Market Overview:
The Global Gear Shaping Cutters Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for gear shaping cutters in various industries such as machinery, automotive, aerospace, energy and medical industry. Moreover, the rising adoption of gear shaping cutters in small and medium-sized enterprises (SMEs) is also propelling the market growth. However, factors such as high initial investment and lack of awareness about benefits offered by gear shaping cutters are restraining the market growth. Based on type, spur master gears accounted for a major share of the global Gear Shaping Cutters Market in 2017. This can be attributed to their ability to produce accurate gears with low noise levels and good surface finish quality.
Product Definition:
Gear shaping cutters are used to produce gears with a specific tooth profile. The importance of gear shaping cutters is that they can produce gears with a specific tooth profile, which is important for certain applications.
Spur Master Gears:
Spur master gears are used in gear shaping cutters to provide high torque and power. They are also used in spur gearboxes as they offer low speed and high torque ratio. The growth factor for the spur master gears market is High demand from construction, mining & excavation, automotive industry which uses gear boxes for transmission of power from shafts to different parts of machinery or equipment.
Helical Master Gears:
Helical master gears are used in gear shaping cutters to provide high torque and power. They are also used in gear cutting machines for the production of spur and helical gears. The main function of a gear shape cutter is to produce accurategear shapes according to the requirements by using different types of tools or machinery.
The global Helical Master Gears market size was valued at USD 1,22,867.1 thousand in 2015.
Application Insights:
The machinery industry accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The application of global gear shaping cutters has become essential in order to manufacture high-quality and long-lasting cutting tools that are required for various machining operations in the machinery industry.
The automotive sector is also anticipated to witness significant growth over the forecast period owing to increasing demand for vehicles across various regions, including Asia Pacific, North America and Europe. In addition, stringent regulations regarding pollution control are expected to drive product demand from major players such as Dassault Systemes' 3DEXPERIENCE business unit within the aerospace & defense industry over next eight years.
Regional Analysis:
Asia Pacific dominated the global gear shaping cutters market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing industrialization and rising demand for consumer goods, especially in China and India, which are among the largest manufacturing hubs globally.
The Asia Pacific has a large number of manufacturers who export their products to North America and Europe on account of low production costs coupled with easy availability of labor in countries like China, India, Thailand etc., thereby driving regional growth. In addition, growing automotive industry across emerging economies including Indonesia and Malaysia is also anticipated to drive product demand over the next eight years.
Europe accounted for a significant share owing to high Gear Shaping Cutter (GSC) adoption by machinery & equipment manufacturers such as ABB Ltd., Siemens AG & Co., Alstom SA for power generation applications along with other industries including automotive sector from Italy Germany France Russia Spain etc.
Growth Factors:
- Gear shaping cutters market is driven by the increasing demand for gears in various industrial applications.
- The gear shaping cutters market is witnessing a growing demand from the automotive industry due to the increasing production of passenger cars and commercial vehicles.
- The growth of the aerospace industry is also contributing to the growth of the gear shaping cutters market as gears are used extensively in aircrafts for power transmission and other purposes.
- Rapid urbanization and industrialization in emerging economies such as China, India, Brazil, and Mexico are leading to an increase in demand for gears, which is driving the growth of gear shaping cutters market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gear Shaping Cutters Market Research Report
By Type
Spur Master Gears, Helical Master Gears, Others
By Application
Machinery Industry, Automotive industry, Aerospace Industry, Energy Industry, Medical industry, Others
By Companies
Samputensili, Gleason, MHI, Liebherr, Matrix Precision, Super Tools Corporation (STC), S.S. Tools, RHH, Inc., Star Cutter Company, DTR Co., ESGI, Century Precision (CTY), Super Hobs & Broaches, FHUSA-TSA, FRENCO, SMG Co. Ltd, Hanjiang Tool, Harbin Tool Works, Ever Sharp Tools (EST)
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Gear Shaping Cutters Market Report Segments:
The global Gear Shaping Cutters market is segmented on the basis of:
Types
Spur Master Gears, Helical Master Gears, Others
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 Industry, Automotive industry, Aerospace Industry, Energy Industry, Medical industry, 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:
- Samputensili
- Gleason
- MHI
- Liebherr
- Matrix Precision
- Super Tools Corporation (STC)
- S.S. Tools
- RHH, Inc.
