Europe Industrial Gear Market: Overview
This report provides strategic analysis of the Europe industrial gear market, and the market growth forecast for the period 2016 to 2024. The scope of the report includes competitive analysis of various market segments based on the types, end use industries of the industrial gear market.Spur gears are the simplest type of gears that have straight teeth and are mounted on parallel shafts. These gears are used in material handling equipment, power plants, steel mills among others. Demand of these gears are high as they are easy to install and are compact, reliable and can transmit huge amount of power.
Industrial gears help in reducing the mechanical works in industries as it performs tasks by implementing less effort. It helps in operating various machines and carry out heavy works easily. These gears are used in heavy industries which help in changing direction of rotational force from one axis to other.The Europe industrial gear market is restrained by the huge cost of maintenance. One of the major concern for the manufacturing industries is the maintenance of the gears. Moreover, the cost of the spares are high and would incur huge cost.
Europe Industrial Gear Market: Segmentation
Based on gear types the market is bifurcated into helical gears, bevel gears, worm gears, spur gears, herringbone gears, hypoid gears, crown gears, skew gears, spiral gears, non-circular gears, epicyclic gears, harmonic gears, magnetic gears and others. The helical gears accounted for the highest revenue share in 2015. Helical gears are the cylindrical gears having a slanted tooth trace. As the gear is curved, the angling makes the tooth shape a segment of a helix.
These gears are engaged in heavy load applications and is used to transmit the power and motion between two parallel shaft and non-parallel shaft as well.The major constraints of this gear is that it requires more maintenance like proper lubrications, because of the greater sliding movement between the mating gear teeth.
The helical gears are used in various applications like steel, fertilizers, plastic, food industries and many others. This gear accounted for highest revenue share in 2015.Moreover, the market is also segmented based on country that includes the U.K., Germany, Italy, France and Rest of Europe.
Europe Industrial Gear Market: Competitive Dynamics
Some of the leading players in the market are Siemens AG (Germany), Klingelnberg GmbH (Switzerland), Precipart Corporation (U.S.), RenoldPlc (U.K.), BonfiglioliRiduttori S.P.A. (Italy), BMT International S.A. (Luxembourg), Rossi SpA (Italy), Getriebebau NORD GmbH & Co. KG (Germany), NGC (China), Sumitomo Heavy Industries Ltd. (Japan) among others.
Get Full Report Access @ https://www.xploremr.com/cart/1567/SL