Gear Motor Market Research Report 2018 Global Industry Analysis by Key Players, Potential Growth, Opportunities, Challenges, Development Trend and Regional Forecast To 2023

Gear Motor Market Research Report 2018 Global Industry Analysis by Key Players, Potential Growth, Opportunities, Challenges, Development Trend and Regional Forecast To 2023

“Gear Motor Market”
Gear Motor Market Research Report: Information by Gear Type (Planetary, Helical, Helical-Bevel, Worm), Product Type (Gearbox, Integrated Gear Motor Unit) Rated Power, kW (Up to 7.5, 7.5-75, and Above 75), Torque (Nm), Industry (F&B, Material Handling, Automotive) & Region – Global Forecast till 2023

The global gear motor market is 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.

Global gear motor market is expected to witness a moderate growth during the forecast period owing to increasing renewable energy generation and requirement of increasing efficiency in the renewable sector. For instance, wind segment dominates the market as many offshore turbines are being installed for catering to increasing energy demand.

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Global Gear Motor Market Segments

Global gear motor market has been segmented based on gear type, product type, rated power, torque, industry, and region.

Based on gear type, the market has been classified into planetary gear motor, helical gear motor, helical-bevel gear motor, worm gear motor, and others.

Based on industry, the market is segmented as material handing, food & beverage, metals & mining, automotive, power generation (excluding wind power), marine, wind power, cement & aggregates, construction, chemicals, rubber, and plastics, and others.

Geographically, the global gear motor market has been segmented into four major regions, such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Regional Outlook

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.

Key Players

The key players of the global Gear Motors market are 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, among others. 

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)

Table 13 Europe Gear Motors Market, By Product Type, 2016-2023 (USD Million)

Table 14 Asia-Pacific Gear Motors Market, By Product Type, 2016-2023 (USD Million)

Continue……

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