- Star Cutter Company
- DTR Co.
- ESGI
- Century Precision (CTY)
- Super Hobs & Broaches
- FHUSA-TSA
- FRENCO
- SMG Co. Ltd
- Hanjiang Tool
- Harbin Tool Works
- Ever Sharp Tools (EST)
Highlights of The Gear Shaping Cutters 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 Master Gears
- Helical Master Gears
- Others
- By Application:
- Machinery Industry
- Automotive industry
- Aerospace Industry
- Energy Industry
- Medical industry
- 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 Shaping Cutters 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 shaping cutters are used to create precise cuts in metal and plastic. They can be used for a variety of tasks, such as cutting gears, brackets, and other parts.
Some of the key players operating in the gear shaping cutters market are Samputensili, Gleason, MHI, Liebherr, Matrix Precision, Super Tools Corporation (STC), S.S. Tools, RHH, Inc., Star Cutter Company, DTR Co., ESGI, Century Precision (CTY), Super Hobs & Broaches, FHUSA-TSA, FRENCO, SMG Co. Ltd, Hanjiang Tool, Harbin Tool Works, Ever Sharp Tools (EST).
The gear shaping cutters 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 Shaping Cutters 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 Shaping Cutters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gear Shaping Cutters 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 Shaping Cutters 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 Shaping Cutters Market Size & Forecast, 2020-2028
4.5.1 Gear Shaping Cutters Market Size and Y-o-Y Growth
4.5.2 Gear Shaping Cutters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Spur Master Gears
5.2.2 Helical Master Gears
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Machinery Industry
6.2.2 Automotive industry
6.2.3 Aerospace Industry
6.2.4 Energy Industry
6.2.5 Medical industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gear Shaping Cutters 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 Shaping Cutters 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Spur Master Gears
9.6.2 Helical Master Gears
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Machinery Industry
9.10.2 Automotive industry
9.10.3 Aerospace Industry
9.10.4 Energy Industry
9.10.5 Medical industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Spur Master Gears
10.6.2 Helical Master Gears
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Machinery Industry
10.10.2 Automotive industry
10.10.3 Aerospace Industry
10.10.4 Energy Industry
10.10.5 Medical industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Spur Master Gears
11.6.2 Helical Master Gears
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Machinery Industry
11.10.2 Automotive industry
11.10.3 Aerospace Industry
11.10.4 Energy Industry
11.10.5 Medical industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Spur Master Gears
12.6.2 Helical Master Gears
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Machinery Industry
12.10.2 Automotive industry
12.10.3 Aerospace Industry
12.10.4 Energy Industry
12.10.5 Medical industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Spur Master Gears
13.6.2 Helical Master Gears
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Machinery Industry
13.10.2 Automotive industry
13.10.3 Aerospace Industry
13.10.4 Energy Industry
13.10.5 Medical industry
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 Shaping Cutters Market: Competitive Dashboard
14.2 Global Gear Shaping Cutters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samputensili
14.3.2 Gleason
14.3.3 MHI
14.3.4 Liebherr
14.3.5 Matrix Precision
14.3.6 Super Tools Corporation (STC)
14.3.7 S.S. Tools
14.3.8 RHH, Inc.
14.3.9 Star Cutter Company
14.3.10 DTR Co.
14.3.11 ESGI
14.3.12 Century Precision (CTY)
14.3.13 Super Hobs & Broaches
14.3.14 FHUSA-TSA
14.3.15 FRENCO
14.3.16 SMG Co. Ltd
14.3.17 Hanjiang Tool
14.3.18 Harbin Tool Works
14.3.19 Ever Sharp Tools (EST)
