Press release
Gear Motors Market Size - Industry Share Report 2021
Gear Motors Market
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“The gear motors market is projected to grow at a CAGR of 5.8% from 2016 to 2021”
The gear motors market is projected to reach USD 23.94 billion by 2021, growing at a CAGR of 5.8% from 2016 to 2021. Increasing wind power installations, the growing number of mechanical power transmission applications in industries, and the compact nature of the equipment is raising the global demand for gear motors. Gear motors are employed for power transmission in almost all major industries, including wind power, material handling, food & beverage, infrastructure, and metals & mining. Given the growing demand for motor-driven equipment in these industries, the demand for gear motors is set to increase in coming years.
“Wind power industry to dominate the global gear motors market”
With regard to industrial end-users, wind power installation is the fastest-growing segment for gearboxes, while material handling and food & beverage are the fastest-growing segments for gear motors. This growth can be attributed to technological advancements that have made gear motor manufacturing more efficient and cost-effective. Given the rising demand for gearboxes for wind power installations, the gearboxes segment of the gear motors market, by product type, is expected to retain its dominance throughout the forecast period.
Breakdown of Primaries:
• By Company Type: Tier 1- 30%, Tier2- 30%, Tier 3- 40%
• By Designation: C-Level- 25%, D-Level- 30%, Others- 45%
• By Region: North America- 10%, Europe- 10%, Asia-Pacific- 70%, the Middle East & Africa- 10%
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Key players include:
14.1 Introduction
14.2 Siemens AG
14.2.1 Business Overview
14.2.2 Products Offered
14.2.3 Recent Developments
14.2.4 SWOT Analysis
14.2.5 MnM View
14.3 Eaton Corporation PLC
14.3.1 Business Overview
14.3.2 Products Offered
14.3.3 Recent Developments
14.3.4 SWOT Analysis
14.3.5 MnM View
14.4 Brevini Power Transmission S.P.A
14.4.1 Business Overview
14.4.2 Products Offered
14.4.3 Recent Developments, 2012–2014
14.4.4 SWOT Analysis
14.5 Bauer Gear Motor GmbH
14.5.1 Business Overview
14.5.2 Products Offered
14.5.3 Recent Developments, 2012–2014
14.6 Emerson Electric Co.
14.6.1 Business Overview
14.6.2 Products Offered
14.6.3 Recent Developments
14.6.4 MnM View
14.7 Watt Drive Antriebstechnik GmbH
14.7.1 Business Overview
14.7.2 Products Offered
14.7.3 Recent Developments, 2012–2014
14.7.4 SWOT Analysis
14.8 Elecon Engineering Company Limited
14.8.1 Business Overview
14.8.2 Products Offered
14.8.3 Recent Developments, 2012–2014
14.9 Sew-Eurodrive GmbH & Co. Kg
14.9.1 Business Overview
14.9.2 Products Offered
14.9.3 Recent Developments, 2012–2014
14.9.4 SWOT Analysis
14.10 Sumitomo Heavy Industries Limited
14.10.1 Business Overview
14.10.2 Products Offered
14.10.3 Recent Developments, 2011–2015
Reasons to buy this report:
This research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the gear motors market, high-growth regions, and market drivers, restraints, and opportunities.
The report provides insights about the following points:
• Market Penetration: Comprehensive information on gear motor equipment offered by top players in the global gear motors market
• Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities, and new product launches in the gear motors market
• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for gear motors across regions
• Market Diversification: Exhaustive information about new products, untapped regional markets, recent developments, and investments in the global gear motors market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the global gear motors market
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