2021 Mechanical Power Transmission Equipment Market Size, Revenue, Growth Development, Opportunities, Trends, Forecast To 2030

The Business Research Company offers "Mechanical Power Transmission Equipment Global Market Report 2021: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The mechanical power transmission equipment market report describes and explains the global mechanical power transmission equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The mechanical power transmission equipment market consists of sales of mechanical power transmission equipment and related services by entities (organizations, sole traders or partnerships) that produce mechanical power transmission equipment (except motor vehicle and aircraft), such as plain bearings, clutches, couplings, joints, and drive chains. The mechanical power transmission equipment market is segmented into plain bearings; joints; clutches; couplings; pulleys; chains and sprockets; and other mechanical power transmission equipment.

The global mechanical power transmission equipment market is expected to grow from $54.58 billion in 2020 to $56.91 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $77.36 billion in 2025 at a CAGR of 8%.

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Some of the major players of the mechanical power transmission equipment market are ABB, Altra, Timken, SKF, Gardner Denver.

The countries covered in the global mechanical power transmission equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global mechanical power transmission equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global mechanical power transmission equipment market is segmented -
1) By Type: Plain Bearings, Joints, Clutches, Couplings, Pulleys, Chains And Sprockets, Other Mechanical Power Transmission Equipment
2) By End-User Industry: Automotive, Aerospace And Defense, Power Industry, Other
3) By Sales Channel: OEM, Aftermarket

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Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Mechanical Power Transmission Equipment Market Characteristics
4.Mechanical Power Transmission Equipment Market Product Analysis
5.Mechanical Power Transmission Equipment Market Supply Chain
.....
21.Key Mergers And Acquisitions In The Mechanical Power Transmission Equipment Market
22.Market Background: Engine, Turbine, And Power Transmission Equipment Manufacturing Market Profiles
23.Recommendations
24.Appendix
25.Copyright And Disclaimer

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