Market Overview:
The global involute gear 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 gears in various industries such as automobile, shipping, and equipment manufacturing. Additionally, the growing awareness about energy efficiency and reduction of environmental emissions is also propelling the demand for gears globally. Based on type, face gear accounted for a major share of the global involute gear market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high efficiency and low noise levels as compared with other types of gears such as spur and space gears.
Product Definition:
An involute gear is a type of gear in which the teeth are curved in shape and rise gradually from the base to the summit of the tooth. This curvature is created by generating a spiral on a cylinder and then cutting away everything except for the spiral. The purpose of an involute gear is to transmit rotational motion between two shafts while minimizing wear and tear.
Face Gear:
Face gear is a device used in the manufacturing of involute gears. It is also known as sprocket plate, or sometimes spur gear. Face gear can be manufactured from materials such as steel and aluminum; it has teeth that mesh with those of another facegear to form a complete revolution.
Spur Gear:
Spur gear is a special type of gear teeth that are set at an angle of less than 90 degrees to the axis of rotation. The primary function of spur gear is to allow ratio changing as the input speed changes. It has few other uses also such as it can be used in place of involute gears for making spur drives, and it can be used with straight or helical splines for making spur drives also.
Application Insights:
Automobile industry was the largest application segment in 2015 and is expected to continue its dominance over the forecast period. Automobiles are manufactured in various countries across the world. Involute gears are used for several applications in automobiles such as engine, transmission, power steering, air conditioner, fuel pump and others. The demand for automobile is growing at a significant rate owing to rising disposable income of consumers and rapid urbanization along with increasing disposable female labor force participation globally. This factor is anticipated to boost product demand from 2018 to 2030 significantly over the forecast period.
Regional Analysis:
Asia Pacific dominated the global involute gear market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising investments in machinery & equipment manufacturing, and favorable government policies promoting exports. China is a major contributor towards regional growth owing to its large population coupled with rapid urbanization and growing economy.
The Asia Pacific has been witnessing strong economic growth since 2010 due to an upsurge in foreign investments along with supportive government policies for infrastructure development. Countries such as India are also focusing on developing their industrial sector by offering tax benefits through special incentives provided by the governments for setting up new plants/factories within their country thereby boosting regional product demand over the forecast period.
Europe was estimated at USD X million in 2017 owing to high Gear-Ratio Directive (GRD) adoption across various applications industries such as aerospace & defense, marine industry etc.
Growth Factors:
- Increasing demand from the automotive and transportation sector
- Growing demand for gears in renewable energy applications
- Rising popularity of precision gears in industrial applications
- Proliferation of gearbox-equipped machines across various industries
- Technological advancements in gear manufacturing processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Involute Gear Market Research Report
By Type
Face Gear, Spur Gear, Space Gear, Other
By Application
Automobile Industry, Shipping Industry, Equipment Manufacturing Industry, Other
By Companies
Ashoka Machine Tools, Bajrang Engineering Works, American Precision Gear, Kohara Gear Industry, Ring Gear, ATP, Amtek Group, Krishna Transmission, Fly Wheel Ring Gears Pvt, GNA Gears, ROUSH Performance Products, Sandvik Coromant
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Involute Gear Market Report Segments:
The global Involute Gear market is segmented on the basis of:
Types
Face Gear, Spur Gear, Space Gear, Other
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
Automobile Industry, Shipping Industry, Equipment Manufacturing Industry, Other
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:
- Ashoka Machine Tools
- Bajrang Engineering Works
- American Precision Gear
- Kohara Gear Industry
- Ring Gear
- ATP
- Amtek Group
- Krishna Transmission
- Fly Wheel Ring Gears Pvt
- GNA Gears
- ROUSH Performance Products
- Sandvik Coromant
Highlights of The Involute 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:
- Face Gear
- Spur Gear
- Space Gear
- Other
- By Application:
- Automobile Industry
- Shipping Industry
- Equipment Manufacturing Industry
- Other
- 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 Involute 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?
Involute gear is a type of gear that uses the principle of involute motion. This means that the gears rotate around an axis that is not perpendicular to the direction of rotation.
Some of the key players operating in the involute gear market are Ashoka Machine Tools, Bajrang Engineering Works, American Precision Gear, Kohara Gear Industry, Ring Gear, ATP, Amtek Group, Krishna Transmission, Fly Wheel Ring Gears Pvt, GNA Gears, ROUSH Performance Products, Sandvik Coromant.
The involute gear market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Involute 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. Involute Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Involute Gear Market - Supply Chain
4.5. Global Involute Gear Market Forecast
4.5.1. Involute Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Involute Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Involute Gear Market Absolute $ Opportunity
5. Global Involute 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. Involute Gear Market Size and Volume Forecast by Type
5.3.1. Face Gear
5.3.2. Spur Gear
5.3.3. Space Gear
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Involute 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. Involute Gear Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Shipping Industry
6.3.3. Equipment Manufacturing Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Involute 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. Involute 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 Involute 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. Involute 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 Involute Gear Demand Share Forecast, 2019-2029
9. North America Involute 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 Involute 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 Involute Gear Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Shipping Industry
9.4.3. Equipment Manufacturing Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Involute Gear Market Size and Volume Forecast by Type
9.7.1. Face Gear
9.7.2. Spur Gear
9.7.3. Space Gear
9.7.4. Other
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 Involute Gear Demand Share Forecast, 2019-2029
10. Latin America Involute 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 Involute 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 Involute Gear Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Shipping Industry
10.4.3. Equipment Manufacturing Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Involute Gear Market Size and Volume Forecast by Type
10.7.1. Face Gear
10.7.2. Spur Gear
10.7.3. Space Gear
10.7.4. Other
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 Involute Gear Demand Share Forecast, 2019-2029
11. Europe Involute 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 Involute 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 Involute Gear Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Shipping Industry
11.4.3. Equipment Manufacturing Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Involute Gear Market Size and Volume Forecast by Type
11.7.1. Face Gear
11.7.2. Spur Gear
11.7.3. Space Gear
11.7.4. Other
11.8. 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 Involute Gear Demand Share, 2019-2029
12. Asia Pacific Involute 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 Involute 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 Involute Gear Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Shipping Industry
12.4.3. Equipment Manufacturing Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Involute Gear Market Size and Volume Forecast by Type
12.7.1. Face Gear
12.7.2. Spur Gear
12.7.3. Space Gear
12.7.4. Other
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 Involute Gear Demand Share, 2019-2029
13. Middle East & Africa Involute 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 Involute 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 Involute Gear Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Shipping Industry
13.4.3. Equipment Manufacturing Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Involute Gear Market Size and Volume Forecast by Type
13.7.1. Face Gear
13.7.2. Spur Gear
13.7.3. Space Gear
13.7.4. Other
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 Involute Gear Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Involute Gear Market: Market Share Analysis
14.2. Involute Gear Distributors and Customers
14.3. Involute Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashoka Machine Tools
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bajrang Engineering Works
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. American Precision Gear
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kohara Gear Industry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ring Gear
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ATP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amtek Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Krishna Transmission
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fly Wheel Ring Gears Pvt
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GNA Gears
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ROUSH Performance Products
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sandvik Coromant
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
