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Los Angeles, CA -- (SBWIRE) -- 10/23/2018 -- Description
This report studies the global Gear Grinding Machine market status and forecast, categorizes the global Gear Grinding Machine market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Gear grinding is the name of a specific gear creation technique. Grinding involves the removal of unwanted materials through an abrasion process. Grinding is typically the last step in the gear creation process; other techniques have removed the majority of the material first. There are several methods of grinding, but not all of them are used for the creation of gears. In addition to the gear creation meaning, gear grinding is the common term for incorrectly shifting a manual transmission vehicle.
For industry structure analysis, the Gear Grinding Machine Industry is concentrate. The top five producers account for about 67% of the revenue market. Regionally, Europe is the biggest production area of Gear Grinding Machine, also the leader in the whole Gear Grinding Machine.
In 2017, the global sales volume of the Gear Grinding Machine reaches over 1000 Unit; the gross margin is around 32% during the last five years. Geographically, China occupied 28.08% of the sales volume market in 2017. It is followed by Europe and North America, which respectively have around 22.97% and 20.33% of the global total industry.
For price trend analysis, a key variable in the performance of Gear Grinding Machine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
The global Gear Grinding Machine market is valued at 820 million US$ in 2017 and will reach 1060 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.
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The major manufacturers covered in this report
Chongqing Machine Tool
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Internal Gear Grinding Machine
Universal Gear Grinding Machine
By Application, the market can be split into
General Mechanical Industry
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