The Business Research Company’s Mechanical Power Transmission Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Mechanical Power Transmission Equipment Global Market Report 2023 evaluates mechanical power transmission equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global mechanical power transmission equipment market grew from $64.92 billion in 2022 to $70.24 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mechanical power transmission equipment market is expected to grow to $92.39 billion in 2027 at a CAGR of 7.1%.
The mechanical power transmission equipment market segments in the report are:
1) By Type: Plain Bearings, Joints, Clutches, Couplings, Pulleys, Chains And Sprockets, Other Mechanical Power Transmission Equipment
2) By End-User Industry: Automotive, Aerospace & Defense, Power Industry, Other End-User Industries
3) By Sales Channel: OEM, Aftermarket
Top 5 Major Key Players Are:
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The table of contents in TBRC’s mechanical power transmission equipment market report includes:
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List Of Tables
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Mechanical Power Transmission Equipment Market, 2022, By Region, Value ($ Billion)
Table 4: Global Mechanical Power Transmission Equipment Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Mechanical Power Transmission Equipment Market, Growth And Market Share Comparison, By Region
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Table 128: Global Engine, Turbine, And Power Transmission Equipment Manufacturing Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 129: Global Engine, Turbine, And Power Transmission Equipment Manufacturing Market, 2017-2022, 2022-2027F, 2032F, Segmentation By Type, Value ($ Billion)
Table 130: Global Mechanical Power Transmission Equipment Market In 2027- Growth Countries
Table 131: Global Mechanical Power Transmission Equipment Market In 2027- Growth Segments
Table 132: Global Mechanical Power Transmission Equipment Market In 2027- Growth Strategies
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