iCrowdNewswire Jan 14, 2021 2:02 PM ET
Market Research Future published a half-cooked research report on global Gear Motors market. The Gear Motors market is expected to expand at ~ 5.80% CAGR during the period 2018 to 2023.
Gear motor is a motor assembled with a set of speed gears. An electric motor and reduction gear are integrated into a single unit, which further can be collectively installed with motor shaft better compactness. These kinds of motors can be operated in various directions such as horizontal, vertical, or tilted position. Larger torque can be achieved by using a higher gear ratio. These motors also comprise of mechanical gears to control the speed of the motor depending upon the type of application and requirements.
Based on industry, the market is segmented as Material Handing, Food & Beverage, Metals & Mining, Automotive, Power Generation (Excluding Wind Power), Marine, Wind Power, Cement & Aggregates, Construction, Chemicals, Rubber, and Plastics, and Others. The wind power and material handling are two most dominating segments within gear motor market. The growth in wind power segment is driven by increasing investment in wind power installations in Asia-Pacific, North America, and Europe.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7473
Market Research Analysis
Asia-Pacific is estimated to dominate the market for Gear Motors
Region wise, Asia-Pacific held the largest market share of the global gear motors market in 2017. The countries contributing to the largest market share of the region include India, and China, among major Southeast Asian countries. Moreover, India and China are also expected to be the fastest growing countries due to development of existing infrastructure.
GLOBAL GEAR MOTORS MARKET 2018-2023
Scope of the Report
This report provides an in-depth analysis of the global Gear Motors market, tracking five market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Gear Motors market by its gear type, product type, rated power (kW), Torque (Nm), industry, and region.
Request for Report Discount: https://www.marketresearchfuture.com/check-discount/7473
By Gear Type
- Planetary Gear Motors
- Helical Gear Motors
- Helical-Bevel Gear Motors
- Worm Gear Motors
- Other Motors
By Product Type
- Integrated Gear Motor Unit
By Rated Power (kW)
- Up to 7.5 kW
- 5 to 75 kW
- Above 75 kW
By Torque (Nm)
- Up to 10,000 Nm
- Above 10,000 Nm
- North America
- Middle East & Africa
- South America
- Eaton Corporation PLC.
- Siemens AG
- Baldor Electric Company
- Sew-Eurodrive GmbH & Co. Kg
- Watt Drive Antriebstechnik GmbH
- Bauer Gear Motor GmbH
- Sumitomo Heavy Industries Ltd
- Johnson Electric Holdings Limited
- Emerson Electric Co
- Elecon Engineering Company Ltd
- China High Speed Transmission Equipment Group Co. Ltd
- Brevini Power Transmission S.P.A.
- Bonfiglioli Riduttori S.P.A
Do You Have Any Query ? Ask to Our Industry Expert @ https://www.marketresearchfuture.com/enquiry/7473
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
+1 646 845 9312
Email: [email protected]
Keywords: Gear Motor Market, Gear Motor Market 2020, Gear Motor Market 2021, Gear Motor Market Size, Gear Motor Market Share, Gear Motor Market Analysis, Gear Motor Market Forecast, Gear Motor