DUBLIN--(BUSINESS WIRE)--The "Global Industrial Gearbox - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
The report, Global Industrial Gearbox Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
An Industrial gearbox is an enclosed system that transmits mechanical energy by reducing speed and generating torque to the output device. Industrial gearboxes can be used to improve organizations' operational output. Many manufacturing industries such as paper, cement, sugar, and rubber depend on the power of industrial gearboxes to complete their production processes. Furthermore, industrial gearboxes include various components such as shafts, gears, ball bearings, bearing covers, oil rings, and oil seals.
The rising adoption of automation in end-user industries such as paper, cement, sugar, and steel to reduce operational costs associated with manufacturing facilities will drive the demand for industrial gearboxes.
One of the procurement best practices for buyers is to ensure that simulations are conducted at the early development stage. According to the report, one of the key growth contributors for the global industrial gearbox market is the rising adoption of automation in end-user industries such as paper, cement, sugar, and steel to reduce operational costs associated with manufacturing facilities. Further, the report states that one of the key category management strategies for the buyers in the global industrial gearbox market is to increase their cost-saving opportunities by minimizing ad-hoc spend.
- Emerson Electric
- Sumitomo Heavy Industries
- China High Speed Transmission Equipment
Key Topics Covered:
1: Executive Summary
2: Market Insights
3: Category Pricing Insights
4: Cost-Saving Opportunities
5: Best Practices
6: Category Ecosystem
7: Category Management Strategy
8: Category Management Enablers
9: Suppliers Selection
10: Suppliers Under Coverage
11: U.S. Market Insights
12: Category Definition
For more information about this report visit https://www.researchandmarkets.com/research/qsw54t/global_industrial?w=4