Press release
Geared Motors Market Size to Reach USD 27 Billion by 2026 – Arizton
The emergence of COVID-19 has adversely impacted the geared motors market by lowering production in several end-user industries. The closures of many assembly plants led to economic distress, and the risk of default increased. Vendor margins have been impacted in Q2 and Q3 2020, and vendors will continue to experience margin pressures as the payment terms are expected to be realigned. Due to COVID-19, the APAC region has faced a severe impact on its supply chain due to the huge dependency on import and export activities. This has resulted in slowed down production in several end-user industries such as F&B, automotive, and others. The market growth in China has been estimated to witness a drop from around 6% in 2019 to 1% to 1.5% by the end of 2020.
Request for Free Sample - https://www.arizton.com/market-reports/geared-motors-market
The global geared motors market by revenue is expected to grow at a CAGR of approx. 5% during the period 2021–2026.
The following factors are likely to contribute to the growth of the global geared motors market during the forecast period:
• The emergence of Magnetic Gearboxes
• Increase in Wind Power Installations
• Demand for Geared Motors from Agriculture & Forestry Industries
• Growth in Infrastructural Development in Emerging Countries
Base Year: 2020
Forecast Year: 2021–2026
The study considers the present scenario of the geared motors market and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Prominent Vendors
• ABB
• Eaton
• Johnson Electric
• Mitsubishi
• Nidec Corporation
• Regal Beloit Corporation
• Siemens
• Sumitomo Heavy Industries
• WEG
Other Prominent Vendors
• Bauer Gear Motor
• Bison Gear & Engineering
• Bonfiglioli
• Dana Brevini Power Transmission
• Groschopp
• Sew-Eurodrive
• Teco Electric Company
• Varvel Group
Motor Type
• AC Motor
• DC Motor
Sales Channel
• Direct Sales
• Indirect Sales
Gear Type
• Helical Gear Motors
• Planetary Gear Motors
• Helical-Bevel Gear Motors
• Worm Gear Motors
• Others
Rated Power
• Up to 7.5 kW
• 7.5 kW–75 kW
• Above 75 kW
End-user
• Food & Beverages
• Automotive
• Metal & Mining
• Chemicals
• Material Handling
• Oil & Gas
• Packaging
• Cements
• Marine
• Others
By Geography
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• APAC
o China
o Japan
o South Korea
o Australia
o India
• Latin America
o Brazil
o Mexico
o Chile
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Rest of Middle Eastern Countries
Looking for More Information? Click here - https://www.arizton.com/market-reports/geared-motors-market
Source: Geared Motors Market - Global Outlook and Forecast 2021-2026 by Arizton Advisory & Intelligence
About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Geared Motors Market Size to Reach USD 27 Billion by 2026 – Arizton here
News-ID: 2213277 • Views: …
More Releases for Gear
Revolutionizing Success in the Gear Racks Market: Latest Trends, Technological A …
The Gear Racks Market research study is a professional report with premium insights into the size of the business, current patterns, drivers, risks, potential outcomes, and major segments. The Industry Report forecasts the future growth of the market based on precise assumptions. Furthermore, based on input from industry experts, the report provides actionable insights into the Gear Racks Market's future growth to assist readers in developing effective strategies. The research…
Global Aircraft Landing Gear Market By Type: Nose Landing Gear, Main Landing Gea …
The airplane's landing gear supports the entire weight of the aircraft during landing and landing procedures. They are attached to the main structural elements of the airplane. The type of equipment required depends on the design and planned use of the aircraft. Most trolleys have wheels to make it easier to move them over uneven surfaces, like the floor. Other objects also include skids, such as the tail portion of…
Abstract of Speed Changer, Industrial High-Speed Drive, and Gear Market 2019 by …
The Speed Changer, Industrial High-Speed Drive, and Gear Market report provides detailed information on past, present and future market trends including the development rate, capacities, growth drivers, technologies and the capital structure. The Speed Changer, Industrial High-Speed Drive, and Gear Market report aims to provide comprehensive details to help market players and consultants to understand the on-going scenario of the Speed Changer, Industrial High-Speed Drive, and Gear market. The Speed…
Gear Racks Market Size, Status, Top Emerging Trends, Growth and Business Opportu …
A new business intelligence report released by Up Market Research on “Global Gear Racks Market”. Report provides a comprehensive market analysis with future prospects to 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108986
The report contains 119 pages which highly exhibit on current market analysis scenario, upcoming…
Hurtle Gear
Hurtle Gear is your one-stop shop for all motorcycle parts, products and accessories. Beautiful products and brilliant service.
Hurtle Gear is your one-stop shop for all motorcycle parts, products and accessories. Beautiful products and brilliant service.
Hurtle Gear
3/4 Mummery Crescent
Bunbury
Western Australia
6230…
Global Worm Gear Drives Market Price, Sales, Gross Margin, Growth Rate by Timken …
A worm drive is a gear arrangement in which a worm (which is a gear in the form of a screw) meshes with a worm gear (which is similar in appearance to a spur gear).
Like other gear arrangements, a worm drive can reduce rotational speed or transmit higher torque. A worm is an example of a screw, one of the six simple machines.
Download Sample Report of Worm Gear Drives Market…
