Product Code: GVR-4-68040-395-9
Gear Motor Market Size & Trends:
The global gear motor market size was estimated at USD 24.38 billion in 2023 and is expected to grow at a CAGR of 7.0% from 2024 to 2030. The growing trend of industrial automation primarily influences the market. As industries seek to enhance efficiency and productivity, the integration of automated systems becomes increasingly prevalent. Gear motors are essential components in these systems, providing precise control over mechanical operations. This precision is crucial for maintaining consistent production quality and optimizing operational workflows.
Energy efficiency also plays a significant role in driving the market growth. With rising energy costs and stringent environmental regulations, industries are placing greater emphasis on reducing energy consumption. Gear motors are designed to offer optimized performance with minimal energy loss, aligning with the broader industry push for more sustainable and cost-effective solutions.
Technological advancements play a crucial role in the development and adoption of gear motors. The incorporation of the Internet of Things (IoT) and smart technologies into gear motors is transforming their functionality. Modern gear motors are increasingly equipped with sensors and connectivity features that enable real-time monitoring and data collection. These smart capabilities provide valuable insights into performance metrics such as temperature, vibration, and load. By leveraging this data, companies can implement predictive maintenance strategies, thus minimizing downtime and enhancing the reliability and efficiency of their systems. Additionally, advancements in material science are driving significant improvements in gear motor design. The use of high-strength and lightweight materials, such as carbon composites and advanced polymers, is becoming more prevalent.
However, the target market faces several significant restraints that could slow down its widespread. One of the primary restraints is the high initial cost associated with advanced gear motors. The investment required for high-performance and technologically advanced gear motors can be significant, particularly for small to medium-sized enterprises. This high cost may limit adoption, especially in budget-sensitive industries or regions. Additionally, gear motors, particularly those with complex designs or advanced features, can be challenging to maintain and operate. The need for specialized maintenance and repair services can increase operational costs and require skilled personnel. This complexity can be a barrier for companies with limited resources or expertise in managing sophisticated gear motor systems.
Global Gear Motor Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global gear motor market report based on type, rated power, torque, end use, and region:
- Type Outlook (Revenue, USD Billion, 2017 - 2030)
- Helical Gear Motor
- Planetary Gear Motor
- Helical-Bevel Gear Motor
- Worm Gear Motor
- Others
- Rated Power Outlook (Revenue, USD Billion, 2017 - 2030)
- Up to 7.5 kW
- 7.5 kW to 75 kW
- Above 75 kW
- Torque Outlook (Revenue, USD Billion, 2017 - 2030)
- up to 10,000 Nm
- Above 10,000 Nm
- End Use Outlook (Revenue, USD Billion, 2017 - 2030)
- Industrial Machinery
- Automotive
- Aerospace & Defense
- Consumer Electronics
- Agriculture
- Energy & Power
- Marine
- Others
- Regional Outlook (Revenue, USD Billion, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Landscape Outlook
Chapter 3. Gear Motor Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Gear Motor Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Gear Motor Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Gear Motor Market: Type Movement Analysis, USD Billion, 2023 & 2030
- 4.3. Helical Gear Motor
- 4.3.1. Helical Gear Motor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.4. Planetary Gear Motor
- 4.4.1. Planetary Gear Motor Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.5. Helical-Bevel Gear Motor
- 4.5.1. Helical-Bevel Gear Motor Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.6. Worm Gear Motor
- 4.6.1. Worm Gear Motor Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.7. Others
- 4.7.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 5. Gear Motor Market: Rated Power Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Gear Motor Market: Rated Power Movement Analysis, USD Billion, 2023 & 2030
- 5.3. Up to 7.5 kW
- 5.3.1. Up to 7.5 kW Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 5.4. 7.5 kW to 75 kW
- 5.4.1. 7.5 kW to 75 kW Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 5.5. Above 75 kW
- 5.5.1. Above 75 kW Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 6. Gear Motor Market: Torque Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Gear Motor Market: Torque Movement Analysis, USD Billion, 2023 & 2030
- 6.3. Up to 10,000 Nm
- 6.3.1. Up to 10,000 Nm Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.4. Above 10,000 Nm
- 6.4.1. Above 10,000 Nm Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 7. Gear Motor Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Gear Motor Market: End Use Movement Analysis, USD Billion, 2023 & 2030
- 7.3. Industrial Machinery
- 7.3.1. Industrial Machinery Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.4. Automotive
- 7.4.1. Automotive Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.5. Aerospace & Defense
- 7.5.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.6. Consumer Electronics
- 7.6.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.7. Agriculture
- 7.7.1. Agriculture Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.8. Energy & Power
- 7.8.1. Energy & Power Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.9. Marine
- 7.9.1. Marine Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.10. Others
- 7.10.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 8. Gear Motor Market: Regional Estimates & Trend Analysis
- 8.1. Gear Motor Market Share, by Region, 2023 & 2030, USD Billion
- 8.2. North America
- 8.2.1. North America Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.2.2. North America Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.2.3. North America Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.2.4. North America Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.2.5. North America Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.2.6. U.S.
- 8.2.6.1. U.S. Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.2.6.2. U.S. Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.2.6.3. U.S. Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.2.6.4. U.S. Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.2.6.5. U.S. Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.2.7. Canada
- 8.2.7.1. Canada Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.2.7.2. Canada Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.2.7.3. Canada Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.2.7.4. Canada Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.2.7.5. Canada Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.2.8. Mexico
- 8.2.8.1. Mexico Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.2.8.2. Mexico Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.2.8.3. Mexico Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.2.8.4. Mexico Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.2.8.5. Mexico Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.3.2. Europe Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.3.3. Europe Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.3.4. Europe Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.3.5. UK
- 8.3.5.1. UK Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.3.5.2. UK Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.3.5.3. UK Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.3.5.4. UK Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.3.5.5. UK Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.3.6. Germany
- 8.3.6.1. Germany Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.3.6.2. Germany Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.3.6.3. Germany Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.3.6.4. Germany Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.3.6.5. Germany Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.3.7. France
- 8.3.7.1. France Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.3.7.2. France Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.3.7.3. France Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.3.7.4. France Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.3.7.5. France Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.4.2. Asia Pacific Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.4.3. Asia Pacific Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.4.4. Asia Pacific Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.4.5. China
- 8.4.5.1. China Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.4.5.2. China Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.4.5.3. China Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.4.5.4. China Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.4.5.5. China Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.4.6. Japan
- 8.4.6.1. Japan Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.4.6.2. Japan Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.4.6.3. Japan Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.4.6.4. Japan Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.4.6.5. Japan Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.4.7. India
- 8.4.7.1. India Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.4.7.2. India Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.4.7.3. India Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.4.7.4. India Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.4.7.5. India Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.4.8. South Korea
- 8.4.8.1. South Korea Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.4.8.2. South Korea Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.4.8.3. South Korea Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.4.8.4. South Korea Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.4.8.5. South Korea Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.4.9. Australia
- 8.4.9.1. Australia Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.4.9.2. Australia Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.4.9.3. Australia Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.4.9.4. Australia Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.4.9.5. Australia Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.5.2. Latin America Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.5.3. Latin America Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.5.4. Latin America Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.5.5. Brazil
- 8.5.5.1. Brazil Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.5.5.2. Brazil Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.5.5.3. Brazil Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.5.5.4. Brazil Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.5.5.5. Brazil Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.6. Middle East and Africa (MEA)
- 8.6.1. MEA Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.6.2. MEA Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.6.3. MEA Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.6.4. MEA Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.6.5. KSA
- 8.6.5.1. KSA Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.6.5.2. KSA Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.6.5.3. KSA Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.6.5.4. KSA Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.6.5.5. KSA Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.6.6. UAE
- 8.6.6.1. UAE Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.6.6.2. UAE Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.6.6.3. UAE Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.6.6.4. UAE Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.6.6.5. UAE Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 8.6.7. South Africa
- 8.6.7.1. South Africa Gear Motor Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 8.6.7.2. South Africa Gear Motor Market Estimates and Forecasts, by Type, 2017 - 2030 (USD Billion)
- 8.6.7.3. South Africa Gear Motor Market Estimates and Forecasts, by Rated Power, 2017 - 2030 (USD Billion)
- 8.6.7.4. South Africa Gear Motor Market Estimates and Forecasts, by Torque, 2017 - 2030 (USD Billion)
- 8.6.7.5. South Africa Gear Motor Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Companies
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Market Share Analysis
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Product Launches
- 9.5.5. Research and Development
- 9.6. Company Profiles
- 9.6.1. Eaton
- 9.6.1.1. Company Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Recent Developments
- 9.6.2. Siemens
- 9.6.2.1. Company Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Recent Developments
- 9.6.3. SEW-EURODRIVE
- 9.6.3.1. Company Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Recent Developments
- 9.6.4. WEG Gear Systems GmbH
- 9.6.4.1. Company Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Recent Developments
- 9.6.5. Johnson Electric Holdings Limited
- 9.6.5.1. Company Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Recent Developments
- 9.6.6. Emerson Electric Co.
- 9.6.6.1. Company Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Recent Developments
- 9.6.7. Bauer Gear Motor
- 9.6.7.1. Company Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Recent Developments
- 9.6.8. Sumito Drive Technologies
- 9.6.8.1. Company Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Recent Developments
- 9.6.9. ABB
- 9.6.9.1. Company Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Recent Developments
- 9.6.10. Regal Rexnord
- 9.6.10.1. Company Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Recent Developments
- 9.6.11. Portescap
- 9.6.11.1. Company Overview
- 9.6.11.2. Financial Performance
- 9.6.11.3. Product Benchmarking
- 9.6.11.4. Recent Developments
- 9.6.12. ORIENTAL MOTOR USA CORP
- 9.6.12.1. Company Overview
- 9.6.12.2. Financial Performance
- 9.6.12.3. Product Benchmarking
- 9.6.12.4. Recent Development