Industrial Gearbox Global Market Opportunities And Strategies To 2032

Table of Contents

1. Executive Summary

2. Table Of Contents

3. List Of Figures

4. List Of Tables

5. Report Structure

6. Introduction And Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Industrial Gearbox Market Definition and Segmentations
6.4. Market Segmentation By Type
6.4.1. Planetary
6.4.2. Helical
6.4.3. Bevel
6.4.4. Spur
6.4.5. Worm
6.4.6. Other Types
6.5. Market Segmentation By Design
6.5.1. Parallel Axis
6.5.2. Angled Axis
6.5.3. Other Designs
6.6. Market Segmentation By Application
6.6.1. Construction & Mining
6.6.2. Automotive
6.6.3. Industrial
6.6.4. Power Generation
6.6.5. Marine
6.6.6. Other Applications

7. Major Market Trends
7.1. Technological Advancement
7.2. Product Innovations
7.3. Faster Digitalized Automation In Industries
7.4. New Product Launches
7.5. Mergers And Acquisitions

8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027

9. Global Industrial Gearbox Market Segmentation
9.1. Global Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

10. Industrial Gearbox Market, Regional and Country Analysis
10.1. Global Industrial Gearbox Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Industrial Gearbox Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.8. Asia-Pacific Industrial Gearbox Market: Country Analysis
11.9. China Market
11.10. Summary
11.11. Market Overview
11.11.1. Country Information
11.11.2. Market Information
11.11.3. Background Information
11.11.4. Government Initiatives
11.11.5. Regulations
11.11.6. Regulatory Bodies
11.11.7. Major Associations
11.11.8. Taxes Levied
11.11.9. Corporate Tax Structure
11.11.10. Investments
11.11.11. Major Companies
11.12. China Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.13. China Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.14. China Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. China Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.16. China Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.17. India Market
11.18. India Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.19. India Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.20. India Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.21. India Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.22. India Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.23. Japan Market
11.24. Japan Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.25. Japan Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.26. Japan Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.27. Japan Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.28. Japan Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Market
11.30. Australia Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.31. Australia Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Australia Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Australia Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. Australia Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.35. Indonesia Market
11.36. Indonesia Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.37. Indonesia Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.38. Indonesia Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.39. Indonesia Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.40. Indonesia Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.41. South Korea Market
11.42. South Korea Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.43. South Korea Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.44. South Korea Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.45. South Korea Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.46. South Korea Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.8. Western Europe Industrial Gearbox Market: Country Analysis
12.9. UK Market
12.10. UK Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.11. UK Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.12. UK Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. UK Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.14. UK Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.15. Germany Market
12.16. Germany Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.17. Germany Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.18. Germany Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.19. Germany Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.20. Germany Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.21. France Market
12.22. France Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.23. France Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.24. France Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.25. France Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.26. France Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.8. Eastern Europe Industrial Gearbox Market: Country Analysis
13.9. Russia Market
13.10. Russia Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.11. Russia Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.12. Russia Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.13. Russia Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.14. Russia Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.8. North America Industrial Gearbox Market: Country Analysis
14.9. USA Market
14.10. Summary
14.11. Market Overview
14.11.1. Country Information
14.11.2. Market Information
14.11.3. Background Information
14.11.4. Government Initiatives
14.11.5. Regulations
14.11.6. Regulatory Bodies
14.11.7. Major Associations
14.11.8. Taxes Levied
14.11.9. Corporate Tax Structure
14.11.10. Investments
14.11.11. Major Companies
14.12. USA Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.13. USA Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.14. USA Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. USA Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.16. USA Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.8. South America Industrial Gearbox Market: Country Analysis
15.9. Brazil Market
15.10. Brazil Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.11. Brazil Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.12. Brazil Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Brazil Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.14. Brazil Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Middle East Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Industrial Gearbox Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Industrial Gearbox Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Industrial Gearbox Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Industrial Gearbox Market, Segmentation By Design, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. Africa Industrial Gearbox Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

18. Competitive Landscape And Company Profiles
18.1. Company Profiles
18.2. Bosch Rexroth AG Inc
18.2.1. Company Overview
18.2.2. Products And Services
18.2.3. Business Strategy
18.2.4. Financial Overview
18.3. Flender GmbH
18.3.1. Company Overview
18.3.2. Products And Services
18.3.3. Business Strategy
18.3.4. Financial Overview
18.4. Dana Incorporated
18.4.1. Company Overview
18.4.2. Products And Services
18.4.3. Business Strategy
18.4.4. Financial Overview
18.5. China High-Speed Transmission Equipment Group Co., Ltd
18.5.1. Company Overview
18.5.2. Products And Services
18.5.3. Financial Overview
18.6. Bonfiglioli Riduttori SPA
18.6.1. Company Overview
18.6.2. Products And Services
18.6.3. Business Strategy
18.6.4. Financial Overview

19. Key Mergers And Acquisitions
19.1. RNWBL Acquired Gearbox Express
19.2. Schaeffler Acquired Melior Motion GmbH
19.3. Sumitomo Machinery Corp. of America (SMA) Acquired Luftex Gears
19.4. WEG-CESTARI Acquired Geremia Redutores

20. Opportunities And Strategies
20.1. Global Industrial Gearbox Market In 2027 - Countries Offering Most New Opportunities
20.2. Global Industrial Gearbox Market In 2027 - Segments Offering Most New Opportunities
20.3. Global Industrial Gearbox Market In 2027 - Growth Strategies
20.3.1. Market Trend Based Strategies
20.3.2. Competitor Strategies

21. Industrial Gearbox Market, Conclusions And Recommendations
21.1. Conclusions
21.2. Recommendations
21.2.1. Product
21.2.2. Place
21.2.3. Price
21.2.4. Promotion
21.2.5. People

22. Appendix
22.1. Market Data Sources
22.2. Research Methodology
22.3. Currencies
22.4. About the Publisher
22.5. Copyright and Disclaimer

Executive Summary

This report describes and explains the industrial gearbox market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.

The global industrial gearbox market reached a value of nearly $28,484.0 million in 2022, having grown at a compound annual growth rate (CAGR) of 1.7% since 2017. The market is expected to grow from $28,484.0 million in 2022 to $36,909.6 million in 2027 at a rate of 5.3%. The market is then expected to grow at a CAGR of 6.1% from 2027 and reach $49,555.4 million in 2032.

Growth in the historic period resulted from growth in the manufacturing industry, strong economic growth in emerging markets and a growing demand for electric vehicles.

Going forward, the rising adoption of industrial automation, rising urbanization and an increasing adoption of in-built robots will drive the growth. Factors that could hinder the growth of the industrial gearbox market in the future include restrictions on sales of petrol and diesel vehicles and the Russia-Ukraine war impact.

The industrial gearbox market is segmented by type into planetary, helical, bevel, spur, worm and other types. The helical market was the largest segment of the industrial gearbox market segmented by type accounting for 31.8% of the total in 2022. Going forward, the planetary market is expected to be the fastest growing segment in the industrial gearbox market segmented by type, at a CAGR of 5.59% during 2022-2027.

The industrial gearbox market is segmented by design into parallel axis, angled axis and other designs. The parallel axis market was the largest segment of the industrial gearbox market segmented by design accounting for 70.1% of the total in 2022. Going forward, the angled axis market is expected to be the fastest growing segment in the industrial gearbox market segmented by design, at a CAGR of 5.40% during 2022-2027.

The industrial gearbox market is segmented by application into construction & mining, automotive, industrial, power generation, marine and other applications. The industrial market was the largest segment of the industrial gearbox market segmented by application accounting for 27.1% of the total in 2022. Going forward, the industrial market is expected to be the fastest growing segment in the industrial gearbox market segmented by application, at a CAGR of 5.58% during 2022-2027.

Asia-Pacific was the largest region in the industrial gearbox market, accounting for 41.5% of the total in 2022. It was followed by Western Europe, and then the other regions. Going forward, the fastest-growing regions in the industrial gearbox market will be North America and Asia-Pacific where growth will be at CAGRs of 5.7% and 5.6% respectively. These will be followed by Western Europe and South America where the markets are expected to grow at CAGRs of 5.3% and 4.3% respectively.

The global industrial gearbox market is highly fragmented, with a large number of players. The top ten competitors in the market made up to 9.50% of the total market in 2021. This can be due to the existence of a number of local players in the market serving customers in particular geographies. Bosch Rexroth AG was the largest competitor with a 2.67% share of the market, followed by Flender GmbH with 1.41%, Dana Incorporated with 1.33%, China High-Speed Transmission Equipment Group Co., Ltd with 1.08%, Bonfiglioli Riduttori SPA with 0.70%, Getriebebau NORD GmbH & Co. KG with 0.70%, Sumitomo Heavy Industries Co., Ltd. with 0.54%, Lenze SE with 0.40%, Elecon Engineering Company Limited with 0.37% and Sew-Eurodrive with 0.31%.

The top opportunities in the industrial gearbox market segmented by type will arise in the helical segment, which will gain $2,756.1 million of global annual sales by 2027. The top opportunities in segment by design will arise in the parallel axis segment, which will gain $5,927.9 million of global annual sales by 2027. The top opportunities in segment by application will arise in the industrial segment, which will gain $2,409.2 million of global annual sales by 2027. The industrial gearbox market size will gain the most in China at $2,111.5 million.

Market-trend-based strategies for the industrial gearbox market include focus on technological advancements, product innovations, faster digitalized automation in industries, new product launches and mergers and acquisitions.

Player-adopted strategies in the industrial gearbox market include focus on diversifying product line through the introduction of new products and adopting new technologies, focus on expanding production facilities to meet the growing demand and manufacture advanced products, focus on strengthening business by launching new products and focus on increasing manufacturing capacity by launching new manufacturing units or sites.

To take advantage of the opportunities, the publisher recommends the industrial gearbox companies to focus on technological advancements, focus on new product launches, expand in emerging markets, continue to focus on developed markets, focus on mergers and acquisitions, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing applications

• Bosch Rexroth AG
• Flender GmbH
• Dana Incorporated
• China High-Speed Transmission Equipment Group Co., Ltd
• Bonfiglioli Riduttori SPA

Methodology