Precision Gearbox Market is expected to grow at a CAGR of 9.1% during the forecast period and is expected to reach US$ 5.83 Bn by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
Precision Gearbox Market Overview:
Global precision gearbox industry share is driven by technological advancement to improve energy efficiency. Speed reducers with higher torque, maintenance-free construction, smooth running, compact design, high load capacity, and lower costs are some of the characteristics of these products which manufacturers are providing as their unique selling propositions. Emerging applications such as robotics will create demand for highly precise movements fulfilled by these products. Rising automation requirements in the manufacturing sector will drive the precision gearbox market size for use in assembly lines, controlling conveyor belts, bottling, packaging, and precise positioning of products. However, the Presence of substitutes like direct-drive systems may hamper the global market share. These products eliminate the use of gears, thus reducing the weight and complexity, and increasing efficiency as there is no energy loss. The shift from using coil-driven to permanent magnet driven products has reduced the overall costs of the direct-drive systems. Simulation of direct drives through software leads to more accurate power conversion as investments are saved in simulation processes.Precision Gearbox Market Segment Analysis:
By applications, the market is segmented as military & aerospace, food beverage & tobacco, machine tools, material handling, packaging, robotics and medical. Robotic precision gearbox dominates the market with over 50% share and will exhibit rapid growth over the forecast timeframe. This can be credited to increased demand in prosthetic limbs and joints for balancing and achieving precise movements in service and industrial robotics applications.Precision Gearbox Market Regional Analysis:
Region-wise, the Precision Gearbox market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to be the largest market for Precision Gearbox during the forecast period. Rising manufacturing base with an increased focus towards minimum operational costs & increased accuracy will support the demand over the forecast timeframe. Several countries have adopted their national regulations with international recommendations (IEC 60034-1), resulting in temperature classes, coolant temperatures, and temperature rise limits of the gearboxes under permissible values in any region. The key player across the Precision Gearbox industry are Brevini, SEW Eurodrive, and Siemens. The industry is highly fragmented as local manufacturers capture considerable share in many regions by providing cost advantages to customers against established companies. Growing requirements for tailored versions of standard gear offerings will increase precision gearbox market size over the forecast timeframe. 3D modeling has enabled producers to design and manufacture small quantities of custom products at low costs. Energy-efficiency classifications for electric motors have led to improved cost savings and reduced consumption. The new directives in the European Union referred to as EU Minimum Energy Performance Standard (MEPS) effective from January 2015 will improve the energy efficiency of electric motors by 20-30%. The objective of the report is to present a comprehensive analysis of the Global Precision Gearbox Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Precision Gearbox Market dynamics, structure by analyzing the market segments and project the Global Precision Gearbox Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Precision Gearbox Market make the report investor’s guide.Precision Gearbox Market, Key Highlights:
• Global Precision Gearbox Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Precision Gearbox Market • Global Precision Gearbox Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Precision Gearbox Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global Precision Gearbox Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Precision Gearbox Market are also profiled.Precision Gearbox Market Scope: Inquire before buying
Precision Gearbox Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 3.16 Bn. Forecast Period 2023 to 2029 CAGR: 9.1% Market Size in 2029: US $ 5.83 Bn. Segments Covered: by Product • Parallel • Right Angle • Planetary by Application • Military & Aerospace • Food Beverage & Tobacco • Machine Tools • Material Handling • Packaging • Robotics • Medical Precision Gearbox Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Precision Gearbox Market Key Players
• Brevini • SEW Eurodrive • Siemens • BONFIGLIOLI RIDUTTORI • Dana Brevini Power – Transmission • Güdel • SEW-EURODRIVE • ABB • Anaheim Automation • CGI • Cone Drive Engineering • Curtis Machine Company • David Brown Santasalo • Emerson • HORSBURGH • SCOTT • MS-Graessner • Melior Motion • Neugart • Oerlikon Graziano • PARKER HANNIFIN • Rexnord • Varitron Engineering Frequently Asked Questions: 1. Which region has the largest share in Global Precision Gearbox Market? Ans North America region holds the highest share in 2022. 2. What is the growth rate of Global Precision Gearbox Market? Ans: The Global Precision Gearbox Market is growing at a CAGR of 9.1% during forecasting period 2022-2029. 3. What is scope of the Global Precision Gearbox market report? Ans: Global Precision Gearbox Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Precision Gearbox market? Ans: The important key players in the Global Precision Gearbox Market are – Brevini, SEW Eurodrive, Siemens, BONFIGLIOLI RIDUTTORI, Dana Brevini Power – Transmission, Güdel, SEW-EURODRIVE, ABB, Anaheim Automation, CGI, Cone Drive Engineering, Curtis Machine Company, David Brown Santasalo, Emerson, HORSBURGH, SCOTT, MS-Graessner, Melior Motion, Neugart, Oerlikon Graziano, PARKER HANNIFIN, Rexnord, and Varitron Engineering 5. What is the study period of this market? Ans: The Global Precision Gearbox Market is studied from 2022 to 2029.
