According to FMI, the industrial gearbox market is expected to grow its revenue share from US$ 30.08 billion in 2023 to US$ 47.16 billion by 2033. Throughout the forecast period, the market is anticipated to exhibit a constant CAGR of 4.6%.
Government investments in the expansion of the power-generating industry are driving the demand for the industrial gearbox. Application of industrial gearbox in sectors including agriculture machinery, transportation, and food processing are driving the global industrial gearbox sector growth.
For power applications, manufacturers are concentrating on creating dependable and efficient gearboxes. Additionally, the market players stand to benefit financially from the rising demand for energy-efficient equipment. Industrial gearbox producers are concentrating on creating technologically improved gearboxes, which accelerate market expansion.
The food and beverage sector also impacts the global market. This is attributed to the technological developments in the industrial gearbox sector, such as the creation of smart gearboxes.
The market is anticipated to increase as a result of the rising demand for industrial gearboxes for the automation of industrial processes. In developing countries like India, China, and Brazil, urbanization and industrialization are growing, and so is the adoption of industrial gearboxes. These nations' governments are making significant investments in the construction of their infrastructure, which increases the sales of industrial gearboxes.
The automotive and aerospace industries' rising demand for specialized gearboxes is anticipated to fuel market growth. Also, in the coming years, the market is anticipated to rise due to the trend toward industrial automation and the creation of sophisticated gearboxes.
Attributes
Details
Industrial Gearbox Market CAGR (2023 to 2033)
4.6%
Industrial Gearbox Market Size (2023)
US$ 30.08 billion
Industrial Gearbox Market Size (2033)
US$ 47.16 billion
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Analysis of the Industrial Gearbox Market Transformation: 2016 to 2022 vs. 2023 to 2033
When compared to the 4.3% CAGR recorded between 2016 and 2022, the industrial gearbox business is predicted to expand at a 4.6% CAGR between 2023 and 2033. The slight increase in growth rate can be attributed to the introduction of high-end technologies like AI.
Year
Market Value
2016
US$ 22.27 billion
2021
US$ 27.49 billion
2022
US$ 28.75 billion
2030
US$ 41.21 billion
Short-term Growth (2023 to 2026): The market is anticipated to increase as a result of the rising demand for advanced industrial gearboxes, such as those with better torque capacity and higher power handling ability.
Medium-term Growth (2027 to 2029): It is anticipated that the market is benefiting from industry 4.0's quick adoption, along with other emerging technologies like the internet of things and artificial intelligence throughout this time.
Long-term Growth (2030 to 2033): It is expected that rising industrial activity, notably in the automotive, mining, and oil & gas industries, is likely to fuel the industrial gearbox sector's long-term expansion.
Given the aforementioned reasons, the industrial gearbox sector is predicted to develop by 1.04 times between 2022 and 2023.
Robotics Applications Advance the Industrial Gearbox Market
Due to the growth of the robotics industry, the industrial gearbox business has recently experienced rising demand. To precisely manage the speed and torque of the robotic arms, gearboxes are now required as a result of the integration of robotics into industrial processes.
The need for industrial gearboxes is rising as the robotics sector expands and new technologies become accessible. Industrial gearbox manufacturers now have more prospects due to this technology. Gearboxes can be made to give more precise motion control for industrial processes, with the capacity to precisely regulate the movements of industrial robots.
As a result, industrial gearbox manufacturers are now significant providers of motion control components to the robotics industry. This has enhanced precision and efficiency in industrial processes.
Demand for industrial gearboxes has also been boosted by the development of autonomous robots. Autonomous robots can complete difficult jobs with little to no assistance from humans. This demands precise motion control, which is only possible with industrial gearboxes.
Find your sweet spots for generating winning opportunities in this market.
Smart Manufacturing Crucial for the Global Industry Growth
The market is expected to expand significantly over the next few years, as automation and smart manufacturing become more prevalent. To maximize production, cut costs, and enhance product quality, smart manufacturing entails integrating digital technologies into the manufacturing process.
This involves artificial intelligence (AI), the Internet of Things (IoT), and machine learning. The production process can be monitored and controlled in real time with the use of AI, IoT, and machine learning, which boosts productivity and efficiency.
Industrial gearbox demand is anticipated to increase as smart manufacturing becomes more prevalent since these gearboxes are utilized to regulate the speed and torque of production-related machinery and components. Given that industrial gearboxes are an essential part of the industrial automation process, the adoption of smart manufacturing is predicted to increase demand for these devices.
