Market Overview:
The global high precision planetary gear motors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high precision planetary gear motors in various applications, such as robotics, food processing machinery, packaging machinery, textile printing machinery, semiconductor equipment and machine tools. Additionally, the growing demand for high precision planetary gear motors from the aerospace and medical devices industries is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations may restrain the growth of this market during the forecast period.
Product Definition:
A high precision planetary gear motor is a device that uses gears to convert rotational motion into linear or angular motion. These motors are used in a variety of applications, including robotics, medical devices, and manufacturing equipment. The importance of high precision planetary gear motors lies in their ability to provide accurate and reliable motion control.
Right Angle Planetary Gear Motor:
RAPGM is a kind of electric motor used in high precision planetary gear motors. It has the property to provide high torque at low speeds and can be operated efficiently using small size batteries. The RAPGM market is growing at a significant pace owing to its increasing usage in various applications including medical, automation, instrumentation and semiconductor industries.
The global market for right angle planetary gear motor was valued over USD 1 million in 2015.
Linear Planetary Gear Motor:
Linear planetary gear motor is a type of electric motor which has multiple armature windings and a stationary magnetic field. The magnets in the rotor produce electromagnetic force which drives the armature to rotation. This type of motors are used for high precision applications where speed is not an issue but torque and power are required.
The advantages offered by linear planetary gear motors include low noise, high efficiency, compact design, lightweight construction with long life span and reliability among others.
Application Insights:
The engineering machinery segment accounted for the largest share in the global high precision planetary gear motors market and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high precision electric drives in various industrial applications including machine tools, robotics, medical devices, testing equipment and others.
High-precision planetary gears are used in aerospace components such as space robots that require accuracy greater than 0.5 arc-seconds due to their critical applications involving weightlessness and frictionless rotary movement with zero backlash along with other benefits such as long life expectancy, low maintenance cost.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing investments in automation and technological advancements. For instance, China has implemented several industrial policies encouraging domestic production of high-quality motors, thereby driving the demand across Asia Pacific.
The European market accounted for a significant share in 2017 owing to extensive usage in machine tools, aerospace equipment and medical devices applications. Europe is also anticipated to witness considerable growth over the forecast period on account of rising expenditure on research & development activities for developing new products with improved performance characteristics as well as enhanced efficiency levels compared to existing products available in the market place.- U.S., which was at forefront during development of right angle planetary gear motor technology by NASA's Jet Propulsion Laboratory (JPL), Pasadena, California) has since then been replaced by Japan when it comes time for space exploration missions using robots equipped with high precision planetary gear motors.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for high precision planetary gear motors, as they are used in electric vehicles for power transmission.
- Growing demand from the industrial sector: The industrial sector is one of the key end-users of high precision planetary gear motors. The growth in this sector can be attributed to factors such as rising income levels, rapid urbanization, and technological advancements.
- Rising popularity of renewable energy sources: Renewable energy sources are becoming increasingly popular due to their environmental benefits and cost-effectiveness. This is likely to lead to an increase in the demand for high precision planetary gear motors used in renewable energy applications such as wind turbines and solar panels.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Precision Planetary Gear Motors Market Research Report
By Type
Right Angle Planetary Gear Motor, Linear Planetary Gear Motor
By Application
Robotics, Food Processing Machinery, Packaging Machinery, Textile, Printing Machinery, Semiconductor Equipment, Machine Tools, Aerospace, Medical Devices, Engineering Machinery, Others
By Companies
Neugart GmbH, Wittenstein SE, SEW-Eurodrive, Flender, Apex Dynamics, Harmonic Drive Systems, Newstart, STOBER, Rouist, Nidec, Hubei Planetary Gearboxes, Sesame Motor, ZF, Sumitomo, PIN HONG TECHNOLOGY, Ningbo ZhongDa Leader, Slhpdm, LI-MING Machinery, Shenzhen Zhikong Technology
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global High Precision Planetary Gear Motors Market Report Segments:
The global High Precision Planetary Gear Motors market is segmented on the basis of:
Types
Right Angle Planetary Gear Motor, Linear Planetary Gear Motor
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
Robotics, Food Processing Machinery, Packaging Machinery, Textile, Printing Machinery, Semiconductor Equipment, Machine Tools, Aerospace, Medical Devices, Engineering Machinery, Others
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:
- Neugart GmbH
- Wittenstein SE
- SEW-Eurodrive
- Flender
- Apex Dynamics
- Harmonic Drive Systems
- Newstart
- STOBER
- Rouist
- Nidec
- Hubei Planetary Gearboxes
- Sesame Motor
- ZF
- Sumitomo
- PIN HONG TECHNOLOGY
- Ningbo ZhongDa Leader
- Slhpdm
- LI-MING Machinery
- Shenzhen Zhikong Technology
Highlights of The High Precision Planetary Gear Motors 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:
- Right Angle Planetary Gear Motor
- Linear Planetary Gear Motor
- By Application:
- Robotics
- Food Processing Machinery
- Packaging Machinery
- Textile, Printing Machinery
- Semiconductor Equipment
- Machine Tools
- Aerospace
- Medical Devices
- Engineering Machinery
- Others
- 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 High Precision Planetary Gear Motors 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?
High precision planetary gear motors are designed to provide high torque and low speed operation. They are typically used in applications where high accuracy and repeatability is required, such as medical equipment or aerospace.
