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Global Precision Gearbox Market 2017-2021

Global Precision Gearbox Market 2017-2021

About Precision Gearbox

Precision gearboxes are designed and produced carefully to exhibit high tolerance, enabling them to offer power densities and efficiency of 90% and more. Currently, there are several types of gearboxes available in the market, and hence it is important to match the right kind of gearbox with the drive, motor, and load. Machines having a combination of drives and motors, also known as servosystems, critically need a gearbox that enables an efficient repeatable motion. Precision gearbox, especially, planetary gearbox, fits the bill for every servo application. High-precision helical planetary gearboxes most suitable for applications that require high levels of accuracy and reliability. Backlash ratings for planetary gearboxes are low (ranges from one to nine arc-min). These systems offer a service life of over 20,000 hours when sized precisely without the need for any maintenance. Compared with other competitive products, helical planetary gears offer greater efficiency and quieter operation.

Technavio’s analysts forecast the global precision gearbox market to grow at a CAGR of 5.39% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global precision gearbox market for 2017-2021. To calculate the market size, the report considers the new installations by value and replacement market.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Precision Gearbox 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 RIDUTTORI
  • Dana Brevini Power – Transmission
  • Güdel
  • SEW-EURODRIVE
  • Siemens
Other prominent vendors
  • 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 (Taiwan)
Market driver
  • Automation as a core growth driver
  • For a full, detailed list, view our report
Market challenge
  • Enhanced precision
  • For a full, detailed list, view our report
Market trend
  • 3D printing of gears
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Precision Gearbox Market 2017-2021

Technavio recognizes the following companies as the key players in the global precision gearbox market: BONFIGLIOLI RIDUTTORI, Dana Brevini Power – Transmission, Güdel, SEW-EURODRIVE, and Siemens

Other Prominent Vendors in the market are: 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 (Taiwan).

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is 3D printing of gears. The manufacturing industry has seen a revolutionary technology, namely 3D printing. 3D printing is also known as additive manufacturing. It uses a digital file to create 3D objects and builds the product in thin layers one-by-one. 3D printing helps produce complex shapes that are not possible to create using traditional manufacturing techniques. It helps optimize the use of material, thereby minimizing wastage. Traditional techniques are subtractive in nature, wherein the manufacturing involves the elimination of excess material. Hence, more than half of the material that ends up as scrap is later melted and reused, which adds up to the cost.”

According to the report, one of the major drivers for this market is Automation as a core growth driver. One of the major benefits of process automation is increased productivity, which, in turn, drives market growth for most businesses. This results in increased profits, and helps businesses become more focused on loss control and resource regulation. Regardless of the end consequence, improving the overall efficiency of the process is beneficial for all enterprises. Automation in the production or fabrication of products helps companies gain competitive advantage; they can reduce labor costs and increase productivity. However, it is expensive to employ automated systems and equipment.

Further, the report states that one of the major factors hindering the growth of this market is Enhanced precision. Direct drive machines are free from mechanical vibrations as each unit operates autonomously. Mechanical transmissions lead to several micro-movements of machine parts, affecting the overall job-quality of the machine. With the introduction of servo motors and its electronic transmission mechanism, mechanical backlash is reduced greatly, resulting in a much more precise machinery. Moreover, when the operator needs to make changes to the position of the machinery and its corresponding parts, the axis motion is effective enough to offer a quick start-up time as well as ensure high-quality end products.

Companies Mentioned

BONFIGLIOLI RIDUTTORI, Dana Brevini Power – Transmission, Güdel, SEW-EURODRIVE, Siemens, 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 (Taiwan).

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Global precision gearbox market: End-user
      • Table Global precision gearbox market: Geography
  • Market landscape
    • Market size and forecast
      • Table Global precision gearbox market 2016-2021 ($ millions)
      • Table Projected growth of middle-class population 2015, 2025, and 2035 (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global precision gearbox market: End-user segmentation 2016 and 2021 (%)
    • Machine tools and industrial robotics
      • Table Global precision gearbox market: Machine tools and industrial robotics industry2016-2021 ($ millions)
      • Table Comparative demand performance for industrial robots in 2015 over 2014
      • Table Global change in annual supply of industrial robots 2006-2015 (%)
    • Packaging machinery
      • Table Global precision gearbox market: Packaging machinery industry 2016-2021($ millions)
    • Food and beverage processing machinery
      • Table Global precision gearbox market: Food and beverage processing machineryindustry 2016-2021 ($ millions)
    • Automated material handling
      • Table Global precision gearbox market: Automated material handling industry 2016-2021($ millions)
      • Table Automated material handling: Product categories
  • Geographical segmentation
    • Market overview
      • Table Global precision gearbox market: Geographic segmentation 2016 and 2021 (%)
    • EMEA
      • Table Precision gearbox market in EMEA 2016-2021 ($ millions)
    • APAC
      • Table Precision gearbox market in APAC 2016-2021 ($ millions)
    • Americas
      • Table Precision gearbox market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • 3D printing of gears
    • Government initiatives
    • Fully electrical systems replacing hydraulic applications
  • Vendor landscape
    • Competitive scenario
      • Table Global precision gearbox market: Concentration of customer base by region
      • Table Projected competitive advantages during forecast period
    • Other prominent vendors
  • Key vendor analysis
    • BONFIGLIOLI RIDUTTORI
    • Dana Brevini Power - Transmission
    • Güdel
    • SEW-EURODRIVE
    • Siemens
  • Appendix
    • List of abbreviations
  • Explore Technavio

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