[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Gear Motor Market Size, Share, and Analysis, By Gear Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Spur Gear), By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW, Above 75 kW), By Torque (Up to 10,000 Nm, Above 10,000 Nm), By Industry (Material Handling, Construction, Power Generation, Mining, Food & Beverage, Manufacturing Industry, Packaging & Labelling, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-20

January 2024 | 500 pages | ID: G5101801DF34EN
Fatpos Global

US$ 5,150.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Gear Motor Market Size, Share, and Analysis, By Gear Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Spur Gear), By Rated Power (Up t%li%7.5 kW, 7.5 kW t%li%75 kW, Above 75 kW), By Torque (Up t%li%10,000 Nm, Above 10,000 Nm), By Industry (Material Handling, Construction, Power Generation, Mining, Food & Beverage, Manufacturing Industry, Packaging & Labelling, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-20

PRODUCT OVERVIEW

Gear Motor Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 7% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 21.5 billion and is projected t%li%reach USD 45.6 billion by the completion of 2034.

Gear motor refers t%li%a powerful unit that combines an electric motor and a gearbox t%li%enhance output torque or speed for specific applications. It operates by interconnecting gears of different sizes within the gearbox and comprises tw%li%primary components: a power-generating motor and a gearbox that facilitates velocity adjustments. This setup enables easy adjustments in the rotational speed and torque of motor's output shaft. Moreover, gear motors find extensive use in various domains such as robotics, industrial machinery, and automotive systems due t%li%their efficiency, consistency, and adaptability in meeting specific torque and speed requirements across industries. Consequently, gear motors are distinguished by their precise output control, making them indispensable for a wide range of mechanical and technological tasks

MARKET HIGHLIGHTS

Gear Motor Market is projected t%li%achieve USD 45.6 billion during the forecast period, driven by increasing demand for efficient machinery across various industries, particularly in automotive systems, robotics, and heavy material handling. This expansion is attributed t%li%technological innovations, such as the adoption of IoT and industry 4.0 principals, which improves the efficiency of gear motor and provide predictive maintenance capabilities. Furthermore, industries are favouring small gear motors with higher power density t%li%address space limitations while maintaining optimal performance. Moreover, there is an increasing focus on sustainability and energy efficiency, which has resulted in the development of eco-friendly gear motor solutions. Therefore, with ongoing improvements in technology and the growing need for versatile and effective machinery across industries, the gear motor market is expected t%li%expand consistently.

Gear Motor Market Segments:
  • By Gear Type
  • Helical Gear
  • Planetary Gear
  • Bevel Gear
  • Worm Gear
  • Spur Gear
  • By Rated Power
    • Up t%li%7.5 kW
    • 7.5 kW t%li%75 kW
  • Above 75 kW
  • By Torque
    • Up t%li%10,000 Nm
  • Above 10,000 Nm
  • By Industry
  • Material Handling
  • Construction
  • Power Generation
  • Mining
  • Food & Beverage
  • Manufacturing Industry
  • Packaging & Labelling
  • Others
MARKET DYNAMICS

Growth Drivers

Increasing Usage of Industrial Automation Will Drive Market Growth

Gear Motor Technological Advancements Will Provide Growth Opportunities

Restraint

High Initial Expenditure Required May Stymie Market Expansion

Key Players
  • SEW-EURODRIVE
  • Bonfiglioli
  • Bauer Gear Motor
  • WEG Industries
    • Sumitom%li%Heavy Industries
  • TECO Electric & Machinery Co., Ltd.
  • Brevini Power Transmission (Dana Incorporated)
  • Oriental Motor USA Corp.
  • Groschopp AG
  • NORD Drivesystems
  • Siemens AG
  • Regal Beloit Corporation
  • Leroy-Somer (Nidec Corporation)
  • Johnson Electric Holdings Limited
  • STM Spa
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2.Business Trends
1.3. Gear Motor Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1.Market Definition
3.2.Gear Motor Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data

4.GEAR MOTOR MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends

8.RISK ANALYSIS

9. MARKET ANALYSIS

9.1.Porters Five Forces
9.2. PEST Analysis
  9.2.1.Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10.GEAR MOTOR MARKET

10.1.Overview
10.2. Historical Analysis (2019-2022)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11. GEAR MOTOR MARKET SIZE & FORECAST 2024A-2034F

11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
  11.3.1.By Gear Type
    11.3.1.1. Helical Gear
      11.3.1.1.1.By Value (USD Million) 2024-2034F
      11.3.1.1.2. Market Share (%) 2024-2034F
      11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
    11.3.1.2.Planetary Gear
      11.3.1.2.1. By Value (USD Million) 2024-2034F
      11.3.1.2.2.Market Share (%) 2024-2034F
      11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
    11.3.1.3.Bevel Gear
      11.3.1.3.1. By Value (USD Million) 2024-2034F
      11.3.1.3.2.Market Share (%) 2024-2034F
      11.3.1.3.3.Y-o-Y Growth (%) 2024-2034F
    11.3.1.4.Spur Gear
      11.3.1.4.1. By Value (USD Million) 2024-2034F
      11.3.1.4.2.Market Share (%) 2024-2034F
      11.3.1.4.3.Y-o-Y Growth (%) 2024-2034F
    11.3.1.5.Worm Gear
      11.3.1.5.1. By Value (USD Million) 2024-2034F
      11.3.1.5.2.Market Share (%) 2024-2034F
      11.3.1.5.3.Y-o-Y Growth (%) 2024-2034F
  11.3.2. By Rated Power
    11.3.2.1.Up to 7.5kW
      11.3.2.1.1. By Value (USD Million) 2024-2034F
      11.3.2.1.2.Market Share (%) 2024-2034F
      11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.2.2. 7.5-75kW
      11.3.2.2.1.By Value (USD Million) 2024-2034F
      11.3.2.2.2. Market Share (%) 2024-2034F
      11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.3. Above 75kW
      11.3.2.3.1.By Value (USD Million) 2024-2034F
      11.3.2.3.2. Market Share (%) 2024-2034F
      11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
  11.3.3.By Torque
    11.3.3.1.Up to 10,000 Nm
      11.3.3.1.1. By Value (USD Million) 2024-2034F
      11.3.3.1.2.Market Share (%) 2024-2034F
      11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.3.2. Above 10,000 Nm
      11.3.3.2.1.By Value (USD Million) 2024-2034F
      11.3.3.2.2. Market Share (%) 2024-2034F
      11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
  11.3.4.By Industry
    11.3.4.1.Material Handling
      11.3.4.1.1. By Value (USD Million) 2024-2034F
      11.3.4.1.2.Market Share (%) 2024-2034F
      11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.4.2. Construction
      11.3.4.2.1.By Value (USD Million) 2024-2034F
      11.3.4.2.2. Market Share (%) 2024-2034F
      11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.3. Power Generation
      11.3.4.3.1.By Value (USD Million) 2024-2034F
      11.3.4.3.2. Market Share (%) 2024-2034F
      11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.4.Mining
      11.3.4.4.1.By Value (USD Million) 2024-2034F
      11.3.4.4.2. Market Share (%) 2024-2034F
      11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.5. Food & Beverages
      11.3.4.5.1.By Value (USD Million) 2024-2034F
      11.3.4.5.2. Market Share (%) 2024-2034F
      11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.6. Manufacturing Industry
      11.3.4.6.1.By Value (USD Million) 2024-2034F
      11.3.4.6.2. Market Share (%) 2024-2034F
      11.3.4.6.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.7. Packaging & Labelling
      11.3.4.7.1.By Value (USD Million) 2024-2034F
      11.3.4.7.2. Market Share (%) 2024-2034F
      11.3.4.7.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.8.Others
      11.3.4.8.1.By Value (USD Million) 2024-2034F
      11.3.4.8.2. Market Share (%) 2024-2034F
      11.3.4.8.3. Y-o-Y Growth (%) 2024-2034F

12.NORTH AMERICA GEAR MOTOR MARKET SIZE & FORECAST 2024A-2034F

12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1.By Gear Type
  12.3.2. By Rated Power
  12.3.3. By Torque
  12.3.4. By Industry
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13.EUROPE GEAR MOTOR MARKET SIZE & FORECAST 2024A-2034F

13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1.By Gear Type
  13.3.2. By Rated Power
  13.3.3. By Torque
  13.3.4. By Industry
13.4.Country
  13.4.1.Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14.ASIA-PACIFIC GEAR MOTOR MARKET SIZE & FORECAST 2024A-2034F

14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
  14.3.1.By Gear Type
  14.3.2. By Rated Power
  14.3.3. By Torque
  14.3.4. By Industry
14.4. Country
  14.4.1.India
  14.4.2. China
  14.4.3. South Korea
  14.4.4.Japan
  14.4.5.Rest of APAC

15.MIDDLE EAST AND AFRICA GEAR MOTOR MARKET SIZE & FORECAST 2024A-2034F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1.By Gear Type
  15.3.2. By Rated Power
  15.3.3. By Torque
  15.3.4. By Industry
15.4.Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4.South Africa
  15.4.5. Rest of Middle East and Africa

16. LATIN AMERICA GEAR MOTOR MARKET SIZE & FORECAST 2024A-2034F

16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1.By Gear Type
  16.3.2. By Rated Power
  16.3.3. By Torque
  16.3.4. By Industry
16.4.Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1. SEW - EURODRIVE
  18.1.1.Company Overview
  18.1.2.Financial Overview
  18.1.3.Key Product; Analysis
  18.1.4.Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2.Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Bonfiglioli
18.3. Bauer Gear Motor
18.4. WEG Industries
18.5. Sumitomo Heavy Industries
18.6. NORD Drivesystems
18.7. Siemens AG
18.8. Regal Beloit Corporation
18.9. Leroy-Somer (Nidec Corporation)
18.10.Johnson Electric Holdings Limited
18.11.TECO Electric & Machinery Co., Ltd.
18.12. Brevini Power Transmission (Dana Incorporated)
18.13. Oriental Motor USA Corp.
18.14.Groschopp AG
18.15. STM Spa
18.16. Other Prominent Players

19. APPENDIX

20.CONSULTANT RECOMMENDATION



More Publications