Global Parallel Shaft Geared Motors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Shaft Type;
Hollow Shaft, Solid Shaft, Splined Hollow Shaft, and Hollow Shaft with Shrink Disc.By Stage;
2-Stage, 3-Stage, and Others.By Material;
Aluminum Alloy, and Cast Iron.By Application;
Logistics, Food & Beverages, Chemical, and Other Applications.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Parallel Shaft Geared Motors Market (USD Million), 2021 - 2031
In the year 2024, the Global Parallel Shaft Geared Motors Market was valued at USD 2177.53 million. The size of this market is expected to increase to USD 3064.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
The global parallel shaft geared motors market is witnessing steady growth, driven by the increasing demand for efficient power transmission solutions across various industries. Parallel shaft geared motors are widely used in applications that require high torque, compact design, and energy efficiency. These motors feature parallel shafts, which allow for seamless power transmission while minimizing space requirements, making them ideal for industries such as material handling, food and beverage, automotive, and packaging. The market is expanding as industries continue to seek reliable and durable motor solutions that enhance operational efficiency and reduce energy consumption.
One of the key drivers of market growth is the rising adoption of automation and industrial machinery in manufacturing sectors. As industries increasingly shift toward automated systems to improve productivity and reduce labor costs, the demand for parallel shaft geared motors has surged. These motors are essential for conveyor systems, robotics, and industrial machines that require precise torque control and smooth operation. Furthermore, technological advancements such as the integration of smart sensors and predictive maintenance features are enhancing the performance and longevity of parallel shaft geared motors, making them more attractive to end users.
The market is also influenced by the growing focus on energy efficiency and sustainability. Governments and regulatory bodies worldwide are enforcing strict energy efficiency standards, pushing industries to adopt advanced motor solutions that consume less power while delivering high performance. Parallel shaft geared motors, known for their high mechanical efficiency and reduced energy loss, are increasingly preferred in eco-friendly industrial setups. Additionally, the rising adoption of renewable energy solutions, such as wind and solar power, is further driving the need for efficient power transmission components, contributing to market growth.
Despite the positive outlook, the global parallel shaft geared motors market faces challenges such as high initial costs, complex installation requirements, and competition from alternative motor technologies. However, continuous advancements in materials, manufacturing processes, and digitalization are expected to address these challenges, making these motors more cost-effective and easier to integrate into various applications. As industries continue to evolve and prioritize efficiency, the demand for parallel shaft geared motors is anticipated to grow, solidifying their role in modern industrial automation and energy-efficient systems.
Global Parallel Shaft Geared Motors Market Recent Developments
-
In February 2023, the parallel shaft geared motors market experienced an increase in demand, with industries focusing on automation and energy efficiency in manufacturing processes .
-
In October 2023, key manuface SEW-Eurodrive introduced new models of parallel shaft geared motors that improve energy efficiency and operational reliability, supporting industries like automotive and food processing .
Segment Analysis
The global parallel shaft geared motors market is segmented by shaft type into hollow shaft, solid shaft, splined hollow shaft, and hollow shaft with shrink disc. Hollow shafts are widely used for their ease of installation and alignment flexibility, making them suitable for conveyor systems and heavy-duty applications. Solid shafts offer higher torque transmission capabilities and durability, making them ideal for industrial machinery. Splined hollow shafts provide enhanced torque transmission and precision, catering to applications requiring minimal backlash. Hollow shafts with shrink discs ensure secure and backlash-free connections, particularly in high-load and precision-driven applications.
By stage, the market is divided into 2-stage, 3-stage, and others. 2-stage geared motors offer a balance between compact design and efficiency, making them suitable for applications requiring moderate torque and speed reduction. 3-stage geared motors provide higher torque output and better load distribution, making them a preferred choice for demanding industrial operations. Other configurations, including multi-stage designs, cater to specialized applications that require precise speed control and enhanced load-handling capabilities.
