Product Code: ETC265230 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Industrial Gearbox Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.37% in 2025, the market peaks at 16.39% in 2027, and settles at 14.60% by 2029.
Vietnam's Industrial Gearbox market is anticipated to experience a exponential growth rate of 16.39% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The industrial gearbox market in Vietnam offers gearboxes and transmission systems used in industrial machinery and equipment. Industrial gearboxes are essential components for power transmission and control in various industries, including manufacturing and automation. This market supports industrial processes and machinery applications in Vietnam by providing high-quality industrial gearbox solutions.
The growth of the Vietnam industrial gearbox market is driven by machinery manufacturing, the demand for power transmission solutions, and the use of gearboxes in industrial machinery. Industrial gearboxes are essential for speed reduction and torque amplification in machinery applications. The market benefits from the manufacturing sector, automation in production lines, and the need for compact and efficient gearboxes. Manufacturers offer industrial gearboxes with a wide range of configurations and gear ratios, contributing to the market`s growth.
The Vietnam industrial gearbox market faces challenges related to efficiency, torque capacity, and industrial applications. Industrial gearboxes play a crucial role in power transmission, and efficiency is a key consideration. Additionally, industrial applications demand gearboxes with high torque capacity and durability. Manufacturers must provide efficient, high-torque industrial gearboxes that cater to diverse industrial applications effectively.
The Vietnam industrial gearbox market felt the effects of the COVID-19 pandemic. With manufacturing slowdowns and disruptions in industrial production, the demand for industrial gearboxes decreased. Supply chain interruptions also affected production. However, as industries adapted to new operational norms and infrastructure investments resumed, the market began to recover.
Key players in the Vietnam industrial gearbox market encompass manufacturers and suppliers of industrial gearboxes used in machinery and equipment across different industries. Domestic manufacturers like Hai Phong Mechanical and Electrical Equipment Co., Ltd. (HAPEC) produce industrial gearboxes for applications in Vietnam manufacturing sector. Additionally, international gearbox manufacturers such as Siemens and SEW-EURODRIVE offer industrial gearbox solutions in the Vietnamese market, supporting various industrial processes.
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 Vietnam Industrial Gearbox Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Industrial Gearbox Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Industrial Gearbox Market - Industry Life Cycle |
3.4 Vietnam Industrial Gearbox Market - Porter's Five Forces |
3.5 Vietnam Industrial Gearbox Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Industrial Gearbox Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 Vietnam Industrial Gearbox Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Vietnam Industrial Gearbox Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Industrial Gearbox Market Trends |
6 Vietnam Industrial Gearbox Market, By Types |
6.1 Vietnam Industrial Gearbox Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Industrial Gearbox Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Industrial Gearbox Market Revenues & Volume, By Helical Industrial Gearbox, 2021-2031F |
6.1.4 Vietnam Industrial Gearbox Market Revenues & Volume, By Planetary Industrial Gearbox, 2021-2031F |
6.1.5 Vietnam Industrial Gearbox Market Revenues & Volume, By Bevel Industrial Gearbox, 2021-2031F |
6.1.6 Vietnam Industrial Gearbox Market Revenues & Volume, By Worm Industrial Gearbox, 2021-2031F |
6.1.7 Vietnam Industrial Gearbox Market Revenues & Volume, By Screw Industrial Gearbox, 2021-2031F |
6.1.8 Vietnam Industrial Gearbox Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Industrial Gearbox Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Industrial Gearbox Market Revenues & Volume, By Parallel Axis, 2021-2031F |
6.2.3 Vietnam Industrial Gearbox Market Revenues & Volume, By Angled Axis, 2021-2031F |
6.2.4 Vietnam Industrial Gearbox Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Industrial Gearbox Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Industrial Gearbox Market Revenues & Volume, By Material Handling, 2021-2031F |
6.3.3 Vietnam Industrial Gearbox Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Vietnam Industrial Gearbox Market Revenues & Volume, By Construction, 2021-2031F |
6.3.5 Vietnam Industrial Gearbox Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.6 Vietnam Industrial Gearbox Market Revenues & Volume, By Mining, 2021-2031F |
6.3.7 Vietnam Industrial Gearbox Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.8 Vietnam Industrial Gearbox Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.9 Vietnam Industrial Gearbox Market Revenues & Volume, By Agriculture, 2021-2031F |
7 Vietnam Industrial Gearbox Market Import-Export Trade Statistics |
7.1 Vietnam Industrial Gearbox Market Export to Major Countries |
7.2 Vietnam Industrial Gearbox Market Imports from Major Countries |
8 Vietnam Industrial Gearbox Market Key Performance Indicators |
9 Vietnam Industrial Gearbox Market - Opportunity Assessment |
9.1 Vietnam Industrial Gearbox Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Industrial Gearbox Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 Vietnam Industrial Gearbox Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Vietnam Industrial Gearbox Market - Competitive Landscape |
10.1 Vietnam Industrial Gearbox Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Industrial Gearbox Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |