PRECISION GEARBOX MARKET ANALYSIS

Leading Companies

Global Precision Gearbox Market: Key Companies Insights

The global precision gearbox market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R & D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global precision gearbox market are Designatronics Inc., Grudel Group AG, igus GmbH, Harmonic Drive LLC, Designatronics Inc., Stöber Antriebstechnik GmbH and Co. KG, EGT Eppinger Getriebe Technologie GmbH, Cone Drive, Framo Morat, Apex Dynamics Inc., ATLANTA Drive Systems, Inc., GAM ENTERPRISES, INC., HIWIN Corporation, Wilhelm Vogel GmbH, DieQua Corporation, Motus Labs, Onvio LLC, and Georgii Kobold GmbH & Co. KG

Global Precision Gearbox Market: Key Developments

In January 2022, Schaeffler acquired Melior Motion GmbH, a precision gearbox supplier for robotics and other applications. With this acquisition, Schaeffler expanded its robotics offerings.

In February 2022, Nabtesco, a manufacturer of robotic gearbox announced to invest in a third manufacturing plant of precision gearboxes to increase Company’s production of precision gearboxes to two million per year by 2026.

In September 2020, Neugart GmbH started a novel subsidiary Neugart France S.A.S. This new subsidiary is expected to strengthen the portfolio of precision planetary pinion gearboxes of the company in the local market in France.

In March 2020, Sumitomo Drive Technologies and R.L. Matus & Associates announced partnership, and with this partnership, Sumitomo can strengthen its presence both technically and commercially in the Southeastern states across the U.S.