India) IV-180
• 113. Emilingranaggi Srl (Italy) IV-181
• 114. Engranajes Especiales SA (SPIROIDE) (Spain) IV-181
• 115. Engranajes Grindel SAL (Spain) IV-182
• 116. Engranajes Juaristi SL (Spain) IV-182
• 117. Esjot Antriebstechnik GmbH (Germany) IV-183
• 118. ESL Engineers (Basildon) Ltd. (UK) IV-183
• 119. ETS Lafond (France) IV-184
• 120. Euroricambi SpA (Italy) IV-184
• 121. Excellence Gear Co., Ltd. (Taiwan) IV-185
• 122. Fabco Automotive Corporation (USA) IV-185
• 123. Fairfield Manufacturing Company, Inc. (USA) IV-186
• 124. Falk Corporation (USA) IV-187
• 125. Fellows International (India) IV-188
• 126. Flender Corporation (USA) IV-189
• Flender Ibérica SA (Spain) IV-190
• Flender-Graffenstaden (France) IV-191
• Flender Tübingen GmbH (Germany) IV-191
• 127. Focus Dynamics (UK) IV-192
• 128. Ford Motor Company (USA) IV-193
• Table 116: Half Yearly Sales Analysis:2005-2006 (H1) (In US$ billion) IV-194
• Table 117: Half Yearly Sales Analysis by Quarter:2005-2006 (H1) (In US$ billion) IV-194
• Table 118: Annual Sales Analysis: 2004-2005(In US$ billion) IV-194
• Table 119: Annual Sales Analysis by Segment:2004-2005 (In US$ billion) IV-195
• Table 120: Annual Sales Analysis by GeographicRegion: 2004-2005 (In US$ billion) IV-195
• 129. Forward Industrial Products Group Ltd. (UK) IV-199
• 130. Franz Morat KG (GmbH & Co.) Antriebs- Und Zahnradtechnik (Germany) IV-202
• 131. Fuji Electric Holdings Co., Ltd. (Japan) IV-203
• Table 121: Half Yearly Sales Analysis:2006-2007 (H1) (In ¥ billion) IV-204
• Table 122: Annual Sales Analysis by Segment:2006-2007 (H1) (In ¥ billion) IV-204
• Table 123: Annual Sales Analysis: 2004-2006(In ¥ billion) IV-204
• Table 124: Annual Sales Analysis by Segment:2005-2006 (In ¥ billion) IV-205
• 132. G. Elli Riduttori Seites SpA (Italy) IV-207
• 133. G. J. Bohnenstiel GmbH (Germany) IV-207
• 134. Gajra Gears Ltd. (India) IV-208
• 135. Gambini Meccanica Srl (Italy) IV-208
• 136. Gaw Getriebe- Und Antriebstechnik Wernigerode GmbH (Germany) IV-209
• 137. Gazzoni Napoleone & Figli Srl (Italy) IV-209
• 138. Gears And Drive Systems, Inc. (USA) IV-210
• 139. Gears & Gear Drives (India) IV-212
• 140. Gears & Pinions Pvt., Ltd. (India) IV-212
• 141. Gelamur SA (France) IV-213
• 142. General Electric Company (USA) IV-214
• Table 125: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, September) (In US$ billion) IV-217
• Table 126: Nine Moths Sales Analysis by Segment: 2005-2006 (Nine Months Ended, September)(In US$ billion) IV-217
• Table 127: Annual Sales Analysis: 2004-2005(In US$ billion) IV-217
• Table 128: Annual Sales Analysis by Segment:2004-2005 (In US$ billion) IV-217
• GE Fanuc Automation, Inc. (USA) IV-233
• 143. General Motors Corporation (USA) IV-237
• Table 129: Half Yearly Sales Analysis: 2005-2006 (H1) (In US$ billion) IV-238
• Table 130: Half Yearly Sales Analysis by Segment: 2005-2006 (H1) (In US$ billion) IV-238
• Table 131: Annual Sales Analysis: 200-2005 (In US$ billion) IV-238
• Table 132: Annual Sales Analysis by Quarter: 2004-2005 (In US$ billion) IV-238
• Table 133: Annual Sales Analysis by Segment: 2004-2005 (In US$ billion) IV-238
• Table 134: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ billion) IV-239
• GM Powertrain (USA) IV-247
• 144. Geo Kingsbury Machine Tools (UK) IV-248
• 145. Getrag Corporate Group (Germany) IV-249
