Event & Newsletter

EasternGear Event
2023. 08. 01

[August 2023 Newsletter] EasternGear's First Newsletter! news



August 2023 Edition

Dear Valued Customers and Partners,


We are thrilled to present the inaugural edition of the EasternGear Newsletter. As your trusted partner in precision metalworks, we are committed to keeping you informed about our latest developments, industry trends, and updates from our company.

An Exciting Partnership

We are delighted to share that EasternGear has been selected to join Samsung Electronics' esteemed C-Lab Outside program. This exciting collaboration opens doors for us to expand exponentially within the metalworking industry while exploring new opportunities in diverse sectors.

Pioneering Robotic Advancements

EasternGear joined hands with KIRO (Korea Institute of Robotics and Technology) to commence the development of a cutting-edge 5 DoF collaborative robot arm, incorporating our esteemed globoid worm gears at each joint. This collaboration marks a significant step towards innovation in robotics. 
As we are currently in the initial stages of the development process, we invite you to stay informed about the progress of our collaborative robot by following us on LinkedIn. Be among the first to receive future updates on this exciting venture, as we strive to redefine the landscape of collaborative robotics.
Thank you for your continued support, and we look forward to sharing our groundbreaking achievements with you on our LinkedIn page.

Unveiling Our Redesigned Website

We are proud to unveil our newly designed website, now available in English for global accessibility. With a user-friendly interface and a comprehensive display of our metalworking prowess - from Globoid Worm Gears to sophisticated Forge Pressing technology - we are ready to cater to your precision metalwork needs.

Forging Strong Connections
As we set our sights on becoming a global leader, we are actively engaging in industrial visits and investment meetings to fortify our foundations beyond South Korea.
In May, we ventured into the Chinese market, forging valuable connections through productive meetings with investors at the Sino-Chinese Innovation Center. This strategic move opens exciting new possibilities for EasternGear's expansion into one of the world's largest economies.
In July, we seized the opportunity to strengthen ties with prominent figures in the gear manufacturing industry and major gearbox buyers during our visit to Japan. The trip allowed us to recognize the immense potential for growth in this region and inspired us to establish a dedicated office in Osaka. This initiative promises to enhance our sales and services network, furthering our commitment to delivering excellence to our Japanese counterparts.
As we progress on this journey of global expansion, EasternGear is poised to become a significant player on the international stage. Keep an eye on us as we bring innovative solutions and cutting-edge technology to new markets around the globe!
Thank you for being part of this exciting chapter in our story. We look forward to continuing this journey together.
What's in Store...

Leading the Charge

Current Market Trends

As the world prepares for the 4th industrial revolution and addresses climate change concerns, we find ourselves at the forefront of the manufacturing industry, ready to make a significant impact.


According to recent market analyses:

The global gearbox market, after the challenges of Covid-19, is projected to reach a remarkable 66.6 billion USD by 2030, with a 4.7% CAGR over 2022-2030.

In the Asia-Pacific region, we anticipate substantial growth with Australia, India, and South Korea reaching a combined market value of 12 billion USD by 2030.

The planetary gear market is set to increase by 5.3% CAGR over the next eight years. While offering high speeds, planetary gears lack pulling power and require additional engineering. In contrast, our Globoid Worm Gears match efficiency with superior torque efficiencies, all while being more cost-effective.


At EasternGear, we are strategically positioned with close proximity to Japan and China, along with access to Korea's steel and metal production companies, allowing us to reduce production costs and significantly enhance time efficiency.


We are excited about the future as we continue our journey to revolutionize the metalworks industry with cutting-edge solutions that prioritize efficiency and sustainability.

Thank you for your continued support,

and we look forward to serving you with excellence.


Follow Us Here!
EasternGear Co., Ltd
114, 3saneopdanji 2-gil, Waegwan-eup, Chilgok-gun, Gyeongsangbuk-do, Republic of Korea (Postcode 33912)
Phone: 054-977-1997 | Fax: 054-977-1988