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Precision Gearbox Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global precision gearbox market is expected to exhibit a CAGR of 10.44% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A precision gearbox refers to a mechanical device that is widely used to offer higher tolerance as compared to conventional gearboxes. These devices are machined to exhibit an efficiency of more than 90% by increasing or decreasing the torque and altering speed under precise limits. Comprising two or more gears, their use assists in saving space as they contain compact component structures. They operate at low-frequency noises and are suitable for applications that require low speed. As a result, they find extensive applications in various industry including material handling, medical, robotics, packaging, machine tools and food and beverages.

The global market is primarily driven by the increasing automation across various industries to enhance productivity and reliability, achieve energy efficiency and significantly reduce labor costs. Precision gearboxes form a crucial component of the systems that are extensively being deployed for automating processes, which, in turn, is providing a boost to their sales. Along with this, there has been a considerable rise in the deployment of robots in the manufacturing sector as a response to the rapid outbreak of the coronavirus disease (COVID-19) across the globe. This has created an incessant need for automation across the medical, pharmaceuticals, and food and beverage sectors to avoid manual operations and ensure minimum human intervention in the manufacturing and packaging processes. This, in turn, is acting as a major growth-inducing factor. Furthermore, continual technological advancements are anticipated to create a positive outlook for the market. Numerous players are now introducing lightweight and highly efficient product variants in the market that are gaining widespread prominence in applications that require low backlash and higher transmission accuracy. Other factors, including the rising preference for tailored precision gearboxes and the increasing product utilization in the automotive sector, are also contributing to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global precision gearbox market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on axis of orientation, gear technology and end use industry.

Breakup by Axis of Orientation:

  • In-Line/Coaxial
  • Right Angle
  • Parallel
     

Breakup by Gear Technology:

  • Planetary
  • Bevel
  • Helical
  • Spur
  • Others
     

Breakup by End Use Industry:

  • Food and Beverage
  • Machine Tools
  • Materials Handling
  • Packaging
  • Robotics
  • Medical
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Apex Dynamics Inc., Bonfiglioli Riduttori S.p.A., Dana Incorporated, Güdel Group AG, Melior Motion GmbH, Nabtesco Corporation, Neugart GmbH, Nidec-Shimpo Corporation (Nidec Corporation), Rexnord Corporation, SEW-EURODRIVE GmbH & Co. KG, Siemens AG, The Timken Company and Wittenstein SE.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Axis of Orientation, Gear Technology, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Apex Dynamics Inc., Bonfiglioli Riduttori S.p.A., Dana Incorporated, Güdel Group AG, Melior Motion GmbH, Nabtesco Corporation, Neugart GmbH, Nidec-Shimpo Corporation (Nidec Corporation), Rexnord Corporation, SEW-EURODRIVE GmbH & Co. KG, Siemens AG, The Timken Company and Wittenstein SE
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global precision gearbox market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global precision gearbox market?
  • What are the key regional markets?
  • What is the breakup of the market based on the axis of orientation?
  • What is the breakup of the market based on the gear technology?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global precision gearbox market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology

    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1   Overview
    4.2   Key Industry Trends
5   Global Precision Gearbox Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6   Market Breakup by Axis of Orientation
    6.1   In-Line/Coaxial
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2   Right Angle
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3   Parallel
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Gear Technology
    7.1   Planetary
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2   Bevel
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3   Helical
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4   Spur
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5   Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by End Use Industry
    8.1   Food and Beverage
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2   Machine Tools
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3   Materials Handling
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4   Packaging
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5   Robotics
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6   Medical
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7   Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9   Market Breakup by Region
    9.1   North America
        9.1.1   United States
            9.1.1.1 Market Trends
            9.1.1.2 Market Forecast
        9.1.2   Canada
            9.1.2.1 Market Trends
            9.1.2.2 Market Forecast
    9.2   Asia Pacific
        9.2.1   China
            9.2.1.1 Market Trends
            9.2.1.2 Market Forecast
        9.2.2   Japan
            9.2.2.1 Market Trends
            9.2.2.2 Market Forecast
        9.2.3   India
            9.2.3.1 Market Trends
            9.2.3.2 Market Forecast
        9.2.4   South Korea
            9.2.4.1 Market Trends
            9.2.4.2 Market Forecast
        9.2.5   Australia
            9.2.5.1 Market Trends
            9.2.5.2 Market Forecast
        9.2.6   Indonesia
            9.2.6.1 Market Trends
            9.2.6.2 Market Forecast
        9.2.7   Others
            9.2.7.1 Market Trends
            9.2.7.2 Market Forecast
    9.3   Europe
        9.3.1   Germany
            9.3.1.1 Market Trends
            9.3.1.2 Market Forecast
        9.3.2   France
            9.3.2.1 Market Trends
            9.3.2.2 Market Forecast
        9.3.3   United Kingdom
            9.3.3.1 Market Trends
            9.3.3.2 Market Forecast
        9.3.4   Italy
            9.3.4.1 Market Trends
            9.3.4.2 Market Forecast
        9.3.5   Spain
            9.3.5.1 Market Trends
            9.3.5.2 Market Forecast
        9.3.6   Russia
            9.3.6.1 Market Trends
            9.3.6.2 Market Forecast
        9.3.7   Others
            9.3.7.1 Market Trends
            9.3.7.2 Market Forecast
    9.4   Latin America
        9.4.1   Brazil
            9.4.1.1 Market Trends
            9.4.1.2 Market Forecast
        9.4.2   Mexico
            9.4.2.1 Market Trends
            9.4.2.2 Market Forecast
        9.4.3   Others
            9.4.3.1 Market Trends
            9.4.3.2 Market Forecast
    9.5   Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10   SWOT Analysis
    10.1   Overview
    10.2   Strengths
    10.3   Weaknesses
    10.4   Opportunities
    10.5   Threats
11   Value Chain Analysis
12   Porters Five Forces Analysis

