Market Overview:
The global enclosed gearing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for shaft mounted reducers, in-line/concentric reducers, off-set/parallel reducers, and right angle reducers from various end-use industries. Additionally, the growing demand for food, beverage & pharmaceutical products is also fueling the growth of the global enclosed gearing market. The North America region dominates the global enclosed gearing market and is expected to continue its dominance during the forecast period. The Asia Pacific region is projected to grow at a highest CAGR during 2018–2030 owing to rising industrialization and urbanization in countries such as China and India.
Product Definition:
A gearbox that is completely enclosed and protected from dirt, dust, water and other contaminants. Enclosed gearing is important because it keeps the gearbox clean and functioning properly in harsh environments.
Shaft Mounted Reducers:
Shaft-mounted reducers are used to reduce the speed of a machine or vehicles. They are mostly used in enclosed gearing applications, but some types can be used for free spinning shafts as well. The reduction in speed is achieved by mounting the reducer on either side of the gear and reducing the diameter of one or more gears which results in a slower rotation rate.
In-Line/Concentric Reducers:
In-line/concentric reducers are used to reduce the overall weight of the system. The enclosed gearing market is expected to grow at a significant rate owing to its application in various industries such as construction, agriculture, mining and material handling. In-line/concentric reducers are used for reducing gear ratio which ultimately reduces the overall system weight.
Application Insights:
The air handling segment dominated the global enclosed gearing market in terms of revenue share in 2017. The growth can be attributed to rising demand for ventilation, filtration, and cooling equipment across various end-use industries including chemical, oil & gas, food & beverage and others. In addition, technological advancements coupled with increased efficiency are further expected to drive the demand over the forecast period.
Global enclosed gearing market by application (air handling; chemical; oil & gas; food beverage.
The other applications include construction equipment industry which is anticipated to grow at a CAGR of XX% from 2018 to 2030 on account of high product demand in this application owing to its ability provide smooth gear changes while reducing energy consumption as compared with conventional mechanical systems.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of players and manufacturers coupled with high demand for reduction gearing from various end-use industries such as food & beverage, pharmaceutical, and air handling. Moreover, rising awareness regarding energy conservation is expected to drive product demand in this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing industrialization along with growing infrastructure activities in emerging economies such as China and India. In addition, rapid urbanization coupled with stringent government regulations pertaining environmental impact assessment are expected to drive product adoption across numerous end-use industries including construction and automotive within Asia Pacific during the forecast period.
Growth Factors:
- Increasing demand from the automotive and industrial sectors
- Growing popularity of electric vehicles
- Rising demand for energy-efficient and low-maintenance gearboxes
- Proliferation of automation in manufacturing processes
- Growing trend of miniaturization in electronics
Scope Of The Report
Report Attributes
Report Details
Report Title
Enclosed Gearing Market Research Report
By Type
Shaft Mounted Reducers, In-Line/Concentric Reducers, Off-Set/Parallel Reducers, Right Angle Reducers, Other
By Application
Air Handling, Chemical, Oil, & Gas, Food, Beverage, & Pharmaceutical, Other
By Companies
Baldor, Power Transmission Solutions, Broadwind Energy, FERRY-CAPITAIN Industries LLC, HBD Industries, Finol Oils, Linguee, Blue Star Lubrication Technology, Linguee Wörterbuch, The Scott Group, Mobil
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Enclosed Gearing Market Report Segments:
The global Enclosed Gearing market is segmented on the basis of:
Types
Shaft Mounted Reducers, In-Line/Concentric Reducers, Off-Set/Parallel Reducers, Right Angle Reducers, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Air Handling, Chemical, Oil, & Gas, Food, Beverage, & Pharmaceutical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baldor
- Power Transmission Solutions
- Broadwind Energy
- FERRY-CAPITAIN Industries LLC
- HBD Industries
- Finol Oils
- Linguee
- Blue Star Lubrication Technology
- Linguee Wörterbuch
- The Scott Group
- Mobil
Highlights of The Enclosed Gearing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shaft Mounted Reducers
- In-Line/Concentric Reducers
- Off-Set/Parallel Reducers
- Right Angle Reducers
- Other
- By Application:
- Air Handling
- Chemical, Oil, & Gas
- Food, Beverage, & Pharmaceutical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enclosed Gearing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enclosed gearing is a type of gear that is enclosed within a casing or housing. This helps to protect the gears from dirt, dust, and other debris. It also keeps the gears clean and free from wear.
Some of the key players operating in the enclosed gearing market are Baldor, Power Transmission Solutions, Broadwind Energy, FERRY-CAPITAIN Industries LLC, HBD Industries, Finol Oils, Linguee, Blue Star Lubrication Technology, Linguee WƒÂ¶rterbuch, The Scott Group, Mobil.
The enclosed gearing market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enclosed Gearing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Enclosed Gearing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Enclosed Gearing Market - Supply Chain
4.5. Global Enclosed Gearing Market Forecast
4.5.1. Enclosed Gearing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Enclosed Gearing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Enclosed Gearing Market Absolute $ Opportunity
5. Global Enclosed Gearing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Enclosed Gearing Market Size and Volume Forecast by Type
5.3.1. Shaft Mounted Reducers
5.3.2. In-Line/Concentric Reducers
5.3.3. Off-Set/Parallel Reducers
5.3.4. Right Angle Reducers
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Enclosed Gearing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Enclosed Gearing Market Size and Volume Forecast by Application
6.3.1. Air Handling
6.3.2. Chemical, Oil, & Gas
6.3.3. Food, Beverage, & Pharmaceutical
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Enclosed Gearing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Enclosed Gearing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Enclosed Gearing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Enclosed Gearing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Enclosed Gearing Demand Share Forecast, 2019-2029
9. North America Enclosed Gearing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Enclosed Gearing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Enclosed Gearing Market Size and Volume Forecast by Application
9.4.1. Air Handling
9.4.2. Chemical, Oil, & Gas
9.4.3. Food, Beverage, & Pharmaceutical
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Enclosed Gearing Market Size and Volume Forecast by Type
9.7.1. Shaft Mounted Reducers
9.7.2. In-Line/Concentric Reducers
9.7.3. Off-Set/Parallel Reducers
9.7.4. Right Angle Reducers
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Enclosed Gearing Demand Share Forecast, 2019-2029
10. Latin America Enclosed Gearing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Enclosed Gearing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Enclosed Gearing Market Size and Volume Forecast by Application
10.4.1. Air Handling
10.4.2. Chemical, Oil, & Gas
10.4.3. Food, Beverage, & Pharmaceutical
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Enclosed Gearing Market Size and Volume Forecast by Type
10.7.1. Shaft Mounted Reducers
10.7.2. In-Line/Concentric Reducers
10.7.3. Off-Set/Parallel Reducers
10.7.4. Right Angle Reducers
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Enclosed Gearing Demand Share Forecast, 2019-2029
11. Europe Enclosed Gearing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Enclosed Gearing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Enclosed Gearing Market Size and Volume Forecast by Application
11.4.1. Air Handling
11.4.2. Chemical, Oil, & Gas
11.4.3. Food, Beverage, & Pharmaceutical
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Enclosed Gearing Market Size and Volume Forecast by Type
11.7.1. Shaft Mounted Reducers
11.7.2. In-Line/Concentric Reducers
11.7.3. Off-Set/Parallel Reducers
11.7.4. Right Angle Reducers
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Enclosed Gearing Demand Share, 2019-2029
12. Asia Pacific Enclosed Gearing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Enclosed Gearing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Enclosed Gearing Market Size and Volume Forecast by Application
12.4.1. Air Handling
12.4.2. Chemical, Oil, & Gas
12.4.3. Food, Beverage, & Pharmaceutical
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Enclosed Gearing Market Size and Volume Forecast by Type
12.7.1. Shaft Mounted Reducers
12.7.2. In-Line/Concentric Reducers
12.7.3. Off-Set/Parallel Reducers
12.7.4. Right Angle Reducers
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Enclosed Gearing Demand Share, 2019-2029
13. Middle East & Africa Enclosed Gearing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Enclosed Gearing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Enclosed Gearing Market Size and Volume Forecast by Application
13.4.1. Air Handling
13.4.2. Chemical, Oil, & Gas
13.4.3. Food, Beverage, & Pharmaceutical
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Enclosed Gearing Market Size and Volume Forecast by Type
13.7.1. Shaft Mounted Reducers
13.7.2. In-Line/Concentric Reducers
13.7.3. Off-Set/Parallel Reducers
13.7.4. Right Angle Reducers
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Enclosed Gearing Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Enclosed Gearing Market: Market Share Analysis
14.2. Enclosed Gearing Distributors and Customers
14.3. Enclosed Gearing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baldor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Power Transmission Solutions
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Broadwind Energy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FERRY-CAPITAIN Industries LLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HBD Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Finol Oils
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Linguee
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Blue Star Lubrication Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Linguee Wörterbuch
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. The Scott Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mobil
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
