NEW YORK, Sept. 12, 2022 /PRNewswire/ — The Geared Motors and Drives Market size is expected to grow by USD 6.99 billion during 2021-2026, at a CAGR of 6.85% during the forecast period, according to Technavio. The growing importance of accuracy in quality control (QC) processes, the growing need to maintain certification standards, large benefits of geared motor and drive systems in automotive plants will offer immense growth opportunities. However, emerging VSDs, high maintenance costs, and limitations of geared motors and drives will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Free Sample Report.
Geared Motors and Drives Market Segmentation
End-user
Food And Beverage
Metals And Mining
Automotive
Wind Power
Others
Geography
APAC
Europe
North America
Middle East And Africa
South America
Geared Motors and Drives Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our geared motors and drives market report covers the following areas:
Geared Motors and Drives Market size
Geared Motors and Drives Market trends
Geared Motors and Drives Market industry analysis
This study identifies the emergence of magnetic gearboxes as one of the prime reasons driving the geared motors and drives market growth during the next few years. Buy Sample Report.
Geared Motors and Drives Market Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Geared Motors and Drives Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Geared Motors and Drives Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
ABB Ltd.
Altra Industrial Motion Corp.
Anaheim Automation Inc.
Boneng Transmission Suzhou Co. Ltd.
Bonfiglioli Riduttori Spa
Dana Motion Systems Italia Srl
dematek GmbH and Co. KG
DieQua Corp
Eaton Corp. Plc
Elecon Engineering Co. Ltd.
Groschopp
Johnson Electric Holdings Ltd.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.
Geared Motors and Drives Market Key Highlights
CAGR of the market during the forecast period.
Detailed information on factors that will assist geared motors and drive market growth during the next five years
Estimation of the geared motors and drives market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the geared motors and drives market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of geared motors and drives market vendors
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Geared Motors And Drives Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.85% |
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Market growth 2022-2026 |
$ 6.99 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.52 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 43% |
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Key consumer countries |
US, China, India, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Altra Industrial Motion Corp., Anaheim Automation Inc., Boneng Transmission Suzhou Co. Ltd., Bonfiglioli Riduttori Spa, Dana Motion Systems Italia Srl, dematek GmbH and Co. KG, DieQua Corp, Eaton Corp. Plc, Elecon Engineering Co. Ltd., Groschopp, Johnson Electric Holdings Ltd., Mitsubishi Electric Corp., Nord Gear Ltd., Regal Rexnord Corp., SDT Drive Technology, SEW EURODRIVE, Siemens AG, Sumitomo Heavy Industries Ltd., and Watt Drive Antriebstechnik GmbH |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio “Industrials” Research Reports
Table Of Contents :
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by End-user
5.1 Market segments
Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user
5.3 Food and beverage – Market size and forecast 2021-2026
Exhibit 28: Chart on Food and beverage – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Food and beverage – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Food and beverage – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Food and beverage – Year-over-year growth 2021-2026 (%)
5.4 Metals and mining – Market size and forecast 2021-2026
Exhibit 32: Chart on Metals and mining – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Metals and mining – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Metals and mining – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Metals and mining – Year-over-year growth 2021-2026 (%)
5.5 Automotive – Market size and forecast 2021-2026
Exhibit 36: Chart on Automotive – Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Automotive – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Automotive – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Automotive – Year-over-year growth 2021-2026 (%)
5.6 Wind power – Market size and forecast 2021-2026
Exhibit 40: Chart on Wind power – Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Wind power – Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Wind power – Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Wind power – Year-over-year growth 2021-2026 (%)
5.7 Others – Market size and forecast 2021-2026
Exhibit 44: Chart on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Others – Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Others – Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by End-user
Exhibit 48: Market opportunity by End-user ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.4 Europe – Market size and forecast 2021-2026
Exhibit 58: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.5 North America – Market size and forecast 2021-2026
Exhibit 62: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 66: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.7 South America – Market size and forecast 2021-2026
Exhibit 70: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.8 US – Market size and forecast 2021-2026
Exhibit 74: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US – Year-over-year growth 2021-2026 (%)
7.9 China – Market size and forecast 2021-2026
Exhibit 78: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on China – Year-over-year growth 2021-2026 (%)
7.10 Germany – Market size and forecast 2021-2026
Exhibit 82: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.11 India – Market size and forecast 2021-2026
Exhibit 86: Chart on India – Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on India – Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on India – Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on India – Year-over-year growth 2021-2026 (%)
7.12 UK – Market size and forecast 2021-2026
Exhibit 90: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 94: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 95: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 97: Overview on factors of disruption
9.4 Industry risks
Exhibit 98: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 99: Vendors covered
