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The industrial rack and pinion market is forecasted to grow by USD 998.6 million during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the industrial rack and pinion market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of industrial manufacturing leading to increase in demand for machine tools, increasing demand for actuators in process industries, and growing investments in military application.
The industrial rack and pinion market is segmented as below:
By Product
- Machine tools
- Linear actuation and guideways
- Material handling
By Type
- Alloy steel
- Carbon steel
- Stainless steel
- Aluminum alloy
- Plastic
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the industrial rack and pinion market covers the following areas:
- Industrial rack and pinion market sizing
- Industrial rack and pinion market forecast
- Industrial rack and pinion market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial rack and pinion market: Apex Dynamics Inc., ATLANTA Antriebssysteme GmbH, B and B Manufacturing Inc., Commercial Gear and Sprocket Co. Inc., GAM Enterprises Inc., Gudel Group AG, HMK Automation Group Ltd., Kohara Gear Industry Co. Ltd., Lomar Machine and Tool Co., MIJNO PRECISION GEARING SAS, Nexen Group Inc., Nidec Corp., P R Components Pvt. Ltd., Pearl Engineers, REDEX Group, Reliance Precision Ltd., Sati SpA, Shri Butbhavani Engineering, Statewide Bearings, and Yuan Yi Chang Machinery Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing demand for stairlifts in offices."
According to the report, one of the major drivers for this market is the growth of industrial manufacturing leading to increase in demand for machine tools.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apex Dynamics Inc.
- ATLANTA Antriebssysteme GmbH
- B and B Manufacturing Inc.
- Commercial Gear and Sprocket Co. Inc.
- GAM Enterprises Inc.
- Gudel Group AG
- HMK Automation Group Ltd.
- Kohara Gear Industry Co. Ltd.
- Lomar Machine and Tool Co.
- MIJNO PRECISION GEARING SAS
- Nexen Group Inc.
- Nidec Corp.
- P R Components Pvt. Ltd.
- Pearl Engineers
- REDEX Group
- Reliance Precision Ltd.
- Sati SpA
- Shri Butbhavani Engineering
- Statewide Bearings
- Yuan Yi Chang Machinery Co. Ltd.