Worm Gear Drives Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Operation Type ; Material Type ; Product Type and Geography

List of Tables

The worm gear drives market size is projected to grow from US$ 2,963.17 million in 2022 to US$ 3,810.13 million by 2030; it is expected to grow at a CAGR of 3.2% during 2022-2030.

Virtual simulation and testing techniques, such as finite element analysis (FEA) and computational fluid dynamics (CFD), are used to assess worm gear performance under various operating situations. These techniques allow engineers to forecast gear performance, detect potential faults, and optimize designs prior to actual prototyping, saving time and costs. With the growing demand for smaller and more compact gear systems, advances in worm gear technology are focusing on miniaturization. Smaller gear sizes, optimized tooth profiles, and improved manufacturing techniques allow for the construction of small and lightweight worm gear systems in a variety of industries, including robotics, aircraft, and medical equipment. For instance, in May 2023, Elesa+Ganter expanded its product line with two compact and sturdy angular worm gearboxes that translate rotational movements by 90 degrees and can transmit large torques with or without a gear ratio. They are appropriate for use in applications such as handling systems, packaging equipment, and conveyor technology. In November 2022, maxom showcased five new compact worm gear drives suitable for compact and small worm gear requirements from various industries.

The North American worm gear drive market exhibits a diverse and dynamic landscape, influenced by the unique characteristics and contributions of its leading countries: the United States, Canada, and Mexico. Each country contributes distinctively to the overall market, reflecting the regional variations in the automotive and manufacturing sectors. The United States, with its robust manufacturing sector, is a key player in driving the demand for worm gear drives. Trade volumes, a key indicator of economic health, rebounded in 2021 and 2022 after facing challenges in 2019 and 2020 due to trade policy and the impact of the COVID-19 pandemic. The resurgence in trade volumes aligns with the rebound in US manufactured goods exports, reaching an all-time high of US$1,596.79 billion in 2022. Both durable and nondurable goods exports achieved record levels, standing at US$970.97 billion and US$625.82 billion, respectively.

The worm gear drives market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. The worm gear drives market report emphasizes the key factors driving the market and depicts the developments of prominent players. Boston Gear, Kohara Gear Industry Co. Ltd., Delroyd Worm Gear, Tracey Gear and Precision Shaft, Cleveland Gear Company Inc., and TWG Inc are among the key players covered in the worm gear drives market report. The report includes growth prospects in light of current worm gear drives market trends and driving factors influencing the market.

Inorganic strategies such as mergers and acquisitions are highly adopted by companies in the worm gear drives market. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. The market players present in the worm gear drives market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.

Product Code: TIPRE00027349

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Worm Gear Drives Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. Worm Gear Drives Market - Key Market Dynamics

5.1 Worm Gear Drives Market - Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints:

6. Worm Gear Drives Market - Global Market Analysis

6.1 Worm Gear Drives Market Revenue (US$ Million), 2022-2030
6.2 Worm Gear Drives Market Forecast Analysis

7. Worm Gear Drives Market Analysis - by Operation Type

7.1 Cylindrical Worm Gear
- 7.1.1 Overview
- 7.1.2 Cylindrical Worm Gear: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Single and Double Enveloping Worm Gear
- 7.2.1 Overview
- 7.2.2 Single and Double Enveloping Worm Gear: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)

8. Worm Gear Drives Market Analysis - by Product Type

8.1 Housed Units
- 8.1.1 Overview
- 8.1.2 Housed Units: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Gearsets
- 8.2.1 Overview
- 8.2.2 Gearsets: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
8.3 High Speed Worms
- 8.3.1 Overview
- 8.3.2 High Speed Worms: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)

9. Worm Gear Drives Market Analysis - by Material Type

9.1 Stainless Steel
- 9.1.1 Overview
- 9.1.2 Stainless Steel: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
9.2 Cast Iron
- 9.2.1 Overview
- 9.2.2 Cast Iron: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Aluminium
- 9.3.1 Overview
- 9.3.2 Aluminium: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Others
- 9.4.1 Overview
- 9.4.2 Others: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)

10. Worm Gear Drives Market - Geographical Analysis

10.1 Overview
10.2 North America
- 10.2.1 North America Worm Gear Drives Market Overview
- 10.2.2 North America: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
- 10.2.3 North America: Worm Gear Drives Market Breakdown, by Operation Type
  - 10.2.3.1 North America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Operation Type
- 10.2.4 North America: Worm Gear Drives Market Breakdown, by Product Type
  - 10.2.4.1 North America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Product Type
- 10.2.5 North America: Worm Gear Drives Market Breakdown, by Material Type
  - 10.2.5.1 North America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Material Type
- 10.2.6 North America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.1 North America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.2 United States: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.2.6.2.1 United States: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.2.6.2.2 United States: Worm Gear Drives Market Breakdown, by Product Type
    - 10.2.6.2.3 United States: Worm Gear Drives Market Breakdown, by Material Type
  - 10.2.6.3 Canada: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.2.6.3.1 Canada: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.2.6.3.2 Canada: Worm Gear Drives Market Breakdown, by Product Type
    - 10.2.6.3.3 Canada: Worm Gear Drives Market Breakdown, by Material Type
  - 10.2.6.4 Mexico: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.2.6.4.1 Mexico: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.2.6.4.2 Mexico: Worm Gear Drives Market Breakdown, by Product Type
    - 10.2.6.4.3 Mexico: Worm Gear Drives Market Breakdown, by Material Type
10.3 Europe
- 10.3.1 Europe Worm Gear Drives Market Overview
- 10.3.2 Europe: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
- 10.3.3 Europe: Worm Gear Drives Market Breakdown, by Operation Type
  - 10.3.3.1 Europe: Worm Gear Drives Market - Revenue and Forecast Analysis - by Operation Type
- 10.3.4 Europe: Worm Gear Drives Market Breakdown, by Product Type
  - 10.3.4.1 Europe: Worm Gear Drives Market - Revenue and Forecast Analysis - by Product Type
- 10.3.5 Europe: Worm Gear Drives Market Breakdown, by Material Type
  - 10.3.5.1 Europe: Worm Gear Drives Market - Revenue and Forecast Analysis - by Material Type
- 10.3.6 Europe: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.1 Europe: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.2 Germany: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.3.6.2.1 Germany: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.3.6.2.2 Germany: Worm Gear Drives Market Breakdown, by Product Type
    - 10.3.6.2.3 Germany: Worm Gear Drives Market Breakdown, by Material Type
  - 10.3.6.3 France: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.3.6.3.1 France: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.3.6.3.2 France: Worm Gear Drives Market Breakdown, by Product Type
    - 10.3.6.3.3 France: Worm Gear Drives Market Breakdown, by Material Type
  - 10.3.6.4 Italy: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.3.6.4.1 Italy: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.3.6.4.2 Italy: Worm Gear Drives Market Breakdown, by Product Type
    - 10.3.6.4.3 Italy: Worm Gear Drives Market Breakdown, by Material Type
  - 10.3.6.5 United Kingdom: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.3.6.5.1 United Kingdom: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.3.6.5.2 United Kingdom: Worm Gear Drives Market Breakdown, by Product Type
    - 10.3.6.5.3 United Kingdom: Worm Gear Drives Market Breakdown, by Material Type
  - 10.3.6.6 Russia: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.3.6.6.1 Russia: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.3.6.6.2 Russia: Worm Gear Drives Market Breakdown, by Product Type
    - 10.3.6.6.3 Russia: Worm Gear Drives Market Breakdown, by Material Type
  - 10.3.6.7 Rest of Europe: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.3.6.7.1 Rest of Europe: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.3.6.7.2 Rest of Europe: Worm Gear Drives Market Breakdown, by Product Type
    - 10.3.6.7.3 Rest of Europe: Worm Gear Drives Market Breakdown, by Material Type
10.4 Asia Pacific
- 10.4.1 Asia Pacific Worm Gear Drives Market Overview
- 10.4.2 Asia Pacific: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
- 10.4.3 Asia Pacific: Worm Gear Drives Market Breakdown, by Operation Type
  - 10.4.3.1 Asia Pacific: Worm Gear Drives Market - Revenue and Forecast Analysis - by Operation Type
- 10.4.4 Asia Pacific: Worm Gear Drives Market Breakdown, by Product Type
  - 10.4.4.1 Asia Pacific: Worm Gear Drives Market - Revenue and Forecast Analysis - by Product Type
- 10.4.5 Asia Pacific: Worm Gear Drives Market Breakdown, by Material Type
  - 10.4.5.1 Asia Pacific: Worm Gear Drives Market - Revenue and Forecast Analysis - by Material Type
- 10.4.6 Asia Pacific: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.1 Asia Pacific: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.2 Australia: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.4.6.2.1 Australia: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.4.6.2.2 Australia: Worm Gear Drives Market Breakdown, by Product Type
    - 10.4.6.2.3 Australia: Worm Gear Drives Market Breakdown, by Material Type
  - 10.4.6.3 China: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.4.6.3.1 China: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.4.6.3.2 China: Worm Gear Drives Market Breakdown, by Product Type
    - 10.4.6.3.3 China: Worm Gear Drives Market Breakdown, by Material Type
  - 10.4.6.4 India: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.4.6.4.1 India: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.4.6.4.2 India: Worm Gear Drives Market Breakdown, by Product Type
    - 10.4.6.4.3 India: Worm Gear Drives Market Breakdown, by Material Type
