Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

Transcription

1 Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024 Mountains of Opportunity Picture by Susan Eustis

2 The Best Market Research, Backed by a Knowledgeable Research Team With Integrity We are the best in the industry at answering your research questions after you purchase the report, even two years later.

3 CHECK OUT THESE KEY TOPICS Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers Industrial Robotic Capability Harmonic Drive Precision Strain Wave Reducer Gearboxes RV and RD Reducers Industrial Robotic Drive Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers Industrial Robotic Industries Description: WinterGreen Research provides Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers research, robot research, drone research, augmented reality research, and CBRNE research. Contact us. Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers: Market Shares, Strategies, and Forecasts, Worldwide, LEXINGTON, Massachusetts (December 7, 2017) WinterGreen Research announces that it has published a new study Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to The 2018 study has 230 pages, 141 tables and figures. The leading vendors in the harmonic drive industry have invested in high-quality technology and processes to develop leading edge reducer strain relief gearbox capability.

4 Other vendors are working to catch up. Harmonic drive market driving forces relate primarily to the implementation of speed reduction capability for robots and wind turbines initially, providing industrial controls that are compelling. The harmonic drive is used in situations where smooth, efficient gear operation is needed. Initial applications are in robotics, aerospace and solar tracking, the materials used in these applications can wear and break if the gearing in a motor is rough. Harmonic gear vendors offer a unique gear tooth profile that optimizes the tooth engagement. Only the high end vendors are able to provide harmonic drives that work, the other units become trash within days. Revenue for harmonic drives was $838 million in 2017, and products are expected to generate revenue of $3.517 billion by Strong growth is the result of increasing use in industrial robots as they become integrated and able to perform multiple functions sequentially in an automated manner. Harmonic drive reduction gearboxes are presented many new market opportunities from multiple types of applications. The VNTOL aircraft uses the drive reduction to enable vertical takeoff This lifts off like a helicopter and files like an airplane. Demanding applications for the gear box include surgical robots. By application category, there was a substantial year-on-year increase in sales for industrial robots used on production lines for smartphones, tablet devices, household appliances, automobiles, and other products. Sales for semiconductor manufacturing equipment increased due to rising capital investment against a backdrop of increasing demand for industrial equipment, automotive devices, and devices for data centers, among other factors. Sales for flat panel display manufacturing equipment increased due to high levels of investment to expand production capacity for LCD and organic EL panels. Semiconductor liquid crystal production equipment, photovoltaic equipment, optical instruments, precision machine tools and other cutting-edge areas provide target applications.

5 Japan manufactures reliable performance precision gears. Reliable performance of precision gear reducer manufacturing is not yet occurring at scale elsewhere, particularly in China. China with its huge investments in industrial robots would really like to be able to scale manufacture of harmonic drive precision strain wave reducer gearboxes. The market has just begun. Early adopters are the robot manufacturers. Suppliers of the precision gears, Japanese companies, address markets for industrial robots. While the Chinese would like to be the primary suppliers of Harmonic Drive Precision Strain Wave Reducer Gearboxes, it has not happened yet. Harmonic gear reducers are used in aviation, aerospace, energy, navigation, shipbuilding, bionic machinery, commonly used ordnance, machine tools, instruments, electronic equipment, mining and metallurgy, transportation, lifting machinery, petrochemical machinery, textile machinery, agricultural machinery and medical Instruments. Japan's a precision reducer is used in industrial robots and airplane engines, wind turbines and for solar trackers.

6 Harmonic Drive Revenue Forecast Source: Harmonic Drive. According to Susan Eustis, leader of the team that prepared the research, Harmonic drive precision gearing is known for zero backlash, high torque, compact size, and excellent positional accuracy. Harmonic drive reduction gears are mechanical, they are used as speed changing devices. Harmonic drive gearboxes have of a thin ring that provides elastically as it rolls on the inside of a slightly larger rigid circular ring. Harmonic gear boxes consist of a circular spline, flex spline, and wave generator. The flex spline component produces a repeated vibration, stimulated by the wave generator. A harmonic gear is a strain wave gear. It is characterized by the ability to transmit motion through sealed walls. Operation of harmonic gears is based on the thin-walled flexible cup with external splines on its lip, placed inside a circular thick walled rigid ring machined with internal splines.

7 High gear ratios, light weight, reconfigurable ratios within a standard housing, good resolution, and repeatability are features of the devices. Devices work when repositioning internal loads, they have high torque capability, coaxial input, and coaxial output. WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software. The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, and Thompson Financial. WinterGreen Research is positioned to help customers facing challenges that define the modern enterprises. The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise. Customers trust wintergreen research to work alongside them to ensure the success of the participation in a particular market segment. WinterGreen Research supports various market segment programs; provides trusted technical services to the marketing departments. It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally. These are all vital market research support solutions requiring trust and integrity. Key words: Harmonic Drive, Precision Strain, Wave Reducer, Gearboxes, RV and RD Reducers Companies Profiled Selected Market Leaders Harmonic Drive Beijing CTKM Harmonic Drive Zhejiang Laifu Cone Drive Sumitomo Heavy Industries Leaderdrive Nidec-Shimpo

8 Beijing Harmonic Drive Technology Institute (BHDI) Beijing Zhong Ke Ke Mei Harmonic Drive Limited Liability Company China Harmonic Drive (CHD ), Robotic Harvesters, Economies of Scale, Powering Robotic Tractor Selected Market Participants Motion Control Products Nabtesco Nidec-Shimpo Parker Bayside Suzhou Green Harmonic Drive Technology Co., Ltd. Totel Industry Group / Ningbo Haishu Totel Imp. & Exp. Co., Ltd. Harmonic Drive Precision Strain Wave Reducer Gearbox: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024 Report Methodology This is the 728th report in a series of primary market research reports that provide forecasts in robpts, communications, telecommunications, the Internet, computer, software, telephone equipment, health equipment, and energy. Automated process and significant growth potential are priorities in topic selection. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. This harmonic drive study is based on tracking integration software and dynamic processing that provides significant insight into the technology of harmonic drives. Experience implementing broadband networking and mobile systems for different technologies using the harmonic drives has been evaluated in many different contexts. Evaluation of the changes brought to the supply chain and transaction processing by the Internet are among factors that contribute to development of triangulation regarding market forecasts for the sector. The primary research is conducted by talking to customers, distributors and companies. The survey data is not enough to make accurate assessment of market size, so WinterGreen Research looks at the value of shipments and the average price to achieve market assessments. Our track record in achieving accuracy is unsurpassed in the industry. We are known for being able to develop accurate market shares and projections. This is our specialty.

9 The analyst process is concentrated on getting good market numbers. This process involves looking at the markets from several different perspectives, including vendor shipments. The interview process is an essential aspect as well. We do have a lot of granular analysis of the different shipments by vendor in the study and addenda prepared after the study was published if that is appropriate. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participant in the segment. Installed base analysis and unit analysis is based on interviews and an information search. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, opinion leaders, and companies seeking to develop measurable market share. Over 200 in depth interviews are conducted for each report with a broad range of key participants and industry leaders in the market segment. We establish accurate market forecasts based on economic and market conditions as a base. Use input/output ratios, flow charts, and other economic methods to quantify data. Use in-house analysts who meet stringent quality standards. Interviewing key industry participants, experts and end-users is a central part of the study. Our research includes access to large proprietary databases. Literature search includes analysis of trade publications, government reports, and corporate literature. Findings and conclusions of this report are based on information gathered from industry sources, including manufacturers, distributors, partners, opinion leaders, and users. Interview data was combined with information gathered through an extensive review of internet and printed sources such as trade publications, trade associations, company literature, and online databases. The projections contained in this report are checked from top down and bottom up analysis to be sure there is congruence from that perspective. The base year for analysis and projection is With 2017 and several years prior to that as a baseline, market projections were developed for 2018 through These projections are based on a combination of a consensus among the opinion leader contacts interviewed combined with understanding of the key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate the market estimates are based on penetration analyses, similar market analyses, and delta calculations to supplement independent and dependent variable analysis. All analyses are displaying selected descriptions of products and services.

