Market Overview:
The global cycloidal drives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cycloidal drives in various industries such as petroleum, construction, mining, food and robotics. Additionally, the growing demand for energy-efficient and low-noise drives is also contributing to the growth of this market. Based on type, the global cycloidal drives market can be segmented into horizontal-type and vertical-type. The horizontal-type segment is expected to account for a larger share of the global cycloidal drives market than the vertical-type segment during the forecast period from 2018 to 2030.
Product Definition:
Cycloidal drives are a type of gear drive that uses a cycloidal gear to transmit power. They are used where high torque and low speed are required.
Horizontal-type:
Horizontal-type cycloidal drives are used in various verticals such as agriculture, marine and industrial applications. The growth factor for this market is mainly attributed to the growing demand from Asia Pacific countries such as India, China and Japan. These countries have a large number of industries that require cycloidal drives for automation purposes.
The horizontal type has advantages over the vertical type including less maintenance cost due to fewer belts.
Vertical-type:
Vertical-type is a type of cycloidal drive. It uses centrifugal force to move the chainrings or crankshaft in a vertical plane. The main advantage of this system is that it requires less power than the horizontal systems, making it suitable for electric vehicles and other applications where power is limited.
The key components involved in the working of vertical-type are: sprocket, chainring, cassette, and hub (if used).
Application Insights:
The global cycloidal drives market has been segmented on the basis of application into petroleum industry, construction industry, mining industry, food and beverages industry robotics and other industries. The construction sector was the largest application segment in 2017. It is expected to witness significant growth over the forecast period owing to increasing industrialization in developing countries such as India and China.
The demand for cycloidal drives from within the automotive sector is expected to increase significantly over the forecast period due to their use in applications such as valve automation systems, valve closure devices, safety valves and others. Automotive manufacturers are focusing on reducing weight of an automobile for improving fuel efficiency which will eventually drive demand from within this sector over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, coupled with rising industrial output and favorable government policies. China is one of the largest markets for cycloidal drives owing to presence of a large number of mining companies as well as construction firms that use these machines for heavy-duty applications.
The Middle East & Africa market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to rapid development taking place in various sectors including oil & gas, water management, mining, food processing among others. Moreover, increasing demand from countries such as South Africa for cycloidal drives due their huge requirements from agriculture industry are expected drive regional growth during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand from the automotive industry for fuel-efficient and low-emission vehicles
- Growing popularity of cycloidal drives in renewable energy applications such as wind turbines and solar energy systems
- Rising demand for precision motion control in a wide range of industrial applications
- Advances in technology that have led to the development of more efficient and compact cycloidal drives
- The increasing trend towards miniaturization and automation across a broad range of industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Cycloidal Drives 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, SUMITOMO
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Cycloidal Drives Market Report Segments:
The global Cycloidal Drives 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
- SUMITOMO
Highlights of The Cycloidal 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:
- 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 Cycloidal 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
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- 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?
Cycloidal drives are a type of electric motor that uses a rotating ring to create motion. This type of motor is often used in applications where high torque and low speed are required, such as in industrial machinery or vehicles. Cycloidal drives offer several advantages over traditional motors, including reduced noise and vibration levels, increased efficiency, and decreased operating costs.
Some of the key players operating in the cycloidal drives market are SUMITOMO, Nabtesco, Guomao, Jiangsu Tailong, Taixing, Transmission Machinery Co, Fixedstar, ONVIO, SUMITOMO.
The cycloidal drives 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 Cycloidal Drives 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 Cycloidal Drives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives Market Size & Forecast, 2018-2028
4.5.1 Cycloidal Drives Market Size and Y-o-Y Growth
4.5.2 Cycloidal Drives Market Absolute $ Opportunity
Chapter 5 Global Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives Analysis and Forecast
9.1 Introduction
9.2 North America Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives Analysis and Forecast
10.1 Introduction
10.2 Europe Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives Analysis and Forecast
12.1 Introduction
12.2 Latin America Cycloidal Drives 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 Cycloidal Drives 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 Cycloidal Drives 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) Cycloidal Drives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cycloidal Drives 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) Cycloidal Drives 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) Cycloidal Drives 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 Cycloidal Drives Market: Competitive Dashboard
14.2 Global Cycloidal Drives 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 SUMITOMO
