DRIVING iNNOVATION

Road construction machinery is the major end-user, which is expected to drive the geared motors demand.

A Geared Motor is an electric motor with variable output speeds secured by attached combinations of gears. Gear Motors are motive force systems consisting of an electric motor and reduction gear train integrated into one easy to mount and configure package. Gear Motors can help in reducing the complexity, cost of designing, construction of power tools, machines, and appliances calling for high torque at relatively low shaft speed or RPM.

A gearbox has three main functions: to increase torque from the driving equipment (motor) to the driven equipment, to reduce the speed generated by the motor, and/or to change the direction of the rotating shafts. The connection of this equipment to the gearbox can be accomplished using couplings, belts, chains, or hollow shaft connections.

Speed and torque are inversely and proportionately related when power is held constant. Therefore, as speed decreases, torque increases at the same ratio.

The heart of a gear drive is the gears within it. Gears operate in pairs, engaging one another to transmit power.

Capable to handle high-pressure loads and long-lasting performance are increasing the application of helical gearboxes. In 2020, helical geared motors held the highest market share as they last longer than others. They are projected to dominate the market.

Road construction machinery is the major end-user, which is expected to drive the geared motors demand. However, easy handling along with high torque, low maintenance, and power consumption are likely to contribute to the growth of power transmission gears.

High trust levels and traceability are the major factors responsible for direct geared motor sales. The increasing demand for interconnectedness between consumers and businesses for reliability across the globe is also boosting the direct selling of geared motors. Reduced expenditure and deep market penetration are other factors driving the sale via direct channels. India and China are expected to witness the highest growth in direct sales owing to rapidly growing industrialization.

Demand…

In 2020, the demand for geared motors has been adversely affected on account of the COVID-19 outbreak. However, the impact level varies in intensity and scale as the industry is characterized by a high degree of end-user variability. The automotive industry is expected to make a significant contribution to the global geared motors market share. However, due to lockdowns and restrictions, car sales are likely to be unpredictable. In H1 2020, the supply chain was disrupted and a realignment of contracts in the auto industry is expected. Suppliers of geared motors to the automotive industry are expected to confront heightened liquidity concerns.

Gear Motors have gained more market share in recent years due to their cost effectiveness which is achieved through modular design and flexible usage. Gear Motors are highly economical in various industries such as industrial, mechanical, and other types of transmission industries. The extensive applications of gear motors are segmented into planetary gearboxes geared motors, worm gearboxes geared motors, helical gearboxes geared motors.

The market of Gear Motors is also classified as end-use gear industry and gearbox mounting type. Among these gearboxes, the helical gearbox is expected to hold a large market share as it has a wide range of applications. The helical gearbox is used in several end-user industries including material handling and construction equipment industry.

However, the market may be hindered by the lack of awareness about technological innovations about the use of gear motors for agricultural purposes. This, coupled with the high price of manufacturing, may act as barriers in the growth of the global Gear Motors Market in the future.

A market for Geared Drives

A growing demand for machines that cost less to operate, together with regulatory pressures for lower emissions, are leading construction-equipment manufacturers to electric and hybrid drives over traditional hydraulic and mechanical ones.

Hybrid drives typically let OEMs use smaller diesel engines and operate them at speeds where they are most efficient and run cleanest. And the drives can recover and reuse energy that was previously wasted as heat — which means smaller cooling systems.

But the eye-popping advantage is lower fuel consumption over machines with more-conventional powertrains — which saves money and lessens environmental impact. And hybrid machines can offer productivity gains and often require less maintenance.

Flexibility is another market driver. As consumer demand for more individualized products and different packaging or product orientations increases, so does the need for increasing machine flexibility and functionality. This is pushing the development and subsequently market power of geared motors and solo gearboxes. There is increased demand, for instance, for decentralized geared motors with built-in drives which are suited to limited space in control cabinets.

Advancement in technology…

Technological advancements have bought more cost-effectiveness achieved through modular designing and flexible usage. Nord has developed innovative drive solutions for more than 100 branches of industry. In the first quarter of 2021 we have launched truly revolutionary DuoDrive geared motor. This herald a new era of drive technology!

Amit Deokule, GM – Sales and Marketing, Nord Drivesystems, says, “Nord India first goal is to sustain the pre-covid level business of achieving 200 crores and grow from there, we have identified the gaps during this covid period few takeaways and learnings which will be addressed prima facie and draw plans further. Also, our localization which we started about 8 years ago will be enhanced in lines of Athmanirbhar. More focus into Electronic products and Industry 4.0 applications. We have ready products for automation sector and see a growth here. The market is likely to grow with the growth in industrial production, increase in urbanization and expansion of industries, enhancement in technological advancement, and favorable trade opportunities in developing countries.”

Hits: 130