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Precision Gearbox Machinery Market Share

Report ID: GMI5214
Published Date: Feb 2022
Report Format: PDF

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Precision Gearbox Machinery Market Share

The industry leaders are focusing on investing in R&D activities to introduce new precision gearbox machinery and enhance their product offerings. Precision gearbox machinery manufacturers are focused on offering tailored products and services for different industry verticals including robotics, packaging, automobile, and material handling, among others.

Some of the key precision gearbox machinery market players include

DANOBAT S. Coop
DMG MORI AKTIENGESELLSCHAFT
DVS Technology Group
EMAG GmbH & Co. KG
Gleason Corporation
Lagun Engineering
Liebherr-International Deutschland GmbH
Matrix Precision Co., Ltd.
Nidec Corporation
Reishauer AG
Samputensili Cutting Tools S.r.l.
J.G. WEISSER SÖHNE GmbH & Co. KG
Starrag Group Holding AG

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of precision gearbox machinery valued at USD 5 billion in 2021 and may register 6% CAGR through 2028, says this GMI report.

These products will gain appreciable traction in India – the India industry in fact may register 9% CAGR through 2028, driven by the expanding agricultural sector.

The U.S. planetary precision gearbox market will depict 6% CAGR through 2028, driven by the rise in demand for advanced packaging equipment across the pharma sector.

Asia Pacific held 40% of the market share in 2021 and may exhibit considerable progress ahead, driven by government initiatives to procure equipment and materials for military operations.