Industrial Gearbox Market
Industrial Gearbox Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Planetary, Helical, Bevel, Spur, Worm, Other
- By Design Parallel Axis, Angular Axis, Others
- By Industry Wind Power, Cement & Aggregates, Chemical, Rubber & Plastics, Construction, Food & Beverage, Marine, Material Handling, Metals & Mining Power Generation, Recreational Vehicle, Transportation Industry, Agriculture, Automotive, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 27.01 Billion |
Revenue 2030: | USD 36.69 Billion |
Revenue CAGR (2023 - 2030): | 3.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Industrial Gearbox Market Segment Analysis
- Industrial Gearbox Type Outlook (Revenue, USD Million, 2018 - 2030)
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Industrial Gearbox Design Outlook (Revenue, USD Million, 2018 - 2030)
- Parallel Axis
- Angular Axis
- Others
- Industrial Gearbox Industry Outlook (Revenue, USD Million, 2018 - 2030)
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
-
North America Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
-
North America Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- U.S.
- U.S. Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- U.S. Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- U.S. Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- U.S. Industrial Gearbox Market, by Type
- Canada
- Canada Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Canada Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Canada Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Canada Industrial Gearbox Market, by Type
-
Mexico
- Mexico Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Mexico Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Mexico Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Mexico Industrial Gearbox Market, by Type
-
North America Industrial Gearbox Market, by Type
- Europe
-
Europe Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
-
Europe Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
-
Europe Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- U. K.
- U.K. Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- U.K. Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- U.K. Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- U.K. Industrial Gearbox Market, by Type
- France
- France Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- France Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- France Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- France Industrial Gearbox Market, by Type
-
Germany
- Germany Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Germany Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Germany Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Germany Industrial Gearbox Market, by Type
-
Italy
- Italy Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Italy Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Italy Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Italy Industrial Gearbox Market, by Type
-
Spain
- Spain Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Spain Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Spain Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Spain Industrial Gearbox Market, by Type
-
Rest of Europe
- Rest of Europe Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Rest of Europe Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Rest of Europe Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Rest of Europe Industrial Gearbox Market, by Type
-
Europe Industrial Gearbox Market, by Type
- Asia Pacific
-
Asia Pacific Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
-
Asia Pacific Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
-
Asia Pacific Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- China
- China Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- China Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- China Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- China Industrial Gearbox Market, by Type
- Japan
- Japan Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Japan Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Japan Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Japan Industrial Gearbox Market, by Type
-
Germany
- Germany Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Germany Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Germany Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Germany Industrial Gearbox Market, by Type
-
India
- India Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- India Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- India Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- India Industrial Gearbox Market, by Type
-
South Korea
- South Korea Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- South Korea Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- South Korea Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- South Korea Industrial Gearbox Market, by Type
-
South East Asia
- South East Asia Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- South East Asia Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- South East Asia Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- South East Asia Industrial Gearbox Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Rest of Asia Pacific Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Rest of Asia Pacific Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Rest of Asia Pacific Industrial Gearbox Market, by Type
-
Asia Pacific Industrial Gearbox Market, by Type
- Latin America
-
Latin America Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
-
Latin America Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
-
Latin America Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Brazil
- Brazil Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Brazil Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Brazil Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Brazil Industrial Gearbox Market, by Type
- Argentina
- Argentina Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Argentina Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Argentina Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Argentina Industrial Gearbox Market, by Type
-
Rest of Latin America
- Rest of Latin America Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Rest of Latin America Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Rest of Latin America Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Rest of Latin America Industrial Gearbox Market, by Type
-
Latin America Industrial Gearbox Market, by Type
- Middle East & Africa
-
Middle East & Africa Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
-
Middle East & Africa Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
-
Middle East & Africa Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- GCC Countries
- GCC Countries Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- GCC Countries Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- GCC Countries Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- GCC Countries Industrial Gearbox Market, by Type
- South Africa
- South Africa Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- South Africa Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- South Africa Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- South Africa Industrial Gearbox Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Industrial Gearbox Market, by Type
- Planetary
- Helical
- Bevel
- Spur
- Worm
- Other
- Rest of Middle East & Africa Industrial Gearbox Market, by Design
- Parallel Axis
- Angular Axis
- Others
- Rest of Middle East & Africa Industrial Gearbox Market, by Industry
- Wind Power
- Cement & Aggregates
- Chemical
- Rubber & Plastics
- Construction
- Food & Beverage
- Marine
- Material Handling
- Metals & Mining Power Generation
- Recreational Vehicle
- Transportation Industry
- Agriculture
- Automotive
- Others
- Rest of Middle East & Africa Industrial Gearbox Market, by Type
-
Middle East & Africa Industrial Gearbox Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Industrial Gearbox in terms of revenue?
-
The global Industrial Gearbox valued at USD 27.01 Billion in 2022 and is expected to reach USD 36.69 Billion in 2030 growing at a CAGR of 3.90%.
Which are the prominent players in the market?
-
The prominent players in the market are Siemens AG (Germany), Bonfiglioli Italia S.P.A. (Italy), Bondioli & Pavesi (Italy), Sew-Eurodrive (Germany), Dana Brevini (Italy), Johnson Electric Holdings limited (Hong Kong), Bauer Gear GmbH (Germany), Sumitomo Heavy Industries Ltd. (Japan).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Industrial Gearbox include
- High Demand for Energy Efficient Gearboxes
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Industrial Gearbox in 2022.