Robotics and Automation Actuators Market By Type (Rotary, Linear), By Actuation (Electrical, Mechanical, Hydraulic, Pneumatic), By End Use Industry (Oil and Gas, Chemicals and CPI, Water and Wastewater, Paper and Pulp, Mining, Automotive, Food and Beverages, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Robotics and automation actuators are essential components in many robotic and automated systems, responsible for converting electrical or hydraulic energy into precise and repeatable mechanical motion. They play a critical role in controlling the movement of various components, such as robotic arms, grippers, and manufacturing equipment. Actuators provide the required force, speed, and accuracy to move these components precisely and reliably, ensuring that the robotic and automated systems operate efficiently and effectively.
Robotics and automation actuators have several advantages over mechanical actuators. Actuators supply precise and accurate control over the movement of robotic and automated systems. They can be programmed to move in specific patterns and trajectories, ensuring that each movement is consistent and repeatable. Actuators can move at high speeds, allowing robotic and automated systems to operate quickly and efficiently. This is particularly important in manufacturing and assembly lines where speed is critical to meet production targets.
Actuators are generally smaller in size compared to traditional mechanical systems, making them ideal for use in smaller robotic and automated systems where space is limited. Actuators require minimal maintenance as they have fewer moving parts compared to traditional mechanical systems. This results in lower maintenance costs and increased uptime for robotic and automated systems. Many types of actuators, such as electric actuators, are more energy-efficient compared to traditional hydraulic or pneumatic systems. This results in lower operating costs and reduced environmental impact.
The robotics and automation actuators market is expected to witness notable growth during the forecast period, owing to increasing demand for industrial robots, process enhancement ability in 3D printing using linear actuators, and surge in use of robots in healthcare and transportation sector. Moreover, increase in use of intelligent actuators for robotics and industrial automation is expected to provide lucrative opportunities for the growth of the robotics and automation actuators market during the forecast period. On the contrary, high installation costs is the restraint for robotics and automation actuators market growth during the forecast period.
The robotics and automation actuators market is segmented on the basis of type, actuations, end use industries, and region. On the basis of type, the market is divided into rotary, and linear. On the basis of actuations, the market is segregated into electrical, mechanical, hydraulic, and pneumatic. On the basis of end use industries, the market is segregated into oil and gas, chemicals and cpi, water and wastewater, paper and pulp, mining, automotive, food and beverages, and others.
Region-wise, the robotics and automation actuators market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Europe remains significant participant in the robotics and automation actuators market.
The key players that operate in the market include ABB Ltd, Altra Industrial Motion (Regal Rexnord), Crane Holdings, Co., Curtiss-Wright Corporation, Flowserve Corporation, IMI, MISUMI Group Inc., Moog, Rockwell Automation, and SMC Corporation.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the robotics and automation actuators market analysis from 2022 to 2032 to identify the prevailing robotics and automation actuators market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the robotics and automation actuators market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global robotics and automation actuators market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeRotary
Linear
By ActuationElectrical
Mechanical
Hydraulic
Pneumatic
By End Use IndustryOil and Gas
Chemicals and CPI
Water and Wastewater
Paper and Pulp
Mining
Automotive
Food and Beverages
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Moog Inc.
Crane Holdings, Co.
Flowserve Corporation
SMC Corporation
IMI
MISUMI Group Inc.
ABB Ltd.
Curtiss-Wright Corporation
Altra Industrial Motion (Regal Rexnord)
Rockwell Automation, Inc.
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