Market Overview:
The global industrial right angle gearbox 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 right angle gearboxes in various industrial applications, such as agricultural machinery, material handling machinery, food processing equipment, packaging machinery and others. Additionally, the growing demand for energy-efficient and high-performance gearboxes is also propelling the growth of this market. Based on type, the global industrial right angle gearbox market can be segmented into bevel gear box, worm gear box and hypoid Gear box. The bevel Gear box segment is expected to account for a major share of the global industrial right anglegearboxmarket in 2018 owing to its wide usage in variousindustrial applications.
Product Definition:
Industrial right angle gearboxes are used to change the direction of rotation of a shaft. This is often done to match the orientation of another shaft or to put more torque on a shaft.
Bevel Gear:
Bevel gear, also known as beveled gear or right anglegear is a type of spur gear. It has two teeth cut at an angle to the others so that the pinion can mesh with it more easily. The main function of this gear is to reduce rotational speed when used in right-angle drives which are applied in industrial applications such as pumps and machine tools.
Worm Gear:
Worm gear is a helical gear, whose pitch line is winding around the center of the helical. The shape of this gear helps in providing maximum contact between the output and input shafts of any industrial right angle drive system. It’s mainly used in drives that have high power requirements but limited torque specifications.
The main applications whereworm gears are used include machine tools, printing presses, diesel engines (including reciprocating engines), electric motors.
Application Insights:
The others application segment includes construction equipment, mining machinery and other applications. The demand for right angle gearboxes in this application is expected to witness growth owing to the increasing need for compact machines with low power consumption. In addition, favorable government policies promoting infrastructure development are anticipated to augment the product demand over the forecast period.
Agricultural machinery was the largest revenue-generating segment in 2017 and is projected to maintain its dominance over the forecast period due largely to high product penetration in agricultural applications such as feed mills, grain processing plants and combine harvesters among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising industrialization, increasing foreign investments, favorable government policies and availability of cheap labor. China is a major manufacturing hub for agricultural machinery as well as material handling equipment owing to low production cost coupled with easy availability of raw materials such as steel and aluminum.
The demand for right angle gearboxes in Europe is anticipated to grow at an estimated CAGR of XX% from 2018 to 2030 due high usage in mining applications including underground mining, surface mining, telecabine systems among others. In addition growing automotive industry will also drive the regional product demand over the forecast period along with stringent emission norms implemented by governments across European countries such as Germany, France among others are expected boost product adoption rate significantly over next eight years or so till 2030 AD (After Diesel).
Growth Factors:
- Increasing demand from the automotive industry for right angle gearboxes for power transmission applications
- Growing demand for electric vehicles, which is expected to boost the market for right angle gearboxes in the coming years
- Rising investments in infrastructure development projects across the globe, which will create opportunities for growth of the industrial right angle gearbox market
- Increasing adoption of modular construction methods in various industries, which is likely to increase demand for right angle gearboxes in near future
- Growing popularity of renewable energy sources such as wind and solar energy, which will create new opportunities for growth of industrial right angle gearbox market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Right Angle Gearbox Market Research Report
By Type
Bevel Gear, Worm Gear, Hypoid Gear
By Application
Agricultural Machinery, Material Handling Machinery, Food Processing Equipment, Packaging Machinery, Others
By Companies
Zero-Max, Andantex USA, KG Gear, Sumitomo Drive Technologies, WC Branham, Tramec, Tolomatic, Ondrives, STM Power Transmission, Ketterer, Nidec Graessner, Nosen M&E Technology, Newstart Motion, SPN Drive, Hema Endustri, Zipp Group, Bonfiglioli, Neugart, Altra Industrial Motion (Boston Gear)
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Right Angle Gearbox Market Report Segments:
The global Industrial Right Angle Gearbox market is segmented on the basis of:
Types
Bevel Gear, Worm Gear, Hypoid Gear
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
Agricultural Machinery, Material Handling Machinery, Food Processing Equipment, Packaging Machinery, 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:
- Zero-Max
- Andantex USA
- KG Gear
- Sumitomo Drive Technologies
- WC Branham
- Tramec
- Tolomatic
- Ondrives
- STM Power Transmission
- Ketterer
- Nidec Graessner
- Nosen M&E Technology
- Newstart Motion
- SPN Drive
- Hema Endustri
- Zipp Group
- Bonfiglioli
- Neugart
- Altra Industrial Motion (Boston Gear)
Highlights of The Industrial Right Angle Gearbox 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:
- Bevel Gear
- Worm Gear
- Hypoid Gear
- By Application:
- Agricultural Machinery
- Material Handling Machinery
- Food Processing Equipment
- Packaging Machinery
- 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 Right Angle Gearbox 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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- 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?
