The global Construction Machinery Reducer market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The reducer of construction machinery is a mechanical component used for heavy construction equipment to transfer the power of the engine or motor to the wheels or tracks of the machine. The retarder is also commonly referred to as the final drive, the travel motor, or the track drive. The reducer of construction machinery consists of a series of gears, bearings and shafts, which are installed in a solid housing. The gears are designed to mesh with each other and transmit power from the input shaft to the output shaft at a specific speed and torque ratio. The retarder also allows the operator to control the speed and direction of the machine by shifting gears.
According to our “Construction Machinery” research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. China"s construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our “Construction Machinery” research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.
LP Information, Inc. (LPI) ' newest research report, the “Construction Machinery Reducer Industry Forecast” looks at past sales and reviews total world Construction Machinery Reducer sales in 2024, providing a comprehensive analysis by region and market sector of projected Construction Machinery Reducer sales for 2025 through 2031. With Construction Machinery Reducer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Machinery Reducer industry.
This Insight Report provides a comprehensive analysis of the global Construction Machinery Reducer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Machinery Reducer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Machinery Reducer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Machinery Reducer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Machinery Reducer.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Machinery Reducer market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Screw Reducer
Conical Reducer
Worm Reducer
Parallel Shaft Reducer
Segmentation by Application:
Excavating Machinery
Bulldozer
Crane
Wheel Loader
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
China High Speed Transmission Equipment
MOTIVE
Wanshsin Seikou (Hunan) Co.,Ltd.
Fixed Star Group Company
ZhuZhou Gear
Hengfentai
China·Sanlian Transmission Machinery
WGT
Radicon Powerbuild
Taizhou Sihai Machinery
Micro Precision Works
TsubakiEverbest Gear (Tianjin) Co., LTD.
Sumitomo Heavy Industries Gearbox
MITSUI MIIKE MACHINERY
Deling Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Construction Machinery Reducer market?
What factors are driving Construction Machinery Reducer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Construction Machinery Reducer market opportunities vary by end market size?
How does Construction Machinery Reducer break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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