Market Overview:
The global gear-driven industrial spindles 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 heavy duty machine tools and automotive applications, and rising investments in the aerospace industry. Gear-driven industrial spindles are used in a wide range of applications such as machinery, heavy duty machine tools, automotive, aerospace and others. Among these applications, the demand for gear-driven industrial spindles is highest for heavy duty machine tools and automotive applications. Gear-driven industrial spindles are widely used in machining operations owing to their high accuracy and repeatability levels. Geographically, North America dominates the global gear-driven industrial spindle market followed by Europe due to the presence of key players operating in these regions coupled with rising investments in automation across various industries such as automotive and aerospace.
Product Definition:
Gear-driven spindles are a type of industrial spindle that use gears to transmit power from the motor to the spindle. Gear-driven spindles are important because they provide more torque than other types of industrial spindles, making them ideal for applications that require high power or precision.
Horizontal Turning:
Horizontal turning is a type of gear cutting where the cutters are mounted horizontally and turn on the horizontal axis. The advantage of this system is that it allows better access to smaller parts while working, as well as provides a clear view of the part being worked on. Horizontal turning systems have been used in various applications including spur gears, bevel gears, helical gears and hypoid gears.
Vertical Turning:
Vertical turning is a type of gear cutting, which is used in the spur or helical gears. It helps to increase the speed of the gear-driven machine and also reduces its power consumption. The vertical turning cutters are mounted on a shaft that rotates inside the gear case.
Application Insights:
The machinery segment dominated the global gear-driven industrial spindles market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing demand from construction and mining sectors for machinery and equipment for heavy-duty applications. Furthermore, rising demand from industries such as oil & gas, chemical, cement and metal where high precision is required is expected to propel industry expansion over the forecast period.
Automotive sector accounted for a significant share in 2017 owing to rapid industrialization in developing countries like India and China coupled with growing automotive production across various regions including North America and Europe Pacific which has resulted in increased requirement of machine tools especially those that require high accuracy machining operations which are being driven by advanced manufacturing technologies globally driving industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for industrial machinery and heavy-duty machine tools from developing countries, such as China and India. In addition, rising investments by multinational companies for manufacturing consumer goods at low costs are anticipated to fuel product demand over the next eight years.
The growth of major application sectors, including machinery, automotive and aerospace in Asia Pacific is also likely to boost industry expansion during the forecast period. The growing manufacturing sector due to rapid urbanization along with increased foreign direct investments (FDI) is projecteded boosting overall industrial production output across emerging economies of Asia Pacific including China and India which will drive gear-driven spindles market growth subsequently.
Growth Factors:
- Gear-driven industrial spindles offer high torque and precision, making them ideal for applications that require a high degree of accuracy and repeatability.
- Gear-driven industrial spindles are available in a wide range of sizes and configurations, making them suitable for a variety of applications.
- Gear-driven industrial spindles are durable and reliable, providing long service life even under demanding conditions.
- Gear-driven industrial spindles can be customized to meet specific application requirements, ensuring optimal performance in any environment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gear-Driven Industrial Spindles Market Research Report
By Type
Horizontal Turning, Vertical Turning
By Application
Machinery, Heavy Duty Machine Tools, Automotive, Aerospace
By Companies
SycoTec, Setco, TDM Spindles, GMN Paul Müller Industrie, Colonial Tool Group, Mechatron Gmbh, Makino, Nippon Bearing, Dynomax, HAAS Automation, Concentra Innovative Engineering, Hann Kuen Machinery & Hardware
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Gear-Driven Industrial Spindles Market Report Segments:
The global Gear-Driven Industrial Spindles market is segmented on the basis of:
Types
Horizontal Turning, Vertical Turning
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
Machinery, Heavy Duty Machine Tools, Automotive, Aerospace
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:
- SycoTec
- Setco
- TDM Spindles
- GMN Paul Müller Industrie
- Colonial Tool Group
- Mechatron Gmbh
- Makino
- Nippon Bearing
- Dynomax
- HAAS Automation
- Concentra Innovative Engineering
- Hann Kuen Machinery & Hardware
Highlights of The Gear-Driven Industrial Spindles 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:
- Horizontal Turning
- Vertical Turning
- By Application:
- Machinery
- Heavy Duty Machine Tools
- Automotive
- Aerospace
- 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-Driven Industrial Spindles 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
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- Product & Brand Management
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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?
