Global market value of industrial gearboxes 2018-2023

Published by Statista Research Department, Apr 19, 2022
The market for industrial gearboxes is growing due to increasingly industrial automation in manufacturing industries as well as the need for energy transmission systems. In 2023, the global industrial gearbox market is expected to reach 31.9 billion U.S. dollars in value.

Industrial gearbox market size worldwide in 2018 and 2023 (in billion U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

September 2018

Region

Worldwide

Survey time period

2018

Supplementary notes

* Projection based on a CAGR of 4.25 percent between 2018 and 2023.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Equipment rental market worldwide "

The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Equipment rental market worldwide

Overview

6

Segments

6

Companies

8

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Machinery industry in IndiaSteel industry in IndiaPlastics industry in IndiaConstruction industry in IndiaCement industry in India
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.