The global slewing drives market attained a value of USD 2 billion in 2019. The slewing drives market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 4.5% to reach USD 2.7 billion by 2025. The slewing drives market is expected to be driven by the rising construction sector and a growing adoption of solar-powered energy alternatives. The Asia Pacific is a key market in the industry due to the rising construction industry and growing industrialisation within the region. The single axis slewing drives dominated the regional market in 2019.
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Properties and Applications
The slewing drive refers to a gearbox that transmits a torque required for rotation while keeping the axial and radial loads held safely.
Based on its axis types, the slewing drives market can be segmented into:
By gear, the industry can be bifurcated into:
The slewing drives market can be broadly categorised on the basis of its applications segments into:
The major distribution channels of the industry can be broadly bifurcated into online and offline channels.
The EMR report looks into the regional slewing drives markets like the Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa.
With the growing infrastructural development taking place across the world, the machinery involved in the construction sector has entered a new maintenance cycle, which is expected to drive the growth of the slewing drives market due to a growing demand for load transmission components in construction machineries. The rising number of facilities in the manufacturing sector, especially in the automation and energy segment, is expected to further drive the growth of the market due to a growing demand for high precision customisation that can be delivered by high-quality slewing drives. Major players in the industry are focussing on creating low-maintenance slewing drives to decrease the labour costs in the application and end-use sectors. The rising R&D activities for new slewing drives materials are expected to propel the market growth in the coming years further. With a growing shift towards sustainable and renewable energy, the market is expected to be driven by the rising application of the product in solar tracking systems.
The report presents a detailed analysis of the following key players in the global slewing drives market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the slewing drives market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Slewing Drives Market Analysis
6.1 Global Slewing Drives Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Slewing Drives Market Breakup by Axis Type
6.2.1 Single Axis
6.2.2 Dual Axis
6.2.3 Multiple Axis
6.3 Global Slewing Drives Market Breakup by Axis Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Single Axis
6.3.2 Dual Axis
6.3.3 Multiple Axis
6.4 Global Slewing Drives Market Breakup by Gear
6.4.1 Worm Gear
6.4.2 Spur Gear
6.5 Global Slewing Drives Market Breakup by Gear: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Worm Gear
6.5.2 Spur Gear
6.6 Global Slewing Drives Market Breakup by Application
6.6.1 Solar Tracker
6.6.2 Man Lifts
6.6.3 Wind Turbines
6.6.4 Hydraulic Machinery
6.6.6 Drilling Equipment
6.7 Global Slewing Drives Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.8 Global Slewing Drives Market Breakup by Distribution Channel
6.9 Global Slewing Drives Market Breakup by Distribution Channel: Historical Market (2015-2019) & Forecast (2020-2025)
6.10 Global Slewing Drives Market Breakup by Region
6.10.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
6.10.3 Asia Pacific
6.10.4 Latin America
6.10.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
6.11 Global Slewing Drives Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.11.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
6.11.3 Asia Pacific
6.11.4 Latin America
6.11.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 EMR’s Key Indicators for Demand
10 EMR’s Key Indicators for Price
11 Regional Price Analysis
11.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
11.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
11.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
11.4 Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
11.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
12 Competitive Landscape & Supplier Analysis
12.1 Cone Drive Operations, Inc.
12.1.1 Company Overview
12.1.2 Financial Analysis
12.2 Dana SAC USA
12.2.1 Company Overview
12.2.2 Financial Analysis
12.3 Young Powertech Inc.
12.3.1 Company Overview
12.3.2 Financial Analysis
12.4 IMO Group
12.4.1 Company Overview
12.4.2 Financial Analysis
12.5 Cleveland Gear Company
12.5.1 Company Overview
12.5.2 Financial Analysis
12.6 Kavitsu Bearings
12.6.1 Company Overview
12.6.2 Financial Analysis
12.7 TGB Group Technologies, SL
12.7.1 Company Overview
12.7.2 Financial Analysis
13 Events and Developments
Additional Customization Available:
14 Procurement Strategy
14.1 Value Chain Analysis
14.2 Contract Terms
14.3 Buying and Sourcing Trends
14.4 Storage and Warehousing
14.5 Certifications and Regulations
14.6 Risk Factors
15 Trade Data Analysis
15.1 Major Exporting Countries: By Value and Volume
15.2 Major Importing Countries: By Value and Volume
16 Manufacturing Process
16.1 Detailed Process Flow
16.2 Operations Involved
16.3 Mass Balance
17 Cost Analysis
17.1 Land, Location and Site Development
17.3 Plant Machinery
17.4 Cost of Raw Material
17.9 Other Capital Investment
18 Production Cost Analysis
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