Report overview
Precision reduction gears are key components of industrial robots. These gears make it possible to extract a tremendous amount of power from a small motor while at the same time allowing the industrial robots to make more precise movements. Without them, the robots would be unable to perform the powerful, swift, and precise actions needed to assemble the cars and other vehicles that we see all around us every day all over the world. Precision reduction gears maintain high accuracy and rigidity as well as being compact and lightweight. They are therefore used not only in industrial robots but also in various other areas include Semiconductor Equipment, Flat Panel Equipment, Machine Tools, Optical Machine, Textile, Printing, Bookbinding and Paper Machine, Metal Working Machine, Medical Equipment and Aerospace and Space Equipment among others.
This report aims to provide a comprehensive presentation of the global market for Precision Reduction Gears, 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 Precision Reduction Gears. This report contains market size and forecasts of Precision Reduction Gears in global, including the following market information:
Global Precision Reduction Gears Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Precision Reduction Gears Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Precision Reduction Gears companies in 2022 (%)
The global Precision Reduction Gears market was valued at US$ 2916.9 million in 2022 and is projected to reach US$ 4333.7 million by 2029, at a CAGR of 5.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufactuers of precision reduction gears include Nabtesco, HDSI, Sumitomo, SEW-Eurodrive, Neugart GmbH, etc. The top five players hold a share around 60%. Asia-Pacific is the largest market, has a share about 71%, followed by Europe and North America, with share 17% and 10%, separately.
We surveyed the Precision Reduction Gears 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 Precision Reduction Gears Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Precision Reduction Gears Market Segment Percentages, by Type, 2022 (%)
RV Precision Reduction Gears
Harmonic Precision Reduction Gears
Planetary Precision Reduction Gears
Global Precision Reduction Gears Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Precision Reduction Gears Market Segment Percentages, by Application, 2022 (%)
Industry Robot
Semiconductor Equipment
Flat Panel Equipment
Machine Tools
Optical Machine
Textile, Printing, Bookbinding and Paper Machine
Metal Working Machine
Medical Equipment
Aerospace and Space Equipment
Others
Global Precision Reduction Gears Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Precision Reduction Gears 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 Precision Reduction Gears revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Precision Reduction Gears revenues share in global market, 2022 (%)
Key companies Precision Reduction Gears sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Precision Reduction Gears sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nabtesco
HDSI
Sumitomo
SEW-Eurodrive
Neugart GmbH
Wittenstein SE
Apex Dynamics
Leaderdrive
Newstart
Flender
Nidec-Shimpo
LI-MING Machinery Co., Ltd.
KOFON
Rouist
SPINEA
Ningbo ZhongDa Leader Intelligent Transmission
STOBER
Nantong zhenkang welding electromechanical
Qinchuan Machine Tool
Zhejiang Laifual
Zhejiang Shuanghuan Driveline
Shenzhen Han's Motion Technology
Wuhan Jinghua Speed Reducer Manufacturing
ZF
Sesame Motor
BENRUN Robot
PIN HONG TECHNOLOGY
Beijing CTKM Harmonic Drive
Shanghai Like Precision Machinery
Shanghai Lian Heng Precision Machinery
Shenzhen Zhikong Technology
Too Eph Transmission Technology
Hengfengtai Precision Machinery
BHDI
Guohua Hengyuan Tech Dev Co., Ltd.
Cone Drive
Outline of Major Chapters:
Chapter 1: Introduces the definition of Precision Reduction Gears, market overview.
Chapter 2: Global Precision Reduction Gears market size in revenue and volume.
Chapter 3: Detailed analysis of Precision Reduction Gears 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 Precision Reduction Gears 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 Precision Reduction Gears 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.
