Robotics And Automation Actuators Market Overview
Actuators is the device which cause something to happen like responsible for moving and controlling mechanism of system, for example, robotic movement. Actuator helps to make robots wheels turn, robot gripper to open and close, and joints of robot arm to rotate. Actuator is a mover which requires control device and source of energy. Actuators produces motion which is rotary or linear by converting energy and signals going into system. Actuator uses form of power in converting a control signal into mechanical motion. Pneumatic, Electric and Hydraulic Actuators are main types of actuators which are commonly used. Actuators includes, electric muscular stimulators in robots, jackscrews, stepper motors and electric motors. The main parts of industrial robot are feedback devices, locomotive devices, end-effectors, controllers and manipulators. Electric Actuators are most commonly used linear actuators in robot which converts electric energy into linear motion. Hydraulic actuators are used to convert hydraulic energy which is supplied by pump and processed by control elements into useful work. Hydraulic actuators are of two different types such as rotary and linear actuators. Hydraulic actuators produce high forces speed, hold constant force without supplying more fluid due to incompressible fluid. Linear actuators helps in moving of object from one point to another in straight line. Rotary actuators help in rotating object about an axis. Importance and rising demand has fueled the Robotics and Automation Actuators Market growth.
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Attributes |
Details |
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Robotics and Automation Actuators Market Value (2022) |
US$ 18.7 Bn |
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Robotics and Automation Actuators Market Projected Value (2032) |
US$ 67.48 Bn |
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Robotics and Automation Actuators Market CAGR (2022 – 2032) |
13.8% |
Robotics And Automation Actuators Market Dynamics
Rise in industrialization and rate of urbanization
Rise in industrialization and rate of urbanization is one of the leading factors for the Robotics and Automation Actuators Market growth. Urbanization has given rise in industries. To fulfill the needs of an individual industries are growing rapidly. Urbanization has provided employment in every sectors due to rising industrialization. Industries like automotive, aerospace, construction, manufacturing, transportation, etc. is growing rapidly in urban areas. Use of Robotics and Automation Actuators in manufacturing industries are widely used in facilitating motion in machines. Robotics and Automation Actuators help in reducing scrap and waste by improved accuracy, operate around the clock, perform task faster, time consuming and increase efficiency of the product. These benefits has added higher productivity in manufacturing process in industries. Actuators in automation industries are responsible in controlling, moving, positioning system and making work of automated equipment in easiest way and seamless manner. Industrial robotics are used in material handling, picking heavy loads, packaging, selecting products. Heavy loads and hazardous activities performed by human labor are eliminated due to robotic and automation actuators which helps in labor workers safety. Newly robotic and automation technology has been utilized by variety of industries like agriculture, healthcare, manufacturing, food preparation, military, etc. to boost the efficiency and convenient for consumers and businesses. Robotics and Automation Actuators are highly effective in transporting goods, handling, positioning, picking, packaging in quick and reliable manner. However, due to variety of applications in manufacturing industries Robotics and Automation Actuators are widely used in industries like construction, aerospace, automotive, chemical, agriculture, etc. For instance, in 2022, industrialization in Tamil Nadu along with Kerala has relatively developed the path of industrialization with higher levels of development and lower levels of poverty compared to other states with development of dynamic manufacturing industries which includes, pharmaceuticals, automobiles, auto components, chemicals, plastics, garments, engineering, leather products, textile products, etc. According to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in industrialization and population in urban areas boosts the demand for Robotics and Automation Actuators market growth.
Technological advancement
Recent advancement in Robotics and Automation Actuators has become the major factor in target market growth. Advancement in Robotics and Automation Actuators has been increasing rapidly. Recent technological advancement includes, force sensing, machine vision, advanced mechanics and speech recognition. Technology has opened new opportunities to meet the consumer demands with new trends in robotics and automation actuators in industrial use. Sophia has been considered the most advanced humanoid robot. Humanoid robots are designed as a type of professional robotic system used in research & space exploration, repair and construction, arts and entertainment, personal support and caregiving and healthcare. Advanced robotic systems are able to transform industrial operations. Advanced robots has mobility, integrability, superior perception and adaptability. These advancement in robotics has improved faster setup, more efficient and stable operations in industries. However, technological advancement has given rise in Robotics and Automation Actuators market growth.
Restrains:
However, power supply is needed for robot to carry out activities. Maintenance is needed to keep robotics running smoothly which costs lots of money and more expensive to buy robots, equipment, and software. Loss of jobs and reduced opportunities due to less demand for labor workers will result in rise in unemployment rate. Sometimes robotics may be danger to human being. Thus, higher maintenance and expensive installation costs, rise in unemployment rate due to demand for robots in industries may somewhat restrain the target market growth.
Robotics And Automation Actuators Market Segmentation
Robotics and Automation Actuators Market is segmented based on type, application, end-users and region.
Type Insight
On the basis of Type Robotics and Automation Actuators Market is segmented into Linear, Rotary.
Application Insights
On the basis of Application Robotics and Automation Actuators Market is segmented into Fabrication, Packaging, Picking, Arc Welding, Assembly, Spot Welding, Palletizing, Machine Tending, and Others.
End-Users
On the basis of End-Users Robotics and Automation Actuators Market is segmented into Manufacturing, Mining, Aerospace & Defense, Healthcare, Agriculture and Others. Manufacturing industries has dominated the market due to rising industrialization.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Robotics and Automation Actuators Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, rising automation industries, rise in low-cost manufacturing units, rapid growth in industrialization and rising demand for industrial robots and automation actuators in variety of industries is anticipated to increase demand for Robotics and Automation Actuators in the region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
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Market Segmentation |
By Type - Linear, Rotary By Application - Fabrication, Packaging, Picking, Arc Welding, Assembly, Spot Welding, Palletizing, Machine Tending, and others By End-Users - Manufacturing, Mining, Aerospace & Defense, Healthcare, Agriculture and others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Robotics and Automation Actuators Market report based on type, application, end-users and region:
Robotics and Automation Actuators Market, By Type:
- Linear
- Rotary
Robotics and Automation Actuators Market, By Application:
- Fabrication
- Packaging
- Picking
- Arc Welding
- Assembly
- Spot Welding
- Palletizing
- Machine Tending
- Others
Robotics and Automation Actuators Market, By End-Users:
- Manufacturing
- Mining
- Aerospace & Defense
- Healthcare
- Agriculture
- Others
Robotics and Automation Actuators Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Robotics And Automation Actuators Market Key Players
The key players operating the Robotics and Automation Actuators Market includes,
MISUMI
It is the leading manufacturer and distributor of electrical, industrial supply components, mechanical automation, plastic mold, etc.
Moog
It offers products like turreted weapon systems, actuators, servoactuators, and digital airfield solutions.
ABB
It is the supplier, manufacturer and pioneer in robotics, digital services, machine automation, actuators, etc.
Altra Industrial Motion
It is the global designer and manufacturer of power transmission solutions, motion control, etc. It offers products to be used in medical robotics, remote mining applications, etc.
Curtis-Wright Corporation
It offers highly engineered products and services for use in industrial automation markets, aerospace and defense.
Rockwell Automation
It is the global company which provides digital transformation and industrial automation solutions.
SMC Corporation
It is the manufacturer of electric and pneumatic actuators, air cylinders, grippers in use of automation industries.
Tolomatic Inc.
It is the manufacturer of electric linear actuators, and pneumatic actuators product which includes industrial brakes, valves, gearboxes, motors etc.
DVG Automation S.p.A.
It has become the world leader in valve automation. It is an Italian manufacturer of hydraulic, pneumatic, electro hydraulic and gas operated piston type actuators.
Rotomation
It is the producer of pneumatic rotary actuators, robotic parts for use in automation industries.
Macron Dynamics Inc.
It offers wide range of linear automation solutions like linear robots, screw driven linear actuators, belt driven linear actuators and others.
Thomson Industries Inc.
It offers various actuators like stepper motor linear actuators, precision linear actuators, rodless linear actuators and linear actuators.
SKF Technologies
It is the leading company in linear actuation which is driven electrically, motion systems and telescopic pillar systems.
Recent Development:
- In October 2022, Thomson Industries Inc., has introduced new precision ball splines that use to deliver robust rotary and linear motion integration. These new product has provided an elegant and single shaft solution for integration of linear and rotary motion on single shaft assembly. These newly introduced product are cost effective in industrial robotic applications, and ideal for high speed operation in laboratory automation.
- In June 2022, ABB has launched two transformative products ‘OmniVance FlexArc’ Compact Cell and ‘OmniVance Machining Cell and Software under the new brand of OmniVance at Automatica 2022 which will help in easier welding, more efficient, faster, improves calibration & functionality, setup time, which will help in delivering the next generation of flexible automation at Automatica 2022.
Robotics And Automation Actuators Market Company Profile
- Thomson Industries Inc.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MISUMI
- Moog
- ABB*
- Altra Industrial Motion
- Curtis-Wright Corporation
- Rockwell Automation
- SMC Corporation
- Tolomatic Inc.
- DVG Automation S.p.A.
- Rotomation
- Macron Dynamics Inc.
- SKF Technologies
“*” marked represents similar segmentation in other categories in the respective section
Robotics And Automation Actuators Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End-Users
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Robotic and Automation Actuators Market, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Linear
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Rotary
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Robotic and Automation Actuators Market, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Fabrication
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Packaging
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Picking
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Arc Welding
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Assembly
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
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- Spot Welding
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Palletizing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Machine Tending
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Spot Welding
- Global Robotic and Automation Actuators Market, By End-Users, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Manufacturing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Mining
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Aerospace & Defense
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Healthcare
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Agriculture
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Robotic and Automation Actuators Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Overview
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
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- GCC
- Israel
- South Africa
- Rest of Middle East
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- MISUMI
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Moog
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ABB
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Altra Industrial Motion
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Curtis-Wright Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rockwell Automation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SMC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Tolomatic Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DVG Automation S.p.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rotomation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Macron Dynamics Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Thomson Industries Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SKF Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Robotics and Automation Actuators Market is segmented into type, application, end-users, and region.
Robotics and Automation Actuators Market is driven by factors like rise in industrialization, rate of urbanization, and technological advancement.
By region, the Robotics and Automation Actuators market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.
The key players operating the Robotics and Automation Actuators Market includes, MISUMI, Moog, ABB, Altra Industrial Motion, Curtis-Wright Corporation, Rockwell Automation, SMC Corporation, Tolomatic Inc., DVG Automation S.p.A., Rotomation, Macron Dynamics Inc., Thomson Industries Inc., SKF Technologies, and others.