세계의 산업용 기어박스 시장 : 전망과 예측(2023-2028년)

The industrial gearbox market is expected to grow at a CAGR of 4.22% from 2022-2028.

MARKET TRENDS & OPPORTUNITIES

Emerging Wind Power Industry

The global industrial gearbox market is experiencing gradual growth due to the increasing emphasis on replacing conventional energy sources with renewable alternatives, particularly in the wind power sector. Over the past two decades, solar and wind power generation, which were once considered costly options, have become highly competitive in terms of cost compared to the construction of new coal or gas plants. Building new wind and solar projects is expected to become more cost-efficient than continuing the operation of existing coal or gas plants. Moreover, an important factor contributing to the market's growth is the ambitious commitment made by the Global Wind Energy Council. They aim to achieve substantial offshore wind capacity, targeting 380 GW by 2030 and an impressive 2,000 GW by 2050 worldwide. This commitment will likely open significant opportunities for gearbox vendors to deploy wind turbines soon.

Increasing Sugar Industry

According to ITC Trade Map, Trade statistics for international business development, in 2021, The import value of Raw Cane Sugar in Indonesia was around USD 2,229,890 thousand, followed by China with an Import value of $ 1,942,598 thousand. India is the second major exporter of raw cane sugar, with an export value of $1,340,793 thousand, followed by Thailand with an export value of $630,065 thousand. Moreover, in November 2021, The Sugar Research Institute of Fiji released a new cane variety for commercial planting in 2022. The variety had a high sugar content, leading to better yield, more income for the growers, and increased total sugar production. Hence, the industrial gearbox market is witnessing increased demand, primarily driven by the growing sugar industry. The sugar sector is one of the largest industries that extensively utilize diverse machinery. In this industrial domain, gearboxes play a crucial role and are widely employed in their basic form. By integrating gearboxes into the operations of the sugar industry, the machines function efficiently and cohesively, leading to a positive and successful outcome. The use of gearboxes contributes to the well-organized and smooth functioning of the machines in the sugar industry.

SEGMENTATION INSIGHTS

INSIGHTS BY PRODUCT

The helical industrial gearbox segment dominated the global industrial gearbox market share in 2022. The parallel shafts and winding tooth lines are used in helical industrial gearboxes. They have stronger teeth that seamlessly blend, are quieter, and can transmit larger loads, making them ideal for elevated applications. The modular design and production of helical gearboxes offer various engineering and performance advantages, including a high degree of interchangeability of components and sub-assemblies, resulting in cost-effective construction while maintaining the highest standards of component integrity. Furthermore, the planetary industrial gearbox segment is the fastest-growing segment of the global industry during the forecast period. The planetary industrial gearbox is typically utilized as rotation multipliers. Automatic door openers, motorized wheels, and winches are among the most common applications of planetary industrial gearboxes.

Segmentation by Product

• Helical
• Planetary
• Bevel
• Worm Reduction
• Others

INSIGHTS BY CONFIGURATION

The global industrial gearbox market is configured by segments such as parallel axis, angular axis, and others. In 2022, the similar axis segment dominated the industry and accounted for a revenue share of over 41%. The parallel axis industrial gearbox has a simple mechanism for application in various industries. This type of industrial gearbox is highly efficient and runs at low and medium speeds. The angled axis segment is the fastest-growing segment of the industrial gearbox market. The angled axis industrial gearbox is produced at an angle of 90 degrees. The angled-axis industrial gearbox is widely used in the automotive and mechanical sectors.

Segmentation by Configuration

• Parallel Axis
• Angular Axis
• Others

INSIGHTS BY END-USER

The power generation end-user segment is dominating the global industrial gearbox market owing to the surge in demand for energy and power and the growing awareness regarding renewable energy, driving the market's growth. The industrial gearbox has many benefits, such as enhanced radial and axial load and reduced positioning time, causing the demand for industrial gearboxes. Moreover, the cement and aggregates market also significantly contributes to the market owing to cement consumption in the construction industry.

Segmentation by End-Users

• Power Generation
• Cement & Aggregates
• Food & Beverage
• Metals & Mining
• Chemical
• Construction
• Material Handling
• Others

GEOGRAPHICAL ANALYSIS

Asia-Pacific dominated the global industrial gearbox market in 2022. The region is home to several industries, including manufacturing, services, automobiles, and electrical drives, which consequently increase the need for power tools, explicitly cutting tools, which have applications in multiple industries. The APAC region has a strong manufacturing sector due to its easy availability and cheap labor cost. While Japan and South Korea are major manufacturers and exporters of electrical appliances and automobiles, Indonesia and China are leading in textile and oil exports. Factors such as growing demand for energy, rapid industrialization and urbanization, and rising initiatives for infrastructural development are boosting the growth of the industrial gearbox market in the Asia-Pacific region.

