Market Overview:
The global industrial girth gear 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 industrial gears from various end-use industries, such as cement, mining, chemical and petrochemicals, metal fabrication, power generation and others. In terms of type, the spur girth gear segment is expected to hold a major share of the global industrial girth gear market during the forecast period. This can be attributed to its high efficiency and low noise levels as compared to other types of gears. In terms of application, the cement segment is projected to witness highest growth in demand for industrial gears during the forecast period.
Product Definition:
A girth gear is a large, ring-shaped gear that is used to transmit power between two shafts. It typically has teeth on the inside and outside surfaces, and it is mounted so that it can rotate around the shafts. Girth gears are commonly used in industrial applications, where they are used to power machines such as turbines or conveyors.
Spur Girth Gear:
Spur girth gear is a type of spur gear with the ratio 3:1. It has three teeth on one side and one tooth on the other side, which means that it can be used to transmit power in only two directions. The main advantage of spur girth gear is that it can reduce transmission torque by up to 15% when compared with conventional girdles.
Helical Girth Gear:
Helical gear is a type of spur gear with the involute (helical) shape. Helical gears are used in industrial girth gears to transmit torque and power from one shaft to another. They have applications in cranes, earthmoving machinery, tractors and trucks, material handling equipment such as forklifts and palletsizers, agricultural equipment such as harvesters and seeders among others.
Application Insights:
The cement industry dominated the global industrial girth gear market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for ready-made products for construction purposes across various regions, including Asia Pacific and Middle East & Africa. In addition, a number of players have been focusing on manufacturing gears with higher efficiency levels to reduce operational costs and increase productivity.
The mining segment is expected to witness significant growth over the forecast period owing to rising demand from various sectors including cement and metal fabricationation for which purpose these types of gears are used as planetary gearing is more efficient than straight shaft or spur drives when it comes time to raise heavy loads at high speeds over long distances.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing robust economic growth on account of increasing foreign investments coupled with rising industrial output. China, India, Japan, South Korea are some of the prominent markets in Asia Pacific that have witnessed significant growth owing to rapid industrialization and urbanization resulting into increased demand for consumer goods along with automobiles.
The Middle East & Africa is projected to be one of the fastest-growing regions over the forecast period owing to major construction activities taking place across UAE and Saudi Arabia due to their massive oil reserves as well as other mineral resources which will drive industry expansion across industries including metal fabrication, cement manufacturing etc.
Growth Factors:
- Increasing demand from the end-user industries
- Growing urbanization and industrialization in developing countries
- Rising investments in infrastructure development projects
- Proliferation of new technologies and their adoption in industrial gear systems
- Growing awareness about the benefits of using industrial gears
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Girth Gear Market Research Report
By Type
Spur Girth Gear, Helical Girth Gear
By Application
Cement, Mining, Chemical and Petrochemicals, Metal Fabrication, Power Generation, Others
By Companies
David Brown Santasalo, FLSmidth MAAG Gear, KHK Gears, PWT Van Der Wegen, SEW-Eurodrive, CMD 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Girth Gear Market Report Segments:
The global Industrial Girth Gear market is segmented on the basis of:
Types
Spur Girth Gear, Helical Girth 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
Cement, Mining, Chemical and Petrochemicals, Metal Fabrication, Power Generation, 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 Santasalo
- FLSmidth MAAG Gear
- KHK Gears
- PWT Van Der Wegen
- SEW-Eurodrive
- CMD Gears
Highlights of The Industrial Girth Gear 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 Girth Gear
- Helical Girth Gear
- By Application:
- Cement
- Mining
- Chemical and Petrochemicals
- Metal Fabrication
- Power Generation
- 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 Girth Gear 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?
Industrial girth gear is a type of industrial machinery that uses belts or chains to move objects. It is used in factories, warehouses, and other places where large items need to be moved quickly and efficiently.
Some of the key players operating in the industrial girth gear market are David Brown Santasalo, FLSmidth MAAG Gear, KHK Gears, PWT Van Der Wegen, SEW-Eurodrive, CMD Gears.
The industrial girth gear market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Girth Gear Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Girth Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Girth Gear Market - Supply Chain
4.5. Global Industrial Girth Gear Market Forecast
4.5.1. Industrial Girth Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Girth Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Girth Gear Market Absolute $ Opportunity
5. Global Industrial Girth Gear Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Girth Gear Market Size and Volume Forecast by Type
5.3.1. Spur Girth Gear
5.3.2. Helical Girth Gear
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Girth Gear Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Girth Gear Market Size and Volume Forecast by Application
6.3.1. Cement
6.3.2. Mining
6.3.3. Chemical and Petrochemicals
6.3.4. Metal Fabrication
6.3.5. Power Generation
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Girth Gear Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Girth Gear Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Girth Gear Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Girth Gear Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Girth Gear Demand Share Forecast, 2019-2026
9. North America Industrial Girth Gear Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Girth Gear Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Girth Gear Market Size and Volume Forecast by Application
9.4.1. Cement
9.4.2. Mining
9.4.3. Chemical and Petrochemicals
9.4.4. Metal Fabrication
9.4.5. Power Generation
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Girth Gear Market Size and Volume Forecast by Type
9.7.1. Spur Girth Gear
9.7.2. Helical Girth Gear
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Girth Gear Demand Share Forecast, 2019-2026
10. Latin America Industrial Girth Gear Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Girth Gear Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Girth Gear Market Size and Volume Forecast by Application
10.4.1. Cement
10.4.2. Mining
10.4.3. Chemical and Petrochemicals
10.4.4. Metal Fabrication
10.4.5. Power Generation
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Girth Gear Market Size and Volume Forecast by Type
10.7.1. Spur Girth Gear
10.7.2. Helical Girth Gear
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Girth Gear Demand Share Forecast, 2019-2026
11. Europe Industrial Girth Gear Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Girth Gear Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Girth Gear Market Size and Volume Forecast by Application
11.4.1. Cement
11.4.2. Mining
11.4.3. Chemical and Petrochemicals
11.4.4. Metal Fabrication
11.4.5. Power Generation
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Girth Gear Market Size and Volume Forecast by Type
11.7.1. Spur Girth Gear
11.7.2. Helical Girth Gear
118. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Girth Gear Demand Share, 2019-2026
12. Asia Pacific Industrial Girth Gear Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Girth Gear Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Girth Gear Market Size and Volume Forecast by Application
12.4.1. Cement
12.4.2. Mining
12.4.3. Chemical and Petrochemicals
12.4.4. Metal Fabrication
12.4.5. Power Generation
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Girth Gear Market Size and Volume Forecast by Type
12.7.1. Spur Girth Gear
12.7.2. Helical Girth Gear
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Girth Gear Demand Share, 2019-2026
13. Middle East & Africa Industrial Girth Gear Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Girth Gear Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Girth Gear Market Size and Volume Forecast by Application
13.4.1. Cement
13.4.2. Mining
13.4.3. Chemical and Petrochemicals
13.4.4. Metal Fabrication
13.4.5. Power Generation
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Girth Gear Market Size and Volume Forecast by Type
13.7.1. Spur Girth Gear
13.7.2. Helical Girth Gear
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Girth Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Girth Gear Market: Market Share Analysis
14.2. Industrial Girth Gear Distributors and Customers
14.3. Industrial Girth Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. David Brown Santasalo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FLSmidth MAAG Gear
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KHK Gears
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PWT Van Der Wegen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SEW-Eurodrive
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CMD Gears
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook