Market Overview:
The global worm geared 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 energy-efficient and reliable gearmotors across various industries. Additionally, the growing automotive and transportation industry is also expected to fuel the demand for worm geared motors in the coming years. The global worm geared motors market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into helical-worm and double-worm gearing systems. Helical-worm gearing systems are more popular than double-worm gearing systems as they offer higher efficiency levels and are easier to maintain. On account of their high efficiency levels, helical gears are being increasingly used in applications such as energy generation, chemical processing, food processing etc., where power transmission is critical. On basis of application, it can be classified into automotive & transportation sector; industrial machinery; HVAC (Heating Ventilation Air Conditioning); pumps & compressors; printing presses; textile machines among others sectors . The automotive & transportation sector accounts for a major share of this market owing to rising demand for electric vehicles across all regions worldwide . In terms of regional distribution , North America dominates this market followed by Europe due high adoption rate electric vehicles in these regions .
Product Definition:
A worm gear motor is a gearbox that uses a worm drive to transmit torque from the motor to the load. The worm drive consists of a screw-shaped shaft that meshes with a helical gear wheel. This type of gearing is particularly efficient at transferring torque and is often used in applications where high power density is required. Worm gears are also quiet and durable, making them ideal for use in equipment such as elevators and printing presses.
Helical-worm:
Helical-worm, also known as spiral or coiled-worm gear is a type of mechanical gear. It has several advantages over the traditional spur gears and can be used in applications where high torque low speed drive is required. Helical-worm gears are widely used in electric motors, automotive transmission systems and power tools among others.
Double-worm:
Double-worm is a gear reduction scheme, which involves two gears meshing together to transmit the same torque as one single gear. The name comes from the fact that there are two worms (axles) in the scheme; one for each gear.
The advantage of double-worm gearing is that both gears mesh well and can be used to transmit equal power through a drivetrain with minimal loss of efficiency.
Application Insights:
The application segment includes energy industry, chemical, food, automotive and transportation and others. The energy industry is expected to emerge as the fastest-growing segment over the forecast period owing to increasing demand for electric worms in wind turbines. These electric motors are used in large quantities for power generation purposes due to their ability of generating high torque at low speeds.
Worm-geared motors find applications across various industries including oil & gas, pulp & paper, mining automation among others which require a high level of precision and durability. They have been widely used across several processes such as material handling in the mining sector where they are used with feeder drives or autonomous robots that carry out repetitive movements underground without human assistance required for exploration or extraction work at depths up to 1 kilometer below surface level.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is mainly driven by China, which accounted for a share of more than 30% in the overall production capacity across all geared motors. Moreover, Asia Pacific has been witnessing strong industrialization along with rapid urbanization that has led to an increasing demand for energy-efficient products.
The European region occupied a significant market share in terms of revenue owing to large-scale adoption witnessed from major end users such as wind farms and water treatment plants that utilized worm gear units with high efficiency levels and low maintenance costs. However, North America held a relatively smaller market share due to less awareness regarding these types of machines among potential customers until recently when several wind farm projects were installed across U.S., which started commercial operations since 2018; hence, providing an impetus for industry expansion over there as well (see Table 1).
Growth Factors:
- Increasing demand for electric vehicles
- Growing urbanization and industrialization
- Rising disposable income of consumers
- Technological advancements in worm geared motors market
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Worm Geared Motors Market Research Report
By Type
Helical-worm, Double-worm
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Worm Geared Motors Market Report Segments:
The global Worm Geared Motors market is segmented on the basis of:
Types
Helical-worm, Double-worm
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 Worm Geared 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:
- Helical-worm
- Double-worm
- 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 Worm Geared 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?
Worm geared motors are a type of electric motor that uses worm gears to turn the shaft. They are often used in small, low-power applications because they are very efficient and can be easily controlled.
Some of the major companies in the worm geared motors 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 worm geared motors 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 Worm Geared 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 Worm Geared Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Worm Geared 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 Worm Geared 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 Worm Geared Motors Market Size & Forecast, 2018-2028
4.5.1 Worm Geared Motors Market Size and Y-o-Y Growth
4.5.2 Worm Geared Motors Market Absolute $ Opportunity
Chapter 5 Global Worm Geared Motors 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 Worm Geared Motors Market Size Forecast by Type
5.2.1 Helical-worm
5.2.2 Double-worm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Worm Geared Motors 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 Worm Geared Motors 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 Worm Geared 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 Worm Geared 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 Worm Geared Motors Analysis and Forecast
9.1 Introduction
9.2 North America Worm Geared Motors 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 Worm Geared Motors Market Size Forecast by Type
9.6.1 Helical-worm
9.6.2 Double-worm
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 Worm Geared Motors 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 Worm Geared Motors Analysis and Forecast
10.1 Introduction
10.2 Europe Worm Geared Motors 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 Worm Geared Motors Market Size Forecast by Type
10.6.1 Helical-worm
10.6.2 Double-worm
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 Worm Geared Motors 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 Worm Geared Motors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Worm Geared Motors 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 Worm Geared Motors Market Size Forecast by Type
11.6.1 Helical-worm
11.6.2 Double-worm
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 Worm Geared Motors 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 Worm Geared Motors Analysis and Forecast
12.1 Introduction
12.2 Latin America Worm Geared Motors 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 Worm Geared Motors Market Size Forecast by Type
12.6.1 Helical-worm
12.6.2 Double-worm
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 Worm Geared Motors 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) Worm Geared Motors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Worm Geared Motors 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) Worm Geared Motors Market Size Forecast by Type
13.6.1 Helical-worm
13.6.2 Double-worm
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) Worm Geared Motors 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 Worm Geared Motors Market: Competitive Dashboard
14.2 Global Worm Geared Motors 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
