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Gear & Speed Changer Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Apr 15, 2025
Length 42 Pages
SKU # IBSS20009762

Description

Gear & Speed Changer Manufacturing in the US

The Gear and Speed Changer Manufacturing industry makes power transmission equipment and gears used in the production processes of different downstream manufacturers. End users, which include food and beverage processors, paper manufacturers, plastic manufacturers and construction contractors, require power transmission equipment and gears to outfit their equipment. Through 2023, the pandemic created high economic uncertainty, suppressing consumer spending. Overall economic activity declined, slowing industrial production and weakening demand for the industry's products. Overall, revenue will stagnate to an estimated $4.2 billion through 2023.

This industry includes establishments engaged in manufacturing gears, speed changers and industrial high-speed drives. These components are used primarily in mechanical power transmissions for industrial machines or vehicles. This industry does not include passenger automobile transmission manufacturing.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

42 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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