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The geared motors and drives market is forecasted to grow by USD 10.83 billion during 2024-2029, accelerating at a CAGR of 7.3% during the forecast period. The report on the geared motors and drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing importance of accuracy in quality control processes, rising need to maintain certification standards of industrial products, and increasing use of geared motor and drive systems in automotive plants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The geared motors and drives market is segmented as below:
By Type
- Geared motors
- Geared drives
By End-user
- Food and beverages
- Metals and mining
- Automotive
- Wind power
- Others
By Power Rating
- 7.5-75 kW
- Up to 7.5 kW
- Above 75 kW
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the geared motors and drives market covers the following areas:
- Geared Motors And Drives Market sizing
- Geared Motors And Drives Market forecast
- Geared Motors And Drives Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Market Segmentation by Power Rating
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global geared motors and drives market: ABB Ltd., Boneng Transmission Suzhou Co. Ltd., Bonfiglioli Riduttori Spa, Bosch Rexroth AG, Dana Inc., dematek GmbH and Co. KG, DieQua Corp., Eaton Corp. plc, Elecon Engineering Co. Ltd., Groschopp, Johnson Electric Holdings Ltd., Mitsubishi Electric Corp., Nidec Corp., Nord Gear Corp., Parker Hannifin Corp., SDT Drive Technology, SEW EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., and Watt Drive Antriebstechnik GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of magnetic gearboxes."
According to the report, one of the major drivers for this market is the growing importance of accuracy in quality control processes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Boneng Transmission Suzhou Co. Ltd.
- Bonfiglioli Riduttori Spa
- Bosch Rexroth AG
- Dana Inc.
- dematek GmbH and Co. KG
- DieQua Corp.
- Eaton Corp. plc
- Elecon Engineering Co. Ltd.
- Groschopp
- Johnson Electric Holdings Ltd.
- Mitsubishi Electric Corp.
- Nidec Corp.
- Nord Gear Corp.
- Parker Hannifin Corp.
- SDT Drive Technology
- SEW EURODRIVE GmbH and Co KG
- Siemens AG
- Sumitomo Heavy Industries Ltd.
- Watt Drive Antriebstechnik GmbH