Material-wise, the market consists of aluminum alloy and cast iron variants. Aluminum alloy geared motors are lightweight, corrosion-resistant, and suitable for applications requiring high efficiency and lower weight, such as food processing and packaging. Cast iron geared motors, on the other hand, offer superior strength, durability, and vibration resistance, making them ideal for heavy-duty industrial applications where robustness and longevity are key considerations.
In terms of application, the market serves industries such as logistics, food & beverages, chemicals, and other applications. The logistics sector relies on parallel shaft geared motors for conveyor belts, automated storage systems, and material handling equipment to ensure smooth and efficient operations. The food & beverage industry benefits from these motors in processing, packaging, and conveyor systems, where hygiene, efficiency, and precision are crucial. The chemical industry uses geared motors for mixing, pumping, and material transport, requiring reliable and explosion-proof designs. Other applications include manufacturing, mining, and power generation, where these motors contribute to optimized mechanical performance.
Geographically, the market is spread across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. North America and Europe dominate the market due to well-established industrial sectors, technological advancements, and high adoption of automation. Asia Pacific is experiencing rapid growth, driven by industrialization, infrastructure development, and increasing demand for energy-efficient machinery. The Middle East & Africa are gradually adopting geared motors, particularly in sectors such as oil & gas, mining, and manufacturing. Latin America is witnessing steady growth, supported by investments in industrial automation and expanding logistics networks.
Global Parallel Shaft Geared Motors Segment Analysis
In this report, the Global Parallel Shaft Geared Motors Market has been segmented by Shaft Type, Stage, Material, Application and Geography.
Global Parallel Shaft Geared Motors Market, Segmentation by Shaft Type
The Global Parallel Shaft Geared Motors Market has been segmented by Shaft Type into Hollow Shaft, Solid Shaft, Splined Hollow Shaft and Hollow Shaft with Shrink Disc.
The Global Parallel Shaft Geared Motors Market is segmented based on Shaft Type into Hollow Shaft, Solid Shaft, Splined Hollow Shaft, and Hollow Shaft with Shrink Disc. Each shaft type serves distinct industrial applications, catering to various operational needs across sectors such as manufacturing, material handling, and heavy machinery. These geared motors are widely used in industries requiring efficient torque transmission, compact designs, and high durability to enhance productivity and reliability in mechanical systems.
The Hollow Shaft segment is one of the most widely used types in parallel shaft geared motors, offering advantages such as easy installation, reduced weight, and better alignment with driven equipment. Hollow shaft motors are commonly used in conveyor systems, packaging machines, and automation systems where flexibility and ease of maintenance are crucial. Their ability to accommodate direct mounting onto the driven shaft eliminates the need for additional couplings, thereby enhancing efficiency and reducing installation costs.
The Solid Shaft segment is preferred in applications requiring higher torque transmission and robust mechanical stability. Solid shafts provide superior strength and durability, making them ideal for heavy-duty applications in industries such as mining, construction, and power generation. These shafts ensure precise power transmission with minimal backlash, improving the overall performance of the machinery. Their rigid structure also enhances longevity and reliability, making them a suitable choice for demanding operational environments.
The Splined Hollow Shaft and Hollow Shaft with Shrink Disc segments cater to specialized applications requiring enhanced torque transmission and secure connections. Splined Hollow Shafts offer better load distribution, reducing wear and tear while improving power transmission efficiency. They are commonly used in applications where high rotational accuracy is essential. Meanwhile, Hollow Shafts with Shrink Discs provide a keyless locking mechanism that ensures a secure and precise fit between the shaft and the driven component. This design minimizes maintenance requirements and enhances system reliability, making it an excellent choice for industries with high-performance and precision-driven applications.
Global Parallel Shaft Geared Motors Market, Segmentation by Stage
The Global Parallel Shaft Geared Motors Market has been segmented by Stage into 2-Stage, 3-Stage and Others.
The Global Parallel Shaft Geared Motors Market is segmented based on the Stage of the gearing system, which determines the motor's torque transmission efficiency, speed reduction capabilities, and overall performance. The primary segmentation includes 2-Stage, 3-Stage, and Others, each catering to different industrial applications depending on the required power output and operational conditions. The number of gear stages influences the torque multiplication and speed control, making it a crucial factor in selecting the right geared motor for specific use cases.
