Market Overview:
The global girth gear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market was valued at US$ 2,362.8 Mn in 2017 and is projected to reach US$ 3,584.4 Mn by 2030. The spur girth gear segment accounted for a majority share of 74% in the global girth gear market in 2018 and is expected to maintain its dominance throughout the forecast period.
Product Definition:
A girth gear is a large, circular gear that is used to transmit power from one shaft to another. It is typically used in conjunction with a smaller gear, called a pinion, to create a drivetrain. The girth gear is important because it provides the stability and strength necessary for transferring power reliably.
Spur Girth Gear:
Spur girth gear is a type of spur gear with an additional fixed beveled edge on one or both sides of the tooth. The primary function of spur gears is to reduce the speed variation in a transmission system. They are primarily used where high accuracy and tight speed control are required along with smooth acceleration and deceleration, such as in electric motors, automotive transmissions, power steering systems, manual drives (such as pumps), machine tools etc.
Helical Girth Gear:
Helical gear is a type of gear that has teeth on the inside and outside of the circle. The number of teeth varies from 8 to 50 or more depending upon the application. It is used in various applications such as chain drives, spur gears, epicyclic gears, and others.
Application Insights:
The cement application segment led the global girth gear market in 2018 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for cement across the globe. Moreover, expansion projects undertaken by various companies including LafargeHolcim are expected to drive product demand over the next few years.
In 2018, mining accounted for 21% of total market revenue share owing to rising demand from various sectors such as construction and infrastructure development, metallurgical industries, civil engineering sector among others which include railway networks and highways which need gears with high durability and efficiency ratio leading towards higher adoption of these products globally.
Regional Analysis:
Asia Pacific dominated the global girth gear market in 2018 and is expected to continue its dominance over the forecast period. The region is home to some of the major economies, such as China, India, Japan and South Korea. These countries are involved in various industrial activities that require huge power generation equipment for processing raw materials into finished products. This has led to a significant demand for spur-gear based generators across Asia Pacific over the past few years.
The growth of cement manufacturing industry in Asia Pacific owing to rapid urbanization coupled with increasing construction activities across emerging economies including China and India is anticipated to drive product demand further.
North America accounted for a revenue share of 15% in 2018 owing to presence of prominent players operating within U.S., such as General Electric; Emerson Electric Co.; Cummins Inc.; Caterpillar Inc.
Growth Factors:
- Increasing demand from the automotive industry for gears with high precision and accuracy
- Growing popularity of electric vehicles, which require gears with higher torque capacity
- Rising demand for Girth Gear in the oil & gas sector to power drilling and extraction equipment
- Increasing investments in infrastructure development, which is expected to lead to an increase in demand for Girth Gears used in construction machinery
- Proliferation of online shopping platforms, which is driving the need for more efficient logistics systems that rely on Girth Gears
Scope Of The Report
Report Attributes
Report Details
Report Title
Girth Gear Market Research Report
By Type
Spur Girth Gear, Helical Girth Gear, Spur Girth Gear had a market share of 74% in 2018.
By Application
Cement, Mining, Chemical and Petrochemicals, Power Generation, Others
By Companies
David Brown Santasalo, SEW-Eurodrive, Groupe CIF, FLSmidth MAAG Gear, Dingwell's, CHAENG, NIPPON CHUZO, PWT Van Der Wegen, UEDA HEAVY GEAR WORKS, Galbiati Group, Ashoka, Zhili New Materials
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Girth Gear Market Report Segments:
The global Girth Gear market is segmented on the basis of:
Types
Spur Girth Gear, Helical Girth Gear, Spur Girth Gear had a market share of 74% in 2018.
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
Cement, Mining, Chemical and Petrochemicals, Power Generation, Others
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:
- David Brown Santasalo
- SEW-Eurodrive
- Groupe CIF
- FLSmidth MAAG Gear
- Dingwell's
- CHAENG
- NIPPON CHUZO
- PWT Van Der Wegen
- UEDA HEAVY GEAR WORKS
- Galbiati Group
- Ashoka
- Zhili New Materials
Highlights of The Girth 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:
- Spur Girth Gear
- Helical Girth Gear
- Spur Girth Gear had a market share of 74% in 2018.
