Global Engineered Gearbox and Drives Market with Timken, Renold 2017-2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Engineered Gearbox and Drives Market 2017-2021" report to their offering.

The report, Global Engineered Gearbox and Drives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is increased demand for engineered solutions in power industry. The power industry operates in a rugged environment, which requires continuous and uninterrupted functioning of components such as turbines and fans that are driven by industrial gearbox and drives. We observe that the estimated operational life of a gearbox and drive used in the power industry usually does not extend beyond seven years due to high environmental stress and loading.

Further, the report states that one of the major factors hindering the growth of this market is continued use of standard off-the-shelf gearbox and drives. Customized gearbox solutions are in demand due to several factors like nature of plant design, capacity, machinery functionality, and individual end-user requirements; however, off-the-shelf gearbox and drives continue to dominate the market.

Key vendors

- Bonfiglioli

- David Brown Gear Systems

- Renold

- Rexnord

- Sumitomo

- Timken

Market drivers

- Increased demand for engineered solutions in power industry

- For a full, detailed list, view the full report

Market challenges

- Continued use of standard off-the-shelf gearbox and drives

- For a full, detailed list, view the full report

Market trends

- Use of 3D printing for engineered gearbox and drives component manufacture

- For a full, detailed list, view the full report

Companies Mentioned

- Bonfiglioli

- David Brown Gear Systems

- Renold

- Rexnord

- Sumitomo Drive Technologies

- Timken

- ABB

- AOKMAN

- Befared

- Cat

- Cone Drive

- Emerson Electric

- Esenpro

- GearTec

- Hansen

- Horsburgh & Scott

- IGW

- Involute

- Klingelnberg

- Kumera

- Rossi

For more information about this report visit http://www.researchandmarkets.com/research/sxdwl4/global_engineered

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Engineering, Automotive Drivetrain and Transmission Components

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Engineering, Automotive Drivetrain and Transmission Components