The 2-Stage Parallel Shaft Geared Motors are designed for applications requiring moderate torque and speed reduction. These motors have two sets of gears that help achieve efficient power transmission while maintaining a compact and lightweight structure. They are commonly used in conveyor systems, material handling equipment, and packaging machinery where space constraints and efficiency are key considerations. The 2-stage configuration offers a balance between power output and energy efficiency, making it suitable for industries that need reliable performance with minimal energy loss.
The 3-Stage Parallel Shaft Geared Motors provide higher torque output and greater speed reduction capabilities compared to their 2-stage counterparts. With an additional gear stage, these motors enhance load-bearing capacity and improve efficiency in applications requiring greater power transmission. They are widely used in heavy-duty industrial processes such as mining, cement production, and steel manufacturing, where high torque and durability are essential. The three-stage design ensures smoother operation, reduced mechanical stress, and extended service life, making it a preferred choice for demanding applications.
The Others category includes geared motors with more than three stages or specialized configurations designed for specific industrial needs. These motors are typically employed in highly complex applications that require extreme torque output, precise speed control, or enhanced efficiency. Industries such as renewable energy, robotics, and high-performance automation systems often require customized parallel shaft geared motors with unique gearing arrangements to meet specialized operational requirements. As industries continue to evolve, advancements in geared motor technology are expected to expand this segment, offering more tailored solutions for diverse industrial challenges.
Global Parallel Shaft Geared Motors Market, Segmentation by Material
The Global Parallel Shaft Geared Motors Market has been segmented by Material into Aluminum Alloy, and Cast Iron.
The Global Parallel Shaft Geared Motors Market is segmented by Material into Aluminum Alloy and Cast Iron, each offering distinct advantages depending on industrial requirements. Parallel shaft geared motors are widely used in industries such as manufacturing, food processing, logistics, and heavy machinery, where torque transmission and efficiency are critical. The choice of material plays a crucial role in determining the motor's durability, weight, and suitability for specific operational environments.
The Aluminum Alloy segment is preferred for applications where weight reduction and corrosion resistance are key considerations. Aluminum alloy geared motors are lightweight, making them ideal for industries requiring high efficiency without adding unnecessary bulk to machinery. Additionally, their excellent resistance to corrosion ensures longevity, particularly in environments exposed to moisture or chemicals. These motors are commonly used in food processing, packaging, and material handling industries, where hygiene and efficiency are priorities. The aluminum construction also facilitates better heat dissipation, enhancing motor performance and lifespan.
On the other hand, Cast Iron geared motors are known for their exceptional strength and durability, making them suitable for heavy-duty industrial applications. Cast iron provides superior resistance to mechanical stress, impact, and wear, making it an ideal choice for industries such as mining, construction, and heavy manufacturing. These motors are designed to withstand harsh operating conditions, including high torque demands and extreme temperatures. While cast iron motors tend to be heavier than their aluminum counterparts, their robustness ensures long-term reliability and reduced maintenance costs, which is a significant advantage in demanding industrial environments.
Both material types offer unique benefits, allowing businesses to choose the most suitable geared motor based on their operational needs. While aluminum alloy geared motors cater to industries prioritizing efficiency, weight reduction, and corrosion resistance, cast iron geared motors are better suited for applications requiring durability and high load-bearing capacity. As industries continue to advance and prioritize efficiency, material selection in geared motors will remain a crucial factor in optimizing performance and longevity.
Global Parallel Shaft Geared Motors Market, Segmentation by Application
The Global Parallel Shaft Geared Motors Market has been segmented by Application into Logistics, Food & Beverages, Chemical and Other Applications.
The Global Parallel Shaft Geared Motors Market is segmented by Application into Logistics, Food & Beverages, Chemical, and Other Applications. Each of these sectors relies on parallel shaft geared motors for efficient power transmission, optimized torque, and enhanced operational performance. These motors are widely used in industrial applications requiring high efficiency and durability, making them a crucial component in various manufacturing and processing industries.
