Gear Measuring Machine Market is booming worldwide
Posted by Shabina on April 30th, 2021
Gear measuring machines are utilised to inspect various gears such as external and internal gears, bevel gears , spur gears ,helical gears, worm gears, hypoid gears and planetary gears. Gear measuring machines are a dynamic tool that facilitate allow gear manufacturing as per set standards as well as ensure efficient power transmission by gears. Global Gear Measuring Machine market was valued, in 2017 USD GEAR MEASURING MACHINE million and in 2024 is expected to reach at USD GEAR MEASURING MACHINE million with growing CAGR of GEAR MEASURING MACHINE%.
Market Dynamics:
The global Gear Measuring Machine market is growing due to increasing focus on precision measuring and automation has led to the introduction of multi-sensor technology, advanced optical profilers and efficient software with easier UI in the recent past. Leading players are aiming on R&D investment to keep up their stronghold in a fragmented marketplace. Nevertheless, high maintenance and capital-intensive nature cost of the gear measuring machines continue to limit new sales. Steady growth in the mining industry against the backdrop of advanced technology continues to seek heavy duty and durable gears in mining equipment is also driving the gear measuring market. In addition, as gearbox forms the basis of wind turbines and agricultural machinery demand for gear remains significant in these sectors. The wind power generation sector is dynamically exploring magnetic gears to achieve low-slung maintenance, increased reliability and reduced acoustic noise and for extensive and durable applications.
Market Players:
Gear Measuring Machine market is very competitive and fragmented, the market consists of various players, few key players of the market are Gleason, Klingelnberg KAPP Werkzeugmaschinen, Mahr Metering Systems, Wenzel America, Osaka Seimitsu Kikai, Tokyo Technical Instrument, Gearspect Group, Harbin Measuring & Cutting Tool Group among others.
Get PDF sample copy: https://www.envisageresearch.com/sample/EMR100149/
Market Segmentation:
The Gear Measuring Machine market is classified into application, product type and region. Based on the application the Gear Measuring Machine market is bifurcated into automotive, aviation, agriculture, wind power generation, metal & mining and others. Moreover, on the basis of product type the market is classified into less than 650 mm, 650-1500 mm and more than 1500 mm.
Additional, Based on region the market is classified into North America, Europe, APAC, Latin America and Middle East & Africa.
Market segmented based on medium of product type:
• Less Than 650 mm
• 650-1500 mm
• More Than 1500 mm
Market segmented based on medium of application:
• Automotive
• Aviation
• Agriculture
• Wind Power Generation
• Metal & Mining
• Others
Market segmented based on region:
• North America
• US
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
About Us:
Envisage Market Research is the leading provider of custom and syndicated market research reports. Our team of expert analysts offers end-to-end consulting services, along with 80% of the Fortune 500+ companies in the recent past. We are focused to deliver market research report solutions to small and medium enterprises.
Envisage Market Research has steadily grown to become a trusted market research partner for clients across the globe. We are majorly focused to serve a wide range of industrial insights, including automotive & transportation, technology, consumer products, automation and equipment, food & beverages, services & utilities, chemicals & materials, energy, mining, and oil & gas.
Contact Us:
Envisage Market Research