  - 10.4.6.5 Japan: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.4.6.5.1 Japan: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.4.6.5.2 Japan: Worm Gear Drives Market Breakdown, by Product Type
    - 10.4.6.5.3 Japan: Worm Gear Drives Market Breakdown, by Material Type
  - 10.4.6.6 South Korea: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.4.6.6.1 South Korea: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.4.6.6.2 South Korea: Worm Gear Drives Market Breakdown, by Product Type
    - 10.4.6.6.3 South Korea: Worm Gear Drives Market Breakdown, by Material Type
  - 10.4.6.7 Rest of APAC: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.4.6.7.1 Rest of APAC: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.4.6.7.2 Rest of APAC: Worm Gear Drives Market Breakdown, by Product Type
    - 10.4.6.7.3 Rest of APAC: Worm Gear Drives Market Breakdown, by Material Type
10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Worm Gear Drives Market Overview
- 10.5.2 Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
- 10.5.3 Middle East and Africa: Worm Gear Drives Market Breakdown, by Operation Type
  - 10.5.3.1 Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast Analysis - by Operation Type
- 10.5.4 Middle East and Africa: Worm Gear Drives Market Breakdown, by Product Type
  - 10.5.4.1 Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast Analysis - by Product Type
- 10.5.5 Middle East and Africa: Worm Gear Drives Market Breakdown, by Material Type
  - 10.5.5.1 Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast Analysis - by Material Type
- 10.5.6 Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.1 Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.2 South Africa: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.5.6.2.1 South Africa: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.5.6.2.2 South Africa: Worm Gear Drives Market Breakdown, by Product Type
    - 10.5.6.2.3 South Africa: Worm Gear Drives Market Breakdown, by Material Type
  - 10.5.6.3 Saudi Arabia: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.5.6.3.1 Saudi Arabia: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.5.6.3.2 Saudi Arabia: Worm Gear Drives Market Breakdown, by Product Type
    - 10.5.6.3.3 Saudi Arabia: Worm Gear Drives Market Breakdown, by Material Type
  - 10.5.6.4 United Arab Emirates: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.5.6.4.1 United Arab Emirates: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.5.6.4.2 United Arab Emirates: Worm Gear Drives Market Breakdown, by Product Type
    - 10.5.6.4.3 United Arab Emirates: Worm Gear Drives Market Breakdown, by Material Type
  - 10.5.6.5 Rest of Middle East and Africa: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.5.6.5.1 Rest of Middle East and Africa: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.5.6.5.2 Rest of Middle East and Africa: Worm Gear Drives Market Breakdown, by Product Type
    - 10.5.6.5.3 Rest of Middle East and Africa: Worm Gear Drives Market Breakdown, by Material Type
10.6 South and Central America
- 10.6.1 South and Central America Worm Gear Drives Market Overview
- 10.6.2 South and Central America: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
- 10.6.3 South and Central America: Worm Gear Drives Market Breakdown, by Operation Type
  - 10.6.3.1 South and Central America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Operation Type
- 10.6.4 South and Central America: Worm Gear Drives Market Breakdown, by Product Type
  - 10.6.4.1 South and Central America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Product Type
- 10.6.5 South and Central America: Worm Gear Drives Market Breakdown, by Material Type
  - 10.6.5.1 South and Central America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Material Type
- 10.6.6 South and Central America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.1 South and Central America: Worm Gear Drives Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.2 Brazil: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.6.6.2.1 Brazil: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.6.6.2.2 Brazil: Worm Gear Drives Market Breakdown, by Product Type
    - 10.6.6.2.3 Brazil: Worm Gear Drives Market Breakdown, by Material Type
  - 10.6.6.3 Argentina: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.6.6.3.1 Argentina: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.6.6.3.2 Argentina: Worm Gear Drives Market Breakdown, by Product Type
    - 10.6.6.3.3 Argentina: Worm Gear Drives Market Breakdown, by Material Type
  - 10.6.6.4 Rest of South and Central America: Worm Gear Drives Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.6.6.4.1 Rest of South and Central America: Worm Gear Drives Market Breakdown, by Operation Type
    - 10.6.6.4.2 Rest of South and Central America: Worm Gear Drives Market Breakdown, by Product Type
    - 10.6.6.4.3 Rest of South and Central America: Worm Gear Drives Market Breakdown, by Material Type

11. Worm Gear Drives Market - Impact of COVID-19 Pandemic

11.1 Pre & Post COVID-19 Impact

12. Competitive Landscape

12.1 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition

14. Company Profiles

14.1 Kohara Gear Industry Co.,Ltd.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 The Timchen Company.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Tracey Gear & Precision Shaft
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Delroyd Worm Gear.
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 R A Rodriguez (UK) Ltd.
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 CLEVELAND GEAR COMPANY, INC
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 TWG, Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 BJ-Gear A/S
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Boston Gears.
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Nozag AG
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners