Global Precision Planetary Gearbox Market Report, History and Forecast 2017-2028
Market Analysis and Insights: Global Precision Planetary Gearbox Market
Due to the COVID-19 pandemic, the global Precision Planetary Gearbox market size was value at US$ 910.10 million in 2021 and is forecast to be a readjusted size of US$ 1,294.21 million by 2028 with a CAGR of 5.15% during the forecast period 2022-2028.
The global main manufacturers of Precision Planetary Gearbox include SEW-Eurodrive, Neugart GmbH, Wittenstein SE, Apex Dynamics, Newstart, Flender, etc. In 2021, the global six largest players have a share approximately 58.20% in terms of revenue.
The North America Precision Planetary Gearbox market size was US$ 184.76 million in 2021, while China was about US$ 330.51 million. The proportion of the China was 36.32% in 2021 and it is predicted that the share will reach 38.81% in 2028, trailing a CAGR of 6.09% through the analysis period. As for the Europe Precision Planetary Gearbox landscape, Germany is projected to reach US$ 54.03 million by 2028. And in Asia, the notable markets are Japan and South Korea, CAGR is 4.43% and 4.95% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Linear Precision Planetary Gearbox accounting for 64.62% of the Precision Planetary Gearbox global market in 2021, is projected to value US$ 860.47 million by 2028, growing at a revised 5.56% CAGR from 2022 to 2028. While Semiconductor Equipment segment is altered to a 5.07% CAGR throughout this forecast period and will hold a share of 16.76% in 2028.
Global Precision Planetary Gearbox Scope and Market Size
The global Precision Planetary Gearbox market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Precision Planetary Gearbox market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
SEW-Eurodrive
Neugart GmbH
Wittenstein SE
Apex Dynamics
Newstart
Flender
LI-MING Machinery
Rouist
STOBER
KOFON Motion Group
Nidec
Harmonic Drive Systems
Ningbo ZhongDa Leader
ZF
Sesame Motor
Sumitomo
PIN HONG TECHNOLOGY
Shanghai Lian Heng Precision Machinery
Shenzhen Zhikong Technology
Segment by Type
Linear Precision Planetary Gearbox
Right Angle Precision Planetary Gearbox
Segment by Application
Robotics
Food Processing Machinery
Packaging Machinery
Textile, Printing Machinery
Semiconductor Equipment
Machine Tools
Aerospace
Medical Devices
Engineering Machinery
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Rest of APAC
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Brazil
Rest of Latin America
Middle East & Africa
Middle East
Africa
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