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Geared Motor Trends and Forecast
The future of the global geared motor market looks promising with opportunities in the manufacturing, food and beverage, automotive, and healthcare markets. The global geared motor market is expected to reach an estimated $14.3 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are growing production of motor vehicles and rising demand for motor-driven equipment among industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Geared Motor by Segment
The study includes a forecast for the global geared motor by type, application, end use, and region.
Geared Motor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Right Angle Geared Motor
• Inline Geared Motor
• Parallel Shaft Geared Motor
Geared Motor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Manufacturing
• Food And Beverage
• Automotive
• Healthcare
• Others
Geared Motor Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Conveyor Drives
• Material Handling Equipment
• Robotic
• Medical Tools
• Others
Geared Motor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Geared Motor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies geared motor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the geared motor companies profiled in this report include-
• Bauer Gear Motor
• CGM
• Compañía Levantina de Reductores
• Gloge Scott
• ISL Products International
Geared Motor Market Insights
Lucintel forecasts that right angle is expected to witness the highest growth over the forecast period.
Within this market, manufacturing is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Geared Motor Market
Market Size Estimates: Geared motor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Geared motor market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Geared motor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the geared motor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the geared motor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the geared motor market size?
Answer: The global geared motor market is expected to reach an estimated $14.3 billion by 2030.
Q2. What is the growth forecast for geared motor market?
Answer: The global geared motor market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the geared motor market?
Answer: The major drivers for this market are growing production of motor vehicles and rising demand for motor-driven equipment among industries.
Q4. What are the major segments for geared motor market?
Answer: The future of the geared motor market looks promising with opportunities in the manufacturing, food and beverage, automotive, and healthcare markets.
Q5. Who are the key geared motor market companies?
Answer: Some of the key geared motor companies are as follows:
• Bauer Gear Motor
• CGM
• Compañía Levantina de Reductores
• Gloge Scott
• ISL Products International
Q6. Which geared motor market segment will be the largest in future?
Answer: Lucintel forecasts that right angle is expected to witness the highest growth over the forecast period.
Q7. In geared motor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the geared motor market by type (right angle geared motor, inline geared motor, and parallel shaft geared motor), application (manufacturing, food and beverage, automotive, healthcare, and others), end use (conveyor drives, material handling equipment, robotic, medical tools, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Geared Motor Market, Geared Motor Market Size, Geared Motor Market Growth, Geared Motor Market Analysis, Geared Motor Market Report, Geared Motor Market Share, Geared Motor Market Trends, Geared Motor Market Forecast, Geared Motor Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Geared Motor Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Geared Motor Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Geared Motor Market by Type
3.3.1: Right Angle Geared Motor
3.3.2: Inline Geared Motor
3.3.3: Parallel Shaft Geared Motor
3.4: Global Geared Motor Market by Application
3.4.1: Manufacturing
3.4.2: Food and Beverage
3.4.3: Automotive
3.4.4: Healthcare
3.4.5: Others
3.5: Global Geared Motor Market by End Use
3.5.1: Conveyor Drives
3.5.2: Material Handling Equipment
3.5.3: Robotic
3.5.4: Medical Tools
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Geared Motor Market by Region
4.2: North American Geared Motor Market
4.2.2: North American Geared Motor Market by Application: Manufacturing, Food and Beverage, Automotive, Healthcare, and Others
4.3: European Geared Motor Market
4.3.1: European Geared Motor Market by Type: Right Angle Geared Motor, Inline Geared Motor, and Parallel Shaft Geared Motor
4.3.2: European Geared Motor Market by Application: Manufacturing, Food and Beverage, Automotive, Healthcare, and Others
4.4: APAC Geared Motor Market
4.4.1: APAC Geared Motor Market by Type: Right Angle Geared Motor, Inline Geared Motor, and Parallel Shaft Geared Motor
4.4.2: APAC Geared Motor Market by Application: Manufacturing, Food and Beverage, Automotive, Healthcare, and Others
4.5: ROW Geared Motor Market
4.5.1: ROW Geared Motor Market by Type: Right Angle Geared Motor, Inline Geared Motor, and Parallel Shaft Geared Motor
4.5.2: ROW Geared Motor Market by Application: Manufacturing, Food and Beverage, Automotive, Healthcare, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Geared Motor Market by Type
6.1.2: Growth Opportunities for the Global Geared Motor Market by Application
6.1.3: Growth Opportunities for the Global Geared Motor Market by End Use
6.1.4: Growth Opportunities for the Global Geared Motor Market by Region
6.2: Emerging Trends in the Global Geared Motor Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Geared Motor Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Geared Motor Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bauer Gear Motor
7.2: CGM
7.3: Compañía Levantina de Reductores
7.4: Gloge Scott
7.5: ISL Products International
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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