Precision Planetary Gearbox Market Report 2026

The precision planetary gearbox market size has grown strongly in recent years. It will grow from $2.71 billion in 2025 to $2.92 billion in 2026 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to growth in industrial automation, expansion of machine tool manufacturing, rising adoption of servo motor systems, increased use of precision motion control components, development of advanced manufacturing equipment.

The precision planetary gearbox market size is expected to see strong growth in the next few years. It will grow to $3.96 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to growth in collaborative and industrial robots, expansion of electric vehicle production, rising demand for automation in packaging and material handling, increasing investment in smart factories, demand for high precision motion control in medical equipment. Major trends in the forecast period include increasing demand for low backlash high precision gear systems, rising adoption of planetary gearboxes in robotics applications, growing use of high torque density gear solutions, expansion of compact gearboxes for space constrained designs, increasing focus on gearbox efficiency and longevity.

The growing industrial automation is expected to drive the growth of the precision planetary gearbox market going forward. Industrial automation refers to the use of control systems such as computers, robots, and information technologies to manage various industrial processes and machinery, reducing the need for human intervention. It aims to increase efficiency, consistency, and safety while lowering operational costs. The growth of industrial automation is driven by the demand for higher productivity, cost efficiency, and improved precision. Automation is essential for streamlining processes as businesses work to meet rising demand and minimize human error. Precision planetary gearboxes play a crucial role in industrial automation by delivering reliable and accurate motion control in automated systems. They enhance system performance, reliability, and accuracy, making them indispensable for modern industrial operations. For example, in September 2023, according to the World Robotics report published by the International Federation of Robotics, a Germany-based professional non-profit organization, global industrial robot installations reached 553,052 units in factories, reflecting a 5% year-on-year increase in 2022. Therefore, growing industrial automation is supporting the expansion of the precision planetary gearbox market.

Major companies operating in the precision planetary gearbox market are focusing on developing advanced products, such as high-performance planetary gearboxes, to meet the growing demand for precision motion control. High-performance planetary gearboxes are engineered for high torque, precision, and efficiency, minimizing backlash. With a compact design, durability, and superior load capacity, they are perfect for applications needing reliable motion control. For instance, in July 2024, Apex Dynamics, a Taiwan-based manufacturer of high-precision planetary gearboxes, launched its new MG/MGK and MGH/MGHK series planetary gearboxes. These new gearboxes are engineered to offer superior torque capacity, reduced backlash, and improved performance, making them ideal for use in robotics, automation, and other high-precision systems. The MG/MGK and MGH/MGHK series are built to provide exceptional reliability and durability with enhanced power transmission capabilities, ensuring optimal efficiency and longevity in demanding environments. These innovations highlight Apex Dynamics' commitment to advancing motion control technologies and offering cutting-edge solutions for its customers.

In April 2025, RENK Group AG, a Germany-based manufacturer specializing in mission-critical propulsion and transmission systems, acquired Cincinnati Gearing Systems Inc. for an undisclosed amount. With this acquisition, RENK aims to strengthen its precision gearbox and power transmission offerings by incorporating CGS’s expertise in designing and manufacturing precision gear units and transmissions for military, marine, and industrial applications. Cincinnati Gearing Systems Inc. is a US-based precision gear and gearbox manufacturer.

Major companies operating in the precision planetary gearbox market are ABB Ltd., Nidec Corporation, Delta Electronics Inc., Sumitomo Heavy Industries Ltd., SEW Eurodrive, Kollmorgen, Harmonic Drive LLC, WITTENSTEIN SE, Güdel Group AG, Renold Plc, Bonfiglioli Transmissions Private Limited, Neugart GmbH, Apexdynamics Inc., Maxon Motor, Santram Engineers (P) Limited, ATLANTA Drive Systems Inc., Assun Motors Pte Ltd., Newstart Motion, Hangzhou Ever-Power Transmission Co. Ltd., Shanghai Belon Machinery Co. Ltd., Zhangjiagang Haina Automation Equipment Co. Ltd., SMD Gearbox Co. Ltd.

Asia-Pacific was the largest region in the precision planetary gearbox market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the precision planetary gearbox market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the precision planetary gearbox market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The precision planetary gearbox market consists of sales of high-torque planetary gearbox, low-backlash planetary gearbox, and coaxial planetary gearbox. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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