Ontario, CA -- (SBWire) -- 03/24/2020 --The burgeoning development of industrial robots is facilitated by the two below. First, the applied markets -automobile, high-end equipment manufacturing, and electronics & appliances- have developed radically; second, the innovation capability of Chinese industrial robots has been improved progressively and localization of core components has risen.
Concerning robot types, articulated handling robot still prevailed in 2018, and its strong sales growth serves as a stimulus for the quality improvement of Chinese robots. By application, handling and welding robots are still in a dominant position, and the sales volume of robots for processing (laser cutting, mechanical cutting, deburring, polishing, etc.) also increased a lot.
In 2019, the Industrial Robot Speed Reducer Market is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Speed reducer, controller and servo system are the core components of an industrial robot, sharing more than 70% of the total cost. In recent years, China has made remarkable progress in the localization of controllers and servo systems but has tried in vain in mass production of speed reducers due to the high technical barriers.
The Chinese speed reducer market has been monopolized by Japanese companies (Nabtesco's RV speed reducers occupy about 60%, and Harmonica's harmonic speed reducers make up about 15%), while Chinese players rely on imports heavily. In the future, only breakthroughs have been made in speed reducer can bring a rosy outlook for Chinese robots.
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Segment by Key players:
- Nabtesco
- Harmonic Drive
- Acestep
- Shaanxi Qinchuan Machinery Development
- Shanghai Mechanical and Electrical Industry
- Nantong Zhenkang
- Hengfengtai Precision Machinery
Segment by Type:
- RV Reducers
- Harmonic Reducers
- Planet Speed Reducers
Segment by Application:
- Welding Robot
- Spray Robot
- Stacking Robot
- Others
Segment by Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Table of Content:
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Robot Speed Reducer 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. Industrial Robot Speed Reducer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Robot Speed Reducer Market - Supply Chain
4.5. Global Industrial Robot Speed Reducer Market Forecast
4.5.1. Industrial Robot Speed Reducer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Robot Speed Reducer Market Size (000' Units) and Y-o-Y Growth
4.5.3. Industrial Robot Speed Reducer Market Absolute $ Opportunity
5. Global Industrial Robot Speed Reducer 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. Industrial Robot Speed Reducer Market Size and Volume Forecast by Type
5.3.1. Fabricated Frame
5.3.2. Tube and Coupler
5.3.3. Mobile
5.3.4. Pole
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Robot Speed Reducer 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. Industrial Robot Speed Reducer Market Size and Volume Forecast by Application
6.3.1. Personal Decoration
6.3.2. Commercial Decoration
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Robot Speed Reducer 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. Industrial Robot Speed Reducer 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 Industrial Robot Speed Reducer 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. Industrial Robot Speed Reducer 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 Industrial Robot Speed Reducer Demand Share Forecast, 2019-2029
Continued……
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Industrial Robot Speed Reducer Market Emerging Trends : Leading Players Are Nabtesco, Harmonic Drive, Acestep
In 2019, the Industrial Robot Speed Reducer Market is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019.