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.
This report aims to provide a comprehensive presentation of the global market for Harmonic Drive, 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 Harmonic Drive. This report contains market size and forecasts of Harmonic Drive in global, including the following market information:
- Global Harmonic Drive Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Harmonic Drive Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Harmonic Drive companies in 2022 (%)
The global Harmonic Drive market was valued at US$ 860.3 million in 2022 and is projected to reach US$ 1754.7 million by 2029, at a CAGR of 10.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
HDSI, Leaderdrive and Nidec-Shimpo are the top 3 players of Harmonic Drive, with about 93% market shares.
We surveyed the Harmonic Drive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Harmonic Drive Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Harmonic Drive Market Segment Percentages, by Type, 2022 (%)
- Cup Style
- Hat Style
- Pancake Style
Global Harmonic Drive Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Harmonic Drive Market Segment Percentages, by Application, 2022 (%)
- Industry Robot
- Semiconductor Equipment
- Flat Panel Equipment
- Machine Tools
- Optical Machine
- Printing, Bookbinding and Paper Machine
- Metal Working Machine
- Medical Equipment
- Space Equipment
Global Harmonic Drive Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Harmonic Drive Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Harmonic Drive revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Harmonic Drive revenues share in global market, 2022 (%)
- Key companies Harmonic Drive sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Harmonic Drive sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- HDSI
- Leaderdrive
- Beijing CTKM Harmonic Drive
- BHDI
- Zhejiang Laifual
- Nidec-Shimpo
- BENRUN Robot
- Cone Drive
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Harmonic Drive, market overview.
- Chapter 2: Global Harmonic Drive market size in revenue and volume.
- Chapter 3: Detailed analysis of Harmonic Drive manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Harmonic Drive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Harmonic Drive capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
