Uploaded on Nov 17, 2020
The major players in the global mechanical power transmission equipment market are ABB, Altra, Timken, SKF, Gardner Denver
Mechanical Power Transmission Equipment Global Market Report 2020-30 Covid 19 Impact And Recovery
Mechanical Power Transmission Equipment
Global Market Report 2020-30: Covid 19 Impact
And Recovery
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reserved.
Mechanical Power Transmission
Equipment Market Characteristics:
• The global mechanical power transmission equipment market is expected to decline from $57.3
billion in 2019 to $54.2 billion in 2020 at a compound annual growth rate (CAGR) of -5.4%. The decline
is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021
and reach $66.5 billion in 2023.
• The Business Research Company’s latest report Mechanical Power Transmission Equipment Global
Market Report 2020 covers Mechanical Power Transmission Equipment market drivers, Mechanical
Power Transmission Equipment market trends, Mechanical Power Transmission Equipment market
segments, Mechanical Power Transmission Equipment market growth rate, Mechanical Power
Transmission Equipment market major players, and Mechanical Power Transmission Equipment
market size. The report provides in-depth analysis of the impact of COVID-19 on the Mechanical
Power Transmission Equipment industry, along with revised market numbers due to the effects of the
coronavirus.
• The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North
America, South America, Middle East, and Africa.
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Major Key Players:
ABB,
Altra,
Timken,
SKF,
Gardner Denver
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Table Of Content
1. Executive Summary
2. Report Structure
3. Mechanical Power Transmission Equipment Market Characteristics
4. Mechanical Power Transmission Equipment Market Product Analysis
5. Mechanical Power Transmission Equipment Market Supply Chain
…..
20. Key Mergers And Acquisitions In The Mechanical Power Transmission Equipment Market
21. Market Background: Engine, Turbine, And Power Transmission Equipment Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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