According to our (Global Info Research) latest study, the global Industrial Gear Motors and Drives market size was valued at USD 16590 million in 2023 and is forecast to a readjusted size of USD 24520 million by 2030 with a CAGR of 5.7% during review period.
Gear motors are power devices which generally constituted by a gear drive and a motor. Gear drives, also called gearbox, are transmission devices that widely used in low speed and high power equipment like crane, packaging machine and rolling machine.
In this report, we focus on the gear motors and drives used in industrial applications and exclude precision-geared products as well as geared products used in propulsion systems.
China is the largest Industrial Gear Motors and Drives market with about 31% market share. Europe is follower, accounting for about 23% market share.
The key players are Siemens, SEW-EURODRIVE, Nord, Bosch Rexroth, Emerson, ABB, Altra Industrial Motion, Sumitomo Heavy Industries, Bonfiglioli, Rexnord, Weg, TECO, Guomao Reducer, Tailong Decelerator Machinery, Taixing Reducer, Tongli, Haoke, Hongtai, Tianjin Speed Reducer, Jiangsu Tailai Group etc. Top 3 companies occupied about 12% market share.
The Global Info Research report includes an overview of the development of the Industrial Gear Motors and Drives industry chain, the market status of Energy (Normal Gear, Worm Gear), Chemical (Normal Gear, Worm Gear), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial Gear Motors and Drives.
Regionally, the report analyzes the Industrial Gear Motors and Drives markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Industrial Gear Motors and Drives market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Industrial Gear Motors and Drives market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Industrial Gear Motors and Drives industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Normal Gear, Worm Gear).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Industrial Gear Motors and Drives market.
Regional Analysis: The report involves examining the Industrial Gear Motors and Drives market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Industrial Gear Motors and Drives market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Industrial Gear Motors and Drives:
Company Analysis: Report covers individual Industrial Gear Motors and Drives manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Industrial Gear Motors and Drives This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Energy, Chemical).
Technology Analysis: Report covers specific technologies relevant to Industrial Gear Motors and Drives. It assesses the current state, advancements, and potential future developments in Industrial Gear Motors and Drives areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Industrial Gear Motors and Drives market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Industrial Gear Motors and Drives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Normal Gear
Worm Gear
Planetary Gear
Others
Market segment by Application
Energy
Chemical
Food
Transportation
Others
Major players covered
Siemens
SEW-EURODRIVE
Nord
Bosch Rexroth
Emerson
ABB
Altra Industrial Motion
Sumitomo Heavy Industries
Bonfiglioli
Rexnord
Weg
TECO
Guomao Reducer
Tailong Decelerator Machinery
Taixing Reducer
Tongli
Haoke
Hongtai
Tianjin Speed Reducer
Jiangsu Tailai Group
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Gear Motors and Drives product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Gear Motors and Drives, with price, sales, revenue and global market share of Industrial Gear Motors and Drives from 2019 to 2024.
Chapter 3, the Industrial Gear Motors and Drives competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Gear Motors and Drives breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Industrial Gear Motors and Drives market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Gear Motors and Drives.
Chapter 14 and 15, to describe Industrial Gear Motors and Drives sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Industrial Gear Motors and Drives . Industry analysis & Market Report on Industrial Gear Motors and Drives is a syndicated market report, published as Global Industrial Gear Motors and Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Industrial Gear Motors and Drives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.