LONDON--(BUSINESS WIRE)--Technavio has announced its newest market research report on the global industrial gear motors and drives market for the period 2018-2022, providing the latest cutting-edge insights on this popular market.
Technavio’s updated research report on the industrial gear motors and drives market will provide an in-depth study of the current state of the focus market. The report will cover the critical drivers and limitations that will affect the market and provide a quantitative and qualitative classification of their projected impact on the market’s future growth prospects. In addition, this market research report on the industrial gear motors and drives market will also highlight the changing demand-supply dynamics and the developments in the industrial automation industry.
The updated research report on the global industrial gear motors and drives market is an integral part of Technavio’s automation portfolio. Technavio covers an extensive range of market research reports on automation, analyzing different regions and top industry segments. Some of the topics covered include industrial automation control, building automation and control systems, DC motors, and industrial motor busbars.
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Industrial gear motors and drives: market opportunity analysis
Industrial gear motors and drives are power transmission components, which helps in reducing the complexity and cost of designing and constructing power tools, machines, and appliances that require high torque at relatively low shaft speed. They can be classified into two product segments: standard geared products and precision geared products.
In the previous report, a senior research analyst at Technavio stated, “The need to improve productivity is considered a major factor that is driving the market. The rise in construction activities is a key trend that is anticipated to impact the growth of the market.”
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Topics covered in the previous report include the following:
- Material handling industry
- Food and beverages industry
- Wind power industry
- Chemicals, oil, and gas industry
- Pulp and paper industry
- Market drivers
- Market challenges
- Market trends
- Competitive landscape
- And more
Using its previous analysis as a starting point, Technavio’s new report will re-evaluate the market with an eye for new developments in the field of industrial gear motors and drives, as well as external factors and new competitors. The automation sector evolves swiftly, and so does Technavio.
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