openPR Logo
Press release

Slewing Drives Market Analysis, Revenue, Price, Share, Growth Rate, Forecast 2028

06-21-2021 11:34 AM CET | IT, New Media & Software

Press release from: TMR Research

Slewing Drives Market Analysis, Revenue, Price, Share, Growth

Global Slewing Drives Market: Overview

The global slewing drives market has advanced continuously on the back of their growing adoption in precision motion technology applications. They are thus used in diverse range of applications including heavy load transporters, wind turbines, solar trackers, hydraulic equipment, and harbor cranes. They also find use in crane steering mechanisms, heavy load manipulators, and ship propulsion systems. Slewing drives can be employed into multiple stages of gearing and powered with either hydraulic or an electric motor. Technological advancements made in the slewing drives market have led to optimizing the torque performance and radial load capacity. Such advances have benefitted applications where high forces are involved. Cases in point are steering gearboxes in cranes and other heavy-duty vehicles, and building and agricultural machinery.

Get Brochure of the Report @

The report on the global slewing drives market is prepared with rigorous statistical assessment of the size of the market, shares of key segments, and provides the key data outliers. It takes a an in-depth insight into promising avenues, custom solutions gathering traction among industry users, and changing competitive landscape. The assessments are likely to guide new entrants as well as established players to target new lucrative avenues.

Global Slewing Drives Market: Key Developments

Manufacturers are increasingly focusing on slewing drive units that generate low heat even at high force transfer, such as in heavy load manipulators. Top players have been actively conducting research and development activities for unveiling products in the slewing drives with new design and vast efficiency improvements. Numerous players have also focused on offering custom solutions to various end-use industries. They are also keen on developing slewing drives with modular design.

Some of the key players in the slewing drives market are Young Powertech Inc., TGB Group Technologies, Luoyang SBI Special Bearing Co., Ltd., Kinematics Manufacturing LLC, IMO Group, Bonfiglioli Riduttori SpA, and AKSH Manufacturing Pvt. Ltd.

To get Incredible Discounts on this Premium Report, Click Here @

Global Slewing Drives Market: Growth Dynamics

Growing utilization of slewing drives into renewable energy applications most notably wind energy and solar trackers has boosted sales revenue in the slewing drives market. The strides made by manufacturing sector in various parts of the world is also a key trend boosting the market. Moreover, various government regulations that support manufacturing policies in developing and developed economies have catalysed demand for precision motion technologies such as slewing drives. Furthermore, the global slewing drives market has witnessed promising avenues in the wave of automation in developing economies. Strides made by the uptake of heavy machine construction has also propelled the expansion of the slewing drives market. Rise in construction sector in a few industrialized nations is fueling the expansion of the global slewing drives market.

However, the high cost of the equipment has dampened the demands in cost-sensitive countries. Further, the high cost of maintenance of heavy machineries that use slewing drives has also impeded the rapid growth of the slewing drives market. On the other hand, self-locking technology has been witnessing considerably uptake, thereby bolstering the prospects of the market.

Key application areas in the slewing drive market are solar trackers, man lifts, hydraulic machinery, cranes, and drilling equipment.

Global Slewing Drives Market: Regional Analysis

On the global front, Asia Pacific has shown extraordinary potential. A big impetus to the demands for slewing drives in the regional market has come from the adoption of renewable power machinery. A sizable demand has come from Gulf Cooperation Council countries. Burgeoning generation of solar energy in numerous economies in Asia is also fueling new prospects in the slewing drives market. Some other regional markets are Europe, North America, and the Middle East and Africa.

Request For TOC @

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.


TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Browse More Related Reports :

This release was published on openPR.

Permanent link to this press release:

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 Slewing Drives Market Analysis, Revenue, Price, Share, Growth Rate, Forecast 2028 here

News-ID: 2309666 • Views: 73

More Releases from TMR Research

Photographic Equipment Market Newer segments of application 2025 | Eastman Kodak …
Global Photographic Equipment Market: Snapshot The global photographic equipment market has gained substantially from the high demand for replacement of built-in lenses in digital as well as compact point-and-shoot cameras. The breakthrough innovations in technology is also adding to the growth of this market. The recent technological advancements have enabled vendors to introduce value-added services for photography equipment. Going forward, several technological advancements, such as the integration of touchscreens and HD
Mobile Handset Protection Market Exclusive insight on Transformation 2025 | Squa …
Mobile Handset Protection Market – Snapshot The global mobile handset protection market is expected to witness substantial growth over the period of forecast, thanks to the phenomenal penetration of mobile phones across the globe. In a world that is driven by communication and connectivity, mobile phones have become an integral part of everyday life. With the augmented awareness about the need and importance of mobile phones, the need for it protection
Acoustic Wave Sensor (SAW and BAW) Market Insights, Trends and Growth Outlook 20 …
Global Acoustic Wave Sensor (SAW and BAW) Market: Snapshot Acoustic wave sensors are a particular type of microelectromechanical systems, or MEMS, that depend on the use and modulation of acoustic waves in order to detect the presence of changes in a physical object or phenomenon. The acoustic wave sensor usually converts an electrical input into mechanical waves that can be influenced by the object or objects. This is because mechanical waves
Telepresence and Videoconferencing Market Study by 2025 | Avistar Communications …
Global Telepresence and Videoconferencing Market: Snapshot Telepresence refers to a technology bundle that can allow an individual or a group of people to achieve the sensation of being present at a different location. To do so they can also use telerobotics, and telepresence needs a user to achieve strongly the feeling of being present in a different intended location by providing them stimulus to single or multiple of their senses. More

All 5 Releases

More Releases for Slewing

Slewing Bearing Market 2021 Global Share, Trend, Segmentation, Analysis and Fore …
Slewing Bearing Market 2021 Global Slewing Bearing Scope and Market Size The recently published Slewing Bearing market report reveals an extensive study that has been conducted. This section presents a concise overview of the market status and the categorization of the market size based on the manufacturers, type, application, and regions. The report also provides a highlight of the aftermarket and the scope of the product/service. The report has been prepared with
Global Slewing Bearings Market 2020 Increasing Demand, Growth Analysis and Strat …
The report is an all-inclusive research study of the global Global Slewing Bearings Market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. The market analysts and researchers have done extensive analysis of the global Slewing Bearings market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim
New Research Indicates Huge Growth In Slewing Bearing Market ThyssenKrupp, The T …
Up Market Research added a new Slewing Bearing Market research report for the period of 2019 – 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 @ The report contains 103 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing
Slewing Bearings Market: Global Industry Size, Demand, Trends and 2025 Future Re …
2018 Deep Research Report on Global Slewing Bearings Industry published through its high quality database available at The report provides key statistics on the market status of the Slewing Bearings manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Complete report on Slewing Bearings market spreads across 172 pages profiling 20 companies and supported with 178 tables and figures @
Global Slewing Bearings Market 2018 - PSL, Antex, NSK
Apex Market Reports, recently published a detailed market research study focused on the “Slewing Bearings Market” across the global, regional and country level. The report provides 360° analysis of “Slewing Bearings Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Slewing Bearings on
Global Slewing Bearings Market - ThyssenKrupp, IMO Group, Schaeffler, SKF, Liebh …
The report that is written on the title Slewing Bearings Market 2016 covers all the aspects of the global market study. This report has an estimation about the Slewing Bearings Market size in terms of value (US$). The report contains the broad segmentation of the market. The report provides the information about the Slewing Bearings Market and also forecasts its position in the coming years. Slewing bearing is a rotational