Market Overview:
The global planetary gearbox 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 planetary gearboxes in smart homes, medical devices, gaming & video, office automation and other applications. North America is expected to lead the global planetary gearbox market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A planetary gearbox is a type of geared transmission system in which a number of gears are arranged around a central sun gear. The gears are connected to the sun gear and to each other by planet gears, which rotate around the planet gears.
MP:
The mechanical power transmission system is used in various industries including construction, mining, automotive and marine. The MP systems are widely used in the aerospace industry for aircraft engines and actuation systems. In addition to this, increasing use of electric vehicles (EV) has led to a rise in demand for an MP system as it offers improved efficiency over conventional systems.
P:
P is Power. It's the amount of energy that drives a machine or system. In mechanical systems, power can be defined as the ability to do work. The more P (Power) a device has, the easier it is to perform various tasks and operations such as moving heavy objects or generating high speed winds and hurricanes.
Application Insights:
The global demand for gearboxes has witnessed a paradigm shift due to the growing adoption of smart home devices. The smart home segment is expected to account for over 30% of the overall revenue share by 2030. The growth can be attributed to increasing automation in residential spaces through integration with security systems, lighting, temperature controls and other appliances.
The office automation segment accounted for over 15% of the overall revenue share in 2017 and is projected to grow at a significant rate during the forecast period owing to rising demand from industrial as well as commercial applications across various industries such as oil & gas, construction and mining. Office automation solutions require high precision gearing components which offer improved performance over conventional worm drives or chains driven mechanisms due to their higher reliability, durability and efficiency under demanding conditions.
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 increasing industrialization, rising population, and rapid urbanization. Moreover, China has emerged as a major hub for manufacturing various types of planetary gears due to availability of low-cost labor and raw materials.
The Asia Pacific market is also characterized by high demand from emerging economies such as India and Japan that are adopting a digital economy lifestyle with growing automation across industries. Furthermore, rising disposable income coupled with increased spending on luxury consumer goods will boost demand further in this region during the forecast period.
Europe accounted for more than 25% share in 2017 owing to high product adoption across end-use industries such as automotive, aerospace & defense (AD), marine applications including offshore oil & gas industry along with other sectors including agriculture machinery etc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of automation in manufacturing sector
- Rising need for energy-efficient equipment
- Proliferation of renewable energy sources
- Development of next-generation gearbox technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Planetary Gearbox Market Research Report
By Type
MP, P, LP, MLP, Other
By Application
Smart Home, Medical Devices, Gaming & Video, Office Automation, Other
By Companies
Bonfiglioli, Varvel, Siemens, John Deere, WITTENSTEIN, Kahlig Antriebstechnik, Nidec-Shimpo, JVL, TGB Group, WMH Herion, Kollmorgen, Brevini, Voith, Rossi Group, Vogel, Onvio, VEX Robotics, Apex Dynamics, Rohloff
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 Planetary Gearbox Market Report Segments:
The global Planetary Gearbox market is segmented on the basis of:
Types
MP, P, LP, MLP, 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
Smart Home, Medical Devices, Gaming & Video, Office Automation, 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:
- Bonfiglioli
- Varvel
- Siemens
- John Deere
- WITTENSTEIN
- Kahlig Antriebstechnik
- Nidec-Shimpo
- JVL
- TGB Group
- WMH Herion
- Kollmorgen
- Brevini
- Voith
- Rossi Group
- Vogel
- Onvio
- VEX Robotics
- Apex Dynamics
- Rohloff
Highlights of The Planetary 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:
- MP
- P
- LP
- MLP
- Other
- By Application:
- Smart Home
- Medical Devices
- Gaming & Video
- Office Automation
- 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 Planetary 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.
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- Correctly Positioning New Products
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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?
A Planetary Gearbox is a type of gearbox that uses planetary gears to transfer power from one shaft to another. This type of gearbox is often used in vehicles, aircraft, and other machinery because it offers high efficiency and reliability.
Some of the major players in the planetary gearbox market are Bonfiglioli, Varvel, Siemens, John Deere, WITTENSTEIN, Kahlig Antriebstechnik, Nidec-Shimpo, JVL, TGB Group, WMH Herion, Kollmorgen, Brevini, Voith, Rossi Group, Vogel, Onvio, VEX Robotics, Apex Dynamics, Rohloff.
