Market Overview:
The Global Monorail Geared Motor Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for monorail geared motors in various applications such as energy industry, chemical, food, automotive and transportation, and others. Asia Pacific is expected to be the fastest-growing region for the global monorail geared motor market during the forecast period.
Product Definition:
A monorail geared motor is a device that uses gears to convert rotational motion into linear motion. This type of motor is often used in monorail systems, which are transportation systems that use a single rail to guide vehicles. The importance of these motors lies in their ability to move heavy objects quickly and efficiently.
1-stage:
1-stage motors are the simplest type of traction motor. They have only one moving part, which is mounted directly on the rotor and they are used in monorail vehicles to provide direct drive to the axles. The simple construction of these motors makes them very efficient and cost effective for use in monorail vehicles.
2-stage:
2-stage Geared Motors are used in applications where the speed of the vehicle is not critical and low torque is required. These motors have two output shafts, one of which is fixed and mounted directly to a rotating part while the other shaft can be freely rotates on it's own. The advantage of using these motors over 1-stage counterparts is that they reduce overall system cost as well as size & weight.
Application Insights:
The energy industry was the dominant segment in terms of revenue share in 2017. Monorail geared motors are used for various applications such as power generation, material handling, and transportation. The chemical industry is expected to be one of the fastest-growing segments over the forecast period owing to increasing demand for monorail geared motors from various industries such as oil & gas, pharmaceuticals, food & beverage processing and paper mills.
Automotive and transportation is another key application sector where monorail motor systems are widely used due to their compactness and ease of installation. Moreover, they offer a high degree of safety due to low maintenance costs associated with them which makes them highly preferred across automotive applications globally.
Regional Analysis:
Asia Pacific dominated the global monorail geared motor market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased passenger traffic on monorail systems. Monorails are a key component of modern transportation infrastructure and have been increasingly adopted by governments for efficient urban transport solutions owing to their low-cost advantage over other modes of transport such as buses and trains.
The Asia Pacific regional market was valued at USD X million in 2017, wherein China held the largest revenue share with respect to both production as well as consumption of these motors across all regions. Japan is also anticipated to witness significant growth during the forecast period owing to increasing government investments for improving public transportation system within its cities along with expanding tourism activities at various tourist destinations including Tokyo Disneyland, Universal Studios Japan, Mount Fujiyama, Hakone Yumoto Gorge Route etc.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for monorail geared motors, as they are used in electric vehicles.
- Growing urbanization: The trend of urbanization is increasing worldwide, which is leading to an increase in the number of people living in cities. This will result in an increase in the need for transportation systems, such as monorail systems, within cities.
- Rising disposable income: A rise in disposable income leads to an increase in spending on transportation and other luxury items, such as monorail systems. Thus, rising disposable income will fuel the growth of the global monorail geared motor market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Monorail Geared Motor Market Research Report
By Type
1-stage, 2-stage, 3-stage, Multi-stage
By Application
Energy Industry, Chemical, Food, Automotive and Transportation, Others
By Companies
Siemens, SEW-Eurodrive, Nord, Bosch Rexroth, Emerson, ABB, Sumitomo Heavy Industries, Bonfiglioli, Rexnord, WEG, TECO, Watt Drive Antriebstechnik GmbH, Bauer Gear Motor, STOBER, ZAE AntriebsSysteme, JiangSu Tai Xing Long Reducer, Zhejiang Tongli Heavy Gear, Jiangsu Haoke, Hongtai, Hsiang Neng
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Monorail Geared Motor Market Report Segments:
The global Monorail Geared Motor market is segmented on the basis of:
Types
1-stage, 2-stage, 3-stage, Multi-stage
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
Energy Industry, Chemical, Food, Automotive and Transportation, 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
- SEW-Eurodrive
- Nord
- Bosch Rexroth
- Emerson
- ABB
- Sumitomo Heavy Industries
- Bonfiglioli
- Rexnord
- WEG
- TECO
- Watt Drive Antriebstechnik GmbH
- Bauer Gear Motor
- STOBER
- ZAE AntriebsSysteme
- JiangSu Tai Xing Long Reducer
- Zhejiang Tongli Heavy Gear
- Jiangsu Haoke
- Hongtai
- Hsiang Neng
Highlights of The Monorail 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:
- 1-stage
- 2-stage
- 3-stage
- Multi-stage
- By Application:
- Energy Industry
- Chemical
- Food
- Automotive and Transportation
- 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 Monorail 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?
A monorail geared motor is a type of electric motor that uses a gearbox to change the rotational speed of the motor. This allows it to be used in applications where high speeds are required, such as transportation systems or industrial machinery.
Some of the major companies in the monorail geared motor market are Siemens, SEW-Eurodrive, Nord, Bosch Rexroth, Emerson, ABB, Sumitomo Heavy Industries, Bonfiglioli, Rexnord, WEG, TECO, Watt Drive Antriebstechnik GmbH, Bauer Gear Motor, STOBER, ZAE AntriebsSysteme, JiangSu Tai Xing Long Reducer, Zhejiang Tongli Heavy Gear, Jiangsu Haoke, Hongtai, Hsiang Neng.
The monorail 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 Monorail 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 Monorail Geared Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Monorail 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 Monorail 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 Monorail Geared Motor Market Size & Forecast, 2018-2028
4.5.1 Monorail Geared Motor Market Size and Y-o-Y Growth
4.5.2 Monorail Geared Motor Market Absolute $ Opportunity
Chapter 5 Global Monorail Geared Motor 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 Monorail Geared Motor Market Size Forecast by Type
5.2.1 1-stage
5.2.2 2-stage
5.2.3 3-stage
5.2.4 Multi-stage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Monorail Geared Motor 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 Monorail Geared Motor Market Size Forecast by Applications
6.2.1 Energy Industry
6.2.2 Chemical
6.2.3 Food
6.2.4 Automotive and Transportation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monorail 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 Monorail 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 Monorail Geared Motor Analysis and Forecast
9.1 Introduction
9.2 North America Monorail Geared Motor 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 Monorail Geared Motor Market Size Forecast by Type
9.6.1 1-stage
9.6.2 2-stage
9.6.3 3-stage
9.6.4 Multi-stage
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 Monorail Geared Motor Market Size Forecast by Applications
9.10.1 Energy Industry
9.10.2 Chemical
9.10.3 Food
9.10.4 Automotive and Transportation
9.10.5 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 Monorail Geared Motor Analysis and Forecast
10.1 Introduction
10.2 Europe Monorail Geared Motor 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 Monorail Geared Motor Market Size Forecast by Type
10.6.1 1-stage
10.6.2 2-stage
10.6.3 3-stage
10.6.4 Multi-stage
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 Monorail Geared Motor Market Size Forecast by Applications
10.10.1 Energy Industry
10.10.2 Chemical
10.10.3 Food
10.10.4 Automotive and Transportation
10.10.5 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 Monorail Geared Motor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Monorail Geared Motor 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 Monorail Geared Motor Market Size Forecast by Type
11.6.1 1-stage
11.6.2 2-stage
11.6.3 3-stage
11.6.4 Multi-stage
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 Monorail Geared Motor Market Size Forecast by Applications
11.10.1 Energy Industry
11.10.2 Chemical
11.10.3 Food
11.10.4 Automotive and Transportation
11.10.5 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 Monorail Geared Motor Analysis and Forecast
12.1 Introduction
12.2 Latin America Monorail Geared Motor 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 Monorail Geared Motor Market Size Forecast by Type
12.6.1 1-stage
12.6.2 2-stage
12.6.3 3-stage
12.6.4 Multi-stage
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 Monorail Geared Motor Market Size Forecast by Applications
12.10.1 Energy Industry
12.10.2 Chemical
12.10.3 Food
12.10.4 Automotive and Transportation
12.10.5 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) Monorail Geared Motor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Monorail Geared Motor 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) Monorail Geared Motor Market Size Forecast by Type
13.6.1 1-stage
13.6.2 2-stage
13.6.3 3-stage
13.6.4 Multi-stage
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) Monorail Geared Motor Market Size Forecast by Applications
13.10.1 Energy Industry
13.10.2 Chemical
13.10.3 Food
13.10.4 Automotive and Transportation
13.10.5 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 Monorail Geared Motor Market: Competitive Dashboard
14.2 Global Monorail Geared Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 SEW-Eurodrive
14.3.3 Nord
14.3.4 Bosch Rexroth
14.3.5 Emerson
14.3.6 ABB
14.3.7 Sumitomo Heavy Industries
14.3.8 Bonfiglioli
14.3.9 Rexnord
14.3.10 WEG
14.3.11 TECO
14.3.12 Watt Drive Antriebstechnik GmbH
14.3.13 Bauer Gear Motor
14.3.14 STOBER
14.3.15 ZAE AntriebsSysteme
14.3.16 JiangSu Tai Xing Long Reducer
14.3.17 Zhejiang Tongli Heavy Gear
14.3.18 Jiangsu Haoke
14.3.19 Hongtai
14.3.20 Hsiang Neng
