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Global Engineered Gearbox and Drives Market 2017-2021

About Engineered Gearbox and Drives

Engineered gearbox and drives are customized/tailor made as per end-user requirements and specifications. They are either manufactured by modifying the components of standard off-the-shelf gearbox and drives or designed and built from scratch.

Technavio’s analysts forecast the global engineered gearbox and drives market to grow at a CAGR of 4.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global engineered gearbox and drives market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of engineered gearbox and drives.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Engineered Gearbox and Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bonfiglioli
  • David Brown Gear Systems
  • Renold
  • Rexnord
  • Sumitomo
  • Timken
Other prominent vendors
  • ABB
  • AOKMAN
  • Befared
  • Cat
  • Cone Drive
  • Emerson Electric
  • Esenpro
  • GearTec
  • Hansen
  • Horsburgh & Scott
  • IGW
  • Involute
  • Klingelnberg
  • Kumera
  • Rossi
  • Rotork
  • SEW-EURODRIVE
  • Shackleton Engineering
  • Sherbrooke Gear Works
  • Siemens
  • STOBER
  • SureGear
  • TECO-Westinghouse
  • Turner Uni-drive
  • Watt Drive-WEG Group
  • WIKOV
Market driver
  • Increased demand for engineered solutions in power industry
  • For a full, detailed list, view our report
Market challenge
  • Continued use of standard off-the-shelf gearbox and drives
  • For a full, detailed list, view our report
Market trend
  • Use of 3D printing for engineered gearbox and drives component manufacture
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Engineered Gearbox and Drives Market 2017-2021

Technavio recognizes the following companies as the key players in the global engineered gearbox and drives market: Bonfiglioli, David Brown Gear Systems, Renold, Rexnord, Sumitomo Drive Technologies, and Timken.

Other Prominent Vendors in the market are: ABB, AOKMAN, Befared, Cat, Cone Drive, Emerson Electric, Esenpro, GearTec, Hansen, Horsburgh & Scott, IGW, Involute, Klingelnberg, Kumera, Rossi, Rotork, SEW-EURODRIVE, Shackleton Engineering, Sherbrooke Gear Works, Siemens, STOBER, SureGear, TECO-Westinghouse, Turner Uni-drive, Watt Drive-WEG Group, and WIKOV.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is use of 3D printing for engineered gearbox and drives component manufacture. Additive manufacturing, also known as 3D printing is a rapid and cost-efficient manufacturing process that enables the creation of accurate 3D objects by processing data from a digital file. After the specified dimensions of the object are recorded in the digital file, the digital printer lays down successive layers of materials such as plastic and metal and builds the object. The level of precision and accuracy achieved by 3D printing is beneficial in building engineered/customized gearbox and drives, which have highly complex designs and requirements.”

According to the report, one of the major drivers for this market is increased demand for engineered solutions in power industry. The power industry operates in a rugged environment, which requires continuous and uninterrupted functioning of components such as turbines and fans that are driven by industrial gearbox and drives. We observe that the estimated operational life of a gearbox and drive used in the power industry usually does not extend beyond seven years due to high environmental stress and loading.

Further, the report states that one of the major factors hindering the growth of this market is continued use of standard off-the-shelf gearbox and drives. Customized gearbox solutions are in demand due to several factors like nature of plant design, capacity, machinery functionality, and individual end-user requirements; however, off-the-shelf gearbox and drives continue to dominate the market.

Companies Mentioned

Bonfiglioli, David Brown Gear Systems, Renold, Rexnord, Sumitomo Drive Technologies, Timken, ABB, AOKMAN, Befared, Cat, Cone Drive, Emerson Electric, Esenpro, GearTec, Hansen, Horsburgh & Scott, IGW, Involute, Klingelnberg, Kumera, Rossi, Rotork, SEW-EURODRIVE, Shackleton Engineering, Sherbrooke Gear Works, Siemens, STOBER, SureGear, TECO-Westinghouse, Turner Uni-drive, Watt Drive-WEG Group, WIKOV.

