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Industrial Gearbox Market: Segmented: By Type (Worm Gearbox, Helical Gearbox, Bevel Helical Gearbox, Planetary Gearbox, Other Types), By Design (Parallel, Angled), By Size (Up to 1 MW, above 1 MW), By Torque (Up To 50,000 NM, above 50,000 NM), By Industry (Wind Power, Material Handling, Construction, Metal & Mining, Cement & Aggregate, General Manufacturing, Robotics) And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031

Industrial Gearbox Market: Segmented: By Type (Worm Gearbox, Helical Gearbox, Bevel Helical Gearbox, Planetary Gearbox, Other Types), By Design (Parallel, Angled), By Size (Up to 1 MW, above 1 MW), By Torque (Up To 50,000 NM, above 50,000 NM), By Industry (Wind Power, Material Handling, Construction, Metal & Mining, Cement & Aggregate, General Manufacturing, Robotics) And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031

[ 170 + Pages Research Report ] Industrial Gearbox Market to surpass USD 39,131.4 million by 2031 from USD 24,790.3 million in 2021 at a CAGR of 4.7% in the coming years, i.e., 2021-31.

Product Overview
An industrial gearbox is an enclosed system that delivers mechanical energy to a transmission unit. The technology reduces rotational speed and torque. Industrial gearboxes differ from normal gearboxes in that the former is required for most drives to have a long, steady life and a safety factor. An industrial gearbox converts mechanical power into a driving tool to manage speed and torque and transform it functionally. Industrial gearboxes, unlike mass gearboxes, can manage many jobs at extremely high speeds for extended periods.

Market Highlights
Global  Industrial Gearbox market is expected to project a notable CAGR of 4.7% in 2031.

The rising automation in manufacturing industries such as automobiles, food processing, and farm machinery is driving the growth of the industrial gearbox market. Furthermore, the industry is being driven by rising investments in renewable energy generation, with a preference for wind power.

Global  Industrial Gearbox: Segments
Planetary Gearbox segment to grow with the highest CAGR during 2021-31

Based on type global  Industrial Gearbox are segmented into Worm Gearbox, Helical Gearbox, Bevel Helical Gearbox, Planetary Gearbox, and Other Types. Planetary Gearbox is expected to dominate the global digital scent technology market through the forecast period. The growth in the market is majorly due to the rising adoption of parallel axis industrial gearbox in diverse industrial applications. Gears involving two axes, which are parallel to each other, are called Parallel Axis Gears. For the transmission of rotation/power by parallel axis, Spur, Helical, and Internal Gears are generally used. These are the most commonly used gears, with a wide range of applications, in various industries.

A parallel segment to grow with the highest CAGR during 2021-31

Based on design global  Industrial Gearbox are segmented into Parallel, Angled. During the projection period, the Parallel is anticipated to develop at the fastest CAGR. Parallel shaft gearboxes are typically used in situations that need a lot of torque and horsepower. Parallel shaft gear motors are a form of gear motor that reduces the speed by using gears.

Market Dynamics
Drivers
Increasing adoption of industrial automation across various industrial sectors

The worldwide demand for industrial gearboxes is largely driven by the increasing acceptance along with the rising usage of automated machinery. The worldwide market for industrial gearboxes will continue to be driven by the advent of several new technologies, such as artificial intelligence and robotics, for automated and highly efficient industrial applications in the coming years.

Rising requirement for clean energy sources

The growing number of investments targeted at advancing different industries, such as wind power and other forms of renewable energy generation, is expected to boost growth in the worldwide industrial gearbox market in the coming years. Product demand for absorbing kinetic energy in the wind or hydro turbines to create electricity is increasing as the renewable energy sector grows. The industrial gearbox market is likely to dominate in the coming years owing to growing awareness about renewable energy.

Restraint
High maintenance and manufacturing cost

Milling, heat treatment, and other processes are all part of the production process for industrial gearboxes and are quite a time taking. As a result, the worldwide industrial gearbox market's expansion is hampered by high production and maintenance costs.

Global  Industrial Gearbox: Key Players
ABB Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Bondioli & Pavesi S.p.A.
Bonfiglioli Italia S.p.A.
China High-Speed Transmission Equipment Group Co., Ltd
Elecon Engineering Company Limited
Emerson Electric Company
Johnson Electric Holdings Limited
Siemens AG
Sumitomo Heavy Industries Gearbox Co., Ltd
The Timken Company
Other Prominent Players
Global  Industrial Gearbox Market: Regions
Global  Industrial Gearbox market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. During the forecast period, Asia-Pacific is likely to lead the marketplace for the  Industrial Gearbox, with the biggest market share in terms of value. The planned construction of wind power infrastructure, in Asia-Pacific, has offered significant potential. The existence of large manufacturing economies in the area, such as Japan and India, as well as the region's industrial sector's increasing automation.

Impact of Covid-19 on  Industrial Gearbox Market
COVID-19 epidemic wreaked havoc on practically every major industry's supply chain throughout the world. Furthermore, the industrial gearbox market's primary end-user industries, such as electricity, metals, mining, and minerals, were all hit by the economic downturn. The slowdown in economic and industrial activities is expected to hurt the industrial gearbox market.

Global  Industrial Gearbox Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
the Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
The global  Industrial Gearbox Market report also contains an analysis on:
 Industrial Gearbox Market Segments:

By Type 
Worm Gearbox
Helical Gearbox
Bevel Helical Gearbox
Planetary Gearbox
Other Types
By Design
Parallel
Angled 
By Industry
Wind Power
Material Handling
Construction
Metal & Mining
Cement & Aggregate
Food & Beverage
General Manufacturing
Robotics 
Size
Up to 1 MW
Above 1 MW 
Torque
Up TO 50,000 NM
Above 50,000 NM
 Industrial Gearbox Market Dynamics
 Industrial Gearbox Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
 Industrial Gearbox Market Report Scope and Segmentation
Report AttributeDetails
The market size value in 2021USD 24,790.3 million
The revenue forecast in 2031USD 39,131.4 million
Growth RateCAGR of 4.7% from 2021 to 2031
The base year for estimation2020
Quantitative unitsRevenue in USD million and CAGR from 2021 to 2031
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredType, Design, Industry, Size, Torque, and Region
Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiledABB Group, Bondioli & Pavesi S.p.A., Bonfiglioli Italia S.p.A., China High-Speed Transmission, Equipment Group Co., Ltd, Elecon Engineering Company Limited, Emerson Electric Company, Johnson Electric Holdings Limited, Siemens AG, Sumitomo Heavy Industries, Gearbox Co., Ltd, The Timken Company and Other Prominent Players.
Table of Contents

1.Executive Summary
2.Global Industrial Gearbox Market
2.1.Product Overview
2.2.Market Definition
2.3.Segmentation
2.4.Assumptions and Acronyms
3.Research Methodology
3.1.Research Objectives
3.2.Primary Research
3.3.Secondary Research
3.4.Forecast Model
3.5.Market Size Estimation
4.Average Pricing Analysis
5.Macro-Economic Indicators
6.Market Dynamics
6.1.Growth Drivers
6.2.Restraints
6.3.Opportunity
6.4.Trends
7.Correlation & Regression Analysis
7.1.Correlation Matrix
7.2.Regression Matrix
8.Recent Development, Policies & Regulatory Landscape
9.Risk Analysis
9.1.Demand Risk Analysis
9.2.Supply Risk Analysis
10.Global Industrial Gearbox Market Analysis
10.1.Porters Five Forces
10.1.1.Threat of New Entrants
10.1.2.Bargaining Power of Suppliers
10.1.3.Threat of Substitutes
10.1.4.Rivalry
10.2.PEST Analysis
10.2.1.Political
10.2.2.Economic
10.2.3.Social
10.2.4.Technological
11.Global Industrial Gearbox Market
11.1.Market Size & forecast, 2020A-2031F
11.1.1.By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
11.1.2.By Volume (Million Units) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.Global Industrial Gearbox Market: Market Segmentation
12.1.By Regions
12.1.1.North America:(U.S. and Canada), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.2.Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.3.Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.4.Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.5.Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.By Type: Market Share (2020-2031F)
12.2.1.Worm Gearbox, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.2.Helical Gearbox, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.3.Bevel Helical Gearbox, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.4.Planetary Gearbox, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.5.Other Types, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
13.By Design: Market Share (2020-2031F)
13.1.Parallel, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
13.2.Angled, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
14.By Size: Market Share (2020-2031F)
14.1.Up to 1 MW, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
14.2.above 1 MW, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
15.By Torque: Market Share (2020-2031F)
15.1.Up To 50,000 NM, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
15.2.above 50,000 NM, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.By Industry: Market Share (2020-2031F)
16.1.Wind Power, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.2.Material Handling, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.3.Construction, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.4.Metal & Mining, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.5.Cement & Aggregate, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.6.General Manufacturing, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
16.7.Robotics, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
17.Company Profile
17.1.ABB Group
17.1.1.Company Overview
17.1.2.Company Total Revenue (Financials)
17.1.3.Market Potential
17.1.4.Global Presence
17.1.5.Key Performance Indicators
17.1.6.SWOT Analysis
17.1.7.Product Launch
17.2.Bondioli & Pavesi S.p.A.,
17.3.Bonfiglioli Italia S.p.A.,
17.4.China High Speed Transmission,
17.5.Equipment Group Co., Ltd,
17.6.Elecon Engineering Company Limited,
17.7.Emerson Electric Company,
17.8.Johnson Electric Holdings Limited,
17.9.Siemens AG,
17.10.Sumitomo Heavy Industries,
17.11.Gearbox Co., Ltd,
17.12.The Timken Company
17.13.Other Prominent Players
18.Consultant Recommendation
19.The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Report Title: Industrial Gearbox Market: Segmented: By Type (Worm Gearbox, Helical Gearbox, Bevel Helical Gearbox, Planetary Gearbox, Other Types), By Design (Parallel, Angled), By Size (Up to 1 MW, above 1 MW), By Torque (Up To 50,000 NM, above 50,000 NM), By Industry (Wind Power, Material Handling, Construction, Metal & Mining, Cement & Aggregate, General Manufacturing, Robotics) And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031


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