GLOBAL INDUSTRIAL GEARBOX MARKET 2020-2024

GLOBAL INDUSTRIAL GEARBOX MARKET 2020-2024

Global Industrial Gearbox Market 2020-2024

Technavio has been monitoring the global industrial gearbox market and it is poised to grow by USD 9.91 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on global industrial gearbox market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by adoption of industrial automation.In addition, growing repair and re-manufacture market for gearboxes used in high-performance applications is anticipated to boost the growth of the global industrial gearbox market as well.

Market Segmentation

Technavio's global industrial gearbox market is segmented as below:

Product:

  • Standard Gearbox
  • Precision Gearbox
End-user:
  • Power Generation
  • Oil & Gas
  • General Machinery
  • Others
Geographic Segmentation:
  • North America
  • APAC
  • Europe
  • South America
  • MEA
Key Trends for global industrial gearbox market growth

This study identifies growing repair and re-manufacture market for gearboxes used in high-performance applications as the prime reasons driving the global industrial gearbox market growth during the next few years.

Prominent vendors in global industrial gearbox market

We provide a detailed analysis of around 25 vendors operating in the global industrial gearbox market, including some of the vendors such as ABB Ltd., Bonfiglioli Riduttori SpA, China High Speed Transmission Equipment Group Co. Ltd., Elecon Engineering Co. Ltd., Rexnord Corp., SEW-EURODRIVE, Siemens AG, Sumitomo Heavy Industries Ltd., THE TIMKEN Co. and Triveni Engineering & Industries Ltd.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio

Technavio 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Product portfolio of key vendors included in the market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billions)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Table Product placement - Market share 2019-2024 (%)
    • Standard gearbox - Market size and forecast 2019-2024
      • Table Standard gearbox - Market size and forecast 2019-2024 ($ billions)
      • Table Standard gearbox - Year-over-year growth 2020-2024 (%)
    • Precision gearbox - Market size and forecast 2019-2024
      • Table Precision gearbox - Market size and forecast 2019-2024 ($ billions)
      • Table Precision gearbox - Year-over-year growth 2020-2024 (%)
  • Market Segmentation by End-user
    • Table End user placement - Market share 2019-2024 (%)
    • Power generation - Market size and forecast 2019- 2024
      • Table Power generation - Market size and forecast 2019-2024 ($ billions)
      • Table Power generation - Year-over-year growth 2020-2024 (%)
    • Oil & gas - Market size and forecast 2019-2024
      • Table Oil & gas - Market size and forecast 2019-2024 ($ billions)
      • Table Number of active rigs 2018-2019
      • Table Oil & gas - Year-over-year growth 2020-2024 (%)
    • General machinery - Market size and forecast 2019-2024
      • Table General machinery - Market size and forecast 2019-2024 ($ billions)
      • Table General machinery - Year-over-year growth 2020-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ Billion)
      • Table Others - Year-over-year growth 2020-2024 (%)
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
  • Drivers, Challenges, and Trends
    • Market drivers
    • Volume driver - Demand led growth
    • Volume driver - Demand shift in adjacent markets
    • Market challenges
      • Table Impact of drivers
      • Table Impact of challenges
    • Market trends
  • Vendor Landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Key news
      • Table ABB Ltd. - Segment focus
    • Bonfiglioli Riduttori SpA
      • Table Bonfiglioli Riduttori SpA - Overview
      • Table Bonfiglioli Riduttori SpA - Business segments
      • Table Bonfiglioli Riduttori SpA - Key offerings
      • Table Bonfiglioli Riduttori SpA - Key news
      • Table Bonfiglioli Riduttori SpA - Segment focus
    • China High Speed Transmission Equipment Group Co. Ltd.
      • Table China High Speed Transmission Equipment Group Co. Ltd. - Overview
      • Table China High Speed Transmission Equipment Group Co. Ltd. – Business segments
      • Table China High Speed Transmission Equipment Group Co. Ltd. - Key offerings
      • Table China High Speed Transmission Equipment Group Co. Ltd. - Key news
      • Table China High Speed Transmission Equipment Group Co. Ltd. - Segment focus
    • Elecon Engineering Co. Ltd.
      • Table Elecon Engineering Co. Ltd. - Overview
      • Table Elecon Engineering Co. Ltd. - Business segments
      • Table Elecon Engineering Co. Ltd. - Key offerings
      • Table Elecon Engineering Co. Ltd. - Segment focus
    • Rexnord Corp.
      • Table Rexnord Corp. - Overview
      • Table Rexnord Corp. - Business segments
      • Table Rexnord Corp. - Key offerings
      • Table Rexnord Corp. - Key news
      • Table Rexnord Corp. - Segment focus
    • SEW-Eurodrive Inc.
      • Table SEW-Eurodrive Inc. - Overview
      • Table SEW-Eurodrive Inc. - Key offerings
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Key news
      • Table Siemens AG - Segment focus
    • Sumitomo Heavy Industries Ltd.
      • Table Sumitomo Heavy Industries Ltd. - Overview
      • Table Sumitomo Heavy Industries Ltd. - Business segments
      • Table Sumitomo Heavy Industries Ltd. - Key offerings
      • Table Sumitomo Heavy Industries Ltd. - Key news
      • Table Sumitomo Heavy Industries Ltd. - Segment focus
    • THE TIMKEN Co.
      • Table THE TIMKEN Co. - Overview
      • Table THE TIMKEN Co. - Business segments
      • Table THE TIMKEN Co. - Key offerings
      • Table THE TIMKEN Co. - Key news
      • Table THE TIMKEN Co. - Segment focus
    • Triveni Engineering & Industries Ltd.
      • Table Triveni Engineering & Industries Ltd. - Overview
      • Table Triveni Engineering & Industries Ltd. - Business segments
      • Table Triveni Engineering & Industries Ltd. - Key offerings
      • Table Triveni Engineering & Industries Ltd. - Segment focus
  • Appendix
    • Scope of the report
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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