Robotics and Automation Actuators Market

Robotics and Automation Actuators Market by Actuation (Electric, Pneumatic, Hydraulic), Application (Process Automation, Robotics), Industry (Automotive, Electronics, Healthcare), Design Characteristics (Load, Torque) & Region - Global Forecast to 2024

Report Code : AS 6962
Published ON : Mar, 2019

[140 Pages Report] The robotics and automation actuators market is estimated to be USD 15.8 billion in 2019 and is projected to reach USD 30.9 billion by 2024, at a CAGR of 14.37% from 2019 to 2024. The need to increase productivity and reduce downtime in industrial facilities and manufacturing activities worldwide are the major factors expected to drive the market for actuators globally. The development of advanced and cost-effective robotics and automation actuators, and increasing demand for industrial robots and process automation in different industrial verticals are some of the opportunities impacting the growth of the robotics and automation actuators market.

Robotics and Automation Actuators Market

By type, the rotary actuator segment is expected to grow at the highest CAGR during the forecast period

On the basis of type, the given market has been segmented into linear and rotary. The rotary segment is projected to grow at the highest CAGR during the forecast period. Rotary actuators are used primarily in automation applications, such as gates, valves, etc. They are used in a wide range of industries where positioning is needed. Rotary actuators are driven by various motor types, voice coils, etc. Applications of rotary actuators include quarter-turn valves, automation, and robotics.

The robotics segment is expected to grow at the highest CAGR in the robotics and automation actuators market from 2019 to 2024 and to account for the largest share in 2019

Based on application, the robotics and automation actuators market has been segmented into process automation and robotics. Industries such as automotive and electrical & electronics have shown higher adoption of robots. Other industries such as pharmaceutical, pulp & paper, and food & beverages are expected to incline more towards the use of robots by increasing adoption of robots by small and medium size enterprises.

The electric actuation segment to account for the largest market share in robotics and automation actuators market in 2019

Based on actuation, the robotics and automation actuators market has been segmented into pneumatic, hydraulic, and electric. The growth of the electric actuation segment can be attributed to the replacement of hydraulic and pneumatic actuators by electric actuators due to their higher efficiency and greater levels of control. The amount of energy consumed in hydraulic and pneumatic actuators is higher than that by electric actuators.

Robotics and Automation Actuators Market

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period in the robotics and automation actuators market.

The robotic and automation actuators market has been growing at a significant rate, and this trend is expected to continue during the forecast period. However, development of advanced and cost-effective robotics and automation actuators, and increasing demand for industrial robots and process automation in different industrial verticals are some of the opportunities impacting the growth of the robotics and automation actuators market.  China and Japan are primarily investing in robotics and automation to enhance and gain a tactical edge. This is an excellent opportunity for robotics and automation actuator manufacturers to strengthen their businesses in the Asia Pacific region.

Key Market Players

The major players in the robotics and automation actuators market include ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US), Moog (US), SMC (Japan), Curtiss Wright (US), and MISUMI (Japan), among others. ABB is one of the leading players in the robotics and automation actuators market. The company has a large value contract with countries, such as China. It holds a greater share in automating the industrial process across different industrial verticals. The company has also been focusing on the acquisition of small players to increase its product offerings as well as market share. It has adopted several other strategies, such as partnerships, agreements, and the establishment of new manufacturing facilities to strengthen its market position as well ensure future growth.

Recent Developments

  • In August 2018, Rockwell Automation received a contract from the National Copper Corporation, Chile to supply control systems for the Chuquicamata underground mine at USD 50 million. This contract includes the supply, configuration, and assembly of 4 systems which comprise mine control systems.
  • In November 2018, ABB received a contract from China Petroleum Engineering and Construction Corporation (CPECC), China valued at USD 79.0 million for the upgradation of the Bab Onshore Field in Abu Dhabi. This contract includes the fully integrated ABB Electrical, Control and Telecommunication (ECT) solution as well as centralized automation system which is expected to reduce the operation cost of the oilfield by 10 – 15%.
  • In September 2018, Moog and MHD RockLand signed an agreement to co-manage the distribution for P-3 Orion. This involves worldwide customer support to sustain and extend the overall operational life of P-3 Orion community aircraft.

Key Questions addressed by the report

  • How will the drivers, challenges, and future opportunities for the robotics and automation actuators market affect its dynamics and the subsequent market analysis of the associated trends?
  • What are the key sustainability strategies adopted by leading players operating in the robotics and automation actuators market?
  • What are the new emerging technologies and use cases disrupting the industry?
  • When are the high growth niche segments expected to impact in changing the revenue mix of companies?
  • Who are the key players and innovators in the partnership ecosystem?
  • How is the competitive landscape changing in the client ecosystem and impacting their revenue share?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 22)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 26)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
           2.1.3 Breakdown of Primary Interviews By Company Type, Designation, and Region
    2.2 Market Size Estimation
    2.3 Market Definition & Scope
           2.3.1 Segments and Subsegments
           2.3.2 Segment Definitions
                    2.3.2.1 Robotics and Automation Actuators Market, By Actuation
                    2.3.2.2 Robotics and Automation Actuators Market, By Type
                    2.3.2.3 Robotics and Process Automation Actuators Market, By Application
                    2.3.2.4 Robotics and Automation Actuators Market, By Industry
                    2.3.2.5 Robotics and Automation Actuators Market, By Design Characteristics
           2.3.3 Exclusions
    2.4 Research Approach & Methodology
           2.4.1 Bottom-Up Approach
                    2.4.1.1 Regional Robotics and Automation Actuators Market
                    2.4.1.2 General Approach for the Robotics and Automation Actuators Market
                    2.4.1.3 Robotics and Automation Actuators Market By Actuation Segment
                    2.4.1.4 Robotics and Automation Actuators Market By Type Segment
                    2.4.1.5 Robotics and Automation Actuators Market By Application Segment
                    2.4.1.6 Robotics and Automation Actuators Market By Industry Segment
                    2.4.1.7 Robotics and Automation Actuators Market By Design Characteristics Segment
           2.4.2 Top-Down Approach
           2.4.3 Pricing Analysis
    2.5 Triangulation & Validation
           2.5.1 Triangulation Through Secondary
           2.5.2 Triangulation Through Primaries
    2.6 Research Assumptions
           2.6.1 Market Sizing
           2.6.2 Market Forecasting
    2.7 Risks
    2.8 Others
           2.8.1 Limitations/Gray Areas

3 Executive Summary (Page No. - 41)

4 Premium Insights (Page No. - 44)
    4.1 Attractive Opportunities in Robotics and Automation Actuators Market, 2019-2024
    4.2 Robotics and Automation Actuators Market, By Actuation
    4.3 Robotics and Automation Actuators Market, By Country

5 Market Overview (Page No. - 46)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Technological Advancements in Actuators
                    5.2.1.2 Rising Demand for Robots
                    5.2.1.3 Digitalization of Production Processes
                    5.2.1.4 Increased Investments in Automation Across Industry Verticals
           5.2.2 Restraints
                    5.2.2.1 High Overall Installation Cost for Low-Volume Production
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Low-Cost Industrial Robots Capable of Working in Collaboration With Humans
                    5.2.3.2 Use of Advanced Actuators in Different Verticals
           5.2.4 Challenges
                    5.2.4.1 Power Consumption, Noise, and Leak Issues
                    5.2.4.2 Lack of Standard Protocols to Manufacture the Products
                    5.2.4.3 Lack of Skilled Personnel

6 Industry Trends (Page No. - 52)
    6.1 Introduction
    6.2 Evolution
    6.3 Evolution of Actuators
    6.4 Technology Trends
           6.4.1 Smart Actuators
           6.4.2 Hybrid Actuators
           6.4.3 Mems Actuators
           6.4.4 Voice Coil Actuators
    6.5 Standards and Regulations
    6.6 Patent Analysis

7 Robotics and Automation Actuators, By Actuation (Page No. - 56)
    7.1 Introduction
    7.2 Electric
           7.2.1 High Demand for Electric Actuators in Robotic Applications to Boost the Demand for Actuators
    7.3 Pneumatic
           7.3.1 Increasing Demand for Pnuematic Actuators in High Precision Applications to Drive the Demand for Pneumatic Actuators
    7.4 Hydraulic
           7.4.1 Hydrualic Actuators More Efficient for High Load Industrial Applications
    7.5 Others
           7.5.1 Piezeoelectric Actuators to Witness High Market Potential in Future

8 Robotics and Automation Actuators Market, By Type (Page No. - 61)
    8.1 Introduction
    8.2 Linear
           8.2.1 Rod Type Actuators
                    8.2.1.1 Increasing Demand for Rod Driven Actuators in the Aerospace &Defense & Process Automation Industry
           8.2.2 Screw Type Actuators
                    8.2.2.1 Increasing Use of Screw Driven Actuators in Servo Motors, Drive and Control Hardware, and Sensors
           8.2.3 Belt Type Actuators
                    8.2.3.1 Rising Use of Belt Driven Actuators in Increasing and Enhancing Operational Efficiency of Process Automation
    8.3 Rotary
           8.3.1 Motor
                    8.3.1.1 Impressive Surge in the Sales of Industrial Robots to Drive to Growth of Motors During the Forecast Period
           8.3.2 Bladder & Vane Actuators
                    8.3.2.1 Increasing Use of Rotary Actuators in Gates and Valves Used in Process Industries is Expected to Increase the Demand for Bladder & Vane Actuators
           8.3.3 Piston Type Actuators
                    8.3.3.1 Increased Use of Piston Actuators for Precision Control Applications in Electronics Industry is Expected to Increase the Demand for Piston-Type Actuators

9 Robotics and Automation Actuators, By Application (Page No. - 67)
    9.1 Introduction
    9.2 Process Automation
           9.2.1 Machinery
                    9.2.1.1 Continuous Innovation in Industrial Robotics Boosts Its Adoption in Manufacturing
           9.2.2 Material Handling
                    9.2.2.1 Need for Mass Production and Connected Supply Chain to Drive the Growth in This Application
           9.2.3 Flow Control
                    9.2.3.1 Rising Demand for Automation From Manufacturing and Process Industries for Streamlined Process to Boost the Demand for Actuators
           9.2.4 Ventilation
                    9.2.4.1 Increasing Demand for Process Automation From Core Industries to Drive the Demand in This Application
           9.2.5 Others
    9.3 Robotics
           9.3.1 Industry Robots
                    9.3.1.1 Articulated Robot
                               9.3.1.1.1 Articulated Robots are Used in Many Different Applications Owing to Increased Payload Capacity, Reliability, and Speed
                    9.3.1.2 Scara Robot
                               9.3.1.2.1 Best Price-To-Performance Ratio for A High-Speed Robot is Driving the Demand for Scara Robots
                    9.3.1.3 Parallel Robot
                               9.3.1.3.1 The Growth Can Be Attributed to Its Usage in High-Speed Requirment Applications
                    9.3.1.4 Cartesian Robot
                               9.3.1.4.1 Simpler Controls, With A High Degree of Mechanical Rigidity, Accuracy, and Repeatability are Driving the Growth for This Market
                    9.3.1.5 Collaborative Robot
                               9.3.1.5.1 Increase in Demand for Low-Cost Industrial Robots Capable of Working in Collaboration With Humans
                    9.3.1.6 Others
    9.4 Service Robots
           9.4.1 Professional Robots
                    9.4.1.1 Logistics Robots
                               9.4.1.1.1 Increasing Demand for Automated Guided Vehicles in Factories, Warehouses, Logistic Centers, Hospitals to Drive the Growth in This Segment
                    9.4.1.2 Medical Robots
                               9.4.1.2.1 High Demand for Medical Robots Owing to the Subsequent Increase in Joint & Vascular Diseases, and Other Chronic Conditions
                    9.4.1.3 Exoskeleton
                               9.4.1.3.1 High Potential for Exoskeletons to Drive the Growth for Actuators
                    9.4.1.4 Field Robots
                               9.4.1.4.1 Increasing Demand From Utility Applications to Drive the Growth in This Application
                    9.4.1.5 Military Robots
                               9.4.1.5.1 Increased Demand for Robots in Applications Such as Isr, Search and Rescue, Combat Support, Transportation, EOD, Mine Clearance, and Firefighting
                    9.4.1.6 Construction Robots
                               9.4.1.6.1 Increased Demand for Robots to Conduct Lifting and Material Handling Applications
                    9.4.1.7 Public Relation Robots
                               9.4.1.7.1 High Demand From Entertainment Segment to Drive the Demand in This Category
           9.4.2 Personal Robots
                    9.4.2.1 Higher Demand for Service Robots in Domestic Applications

