Market Overview:
The global gear reducers with parallel axes market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for gear reducers with parallel axes in various applications such as agitators, food & beverages, machinery, logistics & transport, textile and others. Moreover, the growing industrialization and urbanization across the globe are also expected to fuel the demand for gear reducers with parallel axes over the forecast period. On basis of type, spur gears accounted for a major share of the global gear reducers with parallel axes market in 2017. This segment is projected to register highest CAGR during 2018-2030 owing to its properties such as high efficiency and low noise levels. Helical gears are another key type segment of this market which is anticipated witness significant growth over next few years on account of its ability reduce vibration levels and noise emission levels when compared Spur Gears . Herringbone Gears are also witnessing rising adoption due their ability offer high torque density coupled with compact size . Based on application , agitators held dominant position in terms revenue contribution followed by food & beverage industry segments in 2017 . Machinery industry is expected exhibit highest CAGR over next 10 years owing increasing investments being made towards development new infrastructure projects globally .
Product Definition:
A gear reducer with parallel axes is a type of gear reducer that has two input shafts that are parallel to each other and two output shafts that are also parallel to each other. This type of gear reducer is often used in applications where the input and output shafts need to be at the same level, such as in conveyor systems. Gear reducers with parallel axes are also very compact, which makes them ideal for use in tight spaces.
Spur Gears:
Spur gears are one of the types of gear. It is a simplex (1st) member whose teeth are set at a considerable distance from its neighbours, and has two or more cutting edges. The main function of spur gear is to allow meshing with different sizes and shapes wheels; it also offers high torque density at low speeds, which makes it suitable for various applications including automobile industry.
The global spur gears market size was valued at USD 2,867.
Helical Gears:
Helical gears are gear shapes with the cross-section of a spiral, i.e., a coiled orhelix. Helical gears can be manufactured from various materials including metals and polymer composites; however, they are most commonly made from steel and aluminum alloys due to their high strength & durability.
Application Insights:
The machinery application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to high demand for reduction gearboxes from construction, mining and agriculture sectors. These compact machines are used in various applications including feeder drives, augers, harvesters and tractors among others.
The food & beverage sector is one of the prominent users of reduction gears as they offer high efficiency solutions while reducing power consumption during production processes such as crushing & grinding or screening & pulverizing materials such as fruits pulp or seeds among others.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. The region is expected to continue its dominance over the forecast period. This growth can be attributed to rising industrialization and increasing investments in manufacturing facilities by major companies across this region.
The demand for reduction gearboxes is anticipated to grow significantly owing to their application in agitators, food & beverage, machinery, and other industries. Moreover, favorable government regulations regarding gearbox production are also expected to drive regional product demand over the forecast period. Increasing foreign direct investments coupled with growing industrialization has led Asia Pacific countries such as China and India emerge as prominent manufacturers of these reducers worldwide; thus making it one of the most lucrative regions globally for parallel axle gearing systems providers since 2010s onward (see Figure 1).
Growth Factors:
- Increasing demand from the automotive and industrial sectors for gear reducers with parallel axes is expected to drive the market growth.
- Gear reducers with parallel axes are used in a wide range of applications such as material handling, packaging, conveying, and others which is expected to fuel the market growth over the forecast period.
- Growing awareness about energy efficiency and its benefits is projected to boost the demand for gear reducers with parallel axes over the forecast period.
- Technological advancements in gear reducer design and manufacturing are anticipated to propel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gear Reducers with Parallel Axes Market Research Report
By Type
Spur Gears, Helical Gears, Herringbone Gears
By Application
Agitators, Food & Beverages, Machinery, Logistics & Transport, Textile, Others
By Companies
Nippon Gear, Rossi, Premium Stephan Hameln, YILMAZ REDUKTOR, Bonfiglioli, Tsubakimoto Chain, Brevini Power Transmission, FLSmidth, Regal Beloit, Transtecno
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Gear Reducers with Parallel Axes Market Report Segments:
The global Gear Reducers with Parallel Axes market is segmented on the basis of:
Types
Spur Gears, Helical Gears, Herringbone Gears
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
Agitators, Food & Beverages, Machinery, Logistics & Transport, Textile, 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:
- Nippon Gear
- Rossi
- Premium Stephan Hameln
- YILMAZ REDUKTOR
- Bonfiglioli
- Tsubakimoto Chain
- Brevini Power Transmission
- FLSmidth
- Regal Beloit
- Transtecno
Highlights of The Gear Reducers with Parallel Axes 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 Gears
- Helical Gears
- Herringbone Gears
- By Application:
- Agitators
- Food & Beverages
- Machinery
- Logistics & Transport
- Textile
- 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 Gear Reducers with Parallel Axes 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?