• Getrag Ford Transmissions GmbH (Germany) IV-251
• 146. Getriebebau Nord GmbH & Co., KG. (Germany) IV-252
• 147. Getriebewerk Pirna GmbH (Germany) IV-252
• 148. Ghiringhelli Srl (Italy) IV-252
• 149. Gibbs Gears Precision Engineers Ltd. (UK) IV-253
• 150. Girard Transmissions SAS (France) IV-253
• 151. GKN Plc (UK) IV-254
• Table 135: Annual Sales Analysis: 2004-2005 (In £ billion) IV-257
• Table 136: Annual Sales Analysis by Segment: 2004-2005 (In £ billion) IV-257
• Table 137: Annual Sales Analysis by Geographic Region: 2004-2005 (In £ billion) IV-257
• GKN Automotive International GmbH (Germany) IV-260
• GKN Sinter Metals (USA) IV-260
• 152. Gleason Corporation (USA) IV-262
• Gleason-M&M Precision Systems Corporation (USA) IV-265
• 153. Gong Yuan Machinery Ind Co., Ltd. (Taiwan) IV-266
• 154. Goodrick Gear Co., Ltd. IV-266
• 155. Gould Pulleys & Drives Ltd. (UK) IV-267
• 156. Graessner GmbH Antriebstechnik (Germany) IV-268
• 157. Graziano Trasmissioni SpA (Italy) IV-269
• Graziano Trasmissioni North America (USA) IV-270
• 158. Grupos Diferenciales SA (Spain) IV-271
• 159. Gudel AG (Switzerland) IV-272
• Gudel GmbH (Germany) IV-276
• Gudel Lineartec UK Ltd. (UK) IV-276
• 160. Gustav Rurup & Sohne Zahnradfabrik GmbH (Germany) IV-277
• 161. Hagmann Zahnradfabrik GmbH (Germany) IV-277
• 162. Haley Marine Gears International, Inc. (USA) IV-278
• 163. Halstrup-Walcher GmbH (Germany) IV-279
• 164. Hankamp Gears BV (The Netherlands) IV-279
• 165. Hans Haugg Antriebstechnik GmbH + Co., KG. (Germany) IV-280
• 166. Hans Scharpegge GmbH (Germany) IV-281
• 167. Hardman Bros Pty., Ltd. (Australia) IV-281
• 168. Harmonic Drive AG (Germany) IV-281
• 169. Hausmann + Haensgen GmbH & Co., KG. (Germany) IV-282
• 170. Harmonic Drive LLC (USA) IV-283
• 171. Heason Technologies Group Limited (UK) IV-284
• 172. Heidolph Elektro GmbH & Co., KG. (Germany) IV-285
• 173. Hero Tandhjul A/S (Denmark) IV-285
• 174. Hewitt & Topham Ltd. (UK) IV-286
• 175. Hilba Antriebstechnik AG (Switzerland) IV-287
• 176. Hindle Gears (UK) IV-287
• 177. Holroyd (UK) IV-288
• 178. Honda Transmission Mfg. Of America (USA) IV-288
• 179. Honeywell International, Inc. (USA) IV-289
• Table 138: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, September) (In US$ million) IV-291
• Table 139: Annual Sales Analysis: 2004-2005 (In US$ million) IV-291
• Table 140: Annual Sales Analysis by Quarter: 2004-2005 (In US$ million) IV-291
• Table 141: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-291
• Table 142: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ million) IV-292
• 180. Horsburgh & Scott Co. (USA) IV-301
• 181. Hub City, Inc. (USA) IV-301
• 182. Huco Engineering Industries Ltd. (UK) IV-302
• 183. Hueber Getriebebau GmbH (Germany) IV-303
• 184. Huima Specials BV (The Netherlands) IV-303
• 185. Ilmberger Maschinen- Und Zahnradfabrik GmbH (Germany) IV-304
• 186. IMO Antriebseinheit GmbH (Germany) IV-305
• 187. IMS Gear GmbH Niederlassung In Donaueschingen (Germany) IV-305
• 188. Indiana Power Transmission Systems, Inc. (USA) IV-306
• 189. Indur Antriebstechnik AG (Switzerland) IV-306
• 190. Industrial Gear Corporation (India) IV-307
• 191. Industrias Alga SA (Spain) IV-307
• 192. Industrias Metalurgicas Del Engranaje SL (Spain) IV-308
• 193. Industrias Yuk SA (Spain) IV-308
• 194. Infranor Ltd. (UK) IV-309
