Market Overview:
The global industrial geared motor 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 electric vehicles and rising investments in renewable energy sources. Additionally, the growing construction industry is also expected to drive the demand for industrial geared motors over the forecast period. Based on type, the global industrial geared motor market can be segmented into helical geared motors, bevel gear motors, worm gear motors and planetary gearmotors. Helical gears are used when a large speed reduction ratio is required in a small space with minimum noise and vibration levels. Bevel gears are used when two shafts intersect at an angle other than 90 degrees or when there is no straight path between them along which shafts could run parallel without interference from other components mounted on one or both shafts. Worm gears are mainly used for high-torque low-speed applications as they provide high mechanical efficiency. Planetary gearing systems offer several advantages such as compact size, high torque density and good load distribution over multiple planets. Based on application,the global industrial geared motor market can be segmented into automotive industry, food & beverages industry,, construction industry,, oil & gas,, agriculture industry,, chemicalindustryand paperindustryamong others.
Product Definition:
An industrial geared motor is a type of electric motor that has been designed for use in industrial applications. These motors are typically used to power equipment such as conveyor belts, pumps, and machines that require large amounts of torque. Industrial geared motors are important because they can provide the power needed to run heavy machinery and other industrial equipment.
Helical Geared Motors:
Helical Geared Motors (HGM) are used in various industrial applications such as pumps, fans, compressors and others. Helical gears are spiral-shaped cuttings having a gear ratio that is based on the number of teeth of the outermost diameter. The helix shape provides better torque at low speeds and high efficiency at higher speeds thus making it an ideal choice for various industrial applications.
Bevel Geared Motors:
Bevel geared motors are used in industrial applications where the output speed is required to be constant and the input torque varies with position. The product finds application in material handling, packaging, printing, coating & dispensing and assembly lines among others. They are also used as a substitute for conventional gearbox motors owing to their high efficiency at low cost and low maintenance levels.
Application Insights:
The automotive industry accounted for the largest market share of over 30% in 2017. The global demand has been witnessing a paradigm shift due to rising environmental concerns and energy efficiency is being considered as an important criterion by manufacturers. Moreover, the implementation of stringent government regulations regarding CO2 emissions has further compelled manufacturers to adopt low-emissions technologies, which in turn is driving the adoption of geared motors across this industry.
The food and beverage industry was one of the prominent applications that accounted for a significant share in 2017 owing to high product demand from packaging sector including corrugated boxes and paper cups. These motors are used for various purposes such as stirring homogenization heating or cooling processes using water or air among others making it an ideal choice for food processing industries worldwide including Canada China India Japan Mexico U.S.
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 industrialization, coupled with rising per capita income. Growing population and rising living standards have resulted in increased demand for consumer goods, such as automobiles, which is likely to drive industry expansion over the coming years.
The European market accounted for a significant share owing to growing product adoption across several major economies including Germany, Italy, France and U.K., among others. Moreover, high R&D investment by leading manufacturers coupled with technological advancements are also expected to fuel regional growth over the next eight years.
Growth Factors:
- Increasing demand from the automotive industry for electric vehicles and hybrid vehicles
- Growing demand for energy-efficient and high-performance motors from the industrial sector
- Rising adoption of geared motors in renewable energy applications such as wind turbines and solar photovoltaic (PV) systems
- Increasing investments in infrastructure development projects worldwide
- Proliferation of Internet of Things (IoT) across various industrial sectors, which is expected to create new opportunities for geared motor manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Geared Motor Market Research Report
By Type
Helical Geared Motors, Bevel Geared Motors, Worm Geared Motors, Planetary Geared Motors, Others
By Application
Automotive Industry, Food and Beverages Industry, Construction Industry, Oil & Gas, Agriculture Industry, Chemical Industry, Paper Industry, Others
By Companies
Siemens, Elecon Group, Johnson Electric, Framo Morat Group, Varvel, Bison Group, Emerson, Bauer Gear Motor, Sumitomo Drive Technologies, SEW-Eurodrive, Siemens, WEG, Lothian Electric Machines, Assun Motor, Teco Electric Company limited, Portescap
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Geared Motor Market Report Segments:
The global Industrial Geared Motor market is segmented on the basis of:
Types
Helical Geared Motors, Bevel Geared Motors, Worm Geared Motors, Planetary Geared Motors, Others
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
Automotive Industry, Food and Beverages Industry, Construction Industry, Oil & Gas, Agriculture Industry, Chemical Industry, Paper Industry, 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:
- Siemens
- Elecon Group
- Johnson Electric
- Framo Morat Group
- Varvel
- Bison Group
- Emerson
- Bauer Gear Motor
- Sumitomo Drive Technologies
- SEW-Eurodrive
- Siemens
- WEG
- Lothian Electric Machines
- Assun Motor
- Teco Electric Company limited
- Portescap
Highlights of The Industrial Geared Motor 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:
- Helical Geared Motors
- Bevel Geared Motors
- Worm Geared Motors
- Planetary Geared Motors
- Others
- By Application:
- Automotive Industry
- Food and Beverages Industry
- Construction Industry
- Oil & Gas
- Agriculture Industry
- Chemical Industry
- Paper Industry
- 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 Industrial Geared Motor 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?
Industrial geared motors are used in industrial applications such as agriculture, construction, mining and manufacturing. They are also used in transportation applications such as trains and trucks.
Some of the major players in the industrial geared motor market are Siemens, Elecon Group, Johnson Electric, Framo Morat Group, Varvel, Bison Group, Emerson, Bauer Gear Motor, Sumitomo Drive Technologies, SEW-Eurodrive, Siemens, WEG, Lothian Electric Machines, Assun Motor, Teco Electric Company limited, Portescap.
The industrial geared motor 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 Industrial Geared Motor 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 Industrial Geared Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Geared Motor 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 Industrial Geared Motor 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 Industrial Geared Motor Market Size & Forecast, 2020-2028
4.5.1 Industrial Geared Motor Market Size and Y-o-Y Growth
4.5.2 Industrial Geared Motor 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 Helical Geared Motors
5.2.2 Bevel Geared Motors
5.2.3 Worm Geared Motors
5.2.4 Planetary Geared Motors
5.2.5 Others
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 Automotive Industry
6.2.2 Food and Beverages Industry
6.2.3 Construction Industry
6.2.4 Oil & Gas
6.2.5 Agriculture Industry
6.2.6 Chemical Industry
6.2.7 Paper Industry
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Geared Motor 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 Industrial Geared Motor 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 Helical Geared Motors
9.6.2 Bevel Geared Motors
9.6.3 Worm Geared Motors
9.6.4 Planetary Geared Motors
9.6.5 Others
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 Automotive Industry
9.10.2 Food and Beverages Industry
9.10.3 Construction Industry
9.10.4 Oil & Gas
9.10.5 Agriculture Industry
9.10.6 Chemical Industry
9.10.7 Paper Industry
9.10.8 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 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 Helical Geared Motors
10.6.2 Bevel Geared Motors
10.6.3 Worm Geared Motors
10.6.4 Planetary Geared Motors
10.6.5 Others
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 Automotive Industry
10.10.2 Food and Beverages Industry
10.10.3 Construction Industry
10.10.4 Oil & Gas
10.10.5 Agriculture Industry
10.10.6 Chemical Industry
10.10.7 Paper Industry
10.10.8 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 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 Helical Geared Motors
11.6.2 Bevel Geared Motors
11.6.3 Worm Geared Motors
11.6.4 Planetary Geared Motors
11.6.5 Others
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 Automotive Industry
11.10.2 Food and Beverages Industry
11.10.3 Construction Industry
11.10.4 Oil & Gas
11.10.5 Agriculture Industry
11.10.6 Chemical Industry
11.10.7 Paper Industry
11.10.8 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 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 Helical Geared Motors
12.6.2 Bevel Geared Motors
12.6.3 Worm Geared Motors
12.6.4 Planetary Geared Motors
12.6.5 Others
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 Automotive Industry
12.10.2 Food and Beverages Industry
12.10.3 Construction Industry
12.10.4 Oil & Gas
12.10.5 Agriculture Industry
12.10.6 Chemical Industry
12.10.7 Paper Industry
12.10.8 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) 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 Helical Geared Motors
13.6.2 Bevel Geared Motors
13.6.3 Worm Geared Motors
13.6.4 Planetary Geared Motors
13.6.5 Others
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 Automotive Industry
13.10.2 Food and Beverages Industry
13.10.3 Construction Industry
13.10.4 Oil & Gas
13.10.5 Agriculture Industry
13.10.6 Chemical Industry
13.10.7 Paper Industry
13.10.8 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 Industrial Geared Motor Market: Competitive Dashboard
14.2 Global Industrial Geared Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Elecon Group
14.3.3 Johnson Electric
14.3.4 Framo Morat Group
14.3.5 Varvel
14.3.6 Bison Group
14.3.7 Emerson
14.3.8 Bauer Gear Motor
14.3.9 Sumitomo Drive Technologies
14.3.10 SEW-Eurodrive
14.3.11 Siemens
14.3.12 WEG
14.3.13 Lothian Electric Machines
14.3.14 Assun Motor
14.3.15 Teco Electric Company limited
14.3.16 Portescap
