Global Geared Motors and Drives Market 2025-2029

Geared Motors And Drives Market 2025-2029

The geared motors and drives market is forecasted to grow by USD 10836.4 mn during 2024-2029, accelerating at a CAGR of 7.3% during the forecast period. The report on the geared motors and drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing importance of accuracy in quality control processes, rising need to maintain certification standards of industrial products, and increasing use of geared motor and drive systems in automotive plants.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's geared motors and drives market is segmented as below:

By Type

• Geared motors
• Geared drives

By End-user

• Food and beverages
• Metals and mining
• Automotive
• Wind power
• Others

By Power Rating

• 7.5-75 kW
• Up to 7.5 kW
• Above 75 kW

By Geographical Landscape

• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the emergence of magnetic gearboxes as one of the prime reasons driving the geared motors and drives market growth during the next few years. Also, advent of IOT in electric drives and technological advances and new product developments will lead to sizable demand in the market.

The report on the geared motors and drives market covers the following areas:

• Geared Motors And Drives Market sizing
• Geared Motors And Drives Market forecast
• Geared Motors And Drives Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading geared motors and drives market vendors that include ABB Ltd., Boneng Transmission Suzhou Co. Ltd., Bonfiglioli Riduttori Spa, Bosch Rexroth AG, Dana Inc., dematek GmbH and Co. KG, DieQua Corp., Eaton Corp. PLC, Elecon Engineering Co. Ltd., Groschopp, Johnson Electric Holdings Ltd., Mitsubishi Electric Corp., Nidec Corp., Nord Gear Corp., Parker Hannifin Corp., SDT Drive Technology, SEW EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., and Watt Drive Antriebstechnik GmbH. Also, the geared motors and drives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more