The planetary gearbox market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Planetary Gearbox 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. Planetary Gearbox Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Planetary Gearbox Market - Supply Chain
4.5. Global Planetary Gearbox Market Forecast
4.5.1. Planetary Gearbox Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Planetary Gearbox Market Size (000 Units) and Y-o-Y Growth
4.5.3. Planetary Gearbox Market Absolute $ Opportunity
5. Global Planetary Gearbox 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. Planetary Gearbox Market Size and Volume Forecast by Type
5.3.1. MP
5.3.2. P
5.3.3. LP
5.3.4. MLP
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Planetary Gearbox 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. Planetary Gearbox Market Size and Volume Forecast by Application
6.3.1. Smart Home
6.3.2. Medical Devices
6.3.3. Gaming & Video
6.3.4. Office Automation
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Planetary Gearbox 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. Planetary Gearbox 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 Planetary Gearbox 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. Planetary Gearbox 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 Planetary Gearbox Demand Share Forecast, 2019-2026
9. North America Planetary Gearbox 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 Planetary Gearbox 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 Planetary Gearbox Market Size and Volume Forecast by Application
9.4.1. Smart Home
9.4.2. Medical Devices
9.4.3. Gaming & Video
9.4.4. Office Automation
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Planetary Gearbox Market Size and Volume Forecast by Type
9.7.1. MP
9.7.2. P
9.7.3. LP
9.7.4. MLP
9.7.5. 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 Planetary Gearbox Demand Share Forecast, 2019-2026
10. Latin America Planetary Gearbox 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 Planetary Gearbox 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 Planetary Gearbox Market Size and Volume Forecast by Application
10.4.1. Smart Home
10.4.2. Medical Devices
10.4.3. Gaming & Video
10.4.4. Office Automation
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Planetary Gearbox Market Size and Volume Forecast by Type
10.7.1. MP
10.7.2. P
10.7.3. LP
10.7.4. MLP
10.7.5. 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 Planetary Gearbox Demand Share Forecast, 2019-2026
11. Europe Planetary Gearbox 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 Planetary Gearbox 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 Planetary Gearbox Market Size and Volume Forecast by Application
11.4.1. Smart Home
11.4.2. Medical Devices
11.4.3. Gaming & Video
11.4.4. Office Automation
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Planetary Gearbox Market Size and Volume Forecast by Type
11.7.1. MP
11.7.2. P
11.7.3. LP
11.7.4. MLP
11.7.5. 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 Planetary Gearbox Demand Share, 2019-2026
12. Asia Pacific Planetary Gearbox 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 Planetary Gearbox 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 Planetary Gearbox Market Size and Volume Forecast by Application
12.4.1. Smart Home
12.4.2. Medical Devices
12.4.3. Gaming & Video
12.4.4. Office Automation
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Planetary Gearbox Market Size and Volume Forecast by Type
12.7.1. MP
12.7.2. P
12.7.3. LP
12.7.4. MLP
12.7.5. 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 Planetary Gearbox Demand Share, 2019-2026
13. Middle East & Africa Planetary Gearbox 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 Planetary Gearbox 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 Planetary Gearbox Market Size and Volume Forecast by Application
13.4.1. Smart Home
13.4.2. Medical Devices
13.4.3. Gaming & Video
13.4.4. Office Automation
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Planetary Gearbox Market Size and Volume Forecast by Type
13.7.1. MP
13.7.2. P
13.7.3. LP
13.7.4. MLP
13.7.5. 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 Planetary Gearbox Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Planetary Gearbox Market: Market Share Analysis
14.2. Planetary Gearbox Distributors and Customers
14.3. Planetary Gearbox Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bonfiglioli
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Varvel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. John Deere
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WITTENSTEIN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kahlig Antriebstechnik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nidec-Shimpo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JVL
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TGB Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WMH Herion
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kollmorgen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brevini
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Voith
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rossi Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vogel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Onvio
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. VEX Robotics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Apex Dynamics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Rohloff
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
