Global Gear Hob Cutter Market: Overview

Gears are widely used in several mechanisms. They are used to transmit torque and rotational motion. With different gear arrangements, it is possible to achieve numerous gear ratios, which help precisely control speed and torque as required in several applications. Gears are imperative and integral components of gearboxes and gear motors and are used for applications in automotive, power generation, and industrial machinery, etc. However, gear profiles must be accurate and within the dimensional tolerances for efficient transmission of power and torque. This can be effectively achieved through the hobbing process. The hobbing process uses a gear hob to cut a metal blank into gear. Variety of hobs are used in hobbing process depending upon the type of gear to be cut. Bevel gears, worm gears, spur gears, and helical gears require different hobs for cutting their specific profiles.

The gear hob cutter market is driven by growth in various manufacturing and general industries. Furthermore, gear hobbing is a versatile process, which can help manufacture virtually any type of gear. Other manufacturing processes are time consuming and may not always offer the same precision as gear hob cutters. However, gear hob cutters can just be used for external gear manufacturing. This is a major drawback of the gear hob cutter market. Other techniques are employed for internal gears.

Global Gear Hob Cutter Market: Key Segments

Based on type, the gear hob cutter market can be segmented into shank type, bore type, and others. Bore type hobs are used commonly. They are available in several dimensions. Hence, most manufacturers prefer the bore type of hob gears for their versatility. However, setting up time and adjustments are issues for the bore type gear hob cutter. This disadvantage can be overcome by using shank type gear hob cutter, but at the expense of losing flexibility of usage. In terms of gear type, the gear hob cutter market can be classified into spur gear hob, helical gear hob, bevel gear hob, worm gear hob, and others. Each gear has a different profile; thus, it requires a specific hob to cut.

In terms of geography, the global gear hob cutter market can be split into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Asia Pacific is anticipated to be the key region of the gear hob cutter market.  Rise in manufacturing activities and expansion in several industries such as automotive, equipment manufacturing, and power generation are key factors driving the demand for gear hob cutters in the region. Demand for gear box and other geared assemblies rises in proportion to the increase in automotive sales. These gears are manufactured using gear hobs. Similar trend holds true for other manufacturing industries. Europe and North America are also key regions of the gear hob cutter market. Europe has the most innovative and technologically advanced manufacturing industry. The region witnesses substantial innovation and development of gear hob cutters. Manufacturing of automobiles and other off-highway vehicles is high in North America. This, in turn, is driving the gear hob cutter market in the region. Latin America and Middle East & Africa are still emerging markets; however, these regions are anticipated to provide lucrative opportunities to the gear hob cutter market as several manufacturing industries are being established in these regions.

Global Gear Hob Cutter Market: Key Players

Key players operating in the global gear hob cutter market include Mitsubishi Heavy Industries Ltd. STAR SU LLC, and Sandvik Coromant.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Gear Hob Cutter Market

Pre Book