10 Robotics and Automation Actuators Market, By Industry (Page No. - 80)
     10.1 Introduction
     10.2 Food & Beverages
             10.2.1 The Need for Increased Automation and Enhancing the Capacity of Existing Plants are Expected to Drive the Market in Food & Beverages Industry
     10.3 Oil & Gas
             10.3.1 Increasing Oil&Gas Exploration Activities in Asia Pacific Region to Drive the Growth of This Market
     10.4 Metals, Mining, & Machinery
             10.4.1 Requirement of Robust Actuators in Mining Industry Will Drive the Growth in This Market
     10.5 Power Generation
             10.5.1 Increasing Spend on Renewable Power Generation Activities is Expected to Increase the Demand for Actuators
     10.6 Chemicals, Paper, and Plastics
             10.6.1 Increasing Industrialization and Stringent Environmental Regulations are Driving the Market for Actuators in This Segment
     10.7 Pharmaceutical & Healthcare
             10.7.1 Stringent Regulations & Increacing Demand for Surgical Robots in Healthcare Industry is Boosting the Demand for Actuators in This Sector
     10.8 Automotive
             10.8.1 Increased Demand for Industrial Robots in Automotive Sector to Drive the Growth in This Segment
     10.9 Aerospace & Defense
             10.9.1 Increasing Defense Expenditures, Growth in Commercial Aviation and Ongoing Military Modernization Programs are Driving the Demand for Actuators Across the Globe
     10.10 Marine
             10.10.1 Demand From Commercial Shipbuilding is Driving the Growth of the Market
     10.11 Electronics & Electricals
             10.11.1 The Growth Can Be Attributed to Continuously Increasing Demand for Batteries, Chips and Displays
     10.12 Construction
             10.12.1 Increased Demand for Robots to Conduct Lifting and Material Handling Applications to Boost the Demand for Actuators
     10.13 Utilities
             10.13.1 Increasing Demand for Logisitcs, Agriculture, & Field Robots to Drive the Growth in This Market
     10.14 Household & Entertainment
             10.14.1 Increasing Demand for Service Robots in Domestic Applications is Increasing the Demand for Actuators in This Segment

11 Robotics and Automation Actuators, By Design Characteristics (Page No. - 96)
     11.1 Introduction
     11.2 By Load
             11.2.1 High (Above 10 Kn)
             11.2.2 Medium (1 to 10 Kn)
             11.2.3 Low (Below 1 Kn)
     11.3 By Torque
             11.3.1 High (Above 500 Nm)
             11.3.2 Medium (100 to 500 Nm)
             11.3.3 Low (Below 100 Nm)

12 Regional Analysis (Page No. - 100)
     12.1 Introduction
     12.2 North America
             12.2.1 US
                        12.2.1.1 Requirement for Quality Control, Safety, and Sanitation has Led to the Adoption of Industrial Control and Factory Automation in the US
             12.2.2 Canada
                        12.2.2.1 Increased Investment in Canadian Process and Discrete Industries
             12.2.3 Mexico
                        12.2.3.1 Shift in Production Approach From Conventional Practices to Digitalized Methods
     12.3 Europe
             12.3.1 Germany
                        12.3.1.1 Demand Can Be Attributed to Increasing Adoption of Process Automation and Instrumentation Solutions in Automotive, Energy & Power, and Other Process Industries in Germany
             12.3.2 France
                        12.3.2.1 Dynamic Demographics and High-Quality Infrastructure are Positively Impacting the Growth of Various Process Industries in France
             12.3.3 UK
                        12.3.3.1 Increasing Use of Robots in the Field of Medicine, Transport, Space, Automotive, and Manufacturing to Drive the Growth in the UK
             12.3.4 Italy
                        12.3.4.1 Significant Growth of Robot Installations to Drive the Growth in Italy
             12.3.5 Switzerland
                        12.3.5.1 Highly Innovative Swiss Start-Ups in Robotics to Drive the Growth in This Market
             12.3.6 Rest of Europe
                        12.3.6.1 Increasing Demand for Energy-Efficient Solutions and Rising Investments to Develop the Infrastructure of Manufacturing Industries
     12.4 Asia Pacific
             12.4.1 China
                        12.4.1.1 The Continual Need to Increase Automation and Huge Market Growth Potential for Industrial Robots to Drive the Growth in China
             12.4.2 Japan
                        12.4.2.1 Development and Production of Electric Cars Have Led to Increasing Investments in Industrial Robotics
             12.4.3 India
                        12.4.3.1 Increasing Automation in Indian Industrial Sectors to Make Manufacturing Processes More Efficient and Meet Global Quality Standards
             12.4.4 South Korea
                        12.4.4.1 High Density of Industrial Robots in Korea is Attributed to the Huge Investment in the Electronics Industry
             12.4.5 Taiwan
                        12.4.5.1 Recent Surge of Interest in Robot Solutions for the Electronics and Semiconductor Industry is Creating Opportunities for Taiwan
             12.4.6 Rest of APAC
                        12.4.6.1 Rising Need for High-Quality Products, Along With Increased Production Rates to Drive the Growth in This Countries
     12.5 RoW
             12.5.1 Middle East
                        12.5.1.1 Rising Requirement for Oils and Increasing Spending on Infrastructure are Encouraging the Process Industries in This Region
             12.5.2 Latin America
                        12.5.2.1 Growing Industrialization and Upsurge in Process Tracking and Compliances are Driving the Growth of the Process Automation and Instrumentation Market in This Region
             12.5.3 Africa
                        12.5.3.1 Rising Digitalization Initiatives, Ongoing Infrastructural Developments, and Increasing R&D Investments are Driving the Growth of the Process Automation and Instrumentation Market in Africa

13 Competitive Landscape (Page No. - 139)
     13.1 Introduction
     13.2 Competitive Leadership Mapping
             13.2.1 Visionary Leaders
             13.2.2 Innovators
             13.2.3 Dynamic Differentiators
             13.2.4 Emerging Companies
     13.3 Ranking of Key Players, 2018
     13.4 Competitive Scenario
             13.4.1 New Product Developments
             13.4.2 Mergers & Acquisitions
             13.4.3 Contracts

14 Company Profiles (Page No. - 146)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     14.1 Introduction
     14.2 ABB
     14.3 Rockwell Automation
     14.4 Moog
     14.5 Curtiss Wright (Exlar)
     14.6 Altra Industrial Motion
     14.7 SMC
     14.8 Misumi Group Inc.
     14.9 SKF
     14.10 DVG Automation
     14.11 Festo
     14.12 Harmonic Drive LLC
     14.13 IAI
     14.14 Kollmorgen
     14.15 Macron Dynamics
     14.16 Nook Industries, Inc.
     14.17 Rotomation
     14.18 Tolomatic
     14.19 Venture Mfg. Co.
     14.20 Cedrat Technologies
     14.21 Kinitics Automation

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 196)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Available Customization
     15.4 Related Reports
     15.5 Author Details


List of Tables (128 Tables)

Table 1 Robotics and Automation Actuators Market, By Actuation, 2019–2024 (USD Billion)
Table 2 Electric: Robotics and Automation Actuators Market, By Region, 2019–2024 (USD Million)
Table 3 Pnuematic: Robotics and Automation Actuators Market, By Region, 2019–2024 (USD Million)
Table 4 Hydraulic Robotics and Automation Actuator Market, By Region, 2019–2024 (USD Million)
Table 5 Others: Robotics and Automation Actuator Market, By Region, 2019–2024 (USD Million)
Table 6 Robotics and Automation Market, By Type, 2019–2024 (USD Billion)
Table 7 Linear Actuators: Robotics and Automation Actuators Market, By Region, 2019–2024 (USD Million)
Table 8 Linear Actuators: Robotics and Automation Actuators Market, By Type, 2019–2024 (USD Million)
Table 9 Rotary Actuators: Robotics and Automation Actuators Market, By Region, 2019–2024 (USD Million)
Table 10 Rotary Actuators: Robotics and Automation Actuators Market, By Type, 2019–2024 (USD Million)
Table 11 Robotics and Automation Actuators Market, By Application, 2017-2024 (USD Billion)
Table 12 Process Automation: Robotics and Automation Actuator Market, By Region, 2017-2024 (USD Billion)
Table 13 Process Automation: Robotics and Automation Actuator Market, 2017-2024 (USD Billion)
Table 14 Robotics: Robotics and Automation Actuators Market, By Region, 2017-2024 (USD Million)
Table 15 Industrial Robots: Robotics and Automation Actuators Market, By Region, 2017-2024 (USD Million)
Table 16 Robotics and Automation Actuators Market for Industry Robot, By Type of Robot, 2019-2024 (USD Million)
Table 17 Service Robot: Robotics and Automation Actuators Market, By Region, 2017-2024 (USD Million)
Table 18 Robotics and Automation Actuators Market for Service Robots, 2017-2024 (USD Billion)
Table 19 Professional Robots: Robotics and Automation Actuators Market, 2017-2024 (USD Million)
Table 20 Personal Service Robots: Robotics and Automation Actuator Market, By Type, 2017-2024 (USD Million)
Table 21 Robotics and Automation Actuators Market, By Industry, 2017–2024 (USD Billion)
Table 22 Food & Beverages: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 23 Food & Beverages: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 24 Oil & Gas: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 25 Oil & Gas: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Billion)
Table 26 Metals, Mining, & Machinery: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 27 Metals, Mining, & Machinery: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Billion)
Table 28 Power Generation: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 29 Power Generation: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 30 Chemicals, Paper, & Plastics: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 31 Chemicals, Paper, and Plastics: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 32 Pharmaceutical & Healthcare: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 33 Pharmacuetical & Healthcare: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 34 Robotics and Automation Actuators Market for Automotive Industry, By Region, 2017–2024 (USD Million)
Table 35 Automotive Industry: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 36 Aerospace & Defense: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 37 Aerospace & Defense: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Billion)
Table 38 Marine: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 39 Marine: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 40 Electronics & Electricals: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 41 Electronics & Electricals: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 42 Construction: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 43 Construction: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 44 Utilities: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 45 Utilities: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Billion)
Table 46 Household & Entertainment: Robotics and Automation Actuators Market, By Region, 2017–2024 (USD Million)
Table 47 Household & Entertainment: Robotics and Automation Actuators Market, By Application, 2017–2024 (USD Million)
Table 48 Robotics and Automation Actuators Market, By Design Characteristics, 2017-2024 (USD Billion)
Table 49 Robotics and Automation Market, By Load, 2017-2024 (USD Billion)
Table 50 Robotics and Automation Actuators Market, By Torque 2017-2024 (USD Billion)
Table 51 Robotics and Automation Actuators Market Size, By Region, 2017–2024 (USD Billion)
Table 52 North America: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 53 North America: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 54 North America: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 55 North America: Robotics and Automation Actuators Market Size, By Industry, 2017–2024 (USD Million)
Table 56 North America: Robotics and Automation Actuators Market Size, By Country, 2017–2024 (USD Million)
Table 57 US: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 58 US: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 59 US: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 60 Canada: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 61 Canada: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 62 Canada: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 63 Mexico: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 64 Mexico: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 65 Mexico: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 66 Europe: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 67 Europe: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 68 Europe: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 69 Europe: Robotics and Automation Actuators Market Size, By Industry, 2017–2024 (USD Million)
Table 70 Europe: Robotics and Automation Actuators Market Size, By Country, 2017–2024 (USD Million)
Table 71 Germany: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 72 Germany: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 73 Germany: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 74 France: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 75 France: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 76 France: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 77 UK: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 78 UK: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 79 UK: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 80 Italy: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 81 Italy: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 82 Italy: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 83 Switzerland: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 84 Switzerland: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 85 Switzerland: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 86 Rest of Europe: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 87 Rest of Europe: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 88 Rest of Europe: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 89 Asia Pacific: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 90 Asia Pacific: Robotics and Automation Actuators Market Size, By Actuation, 2017–2024 (USD Million)
Table 91 Asia Pacific: Robotics and Automation Actuators Market Size, By Application, 2017–2024 (USD Million)
Table 92 Asia Pacific: Robotics and Automation Actuators Market Size, By Industry, 2017–2024 (USD Million)
Table 93 Asia Pacific: Robotics and Automation Actuators Market Size, By Country, 2017–2024 (USD Million)
Table 94 China: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 95 China: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 96 China: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 97 Japan: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 98 Japan: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 99 Japan: Robotics and Automation Actuators Market Size, By Application, 2019-2024 (USD Million)
Table 100 India: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 101 India: Robotics and Automation Actuators Market Size, By Actuation, 2019-2024 (USD Million)
Table 102 India: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 103 South Korea: Robotics and Automation Actuators Market Size, By Type, 2019–2024 (USD Million)
Table 104 South Korea: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 105 South Korea: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 106 Taiwan: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 107 Taiwan: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 108 Taiwan: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 109 Rest of APAC: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 110 Rest of APAC: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 111 Rest of APAC: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 112 RoW: Robotics and Automation Actuators Market Size, By Type, 2019–2024 (USD Million)
Table 113 RoW: Robotics and Automation Actuators Market Size, By Actuation, 2019–2024 (USD Million)
Table 114 RoW: Robotics and Automation Actuators Market Size, By Application, 2019–2024 (USD Billion)
Table 115 RoW: Robotics and Automation Actuators Market Size, By Industry, 2017–2024 (USD Million)
Table 116 RoW: Robotics and Automation Actuators Market Size, By Region, 2017–2024 (USD Billion)
Table 117 Middle East: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 118 Middle East: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 119 Middle East: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 120 Latin America: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 121 Latin America: Robotics and Automation Actuators Market Size, By Actuation, 2017-2024 (USD Million)
Table 122 Latin America: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 123 Africa: Robotics and Automation Actuators Market Size, By Type, 2017–2024 (USD Million)
Table 124 Africa: Robotics and Automation Actuators Market Size, By Actuation, 2019-2024 (USD Million)
Table 125 Africa: Robotics and Automation Actuators Market Size, By Application, 2017-2024 (USD Million)
Table 126 New Product Developments, January 2016 - December 2018
Table 127 Mergers & Acquisitions, January 2016 - December 2018
Table 128 Contracts, January 2016 - December 2018


