Gear Measuring Machine Industry Analysis in East Asia
Study on Gear Measuring Machines in East Asia by <300 mm, 300 to 600 mm, 601 to 900 mm, 901 to 1,200 mm, and Above 1,200 mm Working Diameter from 2024 to 2034
Analysis of Gear Measuring Machines Covering Countries Including Analysis of China, Japan, South Korea
Gear Measuring Machine Sales Outlook for East Asia (2024 to 2034)
Fact.MR, in its newly published report, reveals that sales of gear measuring machines in East Asia are estimated at US$ 78.5 million in 2024. The market in East Asia is projected to expand at 3.5% CAGR and reach a value of US$ 110.8 million by the end of 2034.
East Asian countries such as Japan, China, and South Korea are hubs of automotive manufacturing. With the significant growth and evolution of the automotive industry, an increase in the requirements for high-precision gears deployed in engines, transmissions, and other critical components is experienced. Gear measuring machines contribute significantly to ensuring the precision and quality of gears, therefore gaining traction among end users.
Growing trend toward automation in manufacturing procedures, including gear production, is predicted to necessitate more efficient and accurate measurement tools. Gear measuring machines are equipped with advanced technologies, including automated measurement processes and CNC capabilities, to match the requirements set for automated manufacturing in the region.
Increased focus on enhancing reliability and product quality, industries in the region prioritize measures set for quality control. Gear measuring machines enable the inspection of gears and precise measurements, thus ensuring meeting the set regulations.
| Report Attributes | Details |
|---|---|
| Gear Measuring Machine Sales in East Asia (2024E) | US$ 78.5 Million |
| Projected Sales (2034F) | US$ 110.8 Million |
| Demand Growth (2024 to 2034) | 3.5% CAGR |
| Sales in South Korea (2024E) | US$ 9.5 Million |
| Demand Growth in China (2024 to 2034) | 3.5% CAGR |
| Demand Growth in Japan (2024 to 2034) | 2.9% CAGR |
| Market Share of Below 50Kg Gear Measuring Machines (2024E) | >25% |
| Key Companies Profiled |
|
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Why is Adoption of Gear Measuring Machines Increasing Steadily in East Asia?
“Significant Expansion of Automotive Industry Fueling Demand for High-precision Gears”
Significant growth of the automotive industry in East Asian countries is set to generate high requirements for high-precision gears. Presence of a dense network of automotive original equipment manufacturers (OEMs) and suppliers is expected to contribute to higher revenue streams. Gear measuring machines have a pivotal role in sophisticated systems, including drivetrains and engines. They need to match the set precise specifications and stringent quality standards to ensure the efficiency, optimal performance, and durability of vehicles.
Shifting trends to hybrid and electric vehicles are projected to generate demand for more effective gear. Automotive manufacturers are seeking efficient and innovative improvements in components used in vehicles. The adoption of gear measuring machines with cutting-edge technology, including high-resolution sensors, automated measurement processes, and advanced software algorithms, assists manufacturers in enhancing product performance and optimizing gear production.
Increasing emphasis on efficiency and sustainability in the automotive industry is predicted to lead to the production of environment-friendly and fuel-efficient vehicles. This is further leading to the increased demand for more efficient gears to maximize efficiency and minimize energy losses.
Country-wise Insights
Why are Suppliers of Gear Measuring Machining Targeting China?
“High Emphasis on Precise Engineering and Quality Control in End-use Industries”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 47.1 Million |
| Growth Rate (2024 to 2034) | 3.5% CAGR |
| Projected Value (2034F) | US$ 66.5 Million |
The manufacturing sector in China, including industries such as electronics, machinery, and aerospace, has been expanding significantly. Therefore, an increase in the demand for gear measuring machines is experienced in ensuring the quality and accuracy of gears, which are used in several manufacturing processes.
Increased emphasis on precision engineering and quality control is predicted to result in rising investments in machinery and technologies, which assist in maintaining and monitoring product quality. Gear measuring machines play a pivotal role in this aspect.
Why is Demand for Gear Measuring Machines Steady in Japan?
“Technological Advancements in Manufacturing Technologies”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 21.9 Million |
| Growth Rate (2024 to 2034) | 2.9% CAGR |
| Projected Value (2034F) | US$ 29.2 Million |
Government and private organizations in Japan are investing constantly in innovative technology and machinery for advanced manufacturing practices. Advancements in gear measuring machine technology, including improved measurement efficiency and accuracy, are forecasted to increase their appeal to industries looking for higher precision.
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Category-wise Insights
Which Type of Gear Measuring Machine is Widely Used in East Asia?
