Industrial Gear Motors and Drives Market

Gear motors are power devices which generally constituted by a gear drive and a motor. Gear drives, also called gearbox, are transmission devices that widely used in low speed and high power equipment like crane, packaging machine and rolling machine.
In Industrial Gear Motors and Drives Market , we focus on the gear motors and drives used in industrial applications and exclude precision-geared products as well as geared products used in propulsion systems.
Industrial Gear Motors and Drives Market aims to provide a comprehensive presentation of the global market for Industrial Gear Motors and Drives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Gear Motors and Drives. Industrial Gear Motors and Drives Market contains market size and forecasts of Industrial Gear Motors and Drives in global, including the following market information:
Global Industrial Gear Motors and Drives Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Gear Motors and Drives Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Industrial Gear Motors and Drives companies in 2022 (%)
The global Industrial Gear Motors and Drives market was valued at US$ 16590 million in 2022 and is projected to reach US$ 24520 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest Industrial Gear Motors and Drives market with about 31% market share. Europe is follower, accounting for about 23% market share.
The key players are Siemens, SEW-EURODRIVE, Nord, Bosch Rexroth, Emerson, ABB, Altra Industrial Motion, Sumitomo Heavy Industries, Bonfiglioli, Rexnord, Weg, TECO, Guomao Reducer, Tailong Decelerator Machinery, Taixing Reducer, Tongli, Haoke, Hongtai, Tianjin Speed Reducer, Jiangsu Tailai Group etc. Top 3 companies occupied about 12% market share.
We surveyed the Industrial Gear Motors and Drives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Gear Motors and Drives Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Gear Motors and Drives Market Segment Percentages, by Type, 2022 (%)
Normal Gear
Worm Gear
Planetary Gear
Others
Global Industrial Gear Motors and Drives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Gear Motors and Drives Market Segment Percentages, by Application, 2022 (%)
Energy
Chemical
Food
Transportation
Others
Global Industrial Gear Motors and Drives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Gear Motors and Drives Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Gear Motors and Drives revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Gear Motors and Drives revenues share in global market, 2022 (%)
Key companies Industrial Gear Motors and Drives sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Industrial Gear Motors and Drives sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
SEW-EURODRIVE
Nord
Bosch Rexroth
Emerson
ABB
Altra Industrial Motion
Sumitomo Heavy Industries
Bonfiglioli
Rexnord
Weg
TECO
Guomao Reducer
Tailong Decelerator Machinery
Taixing Reducer
Tongli
Haoke
Hongtai
Tianjin Speed Reducer
Jiangsu Tailai Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Gear Motors and Drives, market overview.
Chapter 2: Global Industrial Gear Motors and Drives market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Gear Motors and Drives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Gear Motors and Drives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Gear Motors and Drives capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.