Report overview
Industrial gearboxes or reduction gearboxes, are gearboxes used in the industrial field, which are basically used in basic industries. Generally used in conjunction with a motor, the output speed and torque can be changed through the cooperation between mechanical gears.
This report aims to provide a comprehensive presentation of the global market for Industrial Gearbox, 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 Industrial Gearbox. This report contains market size and forecasts of Industrial Gearbox in global, including the following market information:
Global Industrial Gearbox Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Gearbox Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Industrial Gearbox companies in 2022 (%)
The global Industrial Gearbox market was valued at US$ 28530 million in 2022 and is projected to reach US$ 37600 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
From the perspective of suppliers, the major global manufacturers include Aisin Seiki, ZF, Jatco, Volkswagen, Magna PT, Sew-Eurodrive, China High Speed Transmission, Siemens, Sumitomo Heavy Industries, Dana, AB, Bonfiglioli and Lake Snow and other companies, the total output value of the first five companies in 2019 accounted for about 28.1% of the total market share. From the perspective of product characteristics and industrial structure, the global industrial gearbox market is relatively fragmented. The global industrial gearbox market is highly competitive, with market leaders such as ZF, Sumitomo Heavy Industries and Siemens.
It is estimated that by 2026, China's industrial gearbox market will account for approximately 30% of the global market.
Among all the application of Industrial Gearbox, the car has the biggest market share of 94%. The wind power market is expected to be the fastest growing industry in the industrial gearbox market.
Industrial Gearbox can be divided into two parts: Single-stage Gearbox and Multi-stage Gearbox, Single-stage Gearbox takes nearly 91% of the market.
We surveyed the Industrial Gearbox 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 Industrial Gearbox Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Gearbox Market Segment Percentages, by Type, 2022 (%)
Single-stage Gearbox
Multi-stage Gearbox
Global Industrial Gearbox Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Gearbox Market Segment Percentages, by Application, 2022 (%)
Construction and Mining Equipment
Car
Wind Power
Food Processing
Agriculture
Other
Global Industrial Gearbox Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Gearbox 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 Industrial Gearbox revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Gearbox revenues share in global market, 2022 (%)
Key companies Industrial Gearbox sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Industrial Gearbox sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF Friedrichshafen
Sew-Eurodrive
China High Speed Transmission Equipment
Siemens
Sumitomo Heavy Industries
Dana
ABB
Bonfiglioli Group
Rexnord
Regal Beloit Corporation
Cone Drive Operations
Horsburgh & Scott
Curtis Machine Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Gearbox, market overview.
Chapter 2: Global Industrial Gearbox market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Gearbox 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 Industrial Gearbox 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 Industrial Gearbox 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.
