Market Overview:
The global gear unit gear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for gears in various industrial applications, such as automotive, aerospace, energy and power generation, and marine. In terms of type, the frame 80-200 mm segment is expected to hold the largest share of the global gear unit gear market during the forecast period. This can be attributed to its high demand from OEMs for small-sized gears.
Product Definition:
A gear unit is a device used to transmit rotational motion between two or more shafts. The importance of gear units lies in their ability to increase or decrease the speed of rotation while maintaining the torque. Gear units are often used in industrial and automotive applications where high power and precision are required.
Frame 80-200 mm:
The global gear unit gear market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for high-efficiency, low maintenance, and lightweight machinery is anticipated to drive the growth of this industry over the forecast period.
Frame 200-355 mm:
The frame 200-355 mm is used in gear unit to transmit the torque from the engine to drive the spur gear. The spur gears are directly connected to output shaft of automobile and they mesh with each other at one or more points.
There are different types of spur gears such as 2:1, 3:1, 4:1 etc depending upon their applications.
Application Insights:
OEMs generated a revenue of USD 1.8 billion in 2017 and is expected to witness significant growth over the forecast period owing to increasing demand for high-quality gears from various industries. The growing OEM industry can be attributed to the fact that outsourcing saves costs for OEMs as they source components from reliable sources thereby reducing overall production costs, which eventually gets reflected on price tags of final products sold by retailers.
The outsourcing segment is also anticipated to exhibit considerable growth over the forecast period owing to its rising use in several applications such as healthcare, food & beverage and manufacturing among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as automotive, aerospace & defense, and others. In addition, increasing investments by OEMs for gearboxes with reduced weight are likely to drive regional product demand.
The Asia Pacific region is characterized by a large number of manufacturers that offer complete gearbox solutions including design, manufacture, and assembly services. These service providers have gained significant traction in countries like China and India owing to their low labor costs; hence they gain an advantage over other manufacturing firms operating within these countries.
Growth Factors:
- Increasing demand from the automotive industry for gears with higher precision and durability.
- Growing popularity of electric vehicles, which require more gears to transmit power efficiently.
- Gear manufacturers increasingly adopting advanced manufacturing technologies to improve quality and reduce costs.
- Rising demand for customized gears to meet specific application requirements.
- Growing awareness of the benefits of using gear units in energy-efficient systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Gear Unit Gear Market Research Report
By Type
Frame 80-200 mm, Frame 200-355 mm
By Application
OEM, Outsourcing
By Companies
Welter, Changzhou T-Linder, Jiangsu Chixiang, Zhongli Gear, Ningbo Zhenhai, Hongsheng, Jiangyin Liaoyuan, Nangong, Jiangyin Delong, Zibo Hongjin, Kunshan Chen Juze, SEW, JIE, Siemens, Guomao, Sumitomo, Bonfiglioli, Mitsubishi, WEG, NGC
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Gear Unit Gear Market Report Segments:
The global Gear Unit Gear market is segmented on the basis of:
Types
Frame 80-200 mm, Frame 200-355 mm
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
OEM, Outsourcing
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:
- Welter
- Changzhou T-Linder
- Jiangsu Chixiang
- Zhongli Gear
- Ningbo Zhenhai
- Hongsheng
- Jiangyin Liaoyuan
- Nangong
- Jiangyin Delong
- Zibo Hongjin
- Kunshan Chen Juze
- SEW
- JIE
- Siemens
- Guomao
- Sumitomo
- Bonfiglioli
- Mitsubishi
- WEG
- NGC
Highlights of The Gear Unit Gear 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:
- Frame 80-200 mm
- Frame 200-355 mm
- By Application:
- OEM
- Outsourcing
- 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 Gear Unit Gear 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Gear unit gear is a measure of the efficiency of an engine or machine. It is calculated by dividing the output power (in watts) by the input power (in watts).
Some of the major companies in the gear unit gear market are Welter, Changzhou T-Linder, Jiangsu Chixiang, Zhongli Gear, Ningbo Zhenhai, Hongsheng, Jiangyin Liaoyuan, Nangong, Jiangyin Delong, Zibo Hongjin, Kunshan Chen Juze, SEW, JIE, Siemens, Guomao, Sumitomo, Bonfiglioli, Mitsubishi, WEG, NGC.
The gear unit gear market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gear Unit Gear 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. Gear Unit Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gear Unit Gear Market - Supply Chain
4.5. Global Gear Unit Gear Market Forecast
4.5.1. Gear Unit Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gear Unit Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gear Unit Gear Market Absolute $ Opportunity
5. Global Gear Unit Gear 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. Gear Unit Gear Market Size and Volume Forecast by Type
5.3.1. Frame 80-200 mm
5.3.2. Frame 200-355 mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gear Unit Gear 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. Gear Unit Gear Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Outsourcing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gear Unit Gear 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. Gear Unit Gear 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 Gear Unit Gear 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. Gear Unit Gear 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 Gear Unit Gear Demand Share Forecast, 2019-2026
9. North America Gear Unit Gear 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 Gear Unit Gear 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 Gear Unit Gear Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Outsourcing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gear Unit Gear Market Size and Volume Forecast by Type
9.7.1. Frame 80-200 mm
9.7.2. Frame 200-355 mm
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 Gear Unit Gear Demand Share Forecast, 2019-2026
10. Latin America Gear Unit Gear 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 Gear Unit Gear 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 Gear Unit Gear Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Outsourcing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gear Unit Gear Market Size and Volume Forecast by Type
10.7.1. Frame 80-200 mm
10.7.2. Frame 200-355 mm
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 Gear Unit Gear Demand Share Forecast, 2019-2026
11. Europe Gear Unit Gear 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 Gear Unit Gear 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 Gear Unit Gear Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Outsourcing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gear Unit Gear Market Size and Volume Forecast by Type
11.7.1. Frame 80-200 mm
11.7.2. Frame 200-355 mm
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 Coutry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gear Unit Gear Demand Share, 2019-2026
12. Asia Pacific Gear Unit Gear 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 Gear Unit Gear 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 Gear Unit Gear Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Outsourcing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gear Unit Gear Market Size and Volume Forecast by Type
12.7.1. Frame 80-200 mm
12.7.2. Frame 200-355 mm
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 Gear Unit Gear Demand Share, 2019-2026
13. Middle East & Africa Gear Unit Gear 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 Gear Unit Gear 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 Gear Unit Gear Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Outsourcing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gear Unit Gear Market Size and Volume Forecast by Type
13.7.1. Frame 80-200 mm
13.7.2. Frame 200-355 mm
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 Gear Unit Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gear Unit Gear Market: Market Share Analysis
14.2. Gear Unit Gear Distributors and Customers
14.3. Gear Unit Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Welter
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Changzhou T-Linder
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jiangsu Chixiang
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhongli Gear
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ningbo Zhenhai
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hongsheng
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jiangyin Liaoyuan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nangong
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangyin Delong
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zibo Hongjin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kunshan Chen Juze
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SEW
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JIE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Siemens
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Guomao
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sumitomo
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Bonfiglioli
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mitsubishi
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. WEG
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. NGC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
