Speed Reducers Market

Speed reducer is a kind of transmission device, which transport power from few teethed gear to much teethed gear. From this way, the power of high-speed engine can be used in low speed equipment, and the ratio of gears? teeth is the transmission ratio. Speed reducer is generally applied in low speed and high power equipment like crane, packaging machine and rolling machine.

Speed Reducers Market contains market size and forecasts of Speed Reducers in global, including the following market information:

Global Speed Reducers Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Speed Reducers Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Speed Reducers companies in 2021 (%)

The global Speed Reducers market was valued at 10200 million in 2021 and is projected to reach US$ 17530 million by 2028, at a CAGR of 8.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Gear Reducer Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Speed Reducers include Sew eurodrive, Siemens Flender, Nabtesco, Guomao, Sumitomo Heavy Industries, Jiangsu Tailong, Nidec Shimpo, Jiangsu Taixing and Altra Industrial Motion, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Speed Reducers 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 Reducers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Speed Reducers Market Segment Percentages, by Type, 2021 (%)

Gear Reducer

Worm Wheel Reducer

Planetary Gears

Cycloid Reducer

Harmonic Drive

Global Speed Reducers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Speed Reducers Market Segment Percentages, by Application, 2021 (%)

Industrial

Food Industry

Mining Industry

Construction Industry

Other

Global Speed Reducers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Speed Reducers Market Segment Percentages, By Region and Country, 2021 (%)

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 Speed Reducers revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Speed Reducers revenues share in global market, 2021 (%)

Key companies Speed Reducers sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Speed Reducers sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Sew eurodrive

Siemens Flender

Nabtesco

Guomao

Sumitomo Heavy Industries

Jiangsu Tailong

Nidec Shimpo

Jiangsu Taixing

Altra Industrial Motion

ABB Baldor

Winsmith

Zhongda Leader

Zhenkang Welding Electromachinery

Leaderdrive