Press release
RV Reducer Market to Witness Robust Expansion by 2024– Top Key players like Nabtesco,Sumitomo Drive,SPINEA,Inc.
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RV (Rotate Vector) reducer derived from the planetary reducer, consisting of the front stage of a planetary gear reducer and the rear stage of a cycloid reducer. The RV reducer has the characteristics of compact structure, lightweight, large gear ratio, high positioning accuracy and transmission machinery with self-locking function under certain conditions. It is one of the most commonly used reducers.
From a global perspective, Japan currently holds the core technology of RV Reducer 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 RV Reducer 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 this study, the market for the RV Reducer consumption divided into six geographic regions. Japan RV Reducer market size was valued at USD 702.86 million in 2017, followed by China and Europe.
The global RV Reducer market is valued at 1380 million US$ in 2018 is expected to reach 2210 million US$ by the end of 2025, growing at a CAGR of 6.9% during 2019-2025.
Market Segment by Manufacturers, this report covers
Nabtesco
Sumitomo Drive
SPINEA
Shanghai Like
Shaanxi Qinchuan
Nantong Zhenkang
Hengfengtai
Ningbo Zhongda Leader
Wuhan Jinghua
Shuanghuan Company
Market Segment by Type, covers
Spur Gear
Differential Gear
Market Segment by Applications, can be divided into
Industrial Robot Industry
Machine Tools Industry
Semiconductor Industry
LED and OLED Industry
Others Industry
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Related Information:
North America RV Reducer Market Growth 2019-2024
United States RV Reducer Market Growth 2019-2024
Asia-Pacific RV Reducer Market Growth 2019-2024
Europe RV Reducer Market Growth 2019-2024
EMEA RV Reducer Market Growth 2019-2024
Global RV Reducer Market Growth 2019-2024
China RV Reducer Market Growth 2019-2024
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