Precision geared products market projections drop, but recovery looks set to continue in 2026 with 8% revenue growth
PR contact: Chloe Starks
FOR IMMEDIATE RELEASE: February 2026
- Average annual growth forecasts for the precision gear products market dip from 9.2% (2024-2028) to 7.7% for 2024-2030 due to weaker-than-expected recovery.
- Sales estimated to have grown by +7.8% year-on-year in 2025 to $3.2 billion.
- Rapid growth in Asia Pacific region and largest market share at 54% of revenues.
London, 25th February 2026 – Projected average annual growth figures for the precision geared products market have been revised down from 9.2% (2024-2028) to 7.7% for 2024-2030 by market intelligence expert Interact Analysis. This change to its Precision Gearboxes and Geared Motors – 2025 report reflects a weaker-than-expected recovery in investment across all major regions.
However, the market returned to growth in 2025, with an estimated 7.8% annual growth to $3.2 billion, fuelled by a strong rebound in industrial robot production in Asia. This is expected to improve further in 2026, as the manufacturing industry shows continuing signs of recovery, with a year-on-year rise of 8% in revenues projected.
Tough 2024 followed by sluggish demand in Europe and US constrains growth
Growth in the precision geared products market through 2024 was significantly lower than expected, with a -10.5% decline in precision gear product sales following a dip in 2024. This was largely due to a decrease in industrial robot production, caused by weak investment in key sectors like automotive and machine tools. Supply chain disruptions in 2023 led to over-ordering and high inventories, which also constrained growth.
Robotics production and demand in Europe remain sluggish, while ongoing uncertainties in the US are impacting investment decisions. In China, the robotics market performed well in 2025, but the growth may stabilize in 2026 as manufacturing investment has been slowing amid measures to control excess capacity expansion.

Falling sales in 2024 led to a downward revision in projections for the geared products market
The Asia Pacific region leads the precision geared motors market, accounting for 54% of total global revenue, whilst Japan and China saw a significant recovery in industrial robot production in 2025. Additionally, the rapidly growing humanoid robot market is further driving growth in the region. Meanwhile, Europe has seen the slowest recovery out of all major regions, although specific sectors such as the mobile robotics, medical equipment, and defense sectors have performed well. The Americas is expected to see a continued recovery in precision geared product sales during 2026, benefitting from reshoring initiatives and policies supporting advanced manufacturing.
Samantha Mou, Interact Analysis Senior Market Analyst, China, says, “Despite challenges, the global manufacturing economy is beginning to show signs of recovery, as we had been forecasting since the last edition of this report. We anticipate the Americas and EMEA will see a recovery in 2026, while growth in APAC is set to stabilize following the significant rebound in industrial robot production in 2025.”
About the Report:
Precision Gearboxes & Geared Motors
This report provides highly-detailed insight and analysis into the precision gearbox & geared motor market.
It is built through extensive primary research and supplier reporting and utilizes data from Interact Analysis’ “Manufacturing Industry Output Tracker (MIO)” – highly regarded for its industry forecasts by country, which will inform the forecasts for precision gear devices at a country-level.
About Interact Analysis
With over 200 years of combined experience, Interact Analysis is the market intelligence authority for global supply chain automation. Our research covers the entire automation value chain – from the technology used to automate factory production, through inventory storage and distribution channels, to the transportation of the finished goods. The world’s leading companies trust us to surface robust insights and opportunities for technology-driven growth. To learn more, visit www.InteractAnalysis.com.
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