Posted in | News | Industrial Robotics

Global Robot Gears and Sprockets Market Expected to Grow at CAGR of 7.43% by 2021

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.

The 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

The 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
• Mitsubishi Heavy Industries
• Nabtesco

Other prominent vendors
• Bevel Gears
• Gear Motions
• Stock Drive Products/ Sterling Instruments
• VEX Robotics

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?


Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.