
Motion + Power Manufacturers Alliance’s (MPMA) Gear Technology magazine publishes its State of the Gear Industry survey results annually in the January/February issue, and this year’s provides great insights into the current market and where industry leaders see 2026. Our Senior Editor, Aaron Fagan, does a great job outlining what the industry is saying, and it’s clear important market drivers are impacting the power transmission industry: Tariff uncertainty, moderate capital expenditures planned, suppliers needing to address both ICE and EV customers simultaneously, and continued industry consolidation.