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Robotics & Automation Actuators Market worth $68.17 billion by 2030, growing at a CAGR of 15.89% - Exclusive Report by 360iResearch
The "Robotics & Automation Actuators Market by Actuation (Linear Actuator, Rotary Actuator), Type (Electric, Hydraulic, Pneumatic), Application, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Robotics & Automation Actuators Market to grow from USD 24.26 billion in 2023 to USD 68.17 billion by 2030, at a CAGR of 15.89%.
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Robotics & automation actuators convert energy into physical motion, and most actuators produce rotary or linear motion. Actuators are used in robotics and automation applications, as they help control equipment using pneumatic, hydraulic, or electronic signals. The robotics part consists of the robotic actuators required for industrial and service robots. An external energy source operates these robotics & automation actuators, typically electric current, hydraulic fluid pressure, or pneumatic pressure, which the actuators convert into motion. Increasing investments in automation and demand for industrial robots and process automation in the different industrial verticals enhance the growth of robotics & automation actuators. However, the formulation and stringent implementation of various regulations to ensure reduced power consumption & increased safety is expected to impede the adoption of robotics & automation actuators. In addition, increasing government investments in smart cities and technological advancements are anticipated to create robust opportunities for developing robotics & automation actuators.
Increasing demand for robots in medicine, transport, space, automotive, and manufacturing is estimated to support the growth of robotics & automation actuators in North America. Developing innovative technologies that help reduce power consumption boosts the region's adoption of robotics & automation actuators. The Asia-Pacific has witnessed rapid economic development, increasing maritime trade. Electronics and electrical industries in countries such as China and Japan have increased demand for robotics and automation products and services, which is expected to lead to high usage of robotics & automation actuators in the region. In Europe, the requirement for affordable and advanced robotics & automation actuators and expanding demand for modern robots and procedure automation in various industry verticals are among the factors improving the development of robotics & automation actuators.
Market Segmentation & Coverage:
This research report categorizes the Robotics & Automation Actuators Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Actuation, market is studied across Linear Actuator and Rotary Actuator. The Rotary Actuator is projected to witness significant market share during forecast period.
Based on Type, market is studied across Electric, Hydraulic, and Pneumatic. The Pneumatic is projected to witness significant market share during forecast period.
Based on Application, market is studied across Process Automation and Robotics. The Process Automation is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Agriculture, Automotive & Aerospace, Energy, Entertainment & Amusement, Healthcare, Logistics & warehousing, and Manufacturing. The Healthcare is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Robotics & Automation Actuators Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Robotics & Automation Actuators Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Robotics & Automation Actuators Market, highlighting leading vendors and their innovative profiles. These include ABB Limited, Actuonix Motion Devices Inc., Astro Controls BV, Belimo Aircontrols (USA), Inc., Bray International, Carotek, Inc., Columbus McKinnon Corporation, CRD Devices Ltd., Creative Motion Control, Curtiss-Wright Corporation, DVG Automation Spa, Emerson Electric Co., Ewellix by Schaeffler AG, Festo Corporation, Finch Automation, Firgelli Automations Inc., IAI Industrieroboter GmbH, John Henry Foster Company, Kollmorgen Corporation, KSS Co., Ltd., LINAK Group, Macron Dynamics Inc., Matara UK Limited, MISUMI Corporation, Moog Inc., NOOK Industries, Inc., NSK Americas, PI (Physik Instrumente) L.P., Ramén Valves AB, Rockwell Automation Inc., Rotomation, Inc., Rozum Robotics LLC, Schneider Electric SE, SMC Corporation, Thomson Industries, Inc., and Valmet Group.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Robotics & Automation Actuators Market, by Actuation
7. Robotics & Automation Actuators Market, by Type
8. Robotics & Automation Actuators Market, by Application
9. Robotics & Automation Actuators Market, by End-User
10. Americas Robotics & Automation Actuators Market
11. Asia-Pacific Robotics & Automation Actuators Market
12. Europe, Middle East & Africa Robotics & Automation Actuators Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Robotics & Automation Actuators Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Robotics & Automation Actuators Market?
3. What is the competitive strategic window for opportunities in the Robotics & Automation Actuators Market?
4. What are the technology trends and regulatory frameworks in the Robotics & Automation Actuators Market?
5. What is the market share of the leading vendors in the Robotics & Automation Actuators Market?
6. What modes and strategic moves are considered suitable for entering the Robotics & Automation Actuators Market?
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