Global Parallel Shaft Geared Motors Market Size study, By Type (Hollow Shaft and Solid Shaft) and By Application (Energy Industry Chemical, Food, Automotive and Transportation), and Regional Forecasts 2022-2028

Global Parallel Shaft Geared Motors Market Size study, By Type (Hollow Shaft and Solid Shaft) and By Application (Energy Industry Chemical, Food, Automotive and Transportation), and Regional Forecasts 2022-2028

Global Parallel Shaft Geared Motors Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

Parallel Shaft Geared Motors refer to type of gear motor which uses gears to accomplish the speed reduction. These motors are called “parallel shaft” due to the placement of the motor shaft and the speed reducer shaft are on parallel planes. Due to their compact design these motors are used across various industries as stirrers for liquid mixing processes. The rising growth of industrial automation worldwide and growing expansion of automotive and transportation sector as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Association for Advancing Automation (A3) estimates – as of 3rd quarter of 2021, American companies made nearly 29,000 units of robots valued at USD 1.48 billion, this number show an increase of 37% in number of units sold (around 21,072) and 35% in value (up from USD 1.09 billion) over the same period in 2020. In addition, in Q3 alone, North American companies ordered 9,928 robots valued at USD 513 million, up 32% and 35% respectively over the third quarter of 2020. Also, growing industrialization in developing regions and increasing number of R&D activities are anticipated to act as a catalyzing factor for the market demand during the forecast period. Furthermore, leading market players are coming up with new product range to leverage the growing adoption of Parallel Shaft Geared Motors. For instance, In April 2021, Japan based Oriental Motor announced the expansion of its product portfolio of IP67 brushless parallel shaft geared motors (BMU and BLE2 Series). The IP67 brushless motors are now available in the range of 200W (1/4 HP)-400W (1/2HP) in motor output power. They are designed for industries such as food, agriculture, and material handling, which generally require a higher IP rating with a stainless-steel shaft. However, a high cost associated with parallel shaft geared motors coupled with lack of penetration from SMEs (Small and Medium Sized Enterprises) impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Parallel Shaft Geared Motors Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing automation across different industries and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the automotive sector and favorable government initiatives towards expansion of food processing industries, would create lucrative growth prospects for the Parallel Shaft Geared Motors Market across the Asia Pacific region.

Major market players included in this report are:
Siemens AG
WEG S. A.
NORD Drivesystems
Toledo Gearmotor
Bison Gear & Engineering Corp.
ABB Motors and Mechanical Inc.
Bodine Electric Company
Mitsubishi Electric Corporation
SPG Co., Ltd
Allied Motion Inc.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Hollow Shaft
Solid Shaft
By Application
Energy Industry Chemical
Food
Automotive and Transportation
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Parallel Shaft Geared Motors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
InvestorsCompanies Mentioned

Siemens AG
WEG S. A.
NORD Drivesystems
Toledo Gearmotor
Bison Gear & Engineering Corp.
ABB Motors and Mechanical Inc.
Bodine Electric Company
Mitsubishi Electric Corporation
SPG Co., Ltd
Allied Motion Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Parallel Shaft Geared Motors Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Parallel Shaft Geared Motors Market, by Type, 2020-2028 (USD Million)
1.2.3. Global Parallel Shaft Geared Motors Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Parallel Shaft Geared Motors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Parallel Shaft Geared Motors Market Dynamics
3.1. Parallel Shaft Geared Motors Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising growth of industrial automation worldwide.
3.1.1.2. Growing expansion of automotive and transportation sector.
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. High cost associated with parallel shaft geared motors.
3.1.2.2. Lack of penetration from SMEs
3.1.3. Market Opportunities
3.1.3.1. Growing industrialization in developing regions.
3.1.3.2. Increasing number of R&D activities.
Chapter 4. Global Parallel Shaft Geared Motors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Parallel Shaft Geared Motors Market, by Type
6.1. Market Snapshot
6.2. Global Parallel Shaft Geared Motors Market by Type, Performance - Potential Analysis
6.3. Global Parallel Shaft Geared Motors Market Estimates & Forecasts by Type 2018-2028 (USD Million)
6.4. Parallel Shaft Geared Motors Market, Sub Segment Analysis
6.4.1. Hollow Shaft
6.4.2. Solid Shaft
Chapter 7. Global Parallel Shaft Geared Motors Market, by Application
7.1. Market Snapshot
7.2. Global Parallel Shaft Geared Motors Market by Application, Performance - Potential Analysis
7.3. Global Parallel Shaft Geared Motors Market Estimates & Forecasts by Application 2018-2028 (USD Million)
7.4. Parallel Shaft Geared Motors Market, Sub Segment Analysis
7.4.1. Energy Industry Chemical
7.4.2. Food
7.4.3. Automotive and Transportation
Chapter 8. Global Parallel Shaft Geared Motors Market, Regional Analysis
8.1. Parallel Shaft Geared Motors Market, Regional Market Snapshot
8.2. North America Parallel Shaft Geared Motors Market
8.2.1. U.S. Parallel Shaft Geared Motors Market
8.2.1.1. Type estimates & forecasts, 2018-2028
8.2.1.2. Application estimates & forecasts, 2018-2028
8.2.2. Canada Parallel Shaft Geared Motors Market
8.3. Europe Parallel Shaft Geared Motors Market Snapshot
8.3.1. U.K. Parallel Shaft Geared Motors Market
8.3.2. Germany Parallel Shaft Geared Motors Market
8.3.3. France Parallel Shaft Geared Motors Market
8.3.4. Spain Parallel Shaft Geared Motors Market
8.3.5. Italy Parallel Shaft Geared Motors Market
8.3.6. Rest of Europe Parallel Shaft Geared Motors Market
8.4. Asia-Pacific Parallel Shaft Geared Motors Market Snapshot
8.4.1. China Parallel Shaft Geared Motors Market
8.4.2. India Parallel Shaft Geared Motors Market
8.4.3. Japan Parallel Shaft Geared Motors Market
8.4.4. Australia Parallel Shaft Geared Motors Market
8.4.5. South Korea Parallel Shaft Geared Motors Market
8.4.6. Rest of Asia Pacific Parallel Shaft Geared Motors Market
8.5. Latin America Parallel Shaft Geared Motors Market Snapshot
8.5.1. Brazil Parallel Shaft Geared Motors Market
8.5.2. Mexico Parallel Shaft Geared Motors Market
8.6. Rest of The World Parallel Shaft Geared Motors Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Siemens AG
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. WEG S. A.
9.2.3. NORD Drivesystems
9.2.4. Toledo Gearmotor
9.2.5. Bison Gear & Engineering Corp.
9.2.6. ABB Motors and Mechanical Inc.
9.2.7. Bodine Electric Company
9.2.8. Mitsubishi Electric Corporation
9.2.9. SPG Co., Ltd
9.2.10. Allied Motion Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Parallel Shaft Geared Motors Market, report scope
TABLE 2. Global Parallel Shaft Geared Motors Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Parallel Shaft Geared Motors Market estimates & forecasts by Type 2018-2028 (USD Million)
TABLE 4. Global Parallel Shaft Geared Motors Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 5. Global Parallel Shaft Geared Motors Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 6. Global Parallel Shaft Geared Motors Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Parallel Shaft Geared Motors Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Parallel Shaft Geared Motors Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Parallel Shaft Geared Motors Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Parallel Shaft Geared Motors Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Parallel Shaft Geared Motors Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Parallel Shaft Geared Motors Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Parallel Shaft Geared Motors Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Parallel Shaft Geared Motors Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. U.S. Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 17. U.S. Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. Canada Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 19. Canada Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. UK Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 22. UK Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. Germany Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 25. Germany Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. RoE Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 28. RoE Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. China Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 31. China Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. India Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 34. India Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. Japan Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 37. Japan Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. RoAPAC Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 40. RoAPAC Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. Brazil Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 43. Brazil Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Mexico Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 46. Mexico Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. RoLA Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 49. RoLA Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. Row Parallel Shaft Geared Motors Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 52. Row Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Parallel Shaft Geared Motors Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. List of secondary sources, used in the study of global Parallel Shaft Geared Motors Market
TABLE 55. List of primary sources, used in the study of global Parallel Shaft Geared Motors Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered
List of Figures
FIG 1. Global Parallel Shaft Geared Motors Market, research methodology
FIG 2. Global Parallel Shaft Geared Motors Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Parallel Shaft Geared Motors Market, key trends 2021
FIG 5. Global Parallel Shaft Geared Motors Market, growth prospects 2022-2028
FIG 6. Global Parallel Shaft Geared Motors Market, porters 5 force model
FIG 7. Global Parallel Shaft Geared Motors Market, pest analysis
FIG 8. Global Parallel Shaft Geared Motors Market, value chain analysis
FIG 9. Global Parallel Shaft Geared Motors Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Parallel Shaft Geared Motors Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Parallel Shaft Geared Motors Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Parallel Shaft Geared Motors Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Parallel Shaft Geared Motors Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Parallel Shaft Geared Motors Market, regional snapshot 2018 & 2028
FIG 15. North America Parallel Shaft Geared Motors Market 2018 & 2028 (USD Million)
FIG 16. Europe Parallel Shaft Geared Motors Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Parallel Shaft Geared Motors Market 2018 & 2028 (USD Million)
FIG 19. Global Parallel Shaft Geared Motors Market, company Market share analysis (2021)

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