Market Overview:
The Global Harmonic Gear Drive Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for harmonic gear drives in various industrial applications. The cup style harmonic gear drive segment is expected to hold the largest share of the global harmonic gear drive market during the forecast period, owing to its high efficiency and compact size. Asia Pacific is expected to be the fastest-growing region in terms of market growth during the forecast period, followed by Europe and North America.
Product Definition:
A harmonic gear drive is a type of mechanical transmission that uses harmonic vibrations to transmit power. The importance of harmonic gear drives is that they are very efficient and can handle high power loads without failure.
Cup Style:
Cup-style is a type of gear design, which uses cups to form the gears. The main advantage of this design is that it allows for compactness and lightness in the system. In addition, it also helps in improving the torque conversion rate by reducing the number of teeths on each gear.
Hat Style:
The hat style is the form of a protective covering which is placed over an electric motor or mechanical device to protect it from weather, dust, and other airborne particles. The product also serves as a decorative element in some cases. It can be made of different materials such as plastic, rubber, felt among others.
The type of hats used depends on the application for which they are designed and used for.
Application Insights:
The industry robot application segment accounted for the largest share of over 30.0% in 2017. The growth is attributed to the increasing demand for industrial robots across various industries such as automotive, electronics and semiconductors, machine tools, food and beverage processing, and pharmaceuticals. Furthermore, technological advancements in Harmonic Drive along with growing demand from industrial applications are expected to drive the market over the forecast period.
The flat panel equipment application segment is projected to witness significant growth during the forecast period owing to rising adoption of LCD TVs and monitors worldwide coupled with high production volumes of these devices annually since 2010.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising adoption of automation, and growing investments in research & development for developing new types of machines. Moreover, Asia Pacific has a large number of manufacturers who are adopting various strategies such as mergers & acquisitions or collaborations with other companies for improving their production capabilities. These factors are anticipated to drive demand over the forecast period.
The machine tool segment is expected to witness significant growth owing to increased demand from industries including metal working, woodworking, printing machinery among others that require precision tools with high durability at low cost per piece produced.
Growth Factors:
- Increasing demand from the automotive industry for fuel-efficient and low-emission vehicles
- Growing popularity of harmonic gear drives in renewable energy applications such as wind turbines and solar power plants
- Rising demand for harmonic gear drives in mining and construction industries
- Technological advancements that have led to the development of more efficient harmonic gear drive systems
- Growing awareness about the benefits of using harmonic gear drives among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Harmonic Gear Drive Market Research Report
By Type
Cup Style, Hat Style, Pancake Style
By Application
Industry Robot, Semiconductor Equipment, Flat Panel Equipment, Machine Tools, Optical Machine, Printing, Bookbinding and Paper Machine, Metal Working Machine, Medical Equipment, Space Equipment
By Companies
HDSI, Leaderdrive, Beijing CTKM Harmonic Drive, BHDI, Zhejiang Laifual, Nidec-Shimpo, BENRUN Robot, Cone Drive, HDSI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Harmonic Gear Drive Market Report Segments:
The global Harmonic Gear Drive market is segmented on the basis of:
Types
Cup Style, Hat Style, Pancake Style
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industry Robot, Semiconductor Equipment, Flat Panel Equipment, Machine Tools, Optical Machine, Printing, Bookbinding and Paper Machine, Metal Working Machine, Medical Equipment, Space Equipment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HDSI
- Leaderdrive
- Beijing CTKM Harmonic Drive
- BHDI
- Zhejiang Laifual
- Nidec-Shimpo
- BENRUN Robot
- Cone Drive
- HDSI
Highlights of The Harmonic Gear Drive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cup Style
- Hat Style
- Pancake Style
- By Application:
- Industry Robot
- Semiconductor Equipment
- Flat Panel Equipment
- Machine Tools
- Optical Machine
- Printing, Bookbinding and Paper Machine
- Metal Working Machine
- Medical Equipment
- Space Equipment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Harmonic Gear Drive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Harmonic gear drive is a type of transmission that uses gears to transfer power from one shaft to another. It is often used in industrial applications, such as manufacturing and construction.
