Indonesia gear motors market is expected to grow at a significant rate in the forecast period. Rising concerns about the adverse effects of harmful emissions from the conventional energy sources of energy and the increase in the adoption of non-conventional sources of energy are expected to drive the gear motors market growth in the next five years. An increase in the number of installations of the wind energy procuring plants and the surge in the energy requirements is influencing the gear motors market growth. Advantages of using gear motors to ensure efficient power transmission as they are cost-effective, and compact are expected to fuel the gear motors market growth. Improving economic conditions is enabling the leading authorities to fuel the infrastructural developments to enhance the comfort and convenience of its residents. The agriculture industry is on the major industry in Indonesia and uses the gear motor for different applications such as seed spreading, harvesting, weed control, and irrigation. The growing demand for wooden products and the use of gear motors used for producing lumber is expected to foster the gear motors market growth in the next five years.
Indonesia Gear Motors Market can be segregated based on type, product type, rated power, torque, end use industry, regional distribution, and company. Based on the type, the market can be divided into helical gear motors, helical-bevel gear motors, worm, planetary, and others. The helical gear motors type segment is expected to account for a major market share in the forecast period, 2023-2027. They can transfer power and motion both among the straight-angle and parallel axes. Less wear is produced as the load is distributed among several axes and they last longer than their counterparts. Helical gear motors are considered for high-load applications as they have higher teeth in contact.
The major players operating in the Indonesia gear motors market are Eaton Corporation PLC, Siemens Indonesia, Baldor Electric Company, Johnson Electric Holdings Limited, Bonfiglioli Riduttori S.P.A., PT Sumitomo Heavy Industries Indonesia, Stober Drives Inc., PT Emerson Indonesia, PT Nord Drive Systems, PT Asano Gear Indonesia,
Objective of the Study
- To
analyze and forecast the market size of Indonesia gear motors market.
- To
classify and forecast Indonesia gear motors market based on type, product
type, rated power, torque, end use industry, regional distribution, and
country.
- To
identify drivers and challenges for Indonesia gear motors market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Indonesia gear motors market.
- To
identify and analyze the profile of leading players operating in the Indonesia
gear motors market
- To identify key sustainable strategies
adopted by market players in Indonesia gear motors market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analysed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
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
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Product Type
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Rated Power
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Torque
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End Use Industry
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Regional scope
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Java; Sumatra; Kalimantan; Sulawesi; Others
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Key companies profiled
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Eaton Corporation PLC, Siemens Indonesia,
Baldor Electric Company, Johnson Electric Holdings Limited, Bonfiglioli
Riduttori S.P.A., PT Sumitomo Heavy Industries Indonesia, Stober Drives Inc.,
PT Emerson Indonesia, PT Nord Drive Systems, PT Asano Gear Indonesia.
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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)
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