Press release
A Deep Dive into Robotic Smart Motors Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Robotic Smart Motors
The rising use of IoT-based applications is expected to fuel the growth of the robotic smart motors market. IoT applications integrate interconnected devices that gather, analyze, and transmit data to automate processes across sectors like manufacturing and healthcare. Advancements in sensor technology and the growing number of connected devices are driving IoT adoption. Robotic smart motors enhance IoT applications by providing precise control and real-time data monitoring. In September 2022, Ericsson reported that global IoT connections reached 13.2 billion in 2022 and are projected to grow by 18% to 34.7 billion by 2028. Therefore, the increasing adoption of IoT-based applications is boosting the robotic smart motors market.
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What Is the projected market size and growth rate for the robotic smart motors market?
The robotic smart motors market has seen strong growth. It is expected to grow from $3.92 billion in 2024 to $4.17 billion in 2025, at a CAGR of 6.3%. Key drivers include the increasing demand for automation in manufacturing, the push for precision and accuracy, government support for industrial automation, component miniaturization, and improved energy efficiency.
The robotic smart motors market is expected to grow strongly, reaching $5.26 billion by 2029 at a CAGR of 6.0%. Growth will be driven by advancements in automotive and electronics sectors, alongside increasing manufacturing complexity. Trends will include innovations in sensor technology, AI integration, and the adoption of Industry 4.0 principles.
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What new trends are reshaping the robotic smart motors market and its opportunities?
Major companies in the robotic smart motors market are working on advanced products like highly programmable servosystems that integrate smart motors to enhance performance in robotics, industrial automation, and autonomous vehicles. These systems provide precise motion control and are ideal for complex environments. For instance, in April 2022, Moog Animatics, a US-based manufacturer, launched the Class 6 D-style SmartMotor, which offers a compact design with a power range of up to 1 kW. The motor includes advanced features like an absolute multi-turn encoder and wide operating temperature ranges, making it suitable for demanding industrial applications.
What major market segments define the scope and growth of the robotic smart motors market?
The robotic smart motors market covered in this report is segmented -
1) By Component: Hardware, Software
2) By Robot Type: Commercial, Defense
3) By Voltage: 12V, 18V, 24V, 36V, 48V, Above 48V
Subsegments:
1) By Hardware: Motor Drives, Sensors, Actuators, Controllers
2) By Software: Motion Control Software, Firmware, Diagnostic and Monitoring Software
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Which region dominates the robotic smart motors market?
North America was the largest region in the robotic smart motors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic smart motors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the robotic smart motors industry growth?
Major companies operating in the robotic smart motors market are General Motors, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Nidec Corporation, Rockwell Automation Inc, WEG S.A., Yaskawa Electric Corporation, Moog Inc, Sick AG, Amazon Robotics LLC, Lenze GmbH & Co KG, Cruise LLC, Oriental Motor, Innovation First International Inc., Lin Engineering, Aeolus Robotics, Robeteq Inc, RobotShop Inc, Aerobotix, Accio Robotics, Technosoft SA
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What Is Covered In The Robotic Smart Motors Global Market Report?
•Market Size Forecast: Examine the robotic smart motors market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the robotic smart motors market for a structured understanding.
•Key Players Overview: Analyze major players in the robotic smart motors market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the robotic smart motors market.
•Segment Contributions: Evaluate how different segments drive overall growth in the robotic smart motors market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the robotic smart motors market.
•Industry Challenges: Identify potential risks and obstacles affecting the robotic smart motors market.
•Competitive Landscape: Review strategic developments in the robotic smart motors market, including expansions, agreements, and new product launches.
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