10.2 Market positioning of vendors
Exhibit 100: Matrix on vendor position and classification
10.3 ABB Ltd.
Exhibit 101: ABB Ltd. – Overview
Exhibit 102: ABB Ltd. – Business segments
Exhibit 103: ABB Ltd. – Key offerings
Exhibit 104: ABB Ltd. – Segment focus
10.4 Altra Industrial Motion Corp.
Exhibit 105: Altra Industrial Motion Corp. – Overview
Exhibit 106: Altra Industrial Motion Corp. – Business segments
Exhibit 107: Altra Industrial Motion Corp. – Key offerings
Exhibit 108: Altra Industrial Motion Corp. – Segment focus
10.5 Bonfiglioli Riduttori Spa
Exhibit 109: Bonfiglioli Riduttori Spa – Overview
Exhibit 110: Bonfiglioli Riduttori Spa – Product / Service
Exhibit 111: Bonfiglioli Riduttori Spa – Key offerings
10.6 DieQua Corp
Exhibit 112: DieQua Corp – Overview
Exhibit 113: DieQua Corp – Product / Service
Exhibit 114: DieQua Corp – Key offerings
10.7 Eaton Corp. Plc
Exhibit 115: Eaton Corp. Plc – Overview
Exhibit 116: Eaton Corp. Plc – Business segments
Exhibit 117: Eaton Corp. Plc – Key news
Exhibit 118: Eaton Corp. Plc – Key offerings
Exhibit 119: Eaton Corp. Plc – Segment focus
10.8 Mitsubishi Electric Corp.
Exhibit 120: Mitsubishi Electric Corp. – Overview
Exhibit 121: Mitsubishi Electric Corp. – Business segments
Exhibit 122: Mitsubishi Electric Corp. – Key news
Exhibit 123: Mitsubishi Electric Corp. – Key offerings
Exhibit 124: Mitsubishi Electric Corp. – Segment focus
10.9 Regal Rexnord Corp.
Exhibit 125: Regal Rexnord Corp. – Overview
Exhibit 126: Regal Rexnord Corp. – Business segments
Exhibit 127: Regal Rexnord Corp. – Key offerings
Exhibit 128: Regal Rexnord Corp. – Segment focus
10.10 SDT Drive Technology
Exhibit 129: SDT Drive Technology – Overview
Exhibit 130: SDT Drive Technology – Product / Service
Exhibit 131: SDT Drive Technology – Key offerings
10.11 Siemens AG
Exhibit 132: Siemens AG – Overview
Exhibit 133: Siemens AG – Business segments
Exhibit 134: Siemens AG – Key news
Exhibit 135: Siemens AG – Key offerings
Exhibit 136: Siemens AG – Segment focus
10.12 Sumitomo Heavy Industries Ltd.
Exhibit 137: Sumitomo Heavy Industries Ltd. – Overview
Exhibit 138: Sumitomo Heavy Industries Ltd. – Business segments
Exhibit 139: Sumitomo Heavy Industries Ltd. – Key offerings
Exhibit 140: Sumitomo Heavy Industries Ltd. – Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 141: Inclusions checklist
Exhibit 142: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 143: Currency conversion rates for US$
11.4 Research methodology
Exhibit 144: Research methodology
Exhibit 145: Validation techniques employed for market sizing
Exhibit 146: Information sources
11.5 List of abbreviations
Exhibit 147: List of abbreviations
in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.
slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.
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