Global Industrial Gearbox Market Research Report by Type (Planetary, Helical, Bevel, Spur, Worm), Design (Parallel axis, Angled Axis), Size (KW) (Small (up to 55 kW) and Large (above 1 MW)) and Torque, Industry (Power Generation, Construction, Material Handling, Industrial, Wind Power, Marine) and Region - Forecast till 2024
Industrial Gearbox Market Global Research Report - Forecast till 2024
The development of mechanical functions across various industry
verticals is creating an impetus for industrial gearboxes. Reports that gauge
the energy and power industry have been made available by Market Research
Future which creates reports on several industry verticals that review the
market growth and prospects. The market is anticipated to attain a 5% CAGR in
the forecast period.
The growth in industrial automation in
Europe and rapid growth of the construction industry in developing nations are
expected to drive the market for industrial gearbox during the forecast period.
The global population has been growing since the past few decades and is
expected to continue growing during the forecast period. The global trends of
digitalization and automation in the manufacturing has further enabled the
growth of the markets for industrial gearbox.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7272
The upsurge in demand for electric overhead traveling cranes and machine
tools is identified as a key factor enhancing the progress of the industrial
gearbox market. Also, intensified use of automobiles, cement machinery, and
material handling equipment is prompting the increased growth of industrial
gearboxes. Furthermore, amplified demand for automation is expected to enhance
the industrial gearbox market globally.
Segmental Analysis
The analysis of segments in the industrial gearbox market globally has
been conducted on the basis of design, type, end-user, and region.
By type, the industrial gearbox market has been segmented into planetary
industrial gearbox, helical industrial gearbox, bevel industrial gearbox, worm
industrial gearbox, spur industrial gearbox and others which comprises of
combination gears such as planetary-worm and helical-bevel.
On the basis of industry, the market for industrial gearbox is segmented
into mining, wind turbines, steel plants, food & beverage, and cement
industry.
Based on design, the industrial gearbox market is segmented into
parallel and angled.
The regions counted in the industrial gearbox market are Asia Pacific,
Europe, North America, Middle East, Africa, and South America.
Browse Full
Report at: https://www.marketresearchfuture.com/reports/industrial-gearbox-market-7272
Regional Analysis
The regional examination of the industrial gearbox market comprises of
regions such as Asia Pacific, Europe, North America, Middle East, Africa, and
South America.
The Asia Pacific region controls the major market portion of the
industrial gearbox market in 2017 owing to the growing usage of industrial
gearbox in several manufacturing industries. This development is expected to
gain a positive outlook in the approaching years due to growing automation in
industries such as food processing, automobile, and agriculture machinery.
Furthermore, growing investments in the renewable power generation sector with
a shift in the direction of wind power is expected to motivate the industrial
gearbox market in the coming years.
Prominent Players:
The central contenders functioning in the industrial gearbox market are
Johnson Electric Holdings Limited, Emerson Electric Co, Siemens AG, Watt Drive
Weg Group, Sew-Eurodrive, Schneider Electric, Sumitomo Heavy Industries Ltd,
ABB Ltd, Bondioli & Pavesi, Dana Brevini, Bauer Gear Motor, Bonfiglioli,
Comer Industries, Elecon Engineering, and China High Speed Transmission
Equipment Group Co., Ltd.
Industry Updates:
Nov 2018 SKF is devoting
roughly SEK 200 million in advancing its competitiveness and customer service
levels for the tapered roller bearings (TRB) in China. The financing is being
made in a fresh manufacturing facility in Changshan, to which the Group’s
current small-size TRB manufacturing in China will be moved. The tapered roller
bearing market in China keeps on showing solid levels of development, motivated
mainly by the industrial drives and gearbox segments.
About Market Research Future:
At Market Research Future (MRFR), we
enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Read More:
https://sites.google.com/view/microbialfuelcellmarketsegment/home
https://sites.google.com/view/hydrogen-energy-storage-market/home
https://sites.google.com/view/nuclearwastemanagementmarketsh/home
https://sites.google.com/view/off-gridsolarmarketoverview/home
https://sites.google.com/view/dualcarbonbatterymarketanalysi/home
https://sites.google.com/view/power-transmission-compo/home
https://sites.google.com/view/distributed-energy-resour/home
No comments:
Post a Comment