| Product Code: ETC6159930 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for the gear manufacturing market experienced a notable decline from 2023 to 2024, with a growth rate of -57.07%. The compound annual growth rate (CAGR) for 2020-2024 stood at -2.34%. This significant downturn can be attributed to various factors, such as shifts in demand dynamics or changes in trade policies impacting the market`s stability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Gear Manufacturing Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Gear Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Gear Manufacturing Market - Industry Life Cycle |
3.4 Armenia Gear Manufacturing Market - Porter's Five Forces |
3.5 Armenia Gear Manufacturing Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Armenia Gear Manufacturing Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Armenia Gear Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for gears in industries such as automotive, aerospace, and machinery. |
4.2.2 Technological advancements in gear manufacturing processes leading to improved efficiency and quality. |
4.2.3 Government initiatives to promote domestic manufacturing and industrial growth. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition from international gear manufacturers. |
4.3.3 Economic instability affecting investments in manufacturing infrastructure. |
5 Armenia Gear Manufacturing Market Trends |
6 Armenia Gear Manufacturing Market, By Types |
6.1 Armenia Gear Manufacturing Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Gear Manufacturing Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Armenia Gear Manufacturing Market Revenues & Volume, By Worm Gear, 2021- 2031F |
6.1.4 Armenia Gear Manufacturing Market Revenues & Volume, By Bevel Gear, 2021- 2031F |
6.1.5 Armenia Gear Manufacturing Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Armenia Gear Manufacturing Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Armenia Gear Manufacturing Market Revenues & Volume, By Oil and Gas industry, 2021- 2031F |
6.2.3 Armenia Gear Manufacturing Market Revenues & Volume, By Power Industry, 2021- 2031F |
6.2.4 Armenia Gear Manufacturing Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Armenia Gear Manufacturing Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Gear Manufacturing Market Import-Export Trade Statistics |
7.1 Armenia Gear Manufacturing Market Export to Major Countries |
7.2 Armenia Gear Manufacturing Market Imports from Major Countries |
8 Armenia Gear Manufacturing Market Key Performance Indicators |
8.1 Percentage of gear manufacturers adopting advanced manufacturing technologies. |
8.2 Rate of growth in export of gears manufactured in Armenia. |
8.3 Number of government initiatives supporting the gear manufacturing industry. |
8.4 Percentage of local demand for gears met by domestic manufacturers. |
8.5 Rate of adoption of sustainable practices in gear manufacturing processes. |
9 Armenia Gear Manufacturing Market - Opportunity Assessment |
9.1 Armenia Gear Manufacturing Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Armenia Gear Manufacturing Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Armenia Gear Manufacturing Market - Competitive Landscape |
10.1 Armenia Gear Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Armenia Gear Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |