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Parallel Shaft Geared Motors Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

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    Report

  • 180 Pages
  • January 2026
  • Region: Global
  • TechSci Research
  • ID: 5895885
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The Global Parallel Shaft Geared Motors Market is projected to expand significantly, rising from USD 906.72 Million in 2025 to USD 2.15 billion by 2031, reflecting a CAGR of 15.49%. These electromechanical systems typically employ helical gearing with an output shaft positioned parallel to the motor axis, a configuration that offers high torque and efficiency within a space-saving design. Key factors fueling this growth include the surging need for automated material handling systems within the e-commerce and logistics industries, as well as strict government regulations regarding energy efficiency that are forcing the replacement of obsolete drive units.

However, the market encounters substantial obstacles due to geopolitical tensions and global economic instability, which have reduced demand in major manufacturing hubs. This uncertainty negatively affects the purchasing of capital goods, including essential transmission components. For instance, VDMA reported a 4.5% decline in German machinery exports to China in 2024, signaling a wider slowdown in industrial activity that could hamper the geared motor sector's progress. Such regional contractions represent a significant barrier to maintaining consistent growth in the global market.

Market Drivers

The rising adoption of industrial automation and smart manufacturing is a primary catalyst for the Global Parallel Shaft Geared Motors Market. As factories transition toward fully autonomous workflows, there is an intensified requirement for precise, high-torque actuation systems that can integrate seamlessly into compact robotic cells and automated assembly lines.

Parallel shaft variants are particularly valued in these environments for their slim profile, which allows for closer machine spacing and a reduced footprint compared to inline alternatives. This operational shift is evidenced by the continued investment in robotic density; according to the International Federation of Robotics, September 2025, in the 'World Robotics 2025' report, the global manufacturing sector recorded 542,000 new industrial robot installations in 2024. These installations directly fuel the demand for auxiliary motion control components, including geared motors, to power reliable material flow between automated stations.

Simultaneously, the market is being propelled by the rapid expansion of the e-commerce and material handling sectors, which rely heavily on extensive conveyor networks. Parallel shaft geared motors are the preferred drive mechanism for belt and roller conveyors due to their hollow-shaft capability, allowing for direct mounting onto conveyor axles to eliminate bulky couplings. This demand is correlated with the surge in logistics throughput; according to Pitney Bowes, June 2025, in the 'Parcel Shipping Index', U.S. parcel volume alone reached 22.4 billion shipments in 2024, necessitating robust automated sorting hubs. The scale of this infrastructure buildup is further highlighted by the machinery sector's output. According to VDMA, in 2025, the production volume of the German materials handling and intralogistics industry was estimated at 27.7 billion euros for the previous year, reflecting the critical global need for durable power transmission solutions in logistics.

Market Challenges

Global economic volatility and geopolitical tensions constitute a significant barrier to the growth of the parallel shaft geared motors market. These macro-level instabilities create an environment of uncertainty that compels manufacturers and logistics providers to delay or scale back capital expenditure plans. Since parallel shaft geared motors are critical components in heavy industrial machinery, conveyor systems, and material handling units, any hesitation in procuring new capital goods triggers an immediate contraction in demand for these drive systems. When industrial output stagnates due to fragile supply chains or trade barriers, the requirement for new motor units diminishes significantly, forcing suppliers to contend with reduced order volumes and deferred projects.

This correlation between industrial instability and market deceleration is evident in recent industry performance metrics. According to VDMA, in December 2025, the association forecast that real production in the German mechanical engineering sector - a primary consumer of geared motors - would decline by 5% for the full year 2025. This contraction highlights how sustained economic friction directly hampers the manufacturing base, thereby limiting the total addressable market for component suppliers. Without a stable economic backdrop to encourage industrial investment, the parallel shaft geared motor market faces persistent headwinds in maintaining sales momentum.

Market Trends

The expansion of hygienic and washdown-ready solutions is reshaping the market, particularly for food processing applications where cleanability is critical. Manufacturers are engineering parallel shaft geared motors with smooth, crevice-free housings and specialized surface coatings to withstand high-pressure caustic washdowns, thereby preventing bacterial contamination in conveyor systems. This sector-specific momentum is evidenced by trade volume; according to VDMA, April 2025, in the press release regarding IFFA 2025, exports of food processing and packaging machinery from Germany increased by 6% to 10.6 billion euros in 2024. This export growth signals a rising global requirement for sanitary drive components that comply with stringent industry hygiene standards.

Simultaneously, the transition to IE5 Ultra-Premium Efficiency motor standards is necessitating the redesign of geared units to accommodate advanced permanent magnet synchronous motors. Industrial users are increasingly replacing legacy IE3 induction drives with these highly efficient packages to reduce energy consumption and total cost of ownership.

The market’s shift toward such high-performance electro-electronic equipment is reflected in recent manufacturer performance; according to WEG S.A., April 2025, in the 'Q1 2025 Earnings Release', net operating revenue surged by 25.5% year-over-year to 10.1 billion Brazilian Reals, driven by sustained demand for industrial motors and automation technologies. This financial trajectory highlights the accelerating adoption of next-generation, energy-efficient power transmission systems.

Key Players Profiled in the Parallel Shaft Geared Motors Market

  • Siemens AG
  • SEW-EURODRIVE GmbH & Co KG
  • NORD Drivesystems
  • Bosch Rexroth AG
  • Emerson Electric Co.
  • ABB Ltd.
  • Sumitomo Heavy Industries Ltd.
  • Bonfiglioli S.p.A.
  • Regal Rexnord Corporation
  • WEG S.A.

Report Scope

In this report, the Global Parallel Shaft Geared Motors Market has been segmented into the following categories:

Parallel Shaft Geared Motors Market, by Shaft Type:

  • Solid Shaft
  • Splined Hollow Shaft
  • Hollow Shaft with Shrink Disc

Parallel Shaft Geared Motors Market, by Stage:

  • 2-stage
  • 3-stage
  • Other Stages

Parallel Shaft Geared Motors Market, by Application:

  • Energy Industry
  • Food and Beverages
  • Automotive & Transportation
  • Others

Parallel Shaft Geared Motors Market, by Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Parallel Shaft Geared Motors Market.

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The analyst offers customization according to your specific needs. The following customization options are available for the report:
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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Parallel Shaft Geared Motors Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Shaft Type (Solid Shaft, Splined Hollow Shaft, Hollow Shaft with Shrink Disc)
5.2.2. By Stage (2-stage, 3-stage, Other Stages)
5.2.3. By Application (Energy Industry, Food and Beverages, Automotive & Transportation, Others)
5.2.4. By Region
5.2.5. By Company (2025)
5.3. Market Map
6. North America Parallel Shaft Geared Motors Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Shaft Type
6.2.2. By Stage
6.2.3. By Application
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Parallel Shaft Geared Motors Market Outlook
6.3.2. Canada Parallel Shaft Geared Motors Market Outlook
6.3.3. Mexico Parallel Shaft Geared Motors Market Outlook
7. Europe Parallel Shaft Geared Motors Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Shaft Type
7.2.2. By Stage
7.2.3. By Application
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Parallel Shaft Geared Motors Market Outlook
7.3.2. France Parallel Shaft Geared Motors Market Outlook
7.3.3. United Kingdom Parallel Shaft Geared Motors Market Outlook
7.3.4. Italy Parallel Shaft Geared Motors Market Outlook
7.3.5. Spain Parallel Shaft Geared Motors Market Outlook
8. Asia-Pacific Parallel Shaft Geared Motors Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Shaft Type
8.2.2. By Stage
8.2.3. By Application
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Parallel Shaft Geared Motors Market Outlook
8.3.2. India Parallel Shaft Geared Motors Market Outlook
8.3.3. Japan Parallel Shaft Geared Motors Market Outlook
8.3.4. South Korea Parallel Shaft Geared Motors Market Outlook
8.3.5. Australia Parallel Shaft Geared Motors Market Outlook
9. Middle East & Africa Parallel Shaft Geared Motors Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Shaft Type
9.2.2. By Stage
9.2.3. By Application
9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Parallel Shaft Geared Motors Market Outlook
9.3.2. UAE Parallel Shaft Geared Motors Market Outlook
9.3.3. South Africa Parallel Shaft Geared Motors Market Outlook
10. South America Parallel Shaft Geared Motors Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Shaft Type
10.2.2. By Stage
10.2.3. By Application
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Parallel Shaft Geared Motors Market Outlook
10.3.2. Colombia Parallel Shaft Geared Motors Market Outlook
10.3.3. Argentina Parallel Shaft Geared Motors Market Outlook
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Mergers & Acquisitions (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Parallel Shaft Geared Motors Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Siemens AG
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. SEW-EURODRIVE GmbH & Co KG
15.3. NORD Drivesystems
15.4. Bosch Rexroth AG
15.5. Emerson Electric Co.
15.6. ABB Ltd
15.7. Sumitomo Heavy Industries Ltd
15.8. Bonfiglioli S.p.A.
15.9. Regal Rexnord Corporation
15.10. WEG S.A.
16. Strategic Recommendations

Companies Mentioned

The key players profiled in this Parallel Shaft Geared Motors market report include:
  • Siemens AG
  • SEW-EURODRIVE GmbH & Co KG
  • NORD Drivesystems
  • Bosch Rexroth AG
  • Emerson Electric Co.
  • ABB Ltd
  • Sumitomo Heavy Industries Ltd
  • Bonfiglioli S.p.A.
  • Regal Rexnord Corporation
  • WEG S.A.

Table Information