Global Parallel Shaft Geared Motors Market : Industry Analysis and Forecast 2027:

Global Parallel Shaft Geared Motors Market was valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2027, growing at a CAGR of XX% in forecast period.



The report has covered the analysis of different factors that affects the dynamics of market growth positively or negatively. It constitutes the trends, restraints, and drivers by region, end user segments, technology that will give deep insights of the market and industry to the readers.

ParallelShaft Gear Motors use gears to accomplish the speed reduction. They are called ParallelShaft since the motor shaft and the speed reducer shaft are on Parallel planes. It is precisely this disposition that enables for quite flat gearboxes, which are ideal for applications where space is limited, such as stirrers for liquid mixing processes.

Stringent Energy Regulations are imposed to reduce energy costs has resulted in the adoption of extensive energy efficient methods for various industrial applications. Increasing investments in different manufacturing sectors, such as packaging, plastics, and automotive handling are expected to create potential demand for the ParallelShaftGeared Motors.

The compact design, low vibration, power rating of up to 200 kwand a nominal torque for the speed reducer of up to 20,000 Nm are some of the advantages of the Parallel Geared Motors. These advantages extends the demand and unavoidability of ParallelShaftGeared motors.

By End-use industry, the food and beverage industry holds the largest share of XX % in the ParallelShaft-Geared Motors market. The reason is the need to comply with stringent regulations that emphasize on food safety, quality, and hygiene, inducing manufacturers to upgrade their service and infrastructure according to the norms. The growing population, along with the increase in expenditure power of peopleare important factors in rising demand for food. To counteract the increasing demand for food products, the adoption of automated technologies for processing and packaging machinery. The ParallelShaft-Geared Motors market is expected to witness a high growth rate of XX in this segment.

Asia-Pacific has emerged as one of the largest ParallelShaftGeared motors market, owing to large-scale industrialization in the region. Governments in Asia-Pacific are focusing on existing infrastructure development. Increasing investments and technological advancements in wind power, food and beverage, materials, and other end-user applications has escalated the demand for Parallel Shaft Geared Motors.

The emerging economies like India, China, and Japan are expected to contribute more with XX% share in the progress of ParallelShaft-Geared Motors market with the help of surging infrastructure development and rapid industrialization. These countries are expected to dominate the Parallel Shaft Geared Motors Market.

The report includes analysis of the impact of COVID-19 lockdown on the revenue of market-leader, followers and disrupters. Since lockdown was implemented, different fields, regions and countries, impact of same is also different by region and segments. The report has covered short term and long tern impact of the market, which will help decision makers to prepare the outline for short term and long strategies for companies by regions.

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The report provides competitive landscape of the Global Parallel Shaft Geared Motor Market with the company market structure and market share analysis of the key market players.

Some of the key players in the Parallel Shaft Geared Motors market include Siemens AG, NORD Drivesystems, WEG S. A., Toledo Gearmotor, ABB Motors and Mechanical Inc., Bison Gear & Engineering Corp., Bodine Electric Company, SPG Co., Ltd, Mitsubishi Electric Corporation, and Allied Motion Inc.



The objective of the report is to present a comprehensive analysis of the Global ParallelShaftGeared Motor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Parallel Shaft Geared Motor Market dynamics, structure by analyzing the market segments and project the Global Parallel Shaft Geared Motor Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Parallel Shaft Geared Motor Market makes the report investor’s guide.

Global Parallel Shaft Geared Motor Market, by Type

• Solid Shaft
• Hollow Shaft
• Splined hollow Shaft
• Hollow Shaft with shrink disc

Global Parallel Shaft Geared Motor Market, by Application

• Chemical
• Pharmaceutical
• Food & Beverages
• Transportation & Logistics
• Others

Global Parallel Shaft Geared Motor Market, by Stage

• 2-stage
• 3-stage
• Others

Global Parallel Shaft Geared Motor Market, Global Synthetic Fuel Market, by Region

• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America

Key Market Players

• Siemens
• Bison Gear
• Baldor
• Watt Drive Antriebstechnik GmbH
• Bodine Electric Company
• NORD Drivesystems
• spg-usa
• Bonfiglioli
• Sew-Eurodrive
• Hyosung Power & Industrial Systems
• LEESON
• Mitsubishi Electric
• Allied Motion
• DieQua

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