• 195. Ingra-Mec Srl (Italy) IV-309
• 196. Ingranaggi Baiocchi Srl (Italy) IV-309
• 197. Inkoma-Maschinenbau GmbH (Germany) IV-310
• 198. Inrada Group (The Netherlands) IV-311
• 199. Intech Corporation (USA) IV-312
• 200. Intermet Corporation (USA) IV-313
• 201. International Combustion (India) Ltd. (India) IV-315
• 202. Invensys PLC (UK) IV-316
• Table 143: Annual Sales Analysis: 2004-2006 (In £ million) IV-318
• Table 144: Annual Sales Analysis by Segment: 2005-2006 (In £ million) IV-319
• Table 145: Annual Sales Analysis by Geographic Region: 2005-2006 (In £ million) IV-319
• 203. ISE Corporation (USA) IV-322
• 204. Iveco SpA (Italy) IV-323
• 205. J B Transmission Products (India) IV-325
• 206. J. Stehle + Söhne GmbH (Germany) IV-325
• 207. Jackson Precision Gear Services Ltd. (UK) IV-325
• 208. Jahnel-Kestermann Getriebewerke GmbH & Co., KG. (Germany) IV-326
• 209. Jatco Transtechnology Ltd. (Japan) IV-327
• 210. Joachim Uhing KG GmbH & Co. (Germany) IV-329
• 211. Johann Hay GmbH & Co., KG. Automobiltechnik (Germany) IV-330
• 212. Josef Henkenjohann GmbH (Germany) IV-330
• 213. JR Power Transmission Scotland Ltd. (UK) IV-331
• 214. Kaba Garog (UK) IV-332
• 215. Kaehlig Antriebstechnik GmbH (Germany) IV-333
• 216. Kalpana Gears Pvt., Ltd. (India) IV-334
• 217. Kanzaki Kokyukoki Mfg Co., Ltd. (Japan) IV-334
• 218. Katsa OY (Finland) IV-335
• 219. Kautz Zahnradfabrik GmbH (Germany) IV-336
• 220. Kawasaki Heavy Industries Ltd. (Japan) IV-337
• Table 146: Annual Sales Analysis: 2004-2006 (In ¥ billion) IV-339
• Table 147: Annual Sales Analysis by Segment: 2005-2006 (In ¥ billion) IV-340
• Table 148: Annual Sales Analysis by Geographic Region: 2005-2006 (In ¥ billion) IV-340
• 221. Kelston Precision Gears (UK) IV-343
• 222. Kessler & Co. GmbH & Co., KG. (Germany) IV-344
• 223. Ketten-Theiss GmbH (Germany) IV-345
• 224. Kingsway Engineering Group (UK) IV-346
• 225. Kirchgeorg Werkzeugmaschinen GmbH (Germany) IV-347
• 226. Kirloskar Pneumatic Co., Ltd. (India) IV-347
• 227. Kitchener Gear Ltd. (Canada) IV-348
• 228. Kleiss Gears, Inc. (USA) IV-348
• 229. Klingelnberg AG (Switzerland) IV-349
• 230. Koizer Ind Co., Ltd. (Taiwan) IV-350
• 231. Kongsberg Automotive ASA (Norway) IV-351
• 232. Kordel Antriebstechnik GmbH (Germany) IV-352
• 233. Kownatzki Ohg Zahnrad- Und Getriebefabrik (Germany) IV-352
• 234. Koyo Seiko Co., Ltd. (Japan) IV-353
• Table 149: Annual Sales Analysis: 2004-2005 (In ¥ billion) IV-353
• 235. Kremp-Wetzlar Präzisionszahnräder Christian Kremp Gmbh + Co., KG. (Germany) IV-357
• 236. Kumera Antriebstechnik GmbH (Austria) IV-357
• 237. Kumera Drives OY (Finland) IV-358
• 238. Kutz & Schulze Zahnrad-Fabrik GmbH & CO., KG. (Germany) IV-359
• 239. Kyungin Precision Machinery Co., Ltd. (Korea) IV-360
• 240. L. Kissling & Co., AG (Switzerland) IV-361
• 241. Lamond & Murray Ltd. (UK) IV-362
• 242. Lancereal Ltd. (UK) IV-362
• 243. Lenze AG (Germany) IV-363
• Lenze Transmisiones SA (Spain) IV-365
• 244. Leroy Somer Ltd. (UK) IV-366
• 245. Licat Ingranaggi Srl (Italy) IV-366
• 246. Linn Gear Company (USA) IV-367
• 247. Llewellin' s Gears (UK) IV-368
• 248. London Bearings Kent Ltd. (UK) IV-368
• 249. Longford Gear Cutting Co., Ltd. (UK) IV-369
• 250. Lufkin France SA (France) IV-369
• 251. M C Watteeuw NV (Belgium) IV-370
• 252. M. G. MiniGears SpA (Italy) IV-370
