The global Industrial Gear Motors and Drives market was valued at 1501.6 Million USD in 2021 and will grow with a CAGR of 5.85% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Gear motors are power devices which generally constituted by a gear drive and a motor. Gear drives, also called gearbox, are transmission devices that widely used in low speed and high power equipment like crane, packaging machine and rolling machine.In this report, we focus on the gear motors and drives used in industrial applications and exclude precision-geared products as well as geared products used in propulsion systems. Advanced Industrial Gear Motors and Drives manufacturers are located in developed regions like Japan, North America and Europe, but most of them have plants in developing or less developed regions. At present, the main consumption market concentrated in Europe and North America and the market of developing countries is growing fast.

By Market Verdors:

Siemens

SEW-EURODRIVE

Nord

Bosch Rexroth

Emerson

ABB

Altra Industrial Motion

Sumitomo Heavy Industries

Bonfiglioli

Rexnord

Weg

TECO

Guomao Reducer

Tailong Decelerator Machinery

Taixing Reducer

Tongli

Haoke

Hongtai

Tianjin Speed Reducer

Jiangsu Tailai Group

By Types:

Normal Gear

Worm Gear

Planetary Gear

By Applications:

Energy

Chemical

Food

Transportation

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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