The global Strain Wave Gearing Devices market size is projected to reach USD 0.94 billion by 2029

Strain wave gearing also known as harmonic gearing is a special type of mechanical gear system that can improve certain characteristics compared to traditional gearing systems such as helical gears or planetary gears. Harmonic Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It provides excellent features not found in other speed reducers.

According to the new market research report “Global Strain Wave Gearing Devices Market Report 2023-2029”, published by GlobalInfoResearch, the global Strain Wave Gearing Devices market size is projected to reach USD 0.94 billion by 2029, at a CAGR of 9.4% during the forecast period.

• Global Strain Wave Gearing Devices MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Strain Wave Gearing Devices Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029.

• Global Strain Wave Gearing Devices Top13Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global Strain Wave Gearing Devices Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029.

The global key manufacturers of Strain Wave Gearing Devices include HDSI, Leaderdrive, Zhejiang Laifual, Nidec-Shimpo, Shenzhen Han's Motion Technology, BENRUN Robot, KOFON, Beijing CTKM Harmonic Drive, Too Eph Transmission Technology, BHDI, etc. In 2021, the global top five players had a share approximately 90.0% in terms of revenue.

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