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Robotics and Automation Actuators Market

Robotics and Automation Actuators Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The robotics and automation actuators market is estimated to grow at a CAGR 13.57% rate during the forecast period. The need to increase productivity and reduce downtime in industrial facilities and manufacturing activities worldwide are the major factors expected to drive the market for actuators globally. The development of advanced and cost-effective and increasing demand for industrial robots and process automation in different industrial verticals are some of the opportunities impacting the growth of the market.

The rotary actuator segment is expected to grow at the highest CAGR during the forecast period. Rotary actuators are used primarily in automation applications, such as gates, valves, etc. They are used in a wide range of industries where positioning is needed. Rotary actuators are driven by various motor types, voice coils, etc. Applications of rotary actuators include quarter-turn valves, automation, and robotics.

The robotics segment is estimated to account for the largest share in 2019. Industries such as automotive and electrical & electronics have shown higher adoption of robots. Other industries such as pharmaceutical, pulp & paper, and food & beverages are expected to incline more towards the use of robots by increasing adoption of robots by small and medium size enterprises.

The electric actuation segment expected to account for the largest market share. The growth of the electric actuation segment can be attributed to the replacement of hydraulic and pneumatic actuators by electric actuators due to their higher efficiency and greater levels of control. The amount of energy consumed in hydraulic and pneumatic actuators is higher than that by electric actuators.

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period in the market. The robotic and automation actuators market has been growing at a significant rate, and this trend is expected to continue during the forecast period.

Key market players include ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US), Moog (US), SMC (Japan), Curtiss Wright (US), and MISUMI (Japan), among others.

Key Questions addressed by the report

  • How will the drivers, challenges, and future opportunities for the  market affect its dynamics and the subsequent market analysis of the associated trends?
  • What are the key sustainability strategies adopted by leading players operating in the market?
  • What are the new emerging technologies and use cases disrupting the industry?
  • When are the high growth niche segments expected to impact in changing the revenue mix of companies?
  • Who are the key players and innovators in the partnership ecosystem?
  • How is the competitive landscape changing in the client ecosystem and impacting their revenue share?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Robotics and Automation Actuators, By Application

Robotics

Process Automation

6. Robotics and Automation Actuators Market, By Industry

Oil & Gas

Power Generation

Pharmaceutical & Healthcare

Aerospace & Defense

Electronics & Electricals

Utilities

Food & Beverages

Metals, Mining, & Machinery

Chemicals, Paper, and Plastics

Automotive

Marine

Construction

Household & Entertainment

7. Robotics and Automation Actuators Market, By Type

Linear

Rotary

8. Robotics and Automation Actuators, By Actuation

Pneumatic

Electric

Hydraulic

Others

9. Robotics and Automation Actuators, By Design Characteristics

By Torque

By Load

10. Robotics and Automation Actuators, By Region

North America

   US

   Canada

Europe

   UK

   Germany

   Spain

   France

   Turkey

   Rest of Europe

Asia Pacific

   China 

   Japan

   South Korea

   India 

   Australia

   Rest of APAC

Middle East

   UAE

   Saudi Arabia

   Rest of Middle East

Rest of the World

   Latin America

   Africa

11. Company Profiles

Rockwell Automation

Curtiss Wright 

SMC

SKF

Festo

IAI

Macron Dynamics

ABB

Moog

Altra Industrial Motion

Misumi Group Inc.

DVG Automation

Harmonic Drive LLC

Kollmorgen

Nook Industries, Inc.

12. Appendix

About

Abbreviations

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