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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 906.72 Million

CAGR (2026-2031)

15.49%

Fastest Growing Segment

Automotive & Transportation

Largest Market

North America

Market Size (2031)

USD 2151.49 Million

Market Overview

The Global Parallel Shaft Geared Motors Market will grow from USD 906.72 Million in 2025 to USD 2151.49 Million by 2031 at a 15.49% CAGR. Parallel shaft geared motors are electromechanical drive systems featuring an output shaft positioned parallel to the motor axis, typically utilizing helical gearing to deliver high torque and efficiency within a compact design. The primary drivers supporting market growth include the escalating demand for automated material handling solutions in the logistics and e-commerce sectors, alongside stringent government mandates for energy-efficient industrial components that necessitate the replacement of older drive units.

However, the market faces a significant challenge arising from global economic volatility and geopolitical tensions, which have dampened demand in key manufacturing regions. This instability directly impacts the procurement of capital goods, including transmission components. According to VDMA, in 2024, German machinery exports to China declined by 4.5%, reflecting a broader cooling of industrial activity that could impede the expansion of the geared motor sector. These regional downturns present a substantial obstacle to sustained global market growth.

Key Market Drivers

The rising adoption of industrial automation and smart manufacturing is a primary catalyst for the Global Parallel Shaft Geared Motors Market. As factories transition toward fully autonomous workflows, there is an intensified requirement for precise, high-torque actuation systems that can integrate seamlessly into compact robotic cells and automated assembly lines. Parallel shaft variants are particularly valued in these environments for their slim profile, which allows for closer machine spacing and a reduced footprint compared to inline alternatives. This operational shift is evidenced by the continued investment in robotic density; according to the International Federation of Robotics, September 2025, in the 'World Robotics 2025' report, the global manufacturing sector recorded 542,000 new industrial robot installations in 2024. These installations directly fuel the demand for auxiliary motion control components, including geared motors, to power reliable material flow between automated stations.

Simultaneously, the market is being propelled by the rapid expansion of the e-commerce and material handling sectors, which rely heavily on extensive conveyor networks. Parallel shaft geared motors are the preferred drive mechanism for belt and roller conveyors due to their hollow-shaft capability, allowing for direct mounting onto conveyor axles to eliminate bulky couplings. This demand is correlated with the surge in logistics throughput; according to Pitney Bowes, June 2025, in the 'Parcel Shipping Index', U.S. parcel volume alone reached 22.4 billion shipments in 2024, necessitating robust automated sorting hubs. The scale of this infrastructure buildup is further highlighted by the machinery sector's output. According to VDMA, in 2025, the production volume of the German materials handling and intralogistics industry was estimated at 27.7 billion euros for the previous year, reflecting the critical global need for durable power transmission solutions in logistics.

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Key Market Challenges

Global economic volatility and geopolitical tensions constitute a significant barrier to the growth of the parallel shaft geared motors market. These macro-level instabilities create an environment of uncertainty that compels manufacturers and logistics providers to delay or scale back capital expenditure plans. Since parallel shaft geared motors are critical components in heavy industrial machinery, conveyor systems, and material handling units, any hesitation in procuring new capital goods triggers an immediate contraction in demand for these drive systems. When industrial output stagnates due to fragile supply chains or trade barriers, the requirement for new motor units diminishes significantly, forcing suppliers to contend with reduced order volumes and deferred projects.

This correlation between industrial instability and market deceleration is evident in recent industry performance metrics. According to VDMA, in December 2025, the association forecast that real production in the German mechanical engineering sector—a primary consumer of geared motors—would decline by 5% for the full year 2025. This contraction highlights how sustained economic friction directly hampers the manufacturing base, thereby limiting the total addressable market for component suppliers. Without a stable economic backdrop to encourage industrial investment, the parallel shaft geared motor market faces persistent headwinds in maintaining sales momentum.

Key Market Trends

The expansion of hygienic and washdown-ready solutions is reshaping the market, particularly for food processing applications where cleanability is critical. Manufacturers are engineering parallel shaft geared motors with smooth, crevice-free housings and specialized surface coatings to withstand high-pressure caustic washdowns, thereby preventing bacterial contamination in conveyor systems. This sector-specific momentum is evidenced by trade volume; according to VDMA, April 2025, in the press release regarding IFFA 2025, exports of food processing and packaging machinery from Germany increased by 6% to 10.6 billion euros in 2024. This export growth signals a rising global requirement for sanitary drive components that comply with stringent industry hygiene standards.

Simultaneously, the transition to IE5 Ultra-Premium Efficiency motor standards is necessitating the redesign of geared units to accommodate advanced permanent magnet synchronous motors. Industrial users are increasingly replacing legacy IE3 induction drives with these highly efficient packages to reduce energy consumption and total cost of ownership. The market’s shift toward such high-performance electro-electronic equipment is reflected in recent manufacturer performance; according to WEG S.A., April 2025, in the 'Q1 2025 Earnings Release', net operating revenue surged by 25.5% year-over-year to 10.1 billion Brazilian Reals, driven by sustained demand for industrial motors and automation technologies. This financial trajectory highlights the accelerating adoption of next-generation, energy-efficient power transmission systems.