“High Use of above 1,200 mm Diameter Gear Measuring Machines”
| Attribute | Above 1,200 mm |
|---|---|
| Segment Value (2024E) | US$ 28.8 Million |
| Growth Rate (2024 to 2034) | 3.3% CAGR |
| Projected Value (2034F) | US$ 39.9 Million |
Several industries, including marine, heavy machinery, wind energy, and power generation, widely use gears with large diameters exceeding 1,200mm. A noteworthy expansion of these sectors is predicted to result in the rising adoption of gear measuring machines, which are capable of accurately measuring these gears.
Which End-use Application is Generating High Revenue Streams in East Asia?
“Requirements for Increased Reliability and Accuracy in Aviation Industry Generating Need for Efficient Measurement Tools”
| Attribute | Aviation Industry |
|---|---|
| Segment Value (2024E) | US$ 5.9 Million |
| Growth Rate (2024 to 2034) | 3.9% CAGR |
| Projected Value (2034F) | US$ 8.65 Million |
As per the detailed study published by Fact.MR, a market research and competitive intelligence provider, aviation components, particularly related to critical mechanisms and engines, need extremely high accuracy and precision. Gear measuring machines are pivotal to ensuring the precise measurements of gears utilized in aircraft engines and other similar parts. With growing emphasis on reliability and quality, the requirements for precise measurement tools, including gear measuring machines are increasing.
Competition Landscape
Key providers of gear measuring machines in East Asia are increasing their expenditure capacity for efficient management of supply chain systems, new product development, quality control, etc.
Prominent players operating in the market in East Asia are Gleason Corporation, Mahr Group, Zeiss Group, Qsaka Seimitsu Kikai Co., Ltd., Mitutotyo Corporation, Klingelnberg Group, and Tokyo Technical Instruments.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of Gear Measuring Machine Study in East Asia
-
By Max Working Diameter :
- <300 mm
- 300 to 600 mm
- 601 to 900 mm
- 901 to 1,200 mm
- Above 1,200 mm
-
By Permissible Test Gear Weight :
- Below 50 Kg
- 50 to 100 Kg
- 101 to 250 Kg
- 251 to 500 Kg
- 501 to 750 Kg
- 751 to 1,000 Kg
- Above 1,000 Kg
-
By Application :
- Gear Manufacturing
- Automotive Manufacturing
- Construction & Mining Equipment Manufacturing
- Aviation Industry
- Agriculture & Forestry Equipment Manufacturing
- Industrial Equipment Manufacturing
-
By Country :
- China
- Japan
- South Korea
Table of Content
1. East Asia Industry - Executive Summary 1.1. East Asia Industry Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. East Asia Industry Overview 2.1. Industry Coverage / Taxonomy 2.2. Industry Introduction and Definition 3. Industry Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.2.1. Change in Demand 3.1.2.2. Before and After COVID-19 Crisis (Projected) 3.1.2.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.2.4. Change in Demand Post-Recovery Period (After Each Crisis) 3.1.3. Impact on Industry and Value (US$ Mn) 3.1.3.1. Likely Loss of Value in 2023 3.1.3.2. Mid-term and Long-term Forecasts 3.1.3.3. Quarter by Quarter Demand and Recovery Assessment 3.1.4. Anticipated Demand and Value Recovery Curve 3.1.4.1. Likelihood of U-Shape Recovery 3.1.4.2. Likelihood of L-Shape Recovery 3.1.5. Recovery Period Assessment by Key Countries 3.1.6. Recovery Assessment by Key Industry Segments 3.1.7. Action Points and Recommendations for Suppliers 3.1.8. Impact on Trade Balance 3.2. Key Trends Impacting the Industry 3.3. Formulation and Source Development Trends 4. Industry Background and Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. – Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of Gear Measuring Machine 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Industry Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. East Asia Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034 5.1. Historical Industry Value (US$ Mn) Analysis, 2018 to 2023 5.2. Current and Future Industry Value (US$ Mn) Projections, 2024 to 2034 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Max. Working Diameter 6.1. Introduction / Key Findings 6.2. Historical Industry Value (US$ Mn) Analysis By Max. Working Diameter, 2018 to 2023 6.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Max. Working Diameter, 2024 to 2034 6.3.1. <300 mm 6.3.2. 300 to 600 mm 6.3.3. 601 to 900 mm 6.3.4. 901 to 1,200 mm 6.3.5. Above 1,200 mm 6.4. Industry Attractiveness Analysis By Max. Working Diameter 7. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Permissible Test Gear Weight 7.1. Introduction / Key Findings 7.2. Historical Industry Value (US$ Mn) Analysis By Permissible Test Gear Weight, 2018 to 2023 7.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Permissible Test Gear Weight, 2024 to 2034 7.3.1. Below 50 Kg 7.3.2. 50 to 100 Kg 7.3.3. 101 to 250 Kg 7.3.4. 251 to 500 Kg 7.3.5. 501 to 750 Kg 7.3.6. 751 to 1,000 Kg 7.3.7. Above 1,000 Kg 7.4. Industry Attractiveness Analysis By Permissible Test Gear Weight 8. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application 8.1. Introduction / Key Findings 8.2. Historical Industry Value (US$ Mn) Analysis By Application, 2018 to 2023 8.