Global Industrial Gear Motors and Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Industrial Gear Motors and Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Industrial Gear Motors and Drives market size was valued at US$ 17670 million in 2023 and is forecast to a readjusted size of USD 26200 million by 2030 with a CAGR of 5.9% during review period.

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.

This report is a detailed and comprehensive analysis for global Industrial Gear Motors and Drives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Industrial Gear Motors and Drives market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Industrial Gear Motors and Drives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Industrial Gear Motors and Drives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Industrial Gear Motors and Drives market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Industrial Gear Motors and Drives

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Industrial Gear Motors and Drives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, SEW-EURODRIVE, Nord, Bosch Rexroth, Emerson, ABB, Altra Industrial Motion, Sumitomo Heavy Industries, Bonfiglioli, Rexnord, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

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. This analysis can help you expand your business by targeting qualified niche markets.

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 quantity, 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Industrial Gear Motors and Drives market forecast, by regions, by Type, and by 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.