The industrial gearbox market is poised to grow by $10.37 bn during 2021-2025, progressing at a CAGR of almost 5%.
This study identifies the resurgence of investments in the oil and gas sector as one of the prime reasons driving the industrial gearbox market growth during the next few years. The market is driven by the adoption of industrial automation and growing investments in renewable energy.
The report on the industrial gearbox market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The industrial gearbox market analysis includes product and end-user segments and geographic landscape.
The publisher robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial gearbox market vendors that include ABB Ltd., Bonfiglioli Riduttori SpA, China High Speed Transmission Equipment Group Co. Ltd., Elecon Engineering Co. Ltd., Rexnord Corp., SEW-EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., The Timken Co., and Triveni Engineering & Industries Ltd.
Also, the industrial gearbox market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Standard gearbox - Market size and forecast 2020-2025
Precision gearbox - Market size and forecast 2020-2025
Market opportunity by Product
Market Segmentation by End-user
Comparison by End-user
Power generation - Market size and forecast 2020-2025
Oil and gas - Market size and forecast 2020-2025
General machinery - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by End-user
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Bonfiglioli Riduttori SpA
China High Speed Transmission Equipment Group Co. Ltd.
Elecon Engineering Co. Ltd.
SEW-EURODRIVE GmbH and Co KG
Sumitomo Heavy Industries Ltd.
The Timken Co.
Triveni Engineering & Industries Ltd
For more information about this report visit https://www.researchandmarkets.com/r/qvkfxi
View source version on businesswire.com: https://www.businesswire.com/news/home/20211202005709/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900