Gear Reducer Market Size, Share, Emerging Trends,
Analysis and Forecasts to 2026
Gear Reducer Market research provides industry analysis by type,
manufacturer, application along with key factors influencing the
growth of the market which include growth drivers, restraints,
opportunities and challenges, strategically profile key players and
comprehensively
analyze
their
market
share
and
core
competencies.
Gear reducer is a mechanism by which output energy of high-speed motor or engine is
transmitted to another mechanical component by lowering the rotational speed at higher torque.
It also delivers mechanical safety by reducing speed of the rotating equipment. The number of
gears used in the reduction gear assembly depends on the output speed and requirement of
applications.
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Increasing installation of wind turbines worldwide is driving growth of the market
Increasing installation of wind turbines worldwide is one of the major factors driving growth of
the gear reducer market. Gear reducer is used in wind turbines for controlling the speed of motor
with which power is transmitted. The primary purpose of gear reducer is to multiply the amount
of torque generated by an input resource, in order to achieve the desired output from the wind
turbine. For instance, according to the Global Wind Energy Council (GWEC), in 2016, the total
installed capacities of wind turbine was 485 GW and is expected to surpass 800 GW by 2021.
According to Coherent Market Insights’ analysis, the total installed capacities would increase to
over double the installed capacities in 2016, by 2025.