Dublin, Sept. 17, 2020 (GLOBE NEWSWIRE) — The “Robot Gears and Sprockets – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Robot Gears and Sprockets Market to Reach $223.5 Million by 2027
Amid the COVID-19 crisis, the global market for Robot Gears and Sprockets estimated at US$146.9 Million in the year 2020, is projected to reach a revised size of US$223.5 Million by 2027, growing at a CAGR of 6.2% over the period 2020-2027.
Robot Gears, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$186.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sprockets segment is readjusted to a revised 7.6% CAGR for the next 7-year period.
The U. S. Market is Estimated at $39.8 Million, While China is Forecast to Grow at 9.5% CAGR
The Robot Gears and Sprockets market in the U. S. is estimated at US$39.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$47.6 Million by the year 2027 trailing a CAGR of 9.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Davall Gears Limited
- Gear Motions
- Mitsubishi Heavy Industries Ltd.
- Nabtesco Corporation
- SDP/SI – Stock Drive Products / Sterling Instrument
- SPINEA, s. r. o. (Slovakia)
- STOBER Drives Inc.
- VEX Robotics, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Robot Gears and Sprockets Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Robot Gears and Sprockets Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
- Robot Gears and Sprockets Global Retrospective Market Scenario in US$ by Region/Country: 2012-2019
- Robot Gears and Sprockets Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- Robot Gears (Product Type) World Market by Region/Country in US$: 2020 to 2027
- Robot Gears (Product Type) Historic Market Analysis by Region/Country in US$: 2012 to 2019
- Robot Gears (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- Sprockets (Product Type) Potential Growth Markets Worldwide in US$: 2020 to 2027
- Sprockets (Product Type) Historic Market Perspective by Region/Country in US$: 2012 to 2019
- Sprockets (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Material Handling (Application) Global Market Estimates & Forecasts in US$ by Region/Country: 2020-2027
- Material Handling (Application) Retrospective Demand Analysis in US$ by Region/Country: 2012-2019
- Material Handling (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- Assembly Line (Application) Demand Potential Worldwide in US$ by Region/Country: 2020-2027
- Assembly Line (Application) Historic Sales Analysis in US$ by Region/Country: 2012-2019
- Assembly Line (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- Welding (Application) Worldwide Latent Demand Forecasts in US$ by Region/Country: 2020-2027
- Welding (Application) Global Historic Analysis in US$ by Region/Country: 2012-2019
- Welding (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Painting (Application) Sales Estimates and Forecasts in US$ by Region/Country for the Years 2020 through 2027
- Painting (Application) Analysis of Historic Sales in US$ by Region/Country for the Years 2012 to 2019
- Painting (Application) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/yrj6vj
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