• 253. Maag Gear AG (Switzerland) IV-371
• 254. Madaula SA (Spain) IV-371
• 255. Magna International, Inc. (Canada) IV-372
• Table 150: First Quarter Sales Analysis: 2005-2006 (In US$ billion) IV-373
• Table 151: First Quarter Sales Analysis by Segment: 2005-2006 (In US$ billion) IV-373
• Table 152: First Quarter Sales Analysis by
• Geographic Region: 2005-2006 (In US$ billion) IV-374
• Table 153: Annual Sales Analysis: 2004-2005 (In US$ billion) IV-374
• Table 154: Annual Sales Analysis by Quarter: 2004-2005 (In US$ billion) IV-374
• Table 155: Annual Sales Analysis by Product: 2004-2005 (In US$ billion) IV-374
• Table 156: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ billion) IV-375
• 256. Magnetek, Inc. (USA) IV-380
• Table 157: Annual Sales Analysis: 2004-2006 (In US$ million) IV-380
• 257. Maina Organi Di Trasmissione SpA (Italy) IV-383
• 258. Maschinen Und Antriebstechnik Hubert Flamang GmbH and Co. KG (Germany) IV-384
• 259. Mattioli Snc (Italy) IV-384
• 260. Meldon Gears (1967) Ltd. (UK) IV-385
• 261. Mercury Bearings Ltd. (UK) IV-385
• 262. Metso Drives OY (Finland) IV-386
• 263. Micro Clutch Developments Ltd. (UK) IV-390
• 264. Micro Precision Limited (UK) IV-390
• 265. Mijno Et Fils SA (France) IV-391
• 266. Mini Gears (Stockport) Ltd. (UK) IV-391
• 267. Minimotor SA (Switzerland) IV-392
• 268. Mitec Automotive AG (Germany) IV-393
• 269. Mitsubishi Electric Automotive America, Inc. (USA) IV-394
• 270. Moore International Ltd. (UK) IV-395
• 271. Motion Control Products Ltd. (UK) IV-397
• 272. Motovario SpA (Italy) IV-398
• 273. NDE Pitchline Transmissions Ltd. (UK) IV-399
• 274. Neue ZWL Zahnradwerk Leipzig GmbH (Germany) IV-400
• 275. Neugart GmbH (Germany) IV-401
• 276. Newmont Engineering Co., Ltd. (UK) IV-401
• 277. Niagara Gear Corporation (USA) IV-402
• 278. Niebuhr Tandhjulsfabrik A/S (Denmark) IV-402
• 279. Nissan Motor Co., Ltd. (Japan) IV-403
• Table 158: Annual Sales Analysis: 2004-2005 (In ¥ trillion) IV-403
• 280. Nixon Gear, Inc. (USA) IV-407
• 281. Nord Gear Corporation (USA) IV-408
• Nord Gear Danmark A/S (Denmark) IV-408
• Nord Engrenages (France) IV-409
• 282. Northern Tool & Gear Co., Ltd. (UK) IV-410
• 283. Novogear Spol SRO (Czech Republic) IV-410
• 284. Nozag Sarl (France) IV-410
• 285. NSK Corporation (USA) IV-411
• 286. Nuova Ruote Dentate Srl (Italy) IV-411
• 287. O.T.I Srl (Italy) IV-412
• 288. O' Brien Gear Co. (USA) IV-412
• 289. OEM Dynamics Pty., Ltd. (Australia) IV-413
• 290. Oliver Gear, Inc. (USA) IV-413
• 291. OMI Beraldo Srl (Italy) IV-414
• 292. Opperman Mastergear Ltd. (England) IV-414
• 293. Ortlinghaus GmbH Gams (Switzerland) IV-414
• 294. OTM Servo Mechanism Ltd. (UK) IV-415
• 295. Otto Suhner GmbH (Germany) IV-416
• 296. P.C.M. Trasmission Meccaniche Srl (Italy) IV-417
• 297. Parazza Srl (Italy) IV-418
• 298. Paul Pilgrim GmbH & CO., KG. (Germany) IV-418
• 299. Pekrun Getriebebau GmbH (Germany) IV-419
• 300. Planetroll GmbH & Co., KG (Germany) IV-419
• 301. Power Jacks Ltd. (UK) IV-420
• 302. Powertronic Drive Systems (UK) IV-422
• 303. Precipart Corporation (USA) IV-423
• 304. Precision Gears, Inc. (USA) IV-423
• 305. Precision Technologies International Ltd. (UK) IV-424
• 306. Premier Automobiles Ltd. (India) IV-424
• 307. Production Parts Pty., Ltd. (Australia) IV-425
• 308. Pulsgetriebe Dipl. ING. W. & J. PULS GmbH & Co. (Germany) IV-426
