Geared Motors

The Geared Motors Market Research delivers current market analysis plus a five year market and technology forecast. It is available in multiple editions including worldwide, all regions, and most major countries. 

Digitalization Restructures the Market for Geared Motors

ARC’s market research on Geared Motors reveals that the digitalization of industrial processes is supported by the integration of drives, PLCs, and geared motors. Geared motors help enhance the operation of industrial facilities by supplying information about real-time motor driving characteristics, which indicate states of the drive mechanism and the machinery. This data may be leveraged in edge devices and cloud infrastructure. Geared motors are gaining market share as their modular design and flexible usage make it cost-effective. Machines and industries around the world are being restructured because of digitalization and increased connectivity. Industrial devices equipped with geared motors may now be operated and monitored more intelligently than before, independent of location.

Geared motors are used in material handling applications and are therefore found in several industry verticals. Market growth drivers include a steady demand from the food & beverage industry and long-term growth in the transportation & logistics sector. Road construction machinery is a major end user of geared motors. Geared motors are getting smarter and more sophisticated, with features such as program execution in addition to fundamental motor controls. Geared motors with condition-based monitoring capabilities give feedback on the drive, motor, and application‘s health. Analytical signals are used to initiate maintenance and enhance system design.

Geared Motors Strategic Issues

In addition to providing a five-year market forecast, the Geared Motors market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Standardization    

It is crucial to strike a balance between employing a chosen range of geared motors with torque ratings that can be utilized across a broad variety of applications and using solutions that are specifically tailored to each application. Standardization minimizes inventory holding costs by minimizing the number of spare parts. Standardization on a small number of geared motors, on the other hand, will result in the use of larger motors in most applications. When utilized below full load, this will increase energy consumption, notably in the costlier IE4 motors, which lose the efficiency benefit. It is not cost effective to standardize a few motors and pay a premium for high-efficiency motors.

Identify Critical Applications and Use Condition Monitoring    

Prioritize identifying key applications and ensure that they are provided with dependable, appropriately sized geared motors and that the lines are constructed with redundancy if necessary. Condition monitoring on those devices is critical for reducing and controlling exchange times and avoiding output loss. Many geared motors include built-in condition monitoring or may be linked to a third-party system. Although this has become the standard, proper and consistent use of this functionality is still uncommon. Preventive or, better still, predictive condition monitoring must become the norm in critical applications.

Energy Efficiency    

While standardization has its benefits, choosing the best motor for each application is still crucial. With most applications requiring the use of IE4 motors due to energy efficiency standards, it is still critical to size the geared motor accurately to prevent losing the energy efficiency benefit. To provide the required power and speed, integrated frequency inverters are preferable over larger motors. Even when energy is cheap, preparing for future energy shocks should be a top concern.