Market Overview:
The global cycloid gearmotor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cycloid gearmotors in various applications, such as petroleum industry, construction industry, mining industry, food industry, robotics and others. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. However, fluctuations in prices of raw materials may hamper the growth of this market during the forecast period.
Product Definition:
A cycloid gearmotor is a type of geared motor that uses a cycloidal gear to transmit power. Cycloidal gears are composed of two circular gears that are mounted on parallel axes and share a common center. The teeth on the gears mesh together to form a spiral shape, which allows them to rotate around each other without touching. This makes cycloidal gearmotors ideal for high-speed applications where traditional spur or helical gears would experience wear and tear.
Horizontal Type:
Horizontal type is a gear mechanism that has been used in various applications such as bicycles, printing press, and automobiles. In the case of automobiles it can be utilized for both input (driving) and output (driven) gears. The horizontal type cycloid gearmotor utilizes two interlocking discs to convert rotary motion into linear movement along with the application of gravity acting on the system.
Vertical Type:
Vertical type is the simplest form of gear. It has only one tooth and it's placed at the bottom of the gear. The vertical type can be used in any kind of gears, but they are mostly used in cycloid gears because they have special features like low speed and high efficiency as compared to other kinds of gears.
Application Insights:
The construction industry accounted for the largest share of over 30.0% in 2017 and is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for cycloid gears from various applications, such as agriculture machinery & equipment, material handling equipment, mining vehicles and trucks, forestry products transportation etc.
Petroleum industry was one of the major application segments that accounted for a considerable market share in 2017 owing to its extensive use in drilling rigs and offshore platforms along with other marine applications including ships and submarines. Growing demand for petroleum products coupled with an increase in production is anticipated to boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising industrialization, increasing investments in automation, and favorable government policies across countries such as China, India, Japan, South Korea. Moreover; rapid urbanization coupled with growing consumerism has led to an increase in construction activities which will drive product demand further.
The European market is anticipated to witness significant growth over the forecast period owing to a rise in cycloid gearmotors' application areas including robotics & automation and others such as medical equipment manufacturing sector. Increasing use of cycloid gearmotor for space exploration applications is also expected drive regional product demand shortly thereafter’s reference).
Growth Factors:
- Increasing demand for Cycloid Gearmotor in the automotive industry for power steering systems and other applications
- Growing demand from the industrial sector for use in conveyor systems, packaging equipment, and other machinery
- Rising popularity of cycloidal gearmotors in renewable energy applications such as wind turbines and solar arrays
- Advances in technology that have led to smaller, more efficient gearboxes with higher torque densities
- The increasing trend of miniaturization across a variety of industries is also benefiting the Cycloid Gearmotor market as smaller gearmotors are being used in more products
Scope Of The Report
Report Attributes
Report Details
Report Title
Cycloid Gearmotor Market Research Report
By Type
Horizontal Type, Vertical Type
By Application
Petroleum Industry, Construction Industry, Mining Industry, Food Industry, Robotics, Others
By Companies
SUMITOMO, Nabtesco, Guomao, Jiangsu Tailong, Taixing, Transmission Machinery Co, Fixedstar, ONVIO, Nidec-Shimpo, TG Drives
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Cycloid Gearmotor Market Report Segments:
The global Cycloid Gearmotor market is segmented on the basis of:
Types
Horizontal Type, Vertical Type
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
Petroleum Industry, Construction Industry, Mining Industry, Food Industry, Robotics, Others
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:
- SUMITOMO
- Nabtesco
- Guomao
- Jiangsu Tailong
- Taixing
- Transmission Machinery Co
- Fixedstar
- ONVIO
- Nidec-Shimpo
- TG Drives
Highlights of The Cycloid Gearmotor 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:
- Horizontal Type
- Vertical Type
- By Application:
- Petroleum Industry
- Construction Industry
- Mining Industry
- Food Industry
- Robotics
- Others
- 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 Cycloid Gearmotor 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?
A cycloid gearmotor is a type of electric motor that uses a ring gear and pinion to create rotational motion. The name comes from the fact that the gears rotate around a circular path.
Some of the major players in the cycloid gearmotor market are SUMITOMO, Nabtesco, Guomao, Jiangsu Tailong, Taixing, Transmission Machinery Co, Fixedstar, ONVIO, Nidec-Shimpo, TG Drives.
The cycloid gearmotor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cycloid Gearmotor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cycloid Gearmotor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cycloid Gearmotor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cycloid Gearmotor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cycloid Gearmotor Market Size & Forecast, 2018-2028
4.5.1 Cycloid Gearmotor Market Size and Y-o-Y Growth
4.5.2 Cycloid Gearmotor Market Absolute $ Opportunity
Chapter 5 Global Cycloid Gearmotor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cycloid Gearmotor Market Size Forecast by Type
5.2.1 Horizontal Type
5.2.2 Vertical Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cycloid Gearmotor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cycloid Gearmotor Market Size Forecast by Applications
6.2.1 Petroleum Industry
6.2.2 Construction Industry
6.2.3 Mining Industry
6.2.4 Food Industry
6.2.5 Robotics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cycloid Gearmotor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cycloid Gearmotor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cycloid Gearmotor Analysis and Forecast
9.1 Introduction
9.2 North America Cycloid Gearmotor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cycloid Gearmotor Market Size Forecast by Type
9.6.1 Horizontal Type
9.6.2 Vertical Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cycloid Gearmotor Market Size Forecast by Applications
9.10.1 Petroleum Industry
9.10.2 Construction Industry
9.10.3 Mining Industry
9.10.4 Food Industry
9.10.5 Robotics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cycloid Gearmotor Analysis and Forecast
10.1 Introduction
10.2 Europe Cycloid Gearmotor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cycloid Gearmotor Market Size Forecast by Type
10.6.1 Horizontal Type
10.6.2 Vertical Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cycloid Gearmotor Market Size Forecast by Applications
10.10.1 Petroleum Industry
10.10.2 Construction Industry
10.10.3 Mining Industry
10.10.4 Food Industry
10.10.5 Robotics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cycloid Gearmotor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cycloid Gearmotor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cycloid Gearmotor Market Size Forecast by Type
11.6.1 Horizontal Type
11.6.2 Vertical Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cycloid Gearmotor Market Size Forecast by Applications
11.10.1 Petroleum Industry
11.10.2 Construction Industry
11.10.3 Mining Industry
11.10.4 Food Industry
11.10.5 Robotics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cycloid Gearmotor Analysis and Forecast
12.1 Introduction
12.2 Latin America Cycloid Gearmotor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cycloid Gearmotor Market Size Forecast by Type
12.6.1 Horizontal Type
12.6.2 Vertical Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cycloid Gearmotor Market Size Forecast by Applications
12.10.1 Petroleum Industry
12.10.2 Construction Industry
12.10.3 Mining Industry
12.10.4 Food Industry
12.10.5 Robotics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cycloid Gearmotor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cycloid Gearmotor Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cycloid Gearmotor Market Size Forecast by Type
13.6.1 Horizontal Type
13.6.2 Vertical Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cycloid Gearmotor Market Size Forecast by Applications
13.10.1 Petroleum Industry
13.10.2 Construction Industry
13.10.3 Mining Industry
13.10.4 Food Industry
13.10.5 Robotics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cycloid Gearmotor Market: Competitive Dashboard
14.2 Global Cycloid Gearmotor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SUMITOMO
14.3.2 Nabtesco
14.3.3 Guomao
14.3.4 Jiangsu Tailong
14.3.5 Taixing
14.3.6 Transmission Machinery Co
14.3.7 Fixedstar
14.3.8 ONVIO
14.3.9 Nidec-Shimpo
14.3.10 TG Drives
