Europe Industrial Gearbox Market Europe by Type Forecast (2016-2024)

Year HELICAL PLANETARY BEVEL SPUR WORM OTHERS
2016 $ 1648.2 $ 1140.3 $ 926.8 $ 647.3 $ 755.1 $ 542.3
2017 $ 1708.5 $ 1183.6 $ 954.5 $ 666.3 $ 776.2 $ 555.9
2018 $ 1771.6 $ 1229.2 $ 983.5 $ 686.2 $ 798.3 $ 570.0
2019 $ 1840.9 $ 1279.2 $ 1015.5 $ 708.2 $ 822.7 $ 585.7
2020 $ 1916.4 $ 1333.8 $ 1050.6 $ 732.2 $ 849.6 $ 603.1
2021 $ 1996.7 $ 1392.0 $ 1087.8 $ 757.8 $ 878.1 $ 621.5
2022 $ 2089.3 $ 1459.2 $ 1131.4 $ 787.7 $ 911.5 $ 643.3
2023 $ 2186.4 $ 1529.8 $ 1176.8 $ 818.9 $ 946.4 $ 665.9
2024 $ 2288.3 $ 1604.1 $ 1224.3 $ 851.5 $ 982.8 $ 689.5
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Europe Industrial Gearbox Market Europe by Type Forecast (2016-2024)

Synopsis
The above chart is Global Industrial Gearbox Market market [2016-2024] Europe by Type

Market Dynamics

Helical segment accounted for the largest market share in 2017, this market is expected to reach usd 2288.30 million in 2024 from usd 1708.50 million in 2017. this market is projected to grow at a cagr of 4.36% during the forecast period from 2018 - 2024. however, planetary segment is the fastest growing market, which is expected to grow at a cagr of 4.54% during the forecast period 2018 - 2024.

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