The global Precision Planetary Reducer market was valued at US$ 796.2 million in 2020 and it is expected to reach US$ 1127.3 million by the end of 2027, growing at a CAGR of 5.0% during 2021-2027.
The precision planetary reducer is a transmission structure. It is mainly composed of three parts: planetary wheel, sun gear and inner ring gear. Its simple structure and high transmission efficiency are installed on the servo motor to reduce the speed, increase the torque and accurately locate. Widely used in CNC machine tools, industrial robots, service robots, robots, food machinery, packaging machinery; laser cutting machines, woodworking engraving machines, printing machinery and other automation equipment.
Neugart, WITTENSTEIN and SEW are the top 3 suppliers in the precision planetary reducer market, accounting for 35% of global revenue. Asia-Pacific is the largest market, with a share about 47%, followed by Europe and North America with the share about 24% and 20%.
Global Precision Planetary Reducer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Precision Planetary Reducer Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Neugart, Wittenstein, Sew, Flender, Apex, Harmonic Drive System, Newstart Planetary Gear Boxes, Stober, Rouist-Auto, Nidec-Shimpo, Hubei Planetary Gearboxes, Sesame, Zf Friedrichshafen Ag, Sumitomo Drive Technologies, Pht, Ningbo Zhongda Leader Intelligent Transmission, Shanghai Lian Heng Precision Machinery, Li-Ming Machinery, Stonker and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Right Angle Planetary Gear Reducers
- Linear Planetary Gear Reducers
Segment by Application
- Food Processing Machinery
- Packaging Machinery
- Textile and Printing Machinery
- Semiconductor Equipment
- Machine Tools
- Medical Equipment
- Construction Machinery
Table of Content:
1 Precision Planetary Reducer Market Overview
2 Precision Planetary Reducer Market Competition by Manufacturers
3 Precision Planetary Reducer Retrospective Market Scenario by Region
4 Global Precision Planetary Reducer Historic Market Analysis by Type
5 Global Precision Planetary Reducer Historic Market Analysis by Application
6 Key Companies Profiled
7 Precision Planetary Reducer Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Precision Planetary Reducer Market Dynamics
10 Global Precision Planetary Reducer Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.