Market Overview:
The global right-angle gear reducers 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 automobiles and commercial vehicles, and rising adoption of right-angle gear reducers in agricultural applications. Based on type, the global right-angle gear reducers market is segmented into bevel gear reducers, worm gear reducer, and helical gear reducer. Bevel Gear Reducers are expected to account for a major share of the global market due to their high efficiency and compact size.S., Germany, France, Italy etc.
Product Definition:
A right-angle gear reducer is a type of gearbox that uses a set of gears to reduce the speed and torque of an input shaft by 90 degrees. This type of gearbox is often used in applications where space is limited or where the output shaft needs to be positioned at a right angle to the input shaft. Right-angle gear reducers are important because they allow for more compact designs and can be used in a variety of applications.
Bevel Gear Reducers:
Bevel gear reducers are used to reduce the speed of a rotating member relative to another rotating or non-rotating member. The bevel gear reducers have applications in various industries such as automotive, aerospace and defense, construction equipment, material handling equipment among others. In the automotive industry it is used for reduction of speed of drive wheels in order to reduce noise and friction generated due to their rotation.
Worm Gear Reducer:
Worm gear reducers are used to reduce the number of teeth engaged in the right-angle gear reducer. The reduction in the number of teeth increases efficiency and reduces power loss.
The most common application for aworm gear reducer is to use it as an input clutch when using a spur or hypoid drive, where high torque is required at low speed.
Application Insights:
The cars and commercial vehicles segment dominated the global market in 2017. The growth of this segment is attributed to the increasing production of passenger cars and light commercial vehicles (LCVs) in developing countries, such as India, China, Thailand, Indonesia, etc. LCV sales are expected to increase by around 10% from 2018 to 2019 globally owing to their ability to carry more passengers and load weight. This trend is likely drive the demand for right-angle gear reducers over the forecast period.
Agricultural applications include farm machinery with agricultural engines or tractors that have a transmission system with multiple reduction gears for transmitting power from an engine shaft via a driveshaft into two or more rotating components; these include implements such as tillers and cultivators among others. These types of agricultural equipment require large gear reductions due bothto high power requirements as well as torque requirements needed for operating these machines effectively on farms worldwide.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth is attributed to the presence of major automotive manufacturers such as General Motors, Ford, and Chrysler who are using these products for gear reduction applications. In addition, growing demand for light weight vehicles coupled with stringent CAFE regulations is expected to drive the regional product demand over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to rising industrialization and increasing adoption of electric vehicles in countries such as China and India. Countries like Japan have been observed making high investments towards R&D activities related Gear Reduction Device (GRD) which has led them at par with North America region when it comes Gear Reducers Market Size & Trend Analysis in 2018’s ranking table.
Growth Factors:
- Increasing demand from the automotive industry for right-angle gear reducers to improve fuel efficiency and performance.
- Growing demand for right-angle gear reducers in the industrial sector due to their compact size, high torque density, and ability to handle high shock loads.
- Rising popularity of electric vehicles, which require efficient and reliable right-angle gear reducers for power transmission.
- Rapid growth of the robotics industry, which is fueling demand for smaller and more powerful right-angle gear reducers.
- Technological advancements that are making right-angle gear reducers more efficient and durable, thereby increasing their adoption across various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Right-angle Gear Reducers Market Research Report
By Type
Bevel Gear Reducers, Worm Gear Reducer, Helical Gear Reducers
By Application
Cars, Commercial Vehicles, Agricultural
By Companies
Varitron, EGT Eppinger Getriebe Technologie, Fixedstar, Nabtesco Precision, SUMITOMO Drive Technologies, Taixing, Transmission Machinery, Rotork plc, CDS Corporation, ONVIO
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Right-angle Gear Reducers Market Report Segments:
The global Right-angle Gear Reducers market is segmented on the basis of:
Types
Bevel Gear Reducers, Worm Gear Reducer, Helical Gear Reducers
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
Cars, Commercial Vehicles, Agricultural
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:
- Varitron
- EGT Eppinger Getriebe Technologie
- Fixedstar
- Nabtesco Precision
- SUMITOMO Drive Technologies
- Taixing
- Transmission Machinery
- Rotork plc
- CDS Corporation
- ONVIO
Highlights of The Right-angle Gear Reducers 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 Reducers
- Worm Gear Reducer
- Helical Gear Reducers
- By Application:
- Cars
- Commercial Vehicles
- Agricultural
- 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 Right-angle Gear Reducers 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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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?
