Industrial Helical Gearbox Market to grow at a CAGR of 4.67% during 2017-2021: ABB, Bonfiglioli, Dana Brevini Motion Systems, Lenze, and NORD

MarketResearchNest.com adds “Global Industrial Helical Gearbox Market 2017-2021” new report to its research database. The report spread across 107 pages with table and figures in it.

Research analysts forecast the global industrial helical gearbox market to grow at a CAGR of 4.67% during the period 2016-2020.

About Industrial Helical Gearbox
An industrial helical gearbox is defined as a gearbox that uses helical gears for power transmission from the driver shaft to the driven shaft. These helical gears are inclined at an angle ranging between 15 degrees and 30 degrees to the face of the gear. Industrial helical gearboxes are the most common type of gearboxes, used widely in industries owing to the long life of the gears. The gears in these gearboxes are arranged in such a way that the driving gear and driven gear engage without any noise. The profile of the teeth enables smooth engagement, resulting in smooth operation. Helical gearboxes also have the capacity to carry heavy loads, as these gears enable the production of high torque and power transmissions.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial helical gearbox market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial helical gearbox.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-industrial-helical-gearbox-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Industrial Helical Gearbox Market 2017-2021, 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.

Technavio recognizes the following companies as the key players in the global industrial helical gearbox market: ABB, Bonfiglioli, Dana Brevini Motion Systems, Lenze, and NORD

Other Prominent Vendors in the market are: Altra Industrial Motion, Chenta, Elecon, Flender AG, and KEB.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Evolution of predictive maintenance. Predictive maintenance is a technology that helps in reducing operational and capital costs. It facilitates the efficient use of repair resources by proactive servicing and repairing of assets. Predictive maintenance needs to collect and analyze massive quantities of data to predict faults and errors outside the normal tolerance range. The three major solution enhancements in predictive maintenance over traditional maintenance are capturing sensor data, facilitating data communications, and making predictions.”

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According to the report, one of the major drivers for this market is Use of helical gears enables smooth operation. The teeth engagement in gears is a crucial factor that determines the smoothness of operation. The adoption of helical gears is increasing over spur gears, as helical gears offer smoother operation, avoiding noise and cracks in the gear tooth. Spur gears are particularly loud, as the teeth of the gears collide while engaging, thereby leading to vibrations. The teeth of a helical gear are cut at an angle to the face of the gear, ranging between 15-30 degrees. When the driver gear comes in contact with the driven gear, there is a continuous contact of one end of the tooth to another to ensure full engagement. This reduces the noise generated by gears during power transmission.

Further, the report states that one of the major factors hindering the growth of this market is Unpredictability in trade and industrial environment due to NAFTA renegotiations. NAFTA is a three-country accord negotiated by the governments of the US, Canada, and Mexico. NAFTA came into effect in January 1994 to integrate the trade between these countries and eliminate the tariffs on the products traded among them. In addition to protecting intellectual property and establishing dispute-resolution mechanisms among the three countries, the liberalization of the manufacturing sector was a major objective of NAFTA.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 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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