Market Overview:
The Global Skew Gears Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for skew gears in construction and automotive machinery applications. Asia Pacific is expected to be the fastest-growing region during the forecast period, owing to the growing industrialization and urbanization in countries such as China and India. The global skew gears market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into hypoid gear, worm gear, spiral bevel gear, helical gear, herringbone gear etc. Hypoid Gear are made up of frustums hyperboloids revolution these gears are not interchangeable with other types of gears whereas Worm Gears are used connect skewed shafts but not necessarily at right angles these teeth on worm gearing cut continuously like screw threads on a worm wheel this combination known as Worm Wheel .
Product Definition:
Skew gears are a type of gear which has its axes at an angle to each other. This angle is usually around 30 degrees, but can be any value. The purpose of skew gears is to transmit motion between two shafts that are not aligned with each other. This is done by having one or more pairs of skew gears mesh together.
Hypoid Gear:
Hypoid gear is a ratio type of gears, where the teeth of one gear are mounted on the outer rim of another gear. The hypoid gears have applications in various industries such as automotive, aerospace and defense, construction equipment and material handling equipment among others. Hypoid gears are widely used in helicopters because they provide high accuracy when it comes to rotational speed measurement.
The global hypoidgear market size was valued at USD 1.91 billion in 2016.
Worm Gear:
Worm gear is a type of gear that consists of two or more interlocking teeth. The shape of the teeth is generally round and they are designed to fit together like a nut with an axle attached to it. The most common example of this would be the gears in your transmission that allow you to change gears by spinning the tires.
Application Insights:
The construction machinery segment led the global skew gears market in 2017. The growth can be attributed to the increasing demand for construction equipment such as backhoe loaders, dragline excavators and skid steer loaders across various regions including North America, Europe, Asia Pacific and Middle East & Africa. These machines require a high amount of torque at low speeds for their efficient operation., Automotive Machinery is projected to grow at a CAGR of XX% from 2018 to 2030 owing to increased production levels of passenger cars and LCVs worldwide., Other applications include industrial machinery such as forklifts with up to 15% additional cost involved in shipping compared with that for trucks., Skew gears are used where maximum efficiency is required while minimizing costs associated with manufacturing or purchasing replacement parts., Teeth on worm gear are cut continuously like the threads on a screw.; The gear meshing with the worm wheel is known as worm wheel; combination is known asworm &worm wheel.
Regional Analysis:
Asia Pacific dominated the global skew gears market in 2017 and is expected to continue over the forecast period. The growth of this region can be attributed to rising industrialization, increasing construction activities, and growing automotive industry., In terms of revenue, Asia Pacific is followed by Europe which accounted for a share of more than 30% in 2017. Germany being one of the major countries in Europe has witnessed significant growth due to its strong presence across several industries including automotive., food processing & packaging machinery manufacturing, heavy machinery manufacturing., etc.
The North America regional market also held a considerable share owing to its strong presence across several industries including construction equipment manufacturing (cement mixers & road roller), mining equipment manufacturing (earth-moving machines), oil & gas exploration drilling rigs) that require high precision gearing solutions., etc.), Teeth on worm gear are cut continuously like the threads on a screw.; The gear meshing with the worm wheel.
Growth Factors:
- Increasing demand from the automotive industry for Skew Gears owing to their ability to transmit high torque and power
- Growing popularity of electric vehicles, which require gears with low backlash and high torque capacity
- Rising demand for precision gears in medical equipment and other industrial applications
- Technological advancements that have led to the development of new types of Skew Gears, such as spiral bevel gears, hypoid gears, etc.
- The increasing trend of miniaturization in electronics and other industries that is driving the need for smaller yet more powerful gearboxes
Scope Of The Report
Report Attributes
Report Details
Report Title
Skew Gears Market Research Report
By Type
Hypoid Gear, Worm Gear, , The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable., , The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
By Application
Construction Machinery, Automotive Machinery
By Companies
B and R Machine and Gear Corporation, STM Spa, Richmann Walsh Engineering Ltd, C-Mac Industries (Aust) Co-operative Ltd, Iwasa Tech Co Ltd, Botou Fortune Machinery And Packing Co., Ltd., Dongguan Xiexu Hardware Products Limited, Luoyang Yile Machinery Co., Ltd.
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 Skew Gears Market Report Segments:
The global Skew Gears market is segmented on the basis of:
Types
Hypoid Gear, Worm Gear, , The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable., , The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
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
Construction Machinery, Automotive Machinery
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:
- B and R Machine and Gear Corporation
- STM Spa
- Richmann Walsh Engineering Ltd
- C-Mac Industries (Aust) Co-operative Ltd
- Iwasa Tech Co Ltd
- Botou Fortune Machinery And Packing Co., Ltd.
