Product Code: ETC021960 | Publication Date: Aug 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Gears market currently, in 2023, has witnessed an HHI of 1256, Which has decreased slightly as compared to the HHI of 1259 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) gears market refers to the market for various types of gears used in industries such as automotive, aerospace, manufacturing, and oil and gas. Gears play a crucial role in transmitting power and facilitating mechanical movement in machines and equipment. The UAE gears market witnessed significant growth in recent years due to the country`s industrialization and infrastructure development.
The UAE rapid industrial growth has led to increased demand for gears in various sectors like manufacturing and construction, boosting the market. Additionally, the UAE government`s focus on infrastructure development, including transportation and energy projects, has created a demand for gears in construction equipment and machinery. Further, the automotive sector`s growth in the UAE has increased the demand for gears used in vehicles, especially as the country encourages local automotive manufacturing. Moreover, the UAE being a major player in the oil and gas industry requires gears for drilling, extraction, and refining operations, contributing to the market`s expansion.
The global economic downturn and fluctuations in oil prices can impact the UAE gears market due to its reliance on oil revenue and international trade. Further, continuous advancements in gear technology can lead to the replacement of traditional gears with more efficient and high-performance alternatives.
The COVID-19 pandemic had a significant impact on the UAE gears market, as it disrupted supply chains and caused a slowdown in various industries. Manufacturing plants faced temporary closures, affecting gear production and sales. The decline in global trade and travel also impacted the automotive and aerospace sectors, leading to reduced demand for gears in these industries. However, with the gradual control of the pandemic and economic recovery, the gears market is likely to bounce back as industrial activities resume.
GULF EUROPEAN INDUSTRY LLC, Bonfiglioli Riduttori S.p.A., SEW-EURODRIVE Company of Canada Ltd., David Brown Santasalo and Trelleborg Sealing Solutions.
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 United Arab Emirates (UAE) Gears Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Gears Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Gears Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Gears Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Gears Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Gears Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United Arab Emirates (UAE) Gears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure projects in the UAE leading to increased demand for gears. |
4.2.2 Expansion of the industrial sector in the UAE driving the need for gears in manufacturing processes. |
4.2.3 Increasing focus on renewable energy projects driving the demand for gears in the energy sector. |
4.2.4 Technological advancements in gear manufacturing processes leading to improved efficiency and performance. |
4.2.5 Government initiatives promoting local manufacturing and industrial growth. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of gear production. |
4.3.2 Intense competition from international gear manufacturers affecting market share. |
4.3.3 Economic uncertainties and fluctuations in oil prices affecting overall investment in industries. |
4.3.4 Regulatory challenges and compliance requirements impacting the manufacturing processes. |
4.3.5 Limited availability of skilled labor and expertise for gear manufacturing. |
5 United Arab Emirates (UAE) Gears Market Trends |
6 United Arab Emirates (UAE) Gears Market, By Types |
6.1 United Arab Emirates (UAE) Gears Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Spur Gear, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Helical Gear, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Bevel Gear, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Gear Rack, 2021-2031F |
6.1.8 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Gears Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Vehicles, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Industry, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Gears Market Revenues & Volume, By Special Equipment, 2021-2031F |
7 United Arab Emirates (UAE) Gears Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Gears Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Gears Market Imports from Major Countries |
8 United Arab Emirates (UAE) Gears Market Key Performance Indicators |
8.1 Utilization rate of gear manufacturing capacity in the UAE. |
8.2 Number of new product innovations and technological advancements in gear manufacturing. |
8.3 Percentage of gears produced using sustainable and eco-friendly practices. |
8.4 Rate of adoption of gears in emerging sectors like renewable energy. |
8.5 Investment in research and development for gear manufacturing processes. |
9 United Arab Emirates (UAE) Gears Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Gears Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Gears Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United Arab Emirates (UAE) Gears Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Gears Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Gears Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |