Press Resease

Industrial Gearbox Market by Type (Planetary, Helical, Bevel, Spur, Worm, and Others), by Design (Parallel Axis, Angular Axis, and Others), and by End-User (Food and Beverages, Wind Power, Construction, Marine, Agriculture, Automotive, and Others): Global End-User Perspective, Comprehensive Analysis, and Forecast, 2018 - 2024

Published Date: 31-Oct-2018 Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-3491 Status : Published

Global industrial gearbox market expected to generate revenue of around USD 29.20 billion by the end of 2024, growing at a CAGR of around 14.25% between 2018 and 2024. Rapid developments in industrial automation are driving the expansion of industrial gearbox market. This is followed by the adoption of AI and robots in all the organizations and industrial sectors across the globe.

Description

The report covers forecast and analysis for the industrial gearbox market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the industrial gearbox market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the industrial gearbox market on a global level.

In order to give the users of this report a comprehensive view on the industrial gearbox market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, design, and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Industrial Gearbox Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis and the product portfolio of various companies according to the region.

The study provides a decisive view on the industrial gearbox market by segmenting the market based on type, design, end-user, and region. All the segments have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation includes demand for industrial gearbox market based on all segments in all the regions and countries.

The report also includes detailed profiles of end players such as GearTech, Inc., (United Stars, Inc.), Klingelnberg GmbH, Inc. Essential Power Transmission Pvt. Ltd., Griffin Gear Inc., Precipart Corporation, Cleveland Gear Company, NORD drivesystems Pvt. Ltd., Allied Precision Gears Inc., SEW-Eurodrive, Renold Plc, and Ashoka Machine Tools Corporation.

This report segments the global industrial gearbox market as follows:

Global Industrial Gearbox Market: Type Segment Analysis

  • Planetary
  • Helical
  • Bevel
  • Spur
  • Worm
  • Other

Global Industrial Gearbox Market: Design Segment Analysis

  • Parallel Axis
  • Angular Axis
  • Others

Global Industrial Gearbox Market:  End-User Segment Analysis

  • Food and Beverages
  • Wind power
  • Construction
  • Marine
  • Agriculture
  • Automotive
  • Others

