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Global geared products market anticipates slowdown; India to prop up revenue
Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more
NORD offers gears for heavy duty logistics
For heavy duty applications in logistics, NORD Drivesystems provides a comprehensive range of drive solutionsRead more
Geared motors market on a smooth ride
Machinery manufacturers are the main consumers of geared products. Conveyor manufacturers, who were the largest market for geared products in 2020, are expected to see strong growth in the coming years driven mainly by the logistics and factory automation sectors, says Shirly Zhu.Read more
Geared products market to reach $14 bn by 2025: Report
While China continues to be the largest market for industrial geared products, SEW Eurodrive retain the largest share of the market, says Interact Analysis reportRead more
Two contrasting trends in geared motors market
According to Tim Dawson, the supplier landscape is characterised by two contrasting trends - a small number of unusually dominant firms; and an unusually large number of overall suppliers into the market.Read more
