中東およびアフリカの産業用ギアボックス市場 – 2030年までの世界予測

Middle East & Africa Industrial Gearbox Market - Forecast To 2030

中東およびアフリカの産業用ギアボックス市場 - タイプ(遊星、ヘリカル、ベベル、スパー、ウォーム)、設計(平行、角度付き)、エンドユーザー(風力、セメント・骨材、化学、ゴム・プラスチック、建設)、地域別 - 2030年までの世界予測
Middle East & Africa Industrial Gearbox Market by Type (Planetary, Helical, Bevel, Spur, Worm), Design (Parallel, Angled), End User (Wind Power, Cement & Aggregates, Chemical, Rubber & Plastics, Construction), Region - Global Forecast to 2030

商品番号 : SMB-81849

出版社MarketsandMarkets
出版年月2025年6月
ページ数203
図表数182
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、中東およびアフリカの産業用ギアボックス市場を設計、タイプ、エンドユーザー別に定義、説明、予測しています。また、市場の詳細な定性・定量分析も提供しています。主要な市場推進要因、制約要因、機会、課題を包括的に分析し、市場の様々な重要な側面を網羅しています。主要業界プレーヤーの詳細な分析により、各社の事業概要、ソリューションとサービス、主要戦略、契約、パートナーシップ、合意に関する洞察を提供しています。中東およびアフリカの産業用ギアボックス市場に関連する新製品の発売、合併・買収、最近の動向についても解説しています。さらに、中東およびアフリカの産業用ギアボックス市場エコシステムにおける新興企業の競合分析も網羅しています。

The Middle East & Africa industrial gearbox market is likely to expand dramatically during the forecast period and grow from an estimated value of USD 2.23 billion in 2025 to USD 2.68 billion by 2030, with a compound annual growth rate of 3.8%.

中東およびアフリカの産業用ギアボックス市場は、予測期間中に劇的に拡大し、2025年の推定値22億3,000万米ドルから2030年には26億8,000万米ドルに成長し、年間複合成長率は3.8%になると予想されます。

中東およびアフリカの産業用ギアボックス市場 - 2030年までの世界予測
middle-east-africa-industrial-gearbox-market

Middle East & Africa industrial gearbox market growth is fueled by increased demand for efficient, reliable mechanical power transmission systems in the face of rising industrialization, urbanization, and infrastructure development within the region. Industrial gearboxes are essential in ensuring the optimal performance of heavy equipment by transmitting speed and torque while minimizing mechanical losses, and they are therefore vital in industries like oil & gas, mining, power generation, cement, steel, water treatment, and food processing. As governments and businesses in the MEA are investing large sums in energy diversification, manufacturing expansion, and mega-infrastructure projects, there is an accompanying drive for robust, high-precision gearbox solutions that can operate in adverse conditions. The transition to renewables, such as wind and solar power, adds further to the demand for niche gearboxes in clean energy production. The convergence of smart technologies like IoT-based predictive maintenance platforms, condition-monitoring equipment, and energy-saving gearbox designs improves operating uptime and decreases downtime costs. With MEA economies increasingly emphasizing automation, sustainability, and regional manufacturing, the use of next-generation industrial gearboxes will continue to grow across both established and new industrial uses, cementing their position as drivers of future industrial infrastructure in the region.

“Helical segment, by type, is expected to be the fastest-growing segment during the forecast period.”

The helical segment, on the basis of type, is anticipated to grow at the highest rate in the Middle East & Africa industrial gearbox market between 2025 and 2030 because it is versatile, efficient, and can support high loads with less noise and vibration. Helical gearboxes are extensively used in a range of industries such as manufacturing, mining, cement, power generation, and water treatment due to their smooth tooth engagement and high transmission efficiency of torque, which renders them suitable for continuous and heavy-duty applications. With industrial sectors in the MEA region becoming more modernized and requiring more efficient and energy-saving mechanical systems, the high performance, longer lifespan, and low maintenance needs of helical gearboxes make them the first choice. Moreover, the increasing use of automated and precision-based machinery in smart manufacturing facilities and infrastructure development projects further fuels the demand for helical gear solutions, supporting their strong growth pattern in the next few years.

“Energy segment, by end user, is expected to exhibit the highest CAGR during the forecast period.”

The energy sector, by end-user, is projected to be the highest-growing market in the Middle East & Africa industrial gearbox market between 2025 and 2030 due to the region’s high investments in power generation, oil & gas, and renewable projects. These nations, including Saudi Arabia, the UAE, Egypt, and South Africa, are increasing their energy infrastructure at a fast pace to accommodate growing electricity needs and energy diversification, such as solar, wind, and thermal power. Industrial gearboxes play a key role in energy applications, including wind turbine systems, drilling rigs, conveyors, pumps, and turbines, which provide assured torque transmission and operational efficiency. The transition to grid stability, energy security, and clean energy target goals, enabled by national policies such as Saudi Vision 2030 and the UAE Energy Strategy 2050, is further boosting the demand for high-performance, long-lasting gearboxes. The incorporation of sophisticated automation and intelligent maintenance technologies in power plants also increases the attractiveness of industrial gearboxes in providing uninterrupted, efficient operations—propelling robust growth in the energy segment.

“Saudi Arabia, by Country, is expected to exhibit the highest CAGR during the forecast period.”