1. Precision Gearbox Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Precision Gearbox Market: Dynamics 2.1. Precision Gearbox Market Trends by Region 2.1.1. North America Precision Gearbox Market Trends 2.1.2. Europe Precision Gearbox Market Trends 2.1.3. Asia Pacific Precision Gearbox Market Trends 2.1.4. Middle East and Africa Precision Gearbox Market Trends 2.1.5. South America Precision Gearbox Market Trends 2.2. Precision Gearbox Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Precision Gearbox Market Drivers 2.2.1.2. North America Precision Gearbox Market Restraints 2.2.1.3. North America Precision Gearbox Market Opportunities 2.2.1.4. North America Precision Gearbox Market Challenges 2.2.2. Europe 2.2.2.1. Europe Precision Gearbox Market Drivers 2.2.2.2. Europe Precision Gearbox Market Restraints 2.2.2.3. Europe Precision Gearbox Market Opportunities 2.2.2.4. Europe Precision Gearbox Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Precision Gearbox Market Drivers 2.2.3.2. Asia Pacific Precision Gearbox Market Restraints 2.2.3.3. Asia Pacific Precision Gearbox Market Opportunities 2.2.3.4. Asia Pacific Precision Gearbox Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Precision Gearbox Market Drivers 2.2.4.2. Middle East and Africa Precision Gearbox Market Restraints 2.2.4.3. Middle East and Africa Precision Gearbox Market Opportunities 2.2.4.4. Middle East and Africa Precision Gearbox Market Challenges 2.2.5. South America 2.2.5.1. South America Precision Gearbox Market Drivers 2.2.5.2. South America Precision Gearbox Market Restraints 2.2.5.3. South America Precision Gearbox Market Opportunities 2.2.5.4. South America Precision Gearbox Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Precision Gearbox Industry 2.8. Analysis of Government Schemes and Initiatives For Precision Gearbox Industry 2.9. Precision Gearbox Market Trade Analysis 2.10. The Global Pandemic Impact on Precision Gearbox Market 3. Precision Gearbox Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Precision Gearbox Market Size and Forecast, by Product (2022-2029) 3.1.1. Parallel 3.1.2. Right Angle 3.1.3. Planetary 3.2. Precision Gearbox Market Size and Forecast, by Application (2022-2029) 3.2.1. Military & Aerospace 3.2.2. Food Beverage & Tobacco 3.2.3. Machine Tools 3.2.4. Material Handling 3.2.5. Packaging 3.2.6. Robotics 3.2.7. Medical 3.3. Precision Gearbox Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Precision Gearbox Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Precision Gearbox Market Size and Forecast, by Product (2022-2029) 4.1.1. Parallel 4.1.2. Right Angle 4.1.3. Planetary 4.2. North America Precision Gearbox Market Size and Forecast, by Application (2022-2029) 4.2.1. Military & Aerospace 4.2.2. Food Beverage & Tobacco 4.2.3. Machine Tools 4.2.4. Material Handling 4.2.5. Packaging 4.2.6. Robotics 4.2.7. Medical 4.3. North America Precision Gearbox Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Precision Gearbox Market Size and Forecast, by Product (2022-2029) 4.3.1.1.1. Parallel 4.3.1.1.2. Right Angle 4.3.1.1.3. Planetary 4.3.1.2. United States Precision Gearbox Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Military & Aerospace 4.3.1.2.2. Food Beverage & Tobacco 4.3.1.2.3. Machine Tools 4.3.1.2.4. Material Handling 4.3.1.2.5. Packaging 4.3.1.2.6. Robotics 4.3.1.2.7. Medical 4.7.2. Canada 4.3.2.1. Canada Precision Gearbox Market Size and Forecast, by Product (2022-2029) 4.3.2.1.1. Parallel 4.3.2.1.2. Right Angle 4.3.2.1.3. Planetary 4.3.2.2. Canada Precision Gearbox Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Military & Aerospace 4.3.2.2.2. Food Beverage & Tobacco 4.3.2.2.3. Machine Tools 4.3.2.2.4. Material Handling 4.3.2.2.5. Packaging 4.3.2.2.6. Robotics 4.3.2.2.7. Medical 4.7.3. Mexico 4.3.3.1. Mexico Precision Gearbox Market Size and Forecast, by Product (2022-2029) 4.3.3.1.1. Parallel 4.3.3.1.2. Right Angle 4.3.3.1.3. Planetary 4.3.3.2. Mexico Precision Gearbox Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Military & Aerospace 4.3.3.2.2. Food Beverage & Tobacco 4.3.3.2.3. Machine Tools 4.3.3.2.4. Material Handling 4.3.3.2.5. Packaging 4.3.3.2.6. Robotics 4.3.3.2.7. Medical 5. Europe Precision Gearbox Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.2. Europe Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3. Europe