Gears have been enabling industrial machinery to perform as desired by transmitting and redirecting the mechanical power. All the automation initiatives are being realized by the essential contribution of gears. Apart from automation, it is also the driver of operational procedures at large. As the requirement for high-quality and uninterrupted production process arises, manufacturers in various industries are looking for premium quality gears. Premium quality gears with robust wear performance and enhanced surface quality continue to gain significant demand in the medical, automotive, aerospace, agriculture, paper and pulp, mining industry. A shift in energy-efficient units such as seven and eight-speed automatic transmissions and fast-growing markets like wind and solar energy are also boosting global gear sales as they play an important role in minimizing production times to ensure competitiveness. Manufacturers in the industrial gear market are increasing their production capabilities in worm gears that are being extensively used to accomplish large speed reduction ratio. Since industrial gears are being used in routine production activities worldwide, the industrial gear market is expected to surpass the revenue of USD 111.4 Bn by the end of 2030.
One of the major sectors witnessing high usage of gears is the automotive industry which is growing unimpeded with increased production volume of passenger cars and commercial vehicles in recent years. In addition, increasing installation of mechanized and automated parts in automobiles, advancements in technology, and demand for improved driving experience in terms of smooth gear shift and enhanced acceleration are driving the growth of the automotive gears industry. Several players have ventured into the market to harness the potential of this sector.
After studying this industry segment in-depth, we have come up with the list of Top 10 Gear Manufacturers who have excelled in this field with their innovative approach. Having proven their dedication to quality and delivery in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd.
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