The global Speed Reducer for Robotics market was valued at US$ 1368.5 million in 2022 and is projected to reach US$ 1803.2 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A robot speed reducer, also known as a robotic speed reducer or speed reducer for robots, is an intermediate device which connects a servo motor and actuator. The robot speed reducer is able to slow down an industrial robot by extracting the power generated by the servo motor in high speed rotation via the pinion on the input shaft that meshes with the gear wheel of the output shaft in order to deliver substantial torque.
Speed Reducer for Robotics Market aims to provide a comprehensive presentation of the global market for Speed Reducer for Robotics, 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 Speed Reducer for Robotics. Speed Reducer for Robotics Market contains market size and forecasts of Speed Reducer for Robotics in global, including the following market information:
Global Speed Reducer for Robotics Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Speed Reducer for Robotics Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Speed Reducer for Robotics companies in 2022 (%)
Global key players of Speed Reducer for Robotics include Nabtesco Corporation, Harmonic Drive, Leaderdrive, Nidec-Shimpo, Sumitomo Drive Technologies, etc. The top five players hold a share over 75%. Asia-Pacific is the largest market, has a share about 77%, followed by North America and Europe, with share 8% and 13%, separately. In terms of product type, RV Reducer is the largest segment, occupied for a share of 79%, and in terms of application, Articulated Robots has a share about 64 percent.
We surveyed the Speed Reducer for Robotics 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 Speed Reducer for Robotics Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Speed Reducer for Robotics Market Segment Percentages, by Type, 2022 (%)
- RV Reducer
- Harmonic Reducer
Global Speed Reducer for Robotics Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Speed Reducer for Robotics Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Electrical and Electronics
- Chemical, Rubber and Plastic
- Metal and Machinery
- Food, Beverages and Pharmaceuticals
- Others
Global Speed Reducer for Robotics Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Speed Reducer for Robotics Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Speed Reducer for Robotics revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Speed Reducer for Robotics revenues share in global market, 2022 (%)
- Key companies Speed Reducer for Robotics sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Speed Reducer for Robotics sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Nabtesco Corporation
- Nidec
- Sumitomo Heavy Industries, Ltd.
- Harmonic Drive
- Shaanxi Qinchuan Machinery Development
- Shanghai Mechanical and Electrical Industry
- Hengfengtai Precision Machinery
- Ningbo ZhongDa Leader Intelligent Transmission Co Ltd
- Leader Harmonious Drive Systems
- Zhejiang Shuanghuan Driveline Co., Ltd.
- Hanyu Group
- Nantong Zhenkang Welding Electromachinery
- Shuaike Machinery Manufacturing
- Beijing CTKM Harmonic Drive
- Spinea
- SEJINiGB
- Dongguan Banrin Robot Technology
- Hans Laser Technology Industry Group
- Wuhan Jinghua Speed Reducer Manufacturing Co., Ltd.
- Transcyko
- Guangdong Shunde Zhengshang Technologies Co., Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Speed Reducer for Robotics, market overview.
Chapter 2: Global Speed Reducer for Robotics market size in revenue and volume.
Chapter 3: Detailed analysis of Speed Reducer for Robotics 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 Speed Reducer for Robotics 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 Speed Reducer for Robotics 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.
Industry Market Size
