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Gear Measuring Machine Market Analysis, Segments, Growth and Value Chain 2018-2028

11-16-2018 12:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Gear Measuring Machine Market Analysis, Segments, Growth

Key Findings

Top Five Companies Account for around 35%-45% Revenue Share of the Overall Gear Measuring Machines Market

Gear measuring machines remains a fragmented market place with a large number of local players in the fray. However, some companies have been able to maintain significant revenue share in the market. These companies include Gleason Corporation, Klingelnberg AG, KAPP Werkzeugmaschinen GmbH, Mahr and Wenzel Group. Collectively, these companies account for around 35-45 percent share of the gear measuring machines market. Market presence of these companies is largely concentrated in the developed economies of Europe and North America, particularly Germany and the United States respectively.

The main strategy of tier 1 companies in the gear measuring machines market has been product portfolio expansions and acquisitions. These companies have also been carrying out strategic partnerships to expand their global footprint, with most focusing on Asia Pacific region owing to the robustness in automotive and agriculture industry. For instance, Wenzel Group has been catering to its clients across Asia Pacific and Europe using new client acquisitions through quality certifications.

Contactless Gear Inspection at Lightning Speed – Upcoming Technology in the Gear Measuring Machines Market

Recent technological advances in power transmission and design, along with manufacturing technologies and noise reduction have transformed the gear measuring machines marketplace. Manufacturers of gear measuring machines have been striving to come up with gear measuring machines that are contactless and simultaneously can measure defects or irregularities in gear geometry or surface at rapid speeds. In a bid to keep up with the growing inspection challenges that gear manufacturers face, companies in the gear measuring machines market are focused on adopting zero-contact laser technology in their gear measuring machines that can enable rapid defect identification, and validation. This novel technology in gear measuring machines can enhance gear accuracy, efficient power transmission, quicker cycle times and higher throughput.

New Gear Geometry Standards to Regulate the Gear Measuring Machines Marketplace

Standards for gear geometry have been laid by regulatory bodies which have been impacting the gear measurement market. Standards laid by various associations including AGMA, ISO, JIS and DIN apropos to gear development have indirectly influenced the manufacturing of gear measuring machines, designed as per gear geometry. For instance, AGMA (American Gear Manufacturer’s Association) has announced new standards for hypoid and bevel gear geometry – ANSI/AGMA ISO 23509-B17. Manufactures of gear measuring machines are required to design equipment with parameters that are in alignment with such standards in order to make gear measuring machines compatible with the workpiece.

Gear Measuring Machines Manufacturers Focusing on Leveraging Opportunities in Asia Pacific

Automotive industry continues to play a significant role in driving the demand for gear measuring machines on the back of rising adoption of automotive gears in vehicle manufacturing. Automotive gear manufacturers make use of gear measuring machines, either with direct purchase or using third party inspections, to ensure accurate gear geometry and compatible gear structure and surface. Increasing production of vehicles and growing number of vehicle parc is likely to have a positive influence on the demand and sales of gear measuring machines, in turn contributing to their market’s growth. Rise of vehicle manufacturing, particularly in the emerging economies of Asia Pacific, such as India and China, is expected to offer potential avenues of growth of gear measuring machines manufacturers in the forthcoming years.

Online Sales Growing, yet Direct Sales Reign Supreme

Growing proliferation of e-commerce has transformed the retail sector and is permeating in the gear measuring machines marketplace. B2B sales through online platforms were low in the past. However, popularity of indirect channels in terms of discounts, availability of several variants of gear measuring machines and higher convenience has translated into increasing preference for online channels. Yet, direct channel, being a traditional selling platform, remains a leading sales funnel for manufacturers, accounting for a major share in the gear measuring machines market.  

Request For Report Sample at https://www.factmr.com/connectus/sample?flag=S&rep_id=2062

Competitive Landscape

The gear measuring machines market report includes analysis on various key players involved in the manufacturing and distribution of gear measuring machines. Key facets of players such as SWOT analysis, product portfolio, key developments, mergers and acquisitions and expansion strategies are included in the report. The gear measuring machines market report has profiled companies including but not limited to Gleason Corporation, Klingelnberg AG, KAPP Werkzeugmaschinen GmbH, and Mahr GmbH.