Segmental Insights

The Automotive & Transportation sector represents the fastest-growing segment within the Global Parallel Shaft Geared Motors Market, driven by the rapid expansion of electric vehicle manufacturing and industrial automation. These motors are increasingly integrated into vehicle production lines and onboard systems due to their superior torque density and compact configuration, which suit space-constrained applications. This upward trajectory is reinforced by stringent energy efficiency mandates from global regulatory bodies, compelling manufacturers to transition toward sustainable, high-performance drive technologies to reduce carbon footprints. Consequently, the industry's dual focus on electromobility and automated production processes creates a sustained demand for this technology.

Regional Insights

North America maintains a dominant position in the Global Parallel Shaft Geared Motors Market, driven by an extensive industrial manufacturing infrastructure and the widespread integration of automated systems. Key sectors such as material handling, mining, and food processing consistently demand durable power transmission solutions to ensure operational continuity. Furthermore, stringent energy efficiency mandates enforced by the Department of Energy compel facilities to upgrade to compliant, high-performance motor systems. This regulatory framework, combined with a focus on modernizing production capabilities, solidifies the region's leadership by fostering a consistent requirement for reliable geared motor technologies.

Recent Developments

  • In September 2024, SEW-EURODRIVE introduced the ECO2 design for its geared motor range, including its parallel shaft helical models, during the Electra Mining Africa exhibition. This new product feature offers a sustainable, coating-free aluminum housing that naturally forms a protective, corrosion-resistant layer, thereby eliminating the need for solvents and traditional paints. Designed for indoor environments with controlled humidity, the ECO2 version enables the recycling of the entire drive unit at the end of its service life. This launch underscored the company's focus on environmentally friendly manufacturing while maintaining the durability and efficiency required for industrial power transmission.
  • In July 2024, Flender announced the global launch of the multi-stage extension of its Flender One industrial gearbox platform. This major product expansion introduced specialized parallel shaft and bevel-helical gear units designed to suit over one hundred specific applications, including bucket elevators and conveyor belts. The new multi-stage gearboxes feature a distinct housing design and come equipped with integrated AIQ sensor technology for real-time digital monitoring. By offering precise sizing and reduced power loss, these parallel shaft solutions were engineered to eliminate oversizing and significantly lower operating costs for operators in the mining and raw material processing industries.
  • In June 2024, the newly independent company Innomotics began confirming orders for its drive technology products exclusively under its own brand, completing its transition from Siemens. This development directly affected the marketing and distribution of the SIMOGEAR portfolio, which encompasses a wide array of helical, bevel, and parallel shaft geared motors. The operational shift ensured that while the technical specifications and high-efficiency standards of the parallel shaft units remained unchanged, all future product labeling, documentation, and deliveries would reflect the new corporate identity. This move marked a significant step in establishing the company as a standalone leader in the motor and drive market.
  • In April 2024, Watt Drive Antriebstechnik GmbH was officially renamed WEG Gear Systems GmbH, positioning the Austrian facility as the global competence center for the wider group's gear technology. This strategic restructuring designated the site as the primary hub for the development and production of gears and geared motors, including the WG20 range of parallel shaft geared motors. The rebranding was intended to strengthen the subsidiary’s integration with its parent company and leverage a global network to distribute high-quality drive solutions. The center now focuses on advancing gear technology to meet the diverse needs of industrial automation and material handling sectors.

Key Market Players

  • Siemens AG
  • SEW-EURODRIVE GmbH & Co KG
  • NORD Drivesystems
  • Bosch Rexroth AG
  • Emerson Electric Co.
  • ABB Ltd
  • Sumitomo Heavy Industries Ltd
  • Bonfiglioli S.p.A.
  • Regal Rexnord Corporation
  • WEG S.A.

By Shaft Type

By Stage

By Application

By Region

  • Solid Shaft
  • Splined Hollow Shaft
  • and Hollow Shaft with Shrink Disc
  • 2-stage
  • 3-stage
  • and Other Stages
  • Energy Industry
  • Food and Beverages
  • Automotive & Transportation
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Parallel Shaft Geared Motors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Parallel Shaft Geared Motors Market, By Shaft Type:
  • Solid Shaft
  • Splined Hollow Shaft
  • and Hollow Shaft with Shrink Disc
  • Parallel Shaft Geared Motors Market, By Stage:
  • 2-stage
  • 3-stage
  • and Other Stages
  • Parallel Shaft Geared Motors Market, By Application:
  • Energy Industry
  • Food and Beverages
  • Automotive & Transportation
  • Others
  • Parallel Shaft Geared Motors Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Parallel Shaft Geared Motors Market.

Available Customizations:

Global Parallel Shaft Geared Motors Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Parallel Shaft Geared Motors Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Parallel Shaft Geared Motors Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Shaft Type (Solid Shaft, Splined Hollow Shaft, and Hollow Shaft with Shrink Disc)

5.2.2.  By Stage (2-stage, 3-stage, and Other Stages)

5.2.3.  By Application (Energy Industry, Food and Beverages, Automotive & Transportation, Others)

5.2.4.  By Region

5.2.5.  By Company (2025)

5.3.  Market Map

6.    North America Parallel Shaft Geared Motors Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Shaft Type

6.2.2.  By Stage

6.2.3.  By Application

6.2.4.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Parallel Shaft Geared Motors Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Shaft Type

6.3.1.2.2.  By Stage

6.3.1.2.3.  By Application

6.3.2.    Canada Parallel Shaft Geared Motors Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Shaft Type

6.3.2.2.2.  By Stage

6.3.2.2.3.  By Application

6.3.3.    Mexico Parallel Shaft Geared Motors Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Shaft Type

6.3.3.2.2.  By Stage

6.3.3.2.3.  By Application

7.    Europe Parallel Shaft Geared Motors Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Shaft Type

7.2.2.  By Stage

7.2.3.  By Application

7.2.4.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Parallel Shaft Geared Motors Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Shaft Type

7.3.1.2.2.  By Stage

7.3.1.2.3.  By Application

7.3.2.    France Parallel Shaft Geared Motors Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Shaft Type

7.3.2.2.2.  By Stage

7.3.2.2.3.  By Application

7.3.3.    United Kingdom Parallel Shaft Geared Motors Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Shaft Type

7.3.3.2.2.  By Stage

7.3.3.2.3.  By Application

7.3.4.    Italy Parallel Shaft Geared Motors Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Shaft Type

7.3.4.2.2.  By Stage

7.3.4.2.3.  By Application

7.3.5.    Spain Parallel Shaft Geared Motors Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Shaft Type

7.3.5.2.2.  By Stage

7.3.5.2.3.  By Application

8.    Asia Pacific Parallel Shaft Geared Motors Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Shaft Type

8.2.2.  By Stage

8.2.3.  By Application

8.2.4.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Parallel Shaft Geared Motors Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Shaft Type

8.3.1.2.2.  By Stage

8.3.1.2.3.  By Application

8.3.2.    India Parallel Shaft Geared Motors Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Shaft Type

8.3.2.2.2.  By Stage

8.3.2.2.3.  By Application

8.3.3.    Japan Parallel Shaft Geared Motors Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Shaft Type

8.3.3.2.2.  By Stage

8.3.3.2.3.  By Application

8.3.4.    South Korea Parallel Shaft Geared Motors Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Shaft Type

8.3.4.2.2.  By Stage

8.3.4.2.3.  By Application

8.3.5.    Australia Parallel Shaft Geared Motors Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Shaft Type

8.3.5.2.2.  By Stage

8.3.5.2.3.  By Application

9.    Middle East & Africa Parallel Shaft Geared Motors Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Shaft Type

9.2.2.  By Stage

9.2.3.  By Application

9.2.4.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Parallel Shaft Geared Motors Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Shaft Type

9.3.1.2.2.  By Stage

9.3.1.2.3.  By Application

9.3.2.    UAE Parallel Shaft Geared Motors Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Shaft Type

9.3.2.2.2.  By Stage

9.3.2.2.3.  By Application

9.3.3.    South Africa Parallel Shaft Geared Motors Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Shaft Type

9.3.3.2.2.  By Stage

9.3.3.2.3.  By Application

10.    South America Parallel Shaft Geared Motors Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Shaft Type

10.2.2.  By Stage

10.2.3.  By Application

10.2.4.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Parallel Shaft Geared Motors Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Shaft Type

10.3.1.2.2.  By Stage

10.3.1.2.3.  By Application

10.3.2.    Colombia Parallel Shaft Geared Motors Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Shaft Type

10.3.2.2.2.  By Stage

10.3.2.2.3.  By Application

10.3.3.    Argentina Parallel Shaft Geared Motors Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Shaft Type

10.3.3.2.2.  By Stage

10.3.3.2.3.  By Application

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Parallel Shaft Geared Motors Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Siemens AG

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  SEW-EURODRIVE GmbH & Co KG

15.3.  NORD Drivesystems

15.4.  Bosch Rexroth AG

15.5.  Emerson Electric Co.

15.6.  ABB Ltd

15.7.  Sumitomo Heavy Industries Ltd

15.8.  Bonfiglioli S.p.A.

15.9.  Regal Rexnord Corporation

15.10.  WEG S.A.

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Parallel Shaft Geared Motors Market was estimated to be USD 906.72 Million in 2025.

North America is the dominating region in the Global Parallel Shaft Geared Motors Market.

Automotive & Transportation segment is the fastest growing segment in the Global Parallel Shaft Geared Motors Market.

The Global Parallel Shaft Geared Motors Market is expected to grow at 15.49% between 2026 to 2031.

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