Gear Box and Gear Motors Market is Expected to Hit USD 22 billion by 2031 globally, at a CAGR of 4.1% | Exclusive Report by Transparency Market Research, Inc. [Yahoo! Finance]
SUMITOMO HVY IND UNSP/ADR (SOHVY)
NASDAQ:AMEX Investor Relations:
shi.co.jp/english/ir
Company Research
Source: Yahoo! Finance
Wilmington, Delaware, United States, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global gear box and gear motors market was valued at US$ 14.9 billion in 2021. A CAGR of 4.1% is projected from 2022 to 2031. The US$ 22 billion market is estimated to drive demand by 2031. With the increased use of digital technology, sensors, and communication with gear box and gear motors, sales of gear box and gear motors are expected to increase. Gear systems with integrated sensors for real-time monitoring, predictive maintenance, and overall system optimization may result from Industry 4.0 principles, which strongly emphasize smart manufacturing and the Industrial Internet of Things (IIoT). Energy efficiency and sustainability are becoming increasingly important across industries. Gear box and gear motor manufacturers that incorporate advanced materials, precision engineering, and lubrication techniques are expected to reduce energy consumption and emissions. Get
Show less
Read more
Impact Snapshot
Event Time:
SOHVY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOHVY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOHVY alerts
High impacting SUMITOMO HVY IND UNSP/ADR news events
Weekly update
A roundup of the hottest topics