The global industrial planetary gearbox market is poised for significant expansion, with an anticipated valuation of US$ 6.5 billion by 2033, driven by a steady Compound Annual Growth Rate (CAGR) of 5.2% from 2023 to 2033.
A key driver behind this growth is the increasing demand for precision gearboxes, particularly within the cement industry. The cement sector's adoption of advanced material handling tools such as bucket elevators, belt conveyor systems, and wagon tipplers has… Continue