© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Global Precision Gearbox Market to grow at over 5.2% CAGR by 2024: Fractovia.org

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Increasing demand in processes such as fluid injection, products transfer via conveyor belt, positing, and precise turning will accelerate precision gearbox industry growth.  Rising demand for miniature, lightweight, and highly precise gears will augment parallel and planetary precision gearbox industry.  Surging requirement for operational efficient machineries and automation will lead to a potential upswing in automated material handling application. Precision gearbox market in robotic applications is set to witness a Y-O-Y growth rate of 6.5% over the period of  At present, the global precision gearbox market is highly fragmented as local manufacturers are spreading their roots in occupying a significant industry share by providing competitive cost benefits to customers. Key Insights of Precision Gearbox Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Precision gearbox is machined to offer more than 90% of efficiency, offering high torque multiplication. Thus, increasing demand for tailored versions of standard gear will spur precision gearbox industry share.  Furthermore, food & beverage and tobacco applications, worth USD 170 million in 2015, are also slated to be effective revenue contributors by providing sustainable production, transportation, and production solutions.  Precision gearbox industry has contributed significantly in applications that can withstand low speed and high torque. Automation in manufacturing bases will provide high potential by ensuring value creation. Continued…

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Germany Precision Gearbox Market size, by application, (USD Million) on)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report Precision Gearbox Request for a Sample of this Research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch Website: Social Media: