Industrial Gearbox Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Industrial Gearbox Market Size & Share and It is Segmented by Type (Worm Gearbox, Helical Gearbox, Bevel Helical Gearbox, Planetary Gearbox, and Other Types), End User (Automotive, Energy, Manufacturing, Mining, Water Treatment, Other End Users), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Report Offers the Market Size and Forecasts for Industrial Gearbox Market in Revenue for all the Above Segments.

Industrial Gearbox Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Industrial Gearbox Market Size

Industrial Gearbox Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 30.37 Billion
Market Size (2030) USD 37.19 Billion
CAGR (2025 - 2030) 4.13 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Industrial Gearbox Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Industrial Gearbox Market Analysis

The Industrial Gearbox Market size is estimated at USD 30.37 billion in 2025, and is expected to reach USD 37.19 billion by 2030, at a CAGR of 4.13% during the forecast period (2025-2030).

  • Over the medium term, factors such as the growing adoption of industrial automation across various industrial sectors, like manufacturing, steel, and food and beverages, are expected to drive the market during the forecast period.
  • On the other hand, the slowdown in economic and industrial activities is expected to negatively impact the industrial gearbox market negatively, thus restraining market growth.
  • Nevertheless, soaring demand for energy-efficient gearboxes is expected to create immense opportunities for the global industrial gearbox market in the coming years.
  • Asia-Pacific is expected to dominate the industrial gearbox market during the forecast period. Owing to the rapid economic growth and industrial activities in the region.

Industrial Gearbox Industry Overview

The industrial gearbox market is semi-consolidated. Some of the major players in market (not in particular order) include Bonfiglioli riduttori spa, Sumitomo Drive Technologies, Flender International GmbH, Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd., ZF Friedrichshafen AG, among others.

Industrial Gearbox Market Leaders

  1. Bonfiglioli riduttori spa

  2. Sumitomo Drive Technologies

  3. Flender International GmbH

  4. Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd

  5. ZF Friedrichshafen AG

  6. *Disclaimer: Major Players sorted in no particular order
Industrial Gearbox Market Concentration
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Industrial Gearbox Market News

  • October 2024: Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of the global power transmission giant Bonfiglioli Group, unveiled significant expansion plans in India. The company inaugurated its Technology and Innovation Hub in Chennai and laid the foundation stone for a new Industry and Automation facility in Cheyyar, Tamil Nadu.
  • by 2025: the new 25-acre facility aims to cater to the surging domestic demand for heavy-duty industrial gearboxes, complementing Bonfiglioli's earlier investments in Pune, which focused on boosting production for light and medium-duty gearboxes.
  • August 2024: FAVI, a French production partner, showcased the Saga motor gearbox, highlighting its capabilities. The company offers extensive services, including R&D, co-design, industrialization, parts production, and complete set assembly for third parties.

Industrial Gearbox Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Growing Adoption of Industrial Automation across Various Industrial Sectors
    • 4.5.1.2 Rising Sales for Automobiles across the World
    • 4.5.2 Restraints
    • 4.5.2.1 Slow Down in Economic and Industrial Activities
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Investment Analysis

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Worm Gearbox
    • 5.1.2 Helical Gearbox
    • 5.1.3 Bevel Helical Gearbox
    • 5.1.4 Planetary Gearbox
    • 5.1.5 Other Types
  • 5.2 End User
    • 5.2.1 Automotive
    • 5.2.2 Energy
    • 5.2.3 Manufacturing
    • 5.2.4 Mining
    • 5.2.5 Water Treatment
    • 5.2.6 Other End Users
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 France
    • 5.3.2.3 United Kingdom
    • 5.3.2.4 Russia
    • 5.3.2.5 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 Indonesia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Colombia
    • 5.3.4.4 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Qatar
    • 5.3.5.4 Iran
    • 5.3.5.5 Egypt
    • 5.3.5.6 South Africa
    • 5.3.5.7 Nigeria
    • 5.3.5.8 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Bonfiglioli riduttori spa
    • 6.3.2 Liebherr-International Deutschland GmbH
    • 6.3.3 Electric Motors and Gearboxes Ltd
    • 6.3.4 Getriebebau NORD GmbH & Co. KG
    • 6.3.5 Sumitomo Drive Technologies
    • 6.3.6 Konic Gearbox Company
    • 6.3.7 DB Santasalo S.à r.l
    • 6.3.8 TANDLER Zahnrad- und Getriebefabrik GmbH & Co. KG
    • 6.3.9 ZF Friedrichshafen AG
    • 6.3.10 Flender International GmbH
    • 6.3.11 Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd
    • 6.3.12 Zollern GmbH & Co. KG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Soaring Demand for Energy Efficient Gearboxes
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Industrial Gearbox Industry Segmentation

Industrial gearboxes are mechanical devices that are necessary components of machinery benefited by various industries. An enclosed housing containing a series of shafts and gears transfers power between devices within a system. Gearboxes increase torque, lower the rotation speed of the prime mover output shaft, and convert mechanical energy to usable form.

The industrial gearbox market is segmented by type, end user, and geography. By type, it is segmented into worm gearbox, helical gearbox, bevel helical gearbox, planetary gearbox, and others. By end user, it is segmented into automotive, energy, manufacturing, mining, water treatment, and other end users. The report also covers the market size and forecasts for the industrial gearbox market across major regions. The market size and forecasts have been done for each segment based on revenue (USD).

Type Worm Gearbox
Helical Gearbox
Bevel Helical Gearbox
Planetary Gearbox
Other Types
End User Automotive
Energy
Manufacturing
Mining
Water Treatment
Other End Users
Geography North America United States
Canada
Rest of North America
Europe Germany
France
United Kingdom
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Indonesia
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Rest of South America
Middle-East and Africa Saudi Arabia
United Arab Emirates
Qatar
Iran
Egypt
South Africa
Nigeria
Rest of South America
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Industrial Gearbox Market Research Faqs

How big is the Industrial Gearbox Market?

The Industrial Gearbox Market size is expected to reach USD 30.37 billion in 2025 and grow at a CAGR of 4.13% to reach USD 37.19 billion by 2030.

What is the current Industrial Gearbox Market size?

In 2025, the Industrial Gearbox Market size is expected to reach USD 30.37 billion.

Who are the key players in Industrial Gearbox Market?

Bonfiglioli riduttori spa, Sumitomo Drive Technologies, Flender International GmbH, Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd and ZF Friedrichshafen AG are the major companies operating in the Industrial Gearbox Market.

Which is the fastest growing region in Industrial Gearbox Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Industrial Gearbox Market?

In 2025, the Asia Pacific accounts for the largest market share in Industrial Gearbox Market.

What years does this Industrial Gearbox Market cover, and what was the market size in 2024?

In 2024, the Industrial Gearbox Market size was estimated at USD 29.12 billion. The report covers the Industrial Gearbox Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Industrial Gearbox Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Industrial Gearbox Industry Report

The industrial gearbox market is experiencing significant growth, driven by the increasing automation in key sectors such as automotive, food processing, and agriculture machinery. The market is segmented by type, design, and end-user industries, with notable segments including planetary, helical, bevel, and spur gearboxes. Planetary gearboxes are extensively used in applications like wind turbines and various manufacturing industries due to their operational efficiency.

The design segment is dominated by parallel and angular axis gearboxes, with parallel designs being prevalent for their simplicity and efficiency. Geographically, the Asia Pacific region leads due to its robust manufacturing base and significant investments in wind power and automation. North America is also seeing rapid growth from advancements in manufacturing technology and the presence of key market players.

The market growth is further supported by the rising demand for energy efficiency and the expansion of power generation and renewable energy sectors. The market size is expected to expand significantly, reflecting the increasing demand for more efficient and robust gearbox systems.

For detailed statistics on market share, size, and revenue growth rate, refer to Mordor Intelligence™ Industry Reports, which include market forecasts, historical overviews, and free report PDF downloads. The industry analysis and industry outlook indicate a positive trend, supported by comprehensive industry research and market data. The market review and market segmentation provide a clear understanding of the market value and market predictions for the future.