Gear reducers with parallel axes are used to reduce the gear ratio of a gearbox. This is useful when the output speed of the gearbox needs to be reduced, for example when using a smaller motor in a larger gearbox.
Some of the key players operating in the gear reducers with parallel axes market are Nippon Gear, Rossi, Premium Stephan Hameln, YILMAZ REDUKTOR, Bonfiglioli, Tsubakimoto Chain, Brevini Power Transmission, FLSmidth, Regal Beloit, Transtecno.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size & Forecast, 2018-2028 4.5.1 Gear Reducers with Parallel Axes Market Size and Y-o-Y Growth 4.5.2 Gear Reducers with Parallel Axes Market Absolute $ Opportunity
Chapter 5 Global Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Type
5.2.1 Spur Gears
5.2.2 Helical Gears
5.2.3 Herringbone Gears
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Applications
6.2.1 Agitators
6.2.2 Food & Beverages
6.2.3 Machinery
6.2.4 Logistics & Transport
6.2.5 Textile
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes 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 Reducers with Parallel Axes Analysis and Forecast
9.1 Introduction
9.2 North America Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Type
9.6.1 Spur Gears
9.6.2 Helical Gears
9.6.3 Herringbone Gears
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 Reducers with Parallel Axes Market Size Forecast by Applications
9.10.1 Agitators
9.10.2 Food & Beverages
9.10.3 Machinery
9.10.4 Logistics & Transport
9.10.5 Textile
9.10.6 Others
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 Reducers with Parallel Axes Analysis and Forecast
10.1 Introduction
10.2 Europe Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Type
10.6.1 Spur Gears
10.6.2 Helical Gears
10.6.3 Herringbone Gears
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 Reducers with Parallel Axes Market Size Forecast by Applications
10.10.1 Agitators
10.10.2 Food & Beverages
10.10.3 Machinery
10.10.4 Logistics & Transport
10.10.5 Textile
10.10.6 Others
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 Reducers with Parallel Axes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Type
11.6.1 Spur Gears
11.6.2 Helical Gears
11.6.3 Herringbone Gears
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 Reducers with Parallel Axes Market Size Forecast by Applications
11.10.1 Agitators
11.10.2 Food & Beverages
11.10.3 Machinery
11.10.4 Logistics & Transport
11.10.5 Textile
11.10.6 Others
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 Reducers with Parallel Axes Analysis and Forecast
12.1 Introduction
12.2 Latin America Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Type
12.6.1 Spur Gears
12.6.2 Helical Gears
12.6.3 Herringbone Gears
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 Reducers with Parallel Axes Market Size Forecast by Applications
12.10.1 Agitators
12.10.2 Food & Beverages
12.10.3 Machinery
12.10.4 Logistics & Transport
12.10.5 Textile
12.10.6 Others
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 Reducers with Parallel Axes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gear Reducers with Parallel Axes 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 Reducers with Parallel Axes Market Size Forecast by Type
13.6.1 Spur Gears
13.6.2 Helical Gears
13.6.3 Herringbone Gears
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 Reducers with Parallel Axes Market Size Forecast by Applications
13.10.1 Agitators
13.10.2 Food & Beverages
13.10.3 Machinery
13.10.4 Logistics & Transport
13.10.5 Textile
13.10.6 Others
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 Reducers with Parallel Axes Market: Competitive Dashboard
14.2 Global Gear Reducers with Parallel Axes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Gear
14.3.2 Rossi
14.3.3 Premium Stephan Hameln
14.3.4 YILMAZ REDUKTOR
14.3.5 Bonfiglioli
14.3.6 Tsubakimoto Chain
14.3.7 Brevini Power Transmission
14.3.8 FLSmidth
14.3.9 Regal Beloit
14.3.10 Transtecno