The Geared Motors and Drives Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Geared motors, Geared drives), End-User (Food and beverage, Metals and mining, Automotive, Wind power, Oil and gas, Others).
The Geared Motors and Drives Market in 2024 signifies the demand for integrated motor and gearbox solutions in various industrial applications. Characterized by geared motors, gear reducers, and drive systems, the market supports precise and controlled mechanical motion. With a focus on efficiency, compact design, and customization for specific applications, the Geared Motors and Drives Market contributes to enhancing the performance of machinery and equipment in industries such as manufacturing and material handling.
One prominent trend in the Geared Motors and Drives Market is the increasing integration of smart technologies. As industrial processes become more advanced and interconnected, there is a growing demand for geared motors and drives that can seamlessly integrate with smart systems. The integration of sensors, IoT capabilities, and advanced control algorithms allows for real-time monitoring, predictive maintenance, and enhanced efficiency in industrial operations. Manufacturers in this market are increasingly focusing on developing smart, connected solutions to meet the evolving needs of industries striving for automation and digitalization.
A significant driver for the Geared Motors and Drives Market is the growing emphasis on energy efficiency across various industries. As sustainability becomes a key concern, businesses are actively seeking energy-efficient solutions to reduce operational costs and minimize environmental impact. Geared motors and drives play a crucial role in optimizing energy consumption in industrial processes. The implementation of high-efficiency motors, precision gearing, and advanced drive systems not only enhances overall performance but also contributes to the sustainability goals of businesses. This heightened focus on energy efficiency is driving the adoption of technologically advanced geared motors and drives in the market.
An emerging opportunity in the Geared Motors and Drives Market is the rapid rise in industrial automation. The increasing adoption of automation technologies across manufacturing, logistics, and other industrial sectors creates a significant demand for reliable and efficient motion control systems, of which geared motors and drives are integral components. As industries automate their processes to improve productivity and reduce manual intervention, there is a considerable market opportunity for geared motors and drives manufacturers to provide tailored solutions that can seamlessly integrate into automated systems. This trend opens doors for innovation and customization to meet the specific needs of automated industrial applications.
By Type
By End-User
Geographical Analysis
*List not exhaustive
• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Geared Motors and Drives Market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Geared Motors and Drives Market industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.
TABLE OF CONTENTS
1 Introduction to 2024 Geared Motors and Drives Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Geared Motors and Drives Market Size Outlook, $ Million, 2021 to 2030
3.2 Geared Motors and Drives Market Outlook by Type, $ Million, 2021 to 2030
3.3 Geared Motors and Drives Market Outlook by Product, $ Million, 2021 to 2030
3.4 Geared Motors and Drives Market Outlook by Application, $ Million, 2021 to 2030
3.5 Geared Motors and Drives Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Geared Motors and Drives Market Industry
4.2 Key Market Trends in Geared Motors and Drives Market Industry
4.3 Potential Opportunities in Geared Motors and Drives Market Industry
4.4 Key Challenges in Geared Motors and Drives Market Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Geared Motors and Drives Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Geared Motors and Drives Market Outlook By Segments
7.1 Geared Motors and Drives Market Outlook by Segments
By Type
Geared motors
Geared drives
By End-User
Food and beverage
Metals and mining
Automotive
Wind power
Oil and gas and others
8 North America Geared Motors and Drives Market Analysis And Outlook To 2030
8.1 Introduction to North America Geared Motors and Drives Markets in 2024
8.2 North America Geared Motors and Drives Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Geared Motors and Drives Market size Outlook by Segments, 2021-2030
By Type
Geared motors
Geared drives
By End-User
Food and beverage
Metals and mining
Automotive
Wind power
Oil and gas and others
9 Europe Geared Motors and Drives Market Analysis And Outlook To 2030
9.1 Introduction to Europe Geared Motors and Drives Markets in 2024
9.2 Europe Geared Motors and Drives Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Geared Motors and Drives Market Size Outlook By Segments, 2021-2030
By Type
Geared motors
Geared drives
By End-User
Food and beverage
Metals and mining
Automotive
Wind power
Oil and gas and others
10 Asia Pacific Geared Motors and Drives Market Analysis And Outlook To 2030
10.1 Introduction to Asia Pacific Geared Motors and Drives Markets in 2024
10.2 Asia Pacific Geared Motors and Drives Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Geared Motors and Drives Market size Outlook by Segments, 2021-2030
By Type
Geared motors
Geared drives
By End-User
Food and beverage
Metals and mining
Automotive
Wind power
Oil and gas and others
11 South America Geared Motors and Drives Market Analysis And Outlook To 2030
11.1 Introduction to South America Geared Motors and Drives Markets in 2024
11.2 South America Geared Motors and Drives Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Geared Motors and Drives Market size Outlook by Segments, 2021-2030
By Type
Geared motors
Geared drives
By End-User
Food and beverage
Metals and mining
Automotive
Wind power
Oil and gas and others
12 Middle East And Africa Geared Motors and Drives Market Analysis And Outlook To 2030
12.1 Introduction to Middle East and Africa Geared Motors and Drives Markets in 2024
12.2 Middle East and Africa Geared Motors and Drives Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Geared Motors and Drives Market size Outlook by Segments, 2021-2030
By Type
Geared motors
Geared drives
By End-User
Food and beverage
Metals and mining
Automotive
Wind power
Oil and gas and others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
ABB Ltd.
Boneng Transmission Suzhou Co. Ltd.
Bonfiglioli Riduttori Spa
Dana Inc.
dematek GmbH and Co. KG
DieQua Corp.
Eaton Corp. Plc
Elecon Engineering Co. Ltd.
Emerson Electric Co.
Groschopp
Johnson Electric Holdings Ltd.
Mitsubishi Electric Corp.
Nidec Corp.
Regal Rexnord Corp.
SDT Drive Technology
SEW-EURODRIVE GmbH and Co KG
Siemens AG
Sumitomo Heavy Industries Ltd.
Watt Drive Antriebstechnik GmbH
Nord Gear Ltd.
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
By End-User
Geographical Analysis
The global Geared Motors and Drives Market is one of the lucrative growth markets, poised to register a 6.8% growth (CAGR) between 2024 and 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
ABB Ltd., Boneng Transmission Suzhou Co. Ltd., Bonfiglioli Riduttori Spa, Dana Inc., dematek GmbH and Co. KG, DieQua Corp., Eaton Corp. Plc, Elecon Engineering Co. Ltd., Emerson Electric Co., Groschopp, Johnson Electric Holdings Ltd., Mitsubishi Electric Corp., Nidec Corp., Regal Rexnord Corp., SDT Drive Technology, SEW-EURODRIVE GmbH and Co KG, Siemens AG, Sumitomo Heavy Industries Ltd., Watt Drive Antriebstechnik GmbH, and Nord Gear Ltd.
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume