North America Industrial Gearbox Market Forecast (2016-2024)
Synopsis
The above chart is Global Industrial Gearbox Market market [2016-2024] by North America
Market Dynamics
United states accounted for the largest market share in 2017 in the north america industrial gearbox market market, and is expected to reach usd 3981.40 million in 2024 from usd 2973.00 million in 2017. however, canada is the fastest growing market, which is expected to grow at a cagr of 4.82% during the forecast period 2018 - 2024. helical segment accounted for the largest market share in 2017, this market is expected to reach usd 1858.50 million in 2024 from usd 1463.80 million in 2017. this market is projected to grow at a cagr of 3.58% during the forecast period from 2018 - 2024. however, planetary segment is the fastest growing market, which is expected to grow at a cagr of 5.64% during the forecast period 2018 - 2024. above 50000 nm segment accounted for the larger market share in 2017, this market is expected to reach usd 2899.80 million in 2024 from usd 2569.10 million in 2017. this market is projected to grow at a cagr of 1.67% during the forecast period from 2018 - 2024. however, up to 50000 nm segment is the fastest growing market, which is expected to grow at a cagr of 7.03% during the forecast period 2018 - 2024. industrial segment accounted for the largest market share in 2017, this market is expected to reach usd 1919.50 million in 2024 from usd 1402.80 million in 2017. this market is projected to grow at a cagr of 4.68% during the forecast period from 2018 - 2024. however, wind power segment is the fastest growing market, which is expected to grow at a cagr of 5.59% during the forecast period 2018 - 2024. parallel axis segment accounted for the largest market share in 2017, this market is expected to reach usd 3696.50 million in 2024 from usd 2650.90 million in 2017. this market is projected to grow at a cagr of 4.96% during the forecast period from 2018 - 2024. however, parallel axis segment is the fastest growing market, which is expected to grow at a cagr of 4.96% during the forecast period 2018 - 2024. large above 1 mw segment accounted for the larger market share in 2017, this market is expected to reach usd 3770.40 million in 2024 from usd 2706.30 million in 2017. this market is projected to grow at a cagr of 4.98% during the forecast period from 2018 - 2024. however, large above 1 mw segment is the fastest growing market, which is expected to grow at a cagr of 4.98% during the forecast period 2018 - 2024.
