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Gear Motor Market Size, Share, and Analysis, By Gear Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Spur Gear), By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW, Above 75 kW), By Torque (Up to 10,000 Nm, Above 10,000 Nm), By Industry (Material Ha

Publisher Fatpos Global
Published Jan 01, 2024
Length 500 Pages
SKU # FAGL18641275

Description

Gear Motor Market Size, Share, and Analysis, By Gear Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Spur Gear), By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW, Above 75 kW), By Torque (Up to 10,000 Nm, Above 10,000 Nm), By Industry (Material Handling, Construction, Power Generation, Mining, Food & Beverage, Manufacturing Industry, Packaging & Labelling, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-20


Gear Motor Market Size, Share, and Analysis, By Gear Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Spur Gear), By Rated Power (Up to 7.5 kW, 7.5 kW to 75 kW, Above 75 kW), By Torque (Up to 10,000 Nm, Above 10,000 Nm), By Industry (Material Handling, Construction, Power Generation, Mining, Food & Beverage, Manufacturing Industry, Packaging & Labelling, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-20

PRODUCT OVERVIEW

Gear Motor Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 21.5 billion and is projected to reach USD 45.6 billion by the completion of 2034.

Gear motor refers to a powerful unit that combines an electric motor and a gearbox to enhance output torque or speed for specific applications. It operates by interconnecting gears of different sizes within the gearbox and comprises two primary components: a power-generating motor and a gearbox that facilitates velocity adjustments. This setup enables easy adjustments in the rotational speed and torque of motor's output shaft. Moreover, gear motors find extensive use in various domains such as robotics, industrial machinery, and automotive systems due to their efficiency, consistency, and adaptability in meeting specific torque and speed requirements across industries. Consequently, gear motors are distinguished by their precise output control, making them indispensable for a wide range of mechanical and technological tasks

MARKET HIGHLIGHTS

Gear Motor Market is projected to achieve USD 45.6 billion during the forecast period, driven by increasing demand for efficient machinery across various industries, particularly in automotive systems, robotics, and heavy material handling. This expansion is attributed to technological innovations, such as the adoption of IoT and industry 4.0 principals, which improves the efficiency of gear motor and provide predictive maintenance capabilities. Furthermore, industries are favouring small gear motors with higher power density to address space limitations while maintaining optimal performance. Moreover, there is an increasing focus on sustainability and energy efficiency, which has resulted in the development of eco-friendly gear motor solutions. Therefore, with ongoing improvements in technology and the growing need for versatile and effective machinery across industries, the gear motor market is expected to expand consistently.

Gear Motor Market Segments:
  • By Gear Type
  • Helical Gear
  • Planetary Gear
  • Bevel Gear
  • Worm Gear
  • Spur Gear
  • By Rated Power
  • Up to 7.5 kW
  • 7.5 kW to 75 kW
  • Above 75 kW
  • By Torque
  • Up to 10,000 Nm
  • Above 10,000 Nm
  • By Industry
  • Material Handling
  • Construction
  • Power Generation
  • Mining
  • Food & Beverage
  • Manufacturing Industry
  • Packaging & Labelling
  • Others
MARKET DYNAMICS

Growth Drivers

Increasing Usage of Industrial Automation Will Drive Market Growth

Gear Motor Technological Advancements Will Provide Growth Opportunities

Restraint

High Initial Expenditure Required May Stymie Market Expansion

Key Players
  • SEW-EURODRIVE
  • Bonfiglioli
  • Bauer Gear Motor
  • WEG Industries
  • Sumitomo Heavy Industries
  • TECO Electric & Machinery Co., Ltd.
  • Brevini Power Transmission (Dana Incorporated)
  • Oriental Motor USA Corp.
  • Groschopp AG
  • NORD Drivesystems
  • Siemens AG
  • Regal Beloit Corporation
  • Leroy-Somer (Nidec Corporation)
  • Johnson Electric Holdings Limited
  • STM Spa
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*

