Market Overview:
The global external gear motors 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 external gear motors in mobile applications, factory automation, machinery applications, and engineering applications. Additionally, the growing demand for energy-efficient and high-performance external gear motors is also contributing to the growth of this market.
Product Definition:
External gear motors are a type of motor that uses gears to transfer power from the motor to the device being powered. This type of motor is often used in devices where high torque is needed, such as industrial equipment or robotics.
High Performance Type:
High performance type is a gear motor with high torque and speed. They are used in applications such as industrial machinery, material handling equipment, construction equipment, mining equipment and others.
The market for high-performance type gear motors is expected to witness significant growth over the forecast period owing to its wide range of application areas coupled with low maintenance requirements.
Standard Type:
The standard type is used in external gear motors to convert the rotation into usable power. It comprises of a main shaft, a rotor, and an output gear. The main shaft is connected by a universal joint to the input gear and the rotor which can be further divided into two segments; namely North & South Rotor and East & West Rotor.
The speed of the motor is controlled by changing either; ratio or count of gears between output gear and input one.
Application Insights:
The machinery applications segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the high demand from construction, mining, agriculture and other industrial sectors. The mobile applications segment is expected to witness significant growth during the forecast period owing to increasing use in smartphones, tablets, laptops and cameras among others.
External DC motors are used for various purposes such as controlling machine tools or robots; providing power for handheld devices like smartphones or tablets; operating surveillance systems; driving agricultural equipment such as tractors & harvesters; milling machines & lathe machines etcetera.
Regional Analysis:
Asia Pacific is expected to be the largest market over the forecast period owing to increasing demand for industrial automation. The region accounted for a share of more than 35% in 2017 and is estimated to reach USD X million by 2030. This can be attributed to rising investments in manufacturing facilities, rapid industrialization, and growing adoption of motorized equipment in various applications across industries including food & beverage, chemicals & petrochemicals, automotive among others.
The Asia Pacific was followed by Europe that accounted for a share of more than 30%in 2017 owing to high demand from countries including Germany and France among other Eastern European countries as well as Italy and Spain among other Western European countries.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of automation in various industries
- Rising popularity of renewable energy sources
- Proliferation of the Internet-of-Things (IoT) and smart devices
- Emerging economies presenting lucrative growth opportunities
Scope Of The Report
Report Attributes
Report Details
Report Title
External Gear Motors Market Research Report
By Type
High Performance Type, Standard Type
By Application
Mobile Applications, Factory Automation, Machinery Applications, Engineering
By Companies
Bosch Rexroth, Parker, Mitsubishi Electric, Rotary Power, Kawasaki, HYDAC, Bison Gear, Multi Products, Bosch Rexroth
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global External Gear Motors Market Report Segments:
The global External Gear Motors market is segmented on the basis of:
Types
High Performance Type, Standard 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
Mobile Applications, Factory Automation, Machinery Applications, Engineering
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:
- Bosch Rexroth
- Parker
- Mitsubishi Electric
- Rotary Power
- Kawasaki
- HYDAC
- Bison Gear
- Multi Products
- Bosch Rexroth
Highlights of The External Gear 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:
- High Performance Type
- Standard Type
- By Application:
- Mobile Applications
- Factory Automation
- Machinery Applications
- Engineering
- 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 External Gear 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?
External gear motors are typically used in industrial applications, such as for moving heavy objects. They are also sometimes called industrial motors or agricultural motors.
Some of the major players in the external gear motors market are Bosch Rexroth, Parker, Mitsubishi Electric, Rotary Power, Kawasaki, HYDAC, Bison Gear, Multi Products, Bosch Rexroth.
The external gear motors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 External Gear Motors 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 External Gear Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 External Gear Motors 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 External Gear Motors 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 External Gear Motors Market Size & Forecast, 2020-2028
4.5.1 External Gear Motors Market Size and Y-o-Y Growth
4.5.2 External Gear Motors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 High Performance Type
5.2.2 Standard Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Mobile Applications
6.2.2 Factory Automation
6.2.3 Machinery Applications
6.2.4 Engineering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global External Gear Motors 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 External Gear Motors 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 High Performance Type
9.6.2 Standard 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 Market Size Forecast by Applications
9.10.1 Mobile Applications
9.10.2 Factory Automation
9.10.3 Machinery Applications
9.10.4 Engineering
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 High Performance Type
10.6.2 Standard 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 Market Size Forecast by Applications
10.10.1 Mobile Applications
10.10.2 Factory Automation
10.10.3 Machinery Applications
10.10.4 Engineering
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 High Performance Type
11.6.2 Standard 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 Market Size Forecast by Applications
11.10.1 Mobile Applications
11.10.2 Factory Automation
11.10.3 Machinery Applications
11.10.4 Engineering
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 High Performance Type
12.6.2 Standard 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 Market Size Forecast by Applications
12.10.1 Mobile Applications
12.10.2 Factory Automation
12.10.3 Machinery Applications
12.10.4 Engineering
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 High Performance Type
13.6.2 Standard 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) Market Size Forecast by Applications
13.10.1 Mobile Applications
13.10.2 Factory Automation
13.10.3 Machinery Applications
13.10.4 Engineering
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 External Gear Motors Market: Competitive Dashboard
14.2 Global External Gear Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch Rexroth
14.3.2 Parker
14.3.3 Mitsubishi Electric
14.3.4 Rotary Power
14.3.5 Kawasaki
14.3.6 HYDAC
14.3.7 Bison Gear
14.3.8 Multi Products
14.3.9 Bosch Rexroth