10 This research includes reference to an ROI model that is part of a series that provides IT systems financial planners access to information that supports analysis of all the numbers that impact management of a product launch or large and complex data center. The methodology used in the models relates to having a sophisticated analytical technique for understanding the impact of workload on processor consumption and cost. WinterGreen Research has looked at the metrics and independent research to develop assumptions that reflect the actual anticipated usage and cost of systems. Comparative analyses reflect the input of these values into models. The variables and assumptions provided in the market research study and the ROI models are based on extensive experience in providing research to large enterprise organizations and data centers. The ROI models have lists of servers from different manufacturers, Systems z models from IBM, and labor costs by category around the world. This information has been developed from WinterGreen research proprietary data bases constructed as a result of preparing market research studies that address the software, energy, healthcare, telecommunicatons, and hardware businesses. YOU MUST HAVE THIS STUDY Harmonic Drive Precision Strain Wave Reducer Gearboxes and RV and RD Reducers: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024 Table of Contents

11 Harmonic Drive Precision Gearboxes: Executive Summary The study is designed to give a comprehensive overview of the Harmonic Drive Precision Gearboxes market segment. Research represents a selection from the mountains of data available of the most relevant and cogent market materials, with selections made by the most senior analysts. Commentary on every aspect of the market from independent analysts creates an independent perspective in the evaluation of the market. In this manner the study presents a comprehensive overview of what is going on in this market, assisting managers with designing market strategies likely to succeed. HARMONIC DRIVE REDUCTION GEARBOX MARKET EXECUTIVE SUMMARY 16 Harmonic Drive Reduction Gearboxes Market Driving Forces 16 Two Main Types of Speed Reducer Used In Robotics: RV Reducer and Harmonic Reducer 18 Harmonic Drive Reduction Gearboxes Market Shares 18 Harmonic Drive Reduction Gearboxes Market Forecasts HARMONIC GEARBOX: MARKET DESCRIPTION AND MARKET DYNAMICS Harmonic Drive Precision Gearing Harmonic Drive Concept of Total Motion Control HARMONIC DRIVE REDUCTION GEARBOX MARKET SHARES AND MARKET FORECASTS Harmonic Drive Reduction Gearboxes Market Driving Forces Two Main Types of Speed Reducer Used In Robotics: RV Reducer and Harmonic Reducer Harmonic Drive Reduction Gearboxes Market Shares List of Harmonic Drive Companies by Country Harmonic Drive Reduction Gearboxes Market Forecasts Harmonic Drive Reduction Gearboxes Market Application Analysis VTOL Gearbox Harmonic Drives in Industrial Robots Harmonic Drive Reduction Gearbox Robotic Applications Harmonic Gear Robotics Harmonic Drive Reduction Gear SCARA Robots Applications Harmonic Drive Applications Cup-, Hat- Pancake Type Harmonic Drive Component Sets Harmonic Drive Pancake Gearing Components includes: Ultra Flat Gearing Components Hat Style Harmonic Drive Strain Wave Gears Prices Shopping Results RV Precision Reducer Harmonic Drive Strain Wave Gears Regional Market Analysis China Chinese Pearl River Delta Region Implements Wave Of Automation Robot Situation in China Japanese Economy Continued To Recover HARMONIC DRIVE REDUCTION GEARBOX PRODUCT DESCRIPTIONS Harmonic Drive Product Applications: Harmonic Drive Reduction Gear Communication Protocols Harmonic Drive Reduction Gearbox Product The Components Cup-Type Harmonic Drive Superior Gear Performance Using an S Tooth Design Motion Control Leaderdrive Leaderdrive Strain wave reducer principle Leaderdrive Characteristics of Strain Wave Reducer Zhejiang Laifu Reduction Gearbox Zhejiang Laifu Advantages of Reduction Gearbox 106

12 3.4.2 Zhejiang Laifu Harmonic Gear Reducer Applications HARMONIC REDUCTION GEARBOX TECHNOLOGY RV Reducer Harmonic Drive Strain Wave Gearing Harmonic Speed Reducer Is Core Part Of The Robot That Achieves Movement Harmonic Reduction Gear Meshing Theory HARMONIC DRIVE REDUCTION GEAR COMPANY PROFILES Beijing CTKM Harmonic Drive Beijing Harmonic Drive Technology Institute (BHDI) Beijing Harmonic Drive Technology Institute Beijing Zhong Ke Ke Mei Harmonic Drive Limited Liability Company China Harmonic Drive (CHD ) Cone Drive Harmonic Drive LLC Harmonic Drive High-Precision, Zero-Backlash Strain Wave Gears Application Areas Harmonic Drive Gear Units Harmonic Drive Miniature Gear Units Harmonic Drive CSF-2XH Harmonic Drive CSF-1U-CC Harmonic Drive CSF-1U-CC-F Harmonic Drive CSF-1U Harmonic Drive CSF-2UP Harmonic Drive Servo Mount Gearheads Harmonic Drive Customers Harmonic Drive Sales by Product Segment Harmonic Drive Precision Speed Reducers Harmonic Drive Sales by Application Segment Leader Precision Drive Leader Precision Drive Revenue Leader Harmonious Drive Systems Harmonic Reduction Gear Meshing Theory Leader Precision Drive Revenue Motion Control Products Nabtesco Nabtesco Nabtesco Wind Turbine RV and RD Reducers for Generators Nabtesco Wind Turbine RV and RD Reducers for Rotary Tables Nabtesco's Cycloidal Gear Technology Nabtesco Revenue Nidec-Shimpo Nidec-Shimpo Amereica Parker Bayside Sumitomo Heavy Industries Sumitomo Heavy Industries Revenue Suzhou Green Harmonic Drive Technology Co., Ltd Totel Industry Group / Ningbo Haishu Totel Imp. & Exp. Co., Ltd Zhejiang Laifu Precision Strain Wave Reducer Gearbox List of Selected United States Harmonic Drive Reduction Gear Companies 223 WINTERGREEN RESEARCH, 226 WinterGreen Research Methodology 227

13 List of Figures Figure 1. Harmonic Drive Reduction Gearboxes Market Driving Forces 17 Figure 2. Harmonic Reduction Gearbox Market Shares, Dollars, Worldwide, First Three Quarters Figure 3. Harmonic Reduction Gearbox Market Shares, Dollars, Worldwide, First Three Quarters Figure 4. Harmonic Drive Large US Customers 22 Figure 5. Harmonic Drive Precision Strain Wave Reducer Gearboxes Market Shares, Dollars, US, Figure 6. Harmonic Drive Precision Strain Wave Reducer Gearboxes, Forecasts, Dollars, Worldwide, Figure 7. Harmonic Drive Precision Gearing Features 28 Figure 8. Harmonic Drive Reduction Gear Description 29 Figure 9. Harmonic Drive Precision Gearing Functions 30 Figure 10. Harmonic Drive Gearbox Market Classification By Type 31 Figure 11. Harmonic Drive Gearbox Market Classification By Application 31 Figure 12. Harmonic Gearbox Robot Manufacturer Application Benefits 32 Figure 13. Harmonic Drive Concept of Total Motion Control 33 Figure 14. Harmonic Drive Reduction Gearboxes Market Driving Forces 35 Figure 15. Harmonic Reduction Gearbox Market Shares, Dollars, Worldwide, First Three Quarters Figure 16. Harmonic Reduction Gearbox Market Shares, Dollars, Worldwide, First Three Quarters Figure 17. Harmonic Drive Large US Customers 40 Figure 18. Harmonic Drive Precision Strain Wave Reducer Gearboxes Market Shares, Dollars, US, Figure 19. Harmonic Drive Precision Strain Wave Reducer Gearbox, Market Shares, Dollars, US, Figure 20. United States Harmonic Drive Reduction Gears 44 Figure 21. Harmonic Drive Precision Strain Wave Reducer Gearboxes, Forecasts, Dollars, Worldwide, Figure 22. Harmonic Drive Precision Strain Wave Reducer Gearbox Market Forecasts, Dollars, Worldwide, Figure 23. Harmonic Drive Precision Strain Wave Reducer Gearbox Market Forecasts, Dollars, Worldwide, Figure 24. Harmonic Drive Reduction Gearboxes Wind Turbine Functions 52 Figure 25. Harmonic Drive Reduction Gearbox Market Applications 53 Figure 26. Harmonic Drive Strain Wave Gears Antenna System Features 54 Figure 27. Harmonic Drive Strain Wave Gears Robotics Features 54 Figure 28. Harmonic Drive Strain Wave Gears Types 55 Figure 29. Harmonic Drive Gearbox Applications 56 Figure 30. Global Industrial Robot Unit Sales 59 Figure 31. Harmonic Drive Applications 61 Figure 32. Harmonic Drive Precision Strain Wave Reducer Gearbox Market Forecasts, Dollars, Worldwide, Figure 33. Harmonic Drive CSF Series Gearing Features 65 Figure 34. Harmonic Drive CSD Series Gearing Features 66 Figure 35. Harmonic Drive Series Flexspline of the Pancake Type Gearing Features 67 Figure 36. Harmonic Drive FD Series Differential Gear Features 68 Figure 37. Harmonic Gearing Hat Style Features 69 Figure 38. Hat Style Harmonic Gearing SHF-2A-GR Series Features 70 Figure 39. RV and RD Reducers Market Shares, Dollars, Worldwide, First Three Quarters Figure 40. Robotic RV Reducers 75 Figure 41. Robotic RV Reducer Applications 76 Figure 42. Harmonic Drive Strain Wave Gears Consolidated Sales by Regional Segment 79 Figure 43. Harmonic Drive Precision Strain Wave Reducer Gearbox Regional Market Segments, Figure 44. Harmonic Drive Precision Strain Wave Reducer Gearbox Regional Market Segments,

14 Figure 45. Harmonic Drive Product Applications: 88 Figure 46. Harmonic Drive Reduction Gear Drives Communication Protocols 89 Figure 47. Harmonic Drive Gearbox System Features: 90 Figure 48. Wave Generator 91 Figure 49. Flexspline 92 Figure 50. Harmonic Drive Strain Wave Gear Flexspline 93 Figure 51. Circular Spline 94 Figure 52. Gear Performance Using an S Tooth Design 96 Figure 53. Harmonic Drive Applications 97 Figure 54. Motion Control Gearboxes 98 Figure 55. Leaderdrive Drive Reduction Gearboxes Products 99 Figure 56. Leaderdrive Drive Reduction Gearboxes 100 Figure 57. Leaderdrive Harmonic Meshing Tooth Shape, P Type Tooth 103 Figure 58. Leaderdrive P Type Tooth Benefits 104 Figure 59. Zhejiang Laifu Reduction Gearbox 105 Figure 60. Zhejiang Laifu Advantages of Reduction Gearbox 106 Figure 61. Reduction Gearbox Zhejiang Laifu Advantages of Transmission Speed Ratio 107 Figure 62. Baidu Strain Relief Reducer 110 Figure 63. Baidu Strain Relief Reducer Components 111 Figure 64. RV Reducer 113 Figure 65. Strain Wave Gear 115 Figure 66. Harmonic Drive Reduction Gearboxes United States Wave Generator 116 Figure 67. Harmonic Drive Reduction Gearboxes United States Flexspline 117 Figure 68. Harmonic Drive Reduction Gearboxes United States Circular Spline 118 Figure 69. Composition of Harmonic Drive: Three Basic Components 120 Figure 70. How Harmonic Drive Reduction Gearboxes Work 121 Figure 71. Beijing CTKM Harmonic Drive Target Markets 125 Figure 72. Cone Drive Harmonic Strain Wave Gear Satellite Communication 130 Figure 73. Cone Drive Harmonic Strain Wave Gear Industries 131 Figure 74. Cone Drive Harmonic Strain Wave Gear Industries Targeted 132 Figure 75. Harmonic Drive Revenue 133 Figure 76. Harmonic Drive Gearbox Applications 134 Figure 77. Harmonic Drive Sector Analysis 140 Figure 78. Harmonic Drive High-Precision, Zero-Backlash Strain Wave Gears Application Areas 141 Figure 79. Harmonic Drive Features: 142 Figure 80. Harmonic Drive Key Features CSF-2UH: 143 Figure 81. Harmonic Drive CSF-2UH 144 Figure 82. Harmonic Drive Tighter Integration Into The Customer s Housing Or Machine Structure. 145 Figure 83. Harmonic Drive High-Precision, Zero-Backlash Strain Wave Gears 146 Figure 84. Harmonic Drive Large US Customers 151 Figure 85. Harmonic Drive inside Kuka 3,4,5 Axis Industrial Robot 151 Figure 86. Harmonic Drive Industry Colleagues 152 Figure 87. Harmonic Drive Strain Wave Gears 153 Figure 88. Harmonic Drive Strain Wave Gears Consolidated Sales by Regional Segment 154 Figure 89. Harmonic Drive Sales by Product Segment 155 Figure 90. Harmonic Drive Division Sales 156 Figure 91. Precision Speed Reducers 157 Figure 92. Harmonic Drive Sales by Application Segment 158 Figure 93. Harmonic Drive Sales by Application Segment, 2018 Q3 159 Figure 94. Harmonic Drive Factors in Change in Operating Income Q Figure 95. Harmonic Drive Net Sales FY 2018/3 160 Figure 96. Harmonic Drive Sales Forecast by Division 161 Figure 97. Harmonic Drive Net Sales FY 2018/3 and Forecast by Division 162

