Global Industrial 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 “Industrial Geared Motors Industry Forecast” looks at past sales and reviews total world Industrial Geared Motors sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Geared Motors sales for 2023 through 2029. With Industrial Geared Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Geared Motors industry.
This Insight Report provides a comprehensive analysis of the global Industrial 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 Industrial Geared Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Geared Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial 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 Industrial Geared Motors.
The global Industrial 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.
United States market for Industrial Geared Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Industrial Geared Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Industrial Geared Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Industrial Geared Motors players cover SEW-EURODRIVE, Sumitomo Heavy Industries, Weg, Siemens, Nord, TECO, Rossi SpA, Nidec and Renold, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial 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
Weg
Siemens
Nord
TECO
Rossi SpA
Nidec
Renold
ACTOM
JIE
Bonfiglioli
Transtecno
Benzlers
I-MAK
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Geared Motors market?
What factors are driving Industrial Geared Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Geared Motors market opportunities vary by end market size?
How does Industrial 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.