Comparative View of the Industrial Gearbox Market
Industrial Gearbox Market:
Attributes
Industrial Gearbox Market
CAGR (2023 to 2033)
4.6%
Market Value (2033)
US$ 47.16 billion
Growth Factor
Applications in different sectors
Opportunity
Growing demand for smart manufacturing
Key Trends
Adoption of robotics by many sectors
Industrial Robotics Market:
Attributes
Industrial Robotics Market
CAGR (2023 to 2033)
18.9%
Market Value (2033)
US$ 220 billion
Growth Factor
Immense technological development
Opportunity
Commercialization of technologies
Key Trends
Growing investment in automation processes
Precision Gearbox Machinery Market:
Attributes
Precision Gearbox Machinery Market
CAGR (2023 to 2033)
5.8%
Market Value (2033)
US$ 9.47 billion
Growth Factor
Surging demand for an automation process
Opportunity
Rising demand for agriculture machinery with automated technologies
Key Trends
Aiming at digitized multiple spaces
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Regional Analysis
Country
Market Value (2023)
United Kingdom
US$ 1.29 billion
United States
US$ 2.74 billion
China
US$ 8.59 billion
India
US$ 15.56 billion
Japan
US$ 1.3 billion
Digitalization Emerges as a Key Growth Driver for the United States Market
From 2023 to 2033, the industrial gearbox market in the US is anticipated to expand at a CAGR of 5.1%. The market is anticipated to be driven by the rising demand for industrial gearboxes brought on by the expansion of the manufacturing and process sectors. It is anticipated that the industrial gearbox sector in the United States is likely to experience considerable growth due to the rising demand for sophisticated industrial gearbox technologies. It includes high power density, decreased noise, and extended life duration. It is also anticipated that the market is likely to increase as a result of the growing trend of automation and digitalization in industrial sectors. Additionally, measures to cut energy use and the development of smart factories are anticipated to further accelerate market expansion. However, it is anticipated that the high price of industrial gearboxes and the scarcity of experienced staff is likely to impede market expansion.
Government Initiatives Create Potential Incentives in the Market
From 2023 to 2033, the market in the United Kingdom is anticipated to expand at a CAGR of 5.1%. The necessity for energy efficiency in industrial operations and the rising demand for industrial automation technology are the key drivers of this expansion. With a sizable number of businesses engaged in the industry, including Renold, David Brown, and SEW-Eurodrive, the United Kingdom is one of the top producers of industrial gearboxes in the world. The United Kingdom government has made several actions to encourage the development of the industrial gearbox industry there. This entails offering financial incentives for the use of energy-efficient technologies, like industrial gearboxes, as well as supporting sector-specific research and development initiatives. To help the creation of novel goods and technology in the market, the government has also set up a network of regional innovation hubs.
Asia Pacific: Industrial Gearbox Market's Emerging Automation Hub
Country
India
CAGR (2016 to 2022)
5.1%
CAGR (2023 to 2033)
6.3%
Country
Japan
CAGR (2016 to 2022)
3%
CAGR (2023 to 2033)
4.5%
Country
China
CAGR (2016 to 2022)
10.2%
CAGR (2023 to 2033)
9.5%
Indian Market Outlook
The Indian government has started several projects to encourage the manufacturing of industrial gearboxes in India. For instance, the National Manufacturing Competitiveness Programme (NMCP) has been established to offer small and medium firms (SMEs) in the industrial gearbox industry financial help and technical support.
The Make in India initiative, which the government also announced for the manufacturing industry, has accelerated the expansion of the industrial gearbox sector in India. In addition, several government-sponsored initiatives, including the Startup India Initiative and the Pradhan Mantri MUDRA Yojana (PMMY), are anticipated to fuel the expansion of the industrial gearbox market in India over the next several years.
China Market Outlook
The increased need for industrial gearboxes in industries like oil and gas, manufacturing, and mining is credited with this expansion. Additionally, it is anticipated that the government's emphasis on the development of renewable energy sources like wind and solar power propels the industry.
Key competitors in the industrial gearbox sector in China are concentrating on new product releases and partnerships with regional businesses to take advantage of the expanding demand. To increase the range of products it offers, the Chinese gearbox manufacturer NGC Group partnered with the American industrial firm Rexnord Corporation in April 2020.
Japan Market Outlook
The industrial sector's increased emphasis on energy efficiency and technology developments are the key causes of this expansion. Furthermore, it is anticipated that government programs to encourage the use of green technology, such as renewable energy, increase sales of industrial gearboxes in Japan. In Japan, businesses including Mitsubishi Heavy Industries, Sumitomo Heavy Industries, and Hitachi Ltd. are active in the industrial gearbox sector.
