Industrial Gearbox market

Industrial Gearbox Market, Global Outlook and Forecast 2023-2029

  • 30 March 2023
  • Manufacturing & Construction
  • 70 Pages
  • Report code : PMR-7622304

  • 4.7 (158)

Industrial Gearbox Market

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Industrial gearboxes or reduction gearboxes, are gearboxes used in the industrial field, which are basically used in basic industries. Generally used in conjunction with a motor, the output speed and torque can be changed through the cooperation between mechanical gears.

Industrial Gearbox Market aims to provide a comprehensive presentation of the global market for Industrial Gearbox, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Gearbox. Industrial Gearbox Market contains market size and forecasts of Industrial Gearbox in global, including the following market information:

Global Industrial Gearbox Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Industrial Gearbox Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Industrial Gearbox companies in 2022 (%)

The global Industrial Gearbox market was valued at US$ 28530 million in 2022 and is projected to reach US$ 37600 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

From the perspective of suppliers, the major global manufacturers include Aisin Seiki, ZF, Jatco, Volkswagen, Magna PT, Sew-Eurodrive, China High Speed Transmission, Siemens, Sumitomo Heavy Industries, Dana, AB, Bonfiglioli and Lake Snow and other companies, the total output value of the first five companies in 2019 accounted for about 28.1% of the total market share. From the perspective of product characteristics and industrial structure, the global industrial gearbox market is relatively fragmented. The global industrial gearbox market is highly competitive, with market leaders such as ZF, Sumitomo Heavy Industries and Siemens.

It is estimated that by 2026, China's industrial gearbox market will account for approximately 30% of the global market.

Among all the application of Industrial Gearbox, the car has the biggest market share of 94%. The wind power market is expected to be the fastest growing industry in the industrial gearbox market.

Industrial Gearbox can be divided into two parts: Single-stage Gearbox and Multi-stage Gearbox, Single-stage Gearbox takes nearly 91% of the market.

We surveyed the Industrial Gearbox manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Gearbox Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Industrial Gearbox Market Segment Percentages, by Type, 2022 (%)

Single-stage Gearbox

Multi-stage Gearbox

Global Industrial Gearbox Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Industrial Gearbox Market Segment Percentages, by Application, 2022 (%)

Construction and Mining Equipment

Car

Wind Power

Food Processing

Agriculture

Other

Global Industrial Gearbox Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Industrial Gearbox Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Industrial Gearbox revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Industrial Gearbox revenues share in global market, 2022 (%)

Key companies Industrial Gearbox sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Industrial Gearbox sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

ZF Friedrichshafen

Sew-Eurodrive

China High Speed Transmission Equipment

Siemens

Sumitomo Heavy Industries

Dana

ABB

Bonfiglioli Group

Rexnord

Regal Beloit Corporation

Cone Drive Operations

Horsburgh & Scott

Curtis Machine Company

Outline of Major Chapters:

Chapter 1: Introduces the definition of Industrial Gearbox, market overview.

Chapter 2: Global Industrial Gearbox market size in revenue and volume.

Chapter 3: Detailed analysis of Industrial Gearbox manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Industrial Gearbox in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Industrial Gearbox capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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