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The geared motors and drives market is forecasted to grow by USD 8455.18 mn during 2023-2028, 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.Speak directly to the analyst to clarify any post sales queries you may have.
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 the growing importance of accuracy in quality control processes, the rising need to maintain certification standards of industrial products, and the increasing use of geared motor and drive systems in automotive plants.
The geared motors and drives market is segmented as below:
By Type
- Geared motors
- Geared drives
By End-user
- Food and beverage
- Metals and mining
- Automotive
- Wind power
- Oil and gas and others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
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 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 and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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 research - both primary and secondary. 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.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global geared motors and drives market: ABB Ltd., Boneng Transmission Suzhou Co. Ltd., Bonfiglioli Riduttori Spa, Dana Inc., dematek GmbH and Co. KG, DieQua Corp., Eaton Corp. Plc, Elecon Engineering Co. Ltd., Emerson Electric Co., Groschopp, Johnson Electric Holdings Ltd., Mitsubishi Electric Corp., Nidec Corp., Regal Rexnord Corp., SDT Drive Technology, SEW-EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., Watt Drive Antriebstechnik GmbH, and Nord Gear Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the emergence of magnetic gearboxes.'
According to the report, one of the major drivers for this market is the growing importance of accuracy in quality control processes.
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 and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Boneng Transmission Suzhou Co. Ltd.
- Bonfiglioli Riduttori Spa
- Dana Inc.
- dematek GmbH and Co. KG
- DieQua Corp.
- Eaton Corp. Plc
- Elecon Engineering Co. Ltd.
- Emerson Electric Co.
- Groschopp
- Johnson Electric Holdings Ltd.
- Mitsubishi Electric Corp.
- Nidec Corp.
- Regal Rexnord Corp.
- SDT Drive Technology
- SEW-EURODRIVE GmbH and Co KG
- Siemens AG
- Sumitomo Heavy Industries Ltd.
- Watt Drive Antriebstechnik GmbH
- Nord Gear Ltd.