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Precision Gearbox Machinery Market Share

Report ID: GMI5214
Published Date: Dec 2024
Report Format: PDF

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Precision Gearbox Machinery Market Share

The precision gearbox machinery industry, with prominent players, such as DMG MORI AKTIENGESELLSCHAFT, Reishauer AG and Nidec Corporation holds a market share of ~20-23%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Precision Gearbox Machinery Market Companies

Major players operating in the precision gearbox machinery industry include:

DANOBAT
DMG MORI
DVS Technology Group
EMAG
Gleason Corporation
Lagun Engineering
Liebherr-International Deutschland
Matrix Precision
Nidec
Reishauer
Samputensili Cutting Tools
J.G. WEISSER SÖHNE
Starrag Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for precision gearbox machinery was reached USD 5.7 billion in 2024 and is projected to grow at a 5.1% CAGR from 2025 to 2034, driven by the increasing demand for automation and industrial machinery expansion.

The hobbing segment accounted for USD 2.1 billion in 2024 and is expected to grow at a 5.5% CAGR from 2025 to 2034, due to its efficiency in producing gears with high accuracy and consistency at a lower cost compared to grinding and honing.

The offline distribution channel held a 76.4% market share in 2024 and is anticipated to grow at a 5.0% CAGR from 2025 to 2034, as industries prefer direct interaction and technical support for evaluating gearbox specifications.

The U.S. precision gearbox machinery market was valued at USD 1.5 billion in 2024 and is expected to grow significantly, propelled by its advanced manufacturing capabilities and leadership in automation and robotics.

Key players in the market include DANOBAT, DMG MORI, DVS Technology Group, EMAG, Gleason Corporation, Lagun Engineering, Liebherr-International Deutschland, Matrix Precision, Nidec, Reishauer, Samputensili Cutting Tools, J.G. WEISSER SÖHNE, and Starrag Group.