In the domestic market, there are five main types of reducer products, namely endless reducer, electric roller, gear reducer, turbine reducer and cycloid reducer. Among them, the output of cycloid reducer is the highest, accounting for 34.24%; The second is worm gear reducer, accounting for 32.64%; Gear reducer ranked third, accounting for 27.36%.

In recent years, benefiting from the rapid development of domestic economy, heavy machinery industry is booming, and the reducer industry, as a basic industry, has also developed rapidly. In terms of output, since 2018, China's reducer output has continued to grow. From January to July, China's total reducer output reached 3.5218 million units, with a cumulative growth rate of 8.09%.

In terms of demand, the demand scale of reducer industry is also expanding. Taking the industrial robot as an example, the reducer is the core component of the substructure transmission device of the power system of the industrial robot. Its main function is to reduce the speed and increase the torque. In terms of value, the reducer accounts for more than 30% of the manufacturing cost of the robot body.

Among them, RV Reducer and harmonic reducer are the most mainstream precision reducers for industrial robots. RV Reducer is gradually replacing harmonic reducer in advanced robot transmission,

Industrial robot is one of the most popular industries at present, and there is no need to say more about its development space. As the most critical functional component of industrial robots, precision reducer is a crucial application link in the robot industry chain. The future demand will grow with the growth of industrial robots.

According to the calculation of the national authoritative department, from 2015 to 2018, the new demand of industrial robots for reducers in China will reach 236000 sets, 296000 sets, 369000 sets and 462000 sets in turn. In addition, for the industrial robots in the domestic market, according to the general service life of 8-10 years, the domestic market demand for precision reducers will exceed 1 million units in the future, and the annual market sales will exceed 10 billion yuan.

Localization is imperative

At present, 75% of the world's precision reducer Market is occupied by Japan's hamenaco and nabotsk. Nabotsk produces RV Reducer, accounting for about 60%, and hamenaco produces harmonic reducer, accounting for about 15%. Japan's reducer technology has always been far ahead of the rest of the industry for many years.

On the other hand, in recent years, although China's robot reducer manufacturers have increased investment, there is still a long way to go from mass production. In the future, the harmonic reducer can be tilted appropriately to realize overtaking in the curve and break the monopoly of Japanese enterprises.

On the whole, China's reducer industry has a bright future and huge potential demand. To this end, domestic manufacturers are stepping up the layout efforts, including Nantong zhenkang, double ring drive, Han's laser and other listed companies, to catch up in the road of localization of reducer.

Therefore, it can be predicted that in addition to the localization trend, the reducer industry will also usher in the peak period of production expansion. For example, Nantong zhenkang plans to have an annual production capacity of 100000 RV reducers and 20000 welding robots by 2020; Double ring drive is expected to have a capacity of 60000 reducers per year by 2019.

In addition, the demand for reducers will no longer be limited to the field of industrial robots, but will gradually penetrate into other fields of precision machinery and general industrial reducers to realize the evacuation of production capacity. For example, RV Reducer is widely used in automobile automatic production line, machine tool, semiconductor manufacturing equipment, measuring equipment, conveying equipment and medical equipment, although it has a production boom due to the demand of industrial robots. In the future, with the improvement of product performance, it can expand to these fields.

The above data and analysis sources refer to the analysis report on market prospect and investment strategic planning of China's reducer Industry issued by foresight Industry Research Institute.