Malaysia gear motors market is
expected to grow at a significant CAGR in the forecast period. Rapid
industrialization to improve the economic conditions of the country along with
the requirements of the growing population is influencing the gear motors
market growth. The need for efficient power transmission technology to ensure
minimal loss and the high demand for energy in all crucial industry verticals
including metal & mining, food & beverage, wind power, material
handling, amongst others is expected to contribute significantly to the gear
motors market growth in the next five years. The launch of projects aiming at
infrastructural development and the expansion of current infrastructure along
with the growing adoption of privatization to obtain better results is expected
to fuel the market growth. An increase
in urbanization in search of quality living standards and better job
opportunities is creating the need for more electricity generation and
consumption in urban areas. Ongoing research and development activities by the
market players to introduce enhanced gear motors with higher efficiency and
performance are accelerating the growth of the gear motors market. The rise in
the adoption of automation technology in various end-user industries to enhance
efficiency and minimize the chances of error is expected to fuel the growth of
the gearbox market.
Malaysia gear motors market is
segmented into type, product type, rated power, torque, end use industry,
regional distribution, and company. Based on the end use industry, the market
can be divided into wind power, metals and mining, automotive, construction,
chemicals & petrochemicals, power generation (excluding wind power),
others. Wind power is expected to witness growth in the forecast period, 2023-2027
owing to the growing demand for eco-friendly energy sources. The growing burden
on conventional energy sources and the effect of harmful emissions from fossil
fuel energy sources is influencing the growth of the wind power segment.
The major players operating in the
Malaysia gear motors market are Eaton Corporation PLC, Siemens
Malaysia, Baldor Electric Company, Johnson Electric Holdings Limited, Sumitomo
Heavy Industries Ltd., Rossi Malaysia, Bonfiglioli Riduttori S.P.A., Oriental
Motors Malaysia, Emerson Electric (M) Sdn Bhd., Fly Automation Sdn Bhd.,
and others. Major companies are developing advanced technologies and launching
new services to stay competitive in the market. Other competitive strategies
include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market
size of Malaysia gear motors market from 2017 to 2020.
- To estimate and forecast the market size of Malaysia
gear motors market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Malaysia gear motors market
based on type, product type, rated power, torque, end use industry, regional
distribution, and company.
- To identify dominant region or segment in the Malaysia
gear motors.
- To identify drivers and challenges for Malaysia
gear motors.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Malaysia
gear motors.
- To identify and analyze the profile of leading
players operating in Malaysia gear motors.
- To identify key sustainable strategies adopted
by market players in Malaysia gear motors market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers who
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Malaysia gear motors market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Gear Motor manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to gear motors market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Type
·
Product Type
·
Rated Power
·
Torque
·
End Use Industry
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Regional scope
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East Coast Region; Southern Region; Northern Region; East
Region; Central Region
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Key companies profiled
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Eaton Corporation PLC, Siemens Malaysia,
Baldor Electric Company, Johnson Electric Holdings Limited, Sumitomo Heavy
Industries Ltd., Rossi Malaysia, Bonfiglioli Riduttori S.P.A., Oriental
Motors Malaysia, Emerson Electric (M) Sdn Bhd., Fly Automation Sdn Bhd.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Malaysia gear
motors market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
Malaysia Gear Motors Market, By Type:
- Helical Gear Motors
- Helical-Bevel Gear Motors
- Worm
- Planetary
- Others
- Malaysia Gear Motors Market, By Product Type:
- Malaysia Gear Motors Market, By Rated Power:
- Up to 7.5 kW
- 7.5 kW to 75 kW
- Above 75 kW
- Malaysia Gear Motors Market, By Torque:
- Up to
10,000 Nm
- Above
10,000 Nm
- Malaysia Gear Motors Market, By End Use Industry:
- Wind
Power
- Metals
and Mining
- Automotive
- Construction
- Chemicals
& Petrochemicals
- Power
Generation (Excluding Wind Power)
- Others
- Malaysia Gear Motors Market, By Region:
- East
Coast Region
- Southern
Region
- Northern
Region
- East
Region
- Central
Region
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Malaysia gear motors market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Malaysia gear motors market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]