According to Stratistics MRC, the Global Industrial Gearbox and Gear Motors Market is growing at a CAGR of 6.3% during the forecast period. Some of the factors such as the increasing shift towards the renewable resources of energy and growing demand for industrial gearbox and gear motors from various end-user industries are driving the growth of the market. However, high maintenance cost, and technical challenges such as overheating, oil leaks, and excessive noise are hampering the market growth.

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By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to rising population and increasing income levels. Industries such as construction, automotive, material handling, and wind power are in the process of expanding and renovating their facilities in this region. These process industries are always in expansion mode and thus they demand plants and machinery which are driven by industrial gearbox and gear motors.

Some of the key players profiled in the Industrial Gearbox and Gear Motors Market include ABB Ltd., Bauer Gear Motor GmbH, Bonfiglioli Riduttori S.p.A, China High Speed Transmission Equipment Group Co. Ltd., Eaton Corporation PLC, SEW-Eurodrive GmbH & Co. KG, Siemens AG, Winergy, Premium Transmission Ltd., Sumitomo Heavy Industries, Rexnord Corporation, Lenze, Nord Drivesystems, David Brown Santasalo, Nabtesco Corporation, and Rossi Group.

Rated Power Covered:
• Up to 7.5 KW
• 7.5 Kw to 75 KW
• Above 75 KW

Gear Types Covered:
• Bevel
• Helical
• Planetary
• Worm
• Other Gear Types

Product Types Covered:
• Gearbox
• Gear Motor

Torque’s Covered:
• Up to 10,000 Nm
• Above 10,000 Nm

End Users Covered:
• Metals & Mining
• Marine
• Food and Beverage
• Automotive
• Material Handling
• Cement and Aggregates
• Chemicals
• Rubber, & Plastics
• Construction
• Power Generation
• Wind Power

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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