Gear-driven industrial spindles are used in a variety of industries to turn gears and shafts. They are typically made from metal and can be either manual or automatic. Gear-driven industrial spindles are often used in manufacturing plants, warehouses, and other commercial settings.
Some of the major companies in the gear-driven industrial spindles market are SycoTec, Setco, TDM Spindles, GMN Paul M¼ller Industrie, Colonial Tool Group, Mechatron Gmbh, Makino, Nippon Bearing, Dynomax, HAAS Automation, Concentra Innovative Engineering, Hann Kuen Machinery & Hardware.
The gear-driven industrial spindles market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gear-Driven Industrial Spindles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gear-Driven Industrial Spindles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gear-Driven Industrial Spindles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gear-Driven Industrial Spindles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gear-Driven Industrial Spindles Market Size & Forecast, 2018-2028
4.5.1 Gear-Driven Industrial Spindles Market Size and Y-o-Y Growth
4.5.2 Gear-Driven Industrial Spindles Market Absolute $ Opportunity
Chapter 5 Global Gear-Driven Industrial Spindles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Gear-Driven Industrial Spindles Market Size Forecast by Type
5.2.1 Horizontal Turning
5.2.2 Vertical Turning
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gear-Driven Industrial Spindles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Gear-Driven Industrial Spindles Market Size Forecast by Applications
6.2.1 Machinery
6.2.2 Heavy Duty Machine Tools
6.2.3 Automotive
6.2.4 Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gear-Driven Industrial Spindles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gear-Driven Industrial Spindles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Gear-Driven Industrial Spindles Analysis and Forecast
9.1 Introduction
9.2 North America Gear-Driven Industrial Spindles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Gear-Driven Industrial Spindles Market Size Forecast by Type
9.6.1 Horizontal Turning
9.6.2 Vertical Turning
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Gear-Driven Industrial Spindles Market Size Forecast by Applications
9.10.1 Machinery
9.10.2 Heavy Duty Machine Tools
9.10.3 Automotive
9.10.4 Aerospace
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Gear-Driven Industrial Spindles Analysis and Forecast
10.1 Introduction
10.2 Europe Gear-Driven Industrial Spindles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Gear-Driven Industrial Spindles Market Size Forecast by Type
10.6.1 Horizontal Turning
10.6.2 Vertical Turning
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Gear-Driven Industrial Spindles Market Size Forecast by Applications
10.10.1 Machinery
10.10.2 Heavy Duty Machine Tools
10.10.3 Automotive
10.10.4 Aerospace
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Gear-Driven Industrial Spindles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gear-Driven Industrial Spindles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Gear-Driven Industrial Spindles Market Size Forecast by Type
11.6.1 Horizontal Turning
11.6.2 Vertical Turning
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Gear-Driven Industrial Spindles Market Size Forecast by Applications
11.10.1 Machinery
11.10.2 Heavy Duty Machine Tools
11.10.3 Automotive
11.10.4 Aerospace
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Gear-Driven Industrial Spindles Analysis and Forecast
12.1 Introduction
12.2 Latin America Gear-Driven Industrial Spindles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Gear-Driven Industrial Spindles Market Size Forecast by Type
12.6.1 Horizontal Turning
12.6.2 Vertical Turning
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Gear-Driven Industrial Spindles Market Size Forecast by Applications
12.10.1 Machinery
12.10.2 Heavy Duty Machine Tools
12.10.3 Automotive
12.10.4 Aerospace
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Gear-Driven Industrial Spindles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gear-Driven Industrial Spindles Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Gear-Driven Industrial Spindles Market Size Forecast by Type
13.6.1 Horizontal Turning
13.6.2 Vertical Turning
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Gear-Driven Industrial Spindles Market Size Forecast by Applications
13.10.1 Machinery
13.10.2 Heavy Duty Machine Tools
13.10.3 Automotive
13.10.4 Aerospace
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gear-Driven Industrial Spindles Market: Competitive Dashboard
14.2 Global Gear-Driven Industrial Spindles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SycoTec
14.3.2 Setco
14.3.3 TDM Spindles
14.3.4 GMN Paul Müller Industrie
14.3.5 Colonial Tool Group
14.3.6 Mechatron Gmbh
14.3.7 Makino
14.3.8 Nippon Bearing
14.3.9 Dynomax
14.3.10 HAAS Automation
14.3.11 Concentra Innovative Engineering
14.3.12 Hann Kuen Machinery & Hardware
