As a Research Analyst based in China, Samantha Mou provides support in the Industrial Automation sector. Samantha brings with her a master’s degree in economics, and has experience, whilst working in Germany, conducting market research in industrial equipment and automobile components.
The precision gears market is closely linked to the robotics sector, which contributed 35 percent of global market revenue in 2025, up from 33.6 percent in 2021. By 2030, robotics is projected to account for 46.3 percent of the global precision gear products market. Our latest analysis shows sales of precision gear products across industrial robots, mobile robots, and humanoid robots, and indicates the share of revenues from robotics will increase steadily over the coming years.
The global geared motors and industrial gears (geared products) market was expected to generate $14.2 billion in revenues in 2023, a slight decrease of 0.7 percent from 2022. However, over the next five years we anticipate the market will resume a steady growth trajectory following a further dip in 2024.
Interact Analysis have recently released the 3rd edition of the Geared Motors and Industrial (Heavy-Duty) Gears report. This market study covers finished geared motors and gearboxes for general industrial use, including light- and heavy-duty products, as well as planetary gears, with the exclusion of precision gearboxes and loose gear parts. In this edition, amidst global macroeconomic uncertainty, market trend projections have become more volatile compared to previous years.
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Power Transmission Engineering is THE magazine of mechanical components. PTE is written for engineers and maintenance pros who specify, purchase and use gears, gear drives, bearings, motors, couplings, clutches, lubrication, seals and all other types of mechanical power transmission and motion control components.