Saudi Arabia is becoming the region’s fastest-growing market for Middle East & Africa industrial gearboxes because of a boom in industrialization and infrastructure development. The nation is going through a significant change from the economy being dependent on oil to technology and manufacturing. This change is promoting the demand for stable power transmission equipment in broad sectors of the industry—ranging from cement manufacturing, desalination, and energy production to transportation. Furthermore, the government initiative to domesticate manufacturing and invest in giga-projects has fueled long-term demand for industrial gearboxes for construction equipment, conveyor systems, and renewable energy installations. The rate of economic reforms, coupled with a robust pipeline of industrial projects, is driving Saudi Arabia’s gearbox market growth at a pace not seen in the region.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the Middle East & Africa industrial gearbox market.

By Company Type: Tier 1- 30%, Tier 2- 55%, and Tier 3- 15%

By Designation: C-Level- 30%, Directors- 20%, and Others- 50%

Note: “Others” include sales managers, engineers, and regional managers

The tiers of the companies are defined based on their total revenue as of 2024: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million

The Middle East & Africa industrial gearbox market is dominated by a few major players that have an extensive regional presence. The leading players in the Middle East & Africa industrial gearbox market are Siemens (Germany), Flender (Germany), Bonfiglioli S.p.A. (Italy), ABB (Switzerland), WEG (Brazil), and Emerson Electric Co. (US).

Research Coverage:

The report defines, describes, and forecasts the Middle East & Africa industrial gearbox market by design, type, and end user. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions and services, key strategies, contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent developments associated with the Middle East & Africa industrial gearbox market. Competitive analysis of upcoming startups in the Middle East & Africa industrial gearbox market ecosystem is covered in this report.

Reasons to buy this report:

Reasons to buy this report The report will help the market leaders/new entrants in the Middle East & Africa industrial gearbox market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increasing adoption of industrial automation, growth in renewable energy installations, Expansion of oil & gas and mining sectors), restraints (High initial costs, Competition from alternative technologies), opportunities (Growth in smart grid and power transmission projects, Adoption of IoT-enabled and AI-based predictive maintenance technologies), and challenges (Growth in smart grid and power transmission projects, Adoption of IoT-enabled and AI-based predictive maintenance technologies) influencing the growth.
  • Product Development/ Innovation: The Middle East & Africa industrial gearbox market is experiencing relentless product innovation based on the need for greater efficiency, endurance, and smarts. Brands are investing in cutting-edge materials, noise-reduction systems, and artificial intelligence-enabled gearbox systems to maximize performance and lifespan. Condition monitoring systems, real-time vibration analysis, and digital twin simulations are being integrated into gearboxes for predictive maintenance and reduced downtime. Variants of gearboxes like multi-stage helical and planetary types are being optimized for applications in wind power, mining, and heavy-duty industries. Industry leaders like Siemens, SEW-Eurodrive, Sumitomo Drive Technologies, and Flender are driving innovations that are specific to tough and challenging MEA conditions.
  • Market Development: The market is increasing along with the growth of industrial, energy, and transportation infrastructure in nations such as Saudi Arabia, UAE, Nigeria, Egypt, and Kenya. The growth of megaprojects, special economic zones, and manufacturing centers is driving substantial demand for heavy-duty and medium-sized gearboxes in process industries. Govt policies encouraging localization of production and installation of renewable energy projects—like UAE’s Net Zero by 2050 and Egypt Vision 2030—are providing opportunities for gearbox manufacturers to set up regional alliances and manufacturing hubs. The incorporation of IoT-based diagnostic and remote asset tracking technologies in gearboxes is also helping in building markets, especially for remote applications like mining and oil exploration.
  • Market Diversification: The Middle East & African industrial gearbox market is getting highly diversified, with applications reaching across renewable energy, marine, defense, transportation, and smart infrastructure. Increasing electric vehicle (EV) infrastructure, automated logistics systems, and solar desalination plants are driving the adoption of specialized gearboxes. The firms are also venturing into new emerging markets like Sub-Saharan Africa, where industrialization is picking up speed and infrastructure is being developed at a rapid rate. Low-carbon economies are shifting, and the increased demand for resilient and sustainable mechanical systems is providing fertile ground for diversified industrial gearbox implementation.
  • Competitive Assessment: The Middle East & Africa industrial gearbox market is technology-intensive and competition-driven. The leaders of the market are prominent players such as Siemens (Germany), SEW-Eurodrive (Germany), Sumitomo Heavy Industries (Japan), and Flender (Germany), dominating the market using product development, joint ventures, and indigenous assembly units. Organizations are investing heavily in AI-based maintenance solutions, gearbox lifecycle management, and intelligent mechanical drive solutions. Strategic initiatives like local manufacturing alliances, mergers, and technology transfer are typical as companies endeavor to gain market share and also align with national industrial policies. Emphasis is also being laid on training, localized service centers, and after-sales services for speedy turnaround time and strong customer interaction within the region.

