Title: Precision Gear Market - Forecast (2022 - 2027)
1Precision Gear Market - Forecast(2022 - 2027)
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- Precision Gear Market is forecast to reach
684million by 2025, growing at a CAGR 6.4 from
2020 to 2025. Precision gearboxes are designed
specifically for applications where extreme
accuracy and precision are essential. - They are also machined to high tolerances and
offer high efficiencies up to or above 90.
Moreover, they are more compact and feature low
noise operation compared to conventional
gearboxes. Consequently, they are commonly used
in machine tools, robotics, material handling,
packaging, and food processing equipment.
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- Key Takeaways
- Growing demand from various applications
industries, in particular packaging, robotics and
the military, is expected to drive precision gear
market growth. - The robotics sector is the largest consumer of
precision gearboxes, and is expected to expand at
a significant rate in the near term. This is due
to the growing use of humanoid artificial joints
and limbs.
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- By Distribution Channel- Segment Analysis
- During the forecast period, the planetary gearbox
segment is expected to grow at a CAGR of
6.1.Planetary precision gearboxes account for
approximately three quarters of the market share
of precision gearboxes, as they give high
accuracy and reliability for various
applications. - Such gearboxes also have very low backlash
ratings, i.e. 1-9 arc-min with service life of
more than 20,000 hours with the minimum
maintenance.
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- Precision Gear Market
- Siemens AG
- SEW Eurodrive Group
- Brevini
- ABB
- Emerson Electric Company
- Rexnord Corporation
- Anaheim Automation
- Cone Drive Engineering
- Premium Transmission
- Allied Precision Gears Inc
- Ashoka Machine Tools Corporation.
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Precision Gear Market Learn More About the
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- Analyst Briefing
- Data Tables
- Key Contacts
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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