Press release
Industrial Gearbox Market 2016 to grow at a CAGR of 5.41% during the period to 2020
Gearbox is a mechanical method to transfer energy from one device to another. It is located at the junction of power shaft and motor, and is commonly used for creating right angle change in direction. It is classified into precision and standard. Gearboxes mainly differ based on the construction and arrangement of the gears. Operational characteristics of gearboxes significantly differ based on these configurations.
Global industrial gearbox market to grow at a CAGR of 5.41% over the period 2014-2019.
Request For Free Report Sample @ http://goo.gl/YHJtaS
The need for enhanced vehicle performance has increased along with customers' changing requirements, fueling the demand for efficient gearboxes. In addition, advances in manual and automatic transmission systems have boosted the demand for gearboxes.
“Vendors in this market are increasingly focusing on vertical integration, as it helps them bridge the demand-supply gap, control the supply of essential parts and raw materials, and avoid component shortages,”.
“For instance, ZF has ventured into the wind energy segment as a gearbox supplier by acquiring Bosch Rexroth's industrial gear and wind turbine gearbox segments in May 2015.”
Covered in this report
The report includes the present scenario and the growth prospects of the global industrial gearbox market for the period 2015-2019.
Enquiry About This Report @ http://goo.gl/TbRwNO
Global Industrial Gearbox Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global industrial gearbox market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Bonfiglioli
• Emersion Electric
• Rexnord
• SEW Eurodrive
• Siemens
Other prominent vendors
• Brevini Power Transmission
• Cone Drive Operations
• Curtis Machine Company
• David Brown Engineering
• Horsburgh & Scott
• Oerlikon Graziano Drive Systems
Read More Research with TOC @ http://goo.gl/Hd8BLP
Key Market Drivers
Growth in the automotive transmission market
Growing need for wind turbine and turbine gearboxes in the thermal power plant market
Rising demand for mining equipment
Focus on mechanization in the agriculture sector
Key Market Trends
Demand for turnkey solutions
Focus on vertical integration
Emergence of multi-speed gearboxes
Key Market Vendors
ABB
Bonfiglioli Riduttori
Emerson Electric
Rexnord
Sew
Siemens
About Us
Global Market Firm is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.
Contact Us
Joel John
Suite #8138, 3422 SW 15 Street,
Deerfield Beach, Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Website: http://www.globalmarketfirm.com/
Email: erik@globalmarketfirm.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Gearbox Market 2016 to grow at a CAGR of 5.41% during the period to 2020 here
News-ID: 328575 • Views: …
More Releases from Global Market Firm
Industrial electronic chip market size estimated to reach USD 50 billion by 2023
Industrial electronic chip market size was valued over USD 33.7 billion in 2013 and it is estimated to reach USD 50 billion by 2023. The growth in the industry can be subjected to strengthening global economy along with increasing purchasing confidence among various nations.
Increasing adoption of LED’s among numerous consumers over incandescent lighting is estimated to act as catalyst in fuelling industrial electronic chips market demand. The surge in the…
Canada Power Market 2016 Growth, Size, Generation, Outlook to 2025, Investment T …
Canada Power Market Outlook to 2030 : Canada Power provides an detailed overview of Canada Power scenario.
This report on Canada Power also includes an review of trial numbers as well as their (Canada Power) average enrollment in uppermost/top countries which are conducted worldwide.
Canada Power report also covers disease clinical trials by country (G7 & E7), sponsor type, region, trial, research, review, Size status as well as end points status.
Report Canada…
Thermal Power in Spain Market 2016 Industry Analysis, Size, Outlook to 2025, Tre …
Thermal Power in Spain, Market Outlook to 2025, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles
Summary
The report "Thermal Power in Spain Market Outlook" provides in depth analysis on Thermal Power market in Spain with forecasts upto year 2025. This report analyzes the Thermal Power market scenario in Spain (also includes renewable energy, nuclear, conventional thermal and large hydro sources) and includes future…
Chile Power Market 2016 Outlook to 2025 Size, Trend, Growth, Analysis 2025
Chile Power Market Outlook to 2030 : Chile Power provides an detailed overview of Chile Power scenario.
This report on Chile Power also includes an review of trial numbers as well as their (Chile Power) average enrollment in uppermost/top countries which are conducted worldwide.
Chile Power report also covers disease clinical trials by country (G7 & E7), sponsor type, region, trial, research, review, Size status as well as end points status.
Report Chile…
More Releases for Gearbox
Extruder Gearbox Repair Experts Share 5 Key Warning Signs of Industrial Gearbox …
Image: https://www.globalnewslines.com/uploads/2025/02/5a9fa86448c7ebe4a95859747dc01b6f.jpg
Tampa, FL - February 25, 2025 - Leading experts in industrial gearbox repair [https://extrudergearbox.net/gearbox-repair/] are sharing their knowledge of the common warning signals of gearbox failure allowing businesses to extend the lifetime of their equipment and reduce expensive downtime. Having years of experience maintaining and repairing industrial gearboxes in many various industrial sectors such as the oil and mining industry, steel mills, nuclear plants, water and power plants. It's…
Wind Turbine Gearbox Market is Booming Worldwide | Chongqing Gearbox, Enercon, E …
Latest Study on Industrial Growth of Wind Turbine Gearbox Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Wind Turbine Gearbox market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Aircraft Reduction Gearbox Market
The global aircraft reduction gearbox market is experiencing a significant growth, due to increasing commercial & military aircraft fleet size. Aircraft reduction gearbox is a component of transmission system placed along with shafts for reducing the speed of the input, from the motor, while also multiplying the torque the input creates. Further, reduction gearbox makes it possible because the output gear has more teeth than the input gear allowing the…
Wind Turbine Gearbox Market Next Big Thing | Major Giants- Enercon, ZF Friedrich …
Latest Study on Industrial Growth of Wind Turbine Gearbox Market 2022-2027. A detailed study accumulated to offer Latest insights about acute features of the Wind Turbine Gearbox market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Wind Power Gearbox Market Future Prospects 2027 | Hangzhou Advance Gearbox Group …
The latest released research publication on Global Wind Power Gearbox Market is an in-depth Market tracker with a comprehensive evaluation of the challenges faced by manufacturers in current scenario to achieve new growth cycle. As Wind Power Gearbox Industry manufacturers have move toward digitization and data-oriented solutions; it is important to evaluate Wind Power Gearbox customer, business segments, products, aftermarket services, regions and channels to understand the elasticity in each…
Wind Power Gearbox Market 2019 Precise Scenario - Hangzhou Advance Gearbox Group …
Global Wind Power Gearbox Market 2019-2024 presents key statistics on the market status and it's an essential source of guidance that provides the right direction to the companies and individuals interested in the global Wind Power Gearbox industry. The report contains the newest industry data and industry future trends due to which, the document acts as a backbone for the success of business in any sector. The report then lists…