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Application, 2024 to 2034 8.3.1. Gear Manufacturing 8.3.2. Automotive Manufacturing 8.3.3. Construction & Mining Equipment Manufacturing 8.3.4. Aviation Industry 8.3.5. Agriculture & Forestry Equipment Manufacturing 8.3.6. Industrial Equipment Manufacturing 8.3.7. Others 8.4. Industry Attractiveness Analysis By Application 9. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country 9.1. Introduction / Key Findings 9.2. Historical Industry Value (US$ Mn) Analysis By Country, 2018 to 2023 9.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Country, 2024 to 2034 9.3.1. China 9.3.2. Japan 9.3.3. South Korea 9.4. Industry Attractiveness Analysis By Country 10. China Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Industry Value (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 10.3. Industry Value (US$ Mn) Forecast By Industry Taxonomy, 2024 to 2034 10.3.1. By Max. Working Diameter 10.3.2. By Permissible Test Gear Weight 10.3.3. By Application 10.4. Industry Attractiveness Analysis 10.4.1. By Max. Working Diameter 10.4.2. By Permissible Test Gear Weight 10.4.3. By Application 11. Japan Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 11.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 11.3.1. By Max. Working Diameter 11.3.2. By Permissible Test Gear Weight 11.3.3. By Application 11.4. Industry Attractiveness Analysis 11.4.1. By Max. Working Diameter 11.4.2. By Permissible Test Gear Weight 11.4.3. By Application 12. South Korea Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction / Key Findings 12.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 12.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 12.3.1. By Max. Working Diameter 12.3.2. By Permissible Test Gear Weight 12.3.3. By Application 12.4. Industry Attractiveness Analysis 12.4.1. By Max. Working Diameter 12.4.2. By Permissible Test Gear Weight 12.4.3. By Application 13. Industry Structure Analysis 13.1. Industry Analysis by Tier of Companies 13.2. Industry Concentration 13.3. Industry Share Analysis of Top Players 13.4. Industry Presence Analysis 14. Competition Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Competition Deep Dive 14.4. Gleason Corporation 14.4.1. Company Overview 14.4.2. Source overview 14.4.3. SWOT Analysis 14.4.4. Key Developments 14.5. Mahr Group 14.6. Zeiss Group 14.7. Qsaka Seimitsu Kikai Co., Ltd. 14.8. Mitutotyo Corporation 14.9. Klingelnberg Group 14.10. Tokyo Technical Instruments 15. Assumptions and Acronyms Used 16. Research Methodology
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List Of Table
Table 1: East Asia Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2018 to 2023
Table 2: East Asia Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2024 to 2034
Table 3: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Max. Working Diameter, 2024 to 2034
Table 4: East Asia Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2018 to 2023
Table 5: East Asia Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 6: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 7: East Asia Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 8: East Asia Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 9: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 10: East Asia Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 11: East Asia Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: China Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2018 to 2023
Table 14: China Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2024 to 2034
Table 15: China Industry Value (US$ Mn) Opportunity Analysis, by Max. Working Diameter, 2024 to 2034
Table 16: China Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2018 to 2023
Table 17: China Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 18: China Industry Value (US$ Mn) Opportunity Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 19: China Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 20: China Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: China Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: Japan Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2018 to 2023
Table 23: Japan Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2024 to 2034
Table 24: Japan Industry Value (US$ Mn) Opportunity Analysis, by Max. Working Diameter, 2024 to 2034
Table 25: Japan Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2018 to 2023
Table 26: Japan Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 27: Japan Industry Value (US$ Mn) Opportunity Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 28: Japan Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 29: Japan Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 30: Japan Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 31: South Korea Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2018 to 2023
Table 32: South Korea Industry Value (US$ Mn) Analysis, by Max. Working Diameter, 2024 to 2034
Table 33: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Max. Working Diameter, 2024 to 2034
Table 34: South Korea Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2018 to 2023
Table 35: South Korea Industry Value (US$ Mn) Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 36: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Permissible Test Gear Weight, 2024 to 2034
