Robotics and Automation Actuators Market

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 Code: AS 6962 Jun, 2022, by marketsandmarkets.com

[248 Pages Report] MarketsandMarkets: The robotics and automation actuators market is estimated to be valued from USD 18.7 billion in 2022 to USD 35.8 billion by 2027; at a CAGR of 13.9% during the forecast period. Industries across all the regions are expected to adopt robotics and automation actuators that have simple designs, are easy to operate, and are cost-effective. Demand for

Robotics and Automation Actuators Market

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Robotics and Automation Actuators Market Dynamics:

Driver: Ongoing technological advancements in Robotics and automation actuators

The demand for improved performance Robotics and automation actuators for use in various industries has led to the development of new and advanced actuators such as electrical actuators, compact pneumatic actuators, and explosion- proof actuators. Electrical actuators are the most advanced actuators in terms of technology. They are increasingly used in the mining, automation, aerospace & defense, and chemical industries as they are silent, clean, non-toxic, and energy competent. These actuators are more efficient than pneumatic and hydraulic actuators. Electrical actuators can be integrated with critical systems using data bus communication. They offer instant feedback of movements of end effectors and provide accurate variable control over motor speed acceleration and velocity. They are also easy to install. Electrical actuators have a long shelf life and require low maintenance, leading to low total functional costs as compared to other actuators.

Moreover, several other types of actuators, such as mini-electrical actuators, digital linear actuators, and idle speed controllers, have also been developed and introduced in the market. Thus, continuous technological advancements in actuators are expected to lead to their increased application in various industries, thereby fueling their demand across the globe. This increased demand for different types of actuators is expected to contribute to the growth of the Robotics and automation actuators market during the forecast period.

Restraint: Continuous upheavals in the oil & gas industry and volatility in the price of crude oil

Actuators are used in the petrochemicals industry for automation at different stages of the oil & gas supply chain. Continuous upheavals in the oil & gas industry in the form of reduced oil prices have affected oil & gas exploration activities across the globe. Several oil-producing countries are focusing on the optimum utilization of their current oil wells. Exploration and development activities of new oil & gas fields are taking place at a very slow pace. This has adversely affected the overall growth of the actuators market. The price of crude oil has fallen drastically over the last few years, affecting the overall market for various components used in the oil & gas supply chain, including Robotics and automation actuators.

Opportunity: Development of smart cities across the globe

Due to the ongoing rapid urbanization across the globe, there is an increase in the development of smart cities across the globe. Smart cities adopt instrumentation and actuation technologies to manage and interconnect thousands of scattered sensors and actuators, which use the Internet of Things (IoT).

Smart cities use electronically-driven solutions for logistics applications. Smart electrical actuators equipped with inbuilt location feedback and power systems as well as bus communication act as cost-effective solutions for the transformation of control logic into smart motion. These actuators cater to service robots such as cleaning robots, automated guided vehicles, automated parking systems, surveillance robots, etc.

There is an increase in the number of smart cities being planned across the globe, as several existing cities are facing housing shortages, overstretched infrastructures, and uncertain water and energy supplies. This has led to the requirement for smart cities that use the Internet of Things as a networking technology and smart data as a forecasting technology. Thus, the development of smart cities using these technologies is expected to lead to decentralized management, the merger of heating and electricity facilities, and the integration of industrial facilities, buildings, and vehicles as energy suppliers.

Challenge: Power consumption, noise, and leakage issues

The most challenging stage in the manufacturing of actuators is the designing of a circuit that consumes less energy. Actuators consume more energy than sensors, and a single faulty actuator can result in increased electricity consumption. The power, capacity, and weight of electrical actuators are the main reasons for their increased demand in various applications. However, due to the probability of defective circuit designs, customers may not prefer purchasing actuators. Hence, power consumption issues, especially in faulty actuators, act as a challenge for the manufacturers of Robotics and automation actuators.

