Global Geared Motors Market Growth 2023-2029

Global Geared Motors Market Growth 2023-2029

The central role in the gearmotor is performed by the gear unit and its gear unit stages, the gear pairs. These features transmit the force of the motor from the input end to the output end. The gear unit therefore functions as a converter of speed and torque.In most application cases, the gear unit slows down the rotational speed of the motor while at the same time transmitting significantly higher torques than the electric motor alone could provide. With that in mind, the design of the gear unit determines whether a gearmotor is suitable for light, medium or heavy loads and for short or long power-applied hours.
LPI (LP Information)' newest research report, the “Geared Motors Industry Forecast” looks at past sales and reviews total world Geared Motors sales in 2022, providing a comprehensive analysis by region and market sector of projected Geared Motors sales for 2023 through 2029. With Geared Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geared Motors industry.
This Insight Report provides a comprehensive analysis of the global Geared 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 Geared Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Geared Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geared 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 Geared Motors.
The global Geared Motors market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In Sub-Saharan, Geared Motors key players include Sew-Eurodrive, Sumitomo, ABB,etc. Global top three manufacturers hold a share nearly 50%.
Nigeria is the largest market in Sub-Saharan, with a share about 20%, followed by Kenia, and Angola, both have a share over 10 percent.
In terms of product, Helical Type is the largest segment, with a share over 40%. And in terms of application, the largest application is Food and Beverages, followed by Packaging, Logistics, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Geared Motors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Worm Type
Planetary Type
Helical Type
Helical Bevel Type
Segmentation by application
Food and Beverages
Packaging
Logistics
Chemical Industry
Pharmaceuticals
Others
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.
SEW-EURODRIVE
Sumitomo Heavy Industries
ABB
Siemens
Nord
Weg
TECO
Rossi SpA
Nidec
Demag
Renold
ACTOM
JIE

Key Questions Addressed in this Report
What is the 10-year outlook for the global Geared Motors market?
What factors are driving Geared Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Geared Motors market opportunities vary by end market size?
How does Geared 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.