15 Figure 98. Harmonic Drive Net Sales FY 2014/3 to 2017/3 with 2018/3 Forecast 163 Figure 99. Harmonic Drive Revenue Segment Analysis: Harmonic Drives, Mechatronics, and Planetary Drives 164 Figure 100. Harmonic Drive Global Bases 165 Figure 101. Harmonic Drive Global Bases Forecast of Industrial Robot Sales 166 Figure 102. Harmonic Drive Business Platforms 167 Figure 103. Harmonic Drive. ABB, Kuka Industrial Robot Customers in Germany, Boost from Industry 4,0 168 Figure 104. Harmonic Drive Current Production Structure 169 Figure 105. Harmonic Drive Future Production Structure 170 Figure 106. Harmonic Drive Plants 171 Figure 107. Harmonic Drive Concept of Total Motion Control 172 Figure 108. Harmonic Drive Growth Trajectory 173 Figure 109. Harmonic Drive Positioning 174 Figure 110. Harmonic Drive 175 Figure 111. Harmonic Drive Applications 176 Figure 112. Leader Harmonious Drive Co. Ltd Strain Wave Reducer Functions 178 Figure 113. Leader Harmonious Drive Co. Ltd Strain Wave Reducer Applications 179 Figure 114. Leader Precision Drive Buildings 179 Figure 115. Motion Control Gearbox 184 Figure 116. Motion Control SW1RU Harmonic Gearbox Features 184 Figure 117. Motion Control SW1RU Harmonic Gearbox Applications 185 Figure 118. Motion Control Products Specifications 186 Figure 119. Motion Control Customers 188 Figure 120. Nabtesco Gear Reducer Unit Sales 190 Figure 121. Nabtesco RV and RD Reducers Features 191 Figure 122. Nabtesco RV and RD Reducer 192 Figure 123. Nabtesco RV and RD Reducers Features 193 Figure 124. Nabtesco RV and RD Reducers Backlash 194 Figure 125. Nabtesco RV and RD Reducers Angular Transmission Accuracy 195 Figure 126. Nabtesco RV and RD Reducers 197 Figure 127. Nabtesco Wind Turbine RV and RD YAW Drive Mechanism Reducers for Generators 198 Figure 128. The Nabtesco RV and RD Reducers for Rotary Tables Features 200 Figure 129. Nabtesco's Cycloidal Gear Technology 201 Figure 130. Nabtesco Cycloidal Gear Technology Features 201 Figure 131. Nabtesco's Cycloidal Gearing Technology 202 Figure 132. Nabtesco Revenue by Segment 204 Figure 133. Nabtesco Revenue 2013 to Figure 134. Nidec-Shimpo Harmonic Precision Strain Wave Reducer Gearbox 208 Figure 135. Nidec-Shimpo Harmonic Precision Gearboxes 209 Figure 136. Nidec-Shimpo Harmonic Precision Strain Wave Reducer Gearbox Revenue by Segment 212 Figure 137. Parker Bayside Drive Reduction Gearbox 213 Figure 138. Sumitomo Heavy Industries Precision Gearbox 215 Figure 139. Sumitomo Heavy Industries Pyramid 218 Figure 140. Totel Industry Group / Ningbo Haishu Totel Imp. & Exp. Co., Ltd. Harmonic Drive Gearing 221 Figure 141. Zhejiang Laifu Harmonic Reducer Features 222

