PUBLISHER: QYResearch | PRODUCT CODE: 1298000
PUBLISHER: QYResearch | PRODUCT CODE: 1298000
Due to the COVID-19 pandemic, the global Precision Planetary Reducer market size was US$ 1,214.17 million in 2022 and is forecast to a readjusted size of US$ 2,077.05 million by 2029 with a CAGR of 8.33% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Linear Planetary Gear Reducers accounting for 65.15% of the Precision Planetary Reducer global market in 2022, is projected to value US$ 1,443.88 million by 2029, growing at a revised 9.36% CAGR from 2023 to 2029.
The United States Precision Planetary Reducer market size was US$ 190.63 million in 2022, while China was US$ 532.05 million. The proportion of the United States was 15.70% in 2022, while China percentage was 43.82%, and it is predicted that China share will reach 52.21% in 2029, trailing a CAGR of 11.21% through the analysis period.
The global key manufacturers of Precision Planetary Reducer include: Nidec, Neugart GmbH, Wittenstein SE, Apex Dynamics, KOFON Motion Group, LI-MING Machinery, Newstart, Rouist, and STOBER, etc. In 2022, the global top five players occupied for a share approximately 43.79% in terms of revenue.
The global Precision Planetary Reducer market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Precision Planetary Reducer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.