The Global Industrial Robot Speed Reducer Market size is projected to grow from USD 4.5 billion in 2020 to USD X.X billion by 2028, at a CAGR of 5.2% during the forecast period (2021-2028). The major drivers for this industry are continuous innovation and technological advancements in robotic technologies; increasing demand for lightweight materials; and growing need for precision assembly of small components or products, which requires high accuracy when welding or assembling parts together.
Industrial robot speed reducers are power transmission device that directly drives the linear motion of a motor. They allow an electrical machine to operate at different speeds while maintaining constant torque and angular velocity. Industrial robot speed reducers, as the name suggests reduce the speed of a machine or any other mechanism. These are mainly used in robots and automation machines such as welding, spray painting, and stacking robotic arms.
On the basis of Type, the global industrial robot speed reducer market is segmented into Harmonic Reducers, RV (Revolving Vanes) Reducer, Planet Speed Reducers.
Harmonic Reducer is a type of industrial robot speed reducer. It uses a harmonic drive system to obtain the required reduction ratio and provide high torque with low backlash power transmission in a compact size. Harmonic Reducer has several advantages such as it can be customized for different applications, small footprint, no noise & maintenance-free operation, etc., thus making them one of the most preferred components among manufacturers of robots globally. Its features are: - Reduction in the speed of a motor by using an integrated gearbox. - Designed to reduce high speeds which are found in robots and conveyor belts. - The best fit for high-speed applications including arc welding, spray painting, and material handling.
RV (Revolving Vanes) Reducer type of industrial robot speed reducer is one that provides constant output torque. It has high efficiency, low noise, and vibration levels which make them an ideal choice for applications requiring a smooth motion. They are suitable for dry running conditions but can also be hydraulic or pneumatic in most cases with the help of an additional valve block. The RV motor works on a revolving vane principle where vaned blades rotate against each other to change the direction of the transfer from the input shaft to the output shaft without any significant loss in power transmission capacity at higher speeds. The advantages include less wear & tear due to minimum frictional losses, longer life span because no lubrication is required and it is easier to mount and maintain. The RV reducers offer a long service life and the capacity to handle high speeds in an energy-efficient manner.
Planet speed reducers are the type of industrial robot speed reducer which is used in order to reduce the rotational speed. It can be either chain-driven or multi-belt depending on its applications. Planet speed reducers are made up of planetary gearboxes, they can also be called epicyclic-geared couplings. They consist of a carrier that is mounted onto the motor shaft and sun gears that mesh with one another to provide a reduction in rotational speed. Planet speed reducers are mostly used in welding robots.
On the basis of Application, the global industrial robot speed reducer market is segmented into Welding Robot, Spray Robot, Stacking Robotic Arm, and Others.
On the basis of Region, the global industrial robot speed reducer market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). North America accounts for a significant revenue share in the Industrial robot speed reducers Market and is expected to maintain its dominance over the forecast period as well. In 2017, Asia Pacific dominated with more than 30% of total revenue share followed by Europe than North America. The region will continue to dominate over the next few years due to rising demand from the automotive industry owing to growing investments & economic activities especially in China and India along with growing demand from the consumer electronics and construction industry. Moreover, growing manufacturing activities in countries such as India and China has led to an increase in the number of factories which, further fuels the growth of the global industrial robot speed reducer market. Furthermore, the rise in adoption of robotic technology by small & medium scale enterprises (SME) coupled with government initiatives towards the promotion of robotics also drives the growth of this regional segment. North America is expected to hold the major market share in the global industrial robot speed reducer industry during the forecast period. Moreover, growing manufacturing activities in this region are expected to drive the growth of the regional market over the next seven years. Latin America is projected to exhibit the highest CAGR during 2016 – 2028 owing to increasing adoption by SMEs coupled with rising labor costs associated with human-based workforce are some factors that boost up its demand among manufacturers.
The industrial robot speed reducer market is expected to have a bright growth due to the increasing adoption of industrial robots across various industries. Automation in manufacturing has increased significantly over the past few years, which has led to great demand for industrial robots among manufacturers. Moreover, growing labor costs and shortage of skilled labor are other factors driving the growth of the global industrial robot speed reducer market.
Up Market Research published a new report titled “Industrial Robot Speed Reducer Market research report which is segmented by Types (RV Reducers, Harmonic Reducers, Planet Speed Reducers), By Applications (Welding Robot, Spray Robot, Stacking Robot, Others), By Players/Companies Nabtesco, Harmonic Drive, Acestep, Shaanxi Qinchuan Machinery Development, Shanghai Mechanical and Electrical Industry, Nantong Zhenkang, Hengfengtai Precision Machinery”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Industrial Robot Speed Reducer Market Research Report
|RV Reducers, Harmonic Reducers, Planet Speed Reducers
|Welding Robot, Spray Robot, Stacking Robot, Others
|Nabtesco, Harmonic Drive, Acestep, Shaanxi Qinchuan Machinery Development, Shanghai Mechanical and Electrical Industry, Nantong Zhenkang, Hengfengtai Precision Machinery
|North America, Europe, APAC, Latin America, MEA
|2018 to 2019 (Data from 2010 can be provided as per availability)
|Number of Pages
|Number of Tables & Figures
|Yes, the report can be customized as per your need.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type RV Reducers, Harmonic Reducers, Planet Speed Reducers and By Application Welding Robot, Spray Robot, Stacking Robot, Others.
Some of the companies that are profiled in this report are:
Industrial Robot Speed Reducer Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Industrial Robot Speed 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 2028.
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