Press release
Industrial Gearbox Market is Propel by Growing Demand from the Automotive and Aerospace Industries
Key Trends
There are a few key trends in industrial gearbox technology that are worth mentioning.
Firstly, there is a trend towards higher power density gearboxes. This means that gearboxes are becoming smaller and more compact while still being able to deliver the same or more power.
Another key trend is the use of alternative materials for gearboxes. This is being driven by the need to reduce weight and increase efficiency.
Finally, there is a trend towards more intelligent gearboxes. This is where gearboxes are equipped with sensors and other devices that allow them to self-diagnose problems and even correct them in some cases.
Read more about Industrial Gearbox Market here: https://www.globalinsightservices.com/reports/industrial-gearbox-market/
Key Drivers
The industrial gearbox market is driven by various factors such as the need for energy-efficient transmission of power in industries, the need for low maintenance costs, and the need for high reliability.
The industrial gearbox market is also driven by the growing demand from the automotive and aerospace industries.
Key Players
The industrial gearbox market includes players such as Siemens AG, Bonfiglioli Italia S.P.A, Bondioli & Pavesi, Sew-Eurodrive, Dana Brevini, SEW Eurodrive, Emerson Electric, Sumitomo Heavy Industries, Comer Industries, Nidec Motor Corporation, and others.
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