Global Industrial Gearbox Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Industrial Gearbox Market, 2015 - 2024 (USD Billion)
    • 2.2. Global Industrial Gearbox Market: snapshot
  •  
  • Chapter 3. Global Industrial Gearbox Market- Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Industrial Gearbox Market drivers: impact analysis
      • 3.2.2. Growing adoption of industrial automation across various industries
      • 3.3. Market Restraints
      • 3.3.1. Global Industrial Gearbox Market restraints: impact analysis
      • 3.3.2. Technical difficulties while operation
    • 3.4. Opportunities
      • 3.4.1. Increasing installation of gearboxes in renewable generation,
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by typesegment
      • 3.6.2. Market attractiveness analysis, by design segment
      • 3.6.3. Market attractiveness analysis, by End-Usersegment
      • 3.6.4. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Industrial Gearbox Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Industrial Gearbox Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Global Industrial Gearbox Market- Type Segment Analysis
    • 5.1. Global Industrial Gearbox Market: typeoverview
      • 5.1.1. Global Industrial Gearbox Marketrevenue share, by type, 2017 and 2024
    • 5.2. Planetary
      • 5.2.1. Global Industrial Gearbox Market for in planetary market, 2015 - 2024 (USD Billion)
    • 5.3. Helical
      • 5.3.1. Global Industrial Gearbox Market forhelical market, 2015 - 2024 (USD Billion)
    • 5.4. Bevel
      • 5.4.1. Global Industrial Gearbox Market for bevel market, 2015 - 2024 (USD Billion)
    • 5.5. Spur
      • 5.5.1. Global Industrial Gearbox Market for spurmarket, 2015 - 2024 (USD Billion)
    • 5.6. Worm
      • 5.6.1. Global Industrial Gearbox Market for worm market, 2015 - 2024 (USD Billion)
  •  
  • Chapter 6. Global Industrial Gearbox Market- MaterialType Segment Analysis
    • 6.1. Global Industrial Gearbox Market: design overview
      • 6.1.1. Global Industrial Gearbox Marketrevenue share, by design, 2017 and 2024
    • 6.2. Parallel Axis
      • 6.2.1. Global Industrial Gearbox Market for parallel axis market, 2015 - 2024 (USD Billion)
    • 6.3. Angular Axis
      • 6.3.1. Global Industrial Gearbox Market forangular axis market, 2015 - 2024 (USD Billion)
    • 6.4. Others
      • 6.4.1. Global Industrial Gearbox Market forothers market, 2015 - 2024 (USD Billion)
  •  
  • Chapter 7. Global Industrial Gearbox Market- End-User Segment Analysis
    • 7.1. Global Industrial Gearbox Market: End-User overview
      • 7.1.1. Global Industrial Gearbox Market revenue share, by End-User, 2017 and 2024
    • 7.2. Food and Beverages
      • 7.2.1. Global Industrial Gearbox Market for food and beverages market, 2015 - 2024 (USD Billion)
    • 7.3. Wind Power
      • 7.3.1. Global Industrial Gearbox Market for wind power market, 2015 - 2024 (USD Billion)
    • 7.4. Construction
      • 7.4.1. Global Industrial Gearbox Market for construction market, 2015 - 2024 (USD Billion)
    • 7.5. Marine
      • 7.5.1. Global Industrial Gearbox Market for the marine market, 2015 - 2024 (USD Billion)
    • 7.6. Agriculture
      • 7.6.1. Global Industrial Gearbox Market for agriculture market, 2015 - 2024 (USD Billion)
    • 7.7. Automotive
      • 7.7.1. Global Industrial Gearbox Market forautomotive market, 2015 - 2024 (USD Billion)
    • 7.8. Others
      • 7.8.1. Global Industrial Gearbox Market for others market, 2015 - 2024 (USD Billion)
  •  
  • Chapter 8. Global Industrial Gearbox Market- Regional Segment Analysis
    • 8.1. Global Industrial Gearbox Market: regional overview
      • 8.1.1. Global Industrial Gearbox Marketrevenue share, by region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. North AmericaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
      • 8.2.2. North AmericaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
      • 8.2.3. North AmericaIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.2.4. The U.S.
        • 8.2.4.1. The U.S. Industrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.2.4.2. The U.S.Industrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.2.4.3. The U.S.Industrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.2.5. Canada
        • 8.2.5.1. CanadaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.2.5.2. CanadaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.2.5.3. CanadaIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.2.6. Mexico
        • 8.2.6.1. MexicoIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.2.6.2. MexicoIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.2.6.3. MexicoIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Industrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
      • 8.3.2. Europe Industrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
      • 8.3.3. Europe Industrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.3.4. UK
        • 8.3.4.1. UKIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.4.2. UKIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.3.4.3. UKIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
        • 8.3.4.4. UKIndustrial Gearbox Marketrevenue, by vertical, 2015 - 2024 (USD Billion)
      • 8.3.5. Germany
        • 8.3.5.1. GermanyIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.5.2. GermanyIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.3.5.3. GermanyIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. FranceIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.6.2. FranceIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.3.6.3. FranceIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.3.7. Spain
        • 8.3.7.1. SpainIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.7.2. SpainIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.3.7.3. SpainIndustrial Gearbox Marketrevenue, by vertical, 2015 - 2024 (USD Billion)
      • 8.3.8. Russia
        • 8.3.8.1. RussiaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.8.2. RussiaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.3.8.3. RussiaIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.3.9. Italy
        • 8.3.9.1. ItalyIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.3.9.2. ItalyIndustrial Gearbox Market revenue, by design, 2015 - 2024 (USD Billion)
        • 8.3.9.3. ItalyIndustrial Gearbox Market revenue, by End-User, 2015 - 2024 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Industrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
      • 8.4.2. Asia Pacific Industrial Gearbox Marketrevenue, by materialType, 2015 - 2024(USD Billion)
      • 8.4.3. Asia Pacific Industrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.4.4. China
        • 8.4.4.1. China Industrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
        • 8.4.4.2. China Industrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
        • 8.4.4.3. China Industrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.4.5. Japan
        • 8.4.5.1. JapanIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
        • 8.4.5.2. JapanIndustrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
        • 8.4.5.3. JapanIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.4.6. India
        • 8.4.6.1. IndiaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
        • 8.4.6.2. IndiaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
        • 8.4.6.3. IndiaIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.4.7. Southeast Asia
        • 8.4.7.1. Southeast AsiaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
        • 8.4.7.2. Southeast AsiaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
        • 8.4.7.3. Southeast AsiaIndustrial Gearbox Marketrevenue, by End-User, 2015 - 2024 (USD Billion)
      • 8.4.8. Australia
        • 8.4.8.1. AustraliaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.4.8.2. AustraliaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.4.8.3. AustraliaIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.4.9. South Korea
        • 8.4.9.1. South KoreaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.4.9.2. South KoreaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.4.9.3. South KoreaIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin AmericaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
      • 8.5.2. Latin AmericaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
      • 8.5.3. Latin AmericaIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil Industrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
        • 8.5.4.2. Brazil Industrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
        • 8.5.4.3. Brazil Industrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Industrial Gearbox Marketrevenue, by Type, 2015 - 2024(USD Billion)
      • 8.6.2. The Middle East and Africa Industrial Gearbox Marketrevenue, by design, 2015 - 2024(USD Billion)
      • 8.6.3. The Middle East and Africa Industrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.6.4. GCC Countries
        • 8.6.4.1. GCC CountriesIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.6.4.2. GCC CountriesIndustrial Gearbox Marketrevenue, by design2015 - 2024 (USD Billion)
        • 8.6.4.3. GCC CountriesIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
      • 8.6.5. South Africa
        • 8.6.5.1. South AfricaIndustrial Gearbox Marketrevenue, by Type, 2015 - 2024 (USD Billion)
        • 8.6.5.2. South AfricaIndustrial Gearbox Marketrevenue, by design, 2015 - 2024 (USD Billion)
        • 8.6.5.3. South AfricaIndustrial Gearbox Marketrevenue, by End-User,2015 - 2024 (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. GearTech, Inc., (United Stars, Inc.)
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Klingelnberg GmbH, Inc.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Essential Power Transmission Pvt. Ltd.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Griffin Gear Inc.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Cleveland Gear Company
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Schneider Electric
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. NORD Drivesystems Pvt. Ltd.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Allied Precision Gears Inc.
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. SEW-Eurodrive, Renoldplc
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. Ashoka Machine Tools Corporation
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments

Methodology

Free Analysis

An industrial gearbox is a machine thatis required by various machine parts and components to function reliably and safely. As amatter of fact, the industrial gearbox acts as a mainstream component for every automobile or vehicle. Industrial gearboxes are also manufactured to control gear and torque of automobiles. Industrial gearbox is enclosed machinery equipment that mainly transmits mechanical energy to output devices. These gearboxes consist of a series of integrated gears enclosed in a system. Industrial gearboxes are used in a wide range of applications or purposes in a diverse range of devices. In simple words, industrial gearboxes simply transfer mechanical energy from one device to another by reducing the speed, thus increasing the torque.

Industrial gearbox market is experiencing the highest growth rate in developed as well as developing countries. Rapid growth in industrial automation is driving the growth of thismarket. Industrial automation can be defined as takingcontrol of machinery or any equipment with the help of technology,thereby increasing the output of any production followed by reducing the labor expenses and manpower. This has further encouraged the organizations to adopt robots and AI so that they can take control of the production process. This upsurge in industrial automation is happening globally. Robots and the automation equipment are generally used in manufacturing andautomotive,amongother industries. The growing demand to manufacture and produce robots in order to have precision in the production process is also propelling the growth of thismarket. The thought of cutting down labor costs and other expenses among organizations can only be achieved through the implementation of AI and robots. These factors are anticipated to substantially contribute towards the industrial gearbox market growth over the forecast period.

Global Industrial Gearbox Market
 
Based on type, the industrial gearbox market is segmented into helical,planetary, spur, bevel, worm, and others. On the basis of design, the industrial gearbox market is categorized into angular axis, parallel axis, and others. On the basis of end-user, thismarket is fragmented into food and beverages, wind power, construction, marine, agriculture, automotive, and others. 

The Asia Pacificregion is growing with the highest growth rate in the globalindustrial gearboxmarket. Theregion is expectedto continue its domination over the forecast period. The growth of this regional market is attributed to thehugeinvestmentsmade by the government and private organizations in material handling, wind power, construction,and metalandmining sectors. Countries such as Japan, China,and India are constantly making investments in developing automation. These factors are anticipated to further drive the industry growth in the region over the forecast period. Europe is predicted to have a substantial revenue share in the global industrial gearbox market. Withongoing technological advancements, the organizations in thisregion are adopting AI robots in order to cut down labor expenses and focus on improvingproduction efficiency.  These factors are expected to boost the growth and development of the global industrial gearbox market in Europe.  

Some of the industry players involved in the industrial gearbox market include GearTech, Inc., (United Stars, Inc.), Klingelnberg GmbH, Inc., Essential Power Transmission Pvt. Ltd., Griffin Gear Inc.,Precipart Corporation, Cleveland Gear Company, NORD DrivesystemsPvt. Ltd., Allied Precision Gears Inc., SEW-Eurodrive, RenoldPlc, and Ashoka Machine Tools Corporation.

Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com

We Accept

We have secured system to process your transaction.


We Are On Social