Table of Contents

1               INTRODUCTION              20

1.1           STUDY OBJECTIVES       20

1.2           MARKET DEFINITION   20

1.3           STUDY SCOPE   21

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      21

1.3.2        INCLUSIONS AND EXCLUSIONS 21

1.3.3        YEARS CONSIDERED      23

1.4           CURRENCY CONSIDERED            23

1.5           LIMITATIONS    23

1.6           STAKEHOLDERS               24

2               RESEARCH METHODOLOGY       25

2.1           RESEARCH DATA              25

2.1.1        SECONDARY DATA          26

2.1.1.1    List of key secondary sources              26

2.1.1.2    Key data from secondary sources       26

2.1.2        PRIMARY DATA 27

2.1.2.1    List of primary interview participants               27

2.1.2.2    Key industry insights           28

2.1.2.3    Key data from primary sources           28

2.1.2.4    Breakdown of primaries      29

2.2           MARKET SIZE ESTIMATION         30

2.2.1        BOTTOM-UP APPROACH              30

2.2.1.1    Regional analysis  31

2.2.1.2    Country-level analysis          31

2.2.1.3    Demand-side assumptions 31

2.2.1.4    Demand-side calculations   31

2.2.2        TOP-DOWN APPROACH                32

2.2.2.1    Supply-side assumptions     34

2.2.2.2    Supply-side calculations      34

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 35

2.4           FORECAST          36

2.5           RESEARCH ASSUMPTIONS           36

2.6           RESEARCH LIMITATIONS             36

2.7           RISK ANALYSIS  36

3               EXECUTIVE SUMMARY  37

4               PREMIUM INSIGHTS       41

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET                 41

4.2           MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY DESIGN AND COUNTRY  42

4.3           MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY DESIGN  43

4.4           MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE           43

4.5           MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY END-USE INDUSTRY          44

5               MARKET OVERVIEW       45

5.1           INTRODUCTION              45

5.2           MARKET DYNAMICS       46

5.2.1        DRIVERS               46

5.2.1.1    Increasing adoption of industrial automation solutions 46

5.2.1.2    Rise in renewable energy installations               47

5.2.1.3    Thriving oil & gas and mining sectors               47

5.2.2        RESTRAINTS      48

5.2.2.1    High initial costs  48

5.2.2.2    Availability of alternative technologies              49

5.2.3        OPPORTUNITIES              49

5.2.3.1    Increasing smart grid and power transmission projects 49

5.2.3.2    Mounting deployment of IoT-enabled and AI-based predictive maintenance technologies   50

5.2.4        CHALLENGES    50

5.2.4.1    Influx of counterfeit and substandard gearboxes             50

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            51

5.4           ECOSYSTEM ANALYSIS  52

5.5           SUPPLY CHAIN ANALYSIS             54

5.6           PRICING ANALYSIS          55

5.6.1        AVERAGE SELLING PRICE TREND OF INDUSTRIAL GEARBOXES,

BY TYPE, 2021–2024          55

5.7           TECHNOLOGY ANALYSIS             56

5.7.1        KEY TECHNOLOGIES     56

5.7.1.1    Precision gear manufacturing technology        56

5.7.2        COMPLEMENTARY TECHNOLOGIES       57

5.7.2.1    Industrial lubrication systems             57

5.7.3        ADJACENT TECHNOLOGIES       57

5.7.3.1    Heavy-duty industrial motors             57

5.8           TARIFF AND REGULATORY LANDSCAPE               58

5.8.1        TARIFF ANALYSIS             58

5.8.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANISATIONS             59

5.8.3        REGULATIONS  60

5.8.4        STANDARDS      61

5.9           TRADE ANALYSIS             61

5.9.1        IMPORT SCENARIO (HS CODE 848340)    61

5.9.2        EXPORT SCENARIO (HS CODE 848340)    63

5.10         PATENT ANALYSIS          64

5.11         INVESTMENT AND FUNDING SCENARIO               68

5.12         PORTER’S FIVE FORCES ANALYSIS           69

5.12.1      THREAT OF SUBSTITUTES          70

5.12.2      BARGAINING POWER OF SUPPLIERS       70

5.12.3      BARGAINING POWER OF BUYERS             70

5.12.4      THREAT OF NEW ENTRANTS      70

5.12.5      INTENSITY OF COMPETITIVE RIVALRY 71

5.13         KEY STAKEHOLDERS AND BUYING CRITERIA     71

5.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           71

5.13.2      BUYING CRITERIA           72

5.14         CASE STUDY ANALYSIS 72

5.14.1      TATA STEEL ADOPTS HIGHFIELD GEARS’ TAILORED REPAIR SOLUTION TO RESTORE CRITICAL OPERATIONS IN PORT TALBOT PLANT   72

5.14.2      COMPREHENSIVE MAINTENANCE AND INSPECTION HELP ENHANCE RELIABILITY IN HEAVY-DUTY HELICAL GEARBOXES AND ADDRESS COMMON OPERATIONAL CHALLENGES    73

5.14.3      FEDERAL GROUP USA EXECUTES COMPREHENSIVE REVERSE ENGINEERING AND MANUFACTURING PROJECT FOR SEAMLESS EQUIPMENT INTEGRATION 74

5.15         IMPACT OF GEN AI/AI ON MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET               74

5.15.1      ADOPTION OF GEN AI/AI IN MIDDLE EAST & AFRICA INDUSTRIAL

GEARBOX MARKET         74

5.15.2      IMPACT OF GEN AI/AI ON MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY REGION     75

5.16         MACROECONOMIC OUTLOOK  76

5.16.1      GDP GROWTH  76

5.16.2      R&D EXPENDITURE        76

5.16.3      INVESTMENT IN NEW INDUSTRIAL GEARBOX TECHNOLOGIES               76

5.16.4      INFRASTRUCTURE & CONSTRUCTION SECTOR GROWTH             76

5.17         IMPACT OF 2025 US TARIFF ON MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET               77

5.17.1      INTRODUCTION              77

5.17.2      KEY TARIFF RATES          77

5.17.3      PRICE IMPACT ANALYSIS             77

5.17.4      IMPACT ON REGION      78

5.17.4.1  Middle East & Africa            78

5.17.5      IMPACT ON END-USE INDUSTRIES          78

6               MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE           80

6.1           INTRODUCTION              81

6.2           PLANETARY       82

6.2.1        HIGH EFFICIENCY, LOW BACKLASH, AND ROBUST POWER-HANDLING CAPABILITIES TO BOLSTER SEGMENTAL GROWTH             82

