Market size

The reducer is the core part of industrial automation, which plays the role of matching speed and increasing torque between the prime mover and the actuator. In 2022, the overall scale of China’s reducer market is 132.1 billion yuan, of which the general reducer market is about 50 billion yuan, and the special reducer market is about 75 billion yuan. It is expected that by 2025, the market size of China’s reducer is expected to reach 160.5 billion yuan, and the market size of precision reducer for robots is estimated to be 20.5 billion yuan, with an annual compound growth rate of 22%.

Precision reducer as the highest value part of the reducer products, including RV reducer, harmonic reducer and precision planetary reducer, precision reducer downstream application is mainly industrial robots and collaborative robot industry, with the release of Tesla humanoid robot optimus, The extensive use of precision reducers in humanoid robots has opened up new imaginative space for the development of the industry.

Among them, the harmonic reducer is small in size and high in transmission ratio, when used for industrial robots, according to different load capacity requirements, a single configuration 3-4 used in the forearm, wrist or hand position, the collaborative robot can be configured with a single 6, and the humanoid robot can be configured with how many 12 used as the rotating joint of the arm, neck and even the leg.

RV reducer due to large size, single value and high load capacity, mainly used in the base of industrial robots, arms, shoulders, according to the load requirements are generally configured 2-3, there are also some humanoid robots used in the joint of the thigh.

Precision planetary reducer is generally used in robot joints and humanoid robot dexterous hands with hollow cup motor for transmission output, the single value is low.

A6500-UM

With reference to the public research report information, the market size of precision reducer for robots is estimated to grow from 9.4 billion yuan in 21 years to 20.5 billion yuan in 2025 according to the category and value, with an annual compound growth rate of 22%. From the perspective of the reducer category, the market size of RV reducer to 25 years is 6.8 billion, and the market size of harmonic reducer is 12.5 billion. The market size of precision planetary reducer is 1.2 billion.

According to the publicly retrieved information, there are more than 100 manufacturers of robot precision reducer in the country with processing and production capacity, combined with the disclosure of listed companies and industry competitors, the following 12 pure robot reducer manufacturers are summarized, and the revenue is estimated according to each production capacity, and the main ones are explained below:
1. The harmonics of the leading harmonic reducer with the largest absolute increase in revenue, the revenue of 446 million in 2022, and the expected full production in 25 years can bring 1.5 billion revenue, a three-fold increase in 3 years on the basis of the existing revenue.
2. China Great Power De estimates that in 2025, the revenue of precision reducer business will increase by 630 million, which is three times more than the revenue of 203 million in 2022, and about 70% more than the overall revenue of 898 million in 2022, and the domestic market share of RV reducer in 2022 will be 4%.
3. Double ring drive precision reducer revenue is estimated at 550 million yuan, mainly the RV reducer performance contribution, the company’s leading position in the RV field and technical capabilities contribute to the promotion of harmonic reducer rapid volume.
4. Qinchuan Machine tool, as a leader in domestic CNC machine tools, is also laying out precision reducer for robots, and has a production capacity of 60,000-90,000 RV reducer in 2022, with an added revenue of 450 million yuan, and a 2% domestic market share as the head enterprise of domestic RV reducer in 2022