Drum Motor Market Overview
Maximize Market Research, a leading Business Consultancy Firm, has released an in-depth analysis of the “Drum Motor Market.” The report provides crucial business insights, including demand analysis, pricing strategies, and a detailed competitive landscape. It presents a thorough examination of the current status of the Drum Motor market, with projections extending into the year.
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Market Growth Estimate:
The Global Drum Motor Market Size was valued at USD 2073.80 Mn in 2023 and is expected to reach USD 2739.23 Mn by 2030, at a CAGR of 4.06%.
Drum Motor Market Scope and Methodology:
The Drum Motor market report offers extensive information on key factors anticipated to drive industry growth as well as upcoming challenges. This research provides stakeholders with a detailed understanding of the competitive environment, notable product offerings by major companies, and potential investment opportunities within the Drum Motor industry. The analysis covers both qualitative and quantitative aspects of the sector, incorporating a comprehensive evaluation of regional markets for the Drum Motor Market.
The dynamics of the drum motor market, including the main drivers, opportunities, and restraints
Increasing Industry Automation to Lead the Market
The increasing use of automation across industries is a major factor propelling market expansion. Drum motors are widely utilized in material handling systems, such conveyors, for the purpose of moving products, parcels, or raw materials in airports, warehouses, distribution centers, and manufacturing sites. These days, drum motors are used in weighing apparatus, supermarket check stands, food processing conveyors, airport check-in conveyors, and security machines. The retail and e-commerce industries, as well as conveyor systems used in these applications, are anticipated to propel the drum motor market. But in the early 1950s, a novel drive for belt conveyor applications—the drum motor belt drive—entered the conveyor business.
Drum Motor Market Segmentation
The report provides a detailed segmentation of the Drum Motor Market, highlighting key segments and sub-segments to offer a nuanced understanding of market.
by Motor Power Range
Asynchronous Motors
Synchronous Motors
DC motors
by Power Range
Low power (up to 0.5 kW)
Medium power (0.5 kW to 2.5 kW)
High power (above 2.5 kW)
by Current Type
AC Current
DC Current
by Application
Conveying Systems
Packaging and Sorting
Bottle recycling
X-ray, security scanning system
Pharmaceutical handling system
by End-user industry
Food Processing
Manufacturing
Logistics and Warehousing
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Drum Motor Market Regional Insights
This report includes a detailed analysis of all relevant parameters such as market size, growth rate, and import/export dynamics by region. The geographical study facilitates an understanding of the Drum Motor market conditions across various nations. The market encompasses regions including Europe, Asia Pacific, Latin America, Africa, and the Middle East, offering a global perspective on market trends and dynamics.
Drum Motor Market Key Players
1. BEGE Power Transmission
2. Boneng Transmission
3. Broekema Beltway USA Inc.
4. Chiorino Group
5. CURRAX
6. Damon Industry
7. Deutronic Elektronik GmbH
8. Hilmot Corporation
9. ID MOTEUR
10. Interroll Group
11. JJ Loughran
12. Melco Conveyor Equipment
13. NUOVA OMEC
14. Nuova Omec Unipersonale srl
15. Regina Catene Calibrate S.p.A.
16. Rulli Rulmeca S.p.A
17. Rulmeca Group
18. SEW-Eurodrive GmbH & Co. KG
19. SIREM
20. Sparks Belting Company
21. TSUBAKIMOTO CHAIN CO.
22. Van der Graaf
23. Van Gorp Corporation
Table of content for the Drum Motor Market includes:
Part 01: Executive Summary
Part 02: Scope of the Drum Motor Market Report
Part 03: Drum Motor Market Landscape
Part 04: Drum Motor Market Sizing
Part 05: Drum Motor Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Drum Motor Market are:
- What is Drum Motor?
- What was the Drum Motor market size in 2023?
- What is the growth rate of the Drum Motor Market?
- Which are the factors expected to drive the Drum Motor market growth?
- What is the CAGR at which the Drum Motor market will grow during the forecast period?
- What are the different segments of the Drum Motor Market?
- Which is the fastest growing region in the Drum Motor market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
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