PUBLISHER: Lucintel | PRODUCT CODE: 1416591
PUBLISHER: Lucintel | PRODUCT CODE: 1416591
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 $14.3 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are growing production of motor vehicles and rising demand for motor-driven equipment among industries.
A more than 150-page report is developed to help in your business decisions.
Geared Motor by Segment
The study includes a forecast for the global geared motor by type, application, end use, and region.
Geared Motor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Geared Motor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Geared Motor Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Geared Motor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Geared Motor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies geared motor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the geared motor companies profiled in this report include-
Geared Motor Market Insights
Lucintel forecasts that right angle is expected to witness the highest growth over the forecast period.
Within this market, manufacturing is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Geared Motor Market
Market Size Estimates: Geared motor market size estimation in terms of value ($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:
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.