A worm reducer is a type of reduction gearbox that consists of a worm pinion input, an output worm gear, and features a right angle output orientation. These reducers are generally used to take a rated motor speed and produce a low-speed output with higher torque value based on the reduction ratio. These reducers require less space and are the smoothest and quietest of the gear systems, as long as they are properly mounted and lubricated. The increasing demand from the automotive & transportation sector will drive the market size in the forecast period.This growth is primarily driven by High Speed Reduction In Minimal Space and Smoothest And Quietest Of The Gear Systems,.
Globally, a noticeable market trend is evident Increasing Use of Double Reduction Worm Reducer. The Machinery & Equipment sector in the North America region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Motovario S.p.A. (Italy), Sankyo Seisakusho (Japan), Siemens (Germany), Nord Gear Limited (England), Boston Gear LLC (United States), Bonfiglioli (Italy), Makishinko (Japan), Tsubakimoto Chain (Japan), Nidec-Shimpo (Japan), Fixed Star Group (China), SITI Power Transmission USA, Inc. (United States), JVL A/S (Denmark), STM S.P.A (Italy), Kählig Antriebstechnik GmbH (Germany), Kumera Corporation, Elecon Engineering Co. Ltd. (India), YUK (Spain), Hangzhou Xingda Machinery (China) and IPTS, Inc (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- High Speed Reduction In Minimal Space
- Smoothest And Quietest Of The Gear Systems,
- Increasing Use of Double Reduction Worm Reducer
- High Cost of Worm Reducer
Demand For Cylindrical Worm Reducer and Increasing Consumption of Worm Reducer in Construction Industry
Fluctuation in Raw Material Prices
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