Industries > Energy > Global Industrial Gearbox Market Report 2019-2029

Global Industrial Gearbox Market Report 2019-2029

Analysis by Type (Planetary, Helical, Bevel, Spur and Worm), by Design (Parallel, Angled), by Industry (Wind Power, Material Handling, Construction, Metal & Mining, Cement & Aggregate, Food & Beverage), Company and Country Analysis and Forecasts

PAGES: 170
PRODUCT CODE: ENE0231
SUBMARKET: Oil

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Market Definition:
• Industrial gearbox is an enclosed system that transmits mechanical energy to an output device.
• Gearboxes are able to modify their speed, torque, and other attributes to convert the energy into a usable format.

Market Overview and Trends
• Gearboxes are now being used in a variety of devices, for a broad range of purposes. These machines can slow the rate of rotation to increase torque and speed.
• Mechanical gearboxes that are widely used in industrial sectors for functions such as transmitting power between machinery, automation systems, and process units are known as industrial gearboxes.

Market Dynamics:

Factors Influencing the Market Growth:
• Surge in demand for energy efficient gearboxes
• Rise in adoption of industrial automation across various industries
• Increasing industrialization in developing economies

Factors Restraining the Market Growth:
• Slowdown of industrialization in developed country such as Europe
• Technical challenges such as overheating, oil leaks, and excessive noise

Market Segmentation 2019-2029:

Type
• Planetary systems market, 2019-2029
• Helical market, 2019-2029
• Bevel market, 2019-2029
• Spur market, 2019-2029
• Worm market, 2019-2029

Design
• Parallel Market, 2019-2029
• Angled Market, 2019-2029

Industry
• Wind Power Market, 2019-2029
• Material Handling Market, 2019-2029
• Construction
• Metal & Mining
• Cement & Aggregate
• Food & Beverage

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America, Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as merger & acquisition and new product launch in order to improve and increase their foothold in the global Industrial Gearbox Market.

Major Market Players:
• Key company profiles such as Emerson Electric Co., Johnson Electric Holdings Limited, Siemens AG, Sumitomo Heavy Industries Ltd., Watt Drive Weg Group, Sew-Eurodrive, GKN Off-Highway Powertrain, ABB, Bauer Gear Motor, Bondioli & Pavesi are also provided in the report.

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CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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