Some of the major players in the high precision planetary gear motors market are Neugart GmbH, Wittenstein SE, SEW-Eurodrive, Flender, Apex Dynamics, Harmonic Drive Systems, Newstart, STOBER, Rouist, Nidec, Hubei Planetary Gearboxes, Sesame Motor, ZF, Sumitomo, PIN HONG TECHNOLOGY, Ningbo ZhongDa Leader, Slhpdm, LI-MING Machinery, Shenzhen Zhikong Technology.
The high precision planetary gear motors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size & Forecast, 2018-2028 4.5.1 High Precision Planetary Gear Motors Market Size and Y-o-Y Growth 4.5.2 High Precision Planetary Gear Motors Market Absolute $ Opportunity
Chapter 5 Global High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size Forecast by Type
5.2.1 Right Angle Planetary Gear Motor
5.2.2 Linear Planetary Gear Motor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size Forecast by Applications
6.2.1 Robotics
6.2.2 Food Processing Machinery
6.2.3 Packaging Machinery
6.2.4 Textile
6.2.5 Printing Machinery
6.2.6 Semiconductor Equipment
6.2.7 Machine Tools
6.2.8 Aerospace
6.2.9 Medical Devices
6.2.10 Engineering Machinery
6.2.11 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Analysis and Forecast
9.1 Introduction
9.2 North America High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size Forecast by Type
9.6.1 Right Angle Planetary Gear Motor
9.6.2 Linear Planetary Gear Motor
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 High Precision Planetary Gear Motors Market Size Forecast by Applications
9.10.1 Robotics
9.10.2 Food Processing Machinery
9.10.3 Packaging Machinery
9.10.4 Textile
9.10.5 Printing Machinery
9.10.6 Semiconductor Equipment
9.10.7 Machine Tools
9.10.8 Aerospace
9.10.9 Medical Devices
9.10.10 Engineering Machinery
9.10.11 Others
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 High Precision Planetary Gear Motors Analysis and Forecast
10.1 Introduction
10.2 Europe High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size Forecast by Type
10.6.1 Right Angle Planetary Gear Motor
10.6.2 Linear Planetary Gear Motor
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 High Precision Planetary Gear Motors Market Size Forecast by Applications
10.10.1 Robotics
10.10.2 Food Processing Machinery
10.10.3 Packaging Machinery
10.10.4 Textile
10.10.5 Printing Machinery
10.10.6 Semiconductor Equipment
10.10.7 Machine Tools
10.10.8 Aerospace
10.10.9 Medical Devices
10.10.10 Engineering Machinery
10.10.11 Others
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 High Precision Planetary Gear Motors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size Forecast by Type
11.6.1 Right Angle Planetary Gear Motor
11.6.2 Linear Planetary Gear Motor
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 High Precision Planetary Gear Motors Market Size Forecast by Applications
11.10.1 Robotics
11.10.2 Food Processing Machinery
11.10.3 Packaging Machinery
11.10.4 Textile
11.10.5 Printing Machinery
11.10.6 Semiconductor Equipment
11.10.7 Machine Tools
11.10.8 Aerospace
11.10.9 Medical Devices
11.10.10 Engineering Machinery
11.10.11 Others
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 High Precision Planetary Gear Motors Analysis and Forecast
12.1 Introduction
12.2 Latin America High Precision Planetary Gear Motors 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 High Precision Planetary Gear Motors Market Size Forecast by Type
12.6.1 Right Angle Planetary Gear Motor
12.6.2 Linear Planetary Gear Motor
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 High Precision Planetary Gear Motors Market Size Forecast by Applications
12.10.1 Robotics
12.10.2 Food Processing Machinery
12.10.3 Packaging Machinery
12.10.4 Textile
12.10.5 Printing Machinery
12.10.6 Semiconductor Equipment
12.10.7 Machine Tools
12.10.8 Aerospace
12.10.9 Medical Devices
12.10.10 Engineering Machinery
12.10.11 Others
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) High Precision Planetary Gear Motors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Precision Planetary Gear Motors 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) High Precision Planetary Gear Motors Market Size Forecast by Type
13.6.1 Right Angle Planetary Gear Motor
13.6.2 Linear Planetary Gear Motor
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) High Precision Planetary Gear Motors Market Size Forecast by Applications
13.10.1 Robotics
13.10.2 Food Processing Machinery
13.10.3 Packaging Machinery
13.10.4 Textile
13.10.5 Printing Machinery
13.10.6 Semiconductor Equipment
13.10.7 Machine Tools
13.10.8 Aerospace
13.10.9 Medical Devices
13.10.10 Engineering Machinery
13.10.11 Others
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 High Precision Planetary Gear Motors Market: Competitive Dashboard
14.2 Global High Precision Planetary Gear Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neugart GmbH
14.3.2 Wittenstein SE
14.3.3 SEW-Eurodrive
14.3.4 Flender
14.3.5 Apex Dynamics
14.3.6 Harmonic Drive Systems
14.3.7 Newstart
14.3.8 STOBER
14.3.9 Rouist
14.3.10 Nidec
14.3.11 Hubei Planetary Gearboxes
14.3.12 Sesame Motor
14.3.13 ZF
14.3.14 Sumitomo
14.3.15 PIN HONG TECHNOLOGY
14.3.16 Ningbo ZhongDa Leader
14.3.17 Slhpdm
14.3.18 LI-MING Machinery
14.3.19 Shenzhen Zhikong Technology