Gear Reduction Motors Market

Gear Reduction Motors Market, Global Outlook and Forecast 2022-2028

SR1146699 | 28-Jun-2022 | 117 Pages | Market Monitor Global |

Summary


This report contains the market size and forecasts of Gear Reduction Motors global, including the following market information

Global Gear Reduction Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Gear Reduction Motors Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Gear Reduction Motors companies in 2021 (%)

The global Gear Reduction Motors market was valued at a million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Planetary Gear Motors Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Gear Reduction Motors include Bonfiglioli Riduttori, Dana, Altra Industrial Motion, Elecon Engineering, ABB, Anaheim Automation, Portescap, John's Electric, Framo Morat, etc. In 2021, the global top five players have a share of approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gear Reduction Motors manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Gear Reduction Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Gear Reduction Motors Market Segment Percentages, by Type, 2021 (%)

  • Planetary Gear Motors
  • Helical Gear Motors
  • Helical-Bevel Gear Motors
  • Worm Gear Motors
  • Other Motors

Global Gear Reduction Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Gear Reduction Motors Market Segment Percentages, by Application, 2021 (%)

  • Food and Beverage
  • Metals and Mining
  • Automotive
  • Power Generation (Excluding Wind Power)
  • Wind Power
  • Cement and Aggregates
  • Rubber and Plastics
  • Others

Global Gear Reduction Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Gear Reduction Motors Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • The U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of the Middle East & Africa

Competitor Analysis

  1. The report also provides an analysis of leading market participants including:
  2. Key companies Gear Reduction Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
  3. Key companies Gear Reduction Motors revenues share in global market, 2021 (%)
  4. Key companies Gear Reduction Motors sales in global market, 2017-2022 (Estimated), (K Units)
  5. Key companies Gear Reduction Motors sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Bonfiglioli Riduttori
  • Dana
  • Altra Industrial Motion
  • Elecon Engineering
  • ABB
  • Anaheim Automation
  • Portescap
  • John's Electric
  • Framo Morat
  • Emerson Electric
  • Eaton Corporation
  • Bison Group
  • Sumitomo Heavy Industries
  • SEW-Eurodrive
  • BFT Automation

Frequently Asked Questions

The global gear motor market is expected to record a substantial market valuation due ot the increasing number of energy and power sector projects.
The global gear motor market is projected to register a moderate 5.80% CAGR in the forecast period.
The helical gear motor segment is slated to expand as the fastest-growing segment.
The automotive segment is slated to expand as the fastest-growing segment.
A few major market players operating in the global gear motor market are Brevini Power Transmission S.P.A., Siemens AG, and Bonfiglioli Riduttori S.P.A, among others.

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