- Dongguan Xiexu Hardware Products Limited
- Luoyang Yile Machinery Co., Ltd.
Highlights of The Skew Gears 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:
- Hypoid Gear
- Worm Gear
- The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
- The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
- By Application:
- Construction Machinery
- Automotive Machinery
- 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 Skew Gears 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?
Skew gears are a type of gear that have their axes of rotation at an angle to each other. This allows the gears to rotate in opposite directions, which helps to reduce friction and increase efficiency.
Some of the major companies in the skew gears market are B and R Machine and Gear Corporation, STM Spa, Richmann Walsh Engineering Ltd, C-Mac Industries (Aust) Co-operative Ltd, Iwasa Tech Co Ltd, Botou Fortune Machinery And Packing Co., Ltd., Dongguan Xiexu Hardware Products Limited, Luoyang Yile Machinery Co., Ltd..
The skew gears market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skew Gears 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. Skew Gears Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skew Gears Market - Supply Chain
4.5. Global Skew Gears Market Forecast
4.5.1. Skew Gears Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skew Gears Market Size (000 Units) and Y-o-Y Growth
4.5.3. Skew Gears Market Absolute $ Opportunity
5. Global Skew Gears 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. Skew Gears Market Size and Volume Forecast by Type
5.3.1. Hypoid Gear
5.3.2. Worm Gear
5.3.4. The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
5.3.6. The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Skew Gears 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. Skew Gears Market Size and Volume Forecast by Application
6.3.1. Construction Machinery
6.3.2. Automotive Machinery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Skew Gears 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. Skew Gears 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 Skew Gears 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. Skew Gears 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 Skew Gears Demand Share Forecast, 2019-2026
9. North America Skew Gears 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 Skew Gears 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 Skew Gears Market Size and Volume Forecast by Application
9.4.1. Construction Machinery
9.4.2. Automotive Machinery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Skew Gears Market Size and Volume Forecast by Type
9.7.1. Hypoid Gear
9.7.2. Worm Gear
9.7.4. The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
9.7.6. The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
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 Skew Gears Demand Share Forecast, 2019-2026
10. Latin America Skew Gears 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 Skew Gears 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 Skew Gears Market Size and Volume Forecast by Application
10.4.1. Construction Machinery
10.4.2. Automotive Machinery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Skew Gears Market Size and Volume Forecast by Type
10.7.1. Hypoid Gear
10.7.2. Worm Gear
10.7.4. The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
10.7.6. The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
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 Skew Gears Demand Share Forecast, 2019-2026
11. Europe Skew Gears 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 Skew Gears 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 Skew Gears Market Size and Volume Forecast by Application
11.4.1. Construction Machinery
11.4.2. Automotive Machinery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Skew Gears Market Size and Volume Forecast by Type
11.7.1. Hypoid Gear
11.7.2. Worm Gear
11.7.4. The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
11.7.6. The Worm Gears are used to connect skewed shafts, but not necesarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
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 Skew Gears Demand Share, 2019-2026
12. Asia Pacific Skew Gears 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 Skew Gears 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 Skew Gears Market Size and Volume Forecast by Application
12.4.1. Construction Machinery
12.4.2. Automotive Machinery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Skew Gears Market Size and Volume Forecast by Type
12.7.1. Hypoid Gear
12.7.2. Worm Gear
12.7.4. The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
12.7.6. The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
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 Skew Gears Demand Share, 2019-2026
13. Middle East & Africa Skew Gears 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 Skew Gears 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 Skew Gears Market Size and Volume Forecast by Application
13.4.1. Construction Machinery
13.4.2. Automotive Machinery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Skew Gears Market Size and Volume Forecast by Type
13.7.1. Hypoid Gear
13.7.2. Worm Gear
13.7.4. The Hypoid Gears are made of the frusta of hyperboloids of revolution. Two matching hypoid gears are made by revolving the same line of contact, these gears are not interchangeable.
13.7.6. The Worm Gears are used to connect skewed shafts, but not necessarily at right angles. Teeth on worm gear are cut continuously like the threads on a screw. The gear meshing with the worm gear is known as worm wheel and combination is known as worm and worm wheel.
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 Skew Gears Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Skew Gears Market: Market Share Analysis
14.2. Skew Gears Distributors and Customers
14.3. Skew Gears Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. B and R Machine and Gear Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. STM Spa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Richmann Walsh Engineering Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. C-Mac Industries (Aust) Co-operative Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Iwasa Tech Co Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Botou Fortune Machinery And Packing Co., Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongguan Xiexu Hardware Products Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Luoyang Yile Machinery Co., Ltd.
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
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