Geared Motor Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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
• Compania 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
• Compania 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?