An industrial right angle gearbox is a type of gearbox used in industrial applications. These gearboxes are designed to provide high torque and low speed capabilities, making them ideal for use in applications such as machine tools, manufacturing plants, and other heavy equipment.
Some of the major companies in the industrial right angle gearbox market are Zero-Max, Andantex USA, KG Gear, Sumitomo Drive Technologies, WC Branham, Tramec, Tolomatic, Ondrives, STM Power Transmission, Ketterer, Nidec Graessner, Nosen M&E Technology, Newstart Motion, SPN Drive, Hema Endustri, Zipp Group, Bonfiglioli, Neugart, Altra Industrial Motion (Boston Gear).
The industrial right angle gearbox market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Right Angle Gearbox 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 Right Angle Gearbox Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Right Angle Gearbox 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 Right Angle Gearbox 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 Right Angle Gearbox Market Size & Forecast, 2020-2028
4.5.1 Industrial Right Angle Gearbox Market Size and Y-o-Y Growth
4.5.2 Industrial Right Angle Gearbox 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 Bevel Gear
5.2.2 Worm Gear
5.2.3 Hypoid Gear
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 Agricultural Machinery
6.2.2 Material Handling Machinery
6.2.3 Food Processing Equipment
6.2.4 Packaging Machinery
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Right Angle Gearbox 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 Right Angle Gearbox 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 Bevel Gear
9.6.2 Worm Gear
9.6.3 Hypoid Gear
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 Agricultural Machinery
9.10.2 Material Handling Machinery
9.10.3 Food Processing Equipment
9.10.4 Packaging Machinery
9.10.5 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 Bevel Gear
10.6.2 Worm Gear
10.6.3 Hypoid Gear
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 Agricultural Machinery
10.10.2 Material Handling Machinery
10.10.3 Food Processing Equipment
10.10.4 Packaging Machinery
10.10.5 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 Bevel Gear
11.6.2 Worm Gear
11.6.3 Hypoid Gear
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 Agricultural Machinery
11.10.2 Material Handling Machinery
11.10.3 Food Processing Equipment
11.10.4 Packaging Machinery
11.10.5 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 Bevel Gear
12.6.2 Worm Gear
12.6.3 Hypoid Gear
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 Agricultural Machinery
12.10.2 Material Handling Machinery
12.10.3 Food Processing Equipment
12.10.4 Packaging Machinery
12.10.5 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 Bevel Gear
13.6.2 Worm Gear
13.6.3 Hypoid Gear
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 Agricultural Machinery
13.10.2 Material Handling Machinery
13.10.3 Food Processing Equipment
13.10.4 Packaging Machinery
13.10.5 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 Right Angle Gearbox Market: Competitive Dashboard
14.2 Global Industrial Right Angle Gearbox Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zero-Max
14.3.2 Andantex USA
14.3.3 KG Gear
14.3.4 Sumitomo Drive Technologies
14.3.5 WC Branham
14.3.6 Tramec
14.3.7 Tolomatic
14.3.8 Ondrives
14.3.9 STM Power Transmission
14.3.10 Ketterer
14.3.11 Nidec Graessner
14.3.12 Nosen M&E Technology
14.3.13 Newstart Motion
14.3.14 SPN Drive
14.3.15 Hema Endustri
14.3.16 Zipp Group
14.3.17 Bonfiglioli
14.3.18 Neugart
14.3.19 Altra Industrial Motion (Boston Gear)