In addition, the lack of maintenance of actuators may lead to excessive noise and air leakage. These systems are also known to fail over long periods of time, owing to the dampening of the inside edges of their tubes. Moreover, the noise level during the operation of actuators is significantly high, and as such, these systems are sometimes placed in a separate room to limit the sound pollution. In some cases, hazardous chemicals are used in actuators that can lead to the accidental release of chemicals into the air. This can result in an adverse impact on the surrounding environment.

Robotics And Automation Actuators Market Ecosystem

Prominent companies providing Robotics and Automation Actuator Product and solutions private and small enterprises, distributors/suppliers/retailers, and end customers are key stakeholders in the Robotics and Automation Actuator market ecosystem. Investors, funders, academic researchers, distributors, service providers, and industries serve as major influencers in the market.

Robotics and Automation Actuators Market   by Region

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The electric actuation segment of the robotics and automation actuators market is projected to lead the market.

By actuation, the electric segment is estimated to lead the robotics and automation actuators market in 2022. The growth of this segment can be attributed to the high power efficiency, lower system weight and increasing power output.

The Robotics application segment of the robotics and automation actuators market is projected to grow at the highest CAGR during the forecasted period.

By application, the robotics segment is projected to grow at the highest CAGR in the robotics and automation actuators market in 2022. The robotics segment of the market has been further classified into industrial robots and service robots. The growth of this segment is increasing the demand from large-scale enterprises to use industrial robots in their manufacturing plants, while service robots are used for professional as well as personal applications.

The Rotary actuator segment of the robotics and automation actuators market is estimated to have the highest CAGR during the forecasted period

By type, the rotary is estimated to grow at a highest CAGR during the forecast period. . They are used to convert electric energy into rotational motion. These actuators are primarily used in automation applications such as gates, valves, etc., and in industries where accurate positioning of end effectors, such as movement of valves in a pipeline, is required and are fueling the growth of the market inturn.

Asia Pacific is estimated to lead the robotics and automation actuators market

Asia Pacific is estimated to lead the robotics and automation actuators market by 2027.Countries here 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 process automation. This provides an excellent opportunity for actuators manufacturers to strengthen their businesses in the Asia Pacific region

Robotics and Automation Actuators Market   by Region

Key Market Players

ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US). Moog (US), SMC (Japan), Curtis Wright (Exlar) (US), and MISUMI (Japan) are some of the leading players covered in the robotics and automation actuators market report.

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Scope of the Report

Report Metric

Details

Market size available for years

2018-2027

Base year considered

2021

Forecast period

2022-2027

Forecast units

Value (USD Million)

Segments covered

By type, vertical, application, actuation and design characteristics

Geographies covered

North America, Asia Pacific, Europe, and Rest of the World

Companies covered

 

This research report categorizes the Robotics and automation actuators Market based on on type, vertical, application and actuation and region.

Robotics and automation actuators Market, By Application

  • Robotics
  • Process Automation

Robotics and automation actuators Market, By Type

  • Linear Actuators
  • Rotary Actuators

Robotics and automation actuators Market, By Vertical

  • Food & Beverages
  • Oil & Gas
  • Metal Mining & Machinery
  • Power Generation
  • Chemicals, Paper & plastics
  • Pharmaceutical & Healthcare
  • Automotive
  • Aerospace & Defense
  • Marine
  • Electronics & Electricals
  • Logistics
  • Inspection, Maintenance & Cleaning
  • Agriculture & Forestry
  • Others

Robotics and automation actuators Market, By Characteristics

  • Load
  • Torque

Robotics and automation actuators Market, By Actuation

  • Electric
  • Pneumatic
  • Hydraulic
  • Others

Robotics and automation actuators Market, By Design Characteristics

  • Load
  • Torque

Robotics and automation actuators Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Recent Developments

