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PR Newswire

Industrial Gearbox and Gear Motors: European Manufacturers Are Challenged by Intense Competition and Low Margins, Finds Frost & Sullivan

LONDON, June 20, 2012 /PRNewswire/ -- Although mature, the European gearbox and gear motors market has consistently recorded moderate growth, except in 2009 during the global recession. The market is highly competitive with very low margins. Buyers are becoming more sensitive and...