The global geared motors and drives market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The market is driven by factors such as increasing demand for automation in various industries, growing need for energy efficiency, and rising demand for electric vehicles.
Geared motors are used in various applications such as food and beverage, metals and mining, automotive, wind power, oil and gas, pulp and paper etc, which are driving the growth of this market. Geared drives are used in various applications such as food and beverage industry (e.g., coffee roasting), metal industry (e.g., rolling mills), automotive industry (e.g., gearboxes), wind power industry (e.g., gearboxes) etc; these applications are driving the growth of this market.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric vehicles is expected to drive the growth of the geared motors and drives market.
- The increasing use of geared motors in various industries such as automotive, aerospace, and industrial is expected to drive the growth of the geared motors and drives market.
- The increasing demand for high-performance gearboxes in various industries such as automotive, aerospace, and industrial is expected to drive the growth of the geared motors and drives market.
- The growing need for energy efficiency in various industries such as automotive, aerospace, and industrial is expected to drive the growth of the geared motors and drives market.
- Increasing investments by key players in research & development activities are also driving this market.
Industry Growth Insights published a new data on “Geared Motors and Drives Market”. The research report is titled “Geared Motors and Drives Market research by Types (Geared Motors, Geared Drives), By Applications (Food and Beverage, Metals and Mining, Automotive, Wind Power, Oil and Gas, Pulp and Paper, Other), By Players/Companies ABB, Bonfiglioli, Mitsubishi, Regal Beloit, Siemens, Sumitomo Heavy Industries, Altra Industrial Motion, Anaheim Automation, Boneng, Dana Brevini Power – Transmission, Dematek AB, Eaton, Elecon Engineering, Groschopp, Johnson Electric, NORD Drivesystems, SEW-Eurodrive, SDT Drive Technology, Watt Drive WEG Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Geared Motors and Drives Market Research Report
By Type
Geared Motors, Geared Drives
By Application
Food and Beverage, Metals and Mining, Automotive, Wind Power, Oil and Gas, Pulp and Paper, Other
By Companies
ABB, Bonfiglioli, Mitsubishi, Regal Beloit, Siemens, Sumitomo Heavy Industries, Altra Industrial Motion, Anaheim Automation, Boneng, Dana Brevini Power – Transmission, Dematek AB, Eaton, Elecon Engineering, Groschopp, Johnson Electric, NORD Drivesystems, SEW-Eurodrive, SDT Drive Technology, Watt Drive WEG Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Geared Motors and Drives Market Report Segments:
The global Geared Motors and Drives market is segmented on the basis of:
Types
Geared Motors, Geared Drives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Metals and Mining, Automotive, Wind Power, Oil and Gas, Pulp and Paper, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Bonfiglioli
- Mitsubishi
- Regal Beloit
- Siemens
- Sumitomo Heavy Industries
- Altra Industrial Motion
- Anaheim Automation
- Boneng
- Dana Brevini Power – Transmission
- Dematek AB
- Eaton
- Elecon Engineering
- Groschopp
- Johnson Electric
- NORD Drivesystems
- SEW-Eurodrive
- SDT Drive Technology
- Watt Drive WEG Group
Highlights of The Geared Motors and Drives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Geared Motors
- Geared Drives
- By Application:
- Food and Beverage
- Metals and Mining
- Automotive
- Wind Power
- Oil and Gas
- Pulp and Paper
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Geared Motors and Drives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Geared motors and drives are devices that use gearing to change the rotational speed of a motor. This allows for more precise control over movement, which can be useful in applications like robotics or machine tools.
Some of the major companies in the geared motors and drives market are ABB, Bonfiglioli, Mitsubishi, Regal Beloit, Siemens, Sumitomo Heavy Industries, Altra Industrial Motion, Anaheim Automation, Boneng, Dana Brevini Power ¢â‚¬â€œ Transmission, Dematek AB, Eaton, Elecon Engineering, Groschopp, Johnson Electric, NORD Drivesystems, SEW-Eurodrive, SDT Drive Technology, Watt Drive WEG Group.
The geared motors and drives market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Geared Motors and Drives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Geared Motors and Drives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Geared Motors and Drives Market - Supply Chain
4.5. Global Geared Motors and Drives Market Forecast
4.5.1. Geared Motors and Drives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Geared Motors and Drives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Geared Motors and Drives Market Absolute $ Opportunity
5. Global Geared Motors and Drives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Geared Motors and Drives Market Size and Volume Forecast by Type
5.3.1. Geared Motors
5.3.2. Geared Drives
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Geared Motors and Drives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Geared Motors and Drives Market Size and Volume Forecast by Application
6.3.1. Food and Beverage
6.3.2. Metals and Mining
6.3.3. Automotive
6.3.4. Wind Power
6.3.5. Oil and Gas
6.3.6. Pulp and Paper
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Geared Motors and Drives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Geared Motors and Drives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Geared Motors and Drives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Geared Motors and Drives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Geared Motors and Drives Demand Share Forecast, 2019-2026
9. North America Geared Motors and Drives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Geared Motors and Drives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Geared Motors and Drives Market Size and Volume Forecast by Application
9.4.1. Food and Beverage
9.4.2. Metals and Mining
9.4.3. Automotive
9.4.4. Wind Power
9.4.5. Oil and Gas
9.4.6. Pulp and Paper
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Geared Motors and Drives Market Size and Volume Forecast by Type
9.7.1. Geared Motors
9.7.2. Geared Drives
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Geared Motors and Drives Demand Share Forecast, 2019-2026
10. Latin America Geared Motors and Drives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Geared Motors and Drives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Geared Motors and Drives Market Size and Volume Forecast by Application
10.4.1. Food and Beverage
10.4.2. Metals and Mining
10.4.3. Automotive
10.4.4. Wind Power
10.4.5. Oil and Gas
10.4.6. Pulp and Paper
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Geared Motors and Drives Market Size and Volume Forecast by Type
10.7.1. Geared Motors
10.7.2. Geared Drives
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Geared Motors and Drives Demand Share Forecast, 2019-2026
11. Europe Geared Motors and Drives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Geared Motors and Drives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Geared Motors and Drives Market Size and Volume Forecast by Application
11.4.1. Food and Beverage
11.4.2. Metals and Mining
11.4.3. Automotive
11.4.4. Wind Power
11.4.5. Oil and Gas
11.4.6. Pulp and Paper
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Geared Motors and Drives Market Size and Volume Forecast by Type
11.7.1. Geared Motors
11.7.2. Geared Drives
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Geared Motors and Drives Demand Share, 2019-2026
12. Asia Pacific Geared Motors and Drives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Geared Motors and Drives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Geared Motors and Drives Market Size and Volume Forecast by Application
12.4.1. Food and Beverage
12.4.2. Metals and Mining
12.4.3. Automotive
12.4.4. Wind Power
12.4.5. Oil and Gas
12.4.6. Pulp and Paper
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Geared Motors and Drives Market Size and Volume Forecast by Type
12.7.1. Geared Motors
12.7.2. Geared Drives
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Geared Motors and Drives Demand Share, 2019-2026
13. Middle East & Africa Geared Motors and Drives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Geared Motors and Drives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Geared Motors and Drives Market Size and Volume Forecast by Application
13.4.1. Food and Beverage
13.4.2. Metals and Mining
13.4.3. Automotive
13.4.4. Wind Power
13.4.5. Oil and Gas
13.4.6. Pulp and Paper
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Geared Motors and Drives Market Size and Volume Forecast by Type
13.7.1. Geared Motors
13.7.2. Geared Drives
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Geared Motors and Drives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Geared Motors and Drives Market: Market Share Analysis
14.2. Geared Motors and Drives Distributors and Customers
14.3. Geared Motors and Drives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bonfiglioli
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Regal Beloit
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sumitomo Heavy Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Altra Industrial Motion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Anaheim Automation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Boneng
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dana Brevini Power Transmission
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dematek AB
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Eaton
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Elecon Engineering
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Groschopp
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Johnson Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. NORD Drivesystems
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SEW-Eurodrive
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SDT Drive Technology
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Watt Drive WEG Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
