The global Industrial gearbox and gear motors market size is expected to reach US$ 36.2 Bn by 2026, expanding at a CAGR of 4.2% from 2019 to 2026.
The growth in wind-power generation capacity over the past few decades has been amplified by the decline in the cost of components used in turbines, including the cost of gearboxes. The cost of wind-turbine gearboxes has decreased considerably over the years. The average cost of a gearbox unit has declined due to the improvements in gearbox technology and reduction in manufacturing costs. The growing trend of vertical integration of gearbox manufacturing by wind turbine suppliers is also assisting the cause. Investment in discrete manufacturing sectors such as packaging, plastics, automotive, and unit material handling are expected to create sales opportunities for industrial gearboxes and gear motors. The manufacturing of mass-produced automobiles typically relies on conveyors and equipment to bring the parts and assemblies to a location where robots or workers are tasked with a specific function in the elaborate process of assembling a car or truck. These electric motors are often connected directly to gearboxes as gear motors and are used for driving conveyors, lifts, robot arms, etc. Machines used in the packaging industry must deliver high performance in often demanding environments. High speed and accurate and repeatable movements are necessary in environments where temperature, pressure, and loads can place a strain on electromechanical components, including packaging gear.
The report analyzes and forecasts the industrial gearbox and gear motors market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global industrial gearbox and gear motors market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the industrial gearbox and gear motors market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of industrial gearbox and gear motors market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
The report includes competition landscape which covers competition matrix, market share analysis of major players in the global industrial gearbox and gear motors market based on their 2017 revenues, and profiles of major players. Competition matrix benchmarks leading players based on their capabilities and potential to grow. Factors including market position, offerings, and R&D focus are attributed to a company’s capabilities. Top line growth, market share, segment growth, infrastructure facilities, and future outlook are attributed to a company’s potential to grow. This section also identifies and includes various recent developments carried out by leading players of the industrial gearbox and gear motors market.
Company profiling includes company overview, major business strategies adopted, and key developments. The companies profiled in the global industrial gearbox and gear motors market include SEW-Eurodrive GmbH & Co. KG (Germany), Siemens AG, Bonfiglioli Riduttori S.p.A, Winergy, Bauer Gear Motor GmbH, China High Speed Transmission Equipment Group Co. Ltd., Eaton Corporation PLC, and ABB Ltd.
The global industrial gearbox and gear motors market is segmented as below:
Global Industrial Gearbox and Gear Motors Market, by Product
Global Industrial Gearbox and Gear Motors Market, by Gear Type
Global Industrial Gear Motors Market, by Power
Global Industrial Gear Motors Market, by Industry
Global Industrial Gearbox and Gear Motors Market, by Geography
The study objectives of this report are:
Biomedical Refrigerators and Freezers Market (By Product Type: Ultra Low Temperature (ULT) Freezers, Plasma Freezers, Shock Freezers, Blood Bank Refrigerators, Laboratory/Pharmacy/Medical Refrigerators, Laboratory/Pharmacy/Medical Freezers; By End use: Hospitals, Research Laboratories, Pharmacies, Diagnostic Centers, Blood Banks, Pharmacies) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030Read more...
Electronically Commutated Motors [<5HP] Market (By Motor Type: Brushless DC Motors, Permanent Magnet AC [PMAC] Motors, Servo Motors; By Product Type: Constant Air Flow, Constant Torque, Constant Speed; By Power: Below 1 HP, 1 HP – 2 HP, 2 HP – 3 HP, 3 HP – 4 HP, and 4 HP – 5 HP; By Industry: Consumer Electronics, HVAC – Residential, HVAC- Commercial, Automotive, Packaging, Material Handling, Industrial Machine, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030Read more...
Digital Door Lock Systems Market (By Type: Keypad Lock, RFID Card Digital Lock, Keyless Remote Lock, and Biometrics Lock [Fingerprint Recognition, Palm Recognition, Face Recognition, Voice Recognition, Iris Recognition, and Others]; By End Use: Commercial, Residential, Government, Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030Read more...
Gas Meter Market (By Type: Basic Gas Meter, Smart Gas Meter; By End User: Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030Read more...
Steam Boiler Market (By Type: Water Tube Boiler and Fire Tube Boiler; By Fuel Type: Coal Fired, Oil Fired, Gas Fired, and Others; By Pressure: Low Pressure and High Pressure; By End-Use: Power Generation, Oil & Gas, Chemical, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030Read more...