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Strain Wave Gearing Devices market was valued at US$ 427 million in 2022 and is anticipated to reach US$ 882.7 million by 2029, witnessing a CAGR of 10.8% - valuates Reports

08-29-2023 08:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Strain Wave Gearing Devices market was valued at US$ 427 million

Strain Wave Gearing Devices market was valued at US$ 427 million in 2022 and is anticipated to reach US$ 882.7 million by 2029, witnessing a CAGR of 10.8% during the forecast period 2023-2029.

Get sample report 0- https://reports.valuates.com/request/sample/QYRE-Auto-2X9575/Global_Strain_Wave_Gearing_Devices_Market_Insights_and_Forecast_to_2028

Strain wave gearing also known as harmonic gearing is a special type of mechanical gear system that can improve certain characteristics compared to traditional gearing systems such as helical gears or planetary gears. 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 provides excellent features not found in other speed reducers.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest market of Strain Wave Gearing Devices who makes up the biggest share of over 80%. Global key players of Strain Wave Gearing Devices are HDSI, Leaderdrive, Zhejiang Laifual, Shenzhen Han's Motion Technology, Nidec-Shimpo, etc. Among them, HDSI is the biggest manufacturer with a share of 50%.

This report aims to provide a comprehensive presentation of the global market for Strain Wave Gearing Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Strain Wave Gearing Devices.
The Strain Wave Gearing Devices market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Strain Wave Gearing Devices market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Segment by Type
Cup Style
Hat Style
Pancake Style

Segment by Application
Industry Robot
Semiconductor Equipment
Flat Panel Equipment
Machine Tools
Optical Machine
Printing, Bookbinding and Paper Machine
Metal Working Machine
Medical Equipment
Space Equipment
Others

Read more - https://reports.valuates.com/market-reports/QYRE-Auto-2X9575/global-strain-wave-gearing-devices

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