세계의 기어박스 및 기어 모터 시장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2025-2034년)

The Global Gearbox & Gear Motors Market was valued at USD 19.2 billion in 2024 and is estimated to grow at a CAGR of 4.6% to reach USD 30 billion by 2034. The rising popularity of electric vehicles, along with expanding industrial automation and advancements in robotics, continues to drive market demand. Growing investments in clean energy sources, particularly wind energy, are further boosting the need for dependable and high-performing gear motors across various power applications. As industries worldwide focus on modernizing infrastructure and improving energy efficiency, the demand for innovative gearbox technologies is surging.

Gear motors, especially in energy sectors, are becoming increasingly critical due to their ability to enhance energy capture and optimize rotational efficiency. As a result, the market is witnessing strong growth in several end-use verticals, including automotive, manufacturing, and power generation. However, despite this expansion, high upkeep expenses remain a notable barrier. The integrated nature of gear assemblies, motors, and control systems increases complexity, often requiring specialized servicing. Variability in component prices and the need for expert maintenance also contribute to elevated operational costs, which can deter broader adoption in cost-sensitive markets. Nevertheless, ongoing R&D and product enhancements are helping reduce long-term maintenance concerns.

The helical gear segment generated USD 5.4 billion in 2024. These motors are designed with angled teeth, minimizing vibration and operating noise and boosting efficiency. They're commonly found in industries requiring smooth motion and load capacity, such as cranes, hoisting systems, conveyor machinery, and heavy industrial tools. These gear solutions are well-suited for environments where quiet operation and torque performance are vital, including high-precision applications in manufacturing, automation systems, and medical devices. Their capacity to manage significant loads and deliver high torque also makes them favorable for sectors such as material handling, mining, and infrastructure.

In 2024, the automotive segment accounted for a 28% share. With millions of vehicles produced each year across various categories, the sector continues to generate a massive and consistent demand for gear-driven systems. Whether in electric, hybrid, or traditional internal combustion engine configurations, gearboxes remain essential for optimal power delivery. Rapid innovation within the automotive industry is further increasing the need for gear components that support enhanced fuel efficiency, advanced safety technologies, and seamless driving experiences. Modern vehicles are being equipped with multi-speed systems and smart gear mechanisms tailored for evolving emission regulations and performance requirements.

United States Gearbox & Gear Motors Market held a 61% share in 2024. Growth in this market is supported by the widespread implementation of industrial automation and smart manufacturing concepts. Multiple sectors-including construction, packaging, food production, and pharmaceuticals-are increasingly adopting efficient power transmission technologies. Additionally, rising investments in industrial robotics and energy infrastructure are creating new opportunities. With an emphasis on efficiency, reliability, and compact design, US manufacturers push innovation by offering customizable product lines, reduced-maintenance designs, and intelligent systems capable of condition monitoring and predictive maintenance.

Key companies shaping the Global Gearbox & Gear Motors Market include Bonfiglioli S.p.A., Elecon Engineering Co. Ltd., Portescap, NORD Drivesystems Group, Shanthi Gears Limited, Nidec Corporation, Top Gear Transmissions, Dunkermotoren, SEW-EURODRIVE GmbH & Co. KG, Regal Rexnord Corporation, Siemens AG, Flender International GmbH, ABB, Sumitomo Heavy Industries Ltd., and NGL. To strengthen their market standing, leading gearbox, and gear motor manufacturers are adopting a range of proactive strategies.

Many are investing significantly in product development to create high-efficiency and low-noise solutions with longer lifespans and reduced maintenance needs. Companies are also enhancing their global supply chains and establishing local production facilities to ensure better responsiveness to regional demands. Strategic partnerships and acquisitions are helping firms tap into new markets and extend product portfolios. Additionally, several manufacturers are incorporating smart monitoring systems for real-time diagnostics and predictive maintenance, aligning with the shift toward Industry 4.0.