  • In February 2022, ABB successfully completes installation and remote commissioning of new actuators for India’s largest paper and paperboard business. . As a result of the upgrade to Slice xP, which is easy to install and maintain, ITC will benefit from reduced CD profile variability and advanced diagnostics through the built-in monitoring of each actuator.
  • In April 2021, Rockwell Automation entered into a partnership with Comau to simplify robot integration for manufacturers.
  • In March 2021, Federal Equipment Company has awarded Curtiss-Wright a contract to supply Exlar Electro-Mechanical Actuators in support of its weapons elevator systems for the Ford-class aircraft carrier programme. On the Ford-class ships, Exlar actuators are employed in the Jet Blast Defector, Integrated Catapult Control Station, and LSO actuation systems, among other mission-critical areas.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 34)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           1.3.1 REGIONAL SCOPE
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY & PRICING
           1.4.1 USD EXCHANGE RATES
    1.5 LIMITATIONS
    1.6 INCLUSIONS & EXCLUSIONS
    1.7 MARKET STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 39)
    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
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Regional robotics and automation actuators market
                    2.2.1.2 General approach for robotics and automation actuators market
                    2.2.1.3 Robotics and automation actuators market, by actuation
                    2.2.1.4 Robotics and automation actuators market, by type
                    2.2.1.5 Robotics and automation actuators market, by application
                    2.2.1.6 Robotics and automation actuators market, by vertical
                    2.2.1.7 Robotics and automation actuators market, by design characteristic
           2.2.2 TOP-DOWN APPROACH
           2.2.3 PRICING ANALYSIS
    2.3 DATA TRIANGULATION
           2.3.1 TRIANGULATION THROUGH SECONDARY
           2.3.2 TRIANGULATION THROUGH PRIMARIES
    2.4 RESEARCH ASSUMPTIONS
           2.4.1 MARKET SIZING
           2.4.2 MARKET FORECASTING
    2.5 RISKS

3 EXECUTIVE SUMMARY (Page No. - 50)

4 PREMIUM INSIGHTS (Page No. - 53)
    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 (Page No. - 56)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Ongoing technological advancements in robotics and automation actuators
                    5.2.1.2 Increasing number of new aircraft deliveries
                    5.2.1.3 Investments for process automation in industries of emerging economies
           5.2.2 RESTRAINTS
                    5.2.2.1 Ongoing volatility in oil & gas industry and price of crude oil
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Demand for new and advanced actuators in different verticals
                    5.2.3.2 Development of smart cities across the globe
           5.2.4 CHALLENGES
                    5.2.4.1 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
                    TABLE 1 ROBOTICS AND AUTOMATION ACTUATORS MARKET ECOSYSTEM
    5.5 TECHNOLOGY ANALYSIS
           5.5.1 VOICE COIL ACTUATORS
           5.5.2 MICRO-ELECTRO-MECHANICAL SYSTEM (MEMS) ACTUATORS
           5.5.3 HASEL (HYDRAULICALLY AMPLIFIED SELF-HEALING ELECTROSTATIC)
    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
           TABLE 2 ROBOTICS AND AUTOMATION ACTUATORS MARKET: PORTER'S FIVE FORCES
           5.8.1 THREAT OF NEW ENTRANTS
           5.8.2 THREAT OF SUBSTITUTES
           5.8.3 BARGAINING POWER OF SUPPLIERS
           5.8.4 BARGAINING POWER OF BUYERS
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 KEY STAKEHOLDERS & BUYING CRITERIA
           5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    TABLE 3 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
           5.9.2 BUYING CRITERIA
                    TABLE 4 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
    5.10 VOLUME DATA
                    TABLE 5 ANNUAL INSTALLATION OF INDUSTRY ROBOTS: 15 LARGEST MARKETS (2020)
    5.11 TARIFF AND REGULATORY LANDSCAPE
           5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 6 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.12 KEY CONFERENCES & EVENTS IN 2022-2023
                    TABLE 8 ROBOTICS AND AUTOMATION ACTUATORS MARKET: CONFERENCES & EVENTS

