Press release
Artificial Muscle Market Research Report
Artificial muscles, which are also referred to as muscle-like actuators, are devices or materials that copy the functions of human muscle and can expand, contract, vary their stiffness, or rotate due to an external force (current, voltage, temperature, or pressure). There are three basic responses to actuation, expansion, contraction, and rotation. These can then be combined by a single device and used to create further different types of motion.There are three major groups that artificial muscles can be separated into: Electric field actuation, Pneumatic actuation, and Thermal actuation. Electric field actuation is carried out by polymers called Electro-Active Polymers (EAPs). Pneumatic actuation is carried out by pneumatic artificial muscles (PAMs), and these function by filling up a special pneumatic bladder with air pressurized to a specific pressure. The bladder fills and translates this motion to a contraction along the actuator's axis. SMA artificial muscles, while lightweight and useful in applications that require large force and displacement.
The global Artificial Muscle market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Artificial Muscle is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Artificial Muscle is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Artificial Muscle include NAU, Bayer(Artificial Muscle,Inc.), Steeper Inc, Össur, Coapt,LLC, BiomimeticProducts LLC., Korea Advanced Institute of Science and Technology, Chas A Blatchford & Sons and Blatchford, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Artificial Muscle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Muscle.
The Artificial Muscle market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Artificial Muscle market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Artificial Muscle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
NAU
Bayer(Artificial Muscle,Inc.)
Steeper Inc
Össur
Coapt,LLC
BiomimeticProducts LLC.
Korea Advanced Institute of Science and Technology
Chas A Blatchford & Sons
Blatchford
Otto Bock
WillowWood
PROTEOR
Segment by Type
Electric Field Actuation
Pneumatic Actuation
Thermal Actuation
Segment by Application
Industrial
Medical
Consumer
Automotive
Aerospace
Production by Region
North America
Europe
China
Japan
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