- By Application:
- Cement
- Mining
- Chemical and Petrochemicals
- Power Generation
- Others
- 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 Girth 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?
Girth Gear is a type of sexual enhancement device that is worn around the penis to increase its size.
Some of the key players operating in the girth gear market are David Brown Santasalo, SEW-Eurodrive, Groupe CIF, FLSmidth MAAG Gear, Dingwell's, CHAENG, NIPPON CHUZO, PWT Van Der Wegen, UEDA HEAVY GEAR WORKS, Galbiati Group, Ashoka, Zhili New Materials.
The girth gear market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Girth 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. Girth Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Girth Gear Market - Supply Chain
4.5. Global Girth Gear Market Forecast
4.5.1. Girth Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Girth Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Girth Gear Market Absolute $ Opportunity
5. Global Girth 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. Girth Gear Market Size and Volume Forecast by Type
5.3.1. Spur Girth Gear
5.3.2. Helical Girth Gear
5.3.3. Spur Girth Gear had a market share of 74% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Girth 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. Girth Gear Market Size and Volume Forecast by Application
6.3.1. Cement
6.3.2. Mining
6.3.3. Chemical and Petrochemicals
6.3.4. Power Generation
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Girth 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. Girth 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 Girth 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. Girth 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 Girth Gear Demand Share Forecast, 2019-2026
9. North America Girth 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 Girth 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 Girth Gear Market Size and Volume Forecast by Application
9.4.1. Cement
9.4.2. Mining
9.4.3. Chemical and Petrochemicals
9.4.4. Power Generation
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Girth Gear Market Size and Volume Forecast by Type
9.7.1. Spur Girth Gear
9.7.2. Helical Girth Gear
9.7.3. Spur Girth Gear had a market share of 74% in 2018.
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 Girth Gear Demand Share Forecast, 2019-2026
10. Latin America Girth 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 Girth 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 Girth Gear Market Size and Volume Forecast by Application
10.4.1. Cement
10.4.2. Mining
10.4.3. Chemical and Petrochemicals
10.4.4. Power Generation
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Girth Gear Market Size and Volume Forecast by Type
10.7.1. Spur Girth Gear
10.7.2. Helical Girth Gear
10.7.3. Spur Girth Gear had a market share of 74% in 2018.
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 Girth Gear Demand Share Forecast, 2019-2026
11. Europe Girth 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 Girth 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 Girth Gear Market Size and Volume Forecast by Application
11.4.1. Cement
11.4.2. Mining
11.4.3. Chemical and Petrochemicals
11.4.4. Power Generation
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Girth Gear Market Size and Volume Forecast by Type
11.7.1. Spur Girth Gear
11.7.2. Helical Girth Gear
11.7.3. Spur Girth Gear had a market share of 74% in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Pojections 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 Girth Gear Demand Share, 2019-2026
12. Asia Pacific Girth 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 Girth 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 Girth Gear Market Size and Volume Forecast by Application
12.4.1. Cement
12.4.2. Mining
12.4.3. Chemical and Petrochemicals
12.4.4. Power Generation
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Girth Gear Market Size and Volume Forecast by Type
12.7.1. Spur Girth Gear
12.7.2. Helical Girth Gear
12.7.3. Spur Girth Gear had a market share of 74% in 2018.
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 Girth Gear Demand Share, 2019-2026
13. Middle East & Africa Girth 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 Girth 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 Girth Gear Market Size and Volume Forecast by Application
13.4.1. Cement
13.4.2. Mining
13.4.3. Chemical and Petrochemicals
13.4.4. Power Generation
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Girth Gear Market Size and Volume Forecast by Type
13.7.1. Spur Girth Gear
13.7.2. Helical Girth Gear
13.7.3. Spur Girth Gear had a market share of 74% in 2018.
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 Girth Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Girth Gear Market: Market Share Analysis
14.2. Girth Gear Distributors and Customers
14.3. Girth Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. David Brown Santasalo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SEW-Eurodrive
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Groupe CIF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FLSmidth MAAG 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. Dingwell's
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CHAENG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NIPPON CHUZO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PWT Van Der Wegen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. UEDA HEAVY GEAR WORKS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Galbiati 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. Ashoka
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhili New Materials
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
