Market Overview:
The Global Harmonic Drive System Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for harmonic drive systems in industrial robots, semiconductor equipment, flat panel equipment, machine tools and optical machines applications. Additionally, the growing trend of miniaturization in various industries is also fueling the demand for harmonic drive systems. However, factors such as high installation and maintenance costs may restrain the market growth during the forecast period.
Product Definition:
A harmonic drive system is a type of gear system that uses elastomeric elements to transmit torque. The harmonic drive system is important because it allows for high precision and low backlash.
Cup Style:
Cup-style harmonic drive systems are used in various applications such as printing, scanning, and copiers. They are also used in medical equipment such as X-ray machines and MRI scanners. The system comprises of a cup or cover that is placed over the mainframe to protect it from dust and other foreign particles that may get into the machine.
Hat Style:
The hat style is used in the Harmonic Drive System (HDS) market. The HDS uses a combination of multiple power supplies to generate an electrical current for the motor, which drives it. There are two types of hats used in HDS namely switching and non-switching hats. A switching hat has two outputs while a non-switching one has only one output.
A switching mechanism is incorporated inside the device that enables it to convert AC into DC.
Application Insights:
The industry robot application segment accounted for the largest share of over 30.0% in 2017. The growth can be attributed to increasing demand for industrial robots from manufacturing and automotive sectors, which are witnessing significant expansion activities across the globe. Harmonic drives assist industrial robots in moving around easily and safely, which further boosts their adoption rate among major manufacturers such as KUKA, ABB, YASKAWA Europe GmbH., Fanuc Robotics Europe BV., etc.
The semiconductor equipment application segment is expected to expand at a CAGR of XX% over the forecast period owing to growing demand for various electronic products such as smartphones and laptops coupled with technological advancements in chipsets every year since 2010¢â‚¬â€œ2016 (decade-long cycle). This trend has led semiconductor equipment manufacturers including Advanced Micro Devices Inc., ARM Holdings plc, Freescale Semiconductor Inc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in automation, rising labor costs, and demand for energy-efficient drives. Moreover, growing industrialization coupled with favorable government policies aimed at promoting manufacturing activities is anticipated to drive regional market growth.
The European region accounted for a significant share of revenue in 2017 owing to high adoption of Harmonic Drives Systems (HDS) across several industries including automotive, transportation & logistics (T&L), industrial machinery & equipment among others. Growing demand for HDS systems from end-use markets such as electronics and automotive among other sectors due to their improved performance characteristics as comparedto conventional DC motors is expected favorably impact the regional market growth over the forecast period.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and automotive sectors
- Growing trend of automation in manufacturing sector
- Rising popularity of electric vehicles and hybrid vehicles
- Proliferation of robotics across various industrial sectors
- Emergence of Industry 4.0
Scope Of The Report
Report Attributes
Report Details
Report Title
Harmonic Drive System Market Research Report
By Type
Cup Style, Hat Style
By Application
Industry Robot, Semiconductor Equipment, Flat Panel Equipment, Machine Tools, Optical Machine
By Companies
HDSI, Leaderdrive, Beijing CTKM Harmonic Drive, BHDI, Zhejiang Laifual, Nidec-Shimpo, BENRUN Robot, Cone Drive
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Harmonic Drive System Market Report Segments:
The global Harmonic Drive System market is segmented on the basis of:
Types
Cup Style, Hat 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
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
Highlights of The Harmonic Drive System 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
- By Application:
- Industry Robot
- Semiconductor Equipment
- Flat Panel Equipment
- Machine Tools
- Optical Machine
- 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 Drive System 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?
The harmonic drive system is a type of automatic transmission that uses the principles of resonance and vibration to increase the efficiency of gear shifting. It was first developed in the early 1900s, and became popularized in cars during the 1960s.
Some of the major players in the harmonic drive system market are HDSI, Leaderdrive, Beijing CTKM Harmonic Drive, BHDI, Zhejiang Laifual, Nidec-Shimpo, BENRUN Robot, Cone Drive.
The harmonic drive system market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Harmonic Drive System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Harmonic Drive System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Harmonic Drive System Market - Supply Chain
4.5. Global Harmonic Drive System Market Forecast
4.5.1. Harmonic Drive System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Harmonic Drive System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Harmonic Drive System Market Absolute $ Opportunity
5. Global Harmonic Drive System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Harmonic Drive System Market Size and Volume Forecast by Type
5.3.1. Cup Style
5.3.2. Hat Style
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Harmonic Drive System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Harmonic Drive System Market Size and Volume Forecast by Application
6.3.1. Industry Robot
6.3.2. Semiconductor Equipment
6.3.3. Flat Panel Equipment
6.3.4. Machine Tools
6.3.5. Optical Machine
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Harmonic Drive System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Harmonic Drive System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Harmonic Drive System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Harmonic Drive System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Harmonic Drive System Demand Share Forecast, 2019-2026
9. North America Harmonic Drive System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Harmonic Drive System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Harmonic Drive System Market Size and Volume Forecast by Application
9.4.1. Industry Robot
9.4.2. Semiconductor Equipment
9.4.3. Flat Panel Equipment
9.4.4. Machine Tools
9.4.5. Optical Machine
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Harmonic Drive System Market Size and Volume Forecast by Type
9.7.1. Cup Style
9.7.2. Hat Style
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Harmonic Drive System Demand Share Forecast, 2019-2026
10. Latin America Harmonic Drive System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Harmonic Drive System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Harmonic Drive System Market Size and Volume Forecast by Application
10.4.1. Industry Robot
10.4.2. Semiconductor Equipment
10.4.3. Flat Panel Equipment
10.4.4. Machine Tools
10.4.5. Optical Machine
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Harmonic Drive System Market Size and Volume Forecast by Type
10.7.1. Cup Style
10.7.2. Hat Style
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Harmonic Drive System Demand Share Forecast, 2019-2026
11. Europe Harmonic Drive System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Harmonic Drive System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Harmonic Drive System Market Size and Volume Forecast by Application
11.4.1. Industry Robot
11.4.2. Semiconductor Equipment
11.4.3. Flat Panel Equipment
11.4.4. Machine Tools
11.4.5. Optical Machine
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Harmonic Drive System Market Size and Volume Forecast by Type
11.7.1. Cup Style
11.7.2. Hat Style
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Harmonic Drive System Demand Share, 2019-2026
12. Asia Pacific Harmonic Drive System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Harmonic Drive System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Harmonic Drive System Market Size and Volume Forecast by Application
12.4.1. Industry Robot
12.4.2. Semiconductor Equipment
12.4.3. Flat Panel Equipment
12.4.4. Machine Tools
12.4.5. Optical Machine
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Harmonic Drive System Market Size and Volume Forecast by Type
12.7.1. Cup Style
12.7.2. Hat Style
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Harmonic Drive System Demand Share, 2019-2026
13. Middle East & Africa Harmonic Drive System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Harmonic Drive System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Harmonic Drive System Market Size and Volume Forecast by Application
13.4.1. Industry Robot
13.4.2. Semiconductor Equipment
13.4.3. Flat Panel Equipment
13.4.4. Machine Tools
13.4.5. Optical Machine
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Harmonic Drive System Market Size and Volume Forecast by Type
13.7.1. Cup Style
13.7.2. Hat Style
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Harmonic Drive System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Harmonic Drive System Market: Market Share Analysis
14.2. Harmonic Drive System Distributors and Customers
14.3. Harmonic Drive System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HDSI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Leaderdrive
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Beijing CTKM Harmonic Drive
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BHDI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zhejiang Laifual
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nidec-Shimpo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BENRUN Robot
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cone Drive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