In the Logistics sector, parallel shaft geared motors are essential for material handling, conveyor systems, and automated warehouse operations. These motors provide the necessary power to drive belt conveyors, roller conveyors, and lifting mechanisms, ensuring smooth and efficient movement of goods within warehouses and distribution centers. With the increasing demand for automation in logistics, especially in e-commerce and supply chain operations, the need for reliable geared motors has surged, contributing to market growth.
The Food & Beverages industry also heavily depends on parallel shaft geared motors for various processing and packaging applications. These motors are used in mixers, grinders, conveyor belts, and bottling machines, where precision, hygiene, and energy efficiency are critical. Given the stringent hygiene standards in the food industry, geared motors designed for food processing are often built with corrosion-resistant materials and comply with industry regulations. The rising global demand for packaged food and beverages has further propelled the adoption of high-performance geared motors in this sector.
In the Chemical industry, parallel shaft geared motors are used in agitators, mixers, and pumping systems that require precise speed control and high torque. These motors play a key role in chemical processing plants, ensuring continuous and efficient operations while handling hazardous and high-temperature materials. The Other Applications category includes industries such as mining, water treatment, and construction, where these motors are used in crushers, pumps, and heavy-duty conveyor systems. As industrial automation continues to advance, the demand for durable and high-efficiency geared motors is expected to grow across multiple sectors, driving the overall market expansion.
Global Parallel Shaft Geared Motors Market, Segmentation by Geography
In this report, the Global Parallel Shaft Geared Motors Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Parallel Shaft Geared Motors Market Share (%), by Geographical Region, 2024
The Asia-Pacific region dominates the global parallel shaft geared motors market, driven by rapid industrialization, urbanization, and infrastructure development. Countries like China, India, and Japan are witnessing increasing demand for automation in industries such as manufacturing, automotive, and material handling, which require efficient power transmission systems. Additionally, government initiatives promoting energy efficiency and the adoption of advanced machinery are further fueling market growth. The presence of leading manufacturers and a well-established supply chain also contribute to the region's strong market position.
In Europe, the parallel shaft geared motors market benefits from a well-developed industrial sector and stringent energy efficiency regulations. Germany, France, and Italy are key contributors, with a strong focus on automation in industries like packaging, food processing, and logistics. The increasing adoption of Industry 4.0 and smart manufacturing technologies is driving demand for high-performance geared motors. Moreover, European manufacturers are investing in research and development to enhance motor efficiency and durability, which strengthens the market's competitive landscape.
North America holds a significant share in the market, supported by technological advancements and the presence of major players in industrial automation. The United States and Canada are experiencing growing demand for geared motors in sectors such as oil & gas, mining, and renewable energy. The region’s emphasis on sustainability and energy conservation is also driving the replacement of conventional motors with more efficient alternatives. Additionally, the increasing use of robotics and automated systems in manufacturing facilities is contributing to market expansion.
The Middle East & Africa (MEA) and Latin America markets are experiencing steady growth, primarily driven by the expansion of infrastructure, mining, and energy sectors. Countries such as Brazil, Mexico, Saudi Arabia, and South Africa are investing in industrial modernization, which is creating demand for reliable and durable geared motors. While these regions face challenges such as economic fluctuations and regulatory barriers, increasing foreign investments and government initiatives aimed at industrial development are expected to support market growth in the coming years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Parallel Shaft Geared Motors Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing demand for automation and industrial efficiency
- Expansion of manufacturing and material handling industries
-
Rising investments in renewable energy and infrastructure- The Global Parallel Shaft Geared Motors Market is experiencing significant growth due to rising investments in renewable energy and infrastructure projects. Governments and private entities worldwide are increasing their focus on renewable energy sources such as wind, solar, and hydropower to reduce carbon emissions and achieve sustainability goals. Parallel shaft geared motors play a crucial role in these applications, particularly in wind turbines, conveyor systems for solar panel installations, and hydroelectric power plants, where efficient power transmission and torque control are essential. The demand for these motors is rising as energy projects expand, ensuring a steady market growth trajectory.
Infrastructure development, particularly in emerging economies, is another major factor driving demand for parallel shaft geared motors. Large-scale projects, including smart cities, industrial automation, transportation networks, and wastewater treatment plants, require robust and energy-efficient motor solutions. These motors are widely used in conveyor systems, material handling equipment, and automated machinery, which are integral to infrastructure projects. As governments and private investors pour funds into improving urban infrastructure and industrial facilities, the demand for durable and high-performance geared motors is expected to rise.
Renewable energy projects require highly efficient and reliable power transmission systems, making parallel shaft geared motors an ideal choice. In wind energy applications, these motors help optimize the movement of turbine blades and control mechanical operations, ensuring maximum energy output. Similarly, solar energy plants rely on geared motors for automated tracking systems that enhance panel efficiency. The increasing investments in these sectors are accelerating the adoption of geared motors, driving innovation in motor design, and improving efficiency, durability, and sustainability.
The overall growth of the Global Parallel Shaft Geared Motors Market is being fueled by the rising need for energy-efficient solutions in renewable energy and infrastructure projects. As industries move toward sustainable practices and governments implement stricter regulations on energy consumption, the demand for high-performance geared motors will continue to expand. With ongoing technological advancements and increased funding for renewable and infrastructure developments, the market is poised for sustained growth in the coming years.
Restraints:
- High initial costs and maintenance expenses
- Availability of alternative drive technologies
-
Skilled labor shortages in industrial sectors- One of the major restraints in the Global Parallel Shaft Geared Motors Market is the shortage of skilled labor in industrial sectors. Parallel shaft geared motors are widely used in industries such as manufacturing, material handling, automotive, and food processing, where precision, efficiency, and maintenance expertise are critical. However, the availability of skilled workers who can install, operate, and maintain these motors has been declining. This shortage poses a significant challenge for companies that rely on these motors for seamless operations, as inadequate workforce expertise can lead to inefficiencies, downtime, and increased operational costs.
The aging workforce and lack of technical training programs are key contributors to this labor shortage. Many experienced professionals in industrial sectors are retiring, and there is a gap in the number of younger workers entering the field with the necessary skills. Additionally, vocational and technical training programs are often insufficient or outdated, failing to equip new workers with expertise in handling advanced motor systems. As a result, companies struggle to find qualified personnel to operate and maintain parallel shaft geared motors, impacting production efficiency and increasing the risk of machinery failures due to improper handling.
Another factor exacerbating the skilled labor shortage is the rising automation trend in industrial sectors. While automation reduces dependency on manual labor, it also demands a workforce proficient in programming, troubleshooting, and integrating automated systems with geared motors. Many industrial workers lack the necessary technical skills to work with modern, digitally connected motor systems, further widening the talent gap. Companies must invest heavily in workforce training and upskilling programs to ensure that their employees can effectively manage and maintain these critical motor systems, adding to operational costs.
Addressing the skilled labor shortage requires collaborative efforts from industries, governments, and educational institutions. Companies in the parallel shaft geared motors market need to develop strong partnerships with technical schools and universities to create specialized training programs. Additionally, governments can support workforce development initiatives by promoting apprenticeship programs and offering incentives for industrial skill development. Until these measures are widely adopted, the labor shortage will continue to hinder the market’s growth by increasing maintenance challenges, operational inefficiencies, and production delays.
Opportunities:
- Technological advancements in geared motor designs
- Increasing adoption in emerging markets
-
Growth in renewable energy and sustainable manufacturing sectors- The growth in renewable energy and sustainable manufacturing sectors presents a significant opportunity for the Global Parallel Shaft Geared Motors Market. As industries shift toward cleaner energy sources such as wind, solar, and hydroelectric power, there is an increasing demand for efficient mechanical power transmission solutions. Parallel shaft geared motors, known for their high torque, energy efficiency, and durability, are widely used in renewable energy applications, including conveyor systems in solar panel production and wind turbine mechanisms. This growing adoption is expected to drive market expansion as industries seek more reliable and sustainable motion control solutions.
Sustainable manufacturing is another key driver, as industries worldwide focus on reducing carbon footprints and optimizing energy efficiency in production processes. Many manufacturing facilities are investing in eco-friendly automation and energy-efficient machinery to comply with global sustainability standards, such as ISO 50001 for energy management. Parallel shaft geared motors, with their high efficiency and low energy consumption, are becoming essential components in modern production lines, robotic systems, and material handling applications. As manufacturers prioritize operational efficiency and sustainability, the demand for advanced geared motors is expected to rise.
Technological advancements in smart motor systems and industrial automation are further enhancing opportunities in this market. The integration of IoT, AI-driven predictive maintenance, and variable frequency drives (VFDs) allows for improved energy management and reduced downtime in renewable energy and manufacturing sectors. Parallel shaft geared motors, when combined with digital monitoring and automation solutions, offer industries a cost-effective and sustainable approach to optimizing production efficiency. This trend is encouraging market players to develop next-generation geared motors with enhanced performance and energy-saving capabilities.
Government incentives and corporate ESG (Environmental, Social, and Governance) commitments are driving investments in green technologies, leading to increased adoption of efficient industrial motors. Countries worldwide are implementing policies that promote sustainable industrial growth, such as tax credits for renewable energy projects and energy-efficient manufacturing initiatives. These factors are pushing industries to modernize their machinery with low-carbon, high-efficiency geared motors, creating long-term growth opportunities for market players. As industries continue their transition toward sustainability, the parallel shaft geared motors market is poised for significant expansion in the coming years.
Competitive Landscape Analysis
Key players in Global Parallel Shaft Geared Motors Market include:
- Siemens
- SEW-Eurodrive
- Nord
- Bosch Rexroth
- Emerson
- ABB
- Sumitomo Heavy Industries
- Bonfiglioli
- Rexnord
- WEG
- TECO
- Watt Drive Antriebstechnik GmbH
- Bauer Gear Motor
- STOBER
- ZAE AntriebsSysteme
- JiangSu Tai Xing Long Reducer
- Zhejiang Tongli Heavy Gear
- Jiangsu Haoke
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Shaft Type
- Market Snapshot, By Stage
- Market Snapshot, By Material
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Parallel Shaft Geared Motors Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing demand for automation and industrial efficiency
- Expansion of manufacturing and material handling industries
- Rising investments in renewable energy and infrastructure
- Restraints
- High initial costs and maintenance expenses
- Availability of alternative drive technologies
- Skilled labor shortages in industrial sectors
- Opportunities
- Technological advancements in geared motor designs
- Increasing adoption in emerging markets
- Growth in renewable energy and sustainable manufacturing sectors
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Parallel Shaft Geared Motors Market, By Shaft Type, 2021 - 2031 (USD Million)
- Hollow Shaft
- Solid Shaft
- Splined Hollow Shaft
- Hollow Shaft with Shrink Disc
- Global Parallel Shaft Geared Motors Market, By Stage, 2021 - 2031 (USD Million)
- 2-Stage
- 3-Stage
- Others
- Global Parallel Shaft Geared Motors Market, By Material, 2021 - 2031 (USD Million)
- Aluminum Alloy
- Cast Iron
- Global Parallel Shaft Geared Motors Market, By Application, 2021 - 2031 (USD Million)
- Logistics
- Food & Beverages
- Chemical
- Other Applications
- Global Parallel Shaft Geared Motors Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Parallel Shaft Geared Motors Market, By Shaft Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Siemens
- SEW-Eurodrive
- Nord
- Bosch Rexroth
- Emerson
- ABB
- Sumitomo Heavy Industries
- Bonfiglioli
- Rexnord
- WEG
- TECO
- Watt Drive Antriebstechnik GmbH
- Bauer Gear Motor
- STOBER
- ZAE AntriebsSysteme
- JiangSu Tai Xing Long Reducer
- Zhejiang Tongli Heavy Gear
- Jiangsu Haoke
- Company Profiles
- Analyst Views
- Future Outlook of the Market