6.3           HELICAL               82

6.3.1        SMOOTH OPERATION AND REDUCED NOISE AND VIBRATION TO CONTRIBUTE TO SPUR DEMAND             82

6.4           BEVEL   83

6.4.1        VERSATILITY IN TRANSMITTING POWER AT DIFFERENT ANGLES TO CONTRIBUTE TO SEGMENTAL GROWTH             83

6.5           SPUR     84

6.5.1        ABILITY TO ENSURE EFFICIENT AND RELIABLE POWER TRANSMISSION TO EXPEDITE SEGMENTAL GROWTH    84

6.6           WORM  84

6.6.1        SIGNIFICANT SPEED REDUCTION AND HIGH TORQUE OUTPUT TO ACCELERATE SEGMENTAL GROWTH           84

7               MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY DESIGN  85

7.1           INTRODUCTION              86

7.2           PARALLEL           87

7.2.1        SUITABILITY FOR OPERATIONS THAT REQUIRE HIGH TORQUE AND CONSISTENT PERFORMANCE TO FUEL SEGMENTAL GROWTH  87

7.3           ANGLED               87

7.3.1        IDEAL FOR MACHINERY LAYOUTS THAT DEMAND COMPACT AND FLEXIBLE CONFIGURATIONS TO BOOST SEGMENTAL GROWTH  87

8               MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY 89

8.1           INTRODUCTION              90

8.2           WIND POWER    92

8.2.1        HIGH PREFERENCE FOR RENEWABLE ENERGY SOURCES TO FOSTER SEGMENTAL GROWTH         92

8.3           CEMENT & AGGREGATES             92

8.3.1        RELIANCE ON HEAVY-DUTY MACHINERY FOR MATERIAL PROCESSING, GRINDING, AND CONVEYING OPERATIONS TO DRIVE MARKET             92

8.4           CHEMICALS, RUBBER & PLASTICS            93

8.4.1        INCREASING DOMESTIC CONSUMPTION AND EXPORTS TO CONTRIBUTE TO SEGMENTAL GROWTH      93

8.5           CONSTRUCTION              93

8.5.1        LARGE-SCALE INFRASTRUCTURE PROJECTS AND URBAN DEVELOPMENT TO BOLSTER SEGMENTAL GROWTH                 93

8.6           FOOD & BEVERAGES      94

8.6.1        STRONG FOCUS ON ENSURING EFFICIENT AND HYGIENIC PROCESSING TO FUEL SEGMENTAL GROWTH                 94

8.7           MARINE                94

8.7.1        RISING NEED TO ENSURE OPTIMAL VESSEL PERFORMANCE UNDER VARYING SEA AND LOAD CONDITIONS TO FOSTER SEGMENTAL GROWTH         94

8.8           MATERIAL HANDLING  95

8.8.1        EXPANDING LOGISTICS NETWORKS AND INDUSTRIAL AUTOMATION TO CONTRIBUTE TO SEGMENTAL GROWTH                 95

8.9           METALS & MINING          95

8.9.1        INCREASING GOVERNMENT INVESTMENT IN IRON ORE AND RARE EARTH MINERAL PROJECTS TO DRIVE MARKET                 95