Segmentation by Geography

• APAC
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Europe
  • France
  • Germany
  • Italy
  • The U.K.
  • Spain
• North America
  • The U.S.
  • Canada
• Latin America
  • Brazil
  • Argentina
  • Mexico
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE

VENDOR LANDSCAPE

A diverse range of large and small players characterizes the global industrial gearbox market. These companies actively develop innovative products and invest in research and development initiatives to expand their product offerings. As international players grow their presence in various regions, local manufacturers may face competing challenges. The competition in the industry will primarily revolve around factors such as product durability, lifespan, performance, pricing, and customization options. Moreover, product innovation is gaining popularity in the market as many companies operating in the industrial gearbox market are developing innovative products to strengthen their position in the market.

Key Company Profiles

• Nangaochi Group
• Bonfiglioli
• ZF

Other Prominent Vendors

• Hangzhou ADVANCE Gearbox Group Co., Ltd.
• Chongqing Gearbox Co., Ltd.
• Ningbo Donly Co., Ltd.
• NORD Group
• Chongqing Wangjiang Industry Co., Ltd.
• Dalian Huarui Heavy Industry Group Co., Ltd
• Sumitomo Heavy Industries
• Bauer Gear GMBH
• Emerson Electric
• Elecon Engineering Co.Ltd
• Dana Bervini Power Transmission
• Jhonson Electric Holding Ltd
• J.S. Gears
• Flender GMBH
• Comer Industries S.p.A
• China High-Speed Transmission Equipment Group Co, Ltd

KEY QUESTIONS ANSWERED:

1. How big is the industrial gearbox market?

2. What is the growth rate of the global industrial gearbox market?

3. Which region dominates the global industrial gearbox market share?

4. Who are the key players in the global industrial gearbox market?

5. What are the significant trends in the industrial gearbox market?

TABLE OF CONTENTS

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

• 4.1 MARKET DEFINITION
  • 4.1.1 INCLUSIONS
  • 4.1.2 EXCLUSIONS
  • 4.1.3 MARKET ESTIMATION CAVEATS
• 4.2 BASE YEAR
• 4.3 SCOPE OF THE STUDY
  • 4.3.1 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

• 5.1 KEY CAVEATS
• 5.2 CURRENCY CONVERSION
• 5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

• 6.1 OVERVIEW
• 6.2 FUTURE OPPORTUNITIES
  • 6.2.1 EMERGING WIND POWER INDUSTRY
  • 6.2.2 GROWING SUGAR INDUSTRY
• 6.3 SEGMENTATION ANALYSIS
  • 6.3.1 PRODUCT
  • 6.3.2 CONFIGURATION
• 6.4 GEOGRAPHICAL ANALYSIS
• 6.5 KEY SNIPPETS

7 MARKET AT A GLANCE

8 INTRODUCTION

• 8.1 OVERVIEW
• 8.2 GROWTH ANALYSIS
• 8.3 MARKET SCENARIO
• 8.4 RECENT DEVELOPMENTS
• 8.5 RISE IN NEED FOR EFFICIENT INDUSTRIAL GEARBOX
• 8.6 EXPANSION OF INDUSTRY 4.0
• 8.7 RISING AUTOMATION IN MATERIAL-HANDLING EQUIPMENT
• 8.8 CHALLENGES IN MAINTAINING GEARBOXES
  • 8.8.1 REQUIREMENT OF A DRY PLACE
  • 8.8.2 TEMPERATURE
  • 8.8.3 PARTICULATE ISSUES
• 8.9 HYDRAULIC SYSTEMS VS GEARBOXES
• 8.10 INCREASING MANUFACTURING SECTOR IN APAC
• 8.11 GROWING ROBOTIC INDUSTRY

