Press release
Global Geared Motors Market Research, growth trends and opportunities for the forecast period 2018-2025
This study focuses on the production side and consumption side of Geared Motors, presents the global Geared Motors market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Geared Motors capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Geared Motors by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Geared motors refer to those motors which comprise of mechanical gears to control the speed/torque of the motor depending upon the type of application and requirements.
Agriculture industry uses gear motors for applications such as harvesting, weed control, seed spreading and irrigation. Forest department primarily deploys geared motors for producing lumber. The rising demand for wooden products across the globe is supporting the growth of the lumber market.
The government support for encouraging agriculture and rising investments in the overall food and beverage industry are the factors propelling the growth of automatic machines across the agriculture and forestry industry.
Asia-Pacific is estimated to be the largest market for gear motors, with China expected to lead the market in terms of growth rate from 2018 to 2023. The increasing investments in renewable energy, especially wind power generation, and industrialization in countries such as China, Japan, and India propels the growth of the market in the region.
The Geared Motors market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Geared Motors.
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This report includes the following manufacturers; we can also add the other companies as you want.
Maxon Motor
Siemens
Elecon
Framo Morat
Portescap
Varvel
Leroy Somer
WEG
Bauer Gear Motor
Bison
Johnson Electric
Sumitomo Drive
SEW-Eurodrive
BFT Automation
Bonfiglioli Riduttori
Winergy
Watt Drive Antriebstechnik
Brevini Power Transmission
Elecon Engineering
Eaton
China High Speed Transmission Equipment
Emerson Electric
Market Segment by Product Type
Gearbox
Gear Motor
Market Segment by Application
Metals & Mining
Cement & Aggregates
Automotive
Power Generation
Construction
Chemicals
Rubber & Plastics
Key Regions split in this report:
North America
United States
Canada
Mexico
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