PUBLISHER: Lucintel | PRODUCT CODE: 1386209
PUBLISHER: Lucintel | PRODUCT CODE: 1386209
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 $0.7 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are increasing adoption of automation in manufacturing and industrial processes and rising demand for this reducer from food and beverages industry.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global helical gear reducer by type, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies helical gear reducer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the helical gear reducer companies profiled in this report include-
Lucintel forecasts that parallel-axis is expected to witness higher growth over the forecast period due to its increasing demand from industrial, mobile, and renewable energy applications.
Within this market, manufacturing and industrial is expected to witness highest growth over the forecast period due to increasing demand for helical gear reducer from cement industry, material handling, mining, power generation, and automotive production.
APAC is expected to witness highest growth over the forecast period due to expanding number of manufacturing units and growing demand for helical gear reducer from various end use industries, such as automotive, food and beverage, and construction sector in the region.
Market Size Estimates: Helical gear reducer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Helical gear reducer market size by type, end use industry, and region in terms of value ($B).
Regional Analysis: Helical gear reducer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end use industries, and regions for the helical gear reducer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the helical gear reducer market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Answer: The global helical gear reducer market is expected to reach an estimated $0.7 billion by 2030.
Answer: The global helical gear reducer market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Answer: 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.
Answer: The future of the helical gear reducer market looks promising with opportunities in the manufacturing and industrial, energy and utility, automotive, and oil & gas markets.
Answer: Some of the key helical gear reducer companies are as follows:
Answer: 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.
Answer: 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.
Answer: Yes, Lucintel provides 10% customization without any additional cost.