This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Gear reduction motor Market

Gear reduction motor Market

Gear reduction motor Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

Gear reduction motor Market
FACT720MR

Gear reduction motor Market : Overview

The overall sales for gear reduction motors went a slight down on account of government orders for the closure of all production units and barring of distribution and transportation networks in 2020. As recovery in Covid-19 condition commences, the small-scale as well as large-scale firms are putting all their efforts in overcoming the losses they went through to establish a new and unique image among their customers.

Leading manufacturing companies such as Eaton Corporation, Siemens AG, Baldor Electric Company, Sew Eurodrive GmbH, Bauer Gear Motor Corporation, Sumitomo Heavy Industries Limited, Johnson Electric Holdings Limited, Emersion Electric Corporation, Brevini Power Transmission Corporation, Bonfiglioli Riduttori Corporation and Framo Morat Group are investing in innovation and latest technological adoptions to maintain pace with the changing market situations. These companies are focusing on the business strategies like research and developments, new product launches, product approvals, patents and events, joint ventures, product innovations, partnership agreements, collaborations, digital marketing, mergers and acquisitions, technological upliftments, hiring expertise etc to maintain and strengthen their position globally.

For instance, Premium Transmission Corporation, one of the leading manufacturers of industrial gear motors announced that it has opened a new developmental center in Kolkata on 12th February, 2019. The company wanted to create a favourable employment scenario through the establishment of this center. At present, the company is generating 20 % of its total revenue from Eastern market and this center being the first one in this region. This developmental unit is an extension of the company’s current R&D activities and aims to develop innovative products, catering to core sectors like Steel, Power, Oil and Gas, Sugar, Cement, Construction etc. The company in the present situation is growing in the international market and is transforming itself into a truly global player with strong R&D, design and engineering expertise, state-of-the-art manufacturing units in Falta, Pune and Aurangabad and one overseas manufacturing unit in Germany. The company has further plans to make investments in product developments in both Kolkata and Pune in the coming years and expects to garner 15-20 % of total revenue from new products.

In addition to that, Regal Beloit Corporation, a leading manufacturer of electric motors made an announcement of completing the acquisition of Nicrota Gebhardt Corporation, a leader in energy efficient systems for approximately 125 million Euros in January 2019. The company under the acquisition is enhancing its portfolio, diversifying the geographical exposure and strengthen its capability to deliver energy efficient solutions. It is aimed at adding more innovative and improved gear motors and other air moving systems. The acquisition will help Regal Beloit to get NG’s talented team consisting of experts in their light commercial air moving parts. These corporations together are continuing to expand their energy efficiency system solutions for the customers. The acquisition added approximately 4.1 % to the company’s sales growth by the end of 2019.

Gear reduction is a process by which input speed can be lowered for the requirement of a slower output speed with the same torque, and a gear reduction system consists of rotating gears that change the torque to achieve the required result. Gear reduction motors has been used more and more in industrial equipment for infrastructural development as a way to increase torque while reducing the speed of the equipment. From production lines to wind mill turbines, popularity of the gear reduction motor has been steadily growing in recent years.

Gear reduction motors have separate applications– as speed reducers and as torque reducers, and are being used increasingly as reliable gear reduction units are critical across many industrial applications. The more common application of a gear reduction motor is to reduce speed while increasing torque, as it is used in conveyer belt systems. Gear reduction motors are also used in the opposite manner in windmills to produce electricity where it is used to increase rotational speed – less torque and more speed.

With gear reduction motors are being used to improve process efficiency opening up prospects for manufacturers to widen the scope of industrial applications of gear reduction motors during the forecast period of 2019-2027.

Gear reduction motor is widely used in automobile, bicycles, conveyer systems and other industrial and material handling equipment to increase torque while reducing the speed. The gear reduction motor typically reduces speed to avert the loss of control in rotating systems, for example, from the engine of a vehicle to its wheel. By altering the ratio of rotation of two mechanical parts, gear reduction motor can change the energy input, thereby suitable for heavy duty applications including lifting, tank fabrication and in construction and mining industries.

The gear reduction motors are highly reliable, durable, ideal for heavy load application, and offers various mechanical advantages by reducing the speed of rotating equipment. These are the key factors driving the demand for global gear reduction motors.

Gear reduction motor market has been gaining high traction in the recent years with its rising scope of application. Owing to rapid industrial growth and increasing infrastructural development activities, gear reduction motor market is likely to witness steady growth in the emerging economies of Asia Pacific. In addition, large scale vehicle production along with increasing number airports that largely adopt conveyer belt is expected to accelerate the growth of gear reduction motor market in the region.

Efficient Torque Management in Conveyor Belts to Complement the Use of Gear Reduction Motors

Demand for conveyor belts has been increasing at a significant rate owing to increasing number of manufacturing plants that require conveyor belts to carry out material handling and transportation within the factory premises. Increasing number of airport construction projects have been witnessed since past year. For instance, in India, government is planning to launch 100 airports in the coming 15 years with a high investment of 4 lakh crore. This is expected to present potential opportunities for the installation of conveyor belts, which consequently would have a positive impact on gear reduction motors.

Conveyor belts need managed speed to torque ratio as they run on low speeds. However, conveyor belts require additional torque owing to the weight they carry while transportation. Gear reduction motors offer enhanced torque increment alongside speed reduction without causing stoppages. This factor is expected to influence the growth of the gear reduction motors market during the period of forecast.

Know More Details About the Report

Focus on Reducing Corrosion and Contamination: A Key Focus Area for Manufacturers

Gear reduction motors are widely used across various end use industries and under extreme conditions, during which external agents can cause higher amount of corrosion to the gears and the motor alike, which can increase the risk of contamination to the end product. This challenge has been addressed by key stakeholders as they are developing novel gear reduction motors that largely reduce or eliminate the chances of corrosion, flaking, scratching and chipping.

Such aseptic gear reduction motors can be used in critical applications in which process and product hygiene is of high importance, such as food manufacturing, meat processing, processing of dairy products, manufacturing of bakery and confectionery products, pharmaceuticals and brewing. The use of such aseptic gear reduction motors is expected to enhance the scope of their use in the said industries, consequently favoring the growth of the global gear reduction motors market during the period of assessment.

Growing Use of Earth Moving Equipment Could Potentially Further the Growth of Gear Reduction Motors

Growing mining activities across emerging and developed economies has been offering significant growth opportunities for the earth moving equipment and related machinery. The adoption of earth moving equipment is expected to aid the growth in gear reduction motors that are used to control the speed and increase the torque while carrying out lifting operations and excavation activities. Apart from mining, the growth in the construction activities is also anticipated to spur the adoption of earth moving equipment. Increase in number of infrastructure and construction projects across the globe have fuelled the sales of heavy earth moving machinery.

For instance, Hudson Yards Redevelopment Project (U.S.), Water Transfer Project (China), London Cross rail Project (UK), Gujarat International Finance Tech City (India) and Khazar Islands (Azerbaijan) are few of the projects that have pushed the demand for these machines. This, in turn, has demanded efficient power transmission requirements, that include regulated torque increment with minimal load on engine, simultaneously reducing speeds as well as increasing them during lifting operations. This is expected to significantly fuel the adoption of gear reduction motors.

Market participants involved in gear reduction motors are focusing on improving gear torques for various asynchronous as well as synchronous applications. For example, Siemens AG has come up with SIMOGEAR gear reduction motor that offers high performance up to 55 kW from 0.09 kW achieving unit torque of 19.5 Nm.

Other major participants in the global gear reduction motors market include Maxon Motor AG, BONFIGLIOLI RIDUTTORI S.P.A., Dana Brevini Group, Altra Industrial Motion Corp., Elecon Engineering Company Limited, ABB Group, Anaheim Automation, Inc., Portescap, Johnson Electric, Framo Morat, Emerson Electric, Eaton Corporation, Bison Group, Sumitomo Drive Technologies, SEW-Eurodrive and BFT Automation UK Ltd., among others.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

  • Market Dynamics
  • Market Size
  • Market Segments
  • Demand & Supply Trends
  • Current Issues and Challenges
  • Companies and Competitor Landscape
  • Value Chain
  • Technology

Avail customized purchase options for your needs

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

  • Elaborated scenario of the parent market
  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
  • Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

An Adaptive Approach to Modern-day Research Needs

Need an Exclusive Report for your Unique Requirement?

Talk Show:

The Rise of Intelligent Packaging

Personalized, Connected and Sustainable

November 18, 2021 11:00-11:45 AM PST (USA & Canada)
This is a LIVE session
Future Market Insights MarketNgage Spring

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.