Bangalore, India -- (SBWire) -- 01/22/2018 --The geared motors and drives market appears to be highly fragmented due to the presence of several international and regional players who focus extensively on R&D and technological advancements. The competition among the players has increased due to low product differentiation. To attain a competitive advantage over the other players, the manufacturers in the geared drives and geared motors market are focusing on introducing new and innovative variants and their product portfolio varies based on price, quality, innovation, and regulatory compliance. Based on end-user the market can be segmented into food and beverage, metals and mining, automotive, wind power, oil and gas, and pulp and paper.
Report forecast the global geared motors and drives market to grow at a CAGR of 5.22% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global geared motors and drives market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of geared motors and drives.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global Geared Motors and Drives Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABB
- BONFIGLIOLI RIDUTTORI
- Mitsubishi Electric
- Regal Beloit
- Siemens
- Sumitomo Heavy Industries
Other prominent vendors
- Altra Industrial Motion,
- Anaheim Automation
- Boneng
- Dana Brevini Power – Transmission
- Dematek
- Eaton
- Elecon Engineering
- Groschopp
- Johnson Electric
- NORD Drivesystems
- SEW-EURODRIVE
- SDT Drive Technology
- Watt Drive WEG Group
Market driver
- Focus on increasing energy efficiency in industries
- For a full, detailed list, view our report
Market trend
- Emergence of magnetic gearboxes
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 136 pages "Global Geared Motors and Drives Market 2018 - 2022" report covers Executive Summary, Scope Of The Report, Research Methodology, Introduction, Market Landscape, Market Sizing, Five Forces Analysis, Customer Landscape, Market Segmentation By End-User, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.
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