Global Gear Hobbing Machine Market Worth $ 585 Million by 2020

Date: 2017-08-30

Gear Hobbing Machines are fully automated machines that come in many sizes, because they need to be able to produce anything from tiny instrument gears up to 10 ft (3.0 m) diameter marine gears. Gear Hobbing Machine includes Vertical Gear Hobbing Machine and Horizontal Gear Hobbing Machine on the base of classification, which represent 62% and 38% of global Gear Hobbing Machine market. 

Automotive Field, Engineering Machinery and Aerospace Field are the main application of Gear Hobbing Machine product and North American is the largest Gear Hobbing Machine market on production and consumption.

Global Gear Hobbing Machine market is projected to reach $ 585 Million by 2020, with a GAGR of 1.3% from 2016, and Asia will have a big dynamic momentum on the market growth. The major players in the global Gear Hobbing Machine market are Gleason, Liebherr and Chongqing Machinery & Electronics Holding (Group) Co. Ltd. etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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