Planetary is expected to remain the largest segment in the global industrial gearbox market
An exciting new study from the team of Lucintel found that industrial gearbox market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The industrial gearbox market is segmented based on type, design, part, product, end use industry, and region. In this market, planetary is expected to remain the largest product, and robotics segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like the increasing utilization of advanced technology among industries, rapid industrialization and growing urbanization in the region
Increasing investment in renewable power generation and rapid industrialization are emerging trends having impact on dynamics of the industry.
David Brown, Kumera Corporation, Parsons Peebles LTD, Sumitomo Heavy Industries, Ltd, Fluor Corporation, Triveni Engineering & Industries Ltd, PG Drive, and GearTec are some of the major players profiled in this 150 page report.
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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 industrial gearbox market by type (planetary industrial gear boxes, helical industrial gear boxes, bevel industrial gear boxes, spur industrial gear boxes, worm industrial gear boxes, screw industrial gear boxes, and others), design (parallel axis, angular axis, and others), part (stuff, shaft, and bearing), product (planetary, harmonic, and cycloid), end use (military and aerospace, food, beverages, and tobacco, machine tool, material handling, packaging, robotics, medical, and others), and region (Nort