Global Precision Reduction Gears Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Precision Reduction Gears Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Precision Reduction Gears market size was valued at USD 2864.1 million in 2022 and is forecast to a readjusted size of USD 4159.2 million by 2029 with a CAGR of 5.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key manufacturers of precision reduction gears include Nabtesco, HDSI, Sumitomo, SEW-Eurodrive, Neugart GmbH and others. The top five manufacturers hold about 50% of the market share. The global origins are mainly distributed in North America, Europe, China, Japan, Taiwan (China), Southeast Asia, etc. Asia Pacific is the largest market with a share of about 71%, followed by Europe and North America with shares of 16% and 10%, respectively. In terms of product type, RV precision reduction geas are the largest segment with a share of about 44%, while in terms of downstream, industry robots are the largest downstream segment with a 53% share; in addition, semiconductor equipment and machine tools are also its major applications.

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 is a detailed and comprehensive analysis for global Precision Reduction Gears market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Precision Reduction Gears market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Precision Reduction Gears market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Precision Reduction Gears market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global Precision Reduction Gears market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Precision Reduction Gears

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Precision Reduction Gears market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nabtesco, HDSI, Sumitomo, SEW-Eurodrive and Neugart GmbH, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Precision Reduction Gears market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
RV Precision Reduction Gears
Harmonic Precision Reduction Gears
Planetary Precision Reduction Gears

Market segment by Application
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

Major players covered
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

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Precision Reduction Gears product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Precision Reduction Gears, with price, sales, revenue and global market share of Precision Reduction Gears from 2018 to 2023.

Chapter 3, the Precision Reduction Gears competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Precision Reduction Gears breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Precision Reduction Gears market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Precision Reduction Gears.

Chapter 14 and 15, to describe Precision Reduction Gears sales channel, distributors, customers, research findings and conclusion.