Light Weight Components - By Powder Metal (PM) Gear Technology
Posted by sainath on October 24th, 2018
Powder metal (PM) gear technology industry is being adopted by gear manufacturers to produce light weight components that consume minimal power. Gears manufactured by the powder metallurgy process are a cost-efficient alternative for machined gears. It helps in reducing inertia, the gear’s resistance to change, thereby offering high energy savings.
THE BUSINESS RESEARCH COMPANY VALUED THE SPEED CHANGER, INDUSTRIAL HIGH-SPEED DRIVE, AND GEAR MANUFACTURING GLOBAL MARKET AT USD48 BILLION IN 2017.
Asia Pacific was the largest geographic region accounting for more than one third of the global market. And China was the largest country accounting for nearly one fifth of the global speed changer, industrial high-speed drive, and gear manufacturing market.
According to The Business Research Company’s Consultant, Nitin Gianchandani, increase in the use of electromechanical across diverse industries worldwide is an important reason for driving growth in the speed changers, drivers and gear manufacturing market. Market Development over the decades has been guided by electrification of machine tools and rapid industrialization. With the entrance of CNC (Computer Numerical Control) machines the importance of speed changers, gears and drivers has increased rapidly. Plant automation and developments in industrial kinetics will continue to drive the growth in the demand of this industry.
Wikov Group was the biggest player in the gear manufacturing global market with revenues exceeding USD75 million in 2017.
Speed changer, industrial high-speed drive, and gear manufacturing includes companies mainly involved in manufacturing industrial high-speed drives (except hydrostatic), automotive power transmission equipment, gears and speed changers. Speed changers are the devices which changes the speed of vehicles such as gears and shafts. Gear is a rotating machine that enables the transmission of torque through meshing of cut teeth or cogs with another toothed part or rack. High speed drives offer decreased installation space for higher power and unnecessary gearboxes. These components are used primarily in mechanical power transmissions for industrial machines.
Speed Changer, Industrial High-Speed Drive, And Gear Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at 00 for an individual user. To use across your office, the price is USD6000 and USD8000 if you wish to use across a multinational company.
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Email: firstname.lastname@example.orgAlso See: High Speed, Gear Manufacturing, Business Research, Industrial High, Speed, Research, Market
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