MRO Magazine

Global Industrial Gearbox Market 2015-2019 – Growing Popularity of Direct Drive Technology

December 7, 2015 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/c9ff25/global_industrial) has announced the addition of the “Global Industrial Gearbox Market 2015-2019” report to their offering.

The global industrial gearbox market to grow at a CAGR of 5.41% over the period 2014-2019.

Global Industrial Gearbox Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global industrial gearbox market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

The market is highly fragmented and abounds with similar products that have little scope for differentiation and customization. Therefore, vendors are striving to offer turnkey solutions ranging from installation to after-sales services, in order to increase their customer base. For instance, Siemens offers an integrated drive portfolio that includes all frequency converters, motors, couplings, and gear units as well as installation, testing, and compatibility check services. Therefore, such turnkey solutions will help vendors cater to rising customer expectations, thereby fueling market growth.

According to the report, manual and automatic transmission systems are key segments of the automotive transmission market. The manual transmission segment is gaining momentum owing to the need for repairing and replacing automobile parts. The automatic transmission system segment is growing because such transmissions have better vehicle performance and fuel economy, making them more attractive to end-users.

Also, manufacturers are increasingly investing in R&D to design products that meet the stringent carbon emissions standards and reduce power transmission response time. These systems commonly require helical gearboxes to increase the operational efficiency of vehicles. Product advances fuel the growth of the automotive transmission market, which, in turn, increases the need for gearboxes.

Key vendors

  • ABB
  • Bonfiglioli
  • Emersion Electric
  • Rexnord
  • SEW Eurodrive
  • Siemens

Other prominent vendors

  • Brevini Power Transmission
  • Cone Drive Operations
  • Curtis Machine Company
  • David Brown Engineering
  • Horsburgh & Scott
  • Oerlikon Graziano Drive Systems

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/c9ff25/global_industrial

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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