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Stock impact report

Global Precision Gearbox Market Analysis Report 2024-2030: A USD 5.72 Billion Market by 2030, with Anticipated CAGR of 9.9% from 2024 to 2030 [Yahoo! Finance]

Parker-Hannifin Corporation (PH) 
Last parker-hannifin corporation earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: phstock.com
Company Research Source: Yahoo! Finance
Report by Product (Planetary, Harmonic, Cycloid), Application (Robotics, Military & Aerospace, Materials Handling, Packaging), Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global precision gearbox market size is expected to reach USD 5.72 billion by 2030. The market is anticipated to expand at a CAGR of 9.9% from 2024 to 2030. Increasing implementation of automation technology throughout the production process is likely to propel the demand for the installation of robots and is anticipated to drive the growth of the market. The presence of a large number of raw material suppliers, providing multiple options to product manufacturers is projected to result in low bargaining power. In addition, the low switching cost for manufacturers is expected to decrease the bargaining power of suppliers. Hence, the bargaining power of suppliers is low to medium. The increasing product demand in the medical industry is anticipated to Show less Read more
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