Gear Motor Industry 2019 Global Market Growth, Size, Demand, Trends, Insights and Forecast 2026

Flexible usage and cost-effective feature of modular designing of gear motors are boosting the global gear motor market says Fortune Business Insights in their new study. The study is titled,”Gear Motor Market Size, Share and Global Trend By Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Others), By Power Rating (Up to 7.5kW, 7.5kW to 75kW, Above 75kW), By End User (Material Handling, Food & Beverages, Metals & Mining’s, Automobile, Construction, Power Generation, Others), and Geography Forecast till 2026”. The report offers a comprehensive analysis of the market, covering growth drivers, restraints, and opportunities impacting the market’s growth trajectory.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/gear-motor-market-100753

The global gear motor market is categorized based on end-user and type. Based on type, the market is divided into planetary gear, worm gear, helical gear, bevel gear, and others. Helical gears are suited for heavy load and high-speed application while the bevel gears help to transfer power between right-angle drives of conveyers and blenders and intersecting shafts that are used for automotive differentials. Worm gears, on the other hand, are applied in transportation machinery, automobile tools, and machine tools since they consist of gear similar to a screw.

Key Market Driver – Adoption of energy-efficient gear drives

Key Market Restraint – Manufacturing cost is high

Top Players Overview:

  • Siemens
  • Winergy
  • Bonfiglioli
  • SEW Eurodrive
  • Bauer Gear Motor
  • China High-Speed Transmission Equipment Group Co. Ltd.
  • Eaton Corporation
  • Nidec Corporation
  • ABB
  • Bosch Rexroth
  • Premium Transmission
  • ZF Friedrichshafen
  • Regal Beloit Corporation

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Key Industry Developments

  • In February 2019, the Premium transmission is opening its new development centre in Kolkata, India to expand its production of gearboxes, geared motors, and fluid coupling. The company’s eyeing to cater to core sectors like steel, power, oil and gas, sugar, cement, and construction.
  • In April 2018, Regal Beloit Corporation announced that it has acquired Nicotra Gebhardt for approximately $154 million. From this acquisition, Regal Beloit is strengthening its capability to deliver energy efficient solution.

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Key Segmental Overview:

  1. By Type
  • Helical Gear
  • Planetary Gear
  • Bevel Gear
  • Worm Gear
  • Others
  1. By Power Rating
  • Up to 7.5kW
  • 5kW to 75kW
  • Above 75kW
  1. By End User
  • Material Handling
  • Food & Beverages
  • Metals & Mining’s
  • Automobile
  • Construction
  • Power Generation
  • Others
  1. By Geography
  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/gear-motor-market-100753

Major Table of Content for Gear Motor Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Gear Motor Market Analysis, Insights and Forecast, 2026
  6. North America Gear Motor Market Analysis, Insights and Forecast, 2026
  7. Europe Gear Motor Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Gear Motor Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Gear Motor Market Analysis, Insights and Forecast, 2026
  10. Latin America Gear Motor Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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