Industrial Gearbox Market Size, Share, Analysis, Trends, Growth, Forecasts, 2028

Industrial Gearbox Market

Industrial Gearbox Market By Type(Planetary, Helical, Bevel, Spur, Worm, Other (Helical-Bevel, Planetary Worm)), By Design(Parallel axis, Angular axis, Others (non-coplanar and non-parallel axis)), By Industry(Wind Power, Cement & Aggregates, Chemical, Rubber & Plastics, Construction, Food & Beverage, Marine, Material Handling, Metals & Mining, Power Generation, Recreational Vehicle, Transportation, Industry, Agriculture, Automotive, Others (Aerospace, Defense, Semiconductor, Robotics, Textile, Healthcare)), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 - 2028

Category: Heavy Industry Report Format : PDF Pages: 188 Report Code: ZMR-3491 Published Date: May-2022 Status : Published

The Global Industrial Gearbox Market Size Was Worth USD 26.90 Billion in 2021 and Is Expected To Reach USD 33.84 Billion by 2028, CAGR of 3.90%.

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Industrial Gearbox Market, (2022 - 2028) (USD Billion)
    • 2.2 Global Industrial Gearbox Market : snapshot
  • Chapter 3. Global Industrial Gearbox Market - Industry Analysis
    • 3.1 Industrial Gearbox Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising Adoption of Industrial Adoption & Improving Industrialization to drive global market growth
    • 3.3 Market Restraints
      • 3.3.1. Higher maintenances costs in Industrial Gearboxes to hamper the market growth
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Design
      • 3.7.3 Market attractiveness analysis By Industry
  • Chapter 4. Global Industrial Gearbox Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Industrial Gearbox Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Industrial Gearbox Market - Type Analysis
    • 5.1 Global Industrial Gearbox Market overview: By Type
      • 5.1.1 Global Industrial Gearbox Market share, By Type, 2021 and 2028
    • 5.2 Planetary
      • 5.2.1 Global Industrial Gearbox Market by Planetary, 2022 - 2028 (USD Billion)
    • 5.3 Helical
      • 5.3.1 Global Industrial Gearbox Market by Helical, 2022 - 2028 (USD Billion)
    • 5.4 Bevel
      • 5.4.1 Global Industrial Gearbox Market by Bevel, 2022 - 2028 (USD Billion)
    • 5.5 Spur
      • 5.5.1 Global Industrial Gearbox Market by Spur, 2022 - 2028 (USD Billion)
    • 5.6 Worm
      • 5.6.1 Global Industrial Gearbox Market by Worm, 2022 - 2028 (USD Billion)
    • 5.7 Other (Helical-Bevel, Planetary Worm)
      • 5.7.1 Global Industrial Gearbox Market by Other (Helical-Bevel, Planetary Worm), 2022 - 2028 (USD Billion)
  • Chapter 6. Global Industrial Gearbox Market - Design Analysis
    • 6.1 Global Industrial Gearbox Market overview: By Design
      • 6.1.1 Global Industrial Gearbox Market share, By Design, 2021 and 2028
    • 6.2 Parallel axis
      • 6.2.1 Global Industrial Gearbox Market by Parallel axis, 2022 - 2028 (USD Billion)
    • 6.3 Angular axis
      • 6.3.1 Global Industrial Gearbox Market by Angular axis, 2022 - 2028 (USD Billion)
    • 6.4 Others (non-coplanar and non-parallel axis)
      • 6.4.1 Global Industrial Gearbox Market by Others (non-coplanar and non-parallel axis), 2022 - 2028 (USD Billion)
  • Chapter 7. Global Industrial Gearbox Market - Industry Analysis
    • 7.1 Global Industrial Gearbox Market overview: By Industry
      • 7.1.1 Global Industrial Gearbox Market share, By Industry, 2021 and 2028
    • 7.2 Wind Power
      • 7.2.1 Global Industrial Gearbox Market by Wind Power, 2022 - 2028 (USD Billion)
    • 7.3 Cement & Aggregates
      • 7.3.1 Global Industrial Gearbox Market by Cement & Aggregates, 2022 - 2028 (USD Billion)
    • 7.4 Chemical, Rubber & Plastics
      • 7.4.1 Global Industrial Gearbox Market by Chemical, Rubber & Plastics, 2022 - 2028 (USD Billion)
    • 7.5 Construction
      • 7.5.1 Global Industrial Gearbox Market by Construction, 2022 - 2028 (USD Billion)
    • 7.6 Food & Beverage
      • 7.6.1 Global Industrial Gearbox Market by Food & Beverage, 2022 - 2028 (USD Billion)
    • 7.7 Marine
      • 7.7.1 Global Industrial Gearbox Market by Marine, 2022 - 2028 (USD Billion)
    • 7.8 Material Handling
      • 7.8.1 Global Industrial Gearbox Market by Material Handling, 2022 - 2028 (USD Billion)
    • 7.9 Metals & Mining
      • 7.9.1 Global Industrial Gearbox Market by Metals & Mining, 2022 - 2028 (USD Billion)
    • 7.10 Power Generation
      • 7.10.1 Global Industrial Gearbox Market by Power Generation, 2022 - 2028 (USD Billion)
    • 7.11 Recreational Vehicle
      • 7.11.1 Global Industrial Gearbox Market by Recreational Vehicle, 2022 - 2028 (USD Billion)
    • 7.12 Transportation Industry
      • 7.12.1 Global Industrial Gearbox Market by Transportation Industry, 2022 - 2028 (USD Billion)
    • 7.13 Agriculture
      • 7.13.1 Global Industrial Gearbox Market by Agriculture, 2022 - 2028 (USD Billion)
    • 7.14 Automotive
      • 7.14.1 Global Industrial Gearbox Market by Automotive, 2022 - 2028 (USD Billion)
    • 7.15 Others (Aerospace, Defense, Semiconductor, Robotics, Textile, Healthcare)
      • 7.15.1 Global Industrial Gearbox Market by Others (Aerospace, Defense, Semiconductor, Robotics, Textile, Healthcare), 2022 - 2028 (USD Billion)
  • Chapter 8. Industrial Gearbox Market - Regional Analysis
    • 8.1 Global Industrial Gearbox Market Regional Overview
    • 8.2 Global Industrial Gearbox Market Share, by Region, 2021 & 2028 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Industrial Gearbox Market, 2022 - 2028 (USD Billion)
        • 8.3.1.1 North America Industrial Gearbox Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 North America Industrial Gearbox Market, by Type, 2022 - 2028
      • 8.4.1 North America Industrial Gearbox Market, by Type, 2022 - 2028 (USD Billion)
    • 8.5 North America Industrial Gearbox Market, by Design, 2022 - 2028
      • 8.5.1 North America Industrial Gearbox Market, by Design, 2022 - 2028 (USD Billion)
    • 8.6 North America Industrial Gearbox Market, by Industry, 2022 - 2028
      • 8.6.1 North America Industrial Gearbox Market, by Industry, 2022 - 2028 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Industrial Gearbox Market, 2022 - 2028 (USD Billion)
        • 8.4.2.1 Europe Industrial Gearbox Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 Europe Industrial Gearbox Market, by Type, 2022 - 2028
      • 8.4.1 Europe Industrial Gearbox Market, by Type, 2022 - 2028 (USD Billion)
    • 8.5 Europe Industrial Gearbox Market, by Design, 2022 - 2028
      • 8.5.1 Europe Industrial Gearbox Market, by Design, 2022 - 2028 (USD Billion)
    • 8.6 Europe Industrial Gearbox Market, by Industry, 2022 - 2028
      • 8.6.1 Europe Industrial Gearbox Market, by Industry, 2022 - 2028 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Industrial Gearbox Market, 2022 - 2028 (USD Billion)
        • 8.5.3.1 Asia Pacific Industrial Gearbox Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 Asia Pacific Industrial Gearbox Market, by Type, 2022 - 2028
      • 8.4.1 Asia Pacific Industrial Gearbox Market, by Type, 2022 - 2028 (USD Billion)
    • 8.5 Asia Pacific Industrial Gearbox Market, by Design, 2022 - 2028
      • 8.5.1 Asia Pacific Industrial Gearbox Market, by Design, 2022 - 2028 (USD Billion)
    • 8.6 Asia Pacific Industrial Gearbox Market, by Industry, 2022 - 2028
      • 8.6.1 Asia Pacific Industrial Gearbox Market, by Industry, 2022 - 2028 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Industrial Gearbox Market, 2022 - 2028 (USD Billion)
        • 8.6.4.1 Latin America Industrial Gearbox Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 Latin America Industrial Gearbox Market, by Type, 2022 - 2028
      • 8.4.1 Latin America Industrial Gearbox Market, by Type, 2022 - 2028 (USD Billion)
    • 8.5 Latin America Industrial Gearbox Market, by Design, 2022 - 2028
      • 8.5.1 Latin America Industrial Gearbox Market, by Design, 2022 - 2028 (USD Billion)
    • 8.6 Latin America Industrial Gearbox Market, by Industry, 2022 - 2028
      • 8.6.1 Latin America Industrial Gearbox Market, by Industry, 2022 - 2028 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Industrial Gearbox Market, 2022 - 2028 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Industrial Gearbox Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 The Middle-East and Africa Industrial Gearbox Market, by Type, 2022 - 2028
