Industrial Planetary Gearbox Market to Record USD 865.99 Mn growth|APAC to offer significant opportunities | Technavio

NEW YORK, Oct. 12, 2021 /PRNewswire/ — The global industrial planetary gearbox market size is set to increase by USD…

NEW YORK, Oct. 12, 2021 /PRNewswire/ — The global industrial planetary gearbox market size is set to increase by USD 865.99 million from 2021 to 2025. However, the growth momentum is expected to decelerate at a CAGR of almost 5% over the forecast period.

The industrial planetary gearbox market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by growing demand for planetary gearbox from the automotive industry.

Gain insights on the upcoming trends and challenges that will have a far-reaching effect on the market growth.

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The Industrial Planetary Gearbox Market is segmented by End-user (Discrete industry and Process industry) and Geography (APAC, Europe, North America, MEA, and South America).

This industrial planetary gearbox market report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The industrial planetary gearbox market covers the following areas:

Industrial Planetary Gearbox Market Sizing

Industrial Planetary Gearbox Market Forecast

Industrial Planetary Gearbox Market Analysis

Companies Mentioned

  • Altra Industrial Motion Corp.
  • Bonfiglioli Riduttori SpA
  • Dana Inc.
  • Delta Electronics Inc.
  • FLSmidth & Co. A/S
  • Kumera Corp.
  • Nidec Corp.
  • SEW-EURODRIVE GmbH & Co KG
  • Siemens AG
  • Sumitomo Heavy Industries Ltd.

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Global Industrial Gearbox Market – Global industrial gearbox market is segmented by product (standard gearbox and precision gearbox), end-user (power generation, oil and gas, general machinery, and others), and geography (APAC, Europe, North America, South America, and MEA).

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Global Geared Motors and Drives Market – Global geared motors and drives market is segmented by end-user segment (food and beverage, metals and mining, automotive, wind power, and others) and geography (APAC, Europe, North America, MEA, and South America).

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Industrial Planetary Gearbox Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of almost 5%

Market growth 2021-2025

$ 865.99 million

Market structure

Fragmented

YoY growth (%)

5.38

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 52%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Altra Industrial Motion Corp., Bonfiglioli Riduttori SpA, Dana Inc., Delta Electronics Inc., FLSmidth & Co. A/S, Kumera Corp., Nidec Corp., SEW-EURODRIVE GmbH & Co KG, Siemens AG, and Sumitomo Heavy Industries Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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