Technological advancements have bought more cost-effectiveness achieved through modular designing and flexible usage.
Amit Deokule General Manager Sales and Marketing, Nord Drivesystems What is the market outlook (demand/ supply) for geared motors drive industry? The global geared motors market by revenue is expected to grow
– Amit Deokule
General Manager – Sales and Marketing, Nord Drivesystems
What is the market outlook (demand/ supply) for geared motors drive industry?
The global geared motors market by revenue is expected to grow at a CAGR of approx. 5% during the period 2021-2026. In 2020, the demand for geared motors has been adversely affected on account of the Covid-19 outbreak. 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.
With the demand picking up in the construction and mining equipment, what are your plans to meet the demand for geared motors?
We are all set to cater the demands. Quick responses, Strong Technical Solutions and Support would be the key here.
Could you brief us on the technological advancements in the geared motor drive segment?
Technological advancements have bought more cost-effectiveness achieved through modular designing & 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!
“The patented new DuoDrive geared motor has an efficiency of up to 92% and is thus one of the most efficient geared motors in its power class. This was achieved by integrating our IE5+ synchronous motor into a single-stage helical gear unit – a completely new approach in geared motor design. With our IE5+ synchronous motor, we have already been able to significantly reduce losses compared to the current IE4 series. DuoDrive goes one step further and sets new standards with regard to power density, installation space and version reduction. Our new high-efficiency portfolio is supplemented by the decentralised NORDAC ON frequency inverter. With its integrated Ethernet interface and its very compact design, it provides a highly economic plug-and-play solution for IoT environments,” says Jutta Humbert and Ullrich Küchenmeister, Managing partners GETRIEBEBAU NORD GmbH & Co.KG
Can you explain us the details of your reach in terms of distribution network, and which markets are you targeting in the long run?
We have a strong dealer network across the India & SAARC Countries including 25+ authorized dealers and 10 branch offices spread strategically across PAN India. Our reach both for sales & service is covering entire country India and neighboring countries too. Present growth drivers are Automation, Infrastructure, Industry 4.0, Logistics, Post & Parcel sector also construction & material handling is reviving.
Please share how your company plans to tread this year in terms of investments and product expansion?
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.
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