Overview

Top gear: Renewed downstream demand will keep revenue growth steady

IBISWorld’s industry research report on Gear & Speed Changer Manufacturing can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Industry revenue is anticipated to reverse and exhibit consistent growth
  • Sharp declines in demand from downstream domestic companies hindered imports
  • Private nonresidential construction and utilities construction will be the main drivers of construction machinery growth

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    Industry Analysis & Industry Trends

    At the outset of the five-year period, mining and construction levels were high, which supported demand from industrial customers. However, over the five years to 2017, the industry receded from its initial high. Overall, industry revenue is anticipated to decline during the period. Over the five years to 2022, revenue for the Gear and Speed Changer Manufacturing industry is expected to reverse and exhibit consistent growth. Industry revenue growth is anticipated to be stimulated by growth in manufacturing activity and stronger corporate profit levels, which is projected to boost private investment in equipment and machinery...

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    Industry Report - Industry Key Buyers Chapter

    The Gear and Speed Changer Manufacturing industry has a medium level of market concentration, with the four largest companies accounting for an estimated 31.7% of industry revenue in 2017. According to US Census data, 83.6% of all industry operators are small- to medium-sized, and have fewer than 99 employees. Conversely, several large machinery and electronic equipment manufacturers participate in this industry. For example, major player Regal-Beloit is a global manufacturing company with more than 24,000 employees. During the five-year period, large industry operators have expanded operations and acquired smaller competitors to achieve greater cost efficiencies. Consequently, industry concentration has increased.

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    Additional Insights for the Gear & Speed Changer Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Gear & Speed Changer Manufacturing Industry are

  • Ability to abide by government manufacturing regulations
  • Access to the latest available and most efficient gear technology and manufacturing techniques
  • High product quality
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Oil and natural gas price index in the Gear & Speed Changer Manufacturing industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Gear & Speed Changer Manufacturing Industry?

    This industry includes establishments engaged in manufacturing gears, speed changers and industrial high-speed drives. These components are used primarily in mechanical power transmissions for industrial machines or vehicles. This industry does not include passenger automobile transmission manufacturing.

    Industry Products
    Speed changers and industrial high-speed drives
    Gears, pinions, racks and worms
    Industry Activities
    Manufacturing gears (e.g. helical, worm, bevel)
    Manufacturing power transmission equipment (e.g. speed changers, gear motors)

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • Oil and natural gas price index
  • Private investment in industrial equipment and machinery
  • Import penetration into the manufacturing sector

  • Current Performance
  • Downstream demand and international trade
  • Falling profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising demand
  • Higher costs
  • Increasing import competition
  • Table: Gear & Speed Changer Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gear & Speed Changer Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Manufacturing
  • Construction Machinery Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing
  • Woodworking Machinery Manufacturing
  • Plastics & Rubber Machinery Manufacturing
  • Semiconductor Machinery Manufacturing
  • Printing, Paper, Food, Textile & Other Machinery Manufacturing
  • Metalworking Machinery Manufacturing
  • Pump & Compressor Manufacturing
  • Power Tools & Other General Purpose Machinery Manufacturing

  • Key Selling Industries
  • Aluminum Manufacturing
  • Iron & Steel Manufacturing
  • Metalworking Machinery Manufacturing
  • Nonferrous Metal Refining
  • Nonferrous Metal Rolling & Alloying

  • Products & Services
  • Speed changers and industrial high-speed drives
  • Gears, pinions, racks and worms
  • Chart: Gear & Speed Changer Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Manufacturers
  • Wholesale and rental
  • Other
  • Chart: Major Market Segmentation for the Gear & Speed Changer Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Gear & Speed Changer Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gear & Speed Changer Manufacturing Industry

  • Industry Globalization
    Major Companies
    Regal-BeloitRexnord LLC
  • Table: Regal-Beloit - financial performance
  • Table: Rexnord LLC - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Gear & Speed Changer Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Gear & Speed Changer Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • World price of steel (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Gear Motor
  • A complete motive force system consisting of an electric motor and a reduction gear train integrated into one easy-to-mount and -configure package.
  • Speed Reducer
  • A power transmission mechanism designed to provide a speed for the driven equipment less than that of the prime mover. Speed reducers may have either constant speed or adjustable speed.
  • Worm Gear
  • A mechanical arrangement consisting of a toothed wheel worked by a short revolving cylinder (worm) bearing a screw thread.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Gear & Speed Changer Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Gear & Speed Changer Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Gear & Speed Changer Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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