Visiongain Publishes Global Industrial Gearbox Market 2019-2029 Report

LONDON, Oct. 8, 2019 /PRNewswire/ -- Analysis by Type (Planetary, Helical, Bevel, Spur and Worm), by Design (Parallel, Angled), by Industry (Wind Power, Material Handling, Construction, Metal & Mining, Cement & Aggregate, Food & Beverage), Company and Country Analysis and Forecasts

Market Definition:
• Industrial gearbox is an enclosed system that transmits mechanical energy to an output device.
• Gearboxes are able to modify their speed, torque, and other attributes to convert the energy into a usable format.

Market Overview and Trends
• Gearboxes are now being used in a variety of devices, for a broad range of purposes. These machines can slow the rate of rotation to increase torque and speed.
• Mechanical gearboxes that are widely used in industrial sectors for functions such as transmitting power between machinery, automation systems, and process units are known as industrial gearboxes.

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Market Dynamics:

Factors Influencing the Market Growth:
• Surge in demand for energy efficient gearboxes
• Rise in adoption of industrial automation across various industries
• Increasing industrialization in developing economies

Factors Restraining the Market Growth:
• Slowdown of industrialization in developed country such as Europe
• Technical challenges such as overheating, oil leaks, and excessive noise

To find out more about this report please contact Sara Peerun at [email protected] or refer to our website: https://www.visiongain.com/report/global-industrial-gearbox-market-report-2019-2029/

Market Segmentation 2019-2029:

Type
• Planetary systems market, 2019-2029
• Helical market, 2019-2029
• Bevel market, 2019-2029
• Spur market, 2019-2029
• Worm market, 2019-2029

Design
• Parallel Market, 2019-2029
• Angled Market, 2019-2029

Industry
• Wind Power Market, 2019-2029
• Material Handling Market, 2019-2029
• Construction
• Metal & Mining
• Cement & Aggregate
• Food & Beverage

Geographic breakdown 
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America, Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as merger & acquisition and new product launch in order to improve and increase their foothold in the global Industrial Gearbox Market.

Did you know that we also offer a report add-on service? Email [email protected] to discuss any customized research needs you may have.

Companies covered in the report include:

ABB
Allied Precision Gears Inc.
Ashoka Machine Tools Corporation.
Bauer Gear Motor
Bondioli & Pavesi
Bonfiglioli
China High Speed Transmission Equipment Group Co., Ltd.
Cleveland Gear Company
Comer Industries
Dana Brevini
Elecon Engineering
Emerson Electric Co.
Griffin Gear Inc.
Johnson Electric Holdings Limited
Klingelnberg GmbH
Modine
NORD drivesystems Pvt. Ltd.
Renold plc
SEW-EURODRIVE
SEW-Eurodrive
Siemens AG
Stiebel Eltron.
Sumitomo Heavy Industries Ltd.
Vaillant
Watt Drive Weg Group

To discuss this report please e-mail Sara Peerun on [email protected]

SOURCE Visiongain