Global harmonic reducer market: steady growth, with Japanese companies dominating the market. The global harmonic reducer market is growing steadily. According to data from the Huajing Industrial Research Institute, the global robot downstream harmonic reducer market size will be 2.3 billion yuan in 2021, and is expected to reach 2.9 billion yuan in 2022, and close to 4.9 billion yuan in 2025. The market space CAGR from 2022 to 2025 is 19.1%. about. The global harmonic reducer market is relatively concentrated. The main participants are Japan's Harmonica and Xinbao, China's Green Harmony, Zhongji Kemei, etc. In 2020, Hamonac's global market share was greater than 82%, and Green Harmonic accounted for 7% of the market share. According to data from Qianzhan.com, in the global precision reducer market in 2022, the top two Japanese brands Nabtesco and Hamonoko will monopolize 75% of the market share.

The scale of China's RV reducer market is expected to further expand. According to MIR data, China's RV reducer market size will be 4.295 billion yuan in 2021, and is expected to reach 6.553 billion yuan in 2025, with a compound annual growth rate of 11.1%. The domestic RV reducer market is highly concentrated. According to calculations by the Huajing Industrial Research Institute, in 2021, industry leader Nabtesco will occupy 51.8% of the domestic RV reducer market, followed by domestic manufacturer Double Ring Transmission with 15.1%. In recent years, with the development of domestic RV reducers, the market share of Japanese companies in China has been lower than the global level and has a downward trend. In 2021, Nabtesco's market share dropped by 3% compared with 2020, and Sumitomo's market share dropped by 2.3%. , while the market shares of domestic manufacturers Shuanghuan Transmission and Zhongdalide are increasing. The market share of Shuanghuan Transmission increased by 5.8%, and that of Zhongdalide increased by 1%.