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Precision Reduction Gears Market, Global Outlook and Forecast 2023-2029

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)

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Global Precision Reduction Gears Market Sales, 2018-2023, 2024-2029, (K Units)

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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.


Table of content

1 Introduction to Research & Analysis Reports
1.1 Precision Reduction Gears Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Precision Reduction Gears Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Precision Reduction Gears Overall Market Size
2.1 Global Precision Reduction Gears Market Size: 2022 VS 2029
2.2 Global Precision Reduction Gears Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Precision Reduction Gears Sales: 2018-2029
3 Company Landscape
3.1 Top Precision Reduction Gears Players in Global Market
3.2 Top Global Precision Reduction Gears Companies Ranked by Revenue
3.3 Global Precision Reduction Gears Revenue by Companies
3.4 Global Precision Reduction Gears Sales by Companies
3.5 Global Precision Reduction Gears Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Precision Reduction Gears Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Precision Reduction Gears Product Type
3.8 Tier 1, Tier 2 and Tier 3 Precision Reduction Gears Players in Global Market
3.8.1 List of Global Tier 1 Precision Reduction Gears Companies
3.8.2 List of Global Tier 2 and Tier 3 Precision Reduction Gear

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