The industrial gearbox market is predicted to be worth USD 30.08 billion in 2023, and rise to USD 47.16 billion by 2033. Demand is expected to increase at a CAGR of 4.6% during the projected period.

Industrial Gearbox Market was USD 33.72 Bn in 2024 and is expected to expand at a CAGR of 4.36 % from 2025 to 2032, reaching USD 47.45 Bn by 2032. Gearboxes are key components of multiple ...

Momentum continues to grow behind the ambitious plans of SEW-EURODRIVE South Africa to become a leading force in the continent’s industrial gearbox business, drives and automation solutions according ...