PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1793681
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1793681
Global Parallel Shaft Geared Motors Market to Reach US$2.0 Billion by 2030
The global market for Parallel Shaft Geared Motors estimated at US$920.7 Million in the year 2024, is expected to reach US$2.0 Billion by 2030, growing at a CAGR of 14.1% over the analysis period 2024-2030. Solid Shaft, one of the segments analyzed in the report, is expected to record a 12.3% CAGR and reach US$965.6 Million by the end of the analysis period. Growth in the Splined Hollow Shaft segment is estimated at 16.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$250.8 Million While China is Forecast to Grow at 18.5% CAGR
The Parallel Shaft Geared Motors market in the U.S. is estimated at US$250.8 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$427.3 Million by the year 2030 trailing a CAGR of 18.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.5% and 12.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR.
Global Parallel Shaft Geared Motors Market - Key Trends & Drivers Summarized
Why Are Parallel Shaft Geared Motors Widely Used in Industrial and Commercial Applications?
Parallel shaft geared motors are integral to power transmission systems where high torque and compact design are required. These motors combine an electric motor with a gear reducer that transmits torque through parallel shafts, making them suitable for space-constrained applications. Unlike worm or bevel gear configurations, parallel shaft designs offer higher efficiency and better alignment for continuous-duty industrial operations.
Industries such as material handling, packaging, food processing, and wastewater treatment rely on parallel shaft geared motors for their ability to provide consistent output, reduced backlash, and robust torque control. Their modular construction allows for flexible mounting positions, contributing to their broad applicability in conveyors, mixers, pumps, and automated production lines. As automation and process reliability become more critical, the demand for compact and efficient gear-motor systems is rising.
How Are Design Innovations and Energy Efficiency Goals Influencing Product Development?
Recent innovations focus on enhancing mechanical efficiency, thermal management, and service life. Gear sets made from case-hardened or nitrided alloy steel are improving wear resistance and load-carrying capacity. High-precision machining ensures minimal transmission losses, while low-noise design elements such as helical gears are gaining prominence, especially in noise-sensitive environments.
Manufacturers are aligning product designs with global energy efficiency regulations by integrating IE2, IE3, and higher-class motors into gear systems. Lubrication-free or low-maintenance models with synthetic grease and sealed bearings are reducing service requirements and downtime. The rise of smart factories is also influencing geared motor development, with sensor integration and condition monitoring systems enabling predictive maintenance and real-time performance tracking.
Where Is Demand Increasing and Which End-Use Segments Are Driving Market Growth?
Parallel shaft geared motors are seeing increased deployment in industries transitioning to automated, energy-efficient production systems. Manufacturing plants, logistics hubs, and processing facilities in Asia-Pacific, North America, and Europe are leading in adoption. In Asia, rapid industrial expansion and investment in conveyor-based systems are generating significant demand. In Europe, compliance with stringent energy efficiency norms is driving replacement of legacy drive systems.
Packaging, food and beverage, and intralogistics represent fast-growing segments due to the need for compact and hygienic drive solutions. In municipal and infrastructure projects, these motors are used in water treatment plants, building automation, and HVAC systems. Growth is also supported by rising demand in sectors such as mining, cement, and power generation, where gear motors help maintain torque stability under variable loads and extended duty cycles.
Growth in the Parallel Shaft Geared Motors market is driven by several factors…
Growth in the parallel shaft geared motors market is driven by factors such as increasing automation across industrial sectors, rising energy efficiency requirements, and the need for compact, high-torque transmission solutions. Expansion of manufacturing capacity in emerging economies, coupled with infrastructure upgrades in developed regions, is supporting consistent product demand.
Integration of IE3 and IE4 motors is enabling compliance with evolving energy efficiency norms while reducing operational costs. The shift toward modular gear motor assemblies with reduced maintenance needs is improving adoption in process-critical operations. Demand for intelligent motor systems that support IoT integration and condition monitoring is also expanding, particularly in smart factories and digitally managed logistics environments. Ongoing innovation in gear materials, design compactness, and motor control precision continues to shape the long-term outlook for this market.
SCOPE OF STUDY:
The report analyzes the Parallel Shaft Geared Motors market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Shaft Type (Solid Shaft, Splined Hollow Shaft, Hollow Shaft with Shrink Disc); Stage (2-Stage, 3-Stage, Other Stages); Application (Energy Application, Food & Beverages Application, Automotive & Transportation Application, Other Applications)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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