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Industrial Planetary Gearbox Market Witnessing High Growth By Key Players | Outlook To 2033

Posted by Latest Market Trends on August 1, 2024 at 10:13am 0 Comments

The global industrial planetary gearbox market is poised for significant expansion, with an anticipated valuation of USD 6.5 billion by 2033, driven by a steady Compound Annual Growth Rate (CAGR) of 5.2% from 2023 to 2033.



A key driver behind this growth is the increasing demand for precision gearboxes, particularly within the cement industry. The cement sector's adoption of advanced material handling tools such as bucket elevators, belt conveyor systems, and wagon tipplers has… Continue

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