8.10         ENERGY                96

8.10.1      RAPID TRANSITION TO RENEWABLE ENERGY SOURCES TO ACCELERATE SEGMENTAL GROWTH              96

8.11         TRANSPORTATION         96

8.11.1      EXPANDING RAIL NETWORKS AND URBAN TRANSIT SYSTEMS TO BOOST SEGMENTAL GROWTH       96

8.12         AUTOMOTIVE   97

8.12.1      HIGH EFFICIENCY AND ABILITY TO HANDLE HEAVY LOADS TO SPUR DEMAND FOR GEARBOXES       97

8.13         OTHER INDUSTRIES       97

9               MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY COUNTRY              99

9.1           MIDDLE EAST & AFRICA                100

9.1.1        GCC       103

9.1.1.1    Saudi Arabia          106

9.1.1.1.1 Thriving oil & gas sector and economic diversification to contribute to market growth               106

9.1.1.2    UAE        109

9.1.1.2.1 Growing focus on sustainable economic growth and clean energy deployment to boost market growth  109

9.1.1.3    Rest of GCC          111

9.1.2        SOUTH AFRICA 114

9.1.2.1    Rising efforts to modernize industrial infrastructure and diversify economy to foster market growth      114

9.1.3        ZAMBIA                116

9.1.3.1    Ongoing electrification efforts in rural areas to accelerate market growth    116

9.1.4        REST OF MIDDLE EAST & AFRICA             119

10            COMPETITIVE LANDSCAPE         122

10.1         INTRODUCTION              122

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 122

10.3         MARKET SHARE ANALYSIS, 2024                 125

10.4         REVENUE ANALYSIS, 2020–2024  127

10.5         COMPANY VALUATION AND FINANCIAL METRICS                 128

10.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 129

10.6.1      STARS   129

10.6.2      EMERGING LEADERS     129

10.6.3      PERVASIVE PLAYERS      129

10.6.4      PARTICIPANTS 130

10.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         131

10.6.5.1  Company footprint               131

10.6.5.2  Type footprint       132

10.6.5.3  Design footprint   132

10.7         COMPETITIVE SCENARIO             133

10.7.1      PRODUCT LAUNCHES/DEVELOPMENTS               133

10.7.2      DEALS  134

10.7.3      EXPANSIONS     135

10.7.4      OTHER DEVELOPMENTS              136

11            COMPANY PROFILES      137

11.1         KEY PLAYERS     137

11.1.1      BONFIGLIOLI S.P.A          137

11.1.1.1  Business overview 137

11.1.1.2  Products/Solutions/Services offered 138

11.1.1.3  Recent developments           141

11.1.1.3.1                Deals      141

11.1.1.3.2                Expansions             141

11.1.1.4  MnM view              142

11.1.1.4.1                Key strengths/Right to win 142

11.1.1.4.2                Strategic choices   142

11.1.1.4.3                Weaknesses/Competitive threats       142

11.1.2      SUMITOMO HEAVY INDUSTRIES, LTD.  143

11.1.2.1  Business overview 143

11.1.2.2  Products/Solutions/Services offered 144

11.1.2.3  Recent developments           146

11.1.2.3.1                Product launches/developments        146

11.1.2.4  MnM view              146

11.1.2.4.1                Key strengths/Right to win 146

11.1.2.4.2                Strategic choices   147

11.1.2.4.3                Weaknesses/Competitive threats       147

11.1.3      SIEMENS              148

11.1.3.1  Business overview 148

11.1.3.2  Products/Solutions/Services offered 149

11.1.3.3  Recent developments           150

11.1.3.3.1                Developments       150

11.1.3.4  MnM view              150

11.1.3.4.1                Key strengths/Right to win 150

11.1.3.4.2                Strategic choices   151

11.1.3.4.3                Weaknesses/Competitive threats       151

11.1.4      EMERSON ELECTRIC CO.              152

11.1.4.1  Business overview 152

11.1.4.2  Products/Solutions/Services offered 153

11.1.4.3  MnM view              154

11.1.4.3.1                Key strengths/Right to win 154

11.1.4.3.2                Strategic choices   154

11.1.4.3.3                Weaknesses/Competitive threats       154

11.1.5      FLENDER             155

11.1.5.1  Business overview 155

11.1.5.2  Products/Solutions/Services offered 155

11.1.5.3  Recent developments           157

11.1.5.3.1                Deals      157

11.1.5.3.2                Other developments             157

11.1.5.4  MnM view              158

11.1.5.4.1                Key strengths/Right to win 158

11.1.5.4.2                Strategic choices   158

11.1.5.4.3                Weaknesses/Competitive threats       158

11.1.6      WEG      159

11.1.6.1  Business overview 159

11.1.6.2  Products/Solutions/Services offered 160

11.1.6.3  Recent developments           161

11.1.6.3.1                Product launches/developments        161

11.1.6.3.2                Other developments             161

11.1.6.4  MnM view              162

11.1.6.4.1                Key strengths/Right to win 162

11.1.6.4.2                Strategic choices   162

11.1.6.4.3                Weaknesses/Competitive threats       162

11.1.7      ABB        163

11.1.7.1  Business overview 163

11.1.7.2  Products/Solutions/Services offered 164

11.1.7.3  Recent developments           165

11.1.7.3.1                Deals      165

11.1.7.3.2                Expansions             165

11.1.7.3.3                Other developments             166

11.1.7.4  MnM view              167

11.1.7.4.1                Key strengths/Right to win 167

11.1.7.4.2                Strategic choices   167

11.1.7.4.3                Weaknesses/Competitive threats       167

11.1.8      JOHNSON ELECTRIC HOLDINGS LIMITED            168

11.1.8.1  Business overview 168

11.1.8.2  Products/Solutions/Services offered 169

11.1.8.3  MnM view              171

11.1.8.3.1                Key strengths/Right to win 171

11.1.8.3.2                Strategic choices   171

11.1.8.3.3                Weaknesses/Competitive threats       171

11.1.9      SEW-EURODRIVE             172

11.1.9.1  Business overview 172

11.1.9.2  Products/Solutions/Services offered 172

11.1.9.3  Recent developments           174

11.1.9.3.1                Product launches/developments        174

11.1.10   DANA LIMITED 175

11.1.10.1                 Business overview 175

11.1.10.2                 Products/Solutions/Services Offered                176

11.1.10.3                 MnM view              178

11.1.10.3.1             Key strengths/Right to win 178

11.1.10.3.2             Strategic choices   178

11.1.10.3.3             Weaknesses/Competitive threats       178

11.1.11   REGAL REXNORD CORPORATION            179

11.1.11.1                 Business overview 179

11.1.11.2                 Products/Solutions/Services offered 180

11.1.11.3                 Recent developments           182

11.1.11.3.1             Deals      182

11.1.11.4                 MnM view              182

11.1.11.4.1             Key strengths/Right to win 182

11.1.11.4.2             Strategic choices   183

11.1.11.4.3             Weaknesses/Competitive threats       183

