Press release
Power Transmission Motion Control Industry 2019 Global Top Key Leaders by Custom Machine, Plastic PowerDrive, Altra, Industrial, Cangro, Forbes, E&E Special, C-Flex, Bearing, Servo2Go.com, NMB
Key Players:
The prominent players in the global power transmission and motion control market are – Altra Industrial Motion Corporation (U.S.), Cangro Industries, Inc. (U.S.), Forbes Engineering Sales, Inc. (U.S.), Poklar Power Motion, Inc. (U.S.), Custom Machine & Tool Co., Inc. (U.S.), Plastic PowerDrive Products, LLC. (U.S.), E&E Special Products LLC (U.S.), C-Flex Bearing Co., Inc. (U.S), Servo2Go.com Ltd. (U.S.), NMB Technologies Corporation (U.S.) and Applied Motion Products Inc. (U.S), among others
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Market Scenario:
The power transmission and motion control products are providing environmental friendly business venture and a way to offer green products to customers which is driving the market growth to the large extent. The companies are manufacturing the innovative new motion control and power transmission components and assemblies by which these products can penetrate into the niche market. The power transmission and motion control provides high quality, high performance solutions which enables the machinery to run more efficiently and increase its mean time between failure or repair.
The companies such as Altra Industrial Motion Corporation (U.S.), Cangro Industries, Inc. (U.S.), Forbes Engineering Sales, Inc. (U.S.), Poklar Power Motion, Inc. (U.S.), Custom Machine & Tool Co., Inc. (U.S.), are the leading manufacturers of high performance and cost savings power transmission and motion control equipment in the market. In 2017, Custom Machine & Tool Co., Inc. which is a leading provider of power transmission and motion control products, has launched a new interactive website with more viewing options and content to the detailed information in its product catalogs.
The study reveals that power transmission and motion control equipment are trending in North America region. The power transmission and motion control products are gaining momentum in these region as it is used in a wide variety of high-volume manufacturing processes. These products are more reliable, durable, and cost effective and enhancing the efficiency of manufacturing operations. These power transmission and motion control components such as linear motion slides and actuators, gearboxes, timing belts/pulleys/bushings, and a host of shaft couplings, bore reducers, and other mechanical devices. These components have huge demand in the market as it is widely used in mechanical drivetrains to create movement.
Segments:
The global power transmission & motion control market has been segmented on the basis of type, components, applications and region.
Global Power Transmission & Motion Control Market By Products:
• Motors
• Gearings
• Clutches & Brakes,
• Belts & Chain Drives
• Hydraulics/Pneumatics
• Others
Global Power Transmission & Motion Control Market By Components:
• Services
• Solutions
• Others
Global Power Transmission & Motion Control Market By Applications:
• Mining
• Automotive
• Aerospace & Defense
• Power Generation
• Pulp & Paper
• Oil & Gas
• Others
Global Power Transmission & Motion Control Market By Regions:
• North America
• Europe
• APAC
• Rest of The World
Market Research Analysis:
On geographic basis, global power transmission and motion control market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the power transmission and motion control market. The power transmission and motion control is gaining huge demand due to the presence of major players such as Custom Machine & Tool Co., Inc. (U.S.)), Forbes Engineering Sales, Inc. (U.S.) in these regions. In this market, Europe is to be estimated to be the second largest market share for power transmission and motion control during the forecast period due to economic development and industrial production in Europe.
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Industry News:
The Power Transmission Distributor Association welcomed two distributors and manufacturer members. The distributor members include Misumi USA and Verona Industrial Equipment L.L.C., and the manufacturer members include Habasit America, and Jones Bearing Co. Misumi is the supplier for mechanical components for press die and plastic mold components, factory automation, gauges, and cutting tools. Verona sells and distributes drivers and starter controls, electric motors, and gearbox equipment for applications like automotive, machine manufacturers, heavy industrial manufacturing, and process industries. Habasit is a supplier for conveyor belting products and power transmission. Jones is a manufacturer of mounted roller bearings.
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