      • 8.4.1 The Middle-East and Africa Industrial Gearbox Market, by Type, 2022 - 2028 (USD Billion)
    • 8.5 The Middle-East and Africa Industrial Gearbox Market, by Design, 2022 - 2028
      • 8.5.1 The Middle-East and Africa Industrial Gearbox Market, by Design, 2022 - 2028 (USD Billion)
    • 8.6 The Middle-East and Africa Industrial Gearbox Market, by Industry, 2022 - 2028
      • 8.6.1 The Middle-East and Africa Industrial Gearbox Market, by Industry, 2022 - 2028 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Siemens AG (Germany)
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Bonfiglioli Italia S.P.A (Italy)
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Bondioli & Pavesi (Italy)
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Sew-Eurodrive (Germany)
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Dana Brevini (Italy).
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Industrial Gearbox Market, 2022 - 2028 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Industrial Gearbox Market attractiveness, By Type
  • 6. Global Industrial Gearbox Market attractiveness, By Design
  • 7. Global Industrial Gearbox Market attractiveness, By Industry
  • 8. Global Industrial Gearbox Market share by Type, 2022 and 2028 (USD Billion)
  • 9. Global Industrial Gearbox Market by Planetary, 2022 - 2028 (USD Billion)
  • 10. Global Industrial Gearbox Market by Helical, 2022 - 2028 (USD Billion)
  • 11. Global Industrial Gearbox Market by Bevel, 2022 - 2028 (USD Billion)
  • 12. Global Industrial Gearbox Market by Spur, 2022 - 2028 (USD Billion)
  • 13. Global Industrial Gearbox Market by Worm, 2022 - 2028 (USD Billion)
  • 14. Global Industrial Gearbox Market by Other (Helical-Bevel, Planetary Worm), 2022 - 2028 (USD Billion)
  • 15. Global Industrial Gearbox Market share by Design, 2022 and 2028 (USD Billion)
  • 16. Global Industrial Gearbox Market by Parallel axis, 2022 - 2028 (USD Billion)
  • 17. Global Industrial Gearbox Market by Angular axis, 2022 - 2028 (USD Billion)
  • 18. Global Industrial Gearbox Market by Others (non-coplanar and non-parallel axis), 2022 - 2028 (USD Billion)
  • 19. Global Industrial Gearbox Market share by Industry, 2022 and 2028 (USD Billion)
  • 20. Global Industrial Gearbox Market by Wind Power, 2022 - 2028 (USD Billion)
  • 21. Global Industrial Gearbox Market by Cement & Aggregates, 2022 - 2028 (USD Billion)
  • 22. Global Industrial Gearbox Market by Chemical, Rubber & Plastics, 2022 - 2028 (USD Billion)
  • 23. Global Industrial Gearbox Market by Construction, 2022 - 2028 (USD Billion)
  • 24. Global Industrial Gearbox Market by Food & Beverage, 2022 - 2028 (USD Billion)
  • 25. Global Industrial Gearbox Market by Marine, 2022 - 2028 (USD Billion)
  • 26. Global Industrial Gearbox Market by Material Handling, 2022 - 2028 (USD Billion)
  • 27. Global Industrial Gearbox Market by Metals & Mining, 2022 - 2028 (USD Billion)
  • 28. Global Industrial Gearbox Market by Power Generation, 2022 - 2028 (USD Billion)
  • 29. Global Industrial Gearbox Market by Recreational Vehicle, 2022 - 2028 (USD Billion)
  • 30. Global Industrial Gearbox Market by Transportation Industry, 2022 - 2028 (USD Billion)
  • 31. Global Industrial Gearbox Market by Agriculture, 2022 - 2028 (USD Billion)
  • 32. Global Industrial Gearbox Market by Automotive, 2022 - 2028 (USD Billion)
  • 33. Global Industrial Gearbox Market by Others (Aerospace, Defense, Semiconductor, Robotics, Textile, Healthcare), 2022 - 2028 (USD Billion)
  • 34. Global Industrial Gearbox Market share, by Region, 2022 and 2028
  • 35. North America Industrial Gearbox Market, 2022 - 2028 (USD Billion)
  • 36. Europe Industrial Gearbox Market, 2022 - 2028 (USD Billion)
  • 37. Asia Pacific Industrial Gearbox Market, 2022 - 2028 (USD Billion)
  • 38. Latin America Industrial Gearbox Market, 2022 - 2028 (USD Billion)
  • 39. The Middle-East and Africa Industrial Gearbox Market, 2022 - 2028 (USD Billion)