11.1.12   GEARS FOR AFRICA         184

11.1.12.1                 Business overview 184

11.1.12.2                 Products/Solutions/Services offered 184

11.1.13   ASAR ENGINEERING PVT. LTD. 186

11.1.13.1                 Business overview 186

11.1.13.2                 Products/Solutions/Services offered 186

11.1.14   ELECON ENGINEERING COMPANY LIMITED       188

11.1.14.1                 Business overview 188

11.1.14.2                 Products/Solutions/Services offered 189

11.1.14.3                 MnM view              191

11.1.14.3.1             Key strengths/Right to win 191

11.1.14.3.2             Strategic choices   191

11.1.14.3.3             Weaknesses/Competitive threats       191

11.1.15   ANANT ENGINEERING  192

11.1.15.1                 Business overview 192

11.1.15.2                 Products/Solutions/Services offered 192

12            APPENDIX           194

12.1         INSIGHTS FROM INDUSTRY EXPERTS     194

12.2         DISCUSSION GUIDE        195

12.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                199

12.4         CUSTOMIZATION OPTIONS        201

12.5         RELATED REPORTS         201

12.6         AUTHOR DETAILS           202

LIST OF TABLES

TABLE 1                INCLUSIONS AND EXCLUSIONS 21

TABLE 2                LIST OF KEY SECONDARY SOURCES        26

TABLE 3                LIST OF PRIMARY INTERVIEW PARTICIPANTS                 27

TABLE 4                KEY DATA FROM PRIMARY SOURCES     28

TABLE 5                MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)                 30

TABLE 6                INDUSTRIAL GEARBOX MARKET: RISK ANALYSIS            36

TABLE 7                MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SNAPSHOT       37

TABLE 8                ROLE OF COMPANIES IN MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX ECOSYSTEM      53

TABLE 9                AVERAGE SELLING PRICE TREND OF INDUSTRIAL GEARBOXES, BY TYPE,

2021–2024 (USD/UNIT)   56

TABLE 10              MFN TARIFF FOR HS 848340 CODE-COMPLIANT PRODUCTS, BY COUNTRY, 2024 58

TABLE 11              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             59

TABLE 12              REGULATIONS  60

TABLE 13              STANDARDS      61

TABLE 14              IMPORT DATA FOR HS CODE 848340-COMPLIANT PRODUCTS, BY COUNTRY,  2022–2024 (USD THOUSAND)      62

TABLE 15              EXPORT DATA FOR HS CODE 848340-COMPLIANT PRODUCTS, BY COUNTRY,  2022–2024 (USD THOUSAND)      63

TABLE 16              LIST OF MAJOR PATENTS, 2021–2025        65

TABLE 17              PORTER’S FIVE FORCES ANALYSIS           69

TABLE 18              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES          71

TABLE 19              KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              72

TABLE 20              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2021–2024 (USD MILLION)            81

TABLE 21              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2025–2030 (USD MILLION)            82

TABLE 22              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2021–2024 (USD MILLION)            86

TABLE 23              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2025–2030 (USD MILLION)            86

TABLE 24              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY,  2021–2024 (USD MILLION)                 91

TABLE 25              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY,  2025–2030 (USD MILLION)                 91

TABLE 26              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2021–2024 (USD MILLION)            100

TABLE 27              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2025–2030 (USD MILLION)            100

TABLE 28              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2021–2024 (USD MILLION)            101

TABLE 29              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2025–2030 (USD MILLION)            101

TABLE 30              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY,  2021–2024 (USD MILLION)                 101

TABLE 31              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY,  2025–2030 (USD MILLION)                 102

TABLE 32              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            102

TABLE 33              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY COUNTRY,

2025–2030 (USD MILLION)            103

TABLE 34              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY COUNTRY,  2021–2024 (USD MILLION)                 103

TABLE 35              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY COUNTRY,  2025–2030 (USD MILLION)                 103

TABLE 36              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2021–2024 (USD MILLION)            104

TABLE 37              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2025–2030 (USD MILLION)            104

TABLE 38              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2021–2024 (USD MILLION)            104

TABLE 39              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2025–2030 (USD MILLION)            105

TABLE 40              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2021–2024 (USD MILLION)          105

TABLE 41              GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2025–2030 (USD MILLION)          106

TABLE 42              SAUDI ARABIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY DESIGN, 2021–2024 (USD MILLION)   107

TABLE 43              SAUDI ARABIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY DESIGN, 2025–2030 (USD MILLION)   107

TABLE 44              SAUDI ARABIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY TYPE,  2021–2024 (USD MILLION)      107

TABLE 45              SAUDI ARABIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY TYPE,  2025–2030 (USD MILLION)      107

TABLE 46              SAUDI ARABIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2021–2024 (USD MILLION)          108

TABLE 47              SAUDI ARABIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2025–2030 (USD MILLION)          108

TABLE 48              UAE: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2021–2024 (USD MILLION)            109

TABLE 49              UAE: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,

2025–2030 (USD MILLION)            109

TABLE 50              UAE: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2021–2024 (USD MILLION)            110

TABLE 51              UAE: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2025–2030 (USD MILLION)            110

TABLE 52              UAE: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)            110

TABLE 53              UAE: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            111

TABLE 54              REST OF GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY DESIGN, 2021–2024 (USD MILLION)   112

TABLE 55              REST OF GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY DESIGN, 2025–2030 (USD MILLION)   112

