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ZF AG and Voith Group in 2023 held significant market share of over 30% in rail gearbox industry. ZF AG and Voith Group maintain competitiveness through innovative product development and strategic partnerships. ZF AG focuses on advanced automotive technologies, including transmissions and driveline solutions, catering to diverse market segments globally.
Meanwhile, Voith Group specializes in providing solutions for various industries, such as power transmission systems and industrial services. Both companies prioritize research and development to meet evolving customer demands, while strategic collaborations enable them to expand their market reach and offer comprehensive solutions in their respective fields.
Major companies operating in the rail gearbox industry are: