Report overview
A worm reducer is one type of reduction gear box which consists of a worm pinion input, an output worm gear, and features a right angle output orientation. This type of reduction gear box is generally used to take a rated motor speed and produce a low speed output with higher torque value based on the reduction ratio. They often can solve space-saving problems because the worm reducers is one of the sleekest reduction gearboxes available due to the small diameter of its output gear.
This report aims to provide a comprehensive presentation of the global market for Worm Reducer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Worm Reducer. This report contains market size and forecasts of Worm Reducer in global, including the following market information:
Global Worm Reducer Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Worm Reducer Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Worm Reducer companies in 2022 (%)
The global Worm Reducer market was valued at US$ 851.3 million in 2022 and is projected to reach US$ 1188.3 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Worm Reducers market is less concentrated market; key players include Motovario, NORD, Bonfiglioli, Siemens, Nidec-Shimpo, Tsubakimoto Chain, Boston Gear, Sankyo Seisakusho, Fixed Star Group, Makishinko, STM, Elecon, IPTS and so on the revenue of top ten manufacturers accounts about 25.77% of the total revenue in 2018. The Worm Reducers is classified into the drum shaped worm type and cylindrical worm type according to the worm type. As of 2018, cylindrical worm type segment dominates the market contributing more than 64.15% of the total market share. Worm Reducers are major applied in Automotive & Transportation, Food Industry, Construction Industry, Industrial Equipment, etc., in 2018, demand for Construction Industry occupied the largest market, with 32.92% market share.
We surveyed the Worm Reducer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Worm Reducer Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Worm Reducer Market Segment Percentages, by Type, 2022 (%)
Drum Shaped Worm Type
Cylindrical Worm Type
Global Worm Reducer Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Worm Reducer Market Segment Percentages, by Application, 2022 (%)
Automotive & Transportation
Food Industry
Construction Industry
Industrial Equipment
Other
Global Worm Reducer Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Worm Reducer Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Worm Reducer revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Worm Reducer revenues share in global market, 2022 (%)
Key companies Worm Reducer sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Worm Reducer sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Motovario
NORD
Bonfiglioli
Siemens
Nidec-Shimpo
Tsubakimoto Chain
Boston Gear
Sankyo Seisakusho
Fixed Star Group
Makishinko
STM
Elecon
IPTS
Kumera Corporation
SITI
Kahlig Antriebstechnik
Hangzhou Xingda Machinery
JVL
YUK
Outline of Major Chapters:
Chapter 1: Introduces the definition of Worm Reducer, market overview.
Chapter 2: Global Worm Reducer market size in revenue and volume.
Chapter 3: Detailed analysis of Worm Reducer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Worm Reducer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Worm Reducer capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
