Gear Hobbing Machine Market To Propel Growth Owing To Trend of 3D Printing, Growing Demand for Petroleum Products & Increase in Deepwater Exploration Till 2021 | Million Insights

The global Gear Hobbing Machine market research report is classified on the basis of product type, application and geography. 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. Factors propelling the market growth includesgrowing 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 Gear Hobbing Machines market in the upcoming years. Also, the growing trend of 3D printing for gears will boost the growth for the 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.

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On the basis of product type, the Gear Hobbing Machine market research report is classified ashorizontal 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 market 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 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 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 Gear Hobbing Machine market. 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 Gear Hobbing Machine market include Mitsubishi Heavy Industries, Gleason, Liebherr, Premier and Aeromech Technologies. The other prominent players operating in the 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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This report studies Gear Hobbing Machine in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with Production, price, revenue and market share for each manufacturer, covering

• Gleason
• LMT Tools
• Mitsubishi
• Premier
• Liebherr
• Bourn & Koch
• Aeromech Technologies
• Kishan
• SAMPUTENSILI
• PRAWEMA
• WTO

Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Gear Hobbing Machine in these regions, from 2011 to 2021 (forecast), like

• North America
• China
• Europe
• Japan
• India
• Southeast Asia

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into

• Type I
• Type II
• Type III

Split by application, this report focuses on consumption, market share and growth rate of Gear Hobbing Machine in each application, can be divided into

• Application 1
• Application 2
• Application 3

Related Reports of this Category available at Million Insights:
https://www.millioninsights.com/industry/machinery-and-machine-parts

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