Industry Background:
The motor gear unit is a homogeneous and compact unit consisting of a gear unit and a motor. It delivers high torque at low horsepower or low speed. The speed specifications for these motors are normal speed and stall-speed torque. These motors use gears, typically assembled as a gearbox, to reduce speed, which makes more torque available. Gear motors units are most often used in applications that need a lot of force to move heavy objects.This growth is primarily driven by Increasing Rapid Industrialization and Mechanical Simplicity
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | Million Units |
Value Unit | USD (Million) |
Key Companies in Study | Bonfiglioli Riduttori S.p.A (Italy), Brevini Power Transmission (Italy), EW-Eurodrive GmbH & Co. KG (Germany), Siemens (Germany), Nidec-Shimpo (United States), Boston Gear (United States), Stm Spa (Italy), Motovario S.p.A. (Italy), Eaton Corporation PLC (Ireland) and Emerson Electric Co. (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Industrial Machinery sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Bonfiglioli Riduttori S.p.A (Italy), Brevini Power Transmission (Italy), EW-Eurodrive GmbH & Co. KG (Germany), Siemens (Germany), Nidec-Shimpo (United States), Boston Gear (United States), Stm Spa (Italy), Motovario S.p.A. (Italy), Eaton Corporation PLC (Ireland) and Emerson Electric Co. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 28th March 2019, Siemens is extending its Simogear portfolio with a new synchronous-reluctance drive system consisting of Simogear standard gear unit, Simotics reluctance motor and a Sinamics frequency converter for controlling speed.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Market Drivers
- Increasing Rapid Industrialization and Mechanical Simplicity
- Rising of the Renewable Energy Sector
Market Trend
- Technological Advancment and Development in the Motor Gear Unit
Restraints
- Rising Use of Direct Drives & Variable Speed Drives
Opportunities
Rising Investment in Development of Hybrid Technology
Challenges
High Manufacturing Cost
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Motor Gear Unit Study Sheds Light on
The Motor Gear Unit Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Motor Gear Unit industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Motor Gear Unit industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.