The Global Gear Industry--What Does the Future Hold
Younsu Park, Global Business Director, Romax Technology
Understanding the differences of how the gear industry works in individual territories around the world is vital to any company that wishes to succeed on a global basis. Whether it’s simply recognizing cultural differences in the workplace or understanding the challenges each country is faced with—it is all essential to working on a global scale.
Different worlds, same challenge. At Romax, we spend time looking at the weaknesses and strengths of the gear industry within a region and understanding the challenges we face in each. Knowing the marketplace enables us to see the best opportunities for our software and consulting services, but it also gives us an indication of the state of the industry and where it’s heading.
In the United States, the gear industry often looks for software tools and consulting services to support, and sometimes even replace, the experience of engineers. Developing suffi cient knowledge with an understanding of design and manufacturing can typically take an engineer some 10 to 15 years. By this stage, engineers have often moved into management positions or they have retired, taking this knowledge with them.
Europe is similar with the exception of Germany, which is the market leader, where engineers tend to be specialized and take on more responsibility. While Europe and the United States are open to buying into expertise and technology, Germany has an industry supported by government and academia, and often solutions are found through government funded universities to work on specific issues.
Europe and the United States have traditionally focused on the established automotive industry and, as such, have a strong network of expertise to draw upon while the gear industries in China and Korea are developing their own techniques.