Gears and sprockets are the aiding components for the movement of mobile industrial robots. These components assist the industrial robots to display rotational and directional motion and help to shift power and motion from one axis to another. With industries adopting automation at a high rate, industrial robots are expected to form a major part of this evolution due to the benefits offered in enhancing productivity and efficiency.
Technavio’s analysts forecast the global robot gears and sprockets market to grow at a CAGR of 7.43% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global robot gears and sprockets market for 2017-2021. To calculate the market size, the report considers applications like material handling, assembly line, welding, and painting.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Robot Gears and Sprockets Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • DAVALL GEARS • Mitsubishi Heavy Industries • Nabtesco • STOBER
Market driver • Increasing investment in robotics by SMEs • For a full, detailed list, view our report
Market challenge • Emergence of low-cost gears and sprockets manufacturers in Asia • For a full, detailed list, view our report
Market trend • Integration of IoT in robotics • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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