register free | resend password

Industrial Gearbox Market to Expand at a CAGR of 4.40% Through 2020

The global industrial gearbox market is expected to reach USD 28.49 billion by 2020 at a CAGR of 4.40%. Geographically, APAC will dominate the market, followed by EMEA and the Americas.

ID: 1477945
recent pressrelease next pressrelease

(businesspress24) - Albany, New York, December 29, 2016: A recent report focusing on the global market of industrial gearbox has been added to the vast archive of Market Research Hub (MRH). This study is titled as “Global Industrial Gearbox Market 2016-2020” which offers a comprehensive study of the market at a global level by focusing on several key regions. According to the report, expansion in the wind power sector is one of the key factors driving the growth of the market for presently and coming years also. Research Analysts have estimated that the global industrial gearbox market will grow at a CAGR of 4.40% until the end of 2020.

Request For Sample Report:

The first section of the study presents an overview on the industrial gearbox. Also, this section encapsulates the scope and overview of the market along with its challenges, trends, and drivers. A gearbox is a mechanical device used to convert the rotational energy of the engine to a rotational speed suitable for the wheels. A gearbox assembly includes varied components like gears, bearing covers, shafts, oil rings and seals. Among all the industrial gearboxes, the planetary gearbox segments have achieved a recent rise in demand owing to the growing awareness of alternate sources of energy.

Furthermore, the report segments the market on the basis of its product type, end-user, and geography. By product type it covers-precision and standard gearbox. Whereas, on the basis of end-user, it is categorized into following:

Construction, mining and material handling equipment
Automotive industry
Wind energy industry
Agricultural & food processing equipment

On the basis of geography, the market is categorized into APAC, Americas and EMEA. To calculate the market size, the report studies the demand for industrial gearboxes from the mentioned end-user industries and the demand for the equipment across all geographic regions. They operate as the source of power transmission for almost every form of a function that takes place in the industrial sector. Currently, the study has observed that there is strong growth in the mining industry, and will drive the growth prospects for the industrial gearbox market. This rise has occurred due to the huge surge in processes such as extraction and tunneling in the mining sector.

Geographically, in 2015, APAC has been accounted for the maximum market share and also it will continue to maintain its dominance for the coming years. Additionally, the rise in automobile sales also results for the increasing demand for a gearbox in this region.

Key manufacturers listed in the report are:

David Brown Gear Systems
Brevini Power Transmission
Emerson Electric

Browse Full Report with TOC:

Some of the prominent vendors available in the market are Columbia Gear, Gearbox Express, Horsburgh & Scott, Excel Gear, Aero Gears, Winergy etc.

More information:

Keywords (optional):

global-industrial-gearbox-market-report, industrial-gearbox-market-2016, industrial-gearbox-market-growth, gearbox-market-trends,

Company information / Profile:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

PressRelease by


PressContact / Agency:

90 State Street,
Albany, NY 12207,
United States
Toll Free: 866-997-4948 (US-Canada)
Tel: +1-518-621-2074
Email: press(at)

published by: MarketResearchHub
print pressrelease  send to a friend  

Date: 12/29/2016 - 13:29
Language: English
News-ID 1477945
Character count: 3495
Firma: Market Research HUB
Ansprechpartner: Prashant Tripathi Feedback to about Pressrelease-id:
Stadt: Albany
Telefon: +1-518-621-2074

Meldungsart: Produktinformation
Versandart: Veröffentlichung
Freigabedatum: 12.29.2016

Prashant Tripathi
Toll Free: 866-997-4948 (US-Canada)
Tel: +1-518-621-2074

Number of hits: 277


Direct Link to this PressRelease:

We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease

All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 51

Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.