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Gear Cutting Machines Market Set to Surge Significantly During 2026

01-10-2022 11:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: FactMR

A gear cutting machines is used to manufacture gear as per the different requirements. The gear cutting machines uses a number of cutting processes such as broaching, milling, hobbing and grinding instead of extruding, forging etc. The size of gear are getting smaller and production processes are getting fast owing to high demand.

Gear manufactures are trying to formulate different designs, which in turn helps in efficient power transmission. The leading gear cutting machines manufactures are constantly developing their machines to provide the required preciseness even for complex gear designs.

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Gear Cutting Machines Market – Regional Analysis
The global gear cutting machines market can be segmented into seven regions, which includes North America, Latin America, Europe, CIS & Russia, Japan, APEJ (Asia Pacific except Japan) and the Middle East and Africa. Growth prospects of gear cutting machines market in North America is relatively slow due to the early adoption.

On the other hand, the future of gear cutting machines market in the emerging geographies like China, India, Mexico and ASEAN are prominent because of high growth of the high demand for passenger cars and SUV’s, which, in turn, will increase the demand gear cutting machines in the future. Europe is anticipated to be the largest gear cutting machines market followed by APEJ over the forecast period.

Latin America gear cutting machines market is projected to grow with slow pace as compare to other region across the globe. Japan gear cutting machines market is also anticipated to grow with significant CAGR over the forecast period owing to the technological advancement in the country.

Gear cutting machines Market – Key Manufacturers
The gear cutting machines manufactures are spread across the globe. Some of the leading players in Gear cutting machines market are

Klingelnberg
Gleason Corporation
Kanzaki (Yanmar)
Liebherr
Kapp Werkzeugmaschinen
Chongqing Machine Tool
Reishauer
FFG Werke
MHI
TMTW
HMT Machine Tools
Samputensili
ZDCY
Qinchuan

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Gear cutting machines Market – Key Segments
The global gear cutting machines market can be segmented on the basis of machine type, application end-use industry and region. On the basis of machine type the gear cutting machines market can further be segmented as gear hobbing machine, gear shaping machine, gear shaving machine and others.

On the basis of application, the gear cutting machines market can be segmented as vehicle gear application and industrial machinery. The vehicle gear application is anticipated to grow with a significant CAGR as over the forecast period in global gear cutting machines market.

On the basis of end-use industry, the gear cutting machines market can further be divided as automotive industry, manufacturing, energy and power, oil & gas and others. The automotive industry segment is projected to hold significant market share in gear cutting machines market.

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