Precision Gearbox Market Size, Share & Trends Report

Precision Gearbox Market Size, Share & Trends Analysis Report By Product (Planetary, Harmonic, Cycloid), By Application (Robotics, Military & Aerospace, Materials Handling, Packaging), By Region, And Segment Forecasts, 2024 - 2030

Report ID: GVR-4-68038-007-1
Number of Pages: 108
Format: Electronic (PDF)

Historical Range: 2018 - 2023
Industry: Advanced Materials

Market Segmentation

Precision Gearbox Product Outlook (Revenue, USD Million, 2018 - 2030)
- Planetary
  - High Precision
  - Low Precision
  - Standard Precision
- Harmonic
  - High Precision
  - Low Precision
  - Standard Precision
- Cycloid
  - High Precision
  - Low Precision
  - Standard Precision
Precision Gearbox Application Outlook (Revenue, USD Million, 2018 - 2030)
- Military & Aerospace
- Food, Beverage, & Tobacco
- Machine Tools
- Materials Handling
- Packaging
- Robotics
- Medical
- Others
Precision Gearbox Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
  - North America Precision Gearbox Market, by Product
    - Planetary
      - High Precision
      - Low Precision
      - Standard Precision
    - Harmonic
      - High Precision
      - Low Precision
      - Standard Precision
    - Cycloid
      - High Precision
      - Low Precision
      - Standard Precision
  - North America Precision Gearbox Market, by Application
  - U.S.
    - U.S. Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - U.S. Precision Gearbox Market, by Application
  - Canada
    - Canada Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Canada Precision Gearbox Market, by Application
  - Mexico
    - Mexico Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Mexico Precision Gearbox Market, by Application
- Europe
  - Europe Precision Gearbox Market, by Product
    - Planetary
      - High Precision
      - Low Precision
      - Standard Precision
    - Harmonic
      - High Precision
      - Low Precision
      - Standard Precision
    - Cycloid
      - High Precision
      - Low Precision
      - Standard Precision
  - Europe Precision Gearbox Market, by Application
  - Germany
    - Germany Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Germany Precision Gearbox Market, by Application
  - UK
    - UK Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - UK Precision Gearbox Market, by Application
  - France
    - France Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - France Precision Gearbox Market, by Application
  - Italy
    - Italy Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Italy Precision Gearbox Market, by Application
  - Spain
    - Spain Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Spain Precision Gearbox Market, by Application
- Asia Pacific
  - Asia Pacific Precision Gearbox Market, by Product
    - Planetary
      - High Precision
      - Low Precision
      - Standard Precision
    - Harmonic
      - High Precision
      - Low Precision
      - Standard Precision
    - Cycloid
      - High Precision
      - Low Precision
      - Standard Precision
  - Asia Pacific Precision Gearbox Market, by Application
  - China
    - China Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - China Precision Gearbox Market, by Application
  - Japan
    - Japan Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Japan Precision Gearbox Market, by Application
  - South Korea
    - South Korea Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - South Korea Precision Gearbox Market, by Application
- Central & South America
  - Central & South America Precision Gearbox Market, by Product
    - Planetary
      - High Precision
      - Low Precision
      - Standard Precision
    - Harmonic
      - High Precision
      - Low Precision
      - Standard Precision
    - Cycloid
      - High Precision
      - Low Precision
      - Standard Precision
  - Central & South America Precision Gearbox Market, by Application
  - Brazil
    - Brazil Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Brazil Precision Gearbox Market, by Application
  - Argentina
    - Argentina Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Argentina Precision Gearbox Market, by Application
- Middle East & Africa
  - Middle East & Africa Precision Gearbox Market, by Product
    - Planetary
      - High Precision
      - Low Precision
      - Standard Precision
    - Harmonic
      - High Precision
      - Low Precision
      - Standard Precision
    - Cycloid
      - High Precision
      - Low Precision
      - Standard Precision
  - Middle East & Africa Precision Gearbox Market, by Application
  - Saudi Arabia
    - Saudi Arabia Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - Saudi Arabia Precision Gearbox Market, by Application
  - UAE
    - UAE Precision Gearbox Market, by Product
      - Planetary
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Harmonic
        