9 MARKET OPPORTUNITIES & TRENDS

• 9.1 EMERGING WIND POWER INDUSTRY
• 9.2 INCREASING FERTILIZER PRODUCTION
• 9.3 ADVANCES IN TECHNOLOGY

10 MARKET GROWTH ENABLERS

• 10.1 GROWING SUGAR INDUSTRY
• 10.2 RISING PAPER AND PACKAGING INDUSTRY
• 10.3 PRESENCE OF LARGE CEMENT INDUSTRY

11 MARKET RESTRAINTS

• 11.1 VIOLATION IN RAW MATERIAL PRICES
• 11.2 TECHNICAL CHALLENGES

12 MARKET LANDSCAPE

• 12.1 MARKET SIZE & FORECAST
• 12.2 FIVE FORCES ANALYSIS
  • 12.2.1 THREAT OF NEW ENTRANTS
  • 12.2.2 BARGAINING POWER OF SUPPLIERS
  • 12.2.3 BARGAINING POWER OF BUYERS
  • 12.2.4 THREAT OF SUBSTITUTES
  • 12.2.5 COMPETITIVE RIVALRY

13 PRODUCT

• 13.1 MARKET SNAPSHOT & GROWTH ENGINE
• 13.2 MARKET OVERVIEW
• 13.3 HELICAL
  • 13.3.1 MARKET SIZE & FORECAST
  • 13.3.2 MARKET BY GEOGRAPHY
• 13.4 PLANETARY
  • 13.4.1 MARKET SIZE & FORECAST
  • 13.4.2 MARKET BY GEOGRAPHY
• 13.5 BEVEL
  • 13.5.1 MARKET SIZE & FORECAST
  • 13.5.2 MARKET BY GEOGRAPHY
• 13.6 WORM REDUCTION
  • 13.6.1 MARKET SIZE & FORECAST
  • 13.6.2 MARKET BY GEOGRAPHY
• 13.7 OTHER
  • 13.7.1 MARKET SIZE & FORECAST
  • 13.7.2 MARKET BY GEOGRAPHY

14 CONFIGURATION

• 14.1 MARKET SNAPSHOT & GROWTH ENGINE
• 14.2 MARKET OVERVIEW
• 14.3 PARALLEL AXIS
  • 14.3.1 MARKET SIZE & FORECAST
  • 14.3.2 MARKET BY GEOGRAPHY
• 14.4 ANGULAR AXIS
  • 14.4.1 MARKET SIZE & FORECAST
  • 14.4.2 MARKET BY GEOGRAPHY
• 14.5 OTHERS (CONFIGURATIONS)
  • 14.5.1 MARKET SIZE & FORECAST
  • 14.5.2 MARKET BY GEOGRAPHY

15 END-USER

• 15.1 MARKET SNAPSHOT & GROWTH ENGINE
• 15.2 MARKET OVERVIEW
• 15.3 POWER GENERATION
  • 15.3.1 MARKET SIZE & FORECAST
  • 15.3.2 MARKET BY GEOGRAPHY
• 15.4 CEMENT & AGGREGATES
  • 15.4.1 MARKET SIZE & FORECAST
  • 15.4.2 MARKET BY GEOGRAPHY
• 15.5 FOOD & BEVERAGE
  • 15.5.1 MARKET SIZE & FORECAST
  • 15.5.2 MARKET BY GEOGRAPHY
• 15.6 METAL & MINING
  • 15.6.1 MARKET SIZE & FORECAST
  • 15.6.2 MARKET BY GEOGRAPHY
• 15.7 CHEMICAL
  • 15.7.1 MARKET SIZE & FORECAST
  • 15.7.2 MARKET BY GEOGRAPHY
• 15.8 CONSTRUCTION
  • 15.8.1 MARKET SIZE & FORECAST
  • 15.8.2 MARKET BY GEOGRAPHY
• 15.9 MATERIAL HANDLING
  • 15.9.1 MARKET SIZE & FORECAST
  • 15.9.2 MARKET BY GEOGRAPHY
• 15.10 OTHERS
  • 15.10.1 MARKET SIZE & FORECAST
  • 15.10.2 MARKET BY GEOGRAPHY

16 GEOGRAPHY

• 16.1 MARKET SNAPSHOT & GROWTH ENGINE
• 16.2 GEOGRAPHIC OVERVIEW

17 APAC

• 17.1 PESTLE ANALYSIS
  • 17.1.1 POLITICAL
  • 17.1.2 ECONOMIC
  • 17.1.3 SOCIAL
  • 17.1.4 TECHNOLOGICAL
  • 17.1.5 LEGAL
  • 17.1.6 ENVIRONMENTAL
• 17.2 MARKET SIZE & FORECAST
• 17.3 PRODUCT
  • 17.3.1 MARKET SIZE & FORECAST
• 17.4 CONFIGURATION
  • 17.4.1 MARKET SIZE & FORECAST
• 17.5 END-USER
  • 17.5.1 MARKET SIZE & FORECAST
• 17.6 KEY COUNTRIES
• 17.7 CHINA: MARKET SIZE & FORECAST
• 17.8 JAPAN: MARKET SIZE & FORECAST
• 17.9 INDIA: MARKET SIZE & FORECAST
• 17.10 AUSTRALIA: MARKET SIZE & FORECAST
• 17.11 SOUTH KOREA: MARKET SIZE & FORECAST

