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Gear Motor Market Size, Share and Global Trend By Type (Helical Gear, Planetary Gear, Bevel Gear, Worm Gear, Others), By Power Rating (Up to 7.5kW, 7.5kW to 75kW, Above 75kW), By End User (Material Handling, Food & Beverages, Metals & Mining’s, Automobile, Construction, Power Generation, Others), and Geography Forecast till 2026

Region : Global | Published Date: Upcoming | Report ID: FBI100753| Status : Upcoming

 

KEY INDUSTRY INSIGHTS

The companies are more inclined towards enhancing their power transmission capacity to save overall manufacturing cost. The gear motor is a combination of a gear system or gearbox and an electric motor widely used for improving process efficiencies. It simplifies the design and implementation by eliminating the step of separately designing and integrating the motors with gears, thus reduces the overall engineering cost.

A gear motor is an integrated unit which eliminates the use of coupling and also banishes the potential alignment problem. The advance gear motor includes the high-end material, coating & bearing, and improved gear tooth design that are optimized for noise reduction, increase in strength and improved life. Thus, gear motor offers a wide variety of advantageous property to enhance the efficiency of the machine and reduce the operational cost.

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A gear motor is classified on the basis of type and end user. The gear type is further divided into helical gear, Planetary gear, bevel gear, worm gear, and others. A helical gear is suitable for high speed and heavy load application. Bevel gears are used to transfer power between intersecting shafts used in automotive differential, right angle drives of blenders and conveyors. Worm and worm gear consists of a pair of worm which is very similar to a screw and worm gear. It finds wide application in material handling and transportation machinery, machine tools, automobile, etc.

The integrated the gear drive offers simplification of design and implementation of gear & motor to eliminate coupling and other machine elements to enhance the overall performance of the system. Also, the massive requirement from material handling equipment’s, food & beverages, wastewater treatment plant, automobile industry, etc. are intensifying the growth of the gear motor market. The manufacturing of gear motor is quite expensive and require regular monitoring for efficient operation is obstructing the growth of the gear motor.

Key Players Covered

The leading manufacturers of gear motor are Siemens, Winergy, Bonfiglioli, SEW Eurodrive, Bauer Gear Motor, China High-Speed Transmission Equipment Group Co. Ltd., Eaton Corporation, Nidec Corporation, ABB, Bosch Rexroth, Premium Transmission, ZF Friedrichshafen, and Regal Beloit Corporation

SEGMENTATION

SEGMENTATION

 DETAILS

By Type

· Helical Gear

· Planetary Gear

· Bevel Gear

· Worm Gear

· Others

By Power Rating

· Up to 7.5kW

· 7.5kW to 75kW

· Above 75kW

By End User

· Material Handling

· Food & Beverages

· Metals & Mining’s

· Automobile

· Construction

· Power Generation

· Others

By Geography

· North America (USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico and Rest of Latin America)

· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Regional Analysis

The global gear motor market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America possesses extensive wind power potential to deliver a large amount of clean and reliable electricity to their citizens. A wind turbine uses a gear drive to speed up its operation. Apart from this food & beverage industry, material handling equipment’s are gaining importance in North America driving the market of gear motor. Europe is adopting innovating energy efficient technologies to save valuable energy and leading conglomerate are investing in research & development in order to enhance the overall performance of machines. Also, the presence of leading automakers introducing electric vehicles is going to increase the growth of the gear motor market in Europe. The Asia Pacific is growing steadily in every business segments owing to tremendous population growth and many companies across the world are targeting this region. An increasing number of manufacturing plants, infrastructure activities and inclination towards wind power generation is going to expand the growth of the gear motor market in APAC.

Key Industry Developments

  • In February 2019, the Premium transmission is opening its new development centre in Kolkata, India to expand its production of gearboxes, geared motors, and fluid coupling. The company’s eyeing to cater to core sectors like steel, power, oil and gas, sugar, cement, and construction.
  • In April 2018, Regal Beloit Corporation announced that it has acquired Nicotra Gebhardt for approximately $154 million. From this acquisition, Regal Beloit is strengthening its capability to deliver energy efficient solution.

Gear Motor Market Size, Share and Global Industry Trend Forecast till 2026
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