Market Overview:
The global precision planetary gearbox market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for precision planetary gearboxes from various applications such as robotics, food processing machinery, packaging machinery, textile, printing machinery, semiconductor equipment, machine tools and aerospace among others. Additionally, the growing demand for miniaturization and higher torque density are also contributing factors to the growth of this market. However, high initial cost and lack of awareness about these products are some of the major restraints hampering the growth of this market.
Product Definition:
A precision planetary gearbox is a device that uses multiple gears to transmit rotational power from one shaft to another. The gears are arranged around a central sun gear, and the output shaft is connected to one or more planet gears that rotate around the sun gear. The planets are held in place by a ring gear, and the whole assembly is enclosed in a housing.
Precision planetary gearboxes are used in many applications where high torque and accuracy are required, such as medical equipment, robotics, and machine tools. They can be custom-built for specific applications or available in standard sizes.
Linear Precision Planetary Gearbox:
Linear precision planetary gearbox is used in various applications such as cranes, construction equipment, automobiles and semiconductor industry. The growth factor of the linear precision planetary gearbox market is dependent on the demand from these industries. In order to meet this demand there are certain challenges which need to be addressed by manufacturers or suppliers such as reduction in size of gears for better performance and cost-effective manufacturing process with high quality standards.
Right Angle Precision Planetary Gearbox:
Precision planetary gearbox is used in applications where high accuracy and stability are required. It consists of several gears, which are mounted on a common carrier. The output shaft of the gearbox is connected to the input shaft by means of spur and helical gears.
Application Insights:
The application segment includes robotics, food processing machinery, packaging machinery, textile, printing machinery, semiconductor equipment and machine tools. Machine tools accounted for the largest share in 2017 owing to their extensive use in manufacturing various industrial components including precision planetary gearboxes. The demand for these types of machines is expected to increase as a result of their high productivity along with rising demand from end-use industries such as aerospace & defense and medical devices.
The engineering machinery segment is also expected to witness considerable growth over the forecast period due to its increasing use in designing and building construction projects across the globe. Precision planetary gears are used extensively by professionals who design & build complex mechanisms that require accurate sizing & dimensioning hence; this application segment is anticipated to grow at a significant rate over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong growth in industrial output, which is likely to propel product demand. Robust manufacturing base of automotive components, consumer electronics, food processing machinery and other industries in China, Japan and South Korea are also contributing toward regional growth.
China accounted for a major share of production owing to cheap labor costs as well as easy access to land. It also benefits from good connectivity with other markets through rail and road networks that facilitate export of products worldwide. Moreover high population coupled with rapid urbanization has resulted into increased demand for consumer goods such as automobiles which will further boost industry expansion across various application segments including aerospace & defense, engineering machinery etc.
Europe was another prominent segment accounting for 21% revenue share in 2017 on account of presence of key manufacturers such as ABB Ltd.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of miniaturization in electronics industry
- Rising demand from the renewable energy sector
- Proliferation of IoT devices and increasing adoption of Industry 4.0 principles
- Growing preference for precision planetary gearboxes over traditional gearboxes
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Planetary Gearbox Market Research Report
By Type
Linear Precision Planetary Gearbox, Right Angle Precision Planetary Gearbox
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, SEW-Eurodrive, Wittenstein SE, Apex Dynamics, Flender, Newstart, Rouist, STOBER, Nidec, Harmonic Drive Systems, Neugart GmbH, KOFON Motion Group, Sesame Motor, 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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Precision Planetary Gearbox Market Report Segments:
The global Precision Planetary Gearbox market is segmented on the basis of:
Types
Linear Precision Planetary Gearbox, Right Angle Precision Planetary Gearbox
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
- SEW-Eurodrive
- Wittenstein SE
- Apex Dynamics
- Flender
- Newstart
- Rouist
- STOBER
- Nidec
- Harmonic Drive Systems
- Neugart GmbH
- KOFON Motion Group
- Sesame Motor
- Sumitomo
- PIN HONG TECHNOLOGY
- Ningbo ZhongDa Leader
- Slhpdm
- LI-MING Machinery
- Shenzhen Zhikong Technology
Highlights of The Precision Planetary Gearbox 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:
- Linear Precision Planetary Gearbox
- Right Angle Precision Planetary Gearbox
- 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 Precision Planetary Gearbox 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
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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?
A precision planetary gearbox is a type of gearbox that uses gears to transfer power between the engine and the wheels. This type of gearbox is designed to provide precise and accurate transmission of power, which can result in improved performance.
Some of the key players operating in the precision planetary gearbox market are Neugart GmbH, SEW-Eurodrive, Wittenstein SE, Apex Dynamics, Flender, Newstart, Rouist, STOBER, Nidec, Harmonic Drive Systems, Neugart GmbH, KOFON Motion Group, Sesame Motor, Sumitomo, PIN HONG TECHNOLOGY, Ningbo ZhongDa Leader, Slhpdm, LI-MING Machinery, Shenzhen Zhikong Technology.
The precision planetary gearbox 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 Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Precision Planetary Gearbox 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 Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Size & Forecast, 2018-2028
4.5.1 Precision Planetary Gearbox Market Size and Y-o-Y Growth
4.5.2 Precision Planetary Gearbox Market Absolute $ Opportunity
Chapter 5 Global Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Size Forecast by Type
5.2.1 Linear Precision Planetary Gearbox
5.2.2 Right Angle Precision Planetary Gearbox
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Precision Planetary Gearbox 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 Precision Planetary Gearbox 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 Precision Planetary Gearbox 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 Precision Planetary Gearbox 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 Precision Planetary Gearbox Analysis and Forecast
9.1 Introduction
9.2 North America Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Size Forecast by Type
9.6.1 Linear Precision Planetary Gearbox
9.6.2 Right Angle Precision Planetary Gearbox
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 Precision Planetary Gearbox 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 Precision Planetary Gearbox Analysis and Forecast
10.1 Introduction
10.2 Europe Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Size Forecast by Type
10.6.1 Linear Precision Planetary Gearbox
10.6.2 Right Angle Precision Planetary Gearbox
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 Precision Planetary Gearbox 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 Precision Planetary Gearbox Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Size Forecast by Type
11.6.1 Linear Precision Planetary Gearbox
11.6.2 Right Angle Precision Planetary Gearbox
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 Precision Planetary Gearbox 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 Precision Planetary Gearbox Analysis and Forecast
12.1 Introduction
12.2 Latin America Precision Planetary Gearbox 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 Precision Planetary Gearbox Market Size Forecast by Type
12.6.1 Linear Precision Planetary Gearbox
12.6.2 Right Angle Precision Planetary Gearbox
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 Precision Planetary Gearbox 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) Precision Planetary Gearbox Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Precision Planetary Gearbox 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) Precision Planetary Gearbox Market Size Forecast by Type
13.6.1 Linear Precision Planetary Gearbox
13.6.2 Right Angle Precision Planetary Gearbox
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) Precision Planetary Gearbox 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 Precision Planetary Gearbox Market: Competitive Dashboard
14.2 Global Precision Planetary Gearbox Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neugart GmbH
14.3.2 SEW-Eurodrive
14.3.3 Wittenstein SE
14.3.4 Apex Dynamics
14.3.5 Flender
14.3.6 Newstart
14.3.7 Rouist
14.3.8 STOBER
14.3.9 Nidec
14.3.10 Harmonic Drive Systems
14.3.11 Neugart GmbH
14.3.12 KOFON Motion Group
14.3.13 Sesame Motor
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
