Press release
Harmonic Gear Drive Market will reach 900 million US$ in 2023
Harmonic Gear Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It provides excellent features not found in other speed reducers.
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Global Harmonic Gear Drive Market: Forecast by Type / Application / Region
From a global perspective, Japan currently holds the core technology of harmonic drive reducers and forms a technical barrier to high-performance reducers. It is difficult for companies in other regions to reach their technical level. In China, the number of companies producing harmonic drive is about ten or so, and most of them are not scaled up. They are only satisfied with the needs of the low-end market and have a small scale, and they are positioned as low-end product markets.
In the United States, Canada, and South Korea also have R&D and production companies.
HDSI is the dominant worldwide supplier of harmonic drive, there are other small manufacturers in China, North America and other region. Therefore, market share concentration is highly concentrated.
The worldwide market for Harmonic Gear Drive is expected to grow at a CAGR of roughly 16.0% over the next five years, will reach 900 million US$ in 2023, from 370 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Harmonic Gear Drive in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
HDSI
Leaderdrive
Beijing CTKM Harmonic Drive
BHDI
Zhejiang Laifual
Nidec-Shimpo
BENRUN Robot
Cone Drive
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Related Information:
United States Harmonic Gear Drive Market 2018 Forecast to 2023
Europe Harmonic Gear Drive Market 2018 Forecast to 2023
North America Harmonic Gear Drive Market 2018 Forecast to 2023
Asia-Pacific Harmonic Gear Drive Market 2018 Forecast to 2023
China Harmonic Gear Drive Market 2018 Forecast to 2023
EMEA Harmonic Gear Drive Market 2018 Forecast to 2023
Global Harmonic Gear Drive Market 2018 Forecast to 2023
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Harmonic Drive Market :
Harmonic Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It…
