Press release
Geared Motors Market Size, Growth and SWOT Analysis by Key Players: Maxon Motor, Siemens, Elecon, Framo Morat, Portescap, Varvel, Leroy Somer, WEG, Bauer Gear Motor
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.
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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 global Geared Motors market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Geared Motors volume and value at global level, regional level and company level. From a global perspective, this report represents overall Geared Motors market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
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
Geared Motors Market Segment by Regions
North America
Europe
China
Japan
Geared Motors Market Segment by Type
By Product
Gearbox
Gear Motor
By Gear Type
Helical
Planetary
Helical-Bevel
Worm, & Others
By Torque
Up to 10,000 Nm
Above 10,000 Nm
Geared Motors Market Segment by Application
Metals & Mining
Cement & Aggregates
Automotive
Power Generation
Construction
Chemicals
Rubber & Plastics
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