Precision Gearbox Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.1.2. United Kingdom Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.2.2. France Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.3.2. Germany Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.4.2. Italy Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.5.2. Spain Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.6.2. Sweden Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.7.2. Austria Precision Gearbox Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Precision Gearbox Market Size and Forecast, by Product (2022-2029) 5.3.8.2. Rest of Europe Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Precision Gearbox Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.7. Asia Pacific Precision Gearbox Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.1.2. China Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.2.2. S Korea Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.3.2. Japan Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.4.2. India Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.5.2. Australia Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.6.2. Indonesia Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.7.2. Malaysia Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.8.2. Vietnam Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.9.2. Taiwan Precision Gearbox Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Precision Gearbox Market Size and Forecast, by Product (2022-2029) 6.3.10.2. Rest of Asia Pacific Precision Gearbox Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Precision Gearbox Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Precision Gearbox Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Precision Gearbox Market Size and Forecast, by Application (2022-2029) 7.7. Middle East and Africa Precision Gearbox Market Size and Forecast, by Country (2022-2029) 7.7.1. South Africa 7.3.1.1. South Africa Precision Gearbox Market Size and Forecast, by Product (2022-2029) 7.3.1.2. South Africa Precision Gearbox Market Size and Forecast, by Application (2022-2029) 7.7.2. GCC 7.3.2.1. GCC Precision Gearbox Market Size and Forecast, by Product (2022-2029) 7.3.2.2. GCC Precision Gearbox Market Size and Forecast, by Application (2022-2029) 7.7.3. Nigeria 7.3.3.1. Nigeria Precision Gearbox Market Size and Forecast, by Product (2022-2029) 7.3.3.2. Nigeria Precision Gearbox Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Precision Gearbox Market Size and Forecast, by Product (2022-2029) 7.3.4.2. Rest of ME&A Precision Gearbox Market Size and Forecast, by Application (2022-2029) 8. South America Precision Gearbox Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Precision Gearbox Market Size and Forecast, by Product (2022-2029) 8.2. South America Precision Gearbox Market Size and Forecast, by Application (2022-2029) 8.7. South America Precision Gearbox Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Precision Gearbox Market Size and Forecast, by Product (2022-2029) 8.3.1.2. Brazil Precision Gearbox Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Precision Gearbox Market Size and Forecast, by Product (2022-2029) 8.3.2.2. Argentina Precision Gearbox Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Precision Gearbox Market Size and Forecast, by Product (2022-2029) 8.3.3.2. Rest Of South America Precision Gearbox Market Size and Forecast, by Application (2022-2029) 9. Global Precision Gearbox Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Precision Gearbox Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Brevini 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. SEW Eurodrive 10.3. Siemens 10.4. BONFIGLIOLI RIDUTTORI 10.5. Dana Brevini Power – Transmission 10.6. Güdel 10.7. SEW-EURODRIVE 10.8. ABB 10.9. Anaheim Automation 10.10. CGI 10.11. Cone Drive Engineering 10.12. Curtis Machine Company 10.13. David Brown Santasalo 10.14. Emerson 10.15. HORSBURGH 10.16. SCOTT 10.17. MS-Graessner 10.18. Melior Motion 10.19. Neugart 10.20. Oerlikon Graziano 10.21. PARKER HANNIFIN 10.22. Rexnord 10.23. Varitron Engineering 11. Key Findings 12. Industry Recommendations 13. Precision Gearbox Market: Research Methodology 14. Terms and Glossary