6 INDUSTRY TRENDS (Page No. - 75)
    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
           TABLE 9 SELECTION CRITERIA FOR ACTUATORS
    6.6 INNOVATIONS AND PATENT REGISTRATIONS
           TABLE 10 INNOVATIONS & PATENT REGISTRATIONS, 2018-2021

7 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION (Page No. - 83)
    7.1 INTRODUCTION
           TABLE 11 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
           TABLE 12 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
    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 (Page No. - 87)
    8.1 INTRODUCTION
           TABLE 13 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
           TABLE 14 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
    8.2 PROCESS AUTOMATION
           TABLE 15 PROCESS AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
           TABLE 16 PROCESS AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
           8.2.1 MACHINERY
                    8.2.1.1 INCREASING USE OF MACHINERY ACROSS VERTICALS DRIVES MARKET
           8.2.2 MATERIAL HANDLING
                    8.2.2.1 WIDE VARIETY OF APPLICATIONS DRIVES SEGMENT
           8.2.3 FLOW CONTROL
                    8.2.3.1 GROWTH IN CHEMICALS, OIL & GAS, AND FOOD & BEVERAGE INDUSTRIES WILL DRIVE DEMAND
           8.2.4 VENTILATION
                    8.2.4.1 SEMICONDUCTOR MANUFACTURING FACILITIES THAT REQUIRE SPECIALIZED VENTILATION EQUIPMENT FUEL DEMAND
           8.2.5 OTHERS
    8.3 ROBOTICS
           TABLE 17 ROBOTICS ACTUATORS MARKET, BY ROBOT TYPE, 2018–2021 (USD MILLION)
           TABLE 18 ROBOTICS ACTUATORS MARKET, BY ROBOT TYPE, 2022–2027 (USD MILLION)
           8.3.1 INDUSTRIAL ROBOTS
                    TABLE 19 INDUSTRIAL ROBOTICS ACTUATORS MARKET, BY ROBOT TYPE, 2018–2021 (USD MILLION)
                    TABLE 20 INDUSTRIAL ROBOTICS ACTUATORS MARKET, BY ROBOT TYPE, 2022–2027 (USD MILLION)
                    8.3.1.1 Articulated robots
                               8.3.1.1.1 Wide variety in payload capacity and suitability across many industries
                    8.3.1.2 SCARA robots
                               8.3.1.2.1 Useful for high-speed operations in confined workspaces
                    8.3.1.3 Parallel robots
                               8.3.1.3.1 Designed for high-speed applications, manufacturing, packaging, material handling, and assembly
                    8.3.1.4 Cartesian robots
                               8.3.1.4.1 Ideal for applications where large spans are required
                    8.3.1.5 Collaborative robots
                               8.3.1.5.1 Combining safety with low prices - challenge for developers
                    8.3.1.6 Others
           8.3.2 SERVICE ROBOTS
                    TABLE 21 SERVICE ROBOTICS ACTUATORS MARKET, BY ROBOT TYPE, 2018–2021 (USD MILLION)
                    TABLE 22 SERVICE ROBOTICS ACTUATORS MARKET, BY ROBOT TYPE, 2022–2027 (USD MILLION)
                    8.3.2.1 Professional robots
                               TABLE 23 PROFESSIONAL ROBOTS: ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                               TABLE 24 PROFESSIONAL ROBOTS: ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                               8.3.2.1.1 Logistics
                                             8.3.2.1.1.1 Replacing automated rail-guided systems in large facilities
                               8.3.2.1.2 Medical robots
                                             8.3.2.1.2.1 Enhanced precision during surgery due to automation drives segment
                               8.3.2.1.3 Exoskeleton
                                             8.3.2.1.3.1 Provide support in repetitive tasks
                               8.3.2.1.4 Field robots
                                             8.3.2.1.4.1 Suitable for labor-intensive jobs
                               8.3.2.1.5 Military robots
                                             8.3.2.1.5.1 Increased defense budget across countries drives segment
                               8.3.2.1.6 Inspection & maintenance robots
                                             8.3.2.1.6.1 Increased uptime and reduced labor costs fuel segment
                               8.3.2.1.7 Professional cleaning robots
                                             8.3.2.1.7.1 Deployed to improve efficiency and enhance quality of output
                    8.3.2.2 Personal robots
                               8.3.2.2.1 Increasing usage in household applications
                               TABLE 25 PERSONAL ROBOTS: ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                               TABLE 26 PERSONAL ROBOTS: ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)

