QYResearch QYResearch: The market size of Gear Hobbing Machine will reach 620 million by 2022
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Author
Shan Lixin
Company
QYR Research Center
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QYResearch Recently, QYResearch have published a report on Gear Hobbing Machine market. In this report, we learned from manufacturers that the market of Gear Hobbing Machine is not very good in the past few years. It began to decrease from 2013 but the market is becoming better recently, so the market prospect is still good.
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QYResearch On the basis of region, China accounts for about 33% of Gear Hobbing Machine production market in this industry. And China is also the largest consumption market for Gear Hobbing Machine, followed by Europe and North America. These regions account for large market owing to good industrial development such as Automobile Industry, Aerospace Industry, Engineering Machinery Industry, etc. Gleason ranks the first in terms of revenue share in global market of Gear Hobbing Machine, occupies more than 20% of the global market share in 2016; While, Liebherr, with a market share of 14 %, comes the second; All the other manufacturers which are not included in the report together consist of approximately 23% of the global market in 2016. qyresearch.com
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