Market Research Future (MRFR) has published a research report about the global Gear Motor Market is expected to grow at 5.80% CAGR during the forecast period. Report analyzes gear motor Market Upcoming Opportunities, challenges, Key Country Analysis, with business development strategies, And key players insights. Report provides comprehensive information on Global gear motor Market size, share, industry trends, growth, with regional forecast to 2023.
Gear Motor Market – Overview
Gear motor is a motor assembled with a set of speed gears. An electric motor and reduction gear are integrated into a single unit, which further can be collectively installed with motor shaft better compactness. These kinds of motors can be operated in various directions such as horizontal, vertical, or tilted position. Larger torque can be achieved by using a higher gear ratio. These motors also comprise of mechanical gears to control the speed of the motor depending upon the type of application and requirements.
The global gear motor marketis projected to grow at a moderate rate during the forecast period, due to growing number of energy projects requiring high level of efficiency. Also, growing number of renewable energy projects are likely to become the prominent contributor towards green revolution and growing number of industries are majorly driving the global gear motors market. Evolutionary changes in the designing processes, implementation of modular and compact design of the gear motor, and simplified mechanical designs of any product are also the major factors driving the gear motors market.
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Gear Motor Market Segments Analysis:
Global gear motor market has been segmented based on gear type, product type, rated power, torque, industry, and region.
Global Gear Motor Market, By Gear Type
- Planetary Gear Motors
- Helical Gear Motors
- Helical-Bevel Gear Motors
- Worm Gear Motors
- Other Motors
Global Gear Motor Market, By Product Type
- Gearbox
- Integrated Gear Motor Unit
Global Gear Motor Market, By Rated Power (kW)
- Up to 7.5 kW
- 5 to 75 kW
- Above 75 kW
Global Gear Motor Market, By Torque (Nm)
- Up to 10,000 Nm
- Above 10,000 Nm
Global Gear Motor Market, By Regions
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- South America
Gear Motor Regional Market Analysis:
Region wise, Asia-Pacific held the largest market share of the global gear motors market in 2017. The countries contributing to the largest market share of the region include India, and China, among major Southeast Asian countries. Moreover, India and China are also expected to be the fastest growing countries due to development of existing infrastructure.
Prominent Players Analysis:
Eaton Corporation PLC., Siemens AG, Baldor Electric Company, Sew-Eurodrive GmbH & Co. Kg, Winergy, Watt Drive Antriebstechnik GmbH, Bauer Gear Motor GmbH, Sumitomo Heavy Industries Ltd, Johnson Electric Holdings Limited, Emerson Electric Co, Elecon Engineering Company Ltd, China High Speed Transmission Equipment Group Co. Ltd, Brevini Power Transmission S.P.A., and Bonfiglioli Riduttori S.P.A.
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List of Tables
Table 1 Global Gear Motors Market, By Region, 2016-2023 (USD Million)
Table 2 North America Gear Motors Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Gear Motors Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Gear Motors Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East & Africa Gear Motors Market, By Country, 2016-2023 (USD Million)
Table 6 South America Gear Motors Market, By Country, 2016-2023 (USD Million)
Table 7 Global Gear Motors Market, By Gear Type, 2016-2023 (USD Million)
Table 8 North America Gear Motors Market, By Gear Type, 2016-2023 (USD Million)
Table 9 Europe Gear Motors Market, By Gear Type, 2016-2023 (USD Million)
Table 10 South America Gear Motors Market, By Gear Type, 2016-2023 (USD Million)
Table 11 Global Gear Motors Market, By Product Type, 2016-2023 (USD Million)
Table 12 North America Gear Motors Market, By Product Type, 2016-2023 (USD Million)
Continued….
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