Press release
Global Industrial Gearbox Market to grow at a CAGR of 4.40% during 2016-2020
About Industrial GearboxA gearbox is a mechanical box that transmits energy from one device to another to reduce speed and generate torque. A gearbox assembly includes various components such as gears, shafts, bearing covers, bearing keys, oil rings, and oil seals. Among all the industrial gearboxes available in the market, the planetary gearbox segment has seen a recent surge in demand due to increasing awareness of alternate sources of energy.
Technavios analysts forecast the global industrial gearbox market to grow at a CAGR of 4.40% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial gearbox market for 2016-2020. To calculate the market size, the report considers the demand for industrial gearboxes from various end-user industries in the industrial gears and gearbox market and the demand for the equipment across all geographic regions.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial Gearbox Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Download Sample copy of Report at http://www.marketresearchreports.biz/sample/sample/902748
Key vendors
ABB
Bonfiglioli
Brevini Power Transmission
David Brown Gear Systems
Emerson Electric
Rexnord
SEW-EURODRIVE
Siemens
Other prominent vendors
Aero Gear
AH Gears
C-B Gear & Machine
China High Speed Transmission Equipment Group Co., Ltd.
Circle Gear & Machine Company
Cone Drive Operations
Columbia Gear
Curtis Machine Company
Delta Gear
Euro Gear
Excel Gear
The Gear Works
Gearbox Express
Gears & Gear Drives
Griffin Gear
Horsburgh & Scott
Northstar Aerospace
Shanthi Gears
Watt Drive Antriebstechnik
Winergy
Market driver
Expansion in wind power sector
For a full, detailed list, view our report
Market challenge
Growing popularity of direct drive technology
For a full, detailed list, view our report
Market trend
Vendors focusing on APAC
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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