Industrial Planetary Gearbox Market: Top Geographies and Market Highlights
Geographical Analysis and Market Highlights 2021-2025
The industrial planetary gearbox market is set to post an incremental growth of $ 865.99 mn, decelerating at a CAGR of almost 4.86% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.
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Industrial Planetary Gearbox Market: APAC to lead market growth during the forecast period
- APAC emerged as the leading geographical segment in recent years and is expected to contribute 52% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the industrial planetary gearbox market size.
- One of the key drivers that is likely to drive market growth is the growing demand for planetary gearbox from the automotive industry. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market. These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
- Market is segmented by End-user (Discrete industry and Process industry) and Geography (APAC, Europe, North America, MEA, and South America).
Industrial Planetary Gearbox Market: Competitive Landscape
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Altra Industrial Motion Corp., Bonfiglioli Riduttori SpA, Dana Inc., Delta Electronics Inc., FLSmidth & Co. A/S, Kumera Corp., Nidec Corp., SEW-EURODRIVE GmbH & Co KG, Siemens AG, and Sumitomo Heavy Industries Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is decelerate at a CAGR of almost 4.86%.
- What is the incremental growth of the market?
The market is expected to grow by $ 865.99 mn through 2021-2025.
- What is a key factor driving this market?
Growing demand for planetary gearbox from the automotive industry will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
52% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Altra Industrial Motion Corp., Bonfiglioli Riduttori SpA, Dana Inc., Delta Electronics Inc., FLSmidth & Co. A/S, Kumera Corp., Nidec Corp., SEW-EURODRIVE GmbH & Co KG, Siemens AG, and Sumitomo Heavy Industries Ltd.
- What are the market segments covered in this report?
The market is segmented by End-user (Discrete industry and Process industry) and Geography (APAC, Europe, North America, MEA, and South America).
Market Segmentation by End-user
- Industrial Planetary Gearbox Market Split by End-user
- Discrete industry
- Process industry
- Industrial Planetary Gearbox Market Split by Geography
- APAC
- Europe
- North America
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Altra Industrial Motion Corp.
- Bonfiglioli Riduttori SpA
- Dana Inc.
- Delta Electronics Inc.
- FLSmidth & Co. A/S
- Kumera Corp.
- Nidec Corp.
- SEW-EURODRIVE GmbH & Co KG
- Siemens AG
- Sumitomo Heavy Industries Ltd.
