Global Gear Motors Market Growth 2023-2029

Global Gear Motors Market Growth 2023-2029

Gear motors are employed for power transmission in almost all major industries, including wind power, material handling, food & beverage, infrastructure, and metals & mining.

LPI (LP Information)' newest research report, the “Gear Motors Industry Forecast” looks at past sales and reviews total world Gear Motors sales in 2022, providing a comprehensive analysis by region and market sector of projected Gear Motors sales for 2023 through 2029. With Gear Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gear Motors industry.

This Insight Report provides a comprehensive analysis of the global Gear Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gear Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gear Motors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gear Motors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gear Motors.

The global Gear Motors market size is projected to grow from US$ 17810 million in 2022 to US$ 24850 million in 2029; it is expected to grow at a CAGR of 24850 from 2023 to 2029.

The Asia-Pacific region is undergoing rapid industrialization and fast-paced infrastructural development to upgrade and expand the current infrastructure. China and India are the key contributors to the growth of the gear motors market in Asia-Pacific.

This report presents a comprehensive overview, market shares, and growth opportunities of Gear Motors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Parallel Shaft Gear Motors
Right-Angle Shaft Gear Motors
Planetary Gear Motors

Segmentation by application
Agriculture Equipment
Medical Equipment
Industrial Equipment
Security Equipment

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Eaton
Siemens
Baldor Electric
Sew-Eurodrive
Winergy
Bonfiglioli Riduttori
Brevini Power Transmission
China High Speed Transmission Equipment
Elecon Engineering
Emerson Electric
Johnson Electric Holdings
Bauer Gear Motor
Watt Drive Antriebstechnik

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gear Motors market?

What factors are driving Gear Motors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gear Motors market opportunities vary by end market size?

How does Gear Motors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.