Global Gear Cutting Machine Market Growth 2023-2029

Global Gear Cutting Machine Market Growth 2023-2029

A gear cutting machine is used to rough out and finishes gear teeth, to fit gears, and to fine finish and round off the butt ends of gear teeth. This report mainly covers the Gear Hobbing Machine, Gear Shaping Machine, Gear Shaving Machine, Gear Grinding Machine, Shaving Cutter Grinder and Cutting Machines.

LPI (LP Information)' newest research report, the “Gear Cutting Machine Industry Forecast” looks at past sales and reviews total world Gear Cutting Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Gear Cutting Machine sales for 2023 through 2029. With Gear Cutting Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gear Cutting Machine industry.

This Insight Report provides a comprehensive analysis of the global Gear Cutting Machine 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 Gear Cutting Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gear Cutting Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gear Cutting Machine 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 Gear Cutting Machine.

The global Gear Cutting Machine market size is projected to grow from US$ 1862.6 million in 2022 to US$ 2341 million in 2029; it is expected to grow at a CAGR of 2341 from 2023 to 2029.

Global Gear Cutting Machines key players include Gleason, Liebherr, Reishauer, Klingelnberg, Chongqing Machine Tool, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share about 30%, followed by North America and China, both with a share about 20 percent. In terms of product, Gear Grinding Machine is the largest segment, with a share about 30%. And in terms of application, the largest application is Automotive Industry, followed by General Machinery Industry, Aerospace Industry, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Gear Cutting Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Gear Hobbing Machine
Gear Shaping Machine
Gear Shaving Machine
Gear Grinding Machine

Segmentation by application
Vehicle Gear Application
General Industrial Gear Application

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 analyzing the company's coverage, product portfolio, its market penetration.
Gleason
Mitsubishi Heavy Industries
Yanmar Group(Kanzaki)
Mazak Optonics Corporation
Liebherr Group
FFG Werke GmbH
AxleTech International(US Gear)
EMAG Group
Koepfer
KLINGELNBERG GmbH
Luren Precision Chicago Co., Ltd.
HMT Machine Tools Limited
Schiess Brighton Holding
Ueda Heavy Gear Works
Machine Tool Builders, Inc.
Tianjin No.1 Machine Tool Works
Chongqing Machine Tool (Group) Co.,Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gear Cutting Machine market?

What factors are driving Gear Cutting Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gear Cutting Machine market opportunities vary by end market size?

How does Gear Cutting Machine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.