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Artificial Muscle Market Gears Up for Growth Beyond Robotics: Unleashing the Potential of the Artificial Muscle Market
Artificial Muscle Market worth $5.36 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Artificial Muscle Market- (By Type (Electric Field Actuation, Pneumatic Actuation, Thermal Actuation), By Application (Industrial, Medical, Consumer, Automotive, Aerospace)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Artificial Muscle Market is valued at US$ 2.23 Bn in 2022, and it is expected to reach US$ 5.36 Bn by 2031, with a CAGR of 10.4% during a forecast period of 2024-2031.
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Artificial Muscles: Powering the Future of Robotics
Artificial muscles, also known as muscle-like actuators, are a transformative technology with the ability to:
• Expand and contract
• Change stiffness
• Spin
These actions are triggered by external forces such as current, voltage, temperature, or pressure.
Diverse Materials, Diverse Applications
A variety of materials can be used to create artificial muscles, each with its own unique properties and motion capabilities:
• Polymers
• Carbon nanotubes
• Shape-memory alloys
• Electroactive polymers
Driving Growth: Innovation and Demand
The demand for artificial muscles has surged due to several key factors:
• Advancements in materials science and engineering: This has led to the development of innovative materials with properties that mimic natural muscles.
• Need for flexible and lightweight actuation in robotics: Artificial muscles offer a solution for achieving more natural and diverse movements in robotic systems.
• The rise of soft robotics: This rapidly growing field focuses on building robots with adaptable and cooperative structures. Artificial muscles are crucial for soft robotics as they provide the necessary deformability and flexibility for safe interaction with people and delicate objects. This growing field is a significant driver of market expansion.
The Future of Robotics
As the field of robotics continues to evolve across various industries, the need for artificial muscles for actuation is expected to grow even stronger. Artificial muscles hold immense potential for powering the next generation of robots.
List of Prominent Players in the Artificial Muscle Market:
• NAU
• Bayer (Artificial Muscle, Inc.)
• Steeper Inc
• Coapt, LLC
• Biomimetic Products LLC.
• Korea Advanced Institute of Science and Technology
• Chas A Blatchford and Sons
• Blatchford
• Otto Bock
• WillowWood
Market Dynamics:
Drivers-
The demand for robotics and prosthetics is expanding, which is good news for the market for artificial muscles. Compared to conventional actuators, artificial muscles have a variety of advantages, including a lightweight and compact design, a high power-to-weight ratio, and a superior ability to mimic human movement accurately.
The need for artificial muscles is growing due to their increased incorporation into robotic systems and prosthetic devices. The growing application of robotics in several industries, including manufacturing, healthcare, and logistics, drives up demand for artificial muscle. These muscles enable more accurate and organic movements, enhancing the capabilities and performance of robots.
Challenges:
The expensive cost of generating artificial muscles is one of the key barriers preventing the spread and implementation of this technology in different industries. This restriction can be attributed to several factors that influence the overall cost of artificial muscles.
Artificial muscles can be more expensive than natural muscles, especially if they use cutting-edge materials or technology. This cost constraint can prevent widespread adoption in some sectors. It can be difficult to regulate and sense artificial muscles precisely. Creating trustworthy control systems that match the intricacy and adaptability of natural muscle control is still difficult.
Regional Trends:
The North American artificial muscle market is expected to register a major market share. Due to its long history of scientific research and development in sectors like materials science and robotics, North America held the largest stake. The creation of artificial muscles has advanced significantly.
As a result, thanks to numerous research institutions and universities. America is known for being at the forefront of technical advancement. Besides, Europe had a substantial share of the market. Many businesses and startups in the Asia Pacific region are actively working to develop and market artificial muscle technology for various uses, including robotics, prosthetics, haptic feedback systems, aerospace, and robotics.
The Pacific region's access to venture financing and government funding for research and development has helped the artificial muscle business expand. To promote the creation of innovative technologies, product prototypes and commercialization initiatives are the major factors that accelerate the market growth.
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Key Developments:
• In Apr 2021, NAU mechanical engineers made new, high-performance technology for robotic muscles. The cavatappi artificial muscles were built on twisted polymer actuators (TPAs). When they first came out, TPAs were pretty groundbreaking because they were powerful, lightweight, and cheap.
• In Sept 2019, Coapt redesigned and improved the system for controlling prosthetic arms. The company talked about its patented technology for the second version. The Coapt COMPLETE CONTROL System Gen2 was redesigned from top to bottom. It used a new mix of machine learning and artificial intelligence (AI) to create a human-bionic interface that learned and adapted to users, giving them unmatched control over their prosthetic arms.
Segmentation of Artificial muscle Market-
By Type
• Electric Field Actuation
• Pneumatic Actuation
• Thermal Actuation
By Application
• Industrial
• Medical
• Consumer
• Automotive
• Aerospace
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
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