The global geared motors 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 energy efficient motors and growing demand for gearbox motors in the automotive sector.
Gearbox Motors: Gearbox motors are used in various applications such as metallurgy, cement & aggregates, automotive, power generation, construction and chemicals sectors. The gearbox motor segment accounted for the largest share of the global geared motor market in 2017 and is expected to continue its dominance throughout the forecast period due to its high efficiency levels and low maintenance costs when compared with other types of geared motors.
Gear Motor: Gear motor segment accounted for a significant share of the global geared motor market in 2017 due to their high efficiency levels when compared with other types of geared motors.
Some Of The Growth Factors Of This Market:
- Geared motors are used in a wide range of applications, including industrial machinery, agricultural equipment, and construction equipment.
- Geared motors are more efficient than other types of motors because they can be designed to operate at higher speeds with lower power consumption.
- The use of geared motors is expected to grow as the demand for electric vehicles increases and the need for more efficient engines increases as well.
- The use of geared motors is also expected to grow as the demand for electric vehicles increases and the need for more efficient engines increases as well.
- Geared motor technology has been around since 1873 when it was invented by James Watt.
Industry Growth Insights published a new data on “Geared Motors Market”. The research report is titled “Geared Motors Market research by Types (Gearbox, Gear Motor), By Applications (Metals & Mining, Cement & Aggregates, Automotive, Power Generation, Construction, Chemicals, Rubber & Plastics), By Players/Companies Maxon Motor, Siemens, Elecon, Framo Morat, Portescap, Varvel, Leroy Somer, WEG, Bauer Gear Motor, Bison, Johnson Electric, Sumitomo Drive, SEW-Eurodrive, BFT Automation, Bonfiglioli Riduttori, Winergy, Watt Drive Antriebstechnik, Brevini Power Transmission, Elecon Engineering, Eaton, China High Speed Transmission Equipment, Emerson Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Geared Motors Market Research Report
By Type
Gearbox, Gear Motor
By Application
Metals & Mining, Cement & Aggregates, Automotive, Power Generation, Construction, Chemicals, Rubber & Plastics
By Companies
Maxon Motor, Siemens, Elecon, Framo Morat, Portescap, Varvel, Leroy Somer, WEG, Bauer Gear Motor, Bison, Johnson Electric, Sumitomo Drive, SEW-Eurodrive, BFT Automation, Bonfiglioli Riduttori, Winergy, Watt Drive Antriebstechnik, Brevini Power Transmission, Elecon Engineering, Eaton, China High Speed Transmission Equipment, Emerson Electric
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Geared Motors Market Report Segments:
The global Geared Motors market is segmented on the basis of:
Types
Gearbox, Gear Motor
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
Metals & Mining, Cement & Aggregates, Automotive, Power Generation, Construction, Chemicals, Rubber & Plastics
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:
- Maxon Motor
- Siemens
- Elecon
- Framo Morat
- Portescap
- Varvel
- Leroy Somer
- WEG
- Bauer Gear Motor
- Bison
- Johnson Electric
- Sumitomo Drive
- SEW-Eurodrive
- BFT Automation
- Bonfiglioli Riduttori
- Winergy
- Watt Drive Antriebstechnik
- Brevini Power Transmission
- Elecon Engineering
- Eaton
- China High Speed Transmission Equipment
- Emerson Electric
Highlights of The Geared Motors 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:
- Gearbox
- Gear Motor
- By Application:
- Metals & Mining
- Cement & Aggregates
- Automotive
- Power Generation
- Construction
- Chemicals
- Rubber & Plastics
- 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 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 is a company that manufactures electric vehicles. It designs, builds and sells electric cars, trucks and SUVs.
Some of the major players in the geared motors market are Maxon Motor, Siemens, Elecon, Framo Morat, Portescap, Varvel, Leroy Somer, WEG, Bauer Gear Motor, Bison, Johnson Electric, Sumitomo Drive, SEW-Eurodrive, BFT Automation, Bonfiglioli Riduttori, Winergy, Watt Drive Antriebstechnik, Brevini Power Transmission, Elecon Engineering, Eaton, China High Speed Transmission Equipment, Emerson Electric.
The geared motors 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 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 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 Market - Supply Chain
4.5. Global Geared Motors Market Forecast
4.5.1. Geared Motors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Geared Motors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Geared Motors Market Absolute $ Opportunity
5. Global Geared Motors 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 Market Size and Volume Forecast by Type
5.3.1. Gearbox
5.3.2. Gear Motor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Geared Motors 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 Market Size and Volume Forecast by Application
6.3.1. Metals & Mining
6.3.2. Cement & Aggregates
6.3.3. Automotive
6.3.4. Power Generation
6.3.5. Construction
6.3.6. Chemicals
6.3.7. Rubber & Plastics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Geared Motors 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 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 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 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 Demand Share Forecast, 2019-2026
9. North America Geared Motors 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 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 Market Size and Volume Forecast by Application
9.4.1. Metals & Mining
9.4.2. Cement & Aggregates
9.4.3. Automotive
9.4.4. Power Generation
9.4.5. Construction
9.4.6. Chemicals
9.4.7. Rubber & Plastics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Geared Motors Market Size and Volume Forecast by Type
9.7.1. Gearbox
9.7.2. Gear Motor
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 Demand Share Forecast, 2019-2026
10. Latin America Geared Motors 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 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 Market Size and Volume Forecast by Application
10.4.1. Metals & Mining
10.4.2. Cement & Aggregates
10.4.3. Automotive
10.4.4. Power Generation
10.4.5. Construction
10.4.6. Chemicals
10.4.7. Rubber & Plastics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Geared Motors Market Size and Volume Forecast by Type
10.7.1. Gearbox
10.7.2. Gear Motor
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 Demand Share Forecast, 2019-2026
11. Europe Geared Motors 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 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 Market Size and Volume Forecast by Application
11.4.1. Metals & Mining
11.4.2. Cement & Aggregates
11.4.3. Automotive
11.4.4. Power Generation
11.4.5. Construction
11.4.6. Chemicals
11.4.7. Rubber & Plastics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Geared Motors Market Size and Volume Forecast by Type
11.7.1. Gearbox
11.7.2. Gear Motor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o- 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 Demand Share, 2019-2026
12. Asia Pacific Geared Motors 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 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 Market Size and Volume Forecast by Application
12.4.1. Metals & Mining
12.4.2. Cement & Aggregates
12.4.3. Automotive
12.4.4. Power Generation
12.4.5. Construction
12.4.6. Chemicals
12.4.7. Rubber & Plastics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Geared Motors Market Size and Volume Forecast by Type
12.7.1. Gearbox
12.7.2. Gear Motor
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 Demand Share, 2019-2026
13. Middle East & Africa Geared Motors 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 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 Market Size and Volume Forecast by Application
13.4.1. Metals & Mining
13.4.2. Cement & Aggregates
13.4.3. Automotive
13.4.4. Power Generation
13.4.5. Construction
13.4.6. Chemicals
13.4.7. Rubber & Plastics
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 Market Size and Volume Forecast by Type
13.7.1. Gearbox
13.7.2. Gear Motor
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 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Geared Motors Market: Market Share Analysis
14.2. Geared Motors Distributors and Customers
14.3. Geared Motors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Maxon Motor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elecon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Framo Morat
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Portescap
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Varvel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Leroy Somer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. WEG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bauer Gear Motor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bison
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Johnson Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sumitomo Drive
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SEW-Eurodrive
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BFT Automation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bonfiglioli Riduttori
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Winergy
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Watt Drive Antriebstechnik
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Brevini Power Transmission
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Elecon Engineering
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Eaton
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