9 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE (Page No. - 98)
    9.1 INTRODUCTION
           TABLE 27 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
           TABLE 28 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027(USD MILLION)
    9.2 LINEAR ACTUATORS
           9.2.1 ROD TYPE LINEAR ACTUATOR
                    9.2.1.1 Increasing use in aircraft structures to carry loads expected to contribute to demand
           9.2.2 SCREW TYPE LINEAR ACTUATOR
                    9.2.2.1 Growing use with servomotors in drive and control hardware and sensors fuels demand
           9.2.3 BELT TYPE LINEAR ACTUATOR
                    9.2.3.1 Demand rising to increase operational efficiency of process automation
    9.3 ROTARY ACTUATORS
           9.3.1 MOTOR
                    9.3.1.1 Surging sales of industrial robots fuels demand
           9.3.2 BLADDER & VANE
                    9.3.2.1 Increasing use in gates and valves contributes to rise in demand
           9.3.3 PISTON TYPE
                    9.3.3.1 Growing use for precision control applications in electronics industry expected to fuel demand

10 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY VERTICAL (Page No. - 102)
     10.1 INTRODUCTION
               TABLE 29 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
               TABLE 30 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
     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 (Page No. - 110)
     11.1 INTRODUCTION
               TABLE 31 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY DESIGN CHARACTERISTIC, 2018–2021 (USD MILLION)
               TABLE 32 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY DESIGN CHARACTERISTIC, 2022–2027 (USD MILLION)
     11.2 LOAD
               TABLE 33 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY LOAD, 2018–2021 (USD MILLION)
               TABLE 34 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY LOAD, 2022–2027 (USD MILLION)
             11.2.1 HIGH
             11.2.2 MEDIUM
             11.2.3 LOW
     11.3 TORQUE
               TABLE 35 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TORQUE, 2018–2021 (USD MILLION)
               TABLE 36 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TORQUE, 2022–2027 (USD MILLION)
             11.3.1 HIGH
             11.3.2 MEDIUM
             11.3.3 LOW

12 REGIONAL ANALYSIS (Page No. - 114)
     12.1 INTRODUCTION
               TABLE 37 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY REGION, 2018–2021 (USD MILLION)
               TABLE 38 ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY REGION, 2022–2027 (USD MILLION)
             12.1.1 NORTH AMERICA
             12.1.2 PESTLE ANALYSIS: NORTH AMERICA
               TABLE 39 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
               TABLE 40 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 41 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
               TABLE 42 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
               TABLE 43 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
               TABLE 44 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 45 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 46 NORTH AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.1.3 US
                       12.1.3.1 High investment by manufacturing companies in automation of processes
                                   TABLE 47 US: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 48 US: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 49 US: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 50 US: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 51 US: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 52 US: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.1.4 CANADA
                       12.1.4.1 Growth in precision farming and aerospace & defense to boost market
                                   TABLE 53 CANADA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 54 CANADA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 55 CANADA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 56 CANADA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 57 CANADA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 58 CANADA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.1.5 MEXICO
                       12.1.5.1 Exponential growth in manufacturing sector - major driver for market growth
                                   TABLE 59 MEXICO: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 60 MEXICO: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 61 MEXICO: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 62 MEXICO: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 63 MEXICO: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 64 MEXICO: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.2 EUROPE
             12.2.1 PESTLE ANALYSIS: EUROPE
                       TABLE 65 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 66 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 67 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 68 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 69 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 70 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 71 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 72 EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.2.2 GERMANY
                       12.2.2.1 Advanced robotics and HRC – major trends in country
                                   TABLE 73 GERMANY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 74 GERMANY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 75 GERMANY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 76 GERMANY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 77 GERMANY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 78 GERMANY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.2.3 FRANCE
                       12.2.3.1 Increase in use of software applications to control industrial devices boosts market
                                   TABLE 79 FRANCE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 80 FRANCE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 81 FRANCE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 82 FRANCE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 83 FRANCE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 84 FRANCE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.2.4 UK
                       12.2.4.1 Increase in competition and evolving end-user requirements boost market
                                   TABLE 85 UK: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 86 UK: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 87 UK: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 88 UK: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 89 UK: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 90 UK: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.2.5 ITALY
                       12.2.5.1 Automotive hub – key driver for market
                                   TABLE 91 ITALY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 92 ITALY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 93 ITALY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 94 ITALY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 95 ITALY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 96 ITALY: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.2.6 REST OF EUROPE
                       TABLE 97 REST OF EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 98 REST OF EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 99 REST OF EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 100 REST OF EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 101 REST OF EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 102 REST OF EUROPE: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.3 ASIA PACIFIC
             12.3.1 PESTLE ANALYSIS: ASIA PACIFIC
                       TABLE 103 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 104 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 105 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 106 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 107 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 108 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 109 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 110 ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.3.2 CHINA
                       12.3.2.1 Government incentives boost potential to dive into automation
