Industrial Geared Motor Market Size and Growth
Industrial geared motors are projected to witness significant growth, driven by increasing automation across industries. The global market size is estimated to reach approximately $6 billion by 2025, supported by advancements in technology and rising demand for energy-efficient solutions. Key trends include the integration of smart technologies and sustainability initiatives.
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Companies Covered
(Covid 19 Impact Covered)
◍ Siemens
◍ Elecon Group
◍ Johnson Electric
◍ Framo Morat Group
◍ Varvel
◍ Bison Group
◍ Emerson
◍ Bauer Gear Motor
◍ Sumitomo Drive Technologies
◍ SEW-Eurodrive
◍ Nord Drivesystems
◍ WEG
◍ Lothian Electric Machines
◍ Assun Motor
◍ Teco Electric Company limited
◍ Portescap
The Industrial Geared Motor Market features key players like Siemens, Emerson, and SEW-Eurodrive, focusing on innovation and efficiency. Companies enhance market growth through advanced technologies and customized solutions. Selected sales revenues include Siemens (€62 billion), Emerson ($18 billion), and WEG ($4 billion), reflecting strong industry demand and investment.
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