        High Precision
        
        Low Precision
        
        Standard Precision
      - Cycloid
        
        High Precision
        
        Low Precision
        
        Standard Precision
    - UAE Precision Gearbox Market, by Application
      - Military & Aerospace
      - Food, Beverage, & Tobacco
      - Machine Tools
      - Materials Handling
      - Packaging
      - Robotics
      - Medical
      - Others

Powder Metallurgy Market Dynamics

Driver: Rising product demand in robotics

Increasing installation of robots in industrial settings, has empowered manufacturers to implement the technology across various industrial sectors and production phases. The implementation of automation technology throughout the production process is likely to propel the demand for installation of robots. Rising use of robots in the industrial processes enables the human employees to focus more on the intellectually demanding projects, reduce risks related to dangerous tasks, lower overall operational costs, and improve the quality. In addition, the governments and companies operating across the world are focusing on providing the right skills that are needed to work with robots and intelligent automation systems. The policies and strategies promoting the use of robots is important to accelerate the transition towards automation.

Precision gearbox is increasingly used in conventional articulated arm robots to transfer rotational forces between axles. The gearbox used in the robots is a part of the joints in robot arms. The gearboxes determine the speed and direction of the motion. These precision gearboxes are the link between the motor that supplies the drive energy and a machine component that has the task of executing a planned movement. Therefore, expansion of the robotics industry across the globe us projected to result in rising use of precision gearbox, thereby benefiting the market growth over the forecast period.

Driver: Increasing adoption of precision gearbox across several industries

Major industries including cement, sugar, paper, and rubber industries are increasingly using precision gearboxes to complete their processes. The gearbox manufacturers are focusing on creating technologically advanced machines which help in minimizing energy cost and enable the companies to fulfil the industrial processes efficiently. Industrial gearboxes offer higher efficiency and are increasingly used in the high-powered transmission systems and machines. Precision gearboxes provide a mechanical advantage when it is mounted to the motor output shaft.

Moreover, a gearbox helps in matching motor inertia to load inertia, that results in a more responsive system. Rapid start and- stop applications benefit most from well-matched motor and load inertias. The use of gearboxes to multiply torque, match inertia, and reduce speed further minimizes the system cost owing to the use of smaller motors and drives. In addition, the in-line gearboxes are commonly used for controlling the motion applications as it has high torque output and lower backlash as compared to the right-angled gearboxes. The food-processing industry requires products that are capable of withstanding temperature extremes and harsh washdowns. Integrated gear motors are increasingly used to eliminate the motor gearhead seam that is meant to trap water and food. The rising adoption of gearbox across various industries including food & beverage, material handling, packaging, robotics, machine tools, medical, and others are likely to propel the precision gearbox market growth.

Restraint: Growing demand for direct-drive actuators

The complete elimination of gearbox results in reduced weight of the system and low cost. The use of direct-drive actuators instead of gearboxes minimizes the cost by nearly 50%. Inertia that builds up in a vehicle makes it difficult to stop quickly. Elimination of gearbox implies that there is lack of inertia, which helps in safeguarding the robots and machines. In addition, backlash in a geared system often requires complex programming to assist in improving precision This needs to be constantly recalibrated and is time consuming. Moreover, use of gearbox requires frequent repair, replacement, and lubrication, thus increasing the maintenance cost. The benefits such as low system complexity, cost efficiency, and requirement of low maintenance services accelerates the demand for direct-drive actuators in robotics for industrial and non-factory use. In addition, new properties are used in the actuators such as Amplified magnetics, Structural-magnetic synergy, and Thermodynamic anomaly, which allows the robotic design to operate without gears. However, the direct-drive actuator system lacks precision in movements and the cumbersome design has held back their potential. The technology used in designing the actuators is not evolving. Lack of reengineering of the actuator systems has slowed down its adoption across various application industries. Thus, with elimination of gearbox and continuous development in direct-drive actuator systems, the product is likely to improve the performance of the machine and gain high demand. This is likely to restrict the precision gearbox market growth

What Does This Report Include?

This section will provide insights into the contents included in this powder metallurgy market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Powder Metallurgy market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Powder Metallurgy market quantitative analysis

Market size, estimates, and forecast from 2017 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

Or view our licence options:

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

ESOMAR certified & member

ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.