Market Overview:
The global RV reducer market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the RV reducer market can be attributed to the increasing demand for industrial robots, machine tools, semiconductors, and LEDs and OLEDs across the globe. Additionally, the growing trend of miniaturization is also expected to fuel the demand for RV reducers in various industries over the forecast period. Based on type, spur gear accounted for a majority share of the global RV reducer market in 2017. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its high efficiency and compact size as compared with other types of gears used in RV reducers.
 Reducer Industry Outlook.svg)
Product Definition:
The Rotate Vector (RV) Reducer is used to rotate a vector by a given angle. The importance of the Rotate Vector (RV) Reducer is that it can be used to improve the performance of an application by rotating vectors more efficiently.
Spur Gear:
Spur gear is a type of gear, which has two teeth on the same shaft. The main function of spur gear is to reduce the speed or velocity of a machine when the load factor increases. It does this by reducing the rotational speed and hence reduces torque or effort required to move machinery parts or components.
The most common example where spur gears are used is in automobile transmission systems, where it helps in slowing down engine speeds when vehicle is put into reverse gear.
Differential Gear:
Differential gear is a type of transmission gear that helps in reducing the speed of one or more output shafts. It can be used to reduce the speed of either input or output shafts. The differential gear works by taking two inputs and creating an offset difference between them, thereby producing two reduced speeds. Differential gears are widely used in electric vehicles as they help improve fuel efficiency and vehicle performance by reducing engine loads, which reduces power consumption and heat loss along with it.
Application Insights:
The machine tools industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this industry can be attributed to increasing demand for metal cutting machines across various industries, such as automotive, aerospace and defense. Moreover, spur gear reduces the rotating speed of a machine tool by reducing its angular velocity thus improving power transmission from motor to machine tool.
The LED and OLED industry is expected to witness significant growth over the forecast period owing to high product demand in manufacturing these devices. In addition, manufacturers are investing significantly in research & development activities for developing low-cost solutions that reduce energy consumption during production processes of LEDs and OLEDs. These factors are anticipated to drive market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing industrialization and growing demand for consumer electronics. The region is expected to continue its dominance over the forecast period due to rising investments in automation technology and development of efficient robots. Increasing production of automobiles has also led manufacturers across various industries including semiconductors, automotive, construction, and others adopt these reduction devices for accurate positioning of parts or components during manufacturing processes.
The machine tools industry in Europe is anticipated to witness considerable growth over the coming years on account of technological advancements coupled with high demand from end-users such as aerospace & defense, automotive & transportation equipment manufacturing industries. Moreover, presence of major players such as Koyo Seiki Co., Ltd., FAG M+B Systems GmbH will boost regional growth further.
Growth Factors:
- Increasing demand for data storage: The massive increase in data generation is resulting in the need for more efficient and faster ways to store data. This is providing a major growth driver for the RV market.
- Growing demand for big data analytics: The need to analyze large amounts of data is driving the demand for RV reducers. This helps organizations make better decisions by extracting valuable insights from their big data sets.
- Proliferation of cloud-based services: Cloud-based services are growing at a rapid pace and are expected to account for a majority of IT spending by 2020 . This is providing a major growth driver for RV reducers as they are essential components of cloud infrastructure .
- Emergence of new applications: There are many new applications that require high performance computing (HPC) capabilities, which can be best delivered by using RV reducers . Some examples include machine learning, artificial intelligence, and genomics research .
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotate Vector (RV) Reducer Market Research Report
By Type
Spur Gear, Differential Gear
By Application
Industrial Robot Industry, Machine Tools Industry, Semiconductor Industry, LED and OLED Industry, Others Industry
By Companies
Nabtesco, Sumitomo Drive, SPINEA, Shanghai Like, Shaanxi Qinchuan, Nantong Zhenkang, Hengfengtai, Ningbo Zhongda Leader, Wuhan Jinghua, Shuanghuan Company, Nabtesco
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Rotate Vector (RV) Reducer Market Report Segments:
The global Rotate Vector (RV) Reducer market is segmented on the basis of:
Types
Spur Gear, Differential Gear
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
Industrial Robot Industry, Machine Tools Industry, Semiconductor Industry, LED and OLED Industry, Others Industry
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:
- Nabtesco
- Sumitomo Drive
- SPINEA
- Shanghai Like
- Shaanxi Qinchuan
- Nantong Zhenkang
- Hengfengtai
- Ningbo Zhongda Leader
- Wuhan Jinghua
- Shuanghuan Company
- Nabtesco
 Reducer Market Overview.svg)
Highlights of The Rotate Vector (RV) Reducer 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:
- Spur Gear
- Differential Gear
- By Application:
- Industrial Robot Industry
- Machine Tools Industry
- Semiconductor Industry
- LED and OLED Industry
- Others Industry
- 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 Rotate Vector (RV) Reducer 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
 Reducer Market Statistics.svg)
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?
