Report overview
In this report worm gearing includes worm and worm gears, also called worm screw and worm wheel. Worms and worm gears are gear sets that offer high gear reduction and torque multiplication with a small footprint. A worm drive is a cylindrical gear with a shallow spiral thread that engages the worm gear in a non-intersecting, perpendicular axes configuration. Efficiency of a worm drive is determined by the lead angle and the number of threads in contact with the worm gear. A high lead angle on the drive reduces frictional losses and heat. A low lead angle reduces gear speed while proportionally increasing torque. Friction is an issue with all worm sets; the worm gear cannot transfer motion back to the worm drive in most instances. Lubrication and ground teeth both contribute to the sets' overall silence while minimizing friction. Worm gear sets are usually produced in pairs due to their precision.
This report aims to provide a comprehensive presentation of the global market for Worm Gearing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Worm Gearing. This report contains market size and forecasts of Worm Gearing in global, including the following market information:
Global Worm Gearing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Worm Gearing Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Worm Gearing companies in 2022 (%)
The global Worm Gearing market was valued at US$ 266.8 million in 2022 and is projected to reach US$ 338.2 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This market has witnessed growth owing to increased demand in industrial, commercial fields. Increased investment in Worm Gearing by leading companies is expected to favourably impact market growth over the forecast period. The Asia Pacific is expected to be the fastest-growing market over the forecast period. Worm Gearing is becoming more indispensable in emerging markets. APAC countries such as China, India currently have a low penetration rate but are expected to emerge as an attractive opportunity for vendors to venture during this period. For the Worm Gearing industry, the market is low concentrated. Franz Morat, Zahnradfertigung OTT, KHK Kohara Gear Industry are the leading companies globally and are trying to expand their market share. In this study, the sales market for Worm Gearing was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with 41% in 2019. It is followed by Europe and North America.
We surveyed the Worm Gearing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Worm Gearing Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Worm Gearing Market Segment Percentages, by Type, 2022 (%)
Single Envelope Worm Gear
Double Envelope Worm Gear
Non-enveloping Worm Gear
Global Worm Gearing Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Worm Gearing Market Segment Percentages, by Application, 2022 (%)
Light Industry
Heavy Industry
Commercial
Automobile
Machine Tool
Medical
Ship (Marine Vessel)
Aerospace
Others
Global Worm Gearing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Worm Gearing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Worm Gearing revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Worm Gearing revenues share in global market, 2022 (%)
Key companies Worm Gearing sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Worm Gearing sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Framo Morat
Zahnradfertigung OTT
KHK Kohara Gear Industry
CAPT
Designatronics
Renold
Yongxin Jixie
Shangwei Chuandong
Dongguan Sanma
iHF
OGIC
AmTech
Essor Precision Machinery
Gear Motions
Martin Sprocket & Gear
Precision Gears
WELTER Zahnrad
WM Berg
PIC Design
KG STOCK GEARS
Outline of Major Chapters:
Chapter 1: Introduces the definition of Worm Gearing, market overview.
Chapter 2: Global Worm Gearing market size in revenue and volume.
Chapter 3: Detailed analysis of Worm Gearing manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Worm Gearing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Worm Gearing capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