TABLE 56              REST OF GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY TYPE, 2021–2024 (USD MILLION)         112

TABLE 57              REST OF GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY TYPE,  2025–2030 (USD MILLION)      112

TABLE 58              REST OF GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2021–2024 (USD MILLION)          113

TABLE 59              REST OF GCC: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2025–2030 (USD MILLION)          113

TABLE 60              SOUTH AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY DESIGN, 2021–2024 (USD MILLION)   114

TABLE 61              SOUTH AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY DESIGN, 2025–2030 (USD MILLION)   114

TABLE 62              SOUTH AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY TYPE,  2021–2024 (USD MILLION)      115

TABLE 63              SOUTH AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY TYPE, 2025–2030 (USD MILLION)         115

TABLE 64              SOUTH AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2021–2024 (USD MILLION)          115

TABLE 65              SOUTH AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,

BY END-USE INDUSTRY, 2025–2030 (USD MILLION)          116

TABLE 66              ZAMBIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,  2021–2024 (USD MILLION)                 117

TABLE 67              ZAMBIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN,  2025–2030 (USD MILLION)                 117

TABLE 68              ZAMBIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2021–2024 (USD MILLION)            117

TABLE 69              ZAMBIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE,

2025–2030 (USD MILLION)            117

TABLE 70              ZAMBIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY END-USE INDUSTRY, 2021–2024 (USD MILLION)            118

TABLE 71              ZAMBIA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET,  BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            118

TABLE 72              REST OF MIDDLE EAST & AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN, 2021–2024 (USD MILLION)       119

TABLE 73              REST OF MIDDLE EAST & AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY DESIGN, 2025–2030 (USD MILLION)       120

TABLE 74              REST OF MIDDLE EAST & AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE, 2021–2024 (USD MILLION) 120

TABLE 75              REST OF MIDDLE EAST & AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY TYPE, 2025–2030 (USD MILLION) 120

TABLE 76              REST OF MIDDLE EAST & AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)    121

TABLE 77              REST OF MIDDLE EAST & AFRICA: MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)    121

TABLE 78              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2021–DECEMBER 2024             122

TABLE 79              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: DEGREE OF COMPETITION, 2024          125

TABLE 80              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: TYPE FOOTPRINT       132

TABLE 81              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: DESIGN FOOTPRINT  132

TABLE 82              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2021–DECEMBER 2024     133

TABLE 83              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: DEALS,

JANUARY 2021–DECEMBER 2024 134

TABLE 84              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: EXPANSIONS,

JANUARY 2021–DECEMBER 2024 135

TABLE 85              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: OTHER DEVELOPMENTS, JANUARY 2021–DECEMBER 2024        136

TABLE 86              BONFIGLIOLI S.P.A: COMPANY OVERVIEW                 137

TABLE 87              BONFIGLIOLI S.P.A: PRODUCTS/SOLUTIONS/SERVICES OFFERED    138

TABLE 88              BONFIGLIOLI S.P.A: DEALS          141

TABLE 89              BONFIGLIOLI S.P.A: EXPANSIONS             141

TABLE 90              SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW   143

TABLE 91              SUMITOMO HEAVY INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        144

TABLE 92              SUMITOMO HEAVY INDUSTRIES, LTD.: PRODUCT LAUNCHES/DEVELOPMENTS               146

TABLE 93              SIEMENS: COMPANY OVERVIEW               148

TABLE 94              SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             149

TABLE 95              SIEMENS: DEVELOPMENTS         150

TABLE 96              EMERSON ELECTRIC CO.: COMPANY OVERVIEW                 152

TABLE 97              EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    153

TABLE 98              FLENDER: COMPANY OVERVIEW              155

TABLE 99              FLENDER: PRODUCTS/SOLUTIONS/SERVICES OFFERED             155

TABLE 100            FLENDER: DEALS             157

TABLE 101            FLENDER: OTHER DEVELOPMENTS        157

TABLE 102            WEG: COMPANY OVERVIEW       159

TABLE 103            WEG: PRODUCTS/SOLUTIONS/SERVICES OFFERED             160

TABLE 104            WEG: PRODUCT LAUNCHES/DEVELOPMENTS                 161

TABLE 105            WEG: OTHER DEVELOPMENTS 161

TABLE 106            ABB: COMPANY OVERVIEW         163

TABLE 107            ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             164

TABLE 108            ABB: DEALS        165

TABLE 109            ABB: EXPANSIONS           165

TABLE 110            ABB: OTHER DEVELOPMENTS   166

TABLE 111            JOHNSON ELECTRIC HOLDINGS LIMITED: COMPANY OVERVIEW   168

TABLE 112            JOHNSON ELECTRIC HOLDINGS LIMITED: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        169

TABLE 113            SEW-EURODRIVE: COMPANY OVERVIEW                 172

TABLE 114            SEW-EURODRIVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    172

TABLE 115            SEW-EURODRIVE: PRODUCT LAUNCHES/DEVELOPMENTS    174

TABLE 116            DANA LIMITED: COMPANY OVERVIEW 175

TABLE 117            DANA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    176

TABLE 118            REGAL REXNORD CORPORATION: COMPANY OVERVIEW          179

TABLE 119            REGAL REXNORD CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    180

TABLE 120            REGAL REXNORD CORPORATION: DEALS                 182

TABLE 121            GEARS FOR AFRICA: COMPANY OVERVIEW                 184

TABLE 122            GEARS FOR AFRICA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    184

