Two new motor series fulfilling IE3 class requirements are now available in the 7.5-22kW range.
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8.4 Percent YoY Growth Rate for the Geared Products Market in 2021
14.01.2022 -
New research from Interact Analysis shows that during 2020 the overall market for geared motors and heavy-duty industrial gears declined by 2.4 percent. Asia Pacific remained the largest market overall and was also the only one to achieve year-on-year (YoY) growth whilst other regions, namely EMEA, Japan, and the Americas experienced a period of contraction.
Geared Motors And Industrial Gears – A Supplier Landscape Characterised By Two Contrasting Trends
02.07.2021 -
The geared motors and heavy-duty industrial gears market was valued at $10.6bn in 2019. Following a -7 percent contraction in 2020, growth will quickly resume and a 2020-24 CAGR of 2.1 percent will see the market hit $13bn by 2024.