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20 Jul 2017  |  Global  |  Market Research

Global Gearboxes and Gear Motors Market, Forecast to 2021

Preference for Higher Energy Efficiency is Expected to Drive Out Low Efficiency Gears and Increase the Adoption of Gearless Systems

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The global gearbox and gear motor market is a highly diversified market with competition distributed across a wide range of industrial and geographic product segments. Each market segment provides varying levels of growth opportunities and competitive landscapes. Each segment requires different product portfolios and competencies to be successful. ...

17 Jan 2020  |  Asia Pacific  |  Market Research

Asia-Pacific Machine Tool Market, Forecast to 2023

Manufacturing Industries Shifting Toward Low-cost Production, Coupled with Globalization of Markets, is Propelling the Consumption of Machine Tools in Asia-Pacific

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Growing per-capita income of middle-class consumers has led to a rise in spending on goods. To meet the demand and grab the opportunity in the Asian market, manufacturing industries are investing in new production plants and machines. Additionally, low-cost manufacturing competitiveness such as lower labor costs, young populations, and low cost of ...