4100.00 Dollar US$ Global Industrial Gearbox Market Pune

Global Industrial Gearbox Market was valued at US$ 25.02 Bn in 2017 and is expected to reach US$ 38.90 Bn by 2026, at a CAGR of 5.69 % during a forecast period.
An industrial gearbox is an encircled system that diffuses mechanical energy to an output device. Gearboxes can adjust their speed, torque, and other qualities to adapt the energy into a useable format. Gearboxes are used in different devices, for a broad range of purposes. These gears can slow the rate of revolution to upsurge torque and speed.
Helical gearboxes segment is expected to hold large market share in the global industrial gearbox market. These gearboxes are used in a wide range of applications includes rolling mills, blowers, monorail system, overhead conveyors, and turbines. These gearboxes are also used in an application in end-user industries such as material handling, chemical, and power industry. The Global Wind Energy Council has expected installation of nearly more than 300 GW of wind power during the forecast period. A huge number of installations are planned to be across the globe. The increasing installation of wind turbines will initiate the growth of industrial gearboxes.
Global Industrial Gearbox Market Scope:
Global Industrial Gearbox Market, By Type:
• Planetary
• Helical
• Bevel
• Spur
• Worm
• Other
Global Industrial Gearbox Market, By Design:
• Parallel axis
• Angular axis
• Others
Global Industrial Gearbox Market, By End User:
• Wind Power
• Food & Beverage
• Marine
• Material Handling
• Metals & Mining
• Power Generation
• Recreational Vehicle
• Cement & Aggregates
• Chemical, Rubber & Plastics
• Construction
• Transportation Industry
• Agriculture
• Automotive
• Others
Global Industrial Gearbox Market, By Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Global Industrial Gearbox Market:
• Emerson Electric Co.
• Johnson Electric Holdings Limited
• Sumitomo Heavy Industries Ltd.
• Watt Drive Weg Group.
• Sew-Eurodrive
• GKN Off-Highway Powertrain
• ABB
• Bauer Gear Motor
• Bondioli & Pavesi
• Dana Brevini
• Comer Industries
• Elecon Engineering
• China High Speed Transmission Equipment Group Co., Ltd.
• Siemens AG
• Bonfiglioli Italia S.P.A
• GearTech, Inc.
• Klingelnberg GmbH, Inc
• Essential Power Transmission Pvt. Ltd.
• Griffin Gear Inc.
• Precipart Corporation
• Cleveland Gear Company
• NORD drivesystems Pvt. Ltd.
• Allied Precision Gears Inc.
• Renold Plc,
• Ashoka Machine Tools Corporation
For more information visit: https://www.maximizemarketresearch.com/market-report/global-industrial-gearbox-market/24647/
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