Global Slew Drive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Slew Drive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Slew Drive market size was valued at USD 2721.6 million in 2023 and is forecast to a readjusted size of USD 3722.2 million by 2030 with a CAGR of 4.6% during review period.

The slewing drive is a gearbox that can safely hold radial and axial loads, as well as transmit a torque for rotating. The rotation can be in a single axis, or in multiple axes together. Slewing drives are made by manufacturing gearing, bearings, seals, housing, motor and other auxiliary components and assembling them into a finished gearbox.

One can consider the slewing drive as a gearbox because the core motion components are the slewing bearing and worm shaft. It also consists of auxiliary components such as seals, housing, and motor. As a power source, slew motor is usually DC planetary gear motor or AC gear motor. AC hydraulic motor is mainly used in the construction machinery as a power drive system. As the core component is slewing ring drive, slewing gearbox can readily withstand the axial and radial forces. The slew drive working principle: The worm is driven by the motor, which drives the outer ring of the slewing ring to rotate; The outer ring output the torque through the flange and the inner ring of the slewing ring is fixed in the housing.

The Global Info Research report includes an overview of the development of the Slew Drive industry chain, the market status of Renewable Energy (Single Axis, Dual Axis), Medical Equipment (Single Axis, Dual Axis), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Slew Drive.

Regionally, the report analyzes the Slew Drive 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 Slew Drive market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Slew Drive 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 Slew Drive 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., Single Axis, Dual Axis).

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 Slew Drive market.

Regional Analysis: The report involves examining the Slew Drive 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 Slew Drive market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Slew Drive:

Company Analysis: Report covers individual Slew Drive 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 Slew Drive This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Renewable Energy, Medical Equipment).

Technology Analysis: Report covers specific technologies relevant to Slew Drive. It assesses the current state, advancements, and potential future developments in Slew Drive areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Slew Drive 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

Slew Drive 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
Single Axis
Dual Axis
Others

Market segment by Application
Renewable Energy
Medical Equipment
Construction and Transportation Equipment
Equipment Platform
Aviation and Defense
Others

Major players covered
ThyssenKrupp
The Timken (Cone Drive)
IMO Group
La Leonessa
Liebherr
Fangyuan
Fenghe
Wanda Slewing Bearing
NBC Group Ltd
Kinematics Manufacturing (KMI)
Socare
Slew Master, Inc.
Rodriguez GmbH
TGB Group
Bonfiglioli
Dana SAC UK Ltd.
EngNetGlobal
Kavitsu Bearings
Cleveland Gear Company, Inc.

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 Slew Drive product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Slew Drive, with price, sales, revenue and global market share of Slew Drive from 2019 to 2024.

Chapter 3, the Slew Drive competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Slew Drive 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 Slew Drive 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 Slew Drive.

Chapter 14 and 15, to describe Slew Drive sales channel, distributors, customers, research findings and conclusion.