Rotate Vector (RV) Reducer is a software that helps reduce the size of 3D models. It can be used to reduce the file size of 3D models by removing unnecessary details or by rotating the model so that it is in a more manageable orientation.
Some of the key players operating in the rotate vector (rv) reducer market are Nabtesco, Sumitomo Drive, SPINEA, Shanghai Like, Shaanxi Qinchuan, Nantong Zhenkang, Hengfengtai, Ningbo Zhongda Leader, Wuhan Jinghua, Shuanghuan Company, Nabtesco.
The rotate vector (rv) reducer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size & Forecast, 2018-2028
4.5.1 Rotate Vector (RV) Reducer Market Size and Y-o-Y Growth
4.5.2 Rotate Vector (RV) Reducer Market Absolute $ Opportunity
Chapter 5 Global Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size Forecast by Type
5.2.1 Spur Gear
5.2.2 Differential Gear
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size Forecast by Applications
6.2.1 Industrial Robot Industry
6.2.2 Machine Tools Industry
6.2.3 Semiconductor Industry
6.2.4 LED and OLED Industry
6.2.5 Others Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Analysis and Forecast
9.1 Introduction
9.2 North America Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size Forecast by Type
9.6.1 Spur Gear
9.6.2 Differential Gear
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 Rotate Vector (RV) Reducer Market Size Forecast by Applications
9.10.1 Industrial Robot Industry
9.10.2 Machine Tools Industry
9.10.3 Semiconductor Industry
9.10.4 LED and OLED Industry
9.10.5 Others Industry
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 Rotate Vector (RV) Reducer Analysis and Forecast
10.1 Introduction
10.2 Europe Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size Forecast by Type
10.6.1 Spur Gear
10.6.2 Differential Gear
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 Rotate Vector (RV) Reducer Market Size Forecast by Applications
10.10.1 Industrial Robot Industry
10.10.2 Machine Tools Industry
10.10.3 Semiconductor Industry
10.10.4 LED and OLED Industry
10.10.5 Others Industry
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 Rotate Vector (RV) Reducer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size Forecast by Type
11.6.1 Spur Gear
11.6.2 Differential Gear
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 Rotate Vector (RV) Reducer Market Size Forecast by Applications
11.10.1 Industrial Robot Industry
11.10.2 Machine Tools Industry
11.10.3 Semiconductor Industry
11.10.4 LED and OLED Industry
11.10.5 Others Industry
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 Rotate Vector (RV) Reducer Analysis and Forecast
12.1 Introduction
12.2 Latin America Rotate Vector (RV) Reducer 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 Rotate Vector (RV) Reducer Market Size Forecast by Type
12.6.1 Spur Gear
12.6.2 Differential Gear
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 Rotate Vector (RV) Reducer Market Size Forecast by Applications
12.10.1 Industrial Robot Industry
12.10.2 Machine Tools Industry
12.10.3 Semiconductor Industry
12.10.4 LED and OLED Industry
12.10.5 Others Industry
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) Rotate Vector (RV) Reducer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rotate Vector (RV) Reducer 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) Rotate Vector (RV) Reducer Market Size Forecast by Type
13.6.1 Spur Gear
13.6.2 Differential Gear
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) Rotate Vector (RV) Reducer Market Size Forecast by Applications
13.10.1 Industrial Robot Industry
13.10.2 Machine Tools Industry
13.10.3 Semiconductor Industry
13.10.4 LED and OLED Industry
13.10.5 Others Industry
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 Rotate Vector (RV) Reducer Market: Competitive Dashboard
14.2 Global Rotate Vector (RV) Reducer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nabtesco
14.3.2 Sumitomo Drive
14.3.3 SPINEA
14.3.4 Shanghai Like
14.3.5 Shaanxi Qinchuan
14.3.6 Nantong Zhenkang
14.3.7 Hengfengtai
14.3.8 Ningbo Zhongda Leader
14.3.9 Wuhan Jinghua
14.3.10 Shuanghuan Company
14.3.11 Nabtesco
