Top Companies in Industrial Gearbox Market | Industry Top Players Growth Analysis of Past 2016-2021 and Future 2022-2030 Years by Vantage Market Research
An enclosed system used to transfer mechanical energy from one device to another is referred to as an Industrial Gearbox.
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MARKET OVERVIEW
The Global Industrial Gearbox Market is valued at USD 26.5 Billion in the year 2021 and is projected to reach a value of USD 33.7 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.1% over the forecast period. The device used to transfer mechanical energy from one device to another is called the Industrial Gearbox. It can adjust the speed, torque, and rotation speed of the outgoing device. Other common product types include spur gearbox, helical gearbox, coaxial helical inline gearbox, bevel helical gearbox, etc. in widespread use in various industries, such as electricity generation, construction, food and beverage, maritime, property management, metal and mining, agriculture, automotive, etc.
The growing use of automation technology in the manufacturing industry is one of the most important driving modes, contributing to the significant growth in the global Industrial Gearbox market in the coming years. In addition, the growing demand for clean energy sources and energy-efficient gearboxes also stimulated sales in the global Industrial Gearbox market. In addition, the growing number of investments aimed at advancing various sectors, such as wind power and other renewable energy sources, is likely to have a positive impact on the global Industrial Gearbox market growth in the coming years.
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Some of the key players operating in the Industrial Gearbox Market are listed below:
|
Company Name |
Revenue in USD |
|
$10 Million |
|
$1 Billion |
|
$2 Billion |
|
$949 Million |
|
$6 Billion |
|
$35 Million |
|
$65 Million |
|
$28 Billion |
|
$30 Million |
Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. is located in Nanjing, Jiangsu, China and is part of the Other General Purpose Machinery Manufacturing Industry. Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. has 1,800 total employees across all of its locations. There are 18 companies in the Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. corporate family. Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. manufactures industrial machinery equipment. The Company produces gear transmission equipment, thin plate continuous casting machines, petrochemical gearboxes, and more. Nanjing High Accurate Drive Equipment Manufacturing Group markets its products throughout China.
Lenze SE is located in Aerzen, Niedersachsen, Germany and is part of the Management of Companies and Enterprises Industry. Lenze SE has 3,716 total employees across all of its locations and generates $813.31 million in sales (USD). There are 60 companies in the Lenze SE corporate family. Lenze SE operates as a holding company. The Company, through its subsidiaries, develops and manufactures drive and automation technology. Lenze offers controllers, engineering tools, inverters, motors, gearboxes, drive elements, and other accessories. Lenze serves customers worldwide.
Flender Ltd was an unlisted public company incorporated on 28 November 1961. It is classified as a public limited company and is located in, West Bengal. Its authorized share capital was INR 7.50 cr and the total paid-up capital was INR 4.32 cr. The company has 5 directors and 1 reported key management personnel. The longest-serving director currently on board is Manfred Otto Wilhelm Egelwisse who was appointed on 04 December 1997. Manfred Otto Wilhelm Egelwisse has been on the board for more than 24 years. The most recently appointed director is Bernd Udo Meissner, who was appointed on 01 September 2009.
Getriebebau NORD GmbH & Co. KG is located in Bargteheide, Schleswig-Holstein, Germany and is part of the Engine, Turbine, and Power Transmission Equipment Manufacturing Industry. Getriebebau NORD GmbH & Co. KG has 719 employees at this location and generates $114.17 million in sales (USD). (Sales figure is estimated). There are 83 companies in the Getriebebau NORD GmbH & Co. KG corporate family. Getriebebau NORD is one of the world’s leading manufacturers of drive technology for mechanical and electronic solutions. The range of products includes geared motors, motors, frequency inverters, motor starters, frequency inverters for decentralised drive control and servo controllers. NORD on the road to success NORD was founded in 1965 and now has net sales of approximately 330 million Euro.
Bosch Rexroth AG is an engineering firm based in Lohr main in Germany. It is the result of a merger on 1 May 2001 between Mannesmann Rexroth AG and the Automation Technology Business Unit of Robert Bosch GmbH and is a wholly-owned subsidiary of Robert Bosch GmbH. Bosch Rexroth employs over 31,000 people worldwide and achieved total revenue of 6.2 billion euros in 2019. Bosch Rexroth AG manufactures drive and control technologies. The Company provides such systems in the fields of electric drives and controls, industrial hydraulics, linear technology, and pneumatics. Bosch Rexroth markets its products worldwide.
Harmonic Drive L.L.C. manufactures and sells precision strain wave gearing and motion control products. The Company offers rotary actuators, gearheads, drives, encoders, and other related products. Harmonic Drive serves customers in the United States since 1960. US Headquarters and manufacturing facility, located in Beverly, MA, is ISO9001 registered. Sales offices are located in: Long Island, NY; Chicago, IL, and San Jose, CA and are staffed with degreed sales engineers to assist their clients.
Cone Drive is an innovative manufacturer of solutions for precision motion control and mission-critical applications. Headquartered in Traverse City, MI, Cone Drive has manufacturing operations in the United States and China. Cone Drive’s product solutions deliver the highest torque density and precision available in the global marketplace. With locations in the USA, China, and Europe Cone Drive has the infrastructure to fully support its global customer base. The business produces a broad range of highly customizable precision drive products that include Cone Drive and H-Fang branded high-torque worm gears, harmonic solutions and precision slew drives.
ABB Motors and Mechanical Inc. is located in Crossville, TN, United States and is part of the Freight Transportation Arrangement Industry. ABB Motors and Mechanical Inc. has 5 employees at this location. There are 1,613 companies in the ABB Motors and Mechanical Inc. corporate family.
Genesis Robotics is a spin-out from Genesis Advanced Technology – a research and development company focused on developing new solutions to some of the significant challenges of time. The Genesis team has more than 30 patents spanning a variety of applications. Formed in 2014, Genesis Robotics & Motion Technologies develops motors and other mechanical innovations changing how robots and machines are built and move. With its revolutionary direct-drive motor technology changing the way industries think about robots and machines, Genesis partners with customers to create visionary, next-generation solutions for their specific market.
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