Gear Hobbing Machine Market Share, Growth, Analysis and Forecast to 2021 | Hexa Research

Hobbing is a manufacturing process which is used in order to cut tooth type geometries. Hobbing is a significant industrial process for gear manufacturing. The process is carried out by means of a hobbing machine with two skew spindles, one of these spindles is mounted with the hob while the other is mounted with a blank workpiece. Hobbing is used to make different types of finished gears such as helical gears, splines, spur gears, sprockets, and so on.
Hobbing machines or hobbers, as they are usually known, are fully automated machines. Since the hobbers are required to manufacture gears of different sizes ranging from tiny instrument gears to large marine gears, they are offered in different sizes. A hobbing machine consists of a chuck, which holds the workpiece, a drive motor, and a hob mounted on a spindle. A hob is a cylindrical shaped cutting tool that cuts teeth into the workpiece.

The factors that propel the growth of the global Gear Hobbing Machine market research report include growing demand for petroleum products, which results in the exploration of new reservoirs in deep waters. In addition, an increase in deepwater exploration activities and ultra-deepwater exploration will fuel the growth of the global Gear Hobbing Machines market in the upcoming years.

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Also, the growing trend of 3D printing for gears will boost the growth for the global Gear Hobbing Machines market. Moreover, some of the other key factors contributing for this growth comprise decrease of capital costs, raw material costs, and costs to reclaim scrap. The global Gear Hobbing Machine market research report is classified on the basis of product type, application and geography. On the basis of product type, the global Gear Hobbing Machine market research report is classified as horizontal gear hobbing machine and vertical gear hobbing machine.

Among the product type, the vertical hobbing machines segment is projected to account a major share of the global Gear Hobbing Machine market research report and will continue to dominate the market for the next few years. The key factors that attributes to the growing demand for vertical hobbing machines is its flexibility and efficacy to produce higher product quality. On the basis of application, the global Gear Hobbing Machine market research report is classified as automobile, construction machinery, metallurgical machinery, oil and mining machinery, aerospace, motorcycle and others.

On the basis of geography, the global Gear Hobbing Machine market research report is classified as North America, Europe, Asia Pacific and Rest of the World. In case of geographical region, Asia Pacific is projected to account a major share of the global Gear Hobbing Machine market research report. It is also expected to continue its dominance in the market in the upcoming years.
The key factor accountable for the market’s growth in Asia Pacific is the growth in drilling activities in unconventional reserve bases like deepwater assets. Some of the key players that fuel the growth of the global Gear Hobbing Machine market research report include Mitsubishi Heavy Industries, Gleason, Liebherr, Premier and Aeromech Technologies.

The other prominent players operating in the global Gear Hobbing Machine market research report include LMT Tools, Bourn & Koch, Samputensili, Monnier + Zahner, Strojimport, Chongqing Machine Tool, Zaozhuang Yi Xin Heavy Machine Tools, EMAG, VANGUARD, WTO, PRAEWEMA ANTRIEBSTECHNIK, Felsomat, Star SU, KLINGELNBERG, Koepfer America, and FFG Werke.

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