Gear motors are power devices which generally constituted by a gear drive and a motor. Gear drives, also called gearbox, are transmission devices that widely used in low speed and high power equipment like crane, packaging machine and rolling machine.
In this report, we focus on the gear motors and drives used in industrial applications and exclude precision-geared products as well as geared products used in propulsion systems.
Advanced Industrial Gear Motors and Drives manufacturers are located in developed regions like Japan, North America and Europe, but most of them have plants in developing or less developed regions. At present, the main consumption market concentrated in Europe and North America and the market of developing countries is growing fast.

Market Analysis and Insights: Global Industrial Gear Motors and Drives Market
The global Industrial Gear Motors and Drives market was valued at US$ 16120 in 2020 and will reach US$ 22860 million by the end of 2027, growing at a CAGR of 6.0% during 2022-2027.

Global Industrial Gear Motors and Drives Scope and Market Size
The global Industrial Gear Motors and Drives market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Gear Motors and Drives market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Normal Gear
Worm Gear
Planetary Gear
Others

Segment by Application
Energy
Chemical
Food
Transportation
Others

The Industrial Gear Motors and Drives market is analysed and market size information is provided by regions (countries). Segment by Application, the Industrial Gear Motors and Drives market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Siemens
SEW-EURODRIVE
Nord
Bosch Rexroth
Emerson
ABB
Altra Industrial Motion
Sumitomo Heavy Industries
Bonfiglioli
Rexnord
Weg
TECO
Guomao Reducer
Tailong Decelerator Machinery
Taixing Reducer
Tongli
Haoke
Hongtai
Tianjin Speed Reducer
Jiangsu Tailai Group