  • Executive summary
  • Scope of the report
    • Market overview
    • Product definition
    • Market segmentation
      • Table Segmentation of global engineered gearbox and drives market
      • Table Key regions covered
      • Table Key regions
    • Key vendors in the market
      • Table Key vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
    • Report assumptions
      • Table Report assumptions
  • Introduction
    • Key market highlights
      • Table Classification of gearbox and drives
      • Table Advantages of engineered/customized gearbox and drives over off-the-shelf gearbox and drives
  • Market landscape
    • Market overview
      • Table Global engineered gearbox and drives market 2016-2021 ($ billions)
      • Table Factors that affect the lifespan and energy efficiency of gearbox and drives
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Common gearbox and drives customization
      • Table Types of gears in customized gearbox and drives
    • Global engineered gearbox and drives by product
      • Table Global engineered gearbox and drives market: Product segmentation 2016 and 2021
      • Table Global engineered gearbox and drives market by product 2016-2021 ($ millions)
      • Table Advantages of customized planetary gearbox and drives
    • Market insights
  • Market segmentation by end-user
    • Market overview: Global engineered gearbox and drives market
      • Table Global engineered gearbox and drives market: End-user segmentation 2016 and 2021
    • Global engineered gearbox and drives market in process industries
      • Table Global engineered gearbox and drives market in process industries 2016-2021 ($ billions)
      • Table Application of gearbox and drives in thermal power plants
      • Table Turbine type
      • Table Types of customized gearbox and drives used in nuclear power plants
      • Table Regulations/standards governing customized gearbox and drives in power industry
      • Table Demand for customized gearbox and drives in power industry
      • Table Equipment requiring customized gearbox and drives in oil and gas industry
      • Table Customized gearbox and drives and their applications in steel and metal processing industry
      • Table Key planned investments in aluminum industry 2015
      • Table Customized gearbox and drives and their applications in mining industry
      • Table Customized gearbox and drives and their applications in cement industry
      • Table Global cement market by revenue and production 2015-2020
      • Table Key planned investments in cement industry 2016
      • Table Equipment requiring customized gearbox and drives in food and beverage and pharmaceutical industries
      • Table Equipment requiring customized gearbox and drives in pulp and paper industry
      • Table Equipment requiring customized gearbox and drives in chemical and petrochemical industry
    • Global engineered gearbox and drives market in discrete industries
      • Table Global engineered gearbox and drives market in discrete industries/automotive industry 2016-2021 ($ millions)
      • Table Equipment requiring engineered gearbox and drives in automotive industry
  • Geographical segmentation
    • Market overview
      • Table Global engineered gearbox and drives market: Geographical segmentation 2016 and 2021
    • Engineered gearbox and drives market in APAC
      • Table Engineered gearbox and drives market in APAC 2016-2021 ($ millions)
      • Table China cement production 2016-2021 (billion tons)
      • Table Cement capacity in India 2016
      • Table Key planned pipeline investments in APAC 2015
    • Engineered gearbox and drives market in EMEA
      • Table Engineered gearbox and drives market in EMEA 2016-2021 ($ millions)
    • Engineered gearbox and drives market in Americas
      • Table Engineered gearbox and drives market in Americas 2016-2021 ($ millions)
  • Market drivers
    • Increased demand for engineered solutions in power industry
      • Table Global new power plant installation capacity forecast 2016-2021 (GW)
    • Demand for noise-free gearbox and drives
    • Availability of online product configuration software
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Continued use of standard off-the-shelf gearbox and drives
    • Increased adoption of direct-drive systems
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Use of 3D printing for engineered gearbox and drives component manufacture
    • Sensors in gearbox and drives
    • Introduction of magneto gearbox and drives
  • Vendor landscape
    • Competition overview
      • Table Market growth strategy of established vendors
  • Key vendor analysis
    • Bonfiglioli
      • Table Bonfiglioli: Product offerings
    • David Brown Gear Systems
      • Table David Brown Gear Systems: Product offerings
    • Renold
      • Table Organization revenue share by region 2015 (%)
      • Table Renold: Product offerings
    • Rexnord
      • Table Rexnord: Process and motion control segment revenue market share by region 2015 (%)
      • Table Rexnord: Manufacturing, warehouse, and repair facilities for process & motion control segment
      • Table Rexnord: Product offerings
    • Sumitomo Drive Technologies
      • Table Sumitomo Drive Technologies: Standard product offerings that can be customized
    • Timken
      • Table Timken: Organization revenue share by region 2015 (%)
      • Table Timken: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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