Global Precision Gearbox Market to reach xx billion by 2027.

Global Precision Gearbox Market Size study, by Axis of Orientation (In-line/Coaxial, Right Angle and Parallel), by Gear Technology (Planetary, Bevel, Helical, Spur and Others), by Application (Food & Beverage, Machine Tools, Materials Handling, Packaging, Robotics, Medical and Others), and Regional Forecasts 2021-2027
Product Code:  ALATAMC_55207636
Chapter 1. Executive Summary 
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1.  Market , by Region, 2019-2027 (USD Billion)
1.2.2. Precision Gearbox Market , by  Axis of Orientation, 2019-2027 (USD Billion)
1.2.3. Precision Gearbox Market , by  Gear Technology, 2019-2027 (USD Billion)
1.2.4. Precision Gearbox Market , by  Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Precision Gearbox Market Definition and Scope 
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Precision Gearbox Market Dynamics 
3.1. Precision Gearbox Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Rising preference for tailored precision gearboxes Increasing deployment of robots  
3.1.2. Market Restraint High cost of automation Emerging useof direct drive system in industries   

3.1.3. Market Opportunities Favourable government initiatives for growth of manufacturing Technological development
Chapter 4. Global Precision Gearbox Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political 
4.2.2. Economic
4.2.3. Social 
4.2.4. Technological 
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Precision Gearbox Market, by Axis of Orientation
5.1. Market Snapshot 
5.2. Global Precision Gearbox Market by Axis of Orientation, Performance - Potential Analysis
5.3. Global Precision Gearbox Market Estimates & Forecasts by   Axis of Orientation 2018-2027 (USD Billion)
5.4. Precision Gearbox Market, Sub Segment Analysis
5.4.1. In-line/Coaxial
5.4.2. Right Angle
5.4.3. Parallel
Chapter 6. Global Precision Gearbox Market, by Gear Technology
a. Market Snapshot 
6.1. Global Precision Gearbox Market by   Gear Technology, Performance - Potential Analysis
6.2. Global Precision Gearbox Market Estimates & Forecasts by Gear Technology 2018-2027 (USD Billion)
6.3. Precision Gearbox Market, Sub Segment Analysis
6.3.1. Planetary
6.3.2. Bevel
6.3.3. Helical
6.3.4. Spur
6.3.5. Others
Chapter 7. Global Precision Gearbox Market, by Application
b. Market Snapshot 
7.1. Global Precision Gearbox Market by  Application, Performance - Potential Analysis
7.2. Global Precision Gearbox Market Estimates & Forecasts by  Application 2018-2027 (USD Billion)
7.3. Precision Gearbox Market , Sub Segment Analysis
7.3.1. Food & Beverage
7.3.2. Machine Tools
7.3.3. Materials Handling
7.3.4. Packaging
7.3.5. Robotics
7.3.6. Medical
7.3.7. Others
Chapter 8. Global Precision Gearbox Market, Regional Analysis
8.1. Precision Gearbox Market , Regional Market Snapshot 
8.2. North America Precision Gearbox Market  
8.2.1. U.S. Precision Gearbox Market Axis of Orientation breakdown estimates & forecasts, 2018-2027 Gear Technology breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Precision Gearbox Market 
8.3. Europe Precision Gearbox Market  Snapshot
8.3.1. U.K. Precision Gearbox Market 
8.3.2. Germany Precision Gearbox Market 
8.3.3. France Precision Gearbox Market 
8.3.4. Spain Precision Gearbox Market 
8.3.5. Italy Precision Gearbox Market 
8.3.6. Rest of Europe Precision Gearbox Market 
8.4. Asia-Pacific Precision Gearbox Market  Snapshot
8.4.1. China Precision Gearbox Market  
8.4.2. India Precision Gearbox Market  
8.4.3. Japan Precision Gearbox Market 
8.4.4. Australia Precision Gearbox Market 
8.4.5. South Korea Precision Gearbox Market 
8.4.6. Rest of Asia Pacific Precision Gearbox Market 
8.5. Latin America Precision Gearbox Market  Snapshot
8.5.1. Brazil Precision Gearbox Market 
8.5.2. Mexico Precision Gearbox Market 
8.6. Rest of The World Precision Gearbox Market 
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Bonfiglioli Riduttori S.p.A.   Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2.  Wittenstein SE
9.2.3. Neugart GmbH
9.2.4. Siemens AG
9.2.5. Rexnord Corp.
9.2.6. ABB Ltd.
9.2.7. Sew-Eurodrive GmbH & Co KG
9.2.8. Güdel Group AG
9.2.9. Dana, Inc.
9.2.10. The Timken Company                  

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

Global Precision Gearbox Market is valued approximately at USD 2.69 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.1% over the forecast period 2021-2027. A precision gearbox is a mechanical device used to offer higher tolerance machines or assembly lines in manufacturing industriess compared to conventional gearboxes. These devices are capable of exhibiting an efficiency of more than 90% by increasing or decreasing the torque and altering speed under precise limits. Rising demand for automation in manufacturing industry due to enhanced productivity, rise in deployment of robots in the manufacturing sector and the rising preference for tailored precision gearboxes are driving the growth of the market. For instance, according to Statista, installation of industrial robots increased from 294000 units in 2016 to 422000 units in 2018 globally. Furthermore, favorable government initiatives for growth of manufacturing in emerging economies are expected to fuel the demand for precision gearboxes in the coming years. However, high cost of automation may hamper the growth during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Precision Gearbox. Asia Pacific is the dominating region across the world in terms of market share (revenue)due to decline in prices of computer numerical controllers and robots which led to a shorter payback time for the manufacturing equipment. Whereas Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growing preference for automation owing to the unavailability of skilled labor and rising workplace accidents.
Major market player included in this report are:

Bonfiglioli Riduttori S.p.A.
Wittenstein SE
Neugart GmbH
Siemens AG
Rexnord Corp.
ABB Ltd.
Sew-Eurodrive GmbH & Co KG
Güdel Group AG
Dana, Inc.
The Timken Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Axis of Orientation:
Right Angle
By Gear Technology:
By Application:
Food & Beverage
Machine Tools
Materials Handling

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Precision Gearbox Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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