Project report for Gear Blank Manufacturing

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Indian Gear Industry is now more matured and can compete with Global players in terms of Designing, Delivery of quality products. Further, Indian market is having considerable domestic demand that is growing very fast. Gear Blanks are the input for gear manufacturing process. Before hobbling, broaching, and other heat treatment processes of Gear manufacturing process, Gear blanks are developed. It is very commonly said and understood that the quality of gear depends highly on forgings or forged gear blanks. Gears are used extensively for transmission of power. They find application in automobiles, gear boxes, oil engines, machine tools, industrial machinery, agricultural machinery, geared motors etc. To meet the strenuous service conditions the gears should have robust construction, reliable performance, high efficiency, economy and long life. Gear Blanks are produced by forging process of Metal forming in which hot metal at particular temperature, where the metal having the plastic state, is pressed in die. Forging can be carried out either in open or closed die. Dies are prepared by special steels like hot work tool steels and suitably heat treated to have proper hardness and toughness so that the dies can be capable of pressing hot metal without any deformation in the die during forging. The properties of forged Gear Blanks are considered to be better properties than any other metal forming process. Machined Forged Gear Blanks are used in Automobile sector for Two-Wheeler and Three-Wheeler.

Market potential & Strategy

Gears and gear blanks are products that are very specialized machined component. The manufacturers of industrial machinery and all most all end user segments have to normally source these products from special gears and gear blanks manufacturing units. Even the automobile gears are supplied by specialized manufacturing units. In India, the industry is estimated to have market size of industrial gearboxes alone is worth Rs 1,500 crore. This market is expected to touch Rs 2,000 crore in coming years. The gear blank manufacturing is characteristic of industry, providing their unique domestic and export potential. Indian Gear Industry is now more matured and can compete with Global players in terms of Designing, Delivery of quality products. Further, Indian market is having considerable domestic demand that is growing very fast. The global industrial gear blank market is expected to grow at CAGR 4.4 per cent indicating healthy demand growth. With its use in assembly lines, conveyor belts, bottling, packaging, and positioning of products, wind energy to fossil fuels power plants, the demand for precision and efficient gear blank is expected to get a boost. The automated material handling sector will witness steady growth with new equipment installation, growing production facilities, extension of plants and construction of industries. The demand from all the industrial sectors in addition to auto sector will support the growth.

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