As per the estimates put forth by Global Market Insights, Inc., precision gearbox market is anticipated to target an overall valuation of USD 3.1 billion by the end of 2026. Massively driven by the growing automation across myriad industrial sectors, the growth graph of precision gearbox market is poised to display a marked ascent during 2019-2026. High end use of robotic control systems as operating equipment has propelled the market to grow at a prodigious pace over the forecast period. It is imperative to mention that these precision gearboxes support in maintaining torque under specific speed limits whilst providing high reduction ratios. This parameter prompts increased demand of the gearboxes in machine tools, robotics, and several other applications.