Table of Contents

500 Pages
1 Executive Summary
1.1. Regional Market Share
1.2 Business Trends
1.3. Gear Motor Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1 Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4 Primary Research
2.5 Secondary Research
2.5.1 Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1 Market Definition
3.2 Gear Motor Market: COVID-19 Impact
3.3. Key Segmentations
3.4 Key Developments
3.5 Allied Industry Data
4 Gear Motor Market – Industry Insights
4.1. Industry Segmentation
4.2 COVID-19 overview on world economy
4.3 Industry ecosystem Channel analysis
4.4 Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1 Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4 Market Restraints
7.5. Market Trends
8 Risk Analysis
9. Market Analysis
9.1 Porters Five Forces
9.2. PEST Analysis
9.2.1 Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Gear Motor Market
10.1 Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Gear Motor Market Size & Forecast 2024 A-2034 F
11.1. Overview
11.2 Key Findings
11.3 Market Segmentation
11.3.1 By Gear Type
11.3.1.1. Helical Gear
11.3.1.1.1 By Value (USD Million) 2024-2034 F
11.3.1.1.2. Market Share (%) 2024-2034 F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034 F
11.3.1.2 Planetary Gear
11.3.1.2.1. By Value (USD Million) 2024-2034 F
11.3.1.2.2 Market Share (%) 2024-2034 F
11.3.1.2.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.3 Bevel Gear
11.3.1.3.1. By Value (USD Million) 2024-2034 F
11.3.1.3.2 Market Share (%) 2024-2034 F
11.3.1.3.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.4 Spur Gear
11.3.1.4.1. By Value (USD Million) 2024-2034 F
11.3.1.4.2 Market Share (%) 2024-2034 F
11.3.1.4.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.5 Worm Gear
11.3.1.5.1. By Value (USD Million) 2024-2034 F
11.3.1.5.2 Market Share (%) 2024-2034 F
11.3.1.5.3 Y-o-Y Growth (%) 2024-2034 F
11.3.2. By Rated Power
11.3.2.1 Up to 7.5 kW
11.3.2.1.1. By Value (USD Million) 2024-2034 F
11.3.2.1.2 Market Share (%) 2024-2034 F
11.3.2.1.3 Y-o-Y Growth (%) 2024-2034 F
11.3.2.2. 7.5-75 kW
11.3.2.2.1 By Value (USD Million) 2024-2034 F
11.3.2.2.2. Market Share (%) 2024-2034 F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034 F
11.3.2.3. Above 75 kW
11.3.2.3.1 By Value (USD Million) 2024-2034 F
11.3.2.3.2. Market Share (%) 2024-2034 F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034 F
11.3.3 By Torque
11.3.3.1 Up to 10,000 Nm
11.3.3.1.1. By Value (USD Million) 2024-2034 F
11.3.3.1.2 Market Share (%) 2024-2034 F
11.3.3.1.3 Y-o-Y Growth (%) 2024-2034 F
11.3.3.2. Above 10,000 Nm
11.3.3.2.1 By Value (USD Million) 2024-2034 F
11.3.3.2.2. Market Share (%) 2024-2034 F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4 By Industry
11.3.4.1 Material Handling
11.3.4.1.1. By Value (USD Million) 2024-2034 F
11.3.4.1.2 Market Share (%) 2024-2034 F
11.3.4.1.3 Y-o-Y Growth (%) 2024-2034 F
11.3.4.2. Construction
11.3.4.2.1 By Value (USD Million) 2024-2034 F
11.3.4.2.2. Market Share (%) 2024-2034 F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4.3. Power Generation
11.3.4.3.1 By Value (USD Million) 2024-2034 F
11.3.4.3.2. Market Share (%) 2024-2034 F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4.4 Mining
11.3.4.4.1 By Value (USD Million) 2024-2034 F
11.3.4.4.2. Market Share (%) 2024-2034 F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4.5. Food & Beverages
11.3.4.5.1 By Value (USD Million) 2024-2034 F
11.3.4.5.2. Market Share (%) 2024-2034 F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4.6. Manufacturing Industry
11.3.4.6.1 By Value (USD Million) 2024-2034 F
11.3.4.6.2. Market Share (%) 2024-2034 F
11.3.4.6.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4.7. Packaging & Labelling
11.3.4.7.1 By Value (USD Million) 2024-2034 F
11.3.4.7.2. Market Share (%) 2024-2034 F
11.3.4.7.3. Y-o-Y Growth (%) 2024-2034 F
11.3.4.8 Others
11.3.4.8.1 By Value (USD Million) 2024-2034 F
11.3.4.8.2. Market Share (%) 2024-2034 F
11.3.4.8.3. Y-o-Y Growth (%) 2024-2034 F
12 North America Gear Motor Market Size & Forecast 2024 A-2034 F
12.1 Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1 By Gear Type
12.3.2. By Rated Power
12.3.3. By Torque
12.3.4. By Industry
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Gear Motor Market Size & Forecast 2024 A-2034 F
13.1 Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1 By Gear Type
13.3.2. By Rated Power
13.3.3. By Torque
13.3.4. By Industry
13.4 Country
13.4.1 Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia-Pacific Gear Motor Market Size & Forecast 2024 A-2034 F
14.1. Overview
14.2. Key Findings
14.3 Market Segmentation
14.3.1 By Gear Type
14.3.2. By Rated Power
14.3.3. By Torque
14.3.4. By Industry
14.4. Country
14.4.1 India
14.4.2. China
14.4.3. South Korea
14.4.4 Japan
14.4.5 Rest of APAC
15 Middle East and Africa Gear Motor Market Size & Forecast 2024 A-2034 F
15.1 Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1 By Gear Type
15.3.2. By Rated Power
15.3.3. By Torque
15.3.4. By Industry
15.4 Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4 South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Gear Motor Market Size & Forecast 2024 A-2034 F
16.1 Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1 By Gear Type
16.3.2. By Rated Power
16.3.3. By Torque
16.3.4. By Industry
16.4 Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1 Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. SEW - EURODRIVE
18.1.1 Company Overview
18.1.2 Financial Overview
18.1.3 Key Product; Analysis
18.1.4 Company Assessment
18.1.4.1 Product Portfolio
18.1.4.2 Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Bonfiglioli
18.3. Bauer Gear Motor
18.4. WEG Industries
18.5. Sumitomo Heavy Industries
18.6. NORD Drivesystems
18.7. Siemens AG
18.8. Regal Beloit Corporation
18.9. Leroy-Somer (Nidec Corporation)
18.10 Johnson Electric Holdings Limited
18.11 TECO Electric & Machinery Co., Ltd.
18.12. Brevini Power Transmission (Dana Incorporated)
18.13. Oriental Motor USA Corp.
18.14 Groschopp AG
18.15. STM Spa
18.16. Other Prominent Players
19. Appendix
20 Consultant Recommendation

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