Flender/Flender Gear Units/Bevel-helical gearboxes B4
sment of the global market for gears Estimated world consumption of vehicle, industrial, aerospace, and marine gearing, measured in terms

of .. dollars, rose sharply during 1-8, but experienced only moderate growth when measured in national currencies. During 1-8, the

Commission' estimate of world consumption of vehicle, industrial, aerospace, and marine gearing, in terms of .. dollars, increased from $2

billion to $2 billion in 1 to $4 billion to $4 billion in 1. However, if these measurements utilized national

currencies that have appreciated against the dollar, the change in production and consumption would be considerably smaller. For example, during 1-8, production of gearing in West Germany increased by 1 percent as measured in .. dollars, but production as measured in Deutsche marks rose by 2 percent (. 3-. . xiv Motor vehick gearing represents more than 6 percent of world production and consumption of gears and gear products; the remainder is accounted for by industrial, aerospace, and marine gearing. The United States was principal supplier to all markets, except marine gearing. The Largest producers and consumers of vehicle gearing are those countries that have the most significant automotive industries, namely the EC countries, the United States, Japan, and Canada. Korea was significant producer and consumer, although imports account for an important, but decreasing, part of its total needs. West Germany, the United States, and Japan are the world' largest sources and markets for industrial gearing. The United States is not only the single largest producer of aerospace gearing, but the largest individual market as well (. 3-. During 1-8, world capacity in the gear industry grew in most countries. The number of facilities and investment in new machinery increased, especially during 1-8, as the world economic situation improved. This was particularly true in newly industrialized countries; during 1-8, domestic shipments o