Lucintel's latest market report analyzed that industrial gearbox provides attractive opportunities in the military and aerospace, food, beverage, and tobacco, machine tool, material handling, packaging, robotic, and medical end use industries. The industrial gearbox market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, planetary is the largest segment by product, whereas robotics is largest by end use industry. Increasing investment in renewable power generation and rapid industrialization provides strategic growth path in this market.
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Based on product, the industrial gearbox market is segmented into planetary,
harmonic, and cycloid. The planetary segment accounted for the largest share of
the market in 2023 and is expected to register the highest CAGR during the
forecast period, due to its high efficiency, more power density, and low
backlash.
Browse in-depth TOC on
“Industrial Gearbox Market”
XX – Tables
XX – Figures
150 – Pages
The Industrial Gearbox
Market is marked by the presence of several big and small players. Some of the
prominent players offering industrial gearbox include David Brown, Kumera
Corporation, Parsons Peebles LTD, Sumitomo Heavy Industries, Ltd, Fluor
Corporation, Triveni Engineering & Industries Ltd, PG Drive, and GearTec.
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This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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