18 EUROPE

• 18.1 PESTLE ANALYSIS
  • 18.1.1 POLITICAL
  • 18.1.2 ECONOMIC
  • 18.1.3 SOCIAL
  • 18.1.4 TECHNOLOGICAL
  • 18.1.5 LEGAL
  • 18.1.6 ENVIRONMENTAL
• 18.2 MARKET SIZE & FORECAST
• 18.3 PRODUCT
  • 18.3.1 MARKET SIZE & FORECAST
• 18.4 CONFIGURATION
  • 18.4.1 MARKET SIZE & FORECAST
• 18.5 END-USER
  • 18.5.1 MARKET SIZE & FORECAST
• 18.6 KEY COUNTRIES
• 18.7 GERMANY: MARKET SIZE & FORECAST
• 18.8 FRANCE: MARKET SIZE & FORECAST
• 18.9 UK: MARKET SIZE & FORECAST
• 18.10 ITALY: MARKET SIZE & FORECAST
• 18.11 SPAIN: MARKET SIZE & FORECAST

19 NORTH AMERICA

• 19.1 PESTLE ANALYSIS
  • 19.1.1 POLITICAL
  • 19.1.2 ECONOMIC
  • 19.1.3 SOCIAL
  • 19.1.4 TECHNOLOGICAL
  • 19.1.5 LEGAL
  • 19.1.6 ENVIRONMENTAL
• 19.2 MARKET SIZE & FORECAST
• 19.3 PRODUCT
  • 19.3.1 MARKET SIZE & FORECAST
• 19.4 CONFIGURATION
  • 19.4.1 MARKET SIZE & FORECAST
• 19.5 END-USER
  • 19.5.1 MARKET SIZE & FORECAST
• 19.6 KEY COUNTRIES
• 19.7 US: MARKET SIZE & FORECAST
• 19.8 CANADA: MARKET SIZE & FORECAST

20 LATIN AMERICA

• 20.1 PESTLE ANALYSIS
  • 20.1.1 POLITICAL
  • 20.1.2 ECONOMIC
  • 20.1.3 SOCIAL
  • 20.1.4 TECHNOLOGICAL
  • 20.1.5 LEGAL
  • 20.1.6 ENVIRONMENTAL
• 20.2 MARKET SIZE & FORECAST
• 20.3 PRODUCT
  • 20.3.1 MARKET SIZE & FORECAST
• 20.4 CONFIGURATION
  • 20.4.1 MARKET SIZE & FORECAST
• 20.5 END-USER
  • 20.5.1 MARKET SIZE & FORECAST
• 20.6 KEY COUNTRIES
• 20.7 BRAZIL: MARKET SIZE & FORECAST
• 20.8 MEXICO: MARKET SIZE & FORECAST
• 20.9 ARGENTINA: MARKET SIZE & FORECAST

21 MIDDLE EAST & AFRICA

• 21.1 PESTLE ANALYSIS
  • 21.1.1 POLITICAL
  • 21.1.2 ECONOMIC
  • 21.1.3 SOCIAL
  • 21.1.4 TECHNOLOGICAL
  • 21.1.5 LEGAL
  • 21.1.6 ENVIRONMENTAL
• 21.2 MARKET SIZE & FORECAST
• 21.3 PRODUCT
  • 21.3.1 MARKET SIZE & FORECAST
• 21.4 CONFIGURATION
  • 21.4.1 MARKET SIZE & FORECAST
• 21.5 END-USER
  • 21.5.1 MARKET SIZE & FORECAST
• 21.6 KEY COUNTRIES
• 21.7 SAUDI ARABIA MARKET SIZE & FORECAST
• 21.8 SOUTH AFRICA: MARKET SIZE & FORECAST
• 21.9 UAE: MARKET SIZE & FORECAST

22 COMPETITIVE LANDSCAPE

• 22.1 COMPETITION OVERVIEW

23 KEY COMPANY PROFILES

• 23.1 NANGAOCHI GROUP
  • 23.1.1 BUSINESS OVERVIEW
  • 23.1.2 PRODUCT OFFERINGS
  • 23.1.3 KEY STRATEGIES
  • 23.1.4 KEY STRENGTHS
  • 23.1.5 KEY OPPORTUNITIES
• 23.2 BONFIGLIOLI
  • 23.2.1 BUSINESS OVERVIEW
  • 23.2.2 PRODUCT OFFERINGS
  • 23.2.3 KEY STRATEGIES
  • 23.2.4 KEY STRENGTHS
  • 23.2.5 KEY OPPORTUNITIES
• 23.3 ZF
  • 23.3.1 BUSINESS OVERVIEW
  • 23.3.2 PRODUCT OFFERINGS
  • 23.3.3 KEY STRATEGIES
  • 23.3.4 KEY STRENGTHS
  • 23.3.5 KEY OPPORTUNITIES

24 OTHER PROMINENT VENDORS

• 24.1 HANGZHOU ADVANCE GEARBOX GROUP CO., LTD
  • 24.1.1 BUSINESS OVERVIEW
  • 24.1.2 PRODUCT OFFERINGS
• 24.2 CHONGQING GEARBOX CO., LTD.
  • 24.2.1 BUSINESS OVERVIEW
  • 24.2.2 PRODUCT OFFERINGS
• 24.3 NINGBO DONLY CO., LTD.
  • 24.3.1 BUSINESS OVERVIEW
  • 24.3.2 PRODUCT OFFERINGS
• 24.4 NORD GROUP
  • 24.4.1 BUSINESS OVERVIEW
  • 24.4.2 PRODUCT OFFERINGS
• 24.5 CHONGQING WANGJIANG INDUSTRY CO., LTD
  • 24.5.1 BUSINESS OVERVIEW
  • 24.5.2 PRODUCT OFFERINGS
• 24.6 DALIAN HUARUI HEAVY INDUSTRY GROUP
  • 24.6.1 BUSINESS OVERVIEW
  • 24.6.2 PRODUCT OFFERINGS
• 24.7 SUMITOMO HEAVY INDUSTRIES
  • 24.7.1 BUSINESS OVERVIEW
  • 24.7.2 PRODUCT OFFERINGS
• 24.8 BAUER GEAR MOTOR
  • 24.8.1 BUSINESS OVERVIEW
  • 24.8.2 PRODUCT OFFERINGS
• 24.9 EMERSON ELECTRIC
  • 24.9.1 BUSINESS OVERVIEW
  • 24.9.2 PRODUCT OFFERINGS
• 24.10 ELECON ENGINEERING CO.LTD
  • 24.10.1 BUSINESS OVERVIEW
  • 24.10.2 PRODUCT OFFERINGS
• 24.11 DANA BREVINI POWER TRANSMISSION
  • 24.11.1 BUSINESS OVERVIEW
  • 24.11.2 PRODUCT OFFERINGS
• 24.12 JOHNSON ELECTRIC HOLDING LTD.
  • 24.12.1 BUSINESS OVERVIEW
  • 24.12.2 PRODUCT OFFERINGS
• 24.13 J.S. GEARS
  • 24.13.1 BUSINESS OVERVIEW
  • 24.13.2 PRODUCT OFFERINGS
• 24.14 FLENDER
  • 24.14.1 BUSINESS OVERVIEW
  • 24.14.2 PRODUCT OFFERINGS
• 24.15 COMER INDUSTRIES
  • 24.15.1 BUSINESS OVERVIEW
  • 24.15.2 PRODUCT OFFERINGS
• 24.16 CHINA HIGH-SPEED TRANSMISSION EQUIPMENT GROUP CO., LTD
  • 24.16.1 BUSINESS OVERVIEW
  • 24.16.2 PRODUCT OFFERINGS
• 24.17 THE TIMKEN COMPANY
  • 24.17.1 BUSINESS OVERVIEW
  • 24.17.2 PRODUCT OFFERINGS
• 24.18 RENK
  • 24.18.1 BUSINESS OVERVIEW
  • 24.18.2 PRODUCT OFFERINGS
• 24.19 SEW-EURODRIVE
  • 24.19.1 BUSINESS OVERVIEW
  • 24.19.2 PRODUCT OFFERINGS

25 REPORT SUMMARY

• 25.1 KEY TAKEAWAYS
• 25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

• 26.1 GEOGRAPHY
• 26.2 PRODUCT
• 26.3 CONFIGURATION
• 26.4 END-USER

27 APPENDIX

• 27.1 ABBREVIATIONS