Some of the major companies in the harmonic gear drive market are HDSI, Leaderdrive, Beijing CTKM Harmonic Drive, BHDI, Zhejiang Laifual, Nidec-Shimpo, BENRUN Robot, Cone Drive, HDSI.
The harmonic gear drive market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Harmonic Gear Drive Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Harmonic Gear Drive Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Harmonic Gear Drive Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Harmonic Gear Drive Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Harmonic Gear Drive Market Size & Forecast, 2020-2028 4.5.1 Harmonic Gear Drive Market Size and Y-o-Y Growth 4.5.2 Harmonic Gear Drive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cup Style
5.2.2 Hat Style
5.2.3 Pancake Style
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industry Robot
6.2.2 Semiconductor Equipment
6.2.3 Flat Panel Equipment
6.2.4 Machine Tools
6.2.5 Optical Machine
6.2.6 Printing
6.2.7 Bookbinding and Paper Machine
6.2.8 Metal Working Machine
6.2.9 Medical Equipment
6.2.10 Space Equipment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Harmonic Gear Drive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Harmonic Gear Drive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cup Style
9.6.2 Hat Style
9.6.3 Pancake Style
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industry Robot
9.10.2 Semiconductor Equipment
9.10.3 Flat Panel Equipment
9.10.4 Machine Tools
9.10.5 Optical Machine
9.10.6 Printing
9.10.7 Bookbinding and Paper Machine
9.10.8 Metal Working Machine
9.10.9 Medical Equipment
9.10.10 Space Equipment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cup Style
10.6.2 Hat Style
10.6.3 Pancake Style
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industry Robot
10.10.2 Semiconductor Equipment
10.10.3 Flat Panel Equipment
10.10.4 Machine Tools
10.10.5 Optical Machine
10.10.6 Printing
10.10.7 Bookbinding and Paper Machine
10.10.8 Metal Working Machine
10.10.9 Medical Equipment
10.10.10 Space Equipment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cup Style
11.6.2 Hat Style
11.6.3 Pancake Style
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industry Robot
11.10.2 Semiconductor Equipment
11.10.3 Flat Panel Equipment
11.10.4 Machine Tools
11.10.5 Optical Machine
11.10.6 Printing
11.10.7 Bookbinding and Paper Machine
11.10.8 Metal Working Machine
11.10.9 Medical Equipment
11.10.10 Space Equipment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cup Style
12.6.2 Hat Style
12.6.3 Pancake Style
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industry Robot
12.10.2 Semiconductor Equipment
12.10.3 Flat Panel Equipment
12.10.4 Machine Tools
12.10.5 Optical Machine
12.10.6 Printing
12.10.7 Bookbinding and Paper Machine
12.10.8 Metal Working Machine
12.10.9 Medical Equipment
12.10.10 Space Equipment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cup Style
13.6.2 Hat Style
13.6.3 Pancake Style
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industry Robot
13.10.2 Semiconductor Equipment
13.10.3 Flat Panel Equipment
13.10.4 Machine Tools
13.10.5 Optical Machine
13.10.6 Printing
13.10.7 Bookbinding and Paper Machine
13.10.8 Metal Working Machine
13.10.9 Medical Equipment
13.10.10 Space Equipment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Harmonic Gear Drive Market: Competitive Dashboard
14.2 Global Harmonic Gear Drive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HDSI
14.3.2 Leaderdrive
14.3.3 Beijing CTKM Harmonic Drive
14.3.4 BHDI
14.3.5 Zhejiang Laifual
14.3.6 Nidec-Shimpo
14.3.7 BENRUN Robot
14.3.8 Cone Drive
14.3.9 HDSI