How big is the Industrial Gearbox Market?

The Industrial Gearbox Market size is expected to reach USD 29.17 billion in 2024 and grow at a CAGR of 4.13% to reach USD 35.72 billion by 2029. Read More

What is the current Industrial Gearbox Market size?

In 2024, the Industrial Gearbox Market size is expected to reach USD 29.17 billion. Read More

Which is the fastest growing region in Industrial Gearbox Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Gearbox Market?

In 2024, the Asia Pacific accounts for the largest market share in Industrial Gearbox Market. Read More

What years does this Industrial Gearbox Market cover, and what was the market size in 2023?

In 2023, the Industrial Gearbox Market size was estimated at USD 27.97 billion. The report covers the Industrial Gearbox Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Gearbox Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Gearbox Market Share

Statistics for the 2023 & 2024 Industrial Gearbox market share, created by Mordor Intelligence™ Industry Reports. Industrial Gearbox share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Industrial Gearbox Industry

The industrial gearbox market is semi-consolidated. Some of the major players in market (not in particular order) include Bonfiglioli riduttori spa, Sumitomo Drive Technologies, Flender International GmbH, Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd., ZF Friedrichshafen AG, among others.