PUBLISHER: Verified Market Research | PRODUCT CODE: 1736424
PUBLISHER: Verified Market Research | PRODUCT CODE: 1736424
Gear Motor Market size was valued at USD 25.06 Billion in 2024 and is projected to reach USD 39.74 Billion by 2032, growing at a CAGR of 5.93% from 2026 to 2032.
The market for gear motors is being driven by factors such as expanding wind energy installations, the inexpensive and compressed nature of gear motors, and rising worries over the effectiveness of mechanical power transmission. The Global Gear Motor Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Gear Motor Market Definition
Electric motors with a gearbox attached to them are called gear motors. As a result, the motor's torque increases, increasing its power. In applications that require a lot of power, such industrial or construction equipment, gear motors are frequently employed. Gear Motor refers to the combination of electric motor and gearbox. A gear box usually consists of a gear motor to limit the speed of the motor's shaft and therefore increase the motor's ability to output torque.
To move heavy objects, gear motors with lower shaft speeds and higher torque output are used. A gear motor is a motor that is constructed using several speed gears. The reduction gear and electric motor are merged into one unit, which also allows for a more compact connection of the motor shaft as a whole. This motor can be severed in a number of different ways, including in a vertical, horizontal, or slanted position. Applying a higher gear ratio will result in a more considerable torque.
Geared motors use mechanical gears to regulate the motor's speed or torque depending on the application and specifications. Direct current (DC) or alternating current (AC) can be used to power geared motors. The agriculture industry adopts gear motors for harvesting, weed control, seed spreading, and irrigation. The Forest Department fundamentally deploys geared motors for producing lumber.
Global Gear Motor Market Overview
When a great amount of torque is needed, gear motors are used. They also replace traditional DC motors in low-speed applications, and they also have the benefit of being able to run at greater speeds. They can operate at very low speeds thanks to the gear reduction, which would be impossible with a straight driveshaft or other arrangements. The main uses for gear motors are in packaging machinery like bottling machines and printing equipment like printers, copiers, and scanners.
The market for gear motors is being driven by factors such as expanding wind energy installations, the inexpensive and compressed nature of gear motors, and rising worries over the effectiveness of mechanical power transmission. Because of their adaptability and cost-effectiveness obtained through modular design, gear motors have gained traction in recent years. Geared motors are considered very cost-effective for power transmission applications, whether mechanical, industrial, or other types. Due to the wide range of applications they have. As new technologies like changing frequency drives and electric drives enter the market and gain widespread usage, geared motors may find it difficult to gain ground and improve. However, with significant investments in research and development, more opportunities are anticipated to arise shortly.
The Global Gear Motor Market is segmented on the basis of Gear Type, Industry, and Geography.
Based on Gear Type, the market is bifurcated into Helical Gear Motors, Planetary Gear Motors, Helical-Bevel Gear Motors, Worm Gear Motors, and Others. Planetary gears are expected to constitute the fastest-growing segment in the market. The demand for helical gear motors is more eminent than that of other gear models. Helical gear motors are anticipated to hold the largest share of the total Gear Motor Market. These motors are predicted to dominate the market during the estimated period.
Based on Industry, the market is bifurcated into Construction, Marine, Material Handling, Metals and Mining, Automotive, and Others. The wind power and material handling industries are anticipated to be the fastest-growing segments in the Gear Motor Market during the calculated period.
The "Global Gear Motor Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Eaton Corporation PLC, Bauer Gear Motor, SEW-Eurodrive, Sumitomo Drive Technologies, Siemens AG, BFT Automation U.K. Ltd., Baldor Electric Company, and others.
Our market analysis includes a section specifically devoted to such major players, where our analysts give an overview of each player's financial statements, along with product benchmarking and SWOT analysis. Key development strategies, market share analysis, and market positioning analysis of the aforementioned players globally are also included in the competitive landscape section.