Precision Strain Wave Reducer Gearboxes and RV and RD Reducers: 2018 to 2024 | Harmonic Drive, Sumitomo Heavy Industries, Beijing CTKM Precision Gearbox, Leaderdrive, Zhejiang Laifu

The leading vendors in the Precision Gearbox industry have invested in high-quality technology and processes to develop leading edge reducer strain relief gearbox capability.

Other vendors are working to catch up. Precision Gearbox market driving forces relate primarily to the implementation of speed reduction capability for robots and wind turbines initially, providing industrial controls that are compelling.
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Revenue for harmonic drives was $838 million in 2017, and products are expected to generate revenue of $3.517 billion by 2024. Strong growth is the result of increasing use in industrial robots as they become integrated and able to perform multiple functions sequentially in an automated manner. Precision Gearbox reduction gearboxes are presented many new market opportunities from multiple types of applications. The VNTOL aircraft uses the drive reduction to enable vertical takeoff This lifts off like a helicopter and files like an airplane.

Demanding applications for the gear box include surgical robots. By application category, there was a substantial year-on-year increase in sales for industrial robots used on production lines for smartphones, tablet devices, household appliances, automobiles, and other products.

“High gear ratios, light weight, reconfigurable ratios within a standard housing, good resolution, and repeatability are features of the devices. Devices work when repositioning internal loads, they have high torque capability, coaxial input, and coaxial output.”

Companies Profiled

Market Leaders

- Harmonic Drive
- Sumitomo Heavy Industries
- Beijing CTKM Precision Gearbox
- Leaderdrive
- Zhejiang Laifu
- Nidec-Shimpo
- Cone Drive

Market Participants

- Beijing Precision Gearbox Technology Institute (BHDI)
- Beijing Zhong Ke Ke Mei Precision Gearbox Limited Liability Company
- China Precision Gearbox (CHD®)
- Motion Control Products
- Nabtesco
- Nidec-Shimpo
- Parker Bayside
- Suzhou Green Precision Gearbox Technology Co., Ltd.
- Totel Industry Group / Ningbo Haishu Totel Imp. & Exp. Co., Ltd.
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Key Topics

- Precision Gearbox
- Precision Strain Wave
- Reducer Gearboxes
- RV and RD Reducers
- Industrial Robotic Drive
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