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Gear & Speed Changer Manufacturing in the US - Industry Market Research Report

  • ID: 2392183
  • Report
  • March 2021
  • Region: United States
  • 46 pages
  • IBISWorld
Top Gear: Renewed Downstream Demand is Expected to Revitalize Industry Growth

FEATURED COMPANIES

  • Regal-Beloit Corporation
  • Rexnord Corporation
  • MORE

Gear & Speed Changer Manufacturing

Several factors led to declining revenue for the Gear and Speed Changer Manufacturing industry. The industry largely fulfilled the previous period's strong demand, leading to a subsequent letdown. Furthermore, the decline of commodity prices starting in 2014 placed downward pressure on demand from downstream industrial markets. Sharp declines in oil, natural gas and steel prices limited purchasing by the large industrial companies that drive demand for industry products. Over the five years to 2023, revenue for the Gear and Speed Changer Manufacturing industry is expected to reverse and exhibit consistent growth. Since speed changers and gear motors are vital to many types of industrial equipment machinery, as private investment increases, industry revenue is expected to follow suit.

This industry includes establishments engaged in manufacturing gears, speed changers and industrial high-speed drives. These components are used primarily in mechanical power transmissions for industrial machines or vehicles. This industry does not include passenger automobile transmission manufacturing.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Regal-Beloit Corporation
  • Rexnord Corporation
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Regal-Beloit Corporation
  • Rexnord Corporation
Note: Product cover images may vary from those shown

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