Gears are vital
components for the functioning of industrial equipment and products.
As against gears used in consumer and commercial products, industrial
gears are characterized by durable metal composition and heavy duty
construction.
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Research Report of Industrial Gear Market :
Industrial gears are
manufactured as per the set industrial norms and standards using the
optimum quality materials. Standards for industrial gears include ISO
9001:2008, DIN Standards and American Gear Manufacturers Association
(AGMA) standards. Industrial gears are mainly used in steel
manufacturing, steel processing, material handling, machine tools
industry, engineering industry and in paper, plastic, rubber and
sugar industries. The vendors manufacture all types of gears
including bevel, helical, worm gears, spur, herringbone, spline,
sprocket, double helical, internal, and rack. The size of the gear
sets vary mainly between pitch diameters of 80-2000 mm. Industrial
gear boxes, conveyor drives, pulverisers, marine drives,
transportation systems are some of the applications that represent
the industrial gear sector. The gears used in these applications are
manufactured by job shops that specialize in small batch production
over large varieties. Rigid machine construction and economics of
production are the key factors that define the leading technology for
this market. In addition to this, ability to withstand high
mechanical loads and climatic stresses, service life, low noise
emissions and low weight are few other parameters ensured by vendors
in industrial gears market.
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Industrial gear
market is segmented by geography as North America, Europe, Asia
Pacific, Middle-East and Africa and Latin America. Growing population
and increasing income in countries such as India, China, and Brazil
have led industries such as oil and gas, textile, food and beverage,
and pulp and paper to expand their facilities in order to meet the
demand of the consumer. These industries are expected to continue
driving the growth of industrial gears market in the foreseeable
future. Industrial gear market is cost sensitive. Gear manufacturers
use various materials in their products, including stainless steels,
hardened steel, cast iron, aluminum, brass and bronze. Increasing
prices of raw materials are posing a challenge to vendors to absorb
the burden of costs and maintain profitability. Vendors vary sizes,
shapes, speed ratios and designs of gears according to the specific
requirements of industrial applications to remain competitive in the
market. Companies such as Ashoka Machine Tools Corporation and
Precipart Corporation are offering customized industry-specific gears
to retain their market share. Cleveland Gear Company, Inc. refurbish
industrial gears produced by other manufacturers along with
customization services. Intelligent integration of components is also
a recent trend in this industry. For instance, SEW Eurodrive’s
mechatronic industrial gear unit integrates industrial gear units,
decentralized frequency inverters and motors in a standard package
which allow use of linked-up sensor technology.
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Leading market
participants in this industry include Klingelnberg GmbH, Cleveland
Gear Company, Inc. Essential Power Transmission Pvt. Ltd. (Esenpro),
Precipart Corporation, Griffin Gear Inc.(Renaissance Power Systems),
NORD drivesystemsPvt. Ltd., Renold plc, SEW-Eurodrive, GearTech,
Inc., (United Stars, Inc.), Allied Precision Gears Inc, Jrlon, Inc.
Edgerton Gear, Inc. SRS Gears and Sprockets and Ashoka Machine Tools
Corporation among others.
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