Fior Markets latest presentation named Global Helical Gear Reducers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 centers around the progress of this market, focusing on its development status and trends. The report concentrates on the business strategies of the key vendors, market fundamental dynamics including compound annual growth rate, drivers and trends dynamics during the forecast period (2019-2024).
Helical gear reducer is a kind of gear reducer which is produced with the use of helical gears. Helical gears are cylindrical gears whose teeth are not parallel to the axis of rotation. Helical gear reducers run smoother and quieter than other types of gear reducers and are able to carry heavy loads efficiently.
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Scope of the Report:
The global production of helical gear reducers increased from 464 K Units in 2011 to 593 K Units in 2015, at a CAGR of more than 6%. In 2015, the global helical gear reducer consumption market is led by Europe and United States is the second-largest region-wise market. At present, the major manufacturers of helical gear reducers are concentrated in Motovario, Brevini Power Transmission, Siemens, Bonfiglioli and Nidec-Shimpo. Motovario is the world leader, holding 15% sale market share in 2015.
Helical gear reducers downstream is wide and the main application fields are mining industry, material handling equipment and power industry. Globally, the helical gear reducer consumption market is mainly driven by growing demand for mining industry.
According to the types of helical gear reducers, it can be divided into two kinds, Parallel-axis Helical Gear Reducer and Perpendicular-axis Helical Gear Reducer. Parallel-axis Helical Gear Reducer is the main product, capturing about 75% of global consumption of helical gear reducer.
According to our research and analysis, manufacturers from Europe are the major leaders in the international market of helical gear reducers. Europe is the largest production and consumption region. In 2015, the Europe production of helical gear reducers is 218 K Units and consumption is about 116 K Units, accounting for about 25% of global consumption. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.
Global market is expected to witness slow but stable growth on account of rising applications, so in the next few years, helical gear reducers consumption will show a trend of steady growth. In 2021 the consumption of helical gear reducer is estimated to be 655 K Units.
The worldwide market for Helical Gear Reducers is expected to grow at a CAGR of roughly 4.7% over the next five years, will reach 420 million US$ in 2024, from 320 million US$ in 2019.
This report focuses on the Helical Gear Reducers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Helical Gear Reducers market rivalry by leading manufacturers, together using production, cost, earnings (value) and market share for every producer; the best players as Motovario, Brevini Power Transmission, Siemens, Bonfiglioli, Nidec-Shimpo, Boston Gear, Stm Spa, Varvel, Renold, Rossi, Yılmaz Reduktor, IPTS, Bondioli & Pavesi, Radicon, Apex Dynamics, Yingyi Transmission Machinery, S.C. Neptun, Bezares,
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