Market Overview:
The global synchronous gear-motors 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 synchronous gear-motors in various applications, such as industrial, automobile, food and beverage, and construction. In addition, the growing awareness about energy efficiency is also propelling the demand for synchronous gear-motors across the globe.
Product Definition:
A synchronous gear-motor is a motor that has been specifically designed to work in synchronization with an external power supply, such as a generator. The importance of synchronous gear-motors lies in their ability to provide a level of precision and accuracy that other types of motors cannot match.
Bearing:
Bearing is a cylindrical part that rotates on an axle and causes a rotating machine to move. The bearing's main function is to support the weight of the rotating parts, so as not to allow them to make contact with each other or the frame of the device it's mounted in. There are various types of bearings including rolling, sliding, thrusting/friction and race (axle).
Bearing Bush:
Bearing bush is a cylindrical part that is installed in the synchronous gear-motors. It has an important role to play while installing the synchronous gearbox. The bearing bush helps in maintaining uniformity of rotation and prevents any damage to the synchronous gears. There are different types of bearing bushes such as single, double, triple, and quadruple bearings which are used according to requirements for various applications of Synchronous Gear-Motor (SGM).
Application Insights:
The industrial segment accounted for the largest revenue share of over 50% in 2017. The growth can be attributed to the growing demand for synchronous gear-motors from industries such as paper, mining, metal and energy. Synchronous motors are used in various applications including material handling equipment, conveyor systems and automated manufacturing lines. These motors provide high power density which is a key factor that drives their demand in industrial applications over other alternatives such as induction or squirrel cage types of motor designs.
Automobile application segment is expected to witness significant growth during the forecast period owing to increasing production levels of passenger cars and light commercial vehicles (LCVs) across various regions globally. In addition, stringent government regulations on reducing vehicular pollution will boost product penetration further driving demand from automobile industry over the next few years.
Regional Analysis:
Europe dominated the global synchronous gear-motors market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period, with Germany and France being the major contributors. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising industrialization and increasing adoption of automation across various industries. Rising demand for consumer electronics such as smartphones and laptops along with growing manufacturing activities are also likely to contribute towards regional market growth during the forecast period. Additionally, rising investments by prominent players such as Siemens AG; ABB Ltd.; Alstom; General Electric; Mitsubishi Electric Corporation; Johnson Controls Inc.
The Asia Pacific was followed by Europe that accounted for a share of more than 23% in 2017 due mainly on high product penetration rates observed there coupled with favorable government regulations aimed at promoting industrial development across several countries including Germany, France, Italy, Spain among others).
Growth Factors:
- Increasing demand from the automotive industry for synchronous gear-motors is expected to be a key growth driver for the market over the forecast period.
- Growing demand from the industrial sector for synchronous gear-motors is also anticipated to fuel market growth in the coming years.
- Rising awareness about energy efficiency and its benefits is projected to boost adoption of synchronous gear-motors across various industries in the near future.
- The increasing trend of miniaturization in electronics and electrical equipment is expected to create new opportunities for synchronous gear-motor manufacturers in the coming years.
- Technological advancements coupled with innovations are likely to propel growth ofthe globalsynchronousgear-motormarketovertheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Synchronous Gear-Motors Market Research Report
By Type
Bearing, Bearing Bush
By Application
Industrial, Automobile, Food and Beverage, Construction
By Companies
Mini Motor, CEDS Duradrive GmbH, Shenzhen ZhaoWei Machinery and Electronics Co., Ltd., Dongyang City Dongzheng Motor Co. Ltd., Silent Industry, Siemens, ABB, Citizen Micro, ID MOTEUR, Nidec Corporation, I.CH MOTION, ASTRO Motorengesellschaft, SHINANO KENSHI, Altra Industrial Motion, Electrocraft, EXLAR
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Synchronous Gear-Motors Market Report Segments:
The global Synchronous Gear-Motors market is segmented on the basis of:
Types
Bearing, Bearing Bush
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
Industrial, Automobile, Food and Beverage, Construction
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:
- Mini Motor
- CEDS Duradrive GmbH
- Shenzhen ZhaoWei Machinery and Electronics Co., Ltd.
- Dongyang City Dongzheng Motor Co. Ltd.
- Silent Industry
- Siemens
- ABB
- Citizen Micro
- ID MOTEUR
- Nidec Corporation
- I.CH MOTION
- ASTRO Motorengesellschaft
- SHINANO KENSHI
- Altra Industrial Motion
- Electrocraft
- EXLAR
Highlights of The Synchronous 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:
- Bearing
- Bearing Bush
- By Application:
- Industrial
- Automobile
- Food and Beverage
- Construction
- 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 Synchronous 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Synchronous gear motors are typically used in applications where high speed and precision are required. They can be found in a variety of industries, including aerospace, automotive, and medical equipment. Synchronous gear motors use a single shaft to rotate multiple gears at the same time. This allows them to achieve high speeds and precise movements
Some of the key players operating in the synchronous gear-motors market are Mini Motor, CEDS Duradrive GmbH, Shenzhen ZhaoWei Machinery and Electronics Co., Ltd., Dongyang City Dongzheng Motor Co. Ltd., Silent Industry, Siemens, ABB, Citizen Micro, ID MOTEUR, Nidec Corporation, I.CH MOTION, ASTRO Motorengesellschaft, SHINANO KENSHI, Altra Industrial Motion, Electrocraft, EXLAR.
The synchronous 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 Synchronous 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 Synchronous Gear-Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synchronous 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 Synchronous 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 Synchronous Gear-Motors Market Size & Forecast, 2020-2028
4.5.1 Synchronous Gear-Motors Market Size and Y-o-Y Growth
4.5.2 Synchronous 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 Bearing
5.2.2 Bearing Bush
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 Industrial
6.2.2 Automobile
6.2.3 Food and Beverage
6.2.4 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synchronous 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 Synchronous 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 Bearing
9.6.2 Bearing Bush
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 Industrial
9.10.2 Automobile
9.10.3 Food and Beverage
9.10.4 Construction
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 Bearing
10.6.2 Bearing Bush
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 Industrial
10.10.2 Automobile
10.10.3 Food and Beverage
10.10.4 Construction
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 Bearing
11.6.2 Bearing Bush
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 Industrial
11.10.2 Automobile
11.10.3 Food and Beverage
11.10.4 Construction
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 Bearing
12.6.2 Bearing Bush
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 Industrial
12.10.2 Automobile
12.10.3 Food and Beverage
12.10.4 Construction
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 Bearing
13.6.2 Bearing Bush
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 Industrial
13.10.2 Automobile
13.10.3 Food and Beverage
13.10.4 Construction
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 Synchronous Gear-Motors Market: Competitive Dashboard
14.2 Global Synchronous Gear-Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mini Motor
14.3.2 CEDS Duradrive GmbH
14.3.3 Shenzhen ZhaoWei Machinery and Electronics Co., Ltd.
14.3.4 Dongyang City Dongzheng Motor Co. Ltd.
14.3.5 Silent Industry
14.3.6 Siemens
14.3.7 ABB
14.3.8 Citizen Micro
14.3.9 ID MOTEUR
14.3.10 Nidec Corporation
14.3.11 I.CH MOTION
14.3.12 ASTRO Motorengesellschaft
14.3.13 SHINANO KENSHI
14.3.14 Altra Industrial Motion
14.3.15 Electrocraft
14.3.16 EXLAR
