Global Geared Motors and Drives Market 2018-2022




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About Geared Motors and Drives
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.

Technavios analysts forecast the global geared motors and drives market to grow at a CAGR of 5.22% during the period 2018-2022.

Covered in this report
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:

Technavio's report, 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
Mitsubishi Electric
Regal Beloit
Sumitomo Heavy Industries
Other prominent vendors
Altra Industrial Motion,
Anaheim Automation
Dana Brevini Power Transmission
Elecon Engineering
Johnson Electric
NORD Drivesystems
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?

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