    12.1   Overview
    12.2   Bargaining Power of Buyers
    12.3   Bargaining Power of Suppliers
    12.4   Degree of Competition
    12.5   Threat of New Entrants
    12.6   Threat of Substitutes
13   Price Analysis
14   Competitive Landscape

    14.1   Market Structure
    14.2   Key Players
    14.3   Profiles of Key Players
        14.3.1   ABB Ltd.
            14.3.1.1 Company Overview
            14.3.1.2 Product Portfolio
            14.3.1.3 Financials
            14.3.1.4 SWOT Analysis
        14.3.2   Apex Dynamics Inc.
            14.3.2.1 Company Overview
            14.3.2.2 Product Portfolio
        14.3.3   Bonfiglioli Riduttori S.p.A.
            14.3.3.1 Company Overview
            14.3.3.2 Product Portfolio
        14.3.4   Dana Incorporated
            14.3.4.1 Company Overview
            14.3.4.2 Product Portfolio
            14.3.4.3 Financials
            14.3.4.4 SWOT Analysis
        14.3.5   Güdel Group AG
            14.3.5.1 Company Overview
            14.3.5.2 Product Portfolio
            14.3.5.3 Financials
            14.3.5.4 SWOT Analysis
        14.3.6   Melior Motion GmbH
            14.3.6.1 Company Overview
            14.3.6.2 Product Portfolio
        14.3.7   Nabtesco Corporation
            14.3.7.1 Company Overview
            14.3.7.2 Product Portfolio
        14.3.8   Neugart GmbH
            14.3.8.1 Company Overview
            14.3.8.2 Product Portfolio
        14.3.9   Nidec-Shimpo Corporation (Nidec Corporation)
            14.3.9.1 Company Overview
            14.3.9.2 Product Portfolio
        14.3.10   Rexnord Corporation
            14.3.10.1 Company Overview
            14.3.10.2 Product Portfolio
            14.3.10.3 Financials
            14.3.10.4 SWOT Analysis
        14.3.11   SEW-EURODRIVE GmbH & Co. KG
            14.3.11.1 Company Overview
            14.3.11.2 Product Portfolio
        14.3.12   Siemens AG
            14.3.12.1 Company Overview
            14.3.12.2 Product Portfolio
            14.3.12.3 Financials
            14.3.12.4 SWOT Analysis
        14.3.13   The Timken Company
            14.3.13.1 Company Overview
            14.3.13.2 Product Portfolio
        14.3.14   Wittenstein SE
            14.3.14.1 Company Overview
            14.3.14.2 Product Portfolio

List of Figures

Figure 1: Global: Precision Gearbox Market: Major Drivers and Challenges
Figure 2: Global: Precision Gearbox Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Precision Gearbox Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Precision Gearbox Market: Breakup by Axis of Orientation (in %), 2021
Figure 5: Global: Precision Gearbox Market: Breakup by Gear Technology (in %), 2021
Figure 6: Global: Precision Gearbox Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Precision Gearbox Market: Breakup by Region (in %), 2021
Figure 8: Global: Precision Gearbox (In-Line/Coaxial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Precision Gearbox (In-Line/Coaxial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Precision Gearbox (Right Angle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Precision Gearbox (Right Angle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Precision Gearbox (Parallel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Precision Gearbox (Parallel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Precision Gearbox (Planetary) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Precision Gearbox (Planetary) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Precision Gearbox (Bevel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Precision Gearbox (Bevel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Precision Gearbox (Helical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Precision Gearbox (Helical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Precision Gearbox (Spur) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Precision Gearbox (Spur) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Precision Gearbox (Other Gear Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Precision Gearbox (Other Gear Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Precision Gearbox (Food and Beverage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Precision Gearbox (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Precision Gearbox (Machine Tools) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Precision Gearbox (Machine Tools) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Precision Gearbox (Materials Handling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Precision Gearbox (Materials Handling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Precision Gearbox (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Precision Gearbox (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Precision Gearbox (Robotics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Precision Gearbox (Robotics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Precision Gearbox (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Precision Gearbox (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Precision Gearbox (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Precision Gearbox (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia Pacific: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia Pacific: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Precision Gearbox Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Precision Gearbox Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Precision Gearbox Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Precision Gearbox Industry: SWOT Analysis
Figure 88: Global: Precision Gearbox Industry: Value Chain Analysis
Figure 89: Global: Precision Gearbox Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Precision Gearbox Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Precision Gearbox Market Forecast: Breakup by Axis of Orientation (in Million US$), 2022-2027
Table 3: Global: Precision Gearbox Market Forecast: Breakup by Gear Technology (in Million US$), 2022-2027
Table 4: Global: Precision Gearbox Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Precision Gearbox Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Precision Gearbox Market: Competitive Structure
Table 7: Global: Precision Gearbox Market: Key Players


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