How Big Is the Gear Motor Market | Forecast & Trends 2031

Q: How big is the gear motor market?

The gear motor market was estimated at USD 9.5 billion in 2024 and is projected to reach USD 15.6 billion by 2031.

Q: What factors are driving the gear motor market?

Main drivers include automation growth, EV adoption, and industrial energy efficiency requirements.

Q: Who are the top companies in the gear motor market?

Major players include Siemens, ABB, SEW-Eurodrive, Bonfiglioli, and Nord Drivesystems.

Q: What are some recent trends in the market?

Trends include IoT-enabled motors, sustainable materials, compact designs, and smart predictive maintenance features.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6119

Publication Date: Jul 2025

What is the size of the Gear Motor Market?

According to 6Wresearch internal database and industry insights, the Global Gear Motor Market was estimated at USD 9.7 Billion in 2024 and is expected to reach USD 14.33 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

Due to increasing industrialization, miniaturization and efficiency, arising automation in manufacturing, increasing demand in electric vehicles, and expansion of industrial applications, the Gear Motor Market is predicted for the strong growth in the coming years.

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Key Growth Drivers of the Gear Motor Market

Growing adoption of industrial automation and robotics
Increasing demand from automotive, food processing, and packaging sectors
Rise in energy-efficient gear motor solutions
Expanding infrastructure and construction activities globally
Technological advancements in motor control and gear design

Gear Motor Market Trends

Gear Motor Market is growing with notable trends such as compact and lightweight gear motors are gaining traction in mobile machinery. Another trend is the shift of manufacturers to high-efficiency, low-noise gear systems. Also, the market is integrated with smart sensors and IoT-enabled monitoring which is enhancing predictive maintenance and performance optimization in industrial use.

Emerging Developments in the Gear Motor Market

Gear motor market is seeing developments over the years as the market is integrated drives and modular assemblies which are being developed. Also, customizable motor configurations are rising in demand. Further, the focus of manufactures is increasing on eco-friendly materials and recyclable components, aligning with sustainability goals in industrial engineering. All these trends are enhancing the presence of the market.