16 ABOUT THE COMPANY WinterGreen Research, research strategy relates to identifying market trends through reading and interviewing opinion leaders. By using analysis of published materials, interview material, private research, detailed research, social network materials, blogs, and electronic analytics, the market size, shares, and trends are identified. Analysis of the published materials and interviews permits WinterGreen Research senior analysts to learn a lot more about markets. Discovering, tracking, and thinking about market trends is a high priority at WinterGreen Research. As with all research, the value proposition for competitive analysis comes from intellectual input. WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, Software, Internet, Energy Generation, Energy Storage, Renewable energy, and advanced computer technology. Industry reports focus on opportunities that expand existing markets or develop major new markets. The reports access new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Innovation that drives markets is explored. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years. The studies provide primary analytical insight about the market participants. By publishing material relevant to the positioning of each company, readers can look at the basis for analysis. By providing descriptions of each major participant in the market, the reader is not dependent on analyst assumptions, the information backing the assumptions is provided, permitting readers to examine the basis for the conclusions.

17 About The Principal Authors Susan Eustis, President, co-founder of WinterGreen Research is a senior analyst. She has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She has the original patents in electronic voting machines where she was featured in People Magazine in She has new patent applications in format varying, mulitprocessing, and electronic voting. She is the author of recent studies of the Solar Renewable Energy, Wind Energy, Thin Film Batteries, Business Process Management marketing strategies, Internet equipment, biometrics, a study of Internet Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Web Services, and Application Integration markets. Ms. Eustis is a graduate of Barnard College. Susan Eustis was named as top female executive of the year by Who s Who Worldwide in She was named page one of the top 100 Industry leaders in Who s Who Worldwide in 2013, 2014, 2015, and She has been twice featured on the cover of the Women of Distinction magazine. She was cited in a recent Time Magazine cover article and major media Washington Post and WSJ articles on Youth Sports market growth. About the WinterGreen Research Team: The WinterGreen Research Team is comprised of senior analysts that prepare the market research and analysis that is offered to the client and developed using an iterative process to achieve a final study. Typical projects include providing market/viability research. The team can look at how drones can be applied to critical infrastructures safety, including: type of market existing, Barriers, Forecast demand and competitors, SWOT and competitive advantages, Price Analysis, product design recommendations (marketing orientation). Research is typically for many different regions or localities, for example EU countries including Spain, UK, Nordic, Germany, and France. Typical projects profile the United States and areas of Asia. It is common to three representative countries from South America, Brazil, Argentina, Chile, and Mexico. Representative countries from Asia APAC typically include Japan, China, India, and Australia. Critical infrastructure safety, including: type of market existing, barriers to entry and to faithful execution of product provision, forecast of demand, market share, SWOT, competitive advantage of major competitors, identification of new technologies and new companies, price performance analysis, product design recommendations, and marketing considerations are typical topics covered.