                                   TABLE 111 CHINA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 112 CHINA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 113 CHINA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 114 CHINA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 115 CHINA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 116 CHINA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.3 JAPAN
                       12.3.3.1 Automation companies benefiting from strong growth in manufacturing sector
                                   TABLE 117 JAPAN: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 118 JAPAN: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 119 JAPAN: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 120 JAPAN: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 121 JAPAN: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 122 JAPAN: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.4 INDIA
                       12.3.4.1 Automotive industry - key growth driver
                                   TABLE 123 INDIA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 124 INDIA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 125 INDIA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 126 INDIA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 127 INDIA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 128 INDIA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.5 SOUTH KOREA
                       12.3.5.1 Presence of industrial robot industry drives market
                                   TABLE 129 SOUTH KOREA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 130 SOUTH KOREA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 131 SOUTH KOREA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 132 SOUTH KOREA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 133 SOUTH KOREA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 134 SOUTH KOREA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.3.6 REST OF ASIA PACIFIC
                       TABLE 135 REST OF ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 136 REST OF ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 137 REST OF ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 138 REST OF ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 139 REST OF ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 140 REST OF ASIA PACIFIC: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
     12.4 REST OF THE WORLD
             12.4.1 PESTLE ANALYSIS: REST OF THE WORLD
                       TABLE 141 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 142 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 143 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 144 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 145 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 146 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                       TABLE 147 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 148 ROW: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY REGION, 2022–2027 (USD MILLION)
             12.4.2 MIDDLE EAST
                       12.4.2.1 Market driven by increasing investments in oil & gas industry
                                   TABLE 149 MIDDLE EAST: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 150 MIDDLE EAST: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 151 MIDDLE EAST: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                                   TABLE 152 MIDDLE EAST: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                                   TABLE 153 MIDDLE EAST: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                                   TABLE 154 MIDDLE EAST: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.4.3 LATIN AMERICA
                       TABLE 155 LATIN AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 156 LATIN AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 157 LATIN AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 158 LATIN AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 159 LATIN AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 160 LATIN AMERICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
             12.4.4 AFRICA
                       TABLE 161 AFRICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
                       TABLE 162 AFRICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                       TABLE 163 AFRICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
                       TABLE 164 AFRICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
                       TABLE 165 AFRICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
                       TABLE 166 AFRICA: ROBOTICS AND AUTOMATION ACTUATORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 164)
     13.1 INTRODUCTION
               TABLE 167 KEY DEVELOPMENTS BY LEADING PLAYERS IN ROBOTICS AND AUTOMATION ACTUATORS MARKET BETWEEN 2018 AND 2021
     13.2 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2021
     13.3 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2021
               TABLE 168 ROBOTICS AND AUTOMATION ACTUATORS MARKET: DEGREE OF COMPETITION
     13.4 COMPANY EVALUATION QUADRANT
             13.4.1 ROBOTICS AND AUTOMATION ACTUATORS MARKET: COMPETITIVE LEADERSHIP MAPPING
                       13.4.1.1 Star
                       13.4.1.2 Emerging Leaders
                       13.4.1.3 Pervasive
                       13.4.1.4 Participant
             13.4.2 ROBOTICS AND AUTOMATION ACTUATORS: MARKET COMPETITIVE LEADERSHIP MAPPING (SME)
                       13.4.2.1 Progressive companies
                       13.4.2.2 Responsive companies
                       13.4.2.3 Starting blocks
                       13.4.2.4 Dynamic companies
                                   TABLE 169 ROBOTICS AND AUTOMATION ACTUATORS: KEY STARTUPS/SMES
                                   TABLE 170 ROBOTICS AND AUTOMATION ACTUATORS: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
     13.5 COMPANY PRODUCT FOOTPRINT ANALYSIS
               TABLE 171 COMPANY PRODUCT FOOTPRINT
               TABLE 172 COMPANY APPLICATION FOOTPRINT
               TABLE 173 COMPANY PRODUCT TYPE FOOTPRINT
               TABLE 174 COMPANY REGION FOOTPRINT
     13.6 COMPETITIVE SCENARIO AND TRENDS
             13.6.1 DEALS
                       TABLE 175 ROBOTICS AND AUTOMATION ACTUATORS MARKET, DEALS, 2018–2021
             13.6.2 PRODUCT LAUNCHES
                       TABLE 176 ROBOTICS AND AUTOMATION ACTUATORS MARKET, PRODUCT LAUNCHES, 2018–2021

