South Korea Precision Gearbox Market to 2032
Overview
The South Korea Precision Gearbox Market is expected to reach a 291.30 USD Million by 2032 and is projected to grow at a CAGR of 10.16% from 2025 to 2032.
Revenue, 2024 (USD Million)
135.34
Forecast, 2032 (USD Million)
291.30
CAGR, 2024 - 2032
10.16%
Report Coverage
South Korea
South Korea Precision Gearbox Market 2018-2032 USD Million
South Korea Precision Gearbox Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 135.34 USD Million
- Projected Market Size (2032): 291.30 USD Million
- CAGR (2025-2032): 10.16%
Key Findings of South Korea Precision Gearbox Market
- The South Korea Precision Gearbox Market was valued at 135.34 USD Million in 2024.
- The South Korea Precision Gearbox Market is likely to grow at a CAGR of 10.16% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct (OEM) in Sales Channel Segment accounted for the largest share of the market with a revenue of 95.00 USD Million
- The fastest growing segment Robotics in Application Segment grew Fastest with a CAGR of 11.43% during the forecast period from 2024 to 2032.
South Korea Precision Gearbox Market Scope
South Korea Precision Gearbox Market Segmentation & Scope
Application
- Others
- Food And Beverages
- Medical
- Packaging
- Agricultural
- Aerospace And Defense
- Semiconductor Equipment
- Automotive
- Construction Equipment
- Material Handling
- Machine Tools
- Robotics
Sales Channel
- Aftermarket
- Direct (OEM)
Torque
- ABOVE 3000 NM
- 1000-3000 NM
- 500-1000 NM
- 50-500 NM
- UP TO 50 NM
Material
- Others
- Titanium
- Plastics
- Aluminum
- Steel
Axle Load Capacity
- More Than 1500 N
- 800-1500 N
- Up To 800 N
Gearbox Stage
- Double
- Single
- Multi Stage
Mounting Style
- Others
- Through Holes
- Tapped Holes
- Hollow Shaft
- Flange Output
Type
- Others
- Cylindrical Gearboxes
- Worm Gearboxes
- Spur Gearboxes
- Bevel Gearboxes
- Cycloidal Gearboxes
- Harmonic Gearboxes
- Helical Gearboxes
- Planetary Gearboxes
Axis Orientation
- Parallel
- Right Angle
- In-Line
Bearing Type
- Others
- Cross Roller Bearings
- Needle Roller Bearings
- Cylindrical Roller Bearings
- Tapered Roller Bearings
- Deep Groove Ball Bearings
South Korea Precision Gearbox Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 135.34 USD Million |
| Market Value in 2032 | 291.30 USD Million |
| CAGR (2025-2032) | 10.16% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application ,Sales Channel ,Torque,Material,Axle Load Capacity,Gearbox Stage,Mounting Style,Type,Axis Orientation,Bearing Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 135.34 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 135.34 USD Million in 2024.
Segments and Scope
-
South Korea Precision Gearbox Market to 2032, By Application
- Robotics is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 44.60 USD Million in the year 2024.
- Robotics is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 11.43 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Sales Channel
- Direct (OEM) is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 95.00 USD Million in the year 2024.
- Direct (OEM) is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.29 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Torque
- UP TO 50 NM is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 68.11 USD Million in the year 2024.
- UP TO 50 NM is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.41 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Material
- Steel is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 82.77 USD Million in the year 2024.
- Steel is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.43 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Axle Load Capacity
- Up To 800 N is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 80.43 USD Million in the year 2024.
- Up To 800 N is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.44 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Gearbox Stage
- Multi Stage is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 62.87 USD Million in the year 2024.
- Multi Stage is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.60 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Mounting Style
- Flange Output is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 58.05 USD Million in the year 2024.
- Flange Output is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.62 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Type
- Planetary Gearboxes is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 62.67 USD Million in the year 2024.
- Helical Gearboxes is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.69 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Axis Orientation
- In-Line is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 80.82 USD Million in the year 2024.
