FRA
Mechanical power transfer involves keeping an object in motion. Equipment that transfers power to other objects transmits pressure and provides motion that is converted to linear reciprocating motion or circular motion. Mechanical power and motion are transmitted through a range of components such as belts, chains, gears, couplings, brakes and clutches, and power screws. These products are generally small and compact in size. The engineered mechanisms of the components provide essential control of speed, torque and positioning of equipment, which can be used in almost any machine, process or application involving motion.
Transmission Industry: Competitive Landscape
Leading manufacturers of mechanical power transmission products are involved in developing innovative solutions and advanced technologies to reduce downtime, improve production and increase system value.
With increasing competition in the market, regional and global players are engaged in technology innovation and acquisition activities to gain greater market share.
For instance:
- CMW offers a variety of custom gears for mechanical power transmission. This range of gears includes spur gears, bevel gears and worm gears; these gears are designed according to the specifications given by customers. The company uses high quality materials such as iron, stainless steel, bronze and carbon steel.
North America dominates the global mechanical power transmission market with 23. 1% market share. The market expansion in North America is driven by an increase in the use of products in industrial facilities, material handling, and water and wastewater treatment operations.
This increase in demand is driven by the requirements for trouble-free operation in many end-use sectors, which is expected to increase the demand for mechanical power transmission products over the next few years.
Europe accounts for 21.3% of the global mechanical power transmission market. The market in Europe is driven by an increase in the number of producers of mechanical power transmission devices, an increase in product supply, and initiatives by government organizations to improve power transmission in industrial sectors.
Which end users make the most use of the mechanical power transmission industry?
At the top of the list are automotive, construction, food and beverage, metals and mining, etc
The automotive industry is the one where mechanical power transmission equipment is most widely used. Heavy-duty transportation vehicles benefit from components such as clutches that minimize noise, improve engine performance, and heat up engines more quickly.
Automotive components can benefit from custom heat treatment, lubrication and bearing part geometry. Manufacturing and assembly of equipment parts take place in plants where industrial repairs are performed; in these settings, gearbox and bearing repairs provide improved reliability and performance to run the manufacturing system to new requirements.
This increases the efficiency of automotive transmission systems in industries. The use of mechanical power transmission equipment has increased due to these considerations globally.
Key Segments Covered by Mechanical Power Transmission Industry Research
- Market Mechanical power transmission by product :
- Belt drives
- V-belt drives
- Synchronous belt drives
- Chain drives
- Couplings
- Clutches
- Others
- Mechanical power transmission market by end user :
- Automotive
- Construction
- Food & Beverage
- Metals & Mining
- Others
- Mechanical power transmission market by sales channel :
- FEO
- Secondary Market
- Mechanical power transmission market by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa