Companies Dominating the Power Transmission Gearbox Market
- The Timken Company
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Dorris Gear Drives
- Diequa Corporation
- Lafert North America
- ELECON ENGINEERING CO., LTD.
- JATCO Ltd.
- Essential Power Transmission Pvt., Ltd.
- Hangzhou Ever-Power Transmission Co., Ltd.
- ZF Friedrichshafen AG
- China High-Speed Transmission Equipment Group Co., Ltd.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of power transmission gearbox is estimated at USD 35.84 billion.
The power transmission gearbox market size was valued at USD 34.58 billion in 2024 and is likely to cross USD 59.78 billion by 2037, registering more than 4.3% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for energy-efficient buildings and the rising need for small gearboxes will drive the market growth.
North America industry is likely to dominate majority revenue share of 35% by 2037, due to growing automotive industry in the region.
The major players in the market are Dorris Gear Drives, Diequa Corporation, Lafert North America, ELECON ENGINEERING CO., LTD., JATCO Ltd., Essential Power Transmission Pvt., Ltd., Hangzhou Ever-Power Transmission Co., Ltd., ZF Friedrichshafen AG, China High-Speed Transmission Equipment Group Co., Ltd., and The Timken Company.
