Global Industrial Gear Motors and Drives Market 2015-2019

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Global Industrial Gear Motors and Drives Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Motors and Drives Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The market would have to circumvent some serious growth bottlenecks to achieve sustained growth. The availability of alternative technologies is hindering market growth considerably and the easy availability of variable frequency drives at a low price, poses a considerable threat to the market. The emphasis on local consumption is another key challenge in the market.However, a rise in construction activities in North America and the APAC acts as an emerging trend in the market.”

• Industrial gear motors and drives are power transmission components that help reduce the complexity and cost of designing and constructing power tools, machines, and appliances that need high torques at relatively low shaft speeds. They are classified into two product segments: standard geared products and precision geared products.

• The market is expected to witness significant growth and post a CAGR of 5.21% during the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Industrial Gear Motors and Drives Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our

report:

Global Industrial Gear Motors and Drives Market 2015-2019

ABB Ltd.

Bonfiglioli

Emerson Electric Co.

ABB is one of the major vendors in the global industrial gear motors and drives market. ABB's gear motors are highly used in positioners and robots. They help manufacturers to optimize performance and cost-efficiency. Its acquisition of Baldor Electric in 2011 has positioned it as a major motor vendor in North America.

Bonfiglioli offers a wide range of gear motors, gear boxes, and drive systems, which fulfill the power transmission needs in the field of mobile machinery, industrial automation, and renewable energy. The company always tries to be ahead of its competitors with continuous advances in products.

Emerson Electric has a wide portfolio of gear motors such as helical with axial output, helical with right-angle output, and worm and wheel with right-angle output. The company caters to various industries such as automotive, chemical, food processing, oil and gas, textiles, and wind turbines.

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Market Landscape

• The governments of emerging economies are emphasizing capacity additions in various industries such as power, mining, oil and gas, steel, and textiles.

• This will fuel the demand for engineering products such as boilers, gear motors, and gear drives.

• The manufacturing industry in the US is also expected to post accelerated growth during the forecast period.

• The spending has picked up for consumer durable goods, business equipment, and construction.

• In addition, low gas prices in the US have led to increased sales of motor vehicles.

• Moreover, revenue growth in the EMEA is expected to pick up in the coming years with the easing of the Eurozone debt crisis.  

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Key Buying Criteria Guest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameters:

• AccuracyAccuracy is the precision with which a geared motor performs the required task with respect to actual requirements. A geared motor should have high accuracy and should deliver consistent output throughout its life span.

• CustomizationCustomization is the provision of a particular solution that is designed for the specific needs of an organization. Vendors should provide industry-specific customized geared motors to meet the specific needs of organizations.

• ReliabilityThe geared motor should be able to perform its functions under stated conditions for a specified period.

• Total cost of ownershipTotal cost of ownership is the cost that end-users incur during the entire life cycle of a geared motor. Vendors of geared motors should provide implementation, maintenance, and support at a low cost to end-users.

Global Industrial Gear Motors and Drives Market 2015-2019

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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