Global Slew Drive Market Growth 2023-2029

Global Slew Drive Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Slew Drive 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 Slew Drive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Slew Drive market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Slew Drive 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 Slew Drive.

The global Slew Drive 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.

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.

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

Market Segmentation:

Segmentation by type
Single Axis
Dual Axis
Others

Segmentation by application
Renewable Energy
Medical Equipment
Construction and Transportation Equipment
Equipment Platform
Aviation and Defense
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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Slew Drive market?

What factors are driving Slew Drive market growth, globally and by region?

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

How do Slew Drive market opportunities vary by end market size?

How does Slew Drive 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.