Global Industrial Girth Gear Market 2024-2028

The industrial girth gear market is forecasted to grow by USD 54.16 mn during 2023-2028, accelerating at a CAGR of 2.01% during the forecast period. The report on the industrial girth gear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	1.76%
CAGR	2.01%
Incremental Value	$54.16mn

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improvements in girth gear manufacturing technologies, expansion activities, and setting up of new cement plants, and augmented demand for industrial girth gears in APAC.

Technavio's industrial girth gear market is segmented as below:

By Type

Flange mounted girth gear
Tangential spring mounted girth gear

By Application

Cement
Mining
Chemical and petrochemicals
Metal fabrication
Others

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the growing investments in solid waste management as one of the prime reasons driving the industrial girth gear market growth during the next few years. Also, increased focus on the service and maintenance of girth gears and consolidation in the cement industry will lead to sizable demand in the market.

The report on the industrial girth gear market covers the following areas:

Industrial girth gear market sizing
Industrial girth gear market forecast
Industrial girth gear market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial girth gear market vendors that include ASHOKA MACHORD PVT. LTD., Chanderpur, DB Santasalo Sarl, FLSmidth and Co. AS, Galbiati Costruzioni Meccaniche Srl, Harcliff Mining Services Pty Ltd., Hofmann Engineering Pty Ltd., Kohara Gear Industry Co. Ltd., Kumera Corp., Marshall Gears, Nippon Chuzo K.K., P. van der Wegen Gears, SEW-EURODRIVE GmbH and Co KG, Stotz Gears Pvt. Ltd., SYMMEN, The KCP Ltd., Ueda Heavy Gear Works Ltd., VULCAN Industrial Engg. Co. Pvt. Ltd., Xinxiang Great Wall Machinery Co. Ltd., and Siemens AG. Also, the industrial girth gear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43615

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global industrial girth gear market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global industrial girth gear market 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Flange mounted girth gear - Market size and forecast 2023-2028
Exhibit 34: Chart on Flange mounted girth gear - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Flange mounted girth gear - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Flange mounted girth gear - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Flange mounted girth gear - Year-over-year growth 2023-2028 (%)
6.4 Tangential spring mounted girth gear - Market size and forecast 2023-2028
Exhibit 38: Chart on Tangential spring mounted girth gear - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Tangential spring mounted girth gear - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Tangential spring mounted girth gear - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Tangential spring mounted girth gear - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2023-2028 (%)
Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Cement - Market size and forecast 2023-2028
Exhibit 48: Chart on Cement - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Cement - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Cement - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Cement - Year-over-year growth 2023-2028 (%)
7.4 Mining - Market size and forecast 2023-2028
Exhibit 52: Chart on Mining - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Mining - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Mining - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Mining - Year-over-year growth 2023-2028 (%)
7.5 Chemical and petrochemicals - Market size and forecast 2023-2028
Exhibit 56: Chart on Chemical and petrochemicals - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Chemical and petrochemicals - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Chemical and petrochemicals - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Chemical and petrochemicals - Year-over-year growth 2023-2028 (%)
7.6 Metal fabrication - Market size and forecast 2023-2028
Exhibit 60: Chart on Metal fabrication - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Metal fabrication - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Metal fabrication - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Metal fabrication - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
Exhibit 68: Market opportunity by Application ($ million)
Exhibit 69: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 Russia - Market size and forecast 2023-2028
Exhibit 107: Chart on Russia - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ASHOKA MACHORD PVT. LTD.
Exhibit 123: ASHOKA MACHORD PVT. LTD. - Overview
Exhibit 124: ASHOKA MACHORD PVT. LTD. - Product / Service
Exhibit 125: ASHOKA MACHORD PVT. LTD. - Key offerings
12.4 Chanderpur
Exhibit 126: Chanderpur - Overview
Exhibit 127: Chanderpur - Product / Service
Exhibit 128: Chanderpur - Key offerings
12.5 DB Santasalo Sarl
Exhibit 129: DB Santasalo Sarl - Overview
Exhibit 130: DB Santasalo Sarl - Product / Service
Exhibit 131: DB Santasalo Sarl - Key offerings
12.6 FLSmidth and Co. AS
Exhibit 132: FLSmidth and Co. AS - Overview
Exhibit 133: FLSmidth and Co. AS - Business segments
Exhibit 134: FLSmidth and Co. AS - Key news
Exhibit 135: FLSmidth and Co. AS - Key offerings
Exhibit 136: FLSmidth and Co. AS - Segment focus
12.7 Galbiati Costruzioni Meccaniche Srl
Exhibit 137: Galbiati Costruzioni Meccaniche Srl - Overview
Exhibit 138: Galbiati Costruzioni Meccaniche Srl - Product / Service
Exhibit 139: Galbiati Costruzioni Meccaniche Srl - Key offerings
12.8 Harcliff Mining Services Pty Ltd.
Exhibit 140: Harcliff Mining Services Pty Ltd. - Overview
Exhibit 141: Harcliff Mining Services Pty Ltd. - Product / Service
Exhibit 142: Harcliff Mining Services Pty Ltd. - Key offerings
12.9 Kohara Gear Industry Co. Ltd.
Exhibit 143: Kohara Gear Industry Co. Ltd. - Overview
Exhibit 144: Kohara Gear Industry Co. Ltd. - Product / Service
Exhibit 145: Kohara Gear Industry Co. Ltd. - Key offerings
12.10 Kumera Corp.
Exhibit 146: Kumera Corp. - Overview
Exhibit 147: Kumera Corp. - Product / Service
Exhibit 148: Kumera Corp. - Key offerings
12.11 Nippon Chuzo K.K.
Exhibit 149: Nippon Chuzo K.K. - Overview
Exhibit 150: Nippon Chuzo K.K. - Product / Service
Exhibit 151: Nippon Chuzo K.K. - Key offerings
12.12 P. van der Wegen Gears
Exhibit 152: P. van der Wegen Gears - Overview
Exhibit 153: P. van der Wegen Gears - Product / Service
Exhibit 154: P. van der Wegen Gears - Key offerings
12.13 SEW-EURODRIVE GmbH and Co KG
Exhibit 155: SEW-EURODRIVE GmbH and Co KG - Overview
Exhibit 156: SEW-EURODRIVE GmbH and Co KG - Product / Service
Exhibit 157: SEW-EURODRIVE GmbH and Co KG - Key offerings
12.14 Siemens AG
Exhibit 158: Siemens AG - Overview
Exhibit 159: Siemens AG - Business segments
Exhibit 160: Siemens AG - Key news
Exhibit 161: Siemens AG - Key offerings
Exhibit 162: Siemens AG - Segment focus
12.15 SYMMEN
Exhibit 163: SYMMEN - Overview
Exhibit 164: SYMMEN - Product / Service
Exhibit 165: SYMMEN - Key offerings
12.16 The KCP Ltd.
Exhibit 166: The KCP Ltd. - Overview
Exhibit 167: The KCP Ltd. - Business segments
Exhibit 168: The KCP Ltd. - Key offerings
Exhibit 169: The KCP Ltd. - Segment focus
12.17 Xinxiang Great Wall Machinery Co. Ltd.
Exhibit 170: Xinxiang Great Wall Machinery Co. Ltd. - Overview
Exhibit 171: Xinxiang Great Wall Machinery Co. Ltd. - Product / Service
Exhibit 172: Xinxiang Great Wall Machinery Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations