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The industrial gear motors and drives market is forecasted to grow by USD 3.93 billion during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the industrial gear 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 growing demand for energy-efficient industrial gear motors and drives, increase in demand for automated equipment in industrial premises, and increasing demand for industrial gear motors and drives motors in APAC.
The industrial gear motors and drives market is segmented as below:
By End-user
- Material handling
- Food and beverages
- Wind power
- Chemicals and oil and gas
- Others
By Type
- Standard geared products
- Precision geared products
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the industrial gear motors and drives market covers the following areas:
- Industrial gear motors and drives market sizing
- Industrial gear motors and drives market forecast
- Industrial gear 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 report 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 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 the 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 End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial gear motors and drives market: ABB Ltd., Allied Motion Technologies Inc., Altra Industrial Motion Corp., Beacon Gear Transmissions Pvt. Ltd., Bonfiglioli Riduttori Spa, Buhler Motor GmbH, Demag Cranes and Components GmbH, Eaton Corp. PLC, Elecon Engineering Co. Ltd., ElectroCraft Inc., Johnson Electric Holdings Ltd., Mitsubishi Electric Corp., NER GROUP Co. Ltd., Nidec Corp., Nord Gear Ltd., Regal Rexnord Corp., SDT Drive Technology, SEW EURODRIVE GmbH and Co KG, Siemens AG, and Sumitomo Heavy Industries Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in M&A activities."
According to the report, one of the major drivers for this market is the growing demand for energy-efficient industrial gear motors and drives.
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.
- Allied Motion Technologies Inc.
- Altra Industrial Motion Corp.
- Beacon Gear Transmissions Pvt. Ltd.
- Bonfiglioli Riduttori Spa
- Buhler Motor GmbH
- Demag Cranes and Components GmbH
- Eaton Corp. Plc
- Elecon Engineering Co. Ltd.
- ElectroCraft Inc.
- Johnson Electric Holdings Ltd.
- Mitsubishi Electric Corp.
- NER GROUP Co. Ltd.
- Nidec Corp.
- Nord Gear Ltd.
- Regal Rexnord Corp.
- SDT Drive Technology
- SEW EURODRIVE GmbH and Co KG
- Siemens AG
- Sumitomo Heavy Industries Ltd.