Manufacturers in the gear measuring machines business have been focusing on regional expansion to increase their production capacities. For instance, Gleason Corporation has recently opened new technology and manufacturing center in Switzerland. This new plant includes fully automated manufacturing that enhances the capacity by 60 percent as compared to previous plants. Players in the gear measuring machines market are also focusing on acquisitions to expand their portfolios and overall footprint. Mahr Metering Systems GmbH recently acquired Unipre GmbH, to enhance its technological expertise and develop highly effective gear measuring pumps.

Companies are involved in product line extensions and are introducing new gear measuring machines. Gleason Corporation launched Open Data Exchange Interface for its GEMS software. This interface enhances strength of GEMS software in inspecting and analyzing micro-geometry of gear tooth, transmission errors and contact stresses.

Mahr extended its gear measuring machines product line by introducing a range of new confocal measuring systems particularly for 3D measurements that facilitate efficient gear surface inspection.

Klingelnberg AG has designed P 16 Precision measuring machine. This gear measuring machine can be used to inspect cylindrical gears and bevel gears. KAPP Niles has introduced PGM 400 and ultra-high gear measuring machines – the KNM 7Cs – for efficient inspection of gears with diameters 500mm-1600 mm.

Definition

Gear measuring machines are equipment used to inspect gear tooth profiles, pitch circle diameter, roughness of gear surface and gear module. Gear measuring machines are used to inspect various gears such as bevel gears, external and internal gears, helical gears, spur gears, worm gears, planetary gears and hypoid gears. Gear measuring machines are a vital tool that facilitate enable gear manufacturing as per set standards as well as ensure efficient power transmission using gears. Gear measuring machines are widely used across various industries such as automotive, aviation, agriculture, wind power generation and metal & mining.

About the Report

The report on gear measuring machines market is a comprehensive compilation of key facets circling the gear measuring machines marketplace. Various key aspects influencing the demand and sales of gear measuring machines, such as drivers, restraints and trends, are covered in the gear measuring machines market report. The gear measuring machines market report offers vital insights on the use of gear measuring machines across various industrial applications along with regional assessment. Historical data, current gear measuring machines demand scenario and future projections on sales of gear measuring machines is provided in the gear measuring machines market report.

Gear Measuring Machines Market Structure

The gear measuring machines market report covers an in-depth segmentation covering all vital aspects of gear measuring machines. The gear measuring machines market is segmented on the basis of max workpiece diameter, sales channel, application and region. The gear measuring machines with respect to max workpiece diameter are classified into less than 650 mm, 650-1500 mm and more than 1500 mm.

Gear measuring machines find their applications across industries such as agriculture, aviation, automotive, metal & mining, wind power generation and others. Sales channel assessment for gear measuring machines covers analysis on direct sales channels and online/indirect sales channel. The gear measuring machines market is analyzed across key regions including North America, Latin America, Europe, CIS & Russia, Japan, Asia Pacific excluding Japan (APEJ) and Middle East and Africa (MEA).

Additional Questions Answered

Apart from above findings, the gear measuring machines market report covers additional insights on key questions such as:

How many units of gear measuring machines are likely to be sold by end of the period of assessment (2028)?
Which is the most attractive region with respect to sales of gear measuring machines?
Would manufacturing of electric vehicles impact the growth of the gear measuring machines market in the coming years?
In which application are gear measuring machines widely used?
Would coordinate measuring machines impact sales of gear measuring machines and overall growth of gear measuring machines market?
Research Methodology

The report on gear measuring machines market is crafted using unique research methodology that entails primary and secondary research methods. The insights and statistics in the gear measuring machines market report are compiled by triangulating data from primary, secondary and external sources, enhancing the accuracy to the researched insights.

Report Overview at https://www.factmr.com/report/2062/gear-measuring-machine-market

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.

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