Mechanical Power Transmission Market Growth to Reach US$ 126.09...

Mechanical Power Transmission Market Growth to Reach US$ 126.09 Billion at a CAGR of 5.2% by 2035 | Fact.MR

Сообщение 2025-08-25 11:05:48

The global mechanical power transmission market is projected to be valued at USD 75.95 billion in 2025. According to Fact.MR analysis, the market is expected to expand at a CAGR of 5.2%, reaching USD 126.09 billion by 2035.

In 2024, the industry experienced notable growth, fueled by a rebound in global industrial activity and rising investments in automation-driven infrastructure. Fact.MR’s research indicates that demand surged particularly in Asia, with manufacturing hubs in China, India, and Southeast Asia ramping up output across key sectors such as automotive, construction equipment, and food processing machinery.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=561

Country-wise Insights

In the United States, the mechanical power transmission market is expected to grow at a CAGR of 5.5% during the forecast period. This growth is being driven by a surge in industrial automation, particularly across the automotive, aerospace, and heavy machinery sectors. The rising demand for smart, durable, and efficient transmission components is supporting market expansion as industries increasingly prioritize operational efficiency and reliability in their production processes.

The mechanical power transmission market in the UK is projected to grow at a CAGR of 4.8% during the assessment period. British manufacturers are increasingly adopting Industry 4.0 principles, influencing procurement trends across sectors such as pharmaceuticals, aerospace, and precision machinery. According to Fact.MR, there is rising demand for energy-efficient belt drives and smart couplings equipped with diagnostic capabilities. This shift highlights the UK's focus on integrating clean technologies and building advanced, future-ready industrial systems.

Market Analysis

The mechanical power transmission industry is undergoing a smart and sustainable transformation, fueled by advances in automation, electrification, and predictive maintenance technologies. Growing demand from sectors such as automotive, construction, and precision agriculture is pushing manufacturers to deliver systems that offer greater efficiency, durability, and real-time performance monitoring.

As the market evolves, companies investing in lightweight, modular designs and embedded intelligence are emerging as front-runners. These innovations enable greater flexibility, reduced energy consumption, and lower maintenance costs. In contrast, traditional manufacturers that fail to adapt to these technological shifts risk losing relevance in a competitive landscape increasingly defined by smart, energy-efficient solutions.

Key Players

Altra Industrial Motion Corp.
Schaeffler Technologies AG & Co. KG
Rexnord LLC
Tsubakimoto Chain Co.
Gates Corporation
Bonfiglioli Riduttori S.p.A.
Renold PLC
Continental AG
Dana Incorporated
Fenner Drives
Voith GmbH & Co. KGaA

Competitive Landscape

The mechanical power transmission market is moderately fragmented, comprising a mix of global manufacturers and regional suppliers. While major players hold substantial market share, the growing presence of specialized regional firms—particularly in emerging economies—is adding diversity and intensifying competition.

Leading companies are focusing on product innovation, strategic collaborations, and geographic expansion to strengthen their competitive positions. Core strategies include the development of hybrid transmission technologies, adoption of sustainable manufacturing practices, and targeted acquisitions to broaden product portfolios.

In 2024, Stellantis made significant strides in hybrid powertrain development by taking full ownership of its joint venture with Belgium’s Punch Powertrain. This strategic move centers on the production of dual-clutch transmissions (eDCT) for hybrid and plug-in electric vehicles, reinforcing Stellantis' role in the hybrid mobility segment. The company also revealed plans to manufacture eDCTs at its Termoli facility in Southern Italy, with an annual target of 300,000 units.

Looking ahead, Stellantis announced a USD 2 billion investment in Italian production for 2025, complemented by a USD 6 billion supply chain upgrade initiative. These investments aim to rejuvenate Italy’s automotive sector through new hybrid model launches and the modernization of production facilities to support advanced manufacturing capabilities.

Browse Full Report: https://www.factmr.com/report/561/mechanical-power-transmission-market

Mechanical Power Transmission Market Segmentation