• 309. Punjab Bevel Gears Ltd. (India) IV-427
• 310. PWB Anchor Pty., Ltd. (Australia) IV-428
• 311. Raelca Srl (Italy) IV-428
• 312. Rebax Zerspanungstechnik GmbH & CO., KG. (Germany) IV-428
• 313. Regal-Beloit Corporation (USA) IV-429
• Table 159: Half Yearly Sales Analysis: 2005-2006 (H1) (In US$ million) IV-430
• Table 160: Half Yearly Sales Analysis by Segment: 2005-2006 (H1) (In US$ million) IV-430
• Table 161: Annual Sales Analysis by Segment: 2004-2005 (In US$ million) IV-430
• Foote-Jones Illinois Gear (USA) IV-433
• 314. Reggiana Riduttori Srl (Italy) IV-434
• 315. Reid Gear Company Ltd. (UK) IV-435
• 316. Reliance Precision Limited (UK) IV-436
• 317. Remy Barrere Gears SA (France) IV-436
• 318. Renault Nissan Deutschland AG (Germany) IV-437
• 319. Renk Aktiengesellschaft (Germany) IV-438
• 320. Renold PLC (UK) IV-439
• Table 162: Half Yearly Sales Analysis: 2005-2006 (H1) (In £ million) IV-440
• Table 163: Half Yearly Sales Analysis by Business Segment: 2005-2006 (H1) (In £ million) IV-440
• Table 164: Half Yearly Sales Analysis by Geographic Region: 2005-2006 (H1) (In £ million) IV-441
• Table 165: Annual Sales Analysis: 2004-2005 (In £ million) IV-441
• Table 166: Annual Sales Analysis by Business Segment: 2004-2005 (In £ million) IV-441
• Table 167: Annual Sales Analysis by Geographic Region: 2004-2005 (In £ million) IV-441
• Renold Australia Pty., Ltd. (Australia) IV-442
• Renold New Zealand Ltd. (New Zealand) IV-444
• 321. Rexnord Industries, Inc. (USA) IV-445
• 322. Rhein-Getriebe GmbH (Germany) IV-446
• 323. Richard Welter Maschinen-Und Zahnradfabrik GmbH (Germany) IV-447
• 324. Ringhoffer Verzahnungstechnik GmbH & CO., KG. (Germany) IV-448
• 325. Robert Bosch GmbH (Germany) IV-448
• 326. Robert Grieshaber GmbH & CO., KG (Germany) IV-449
• 327. Rochester Gear, Inc. (USA) IV-449
• 328. Rockwell Automation (USA) IV-450
• Table 168: Nine Months Sales Analysis: 2005-2006 (Nine Months Ended, June) (In US$ billion) IV-451
• Table 169: Nine Months Sales Analysis by Quarter: 2005-2006 (Nine Months Ended, June) (In US$ billion) IV-451
• Table 170: Annual Sales Analysis: 2004-2005 (In US$ billion) IV-451
• Table 171: Annual Sales Analysis by Quarter: 2004-2005 (In US$ billion) IV-451
• Table 172: Annual Sales Analysis by Segment: 2004-2005 (In US$ billion) IV-451
• Table 173: Annual Sales Analysis by Geographic Region: 2004-2005 (In US$ billion) IV-452
• 329. Rolla Microgear AG (Switzerland) IV-458
• 330. Rollstar AG (Switzerland) IV-459
• 331. Ronson Gears Pty., Ltd. (Australia) IV-459
• 332. Roop Group Of Companies (India) IV-460
• 333. Rossi Gearmotors Ltd. (UK) IV-461
• 334. Rotax Zahnrad Und Getriebefabrik GmbH (Germany) IV-461
• 335. Roy Charles Gears Ltd. (UK) IV-462
• 336. Ruhrgetriebe KG H. Pferdmenges (Germany) IV-462
• 337. S.H. Muffett Ltd. (UK) IV-463
• 338. Saalfelder Zahnradfabrik GmbH (Germany) IV-463
• 339. Sadhu Forging Ltd. (India) IV-464
• 340. Sampingranaggi Srl (Italy) IV-464
• 341. Samyang Reduction Gear Co., Ltd. (Korea) IV-465
• 342. San Engineering and Locomotives Company Ltd. (India) IV-465
• 343. Sanken Electric Co., Ltd. (Japan) IV-466
• Table 174: Annual Sales Analysis: 2004-2006 (In ¥ billion) IV-467
• Table 175: Annual Sales Analysis by Segment: 2005-2006 (In ¥ billion) IV-467
• Table 176: Annual Sale