Allied Market Research

2024

Gear Honing Machine Market

Gear Honing Machine Market Size, Share, Competitive Landscape and Trend Analysis Report, by Machine Type, by Gear Type and, by Appliation : Global Opportunity Analysis and Industry Forecast, 2023-2032

CM : Engineering, Equipment and Machinery

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Author's: | Sonia Mutreja
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Honing is an abrasive machining process that produces a precision surface on a metal workpiece by scrubbing an abrasive grinding stone or grinding wheel against it along a controlled path. Honing is not only used to improve the geometric form of a surface but can also improve the surface  that facilitates ease of operation to improve the structure  of rough surfaces. Other than this, honing is mainly used to improve the geometric texture of a surface by scrubbing a rough stone against it. Stones are rotated with the abrasive hone under controlled pressure. It is further used for  correcting  dimensional errors caused by the heat treatment process. The process of gear honing is being applied  as a technique and procedure for surface finishing of gears after the process of heat treatment. Gear honing machines are of two types, vertical honing machine and horizontal honing machine. Horizontal honing machines are primarily used for small and medium size groups for precision, speed, and convenience, whereas vertical honing machine is a straight spindle drive mechanism mainly used for honing of small to large bore applications. Mostly they are used for designing of components for vehicle transmission that includes automatic, manual, or dual clutch styles to reduce friction by increased gear efficiency in addition to smoother function.

COVID-19 impact on industry -

COVID-19 pandemic has halted the production of various products in the gear  honing machine market  industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of  gear honing machine   market  significantly from last few months, as is likely to continue during 2020.

COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020, and is likely to cause a negative impact on the market growth throughout the year. 

The major demand for equipment and machinery was previously noticed from giant manufacturing countries, including the U.S., Germany, Italy, the UK, and China, which is negatively affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.

Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.

Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The  main  focus of gear honing machine market  is  to   maintain the  structure or surface smoothly .Some reason that affect their growth are  continuous demand due to its use in automotive and aerospace industry . The restraining factors are increase in use of plastic and fiber.

  • Growing adoption of gear honing machines in end-use industries 

Gear honing machines are widely used in the production of high-speed transmission. Additionally, gear honing is a universal technology that is being widely adopted and used in various end-use industries such as aerospace & defense, automotive, truck and heavy industries, cement and mining, railways, and construction that  is expected to increase  the demand for gear honing machines across the globe. Gear honing is a suitable method  where reliability, robustness, durability, and quiet gearing is required in process .  these gear honing machines are used to produce teeth to reduce the roughness of a surface, so as to ensure smooth transmission with wear characteristics. This in turn is projected to drive the global gear honing machine market over the next few years. Furthermore, demand for gear honing parts is anticipated to rise in the next few years in aerospace and automotive industry to manufacture machine tools. This is expected to fuel the market in the next few years. Constantly, demand for gear honing machines is growing due to the continuous growth in demand for cars, wind turbines, as well as ships and heavy equipment or machinery, which is expected to accelerate the gear honing machines market worldwide over the forecast period.

  • Increase in use of plastic and fiber hamper the market growth

One of the restraining factor that is restricting the growth of market is  increase in usage of plastic and fiber-made products due to their low cost is expected to hamper the gear honing machines market in the next few years as low cost would be preferred for cutting their cost of investment .  High cost of equipment and devices is another key factor that is  hampering the gear honing machines market.

Key benefits of the report:

  • This study presents the analytical depiction of the gear honing machine  market along with the current trends and future estimations to determine the future of the market 
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the gear honing  market share.
  • The current market is quantitatively analyzed to  gear honing machine market  growth scenario.

Gear Honing Machine Market Report Highlights

Aspects Details
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By Machine Type
  • Horizontal Honing Machine
  • Vertical Honing Machine
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By Gear Type
  • Spur Gears
  • Helical Gears
  • Gear Rack
  • Miter Gear
  • Worm Gear
  • Bevel Gear
  • Internal Gear
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By Appliation
  • Vehicles
  • Industry
  • Special Equipment
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By Region
  • North America  (U.S., Canada)
  • Europe  (Germany, UK, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Baoji Zhongcheng Import & Export Co., Ltd., KANZAKI KOKYUKOKI MFG. CO., LTD., RACL Geartech Limited, Gleason Corporation, Sunnen Products Company, Gehring Technologies GmbH, DVS TECHNOLOGY GROUP

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Gear Honing Machine Market

Global Opportunity Analysis and Industry Forecast, 2023-2032