Press release
Europe Will Continue Its Dominance In The Gear Measuring Machines Market In 2018', Claims Fact.MR Report
Growing focus on precision measuring and automation has led to the introduction of multi-sensor technology, advanced optical profilers and efficient software with easier UI in the recent past. Leading players are focusing on R&D investment to maintain their stronghold in a fragmented marketplace. However, capital-intensive nature and high maintenance cost of the gear measuring machines continue to limit new sales.
Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=2062
Highlighting the key demand drivers, the study opines that buoyancy in the automotive industry will remain crucial to the overall growth of the gear measuring machines market. The Fact.MR study projects that demand for gear measuring machines from the automotive industry will account for $177 million worth of revenues by 2028.
The metal and mining industry follows the automotive industry in generating the second largest demand for gear measuring machines while accounting for almost one-fifth of the total volume growth in 2018. Steady growth in the mining industry against the backdrop of advanced technology continues to seek heavy duty and durable gears in mining equipment. In addition, as gearbox forms the basis of agricultural machinery and wind turbines, demand for gear remains significant in these sectors. The wind power generation sector is actively exploring magnetic gears to achieve low maintenance, reduced acoustic noise and increased reliability for extensive and durable applications.
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe Will Continue Its Dominance In The Gear Measuring Machines Market In 2018', Claims Fact.MR Report here
News-ID: 1322652 • Views: …
More Releases from Fact.MR
Virtual Schools Market Report: Trends, Challenges, and Future Projections by 203 …
The global virtual schools market (가상 학교 시장) is expected to experience substantial growth, with a projected compound annual growth rate (CAGR) of 15.4%. By the conclusion of 2033, it is anticipated to attain a market size of US$ 16.49 billion, a significant increase from its 2023 value of US$ 3.94 billion. The market for virtual schools has grown to be a disruptive force in education, changing conventional learning approaches.…
Animal Drug Compounding Market: Exploring a $5.03 Billion Frontier by 2034
The global Animal Medicine Compounding Market (動物用医薬品配合市場) is projected to reach over US$ 2 billion in 2022 and is anticipated to grow at a high-value CAGR of 8.2% over the course of the forecast years of 2022-2032, according to Fact.MR, a supplier of market research and competitive information. Due to the COVID-19 pandemic, more workers were compelled to work from home, which raised the unemployment rate. People had more time…
Tamper Evident Labels Market Projected to Reach US$ 28.5 Billion by 2033
Fact.MR: A Supplier of Competitive Intelligence and Market Research: The global Tamper Evident Labels Market (改ざん防止ラベル市場) is projected to be worth US$ 16.8 billion in 2023 and is expected to rise at a CAGR of 5.4% over the forecast period of 2023-2033, according to Fact.MR, a supplier of market research and competitive intelligence. The market for tamper-evident labels has grown significantly in recent years as a result of consumers' growing…
Single Use Assemblies Market Growth Trends: Reaching $25.8 Billion by 2032
According to a recent industry report published by Fact.MR, a provider of competitive intelligence and market research, the global Single Use Assembly Market (使い捨てアセンブリ市場) is expected to grow at a compound annual growth rate (CAGR) of 24% through 2032, with a current valuation of US$ 3 billion. Life science companies are keen to save the expense and effort involved in cleaning stainless steel. The fast expansion of the biotech industry…
More Releases for Gear
Global Aircraft Landing Gear Market By Type: Nose Landing Gear, Main Landing Gea …
The airplane's landing gear supports the entire weight of the aircraft during landing and landing procedures. They are attached to the main structural elements of the airplane. The type of equipment required depends on the design and planned use of the aircraft. Most trolleys have wheels to make it easier to move them over uneven surfaces, like the floor. Other objects also include skids, such as the tail portion of…
Abstract of Speed Changer, Industrial High-Speed Drive, and Gear Market 2019 by …
The Speed Changer, Industrial High-Speed Drive, and Gear Market report provides detailed information on past, present and future market trends including the development rate, capacities, growth drivers, technologies and the capital structure. The Speed Changer, Industrial High-Speed Drive, and Gear Market report aims to provide comprehensive details to help market players and consultants to understand the on-going scenario of the Speed Changer, Industrial High-Speed Drive, and Gear market. The Speed…
Gear Racks Market Size, Status, Top Emerging Trends, Growth and Business Opportu …
A new business intelligence report released by Up Market Research on “Global Gear Racks Market”. Report provides a comprehensive market analysis with future prospects to 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108986
The report contains 119 pages which highly exhibit on current market analysis scenario, upcoming…
Hurtle Gear
Hurtle Gear is your one-stop shop for all motorcycle parts, products and accessories. Beautiful products and brilliant service.
Hurtle Gear is your one-stop shop for all motorcycle parts, products and accessories. Beautiful products and brilliant service.
Hurtle Gear
3/4 Mummery Crescent
Bunbury
Western Australia
6230…
Global Worm Gear Drives Market Price, Sales, Gross Margin, Growth Rate by Timken …
A worm drive is a gear arrangement in which a worm (which is a gear in the form of a screw) meshes with a worm gear (which is similar in appearance to a spur gear).
Like other gear arrangements, a worm drive can reduce rotational speed or transmit higher torque. A worm is an example of a screw, one of the six simple machines.
Download Sample Report of Worm Gear Drives Market…
Worm Gearing Market SWOT Analysis by Key Players: IMS(GER), AME, AMTech, Avon Ge …
A worm gear system consists of a worm and worm wheel and is the most compact type of gear system.
The Worm Gearing market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to…