List of Figures (38 Figures)

Figure 1 Research Process Flow
Figure 2 Robotics and Automation Actuators Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Robotics Segment Projected to Lead Robotics and Automation Actuators, By Application During Forecast Period
Figure 8 Rotary Type Segment is Projected to Lead the Robotics and Automation Actuators Market During the Forecast Period
Figure 9 Electric Segment is Projected to Lead the Robotics and Automation Actuators By Actuation Market During the Forecast Period
Figure 10 Asia Pacific Projected to Account for the Highest Share in the Robotics and Automation Actuators Market During the Forecast Period
Figure 11 Significant Emerging Demand for Electric Actuators in Robotics and Automation Actuators Market
Figure 12 Electric Segment Projected to Lead Robotics and Automation Actuators Market During Forecast Period
Figure 13 Rotary Actuators Segment Expected to Grow at Highest CAGR During Forecast Period
Figure 14 China Projected to Grow at Highest CAGR in Military Actuators Market During Forecast Period
Figure 15 Robotics and Automation Actuators: Market Dynamics
Figure 16 Annual Shipments of Industrial Robots, By Region, 2014 – 2017
Figure 17 Industrial Robot Shipments, By Industry, 2017
Figure 18 Robotics and Automation Actuators Market, By Actuation, 2019–2024 (USD Billion)
Figure 19 Robotics and Automation Actuators Market, By Type, 2019–2024 (USD Billion)
Figure 20 Robotics and Automation Actuators Market, By Application, 2019-2024 (USD Billion)
Figure 21 Robotics and Automation Actuators Market, By Robotics, 2017-2024 (USD Billion)
Figure 22 Robotics and Automation Actuators Market, By Industry Robots, 2019-2024 (USD Million)
Figure 23 Robotics and Automation Actuators Market, By Service Robots, 2019-2024 (USD Billion)
Figure 24 Robotics and Automation Actuators Market, By Design Characteristics, 2019-2024 (USD Billion)
Figure 25 Asia Pacific Estimated to Account for the Largest Share of the Robotics and Automation Actuators Market in 2019
Figure 26 North America Robotics and Actuation Actuators Market Snapshot
Figure 27 Europe Robotics and Automation Actuators Market Snapshot
Figure 28 Key Developments By Leading Players in the Robotics and Automation Actuators Market Between January 2016 and December 2018
Figure 29 Robotics and Automation Actuators Market OEM Competitive Leadership Mapping, 2019
Figure 30 Market Ranking of Top Players in Robotics and Automation Actuators Market, 2018
Figure 31 ABB: Company Snapshot
Figure 32 Rockwell Automation: Company Snapshot
Figure 33 Moog: Company Snapshot
Figure 34 Curtiss Wright (Exlar): Company Snapshot
Figure 35 Altra Industrial Motion: Company Snapshot
Figure 36 SMC: Company Snapshot
Figure 37 Misumi Group Inc.: Company Snapshot
Figure 38 SKF: Company Snapshot

