The future of the global helical gear reducer market looks promising with opportunities in the manufacturing and industrial, energy and utility, automotive, and oil & gas markets. The global helical gear reducer market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are increasing adoption of automation in manufacturing and industrial processes and rising demand for this reducer from food and beverages industry.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the helical gear reducer
market by type (parallel-axis helical gear reducer and perpendicular-axis
helical gear reducer), end use industry (manufacturing and industrial, energy
and utilities, automotive, oil & gas, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new developments
in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
parallel-axis and perpendicular-axis are the major segments of helical gear
reducer market by type. Lucintel forecasts that parallel-axis is expected to
witness higher growth over the forecast period due to its increasing demand
from industrial, mobile, and renewable energy applications.
Within this market,
manufacturing and industrial is expected to witness highest growth over the
forecast period due to increasing demand for helical gear reducer from cement
industry, material handling, mining, power generation, and automotive
production.
APAC is expected to
witness highest growth over the forecast period due to expanding number of
manufacturing units and growing demand for helical gear reducer from various
end use industries, such as automotive, food and beverage, and construction
sector in the region.
Motovario, Brevini Power
Transmission, Siemens, Bonfiglioli, Nidec-Shimpo, Boston Gear, Stm Spa, Varvel,
Renold, and Rossi are the major suppliers in the helical gear reducer market.
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
key decision-makers in a variety of industries.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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