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.

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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.

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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.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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