Right-angle gear reducers are a type of reducer that reduce the size of a gear by 90 degrees. They are used to reduce the size of gears in order to make them fit into smaller spaces or to increase the speed at which a gear can rotate.
Some of the major players in the right-angle gear reducers market are Varitron, EGT Eppinger Getriebe Technologie, Fixedstar, Nabtesco Precision, SUMITOMO Drive Technologies, Taixing, Transmission Machinery, Rotork plc, CDS Corporation, ONVIO.
The right-angle gear reducers 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. Right-angle Gear Reducers 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. Right-angle Gear Reducers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Right-angle Gear Reducers Market - Supply Chain
4.5. Global Right-angle Gear Reducers Market Forecast
4.5.1. Right-angle Gear Reducers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Right-angle Gear Reducers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Right-angle Gear Reducers Market Absolute $ Opportunity
5. Global Right-angle Gear Reducers 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. Right-angle Gear Reducers Market Size and Volume Forecast by Type
5.3.1. Bevel Gear Reducers
5.3.2. Worm Gear Reducer
5.3.3. Helical Gear Reducers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Right-angle Gear Reducers 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. Right-angle Gear Reducers Market Size and Volume Forecast by Application
6.3.1. Cars
6.3.2. Commercial Vehicles
6.3.3. Agricultural
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Right-angle Gear Reducers 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. Right-angle Gear Reducers 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 Right-angle Gear Reducers 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. Right-angle Gear Reducers 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 Right-angle Gear Reducers Demand Share Forecast, 2019-2029
9. North America Right-angle Gear Reducers 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 Right-angle Gear Reducers 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 Right-angle Gear Reducers Market Size and Volume Forecast by Application
9.4.1. Cars
9.4.2. Commercial Vehicles
9.4.3. Agricultural
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Right-angle Gear Reducers Market Size and Volume Forecast by Type
9.7.1. Bevel Gear Reducers
9.7.2. Worm Gear Reducer
9.7.3. Helical Gear Reducers
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 Right-angle Gear Reducers Demand Share Forecast, 2019-2029
10. Latin America Right-angle Gear Reducers 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 Right-angle Gear Reducers 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 Right-angle Gear Reducers Market Size and Volume Forecast by Application
10.4.1. Cars
10.4.2. Commercial Vehicles
10.4.3. Agricultural
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Right-angle Gear Reducers Market Size and Volume Forecast by Type
10.7.1. Bevel Gear Reducers
10.7.2. Worm Gear Reducer
10.7.3. Helical Gear Reducers
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 Right-angle Gear Reducers Demand Share Forecast, 2019-2029
11. Europe Right-angle Gear Reducers 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 Right-angle Gear Reducers 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 Right-angle Gear Reducers Market Size and Volume Forecast by Application
11.4.1. Cars
11.4.2. Commercial Vehicles
11.4.3. Agricultural
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Right-angle Gear Reducers Market Size and Volume Forecast by Type
11.7.1. Bevel Gear Reducers
11.7.2. Worm Gear Reducer
11.7.3. Helical Gear Reducers
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 Right-angle Gear Reducers Demand Share, 2019-2029
12. Asia Pacific Right-angle Gear Reducers 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 Right-angle Gear Reducers 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 Right-angle Gear Reducers Market Size and Volume Forecast by Application
12.4.1. Cars
12.4.2. Commercial Vehicles
12.4.3. Agricultural
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Right-angle Gear Reducers Market Size and Volume Forecast by Type
12.7.1. Bevel Gear Reducers
12.7.2. Worm Gear Reducer
12.7.3. Helical Gear Reducers
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 Right-angle Gear Reducers Demand Share, 2019-2029
13. Middle East & Africa Right-angle Gear Reducers 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 Right-angle Gear Reducers 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 Right-angle Gear Reducers Market Size and Volume Forecast by Application
13.4.1. Cars
13.4.2. Commercial Vehicles
13.4.3. Agricultural
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Right-angle Gear Reducers Market Size and Volume Forecast by Type
13.7.1. Bevel Gear Reducers
13.7.2. Worm Gear Reducer
13.7.3. Helical Gear Reducers
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 Right-angle Gear Reducers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Right-angle Gear Reducers Market: Market Share Analysis
14.2. Right-angle Gear Reducers Distributors and Customers
14.3. Right-angle Gear Reducers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Varitron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EGT Eppinger Getriebe Technologie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fixedstar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nabtesco Precision
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SUMITOMO Drive Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Taixing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Transmission Machinery
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rotork plc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CDS Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ONVIO
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