Table 37: South Korea Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 38: South Korea Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 39: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 1: East Asia Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 2: East Asia Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 3: East Asia Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 4: East Asia Industry Incremental $ Opportunity, 2024 to 2034
Figure 5: East Asia Industry Share and BPS Analysis by Max. Working Diameter, 2024 & 2034
Figure 6: East Asia Industry Y-o-Y Growth Projections by Max. Working Diameter, 2024 to 2034
Figure 7: East Asia Industry Attractiveness Analysis by Max. Working Diameter, 2024 to 2034
Figure 8: East Asia Industry Share and BPS Analysis by Permissible Test Gear Weight, 2024 & 2034
Figure 9: East Asia Industry Y-o-Y Growth Projections by Permissible Test Gear Weight, 2024 to 2034
Figure 10: East Asia Industry Attractiveness Analysis by Permissible Test Gear Weight, 2024 to 2034
Figure 11: East Asia Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 12: East Asia Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 13: East Asia Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 14: East Asia Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 15: East Asia Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 16: East Asia Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 17: China Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: China Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: China Industry Value Y-o-Y Growth and Forecast, 2034
Figure 20: China Industry Incremental $ Opportunity, 2024 to 2034
Figure 21: China Industry Share and BPS Analysis by Max. Working Diameter, 2024 & 2034
Figure 22: China Industry Y-o-Y Growth Projections by Max. Working Diameter, 2024 to 2034
Figure 23: China Industry Attractiveness Analysis by Max. Working Diameter, 2024 to 2034
Figure 24: China Industry Share and BPS Analysis by Permissible Test Gear Weight, 2024 & 2034
Figure 25: China Industry Y-o-Y Growth Projections by Permissible Test Gear Weight, 2024 to 2034
Figure 26: China Industry Attractiveness Analysis by Permissible Test Gear Weight, 2024 to 2034
Figure 27: China Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 28: China Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 29: China Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 30: Japan Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 31: Japan Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 32: Japan Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 33: Japan Industry Incremental $ Opportunity, 2024 to 2034
Figure 34: Japan Industry Share and BPS Analysis by Max. Working Diameter, 2024 & 2034
Figure 35: Japan Industry Y-o-Y Growth Projections by Max. Working Diameter, 2024 to 2034
Figure 36: Japan Industry Attractiveness Analysis by Max. Working Diameter, 2024 to 2034
Figure 37: Japan Industry Share and BPS Analysis by Permissible Test Gear Weight, 2024 & 2034
Figure 38: Japan Industry Y-o-Y Growth Projections by Permissible Test Gear Weight, 2024 to 2034
Figure 39: Japan Industry Attractiveness Analysis by Permissible Test Gear Weight, 2024 to 2034
Figure 40: Japan Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 41: Japan Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 42: Japan Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 43: South Korea Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 44: South Korea Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 45: South Korea Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 46: South Korea Industry Share and BPS Analysis by Max. Working Diameter, 2024 & 2034
Figure 47: South Korea Industry Y-o-Y Growth Projections by Max. Working Diameter, 2024 to 2034
Figure 48: South Korea Industry Attractiveness Analysis by Max. Working Diameter, 2024 to 2034
Figure 49: South Korea Industry Share and BPS Analysis by Permissible Test Gear Weight, 2024 & 2034
Figure 50: South Korea Industry Y-o-Y Growth Projections by Permissible Test Gear Weight, 2024 to 2034
Figure 51: South Korea Industry Attractiveness Analysis by Permissible Test Gear Weight, 2024 to 2034
Figure 52: South Korea Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 53: South Korea Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 54: South Korea Industry Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the demand value for gear measuring machines in East Asia?
Sales of gear measuring machines in East Asia are pegged at US$ 78.5 million in 2024.
What is the projected value of the market for 2034?
The market in East Asia is projected to reach US$ 110.8 million by the end of 2034.
At what CAGR are the sales of gear measuring machines predicted to expand in East Asia?
The East Asia market is forecasted to expand at a CAGR of 3.5% from 2024 to 2034.
What is the market share of gear measuring machines below 50kg permissible weight?
Gear measuring machines below 50kg permissible weight are forecasted to account for more than 25% market share in 2024.
What is the forecasted size of the market in South Korea for 2024?
Sales of gear measuring machines in South Korea are estimated at US$ 9.5 million in 2024.
At what rate is the demand for gear measuring machines projected to increase in China?
The market in China is forecasted to advance at 3.5% CAGR from 2024 to 2034.
What is the predicted CAGR of the market in Japan?
Demand for gear measuring machines in Japan is predicted to rise at a CAGR of 2.9% from 2024 to 2034.
Gear Measuring Machine Industry Analysis in East Asia