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Global Geared Motors and Drives Market 2018-2022

Global Geared Motors and Drives Market 2018-2022

About Geared Motors and Drives

The geared motors and drives market appears to be highly fragmented due to the presence of several international and regional players who focus extensively on R&D and technological advancements. The competition among the players has increased due to low product differentiation. To attain a competitive advantage over the other players, the manufacturers in the geared drives and geared motors market are focusing on introducing new and innovative variants and their product portfolio varies based on price, quality, innovation, and regulatory compliance. Based on end-user the market can be segmented into food and beverage, metals and mining, automotive, wind power, oil and gas, and pulp and paper.

Technavio’s analysts forecast the global geared motors and drives market to grow at a CAGR of 5.22% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global geared motors and drives market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of geared motors and drives.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Geared Motors and Drives Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • BONFIGLIOLI RIDUTTORI
  • Mitsubishi Electric
  • Regal Beloit
  • Siemens
  • Sumitomo Heavy Industries
Other prominent vendors
  • Altra Industrial Motion,
  • Anaheim Automation
  • Boneng
  • Dana Brevini Power – Transmission
  • Dematek
  • Eaton
  • Elecon Engineering
  • Groschopp
  • Johnson Electric
  • NORD Drivesystems
  • SEW-EURODRIVE
  • SDT Drive Technology
  • Watt Drive WEG Group
Market driver
  • Focus on increasing energy efficiency in industries
  • For a full, detailed list, view our report
Market trend
  • Emergence of magnetic gearboxes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Technavio Announces the Publication of its Research Report – Global Geared Motors and Drives Market 2018-2022

Technavio recognizes the following companies as the key players in the global geared motors and drives market: ABB, BONFIGLIOLI RIDUTTORI, Mitsubishi Electric, Regal Beloit, Siemens, and Sumitomo Heavy Industries.

Other Prominent Vendors in the market are: Altra Industrial Motion, Anaheim Automation, Boneng, Dana Brevini Power – Transmission, Dematek, Eaton, Elecon Engineering, Groschopp, Johnson Electric, NORD Drivesystems, SEW-EURODRIVE, SDT Drive Technology, and Watt Drive WEG Group.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is emergence of magnetic gearboxes. A magnetic gear uses a permanent magnet to transmit torque from an input shaft to an output shaft without mechanical contact. Since there is no contact between the rotors, the gear will work smoothly even if the torque exceeds the speed limit. Magnetic gearboxes offer various advantages such as higher efficiency, low maintenance cost, high reliability, and low noise and vibration. Magnetic gearboxes are mainly adopted by high-speed applications and applications that subject the gearboxes to high shock and vibrations.”

According to the report, one of the major drivers for this market is focus on increasing energy efficiency in industries. It has been observed that motors consume the major share of energy in industries, which in turn results in high energy costs. Owing to the rising energy costs, industries across the globe are focusing on implementing energy-efficient techniques in their production process. With the introduction of stringent regulations that emphasize on reducing energy costs and carbon emissions, industries are focusing on adopting extensive energy-efficient methods. This will in turn, drive the demand for geared motors and drives, fueling the market’s growth prospects.

Companies Mentioned

ABB, BONFIGLIOLI RIDUTTORI, Mitsubishi Electric, Regal Beloit, Siemens, Sumitomo Heavy Industries, Altra Industrial Motion, Anaheim Automation, Boneng, Dana Brevini Power – Transmission, Dematek, Eaton, Elecon Engineering, Groschopp, Johnson Electric, NORD Drivesystems, SEW-EURODRIVE, SDT Drive Technology, and Watt Drive WEG Group.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global geared motors and drives market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ mn)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Customer landscape
    • Table Customer landscape
  • Market Segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Food and beverage - Market size and forecast 2017-2022
      • Table Food and beverage - Market size and forecast 2017-2022 ($ mn)
      • Table Use of geared motors and drives are used in food and beverage industry
      • Table Food and beverage - Year-over-year growth 2018-2022 (%)
    • Metals and mining - Market size and forecast 2017-2022
      • Table Metals and mining - Market size and forecast 2017-2022 ($ mn)
      • Table Metals and mining - Year-over-year growth 2018-2022 (%)
      • Table Use of geared motors and drives used in metals and mining industry
    • Automotive - Market size and forecast 2017-2022
      • Table Automotive - Market size and forecast 2017-2022 ($ mn)
      • Table Automotive - Year-over-year growth 2018-2022 (%)
    • Wind power - Market size and forecast 2017-2022
      • Table Wind power - Market size and forecast 2017-2022 ($ mn)
      • Table Wind power - Year-over-year growth 2018-2022 (%)
    • Oil and gas - Market size and forecast 2017-2022
      • Table Oil and gas - Market size and forecast 2017-2022 ($ mn)
      • Table Use of geared motors and drives in oil and gas industry
      • Table Oil and gas - Year-over-year growth 2018-2022 (%)
    • Pulp and paper - Market size and forecast 2017- 2022
      • Table Pulp and paper - Market size and forecast 2017-2022 ($ mn)
      • Table Pulp and paper - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ mn)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Advantages of VSDs
  • Market trends
    • Emergence of magnetic gearboxes
      • Table Advantage of a magnetic gear
    • Emergence of direct drive motors
      • Table Advantages of a direct drive motor
    • Incorporation of additive manufacturing in motor production
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table Vendor overview
      • Table ABB - Business Segments
      • Table ABB - Organizational developments (2016 till date of research)
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings (for market in focus)
    • BONFIGLIOLI RIDUTTORI
      • Table Vendor overview
      • Table BONFIGLIOLI RIDUTTORI S.P.A. - Business segments
      • Table BONFIGLIOLI RIDUTTORI - Organizational developments (2016 till date of research)
      • Table BONFIGLIOLI RIDUTTORI - Geographic focus
      • Table BONFIGLIOLI RIDUTTORI - Segment focus
      • Table BONFIGLIOLI RIDUTTORI - Key offerings (for market in focus)
    • Sumitomo Heavy Industries
      • Table Vendor overview
      • Table Sumitomo Heavy Industries - Business Segments
      • Table Sumitomo Heavy Industries - Organizational developments (2016 till date of research)
      • Table Sumitomo Heavy Industries - Geographic focus
      • Table Sumitomo Heavy Industries - Segment focus
      • Table Sumitomo Heavy Industries - Key offerings (for market in focus)
    • Mitsubishi Electric
      • Table Vendor overview
      • Table Mitsubishi Electric- Business Segments
      • Table Mitsubishi Electric - Organizational developments (2016 till date of research)
      • Table Mitsubishi Electric - Geographic focus
      • Table Mitsubishi Electric - Segment focus
      • Table Mitsubishi Electric - Key offerings (for market in focus)
    • Regal Beloit
      • Table Vendor overview
      • Table Regal Beloit- Business Segments
      • Table Regal Beloit - Organizational developments (2016 till date of research)
      • Table Regal Beloit - Geographic focus
      • Table Regal Beloit- Segment focus
      • Table Regal Beloit- Key offerings (for market in focus)
    • Siemens
      • Table Vendor overview
      • Table Siemens - Business Segments
      • Table Siemens - Organizational developments (2016 till date of research)
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings (for market in focus)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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