HS Code:
Gear cutting machines, classified under HS Code 8461.40, are specialized machine tools used for cutting, shaping, and finishing gears. These machines are critical in industries such as automotive, aerospace, and industrial machinery manufacturing, where precision gears are essential for power transmission systems. Gear cutting machines include gear hobbing, gear shaping, and gear grinding machines, each designed for specific gear types and production volumes. The global trade of these machines is driven by demand for high-precision manufacturing equipment, technological advancements in automation, and the growing need for efficient power transmission systems in various industries.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 350 million
29.2% of total trade of total trade
Increasing
USD 280 million
23.3% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 120 million
10.0% of total trade of total trade
Stable
USD 90 million
7.5% of total trade of total trade
Decreasing
Average Rate
5.8%
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Increasing adoption of CNC gear cutting machines
Higher precision and automation are driving demand for computer numerical control (CNC) machines, especially in automotive and aerospace sectors, leading to a shift away from traditional manual machines.
2021-2023
Growth in electric vehicle (EV) production
Rising demand for specialized gears in EVs is boosting the need for advanced gear cutting machines tailored for lightweight and high-efficiency components.
2022-2023
Shift towards sustainable manufacturing
Manufacturers are investing in energy-efficient gear cutting machines to meet environmental regulations, influencing purchasing decisions in key markets.
2020-2023
The European Union introduced new regulations requiring gear cutting machine manufacturers to comply with stricter emission and energy efficiency standards as part of the EU Green Deal.
January 2023
This is likely to increase production costs for non-compliant manufacturers while benefiting companies with eco-friendly technologies.
A bilateral agreement reduced tariffs on gear cutting machines between the US and China, aiming to boost trade in high-tech manufacturing equipment.
March 2022
This has led to increased imports of cost-effective machines from China to the US, impacting domestic manufacturers.
A leading German manufacturer introduced a new hybrid gear grinding machine combining additive manufacturing and traditional cutting, significantly reducing production time.
September 2022
This innovation is expected to set a new industry standard, pushing competitors to adopt similar technologies.