Gear Motors Market Research Report Information By Gear Type (Helical Gear Motors, Planetary Gear motors, Helical-Gear Motors, Worm Gear motors, and Others), , By Voltage (UPTO 1 KV, 1 KV TO 30 KV, 30 KV TO 70 KV, and 70 KV TO 100 KV), By Torque (Up to 10,000 Nm Torque and Above 10,000 Nm Torque) , By Application ( Wind Power, Material Handling, Food & Beverage, Cement & Aggerates, Metal & Mining, Automotive, Construction, Power Generation, Chemical, Rubber, and Plastics, Marine and Others)and By Region - Global Forecast to 2030

Global Gear Motors Market Overview

The Gear Motors Market Size was valued at USD 27.4 Billion in 2022. The Petroleum Pitch Market is projected to grow USD 57.2 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.52% during the forecast period (2024 - 2030). A gear motor is a motor designed with an integrated gearbox. Gear motors function as torque multipliers and speed reducers thus requiring less power to move a given load. The design of the gearbox structure, type of gears, lubrication and type of coupling affects its performance.

Factors driving the gear motors market include increasing wind power installations, the minimal cost and compact nature of gear motors, and growing concerns regarding the efficiency of mechanical power transmission. There has been an increase in the demand for motors that promise functional efficiency, mainly in agro-industries. Also, the market is witnessing a growing need to implement the gear motor in a vast array of industries is the key market driver enhancing market growth.

Gear Motor Market Trends

• 
  

  Growing investments to boost the market growth

  
  

The Gear Motor Market is expected to witness promising growth and development at a rapid scale during the forecasted period frame due to growing investments, growing concerns regarding performance, and other factors like the cost-effectiveness of mechanical power transmission technologies.

Gear Motor is electrical hardware equipped and is used to create high force at low-speed engine yield. These gear engines are an extensive blend of the engine and a reduction gear train. And the gear reduction reduces the motor speed through the expansion process in force to a gear extent. Gear Motors are of four significant types, namely - Helical Gear Motor, shaft mounted Gear Motor, slope equipped engine, and the last one being worm gear engine.

The gear motors promise a higher degree of efficiency than the induction motors and the most power-dense type of traction motors and their commercial availability. Many industries like Textile, Pulp, paper, and Electronics are opting to use such motors and hence, offer higher-functionality products that come with additional features. Therefore, such factors related to Gear Motor have enhanced the Gear Motor market CAGR across the globe in recent years. 

• 
  

  Growing Number of manufacturing facilities to drive demand for the gear motor

  
  

Gearboxes and motors plays an important role in the today's industrial environment. It is a device that controls the speed of an electric motor to make it run at a certain speed. They consist of gears forming a kinematic chain and acting on a series of rotating components. Due to the growth of manufacturing industries, the market witnessed increased demand.

In addition, different key industries require different types of motors. It is manufactured from various high-quality materials, and these industrial motors have a wide range of performance requirements to keep machines running smoothly for a long time. These motors come in various sizes and ratios to turn the main mechanical part into high speed and high torque.

Metal processing, chemical, rubber, and plastic industry are some of the largest manufacturing industries using a wide variety of machinery. More machines require a wide range of gearboxes/motors, such as planetary gears, helical gears, etc., to meet the needs of different gear ratios and torque capacities. The gearboxes/motors used in this industrial unit are available in standard configurations.

Gear Motors Market Segment Insights:

Gear Motor Market by Gear Type Insights

The Gear Motor Market has been categorized based on gear type into helical gear motors, Planetary gear motors, Helical-Bevel gear motors, Worm gear motors and others. In By gear type worm gear motor dominate the market and is expected to generate the revenue in 2022 USD $ 11,328.6 Million. Bevel gear have conical gears that transmit motion between two intersecting shafts. It offers advantages such as minimized installation space, an extensive selection range for output speed, a highly dynamic and energy-saving solution, a large range for output speed, etc.

The demand for helical gears is increasing rapidly due to their compact size. It is widely used in several industrial applications, including the construction of cement, plastics, rubber, and other heavy industrial environments. It is useful in high-performance applications such as crushers, extruders, coolers, and conveyors.

The planetary gear segment also holds a significant share in the market due to its excellent characteristics, such as endurance, accuracy, and specific functionality, and is characterized by its precision applications. This type of motor increases equipment life and optimizes performance. Planetary gear is available in solid or hollow construction, with various mounting options such as flange, shaft, or foot.

Gear Motors Market by Voltage

Based on voltage, the gear motors market has been segmented into Rated Power Up to 1 kW, 1kW to 30kV, 30kV to 70kV and 70kV to 100kV. 30kV to 70 kV segment is expected to hold a significant share and grow considerably and is expected to generate the revenue in 2030 USD $18,458.6 Billion.

Gear Motors Market by Torque

Based on Torque, the gear motors market has been segmented into Up to 10,000 Nm Torque and Above 10,000 Nm Torque. An Up to 10,000 Nm segment is expected to hold a significant share and is estimated to generate revenue in 2030 USD $ 28,812.8 Million. It offers benefits such as extreme speed reduction, low maintenance costs, extremely customizable, flexibility, etc. Also, it is used in food processing, factory automation, medical equipment, heavy-duty conveyor systems, etc.

Above 10,000 Nm offers benefits such as being suitable for all heavy-duty applications, high transmittable torque, power, reliability, high shock resistance, etc. It has high torque density with robustness and high-speed operation. Above 10, 000 Nm motors can offer excellent power transfer in a very compact space owing to their angular layout.

Gear Motors Market by Application

Based on Industry, the gear motors market has been segmented into wind power, material handling, food &beverages, cement & aggregates, metal & mining, automotive, construction, power generation, chemical, rubber, & Plastics, Marine and others. The material handling industries dominate the market and is expected to generate revenue USD $13,471.6 Million in 2030 and is anticipated to be the fastest-growing segments in the Gear Motor Market during the forecasted period.

Gear Motors Market Regional Insights

By region, the global market is segmented into North America, Europe, Latin America, Africa, and Rest of the World. Among these, Asia Pacific region dominates the global market. This region relies on rising construction industries and power generation activities. The industrial participants clearly understand the importance of developing energy technology and its impact on the energy and power sectors. 

Geared motors are widely used in coal plants and wind energy. The increased CO2 emissions will lead to developing renewable energy sector such as wind energy with improved and more efficient capacities. The growth in the region is primarily driven by the increasing industrialization and urbanization, and rising demand for automation in various industries such as food and beverages, material handling, and packaging. China and India are the major contributors to the market growth in the region. The increasing investment in infrastructure and construction activities in the region is also expected to boost the demand for gear motors.

Europe’s Gear Motor market has seen steady growth in the gear motor market in recent years due to several factors such as increased demand for energy-efficient and high-performance gear motors in various industries, advancements in technology, and government initiatives to promote the use of energy-efficient equipment. Additionally, the growing adoption of automation in various industries is also driving market growth. Further, the German Gear Motor market held the largest market share, and the UK Gear Motor market was the fastest-growing market in the European region.

In North America, the Gear Motor market is expected to be the second largest market share. The region's growth can be attributed to the presence of a large number of manufacturing industries, increasing adoption of automation, and government initiatives to promote energy-efficient equipment. 

The U.S. is the major contributor to the market growth in the region, due to the presence of a large number of manufacturing industries and the increasing adoption of automation in various sectors such as transportation, mining, and oil & gas. Canada is also expected to witness significant growth in the gear motor market in the forecast period, due to the growing demand for energy-efficient equipment and the increasing adoption of automation in various industries. Moreover, the U.S. Gear Motor market held the largest market share, and the Canada Gear Motor market was the fastest-growing market in the North American region.

Gear Motors Key Market Players & Competitive Insights

In the gear motors market, several key players have established themselves as major contributors to the industry's growth and innovation. Among these prominent players are Siemens, Eaton, Sumitomo Heavy Industries Ltd, Johnson Electric Holdings Limited, Emerson Electric Co, Elecon Engineering Company Ltd are holding particularly strong positions.

The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Gear Motor. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. 

To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Gear Motor industry must offer affordable products. Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Gear Motor industry to benefit customers and expand the market sector.

Key Companies in the Gear Motors Market includes:

• Siemens


• Eaton


• Sumitomo Heavy Industries Ltd


• Johnson Electric Holdings Limited


• Emerson Electric Co


• Elecon Engineering Company Ltd


• Toshiba Industrial Products and Systems Corporation

Gear Motors Industry Developments

March 2017:Dana Incorporated announced that it has completed the acquisition of t Brevini Motion system. The acquisition of Brevini aligns with Dana's enterprise strategy, which includes leveraging core expertise, strengthening customer centricity, expanding global markets, commercializing new technologies, and accelerating hybridization and electrification.

In december 2023, Mill Gears Pvt. Ltd., a Gujarat-based, leading company in industrial innovation, has launched one of the world’s largest Gearbox designed especially for the sugar mill industry. This revolutionary product looks forward to marking a significant leap in the industrial engineering segment and setting a new benchmark for efficiency and performance.

Gear Motor Segmentation

Gear Motor Gear Type Outlook

• Helical Gear Motors


• Planetary Gear Motors


• Helical-Bevel Gear Motors


• Worm Gear Motors


• Others

Gear Motor Voltage Outlook

• Up to 1 kW


• 1kV- 30kV


• 30kV- 70kV


• 70kV- 100kV

Gear Motor Torque Outlook

• Up to 10,000 Nm Torque


• Above 10,000 Nm Torque

Gear Motor Application Outlook

• Wind Power


• Material Handling


• Food & Beverage


• Cement & Aggregates


• Metals & Mining


• Automotive


• Construction


• Power Generation (Excluding Wind Power)


• Chemicals, Rubber, & Plastics


• Marine


• Others

Gear Motor Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  • RoNA
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  •  Rest of Asia-Pacific
  
  
  
  


• Middle East & Africa
  
  
  
  • UAE
  
  
  • Saudi Arabia
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa
  
  
  
  


• Latin America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of Latin America