Market Overview:
The global industrial gear box market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and reliable gearboxes across various industries. Additionally, the growing trend of automation is also contributing to the growth of this market. Based on type, the global industrial gear box market can be segmented into helical gearbox, worm reduction gearbox, planetary gearbox and others. Helical gears are used in high-speed applications as they offer smooth transmission with low noise levels and vibration levels. Worm reduction gears are used where large reductions ratios or high torque outputs are required in a compact space.
Product Definition:
An industrial gear box is a mechanical device that uses gears to increase or decrease the speed of rotation of a shaft or axle. The purpose of an industrial gear box is to transmit power from one component to another while maintaining the desired level of torque and speed. Gear boxes are used in a wide variety of applications, including automobiles, construction equipment, and manufacturing plants.
Helical Gearbox:
Helical gearbox is a type of gearbox with the main shaft rotating in a helical shape. The advantages of using this type of gearbox are that it offers high torque at low speeds, and can also be used for higher power applications. It’s major application areas include heavy machinery, earthmoving equipment, mining equipment and wind turbines among others.
Worm Reduction Gearbox:
Worm reduction gearbox is used in the industrial gear box to decrease the speed of a driven member. The primary application ofworm reduction gearbox is in high torque low speed drives where high power output and efficiency are required. It can also be used as an alternative to reverse ratio gears when more torque than available from conventional input/output types is required.
The main advantages of usingworm reductiongearbox include less wear.
Application Insights:
The construction 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 increasing demand from residential, commercial and civil infrastructure projects across the globe.
Aerospace & defense is another key application sector where global manufacturers are investing heavily in R&D activities with an eye on gaining a competitive edge over their rivals by developing innovative products that meet stringent aerospace standards. This factor is expected to drive product demand in this segment during the forecast period as well as result in increased utilization of planetary gears which offer higher efficiency than helical gears when it comes to launching satellites into space or maneuvering military aircraft on final approach and at high speeds around 300kt above sea level.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing industrial output, rising foreign investments and favorable macroeconomic conditions.
China emerged as a major manufacturing hub for numerous industries across the globe due to availability of low-cost labor force coupled with easy access of raw materials such as steel and others required by industry players. Availability of these resources has triggered strong demand from domestic manufacturers for efficient utilization of gear boxes in order to reduce operational costs associated with production processes or machinery involved in different industries across China thus driving regional market growth over the forecast period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing industrialization in developing countries
- Rising need for energy-efficient equipment
- Technological advancements in gear box manufacturing process
- Growing awareness about the benefits of using industrial gear boxes
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Gear Box Market Research Report
By Type
Helical Gearbox, Worm Reduction Gearbox, Planetary Gearbox, Others
By Application
Marine, Paper & Fiber, Mining & Minerals, Construction, Aerospace & Defense, Others
By Companies
David Brown, Emerson Electric, Rotork Plc, Bonfiglioli Group, FLSmidth MAAG, ZF Friedrichshafen, HMA Group, SEW, Katsa, Kumera, David Brown, Radicon, Sumitomo Heavy Industries, Ltd (Hansen), Northern Engineering, Falk Gear (Rexnord), Flender, NORD Drivesystems, Eaton Corp, Haley Marine Gears
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Gear Box Market Report Segments:
The global Industrial Gear Box market is segmented on the basis of:
Types
Helical Gearbox, Worm Reduction Gearbox, Planetary Gearbox, 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
Marine, Paper & Fiber, Mining & Minerals, Construction, Aerospace & Defense, 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
- Emerson Electric
- Rotork Plc
- Bonfiglioli Group
- FLSmidth MAAG
- ZF Friedrichshafen
- HMA Group
- SEW
- Katsa
- Kumera
- David Brown
- Radicon
- Sumitomo Heavy Industries, Ltd (Hansen)
- Northern Engineering
- Falk Gear (Rexnord)
- Flender
- NORD Drivesystems
- Eaton Corp
- Haley Marine Gears
Highlights of The Industrial Gear Box 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:
- Helical Gearbox
- Worm Reduction Gearbox
- Planetary Gearbox
- Others
- By Application:
- Marine
- Paper & Fiber
- Mining & Minerals
- Construction
- Aerospace & Defense
- 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 Industrial Gear Box 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Industrial Gear Box is a type of gearbox that is used in industrial applications. These gearboxes are often used to transfer power between different parts of an industrial machine.
Some of the key players operating in the industrial gear box market are David Brown, Emerson Electric, Rotork Plc, Bonfiglioli Group, FLSmidth MAAG, ZF Friedrichshafen, HMA Group, SEW, Katsa, Kumera, David Brown, Radicon, Sumitomo Heavy Industries, Ltd (Hansen), Northern Engineering, Falk Gear (Rexnord), Flender, NORD Drivesystems, Eaton Corp, Haley Marine Gears.
The industrial gear box 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 Industrial Gear Box 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 Industrial Gear Box Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Gear Box 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 Industrial Gear Box 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 Industrial Gear Box Market Size & Forecast, 2018-2028
4.5.1 Industrial Gear Box Market Size and Y-o-Y Growth
4.5.2 Industrial Gear Box Market Absolute $ Opportunity
Chapter 5 Global Industrial Gear Box 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 Industrial Gear Box Market Size Forecast by Type
5.2.1 Helical Gearbox
5.2.2 Worm Reduction Gearbox
5.2.3 Planetary Gearbox
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Gear Box 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 Industrial Gear Box Market Size Forecast by Applications
6.2.1 Marine
6.2.2 Paper & Fiber
6.2.3 Mining & Minerals
6.2.4 Construction
6.2.5 Aerospace & Defense
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Gear Box 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 Industrial Gear Box 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 Industrial Gear Box Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Gear Box 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 Industrial Gear Box Market Size Forecast by Type
9.6.1 Helical Gearbox
9.6.2 Worm Reduction Gearbox
9.6.3 Planetary Gearbox
9.6.4 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 Industrial Gear Box Market Size Forecast by Applications
9.10.1 Marine
9.10.2 Paper & Fiber
9.10.3 Mining & Minerals
9.10.4 Construction
9.10.5 Aerospace & Defense
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 Industrial Gear Box Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Gear Box 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 Industrial Gear Box Market Size Forecast by Type
10.6.1 Helical Gearbox
10.6.2 Worm Reduction Gearbox
10.6.3 Planetary Gearbox
10.6.4 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 Industrial Gear Box Market Size Forecast by Applications
10.10.1 Marine
10.10.2 Paper & Fiber
10.10.3 Mining & Minerals
10.10.4 Construction
10.10.5 Aerospace & Defense
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 Industrial Gear Box Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Gear Box 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 Industrial Gear Box Market Size Forecast by Type
11.6.1 Helical Gearbox
11.6.2 Worm Reduction Gearbox
11.6.3 Planetary Gearbox
11.6.4 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 Industrial Gear Box Market Size Forecast by Applications
11.10.1 Marine
11.10.2 Paper & Fiber
11.10.3 Mining & Minerals
11.10.4 Construction
11.10.5 Aerospace & Defense
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 Industrial Gear Box Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Gear Box 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 Industrial Gear Box Market Size Forecast by Type
12.6.1 Helical Gearbox
12.6.2 Worm Reduction Gearbox
12.6.3 Planetary Gearbox
12.6.4 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 Industrial Gear Box Market Size Forecast by Applications
12.10.1 Marine
12.10.2 Paper & Fiber
12.10.3 Mining & Minerals
12.10.4 Construction
12.10.5 Aerospace & Defense
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) Industrial Gear Box Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Gear Box 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) Industrial Gear Box Market Size Forecast by Type
13.6.1 Helical Gearbox
13.6.2 Worm Reduction Gearbox
13.6.3 Planetary Gearbox
13.6.4 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) Industrial Gear Box Market Size Forecast by Applications
13.10.1 Marine
13.10.2 Paper & Fiber
13.10.3 Mining & Minerals
13.10.4 Construction
13.10.5 Aerospace & Defense
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 Industrial Gear Box Market: Competitive Dashboard
14.2 Global Industrial Gear Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 David Brown
14.3.2 Emerson Electric
14.3.3 Rotork Plc
14.3.4 Bonfiglioli Group
14.3.5 FLSmidth MAAG
14.3.6 ZF Friedrichshafen
14.3.7 HMA Group
14.3.8 SEW
14.3.9 Katsa
14.3.10 Kumera
14.3.11 David Brown
14.3.12 Radicon
14.3.13 Sumitomo Heavy Industries, Ltd (Hansen)
14.3.14 Northern Engineering
14.3.15 Falk Gear (Rexnord)
14.3.16 Flender
14.3.17 NORD Drivesystems
14.3.18 Eaton Corp
14.3.19 Haley Marine Gears
