The Global Gear Motor
Market is estimated to expand at 5.80 % CAGR during the forecast period. Gear
Motor is a type of electric motor which is specifically designed to produce
high torque while maintaining low speed and output. Gear motor are of 4 major
types including helical gear motor, shaft mounted gear motor, bevel-geared
motor, and worm gear motor. This motor caters to various applications such as
control knobs in washer and dryer machines, can openers, alarm clocks, and
garage doors, among others. A detailed analysis report of COVID-19 impact on Gear Motor Market Report is provided with the
report.
The growing demand for Gear Motor is attributed to
growing demand for renewable energy and mechanical simplicity. One of the major restraints of the Gear Motor
is high maintenance cost of these electric motors.
Leading
Players
The key players of the global Gear Motor Market are
Eaton Corporation PLC., Siemens AG, Baldor Electric Company, Sew-Eurodrive GmbH
& Co. Kg, Winergy, Watt Drive Antriebstechnik GmbH, Bauer Gear Motor GmbH,
Sumitomo Heavy Industries Ltd, Johnson Electric Holdings Limited, Emerson
Electric Co, Elecon Engineering Company Ltd, China High Speed Transmission
Equipment Group Co. Ltd, Brevini Power Transmission S.P.A., and Bonfiglioli
Riduttori S.P.A, among others.
Scope
of the Report
This research report provides insights into various
levels of analysis, such as industry analysis and market share analysis for the
leading industry competitors, along with their profiles. It also helps in
studying the target segments by providing views on the emerging &
high-growth segments. The market data comprises the basic assessment of the
competitive scenarios and strategies in the global Gear Motor Market, including
high-growth regions and/or countries, and political and economic environments.
The project report further provides both – historical market values and pricing
& cost analysis
Industry
Segmentation
Global gear motor market has been segmented based
on gear type, product type, rated power, torque, industry, and region.
Based on gear type, the market has been classified
into planetary gear motor, helical gear motor, helical-bevel gear motor, worm
gear motor, and others. Helical gear motor type segment is expected to dominate
the gear motors market, due to the fact that these kind of motors last longer
as compared to other gear motors and are ideal for high-load applications,
since they have a higher number of teeth in contact.
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