The newly Gear Hobbing Machines market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
Gear hobbing machine is a type of machine tool for cutting gear teeth in gear blanks or for cutting worm, spur, or helical gears. Gear hobbing machine is also usually known as hobber.
On the basis of products, the various types include Horizontal Gear Hobbing Machine and Vertical Gear Hobbing Machine. On the basis of application, the Gear Hobbing Machines market is segmented into Automobile, Construction Machinery, Metallurgical Machinery, Oil and Mining Machinery, Aerospace, Motorcycle, and Others.
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Market Insights
According to a new research study, the Gear Hobbing Machines market size is expected to reach USD 761 million by 2026 from USD 618 million in 2019, with a compound annual growth rate of 3.02% during the forecast period. The growth can be mainly attributed to the increasing demand for Gear Hobbing Machine in various applications. Moreover, growing industrial automation, expanding the automotive industry, and innovative technology will also propel the growth of the market. The growing 3D printing technology for manufacturing gears is one of the key trends that will contribute to the growth of this market in the forthcoming years. With the recovery of the global economy and the development of emerging powers, the Gear Hobbing Machine market is endowed with a promising future.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
In 2018, the Gear Hobbing Machine global market was mainly concentrated in the three regions of Asia-Pacific, Europe, and North America, with the market share of 29.32%, 26.85%, and 26.68%, accounting for a total of 82.85%. The surge in demand for automation and growing drilling-related activities such as deep-water exploration will fuel the expansion of the market in the Asia-Pacific region. The rapid industrialization and urbanization in developing economies, such as China and India, are expected to drive the growth of the market. North America is expected to noticeable growth in the forecast period, owing to increasing demand for vehicles in the region as a result of a large customer base along with high disposable income.
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Competitive Players
The Gear Hobbing Machines market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Gleason, LMT Tools, Mitsubishi, Premier, and Liebherr. Other prominent vendors in the market are Bourn & Koch, Aeromech Technologies, Kishan, SAMPUTENSILI, PRAWEMA, WTO, Monnier + Zahner, Zen Machine Tools, LUREN, Chongqing Machine Tool, Nanjing NO.2 Machine Tool Works, Zaozhuang Yixin Heavy Machine Tools, Ningbo Yongbo Machinery Manufacturing, and others.
Target Audience for this Report
l Gear Hobbing Machines manufacturers
l Gear Hobbing Machines importers and exporters
l Gear Hobbing Machines traders, distributors, and suppliers
l Raw material suppliers of Gear Hobbing Machines
l Gear Hobbing Machines industry associations
l Product managers, Gear Hobbing Machines industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Gear Hobbing Machines Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Gear Hobbing Machines Market by Types
4 Segmentation of Gear Hobbing Machines Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Gear Hobbing Machines Market in Major Countries
7 North America Gear Hobbing Machines Landscape Analysis
8 Europe Gear Hobbing Machines Landscape Analysis
9 Asia Pacific Gear Hobbing Machines Landscape Analysis
10 Latin America, Middle East & Africa Gear Hobbing Machines Landscape Analysis
11 Major Players Profile
11.1 Gleason
11.1.1 Gleason Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 LMT Tools
11.3 Mitsubishi
11.4 Premier
11.5 Liebherr
11.6 Bourn & Koch
11.7 Aeromech Technologies
11.8 Kishan
11.9 SAMPUTENSILI
11.10 PRAWEMA
11.11 WTO
11.12 Monnier + Zahner
11.13 Zen Machine Tools
11.14 LUREN
11.15 Chongqing Machine Tool
11.16 Nanjing NO.2 Machine Tool Works
11.17 Zaozhuang Yixin Heavy Machine Tools
11.18 Ningbo Yongbo Machinery Manufacturing
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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