We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Policy.
The landscape of the global precision gearbox and geared motor market is undergoing significant transformation and is expected to grow by over 10 percent in 2025, as it recovers from an earlier than anticipated dip in 2023 and 2024. According to the latest data from market intelligence specialist Interact Analysis, strong demand will generate a compound annual growth rate (CAGR) of 7.9 percent - with the market increasing from $3.29 billion to $4.8 billion - between 2023 and 2028.
Mona Neubaur, deputy prime minister and minister of economic affairs of North Rhine-Westphalia, recently presented the NRW.Global Business Award 2024 to Flender CEO Andreas Evertz. Flender was one of four winners honored at the 20th anniversary of the Award at the K21 Ständehaus in Düsseldorf.