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Precision Gearbox Market Share

  • Report ID: GMI255
  • Published Date: Jun 2021
  • Report Format: PDF

Precision Gearbox Market Share

Key market players, such as:

  • SEW Eurodrive
  • Siemens
  • Brevini

hold strong brand identities and hold a significant share in the industry. The precision gearbox market is fragmented as the regional manufacturers hold significant share and customer loyalty by offering cost advantages. The regional manufacturers offer unique selling propositions to consumers by investing in product development to improve product characteristics.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The precision gearbox market valued at USD 1 billion in 2020 and will expand at a CAGR of 5.4% between 2021 and 2027, says this GMI report.

Planetary precision gearbox will account for USD 1 billion through 2027 given that it provides improved reliability and accuracy for numerous applications.

Robotics application recorded 30% of the precision gearbox market revenue in 2020 and will depict lucrative growth owing to the increasing usage of artificial joints and limbs for manufacturing humanoids and robots.

Major participants in the precision gearbox industry comprise Siemens, SEW Eurodrive, Brevini, and others.

Precision Gearbox Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 12
  • Tables & Figures: 103
  • Countries covered: 12
  • Pages: 115
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