TABLE 123            ASAR ENGINEERING PVT. LTD.: COMPANY OVERVIEW          186

TABLE 124            ASAR ENGINEERING PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    186

TABLE 125            ELECON ENGINEERING COMPANY LIMITED: COMPANY OVERVIEW   188

TABLE 126            ELECON ENGINEERING COMPANY LIMITED: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        189

TABLE 127            ANANT ENGINEERING: COMPANY OVERVIEW                 192

TABLE 128            ANANT ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED    192

LIST OF FIGURES

FIGURE 1              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SEGMENTATION AND REGIONAL SCOPE           21

FIGURE 2              YEARS CONSIDERED      23

FIGURE 3              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: RESEARCH DESIGN     25

FIGURE 4              KEY DATA FROM SECONDARY SOURCES                 26

FIGURE 5              KEY INDUSTRY INSIGHTS             28

FIGURE 6              BREAKDOWN OF PRIMARIES      29

FIGURE 7              KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR INDUSTRIAL GEARBOXES               29

FIGURE 8              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET:  BOTTOM-UP APPROACH      30

FIGURE 9              MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: TOP-DOWN APPROACH            32

FIGURE 10            KEY STEPS CONSIDERED TO ASSESS SUPPLY OF INDUSTRIAL GEARBOXES            33

FIGURE 11            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)                 33

FIGURE 12            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: DATA TRIANGULATION            35

FIGURE 13            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: RESEARCH ASSUMPTIONS       36

FIGURE 14            PARALLEL SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2025               38

FIGURE 15            HELICAL SEGMENT TO DOMINATE MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET FROM 2025 TO 2030        39

FIGURE 16            ENERGY SEGMENT TO CAPTURE LARGEST SHARE OF MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET IN 2025                40

FIGURE 17            RAPID INDUSTRIALIZATION AND INVESTMENT IN ENERGY DIVERSIFICATION PROJECTS TO BOLSTER MARKET GROWTH             41

FIGURE 18            PARALLEL SEGMENT AND SAUDI ARABIA CAPTURED LARGEST MARKET

SHARES IN 2024 42

FIGURE 19            PARALLEL SEGMENT TO HOLD LARGER MARKET SHARE IN 2030 43

FIGURE 20            HELICAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             43

FIGURE 21            ENERGY SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2030 44

FIGURE 22            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    46

FIGURE 23            OIL PRODUCTION IN MIDDLE EAST, 2022–2030                 48

FIGURE 24            OIL PRODUCTION IN AFRICA, 2022–2030                 48

FIGURE 25            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   52

FIGURE 26            ECOSYSTEM ANALYSIS  52

FIGURE 27            SUPPLY CHAIN ANALYSIS             54

FIGURE 28            AVERAGE SELLING PRICE TREND OF INDUSTRIAL GEARBOXES, BY TYPE,

2021–2024              55

FIGURE 29            IMPORT DATA FOR HS CODE 848340-COMPLIANT PRODUCTS  FOR

TOP FIVE COUNTRIES, 2020–2024               62

FIGURE 30            EXPORT DATA FOR HS CODE 848340-COMPLIANT PRODUCTS FOR

TOP FIVE COUNTRIES, 2020–2024               63

FIGURE 31            PATENTS APPLIED AND GRANTED, 2015–2024                 65

FIGURE 32            INVESTMENT AND FUNDING SCENARIO, 2024                 68

FIGURE 33            PORTER’S FIVE FORCES ANALYSIS           69

FIGURE 34            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES          71

FIGURE 35            KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              72

FIGURE 36            IMPACT OF GEN AI/AI IN MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX

MARKET, BY REGION     75

FIGURE 37            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SHARE, BY TYPE, 2024  81

FIGURE 38            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SHARE,  BY DESIGN, 2024          86

FIGURE 39            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET SHARE,  BY END-USE INDUSTRY, 2024                 90

FIGURE 40            MARKET SHARE ANALYSIS OF COMPANIES OFFERING INDUSTRIAL

GEARBOXES IN MIDDLE EAST & AFRICA, 2024     126

FIGURE 41            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: REVENUE

ANALYSIS  OF FOUR KEY PLAYERS, 2020–2024    128

FIGURE 42            COMPANY VALUATION 128

FIGURE 43            FINANCIAL METRICS      129

FIGURE 44            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024                 130

FIGURE 45            MIDDLE EAST & AFRICA INDUSTRIAL GEARBOX MARKET: COMPANY FOOTPRINT             131

FIGURE 46            BONFIGLIOLI S.P.A: COMPANY SNAPSHOT                 138

FIGURE 47            SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT   144

FIGURE 48            SIEMENS: COMPANY SNAPSHOT               149

FIGURE 49            EMERSON ELECTRIC CO.: COMPANY SNAPSHOT                 153

FIGURE 50            WEG: COMPANY SNAPSHOT       160

FIGURE 51            ABB: COMPANY SNAPSHOT        164

FIGURE 52            JOHNSON ELECTRIC HOLDINGS LIMITED: COMPANY SNAPSHOT   169

FIGURE 53            DANA LIMITED: COMPANY SNAPSHOT 176

FIGURE 54            REGAL REXNORD CORPORATION: COMPANY SNAPSHOT          180

FIGURE 55            ELECON ENGINEERING COMPANY LIMITED: COMPANY SNAPSHOT   189