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Global Industrial Robot Speed Reducer Market by Type (RV Reducers, Harmonic Reducers, Planet Speed Reducers), By Application (Welding Robot, Spray Robot, Stacking Robot, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ME-50135
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 99
  • No. Of Pages: 209
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  • Pub. Date: 2021-04-04
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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 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:

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:

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.

 

 

Growth Factors For The Global Industrial Robot Speed Reducer Market:

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.

 

Report Scope

Report Attributes Report Details
Report Title Industrial Robot Speed Reducer Market Research Report
By Type RV Reducers, Harmonic Reducers, Planet Speed Reducers
By Application Welding Robot, Spray Robot, Stacking Robot, Others
By Companies Nabtesco, Harmonic Drive, Acestep, Shaanxi Qinchuan Machinery Development, Shanghai Mechanical and Electrical Industry, Nantong Zhenkang, Hengfengtai Precision Machinery
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 209
Number of Tables & Figures 147
Customization Available 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.


Global Industrial Robot Speed Reducer Industry Outlook
 

Global Industrial Robot Speed Reducer Market Report Segments:

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:

  1. Nabtesco
  2. Harmonic Drive
  3. Acestep
  4. Shaanxi Qinchuan Machinery Development
  5. Shanghai Mechanical and Electrical Industry
  6. Nantong Zhenkang
  7. Hengfengtai Precision Machinery
 

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.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Industrial Robot Speed Reducer Market
 

Overview of the regional outlook of the Industrial Robot Speed Reducer Market:

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.


Industrial Robot Speed Reducer Market Overview
 

Highlights of The Industrial Robot Speed Reducer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Industrial Robot Speed Reducer Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. RV Reducers

                2. Harmonic Reducers

                3. Planet Speed Reducers

       7. By Application:

                1. Welding Robot

                2. Spray Robot

                3. Stacking Robot

                4. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

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.

 

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

Industrial Robot Speed Reducer Market Statistics
 

Reasons to Purchase the Industrial Robot Speed Reducer Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Industrial Robot Speed 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 Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size & Forecast, 2018-2028 
      4.5.1 Industrial Robot Speed Reducer Market Size and Y-o-Y Growth 
      4.5.2 Industrial Robot Speed Reducer Market Absolute $ Opportunity 


Chapter 5 Global Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size Forecast by Type
      5.2.1 RV Reducers
      5.2.2 Harmonic Reducers
      5.2.3 Planet Speed Reducers
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size Forecast by Applications
      6.2.1 Welding Robot
      6.2.2 Spray Robot
      6.2.3 Stacking Robot
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Industrial Robot Speed 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 Industrial Robot Speed 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 Industrial Robot Speed Reducer Analysis and Forecast
   9.1 Introduction
   9.2 North America Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size Forecast by Type
      9.6.1 RV Reducers
      9.6.2 Harmonic Reducers
      9.6.3 Planet Speed Reducers
   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 Industrial Robot Speed Reducer Market Size Forecast by Applications
      9.10.1 Welding Robot
      9.10.2 Spray Robot
      9.10.3 Stacking Robot
      9.10.4 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 Industrial Robot Speed Reducer Analysis and Forecast
   10.1 Introduction
   10.2 Europe Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size Forecast by Type
      10.6.1 RV Reducers
      10.6.2 Harmonic Reducers
      10.6.3 Planet Speed Reducers
   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 Industrial Robot Speed Reducer Market Size Forecast by Applications
      10.10.1 Welding Robot
      10.10.2 Spray Robot
      10.10.3 Stacking Robot
      10.10.4 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 Industrial Robot Speed Reducer Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size Forecast by Type
      11.6.1 RV Reducers
      11.6.2 Harmonic Reducers
      11.6.3 Planet Speed Reducers
   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 Industrial Robot Speed Reducer Market Size Forecast by Applications
      11.10.1 Welding Robot
      11.10.2 Spray Robot
      11.10.3 Stacking Robot
      11.10.4 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 Industrial Robot Speed Reducer Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Industrial Robot Speed 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 Industrial Robot Speed Reducer Market Size Forecast by Type
      12.6.1 RV Reducers
      12.6.2 Harmonic Reducers
      12.6.3 Planet Speed Reducers
   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 Industrial Robot Speed Reducer Market Size Forecast by Applications
      12.10.1 Welding Robot
      12.10.2 Spray Robot
      12.10.3 Stacking Robot
      12.10.4 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) Industrial Robot Speed Reducer Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Industrial Robot Speed 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) Industrial Robot Speed Reducer Market Size Forecast by Type
      13.6.1 RV Reducers
      13.6.2 Harmonic Reducers
      13.6.3 Planet Speed Reducers
   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) Industrial Robot Speed Reducer Market Size Forecast by Applications
      13.10.1 Welding Robot
      13.10.2 Spray Robot
      13.10.3 Stacking Robot
      13.10.4 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 Industrial Robot Speed Reducer Market: Competitive Dashboard
   14.2 Global Industrial Robot Speed Reducer Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Nabtesco
      14.3.2 Harmonic Drive
      14.3.3 Acestep
      14.3.4 Shaanxi Qinchuan Machinery Development
      14.3.5 Shanghai Mechanical and Electrical Industry
      14.3.6 Nantong Zhenkang
      14.3.7 Hengfengtai Precision Machinery
Segments Covered in the Report
The global Industrial Robot Speed Reducer market has been segmented based on

By Types
  • RV Reducers
  • Harmonic Reducers
  • Planet Speed Reducers
By Applications
  • Welding Robot
  • Spray Robot
  • Stacking Robot
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Nabtesco
  • Harmonic Drive
  • Acestep
  • Shaanxi Qinchuan Machinery Development
  • Shanghai Mechanical and Electrical Industry
  • Nantong Zhenkang
  • Hengfengtai Precision Machinery

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