736 , Shakti Khund III , New Delhi
+1778-732-2565

Global Industrial Gearbox Market By Type (Planetary, Helical, Others), By Design (Spur, Worm, Others), By Application (Parallel Axis, Angular Axis, Others), End User (Marine, Chemical, Others), By Region–Forecast & Opportunities to 2026

The global industrial gearbox market accounted for a value of USD 29.9 billion in 2019. Industrial gearbox market is projected to register growth at a CAGR of 3.9% during forecast period.

COVID-19 has impacted all the businesses over globe. The supply chain of raw materials and finished products is disrupted due to travel restrictions. The automotive manufacturing facilities have shut or halt their production activities and others industries also halted their plants which leads to decline in growth of industrial gearbox during the COVID-19.

Definition:

Industrial gearbox can be defined as an enclosed system which is used to transmit mechanical energy to an output device. It s located at the junction of the motor and power shaft. Industrial equipments and products requires industrial gearbox for their functioning. These gearboxes can modified their torque, speed and various attributes to covert energy into a useable format.

Market Dynamics (Drivers/Opportunities):

The growth of automation in manufacturing industries such as food processing, agriculture machinery and automobile is increasing rapidly around the world. All these industries are moving towards automation which uses gearbox for functioning. This drives growth in industrial gearbox during forecast period.

The investments are increasing in renewable power generation sector. The power generation plants utilizes industrial gearbox for their functioning. The need for clean energy sources and efficient energy gearbox is increasing rapidly across various verticals around the globe. This drives growth in industrial gearbox market during forecast period.

Market Insights, by Type

On the basis of type, the industrial gearbox market is segmented into planetary, helical, bevel, spur, worm and others. The worm gears segment is estimated to hold largest market share during forecast period. The growing automation in various industries is responsible for high demand of worm gears. This drives growth in worm gears segment during forecast period.

Market Insights, by Design

On the basis of design, the industrial gearbox market is segmented into parallel axis, angular axis and others. The parallel segment is estimated to account for largest market share during forecast period. The helical and planetary gears are manufactured using parallel axis design which account for major market share. The demand for parallel axis gear is higher due to high demand of planetary and helical gears. This drives growth in parallel axis design segment during forecast period.

Market Insights, by End-User

On the basis of end-user, the industrial gearbox market is segmented into cement & aggregate, chemical, wind power, rubber & plastic, construction, food & beverage, marine, automotive, agriculture, transport industry, recreational vehicle, power generation, metal & mining, material handling and others. The wind power segment is estimated to be fastest growing segment in the industrial gearbox market during forecast period. The investment is increasing in this in installation of such power plants due to large demand of renewable power generation. This is likely to drive growth in this segment during forecast period.

Regional Insights

Asia-Pacific region is estimated to hold largest market share during forecast period. The installation of automated renewable power generation facilities is higher in this region. China and Japan are considered as largest manufacturing countries in the world. The installation of wind power and other automated projects are increasing in this region and this is likely to drive growth in Asia-Pacific region during forecast period.

Key Companies & Market Share Insights

The key market players in industrial gearbox market are Emerson Electric co., Johnson Electric Holdings Ltd., Siemens AG, Sumitomo Heavy industries Ltd., Watt Drive Weg Group, Sew-Eurodrive, GKN Off-Highway Powertrain, ABB, Bauer Gear Motor, Bondioli & Pavesi, Dana Brevini, Bonfiglioli, Comer Industries, Elecon Engineering and China High Speed Transmission Equipement Group.

Segments Covered in the Report

This report forecasts The Global Industrial Gearbox Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global industrial gearbox market report on the basis of type, design and application.

Industrial Gearbox Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Industrial Gearbox Market, By Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Planetary
  • Helical
  • Bevel
  • Spur
  • Worm
  • Others
  1. Industrial Gearbox Market, By Design, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Parallel Axis
  • Angular Axis
  • Others
  1. Industrial Gearbox Market, By End-User, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Cement & Aggregate
  • Chemical
  • Wind Power
  • Rubber & Plastic
  • Construction
  • Food & Beverage
  • Marine
  • Automotive
  • Agriculture
  • Transport Industry
  • Recreational Vehicle
  • Power Generation
  • Metal & Mining
  • Material Handling
  • Others
  1. Industrial Gearbox Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Type
    • By Design
    • By End-User
    • By Country
      • USA
        • By End-User
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Type
      • By Design
      • By End-User
      • By Country
        • Brazil
          • By End-User
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Type
        • By Design
        • By End-User
        • By Country
          • UK
            • By End-User
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Type
          • By Design
          • By End-User
          • By Country
            • China
              • By End-User
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Type
            • By Design
            • By End-User
            • By Country
              • Saudi Arabia
                • By End-User
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Elecon Engineering
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • Emerson Electric co.
    • Johnson Electric Holdings Ltd.
    • Siemens AG
    • Sumitomo Heavy industries Ltd.
    • Watt Drive Weg Group
    • Sew-Eurodrive
    • GKN Off-Highway Powertrain
    • ABB
    • Bauer Gear Motor
    • Bondioli & Pavesi
    • Dana Brevini
    • Bonfiglioli
    • Comer Industries
    • China High Speed Transmission Equipment Group.
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations