Robotics and Automation Actuators Market Analysis and Detailed Profiles of Top Industry Players | ABB, Rockwell Automation, Inc., Moog Inc., Curtiss-Wright Corporation, Altra Industrial Motion, SMC Corporation, Festo Group, Harmonic Drive LLC, IAI America

Actuators or drives are essential devices that convert energy into physical motion. Actuators are used in robotics and automation applications, as they help to control equipment by using pneumatic, hydraulic or electronic signals. The majority of actuators produce either linear or rotational motion. The robotics part consists of the robotic actuators which are required for industrial robots and the service robots. These robotics and automation actuators are operated by an external source of energy, typically electric current, hydraulic fluid pressure, or pneumatic pressure. 

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Global Robotics and Automation Actuators Market: Key Players

Key players operating in the global robotics and automation actuators market include, ABB, Rockwell Automation, Inc., Moog Inc., Curtiss-Wright Corporation, Altra Industrial Motion, SMC Corporation, Festo Group, Harmonic Drive LLC, IAI America, Inc., DVG Automation S.p.A., Misumi Corporation, SKF, Cedrat Technologies, Tolomatic, Inc., Venture MFG Co., Kollmorgen, Macron Dynamics Inc., Nook Industries, Inc., and Rotomation, Inc.

Increasing Investments in Automation across Industry Verticals and Increasing Demand for Industrial Robots as well as Process Automation in the Different Industrial Verticals are the Factors Driving Growth of the Global Robotics and Automation Actuators Market

For instance, in August 2018, Rockwell Automation received a contract from the National Copper Corporation, Chile to supply control systems for the Chuquicamata underground mine at US$ 50 million. This contract includes the configuration, supply, and assembly of four systems, which comprise mine control systems.

Global Robotics and Automation Actuators Market: Regional Insights

The robotic and automation actuators market in Asia Pacific is growing at a significant rate and this trend is expected to continue during the forecast period. Asia Pacific has witnessed rapid economic development in the recent past, resulting in an increase in maritime trade. Electronics and electrical industries in countries such as China and Japan, have led to increase in demand for robotics and automation products and services. 

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Global Robotics and Automation Actuators Market: Taxonomy
On the basis of actuation, the global robotics and automation actuators market is classified into:
• Electric
• Pneumatic
• Hydraulic

On the basis of application, the global robotics and automation actuators market is classified into:
• Process Automation
• Robotics

On the basis of end-user industry, the global robotics and automation actuators market is classified into:
• Automotive
• Electronics
• Healthcare

On the basis of design characteristic, the global robotics and automation actuators market is classified into:
• Load
• Torque

On the basis of regions, the global robotics and automation actuators market is classified into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

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