The study considered major activities to estimate the market size for robotics and automation actuators. Exhaustive secondary research was undertaken to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, and Robotics and Automation Journals & Magazines have been referred to identify and collect information for this study. Secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

The robotics and automation actuators market comprises several stakeholders, such as raw material suppliers, processors, and regulatory organizations in the supply chain. The demand side of this market is characterized by various end users, such as food & beverages, oil & gas, automotive, aerospace & defense, marine, and electronics & electrical industries, among others. The supply side is characterized by significant technological advancements in robotics and automation actuators, development of more efficient and reliable products with high efficiency and precision. Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.

Robotics and Automation Actuators Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the robotics and automation actuators market. These methods were also used extensively to estimate the sizes of various subsegments in the market. The research methodology used to estimate the market size included the following:

  • Key players in the market were identified through secondary research, and their market ranking determined through primary and secondary research. This included a study of annual and financial reports of the top market players and extensive interviews of leaders, including CEOs, directors, and marketing executives.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, and analyzed by MarketsandMarkets and presented in this report.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the robotics and automation actuators industry.

Report Objectives

  • To define, segment, and project the global market size for robotics and automation actuators
  • To understand the structure of the robotics and automation actuators market by identifying the subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to the 5 regions (along with their respective key countries)
  • To profile key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across key regions
  • To analyze competitive developments, such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements in the robotics and automation actuators market

Scope of the report

Report Metric

Details

Market size available for years

2017-2024

Base year considered

2018

Forecast period

2019-2024

Forecast units

Value(USD)

Segments covered

By Actuation, Type, Industry, Application, Design Characteristics, and Region

Geographies covered

North America, APAC, Europe, and RoW

Companies covered

ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US), Moog (US), SMC (Japan), Curtiss Wright(Exlar) (US), and MISUMI (Japan), among others.

This research report categorizes the robotics and automation actuators market based on actuation, type, industry, application, design characteristics, and region.

On the basis of Actuation, the robotics and automation actuators market has been segmented as follows:

  • Electric
  • Pneumatic
  • Hydraulic
  • Others (Shape Memory Alloys, Piezoelectric, Thermal, Hybrid, Magnetic)

On the basis of Type, the robotics and automation actuators market has been segmented as follows:

  • Linear
  • Rotary

On the basis of Application, the robotics and automation actuators market has been segmented as follows:

  • Process Automation
  • Robotics

On the basis of Industry, the robotics and automation actuators market has been segmented as follows:

  • Food & Beverages
  • Oil & Gas
  • Metals, Mining, & Machinery
  • Power Generation
  • Chemicals, Paper, and Plastics
  • Pharmaceutical & Healthcare
  • Automotive
  • Aerospace & Defense
  • Marine
  • Electronics & Electricals
  • Construction
  • Utilities
  • Household & Entertainment

On the basis of Design Characteristics, the robotics and automation actuators market has been segmented as follows:

  • Load
  • Torque

On the basis of Region, the robotics and automation actuators market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

Product Analysis

  • Market analysis of a few countries in the Middle East and Latin American regions, subject to the availability of data

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)
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