- In-Line is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.45 % in forecast period 2025-2032.
-
South Korea Precision Gearbox Market to 2032, By Bearing Type
- Deep Groove Ball Bearings is the largest segment in South Korea Precision Gearbox Market to 2032 with a revenue of 55.57 USD Million in the year 2024.
- Deep Groove Ball Bearings is the Fastest growing segment in South Korea Precision Gearbox Market to 2032 with a Growth rate of 10.78 % in forecast period 2025-2032.
South Korea Precision Gearbox Market Company Share Analysis
| Company Name |
|
||
| Siemens | |||
| ABB | |||
| Sumitomo Electric Industries, Ltd. | |||
| Nabtesco Corporation | |||
| Bonfiglioli S.P.A | |||
South Korea Precision Gearbox Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Precision Gearbox Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Precision Gearbox Market is segmented based on Segmentation Application ,Sales Channel ,Torque,Material,Axle Load Capacity,Gearbox Stage,Mounting Style,Type,Axis Orientation,Bearing Type.
South Korea Precision Gearbox Market was valued at USD 135.34(Revenue in USD Million) in 2024.
South Korea Precision Gearbox Market is projected to grow at a CAGR of 10.16% during the forecast period of 2024 to 2032.
The Direct (OEM) segment is expected to dominate the South Korea Precision Gearbox Market, holding a largest market share of 95.00 USD Million in 2024
South Korea Precision Gearbox Market Scope
South Korea Precision Gearbox Market Segmentation & Scope
Application
- Others
- Food And Beverages
- Medical
- Packaging
- Agricultural
- Aerospace And Defense
- Semiconductor Equipment
- Automotive
- Construction Equipment
- Material Handling
- Machine Tools
- Robotics
Sales Channel
- Aftermarket
- Direct (OEM)
Torque
- ABOVE 3000 NM
- 1000-3000 NM
- 500-1000 NM
- 50-500 NM
- UP TO 50 NM
Material
- Others
- Titanium
- Plastics
- Aluminum
- Steel
Axle Load Capacity
- More Than 1500 N
- 800-1500 N
- Up To 800 N
Gearbox Stage
- Double
- Single
- Multi Stage
Mounting Style
- Others
- Through Holes
- Tapped Holes
- Hollow Shaft
- Flange Output
Type
- Others
- Cylindrical Gearboxes
- Worm Gearboxes
- Spur Gearboxes
- Bevel Gearboxes
- Cycloidal Gearboxes
- Harmonic Gearboxes
- Helical Gearboxes
- Planetary Gearboxes
Axis Orientation
- Parallel
- Right Angle
- In-Line
Bearing Type
- Others
- Cross Roller Bearings
- Needle Roller Bearings
- Cylindrical Roller Bearings
- Tapered Roller Bearings
- Deep Groove Ball Bearings
Frequently Asked Questions
The South Korea Precision Gearbox Market is segmented based on Segmentation Application ,Sales Channel ,Torque,Material,Axle Load Capacity,Gearbox Stage,Mounting Style,Type,Axis Orientation,Bearing Type.
South Korea Precision Gearbox Market was valued at USD 135.34(Revenue in USD Million) in 2024.
South Korea Precision Gearbox Market is projected to grow at a CAGR of 10.16% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Precision Gearbox Market for final year is USD 291.30 (USD Million).
South Korea Precision Gearbox Market Company Profiling
Frequently Asked Questions
The South Korea Precision Gearbox Market is segmented based on Segmentation Application ,Sales Channel ,Torque,Material,Axle Load Capacity,Gearbox Stage,Mounting Style,Type,Axis Orientation,Bearing Type.
South Korea Precision Gearbox Market was valued at USD 135.34(Revenue in USD Million) in 2024.
South Korea Precision Gearbox Market is projected to grow at a CAGR of 10.16% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Precision Gearbox Market for final year is USD 291.30 (USD Million).
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