The Use of Additive Manufacturing in Gear and Gearing Component Production is a Key Trend Gaining Market Momentum
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The gear manufacturing market is forecasted to grow by USD 127.7 billion during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the gear manufacturing 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 adoption of industrial automation, growing investments in renewable energy, and resurgence of investments in oil and gas sector.
The gear manufacturing market is segmented as below:
By Product
- Worm gear
- Bevel gear
- Others
By End-user
- Oil and gas industry
- Power industry
- Automotive
- Spur gear and others
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the gear manufacturing market covers the following areas:
- Gear manufacturing market sizing
- Gear manufacturing market forecast
- Gear manufacturing 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 End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global gear manufacturing market: Bharat Gears Ltd., Bondioli and Pavesi Spa, Bonfiglioli Riduttori Spa, Comer Industries Spa, Curtis Machine Co. Inc., Dana Inc., DB Santasalo Sarl, Eaton Corp. Plc, Elecon Engineering Co. Ltd., Emerson Electric Co., FLSmidth and Co. AS, Johnson Electric Holdings Ltd., KLINGELNBERG GmbH, Regal Rexnord Corp., Rotork Plc, SEW-EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., WEG S.A, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of additive manufacturing in gear and gearing component production."
According to the report, one of the major drivers for this market is the adoption of industrial automation.
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:
- Bharat Gears Ltd.
- Bondioli and Pavesi Spa
- Bonfiglioli Riduttori Spa
- Comer Industries Spa
- Curtis Machine Co. Inc.
- Dana Inc.
- DB Santasalo Sarl
- Eaton Corp. Plc
- Elecon Engineering Co. Ltd.
- Emerson Electric Co.
- FLSmidth and Co. AS
- Johnson Electric Holdings Ltd.
- KLINGELNBERG GmbH
- Regal Rexnord Corp.
- Rotork Plc
- SEW-EURODRIVE GmbH and Co KG
- Siemens AG
- Sumitomo Heavy Industries Ltd.
- WEG S.A
- ZF Friedrichshafen AG
