Precision Gearbox Market Revenue by Regional Companies – ABB, Bonfiglioli, Emerson, Rexnord, Siemens, SEW Eurodrive
Precision Gearbox Market will grow at 5.2% CAGR to surpass USD 2.5 billion by 2024. Planetary, parallel, and right angle precision gearboxes, each designed with a specialized mechanism and end-use requirement, constitute the product landscape of precision gearbox industry. The material handling sector, in particular, makes use of special parallel gearboxes that use gear units. These units are mounted on shafts on parallel axes and are very convenient for usage in material handling and for conveyor belts. Parallel precision gearbox...
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