The Worldwide Robotics and Automation Actuators Industry is Projected to Reach $35.8 Billion by 2027

2022-12-03 20:53:43 By : Mr. Alvin Liu

Global Robotics and Automation Actuators Marke Market

Dublin, Nov. 29, 2022 (GLOBE NEWSWIRE) -- The "Robotics and Automation Actuators Market by Actuation (Electric, Pneumatic, Hydraulic), Application (Process Automation, Robotics), Type, Vertical (Automotive, Electronics, Healthcare), Design Characteristics & Region - Global Forecast to 2027" report has been added to's offering. The market size of robotics and automation actuators market is estimated to be valued at USD 18.7 billion in 2022 and is projected to grow at a CAGR of 13.9% during the forecast period. 180 Degree Rotary Actuator

The development of advanced and cost-effective robotics and automation actuators and increasing demand for industrial robots and process automation in various industry verticals are some of the opportunities impacting the growth of the robotics and automation actuators market. Based on type, the rotary actuator segment is estimated to have the highest CAGR in the Robotics and Automation Actuators market during the forecasted period. Based on type, the rotary actuator is expected to lead the robotics and automation actuators market from 2022 to 2027. Growth in rotary actuators can be attributed to the increasing installations of industrial robots and growing demand for service robots.. By vertical, the electronics & electricals segment is estimated to lead the robotics and automation actuators market. The electronics & electricals segment is expected to lead the market for robotics and automation actuators market during the forecast period, driven by the increasing demand for batteries, chips, and displays leading to growth of robotics and automation actuators market for electronics & electrical. Asia Pacific is estimated to lead the robotics and automation actuators market in 2022. The Asia Pacific region is estimated to lead the robotics and automation actuators market in 2022. The robotics and automation actuators market in this region has been studied for Japan, China, India, South Korea, Taiwan, and the Rest of Asia Pacific. Countries in the Asia Pacific region are upgrading various capabilities by undertaking developments in the field of actuators.

China and Japan are primarily investing in robotics and automation to enhance and gain a tactical edge in robotics and process automation. This provides an excellent opportunity for robotics and automation actuators manufacturers to strengthen their businesses in the Asia Pacific region.

Estimated Market Value (USD) in 2022

Forecasted Market Value (USD) by 2027

2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Attractive Growth Opportunities in Robotics and Automation Actuators Market 4.2 Robotics and Automation Actuators Market, by Actuation 4.3 Robotics and Automation Actuators Market, by Type 4.4 Robotics and Automation Actuators Market, by Vertical 4.5 Robotics and Automation Actuators Market, by Country

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers Ongoing Technological Advancements in Robotics and Automation Actuators Increasing Number of New Aircraft Deliveries Investments for Process Automation in Industries of Emerging Economies 5.2.2 Restraints Ongoing Volatility in Oil & Gas Industry and Price of Crude Oil 5.2.3 Opportunities Demand for New and Advanced Actuators in Different Verticals Development of Smart Cities Across the Globe 5.2.4 Challenges Power Consumption, Noise, and Leakage Issues 5.3 Trends/Disruptions Impacting Customers' Business 5.3.1 Revenue Shift and New Revenue Pockets for Robotics and Automation Actuators Market 5.4 Robotics and Automation Market Ecosystem 5.4.1 Prominent Companies 5.4.2 Private and Small Enterprises 5.4.3 End-users 5.5 Technology Analysis 5.6 Use Case Analysis 5.6.1 Use Case: Material Handling 5.6.2 Use Case: Medical Industry 5.6.3 Use Case: Industrial Settings 5.6.4 Use Case: Oil & Gas Industry 5.7 Value Chain Analysis of Robotics and Automation Actuators Market 5.8 Porter's Five Forces Analysis 5.9 Key Stakeholders & Buying Criteria 5.10 Volume Data 5.11 Tariff and Regulatory Landscape 5.12 Key Conferences & Events in 2022-2023

6 Industry Trends 6.1 Introduction 6.2 Evolution 6.3 Technology Trends 6.3.1 Amplified Piezoelectric Actuators 6.3.2 Smart Actuators 6.3.3 Hybrid Actuators 6.3.4 Vacuum Actuators 6.3.5 Explosion-Proof Actuators 6.4 Emerging Technological Trends 6.4.1 Optoelectronic Solutions for Embedded Sensors 6.4.2 Nanotechnology 6.4.3 Artificial Intelligence 6.5 Safety Standards and Selection Criteria for Actuators 6.6 Innovations and Patent Registrations

7 Robotics and Automation Actuators Market, by Actuation 7.1 Introduction 7.2 Electric 7.2.1 Increased Use Across Industries Boosts Demand 7.3 Hydraulic 7.3.1 Use in High-Force Applications Fuels Segment 7.4 Pneumatic 7.4.1 Major Sectors of Use: Food & Beverages and Oil & Gas 7.5 Others 7.5.1 Piezoelectric Actuators to Witness Increased Demand During Forecast Period

8 Robotics and Automation Actuators Market, by Application 8.1 Introduction 8.2 Process Automation 8.2.1 Machinery Increasing Use of Machinery Across Verticals Drives Market 8.2.2 Material Handling Wide Variety of Applications Drives Segment 8.2.3 Flow Control Growth in Chemicals, Oil & Gas, and Food & Beverage Industries Will Drive Demand 8.2.4 Ventilation Semiconductor Manufacturing Facilities That Require Specialized Ventilation Equipment Fuel Demand 8.2.5 Others 8.3 Robotics 8.3.1 Industrial Robots Articulated Robots Wide Variety in Payload Capacity and Suitability Across Many Industries Scara Robots Useful for High-Speed Operations in Confined Workspaces Parallel Robots Designed for High-Speed Applications, Manufacturing, Packaging, Material Handling, and Assembly Cartesian Robots Ideal for Applications Where Large Spans Are Required Collaborative Robots Combining Safety with Low Prices - Challenge for Developers Others 8.3.2 Service Robots Professional Robots Logistics Replacing Automated Rail-Guided Systems in Large Facilities Medical Robots Enhanced Precision During Surgery Due to Automation Drives Segment Exoskeleton Provide Support in Repetitive Tasks Field Robots Suitable for Labor-Intensive Jobs Military Robots Increased Defense Budget Across Countries Drives Segment Inspection & Maintenance Robots Increased Uptime and Reduced Labor Costs Fuel Segment Professional Cleaning Robots Deployed to Improve Efficiency and Enhance Quality of Output Personal Robots Increasing Usage in Household Applications

9 Robotics and Automation Actuators Market, by Type 9.1 Introduction 9.2 Linear Actuators 9.2.1 Rod Type Linear Actuator Increasing Use in Aircraft Structures to Carry Loads Expected to Contribute to Demand 9.2.2 Screw Type Linear Actuator Growing Use with Servomotors in Drive and Control Hardware and Sensors Fuels Demand 9.2.3 Belt Type Linear Actuator Demand Rising to Increase Operational Efficiency of Process Automation 9.3 Rotary Actuators 9.3.1 Motor Surging Sales of Industrial Robots Fuels Demand 9.3.2 Bladder & Vane Increasing Use in Gates and Valves Contributes to Rise in Demand 9.3.3 Piston Type Growing Use for Precision Control Applications in Electronics Industry Expected to Fuel Demand

10 Robotics and Automation Actuators Market, by Vertical 10.1 Introduction 10.2 Food & Beverages 10.2.1 Need for Increased Automation and Capacity Enhancement Drives Segment 10.3 Oil & Gas 10.3.1 Increase in Oil & Gas Exploration Activities in Asia-Pacific Drives Growth 10.4 Metals, Mining & Machinery 10.4.1 Requirement for Robust Actuators in Mining Boosts Segment 10.5 Power Generation 10.5.1 Segment Driven by Increased Spending on Renewable Energy 10.6 Chemicals, Paper & Plastics 10.6.1 Rapid Industrialization and Stringent Implementation of Environmental Regulations - Segment Drivers 10.7 Pharmaceutical & Healthcare 10.7.1 Stringent Regulations for Hygiene Contribute to Growth of Market 10.8 Automotive 10.8.1 Increased Demand for Industrial Robots Fuels Segment 10.9 Aerospace & Defense 10.9.1 Key Drivers: Rise in Defense Expenditure, Increase in Commercial Aviation, Military Modernization 10.10 Marine 10.10.1 Increased Demand for Commercial Shipbuilding Drives Segment 10.11 Electronics & Electricals 10.11.1 Demand for Batteries, Chips, and Displays Boosts Segment 10.12 Logistics 10.12.1 Shortage of Labor Prompts Demand for Logistics Robots 10.13 Inspection, Maintenance & Cleaning 10.13.1 Increased Need for Safety and Operational Efficiency Fuels Segment 10.14 Agriculture & Forestry 10.14.1 Scarcity of Labor Drives Segment

11 Robotics and Automation Actuators, by Design Characteristic 11.1 Introduction 11.2 Load 11.2.1 High 11.2.2 Medium 11.2.3 Low 11.3 Torque 11.3.1 High 11.3.2 Medium 11.3.3 Low

13 Competitive Landscape 13.1 Introduction 13.2 Revenue Analysis of Top Five Market Players, 2021 13.3 Market Share Analysis of Leading Players, 2021 13.4 Company Evaluation Quadrant 13.4.1 Robotics and Automation Actuators Market: Competitive Leadership Mapping Star Emerging Leaders Pervasive Participant 13.4.2 Robotics and Automation Actuators: Market Competitive Leadership Mapping (Sme) Progressive Companies Responsive Companies Starting Blocks Dynamic Companies 13.5 Company Product Footprint Analysis 13.6 Competitive Scenario and Trends 13.6.1 Deals 13.6.2 Product Launches

14 Company Profiles 14.1 Introduction 14.2 Key Players 14.2.1 Abb 14.2.2 Rockwell Automation 14.2.3 Moog 14.2.4 Emerson Electric Co. 14.2.5 Smc 14.2.6 Curtiss-Wright 14.2.7 Misumi Group Inc. 14.2.8 Altra Industrial Motion 14.2.9 Tolomatic 14.2.10 Iai 14.2.11 Skf 14.2.12 Harmonic Drive LLC 14.2.13 Nook Industries, Inc. 14.2.14 Kollmorgen 14.2.15 Dvg Automation 14.2.16 Macron Dynamics 14.2.17 Rotomation 14.2.18 Cedrat Technologies 14.2.19 Kinitics Automation 14.2.20 Festo 14.2.21 Venture Mfg. Co. 14.3 Other Players 14.3.1 Imi plc 14.3.2 Flowserve Corporation 14.3.3 Rotork 14.3.4 Auma

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High Torque Hydraulic Rotary Actuator Global Robotics and Automation Actuators Marke Market