Table of Contents

Chapter 1 Methodology and Scope

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/Country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

• 2.1 Industry 360⁰ synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 Type
  • 2.2.3 Product Type
  • 2.2.4 Rated Power
  • 2.2.5 End use Industry
  • 2.2.6 Distribution Channel
• 2.3 CXO perspectives: Strategic imperatives
  • 2.3.1 Key decision points for industry executives
  • 2.3.2 Critical success factors for market players
• 2.4 Future outlook and strategic recommendations

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier landscape
  • 3.1.2 Profit margin
  • 3.1.3 Value addition at each stage
  • 3.1.4 Factor affecting the value chain
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
    • 3.2.1.1 Rising demand for electrical vehicles
    • 3.2.1.2 Growth in renewable energy sector
    • 3.2.1.3 Advancements in industrial automation and robotics
  • 3.2.2 Industry pitfalls & challenges
    • 3.2.2.1 High maintenance costs
    • 3.2.2.2 Fluctuations in raw material costs
  • 3.2.3 Opportunities
• 3.3 Growth potential analysis
• 3.4 Future market trends
• 3.5 Technology and innovation landscape
  • 3.5.1 Current technological trends
  • 3.5.2 Emerging technologies
• 3.6 Price trends
  • 3.6.1 By region
• 3.7 Regulatory landscape
  • 3.7.1 Standards and compliance requirements
  • 3.7.2 Regional regulatory frameworks
  • 3.7.3 Certification standards
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 By region
    • 4.2.1.1 North America
    • 4.2.1.2 Europe
    • 4.2.1.3 Asia Pacific
    • 4.2.1.4 Latin America
    • 4.2.1.5 MEA
• 4.3 Company matrix analysis
• 4.4 Competitive analysis of major market players
• 4.5 Competitive positioning matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New product launches
  • 4.6.4 Expansion plans

Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2034 (USD Billion) (Thousand Units)

• 5.1 Key trends
• 5.2 Helical gear
• 5.3 Planetary gear
• 5.4 Bevel gear
• 5.5 Worm gear
• 5.6 Others

Chapter 6 Market Estimates and Forecast, By Product Type, 2021 - 2034 (USD Billion) (Thousand Units)

• 6.1 Key trends
• 6.2 Gearbox
• 6.3 Gear motor unit

Chapter 7 Market Estimates and Forecast, By Rated Power, 2021 - 2034 (USD Billion) (Thousand Units)

• 7.1 Key trends
• 7.2 Up to 7.5 kW
• 7.3 7.5 kW to 75 kW
• 7.4 Above 75 kW

Chapter 8 Market Estimates and Forecast, By End Use Industry, 2021 - 2034 (USD Billion) (Thousand Units)

• 8.1 Key trends
• 8.2 Material handling
• 8.3 Automotive
• 8.4 Food and beverages
• 8.5 Medical
• 8.6 Wind power
• 8.7 Metals and mining
• 8.8 Others

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021 - 2034 (USD Billion) (Thousand Units)

• 9.1 Key trends
• 9.2 Direct
• 9.3 Indirect

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Billion) (Thousand Units)

• 10.1 Key trends
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 France
  • 10.3.4 Spain
  • 10.3.5 Italy
• 10.4 Asia Pacific
  • 10.4.1 China
  • 10.4.2 Japan
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 South Korea
• 10.5 Latin America
  • 10.5.1 Brazil
  • 10.5.2 Mexico
  • 10.5.3 Argentina
• 10.6 Middle East and Africa
  • 10.6.1 South Africa
  • 10.6.2 Saudi Arabia
  • 10.6.3 UAE

Chapter 11 Company Profiles

• 11.1 ABB
• 11.2 Bonfiglioli S.p.A.
• 11.3 Dunkermotoren
• 11.4 Elecon Engineering Co. Ltd.
• 11.5 Flender International GmbH
• 11.6 NGL
• 11.7 Nidec Corporation
• 11.8 NORD Drivesystems Group
• 11.9 Portescap
• 11.10 Regal Rexnord Corporation
• 11.11 SEW-EURODRIVE GmbH & Co. KG
• 11.12 Shanthi Gears Limited
• 11.13 Siemens AG
• 11.14 Sumitomo Heavy Industries Ltd.
• 11.15 Top Gear Transmissions