Gear Manufacturing Market Expected to Grow USD 73.66 Billion by 2026, Adoption of Industrial Automation to Drive Market Growth

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NEW YORK, October 13, 2022 /PRNewswire/ — The gear manufacturing market the size should increase by $73.66 billion from 2021 to 2026, according to Technavio. Factors such as the adoption of industrial automation and growing investments in renewable energy will provide immense opportunities for growth. To take advantage of current opportunities, market vendors need to strengthen their presence in fast-growing segments, while maintaining their positions in slow-growing segments. The gear manufacturing market is fragmented and the degree of fragmentation will accelerate during the forecast period. Request a free sample report.

Gear manufacturing market segmentation

  • Product
    • endless screw
    • bevel gear
    • Others
  • Final user
    • oil and gas industry
    • Energy industry
    • Automotive
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • AEM
    • South America

APAC will account for 40% of market growth. Major markets in APAC for gear manufacturing are China and Japan. The market in this region will grow faster than the markets in North Americathe Middle Eastand South America combined. To achieve emission targets and reduce environmental pollution, China and India are rapidly increasing their capacity for renewable energy sources. China and India have the capacity to generate more than 6,500 TWh of offshore wind energy, according to the IEA. Buy a sample report.

Gear Manufacturing Market Vendor Analysis and Scope

Some of the major vendors in the industrial machinery industry gear manufacturing market include DB Santasalo Sarl, Emerson Electric Co., Johnson Electric Holdings Ltd., Rotork Plc, SEW-EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd. ., Walterscheid GmbH, WEG Equipamentos Eletricos SA and ZF Friedrichshafen AG. To help companies improve their market position, Technavio’s report provides a detailed analysis of about 25 vendors operating in the market.

To take advantage of current opportunities, market vendors need to strengthen their presence in fast-growing segments, while maintaining their positions in slow-growing segments. Backed by competitive intelligence and benchmarking, our Gear Manufacturing Market research reports are designed to provide entry-level support, customer profile and mergers & acquisitions as well as go-to-market strategic support. the market.

The report also covers the following areas:

  • Gear manufacturing market size
  • Gear Manufacturing Market Trends
  • Gear Manufacturing Market Industry Analysis

Market trends such as the resurgence of investments in the oil and gas sector are expected to become one of the major market drivers. However, factors such as a slowdown in the Chinese manufacturing sector could threaten the growth of the market. Download a free sample report.

Key Highlights of the Gear Manufacturing Market

  • CAGR of the market over the forecast period
  • In-depth information on factors that will contribute to the growth of the Gear Manufacturing Market over the next five years
  • Estimation of the gear manufacturing market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the gear manufacturing market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Complete details of the factors that will challenge the growth of the Gear Manufacturing Market vendors

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Gear Manufacturing Market Scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 5.73%

Market Growth 2022-2026

$73.66 billion

Market structure

Fragmented

Annual growth (%)

3.97

Regional analysis

APAC, Europe, North America, MEA and South America

Successful market contribution

APAC at 40%

Main consumer countries

China, USA, Germany, Japan and UK

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

DB Santasalo Sarl, Emerson Electric Co., Johnson Electric Holdings Ltd., Rotork Plc, SEW-EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., Walterscheid GmbH, WEG Equipamentos Eletricos SA and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Worm Gear – Market size and forecast 2020-2025
  • Bevel Gear – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by product

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Oil and gas industry – Market size and forecast 2020-2025
  • Energy industry – Market size and forecast 2020-2025
  • Automotive – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by end user

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • DB Santasalo Sarl
  • Emerson Electric Co.
  • Johnson Electric Holdings Ltd.
  • Rotork Plc
  • SEW-EURODRIVE GmbH and Co KG
  • Siemens AG
  • Sumitomo Heavy Industries Ltd.
  • Walterscheid GmbH
  • WEG Electrical Equipamentos SA
  • ZF Friedrichshafen AG

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

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