These businesses are concentrating on creating sophisticated gearboxes with increased efficiency and less noise. Additionally, these businesses are concentrating on giving their clients support and after-sales service.
Category Analysis
Which Segments Dominate the Industrial Gearbox Market?
In 2022, the industrial gearbox sector was dominated by the helical industrial gearbox sector. In helical industrial gearboxes, parallel shafts and winding teeth lines are used. They are perfect for elevated applications, as they have teeth that are stronger, seamlessly integrated, and quieter. They can also carry heavier loads.
In 2022, the industrial gearbox sector was dominated by the parallel axis segment based on design. The industrial gearbox with parallel axes has a straightforward mechanism for use in numerous industries. This kind of industrial gearbox operates at low and medium speeds and is very effective. It is commonly used in industries that produce goods.
In 2022, the market was dominated by the power generation sector, based on the end user. The growth of the worldwide market is being driven by the surge in demand for energy and electricity, as well as the increased awareness of renewable energy sources. The need for industrial gearboxes for power generation is being driven by their various advantages, including increased radial and axial load and shorter positioning times.
Competitive Landscape
Competitors Aim for Innovation to have a Strong Foot in the Market
Businesses consistently innovate to offer their clients high-quality goods and services to stay competitive. To keep ahead of their rivals and create new products and innovations, they are spending a lot of money on research and development.
To lower their entire manufacturing costs and maintain their competitiveness, they are also concentrating on cost-cutting initiatives. Companies are also concentrating on extending their geographic reach to acquire access to new markets and clients.
In August 2020, Nidec Corporation produced an automated guided vehicle with a tracking system based on vision. The team at Nidec Committed Shimpo has helped to enhance productivity, automation, and development by focusing on the device, among other things.
Specifically mentioning the PDM460 dual stage gearboxes, Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd received an order for 656 gearboxes in March 2021.
For the Perth Australian subway system, this gearbox was ordered. It was touted that the PDM460 subway gearbox, which was utilized for this order, had great bearing capacity, excellent reliability, and other qualities.
It is therefore perfect for a variety of loads and strong vibrations and can operate in temperatures between -25 and -50 degrees Celsius.
Key players
Bonfiglioli SPA
Sumitomo Heavy Industries
SEW Eurodrive
Nidec Motor Corporation
Bauer Gear GmbH
Emerson Electric
Elecon Engineering Co. Ltd
Dana Brevini Power Transmission
Johnson Electric Holding Limited
Flender GmbH
Comer Industries S.p.A.
China High-Speed Transmission Equipment Group Co., Ltd
Key segments
By Type:
Helical
Planetary
Bevel
Worm
Spur (in-line)
By Design
Parallel Axis
Angular Axis
Others
By End User
Material Handling
Construction
Power Generation
Mining
Food & Beverage
Manufacturing Industry
Packaging & Labeling
Others
By Region
North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa
Frequently Asked Questions
How Big is the Industrial Gearbox Market?
The industrial gearbox market size reaches US$ 30.08 billion in 2023.
What is the Industrial Gearbox Market Forecast?
The industrial gearbox market is set to surge at a 4.6% CAGR, reaching a noteworthy valuation of US$ 47.16 billion by 2033.
What was the Industrial Gearbox Market's Past Record like?
The industrial gearbox market demonstrated a 4.3% CAGR from 2018 to 2022.
What Key Opportunities does the Industrial Gearbox Market Present for Stakeholders?
The industrial gearbox market offers stakeholders opportunities in automation, renewable energy integration, and customized solutions.
Which Country Exhibits Significant Profitability Potential for Industrial Gearbox?
India industrial gearbox market is lucrative, foreseeing a US$ 15.56 billion revenue potential by 2033, fueled by robust manufacturing and automation emphasis.
Table of Content
1. Executive Summary | Industrial Gearbox Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2023 to 2033
5.3.1. Worm Gearbox
5.3.2. Helical Gearbox
5.3.3. Bevel Helical Gearbox
5.3.4. Planetary Gearbox
5.3.5. Screw Gearbox
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Design
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Design, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Design, 2023 to 2033
6.3.1. Parallel Axis
6.3.2. Angled Axis
6.4. Y-o-Y Growth Trend Analysis By Design, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Design, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User, 2023 to 2033
7.3.1. Material Handling
7.3.2. Automotive
7.3.3. Construction
7.3.4. Power Generation
7.3.5. Mining
7.3.6. Food & Beverages
7.3.7. Manufacturing Industry
7.3.8. Agriculture
7.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Type
9.2.3. By Design
9.2.4. By End User
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Design
9.3.4. By End User
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Type
10.2.3. By Design
10.2.4. By End User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Design
10.3.4. By End User
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Type
11.2.3. By Design
11.2.4. By End User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Design
11.3.4. By End User
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Singapore
12.2.1.5. Thailand
12.2.1.6. Indonesia
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia Pacific
12.2.2. By Type
12.2.3. By Design
12.2.4. By End User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Design
12.3.4. By End User
12.4. Key Takeaways
13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Type
13.2.3. By Design
13.2.4. By End User
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Design
13.3.4. By End User
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2022
14.1.2.1. By Type
14.1.2.2. By Design
14.1.2.3. By End User
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2022
14.2.2.1. By Type
14.2.2.2. By Design
14.2.2.3. By End User
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2022
14.3.2.1. By Type
14.3.2.2. By Design
14.3.2.3. By End User
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2022
14.4.2.1. By Type
14.4.2.2. By Design
14.4.2.3. By End User
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2022
14.5.2.1. By Type
14.5.2.2. By Design
14.5.2.3. By End User
14.6. United Kingdom
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2022
14.6.2.1. By Type
14.6.2.2. By Design
14.6.2.3. By End User
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2022
14.7.2.1. By Type
14.7.2.2. By Design
14.7.2.3. By End User
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2022
14.8.2.1. By Type
14.8.2.2. By Design
14.8.2.3. By End User
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2022
14.9.2.1. By Type
14.9.2.2. By Design
14.9.2.3. By End User
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2022
14.10.2.1. By Type
14.10.2.2. By Design
14.10.2.3. By End User
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2022
14.11.2.1. By Type
14.11.2.2. By Design
14.11.2.3. By End User
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2022
14.12.2.1. By Type
14.12.2.2. By Design
14.12.2.3. By End User
14.13. Singapore
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2022
14.13.2.1. By Type
14.13.2.2. By Design
14.13.2.3. By End User
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2022
14.14.2.1. By Type
14.14.2.2. By Design
14.14.2.3. By End User
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2022
14.15.2.1. By Type
14.15.2.2. By Design
14.15.2.3. By End User
14.16. Australia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2022
14.16.2.1. By Type
14.16.2.2. By Design
14.16.2.3. By End User
14.17. New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2022
14.17.2.1. By Type
14.17.2.2. By Design
14.17.2.3. By End User
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2022
14.18.2.1. By Type
14.18.2.2. By Design
14.18.2.3. By End User
14.19. South Africa
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2022
14.19.2.1. By Type
14.19.2.2. By Design
14.19.2.3. By End User
14.20. Israel
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2022
14.20.2.1. By Type
14.20.2.2. By Design
14.20.2.3. By End User
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Type
15.3.3. By Design
15.3.4. By End User
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Watt Drive Antriebstechnik GmbH
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Nidec Motor Corporation
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Dana Brevini Power Transmission
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. China High Speed Transmission Equipment Group Co. Ltd
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Johnson Electric Holdings Limited
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Sumitomo Heavy Industries Ltd.
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Bondioli and Pavesi S.p.A.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Emerson Electric Co.
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Comer Industries
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. SEW Eurodrive
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used18. Research Methodology
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Type, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Design, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Design, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 8: Global Market Volume (Units) Forecast by End User, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Type, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Design, 2018 to 2033
Table 14: North America Market Volume (Units) Forecast by Design, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 16: North America Market Volume (Units) Forecast by End User, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 20: Latin America Market Volume (Units) Forecast by Type, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Design, 2018 to 2033
Table 22: Latin America Market Volume (Units) Forecast by Design, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 24: Latin America Market Volume (Units) Forecast by End User, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 28: Europe Market Volume (Units) Forecast by Type, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Design, 2018 to 2033
Table 30: Europe Market Volume (Units) Forecast by Design, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 32: Europe Market Volume (Units) Forecast by End User, 2018 to 2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 36: Asia Pacific Market Volume (Units) Forecast by Type, 2018 to 2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Design, 2018 to 2033
Table 38: Asia Pacific Market Volume (Units) Forecast by Design, 2018 to 2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 40: Asia Pacific Market Volume (Units) Forecast by End User, 2018 to 2033
Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: MEA Market Volume (Units) Forecast by Country, 2018 to 2033
Table 43: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 44: MEA Market Volume (Units) Forecast by Type, 2018 to 2033
Table 45: MEA Market Value (US$ Million) Forecast by Design, 2018 to 2033
Table 46: MEA Market Volume (Units) Forecast by Design, 2018 to 2033
Table 47: MEA Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 48: MEA Market Volume (Units) Forecast by End User, 2018 to 2033
Find your sweet spots for generating winning opportunities in this market.
