Press release
Global Motors and Actuators Market in Industrial Robots Will Reach At CAGR Of 6.46% Between 2017-2021
Industrial robots are machines that perform complex tasks accurately, at high speed and precision in the industrial processes. The presence of a large number of vendors has resulted in intense competition in the market. These vendors also provide articulated robots to the industrial users to create a competitive edge. The majority of the leading vendors in industrial robotics are based in APAC. Motors and actuators, particularly motors like servo motors and stepper motors are used in industrial robotics. This is because servo and stepper motors provide precision in rotary movement. Actuators like pneumatic and electronic actuators are commonly used as they provide the required linear or circular movement for the robots to perform application-specific tasks.
Technavios analysts forecast the global motors and actuators market in industrial robots to grow at a CAGR of 6.46% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global motors and actuators market in industrial robots for 2017-2021. To calculate the market size, the report considers the revenue generated from the new installations and sales value.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavios report, Global Motors and Actuators Market in industrial robots 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Applied Motion Products
FAULHABER
Nippon Pulse
Schneider Electric
Other prominent vendors
AMTEK
Emerson
Mini Motor
Moog
Nidec
Phytron
TECO Electro Devices
AZBIL
Market driver
Increasing demand for industrial robots in manufacturing companies
For a full, detailed list, view our report
Market challenge
High initial capital expenditure for industrial robots
For a full, detailed list, view our report
Market trend
Increased need for cobots in industrial activity
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by product
Market overview
Global motors market in industrial robots
Global actuators market in industrial robots
PART 07: Market segmentation by end-user
Market overview
Global motor and actuators market in industrial robots in automotive industry
Global motor and actuators market in industrial robots in electronics and electrical industry
Global motor and actuators market in industrial robots in food and beverages industry
Global motors and actuators market in industrial robots in metal industry
Global motors and actuators market in industrial robots in other industries
PART 08: Geographical segmentation
Market overview
Motors and actuators market in industrial robots in APAC
Motors and actuators market in industrial robots in EMEA
Motors and actuators market in industrial robots in the Americas
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Increased need for cobots in industrial activity
Need to replace gear and belts in actuators
Development in frameless servo and stepper motors
PART 11: Vendor landscape
Competition scenario
Other prominent vendors
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