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On April 11th, Ningbo Zhongda Leader Intelligent Transmission Company cited a report on precision gearboxes published by QY Research

240411-165811.webp (133 KB) 
According to QY Research, "Global Precision Reducer Market, Results and Forecasts (2017-2028)", the global precision reducer market size was $2.83 billion in 2022 and is expected to grow to $4.04 billion in 2028; the global RV reducer market size reached $1.5 billion in 2027; and the global planetary reducer market size reached $2.231 billion in 2029. The global planetary gearbox market will reach USD 2,231 million in 2029.

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