List of Charts
Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Design, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by End User, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 10: Global Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Design, 2018 to 2033
Figure 14: Global Market Volume (Units) Analysis by Design, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Design, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Design, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 18: Global Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 21: Global Market Attractiveness by Type, 2023 to 2033
Figure 22: Global Market Attractiveness by Design, 2023 to 2033
Figure 23: Global Market Attractiveness by End User, 2023 to 2033
Figure 24: Global Market Attractiveness by Region, 2023 to 2033
Figure 25: North America Market Value (US$ Million) by Type, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Design, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by End User, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 34: North America Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Design, 2018 to 2033
Figure 38: North America Market Volume (Units) Analysis by Design, 2018 to 2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Design, 2023 to 2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Design, 2023 to 2033
Figure 41: North America Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 42: North America Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 43: North America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 45: North America Market Attractiveness by Type, 2023 to 2033
Figure 46: North America Market Attractiveness by Design, 2023 to 2033
Figure 47: North America Market Attractiveness by End User, 2023 to 2033
Figure 48: North America Market Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Market Value (US$ Million) by Type, 2023 to 2033
Figure 50: Latin America Market Value (US$ Million) by Design, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by End User, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 58: Latin America Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Design, 2018 to 2033
Figure 62: Latin America Market Volume (Units) Analysis by Design, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Design, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Design, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 66: Latin America Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Type, 2023 to 2033
Figure 70: Latin America Market Attractiveness by Design, 2023 to 2033
Figure 71: Latin America Market Attractiveness by End User, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 73: Europe Market Value (US$ Million) by Type, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) by Design, 2023 to 2033
Figure 75: Europe Market Value (US$ Million) by End User, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 82: Europe Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 85: Europe Market Value (US$ Million) Analysis by Design, 2018 to 2033
Figure 86: Europe Market Volume (Units) Analysis by Design, 2018 to 2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Design, 2023 to 2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Design, 2023 to 2033
Figure 89: Europe Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 90: Europe Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 93: Europe Market Attractiveness by Type, 2023 to 2033
Figure 94: Europe Market Attractiveness by Design, 2023 to 2033
Figure 95: Europe Market Attractiveness by End User, 2023 to 2033
Figure 96: Europe Market Attractiveness by Country, 2023 to 2033
Figure 97: Asia Pacific Market Value (US$ Million) by Type, 2023 to 2033
Figure 98: Asia Pacific Market Value (US$ Million) by Design, 2023 to 2033
Figure 99: Asia Pacific Market Value (US$ Million) by End User, 2023 to 2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 106: Asia Pacific Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Design, 2018 to 2033
Figure 110: Asia Pacific Market Volume (Units) Analysis by Design, 2018 to 2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Design, 2023 to 2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Design, 2023 to 2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 114: Asia Pacific Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 117: Asia Pacific Market Attractiveness by Type, 2023 to 2033
Figure 118: Asia Pacific Market Attractiveness by Design, 2023 to 2033
Figure 119: Asia Pacific Market Attractiveness by End User, 2023 to 2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: MEA Market Value (US$ Million) by Type, 2023 to 2033
Figure 122: MEA Market Value (US$ Million) by Design, 2023 to 2033
Figure 123: MEA Market Value (US$ Million) by End User, 2023 to 2033
Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: MEA Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: MEA Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 130: MEA Market Volume (Units) Analysis by Type, 2018 to 2033
Figure 131: MEA Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 133: MEA Market Value (US$ Million) Analysis by Design, 2018 to 2033
Figure 134: MEA Market Volume (Units) Analysis by Design, 2018 to 2033
Figure 135: MEA Market Value Share (%) and BPS Analysis by Design, 2023 to 2033
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Design, 2023 to 2033
Figure 137: MEA Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 138: MEA Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 139: MEA Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 140: MEA Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 141: MEA Market Attractiveness by Type, 2023 to 2033
Figure 142: MEA Market Attractiveness by Design, 2023 to 2033
Figure 143: MEA Market Attractiveness by End User, 2023 to 2033
Figure 144: MEA Market Attractiveness by Country, 2023 to 2033