Table Of Tables

  • 1. Global Industrial Gearbox Market: Snapshot
  • 2. Drivers of the Industrial Gearbox Market: impact analysis
  • 3. North America Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 4. North America Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 5. North America Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 6. U.S. Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 7. U.S. Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 8. U.S. Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 9. Canada Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 10. Canada Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 11. Canada Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 12. Europe Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 13. Europe Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 14. Europe Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 15. Germany Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 16. Germany Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 17. Germany Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 18. France Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 19. France Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 20. France Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 21. U.K. Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 22. U.K. Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 23. U.K. Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 24. Italy Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 25. Italy Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 26. Italy Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 27. Spain Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 28. Spain Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 29. Spain Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 30. Rest of Europe Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 31. Rest of Europe Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 32. Rest of Europe Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 33. Asia Pacific Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 34. Asia Pacific Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 35. Asia Pacific Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 36. China Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 37. China Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 38. China Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 39. Japan Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 40. Japan Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 41. Japan Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 42. India Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 43. India Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 44. India Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 45. South Korea Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 46. South Korea Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 47. South Korea Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 48. South-East Asia Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 49. South-East Asia Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 50. South-East Asia Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 51. Rest of Asia Pacific Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 52. Rest of Asia Pacific Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 53. Rest of Asia Pacific Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 54. Latin America Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 55. Latin America Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 56. Latin America Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 57. Brazil Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 58. Brazil Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 59. Brazil Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 60. Mexico Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 61. Mexico Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 62. Mexico Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 63. Rest of Latin America Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 64. Rest of Latin America Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 65. Rest of Latin America Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 66. The Middle-East and Africa Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 67. The Middle-East and Africa Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 68. The Middle-East and Africa Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 69. GCC Countries Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 70. GCC Countries Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 71. GCC Countries Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 72. South Africa Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 73. South Africa Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 74. South Africa Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)
  • 75. Rest of Middle-East Africa Industrial Gearbox Market revenue, By Type, 2022 - 2028 (USD Billion)
  • 76. Rest of Middle-East Africa Industrial Gearbox Market revenue, By Design, 2022 - 2028 (USD Billion)
  • 77. Rest of Middle-East Africa Industrial Gearbox Market revenue, By Industry, 2022 - 2028 (USD Billion)

Methodology

FrequentlyAsked Questions

The construction industry's increased demand for industrial gearboxes to improve the operational efficiency of conveyors, crushers, plastic extruders, and other machines is boosting market expansion. The global 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 future years.

According to the Market Research report, the global Industrial Gearbox market was worth about 26.90 (USD billion) in 2021 and is predicted to grow to around 33.84 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 3.90 percent.

The Asia-Pacific region accounted for a significant portion of the industrial gearbox market in 2020, owing to increased demand for gearboxes in various applications such as the manufacturing sector, power industry, and others. China has been instrumental in the rise of the global industrial sector. The country is the market leader in the chemical, steel, electricity, and cement industries, as well as a prominent player in the petrochemical and refining industries. Furthermore, steel production is predicted to increase by 6.5 percent in 2020 compared to the previous year. China is the largest producer and exporter of crude steel in the world, accounting for more than half of global output.

Some of the main competitors dominating the global Industrial Gearbox market include - Siemens AG (Germany), Bonfiglioli Italia S.P.A (Italy), Bondioli & Pavesi (Italy), Sew-Eurodrive (Germany), and Dana Brevini (Italy)

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