14 COMPANY PROFILES (Page No. - 181)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     14.1 INTRODUCTION
     14.2 KEY PLAYERS
             14.2.1 ABB
                       TABLE 177 ABB: BUSINESS OVERVIEW
                       TABLE 178 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 179 ABB: DEALS
             14.2.2 ROCKWELL AUTOMATION
                       TABLE 180 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
                       TABLE 181 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 182 ROCKWELL AUTOMATION: DEALS
     4.2.3 MOOG
                       TABLE 183 MOOG: BUSINESS OVERVIEW
                       TABLE 184 MOOG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 185 MOOG: PRODUCT DEVELOPMENTS
             14.2.4 EMERSON ELECTRIC CO.
                       TABLE 186 EMERSON ELECTRIC CO.: BUSINESS OVERVIEW
                       TABLE 187 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.5 SMC
                       TABLE 188 SMC: BUSINESS OVERVIEWS
                       TABLE 189 SMC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 190 SMC: PRODUCT DEVELOPMENTS
             14.2.6 CURTISS-WRIGHT
                       TABLE 191 CURTISS-WRIGHT: BUSINESS OVERVIEW
                       TABLE 192 CURTISS-WRIGHT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 193 CURTISS-WRIGHT: PRODUCT DEVELOPMENTS
                       TABLE 194 CURTISS WRIGHT: DEALS
             14.2.7 MISUMI GROUP INC.
                       TABLE 195 MISUMI GROUP INC.: BUSINESS OVERVIEW
                       TABLE 196 MISUMI GROUP INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.8 ALTRA INDUSTRIAL MOTION
                       TABLE 197 ALTRA INDUSTRIAL MOTION: BUSINESS OVERVIEW
                       TABLE 198 ALTRA INDUSTRIAL MOTION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 199 ALTRA INDUSTRIAL MOTION: PRODUCT DEVELOPMENTS
             14.2.9 TOLOMATIC
                       TABLE 200 TOLOMATIC: BUSINESS OVERVIEW
                       TABLE 201 TOLOMATIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 202 TOLOMATIC: PRODUCT DEVELOPMENTS
             14.2.10 IAI
                       TABLE 203 IAI: BUSINESS OVERVIEW
                       TABLE 204 IAI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.11 SKF
                       TABLE 205 SKF: BUSINESS OVERVIEW
                       TABLE 206 SKF: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 207 SKF: PRODUCT DEVELOPMENTS
                       TABLE 208 SKF: DEALS
             14.2.12 HARMONIC DRIVE LLC
                       TABLE 209 HARMONIC DRIVE LLC: BUSINESS OVERVIEW
                       TABLE 210 HARMONIC DRIVE LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 211 HARMONIC DRIVE LLC: PRODUCT DEVELOPMENTS
             14.2.13 NOOK INDUSTRIES, INC.
                       TABLE 212 NOOK INDUSTRIES, INC.: BUSINESS OVERVIEW
                       TABLE 213 NOOK INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.14 KOLLMORGEN
                       TABLE 214 KOLLMORGEN: BUSINESS OVERVIEW
                       TABLE 215 KOLLMORGEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.15 DVG AUTOMATION
                       TABLE 216 DVG AUTOMATION: BUSINESS OVERVIEW
                       TABLE 217 DVG AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.16 MACRON DYNAMICS
                       TABLE 218 MACRON DYNAMICS: BUSINESS OVERVIEW
                       TABLE 219 MACRON DYNAMICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
            TABLE 220 MACRON DYNAMICS: PRODUCT DEVELOPMENTS
             14.2.17 ROTOMATION
                        TABLE 221 ROTOMATION: BUSINESS OVERVIEW
                        TABLE 222 ROTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.18 CEDRAT TECHNOLOGIES
                        TABLE 223 CEDRAT TECHNOLOGIES: BUSINESS OVERVIEW
                        TABLE 224 CEDRAT TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.2.19 KINITICS AUTOMATION
                        TABLE 225 KINITCS AUTOMATION: BUSINESS OVERVIEW
                        TABLE 226 KINITCS AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 227 KINITICS AUTOMATION: PRODUCT DEVELOPMENTS
             14.2.20 FESTO
                                   TABLE 228 FESTO: BUSINESS OVERVIEW
                                   TABLE 229 FESTO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 230 FESTO: DEALS
             14.2.21 VENTURE MFG. CO.
                                   TABLE 231 VENTURE MFG. CO.: BUSINESS OVERVIEW
                                   TABLE 232 VENTURE MFG. CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     14.3 OTHER PLAYERS
             14.3.1 IMI PLC
                       TABLE 233 IMI PLC: COMPANY OVERVIEW
             14.3.2 FLOWSERVE CORPORATION
                       TABLE 234 FLOWSERVE CORPORATION: COMPANY OVERVIEW
             14.3.3 ROTORK
                       TABLE 235 ROTORK: COMPANY OVERVIEW
             14.3.4 AUMA
                       TABLE 236 AUMA: COMPANY OVERVIEW

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

15 APPENDIX (Page No. - 242)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATION
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

Exhaustive secondary research was undertaken to collect information on the robotics and automation actuators market, its peer markets, 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, the top-down and bottom-up approaches were employed to estimate the total market size. Thereafter, the 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 Drones Journals & Magazines were referred to, 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

Substantial primary research was conducted after obtaining information on the robotics and automation actuators market scenario through secondary research. Various primary interviews were conducted with market experts from both, the demand and supply sides across major regions, namely, North America, Europe, and Asia Pacific (APAC). The primary data was collected through questionnaires, mails, and telephonic interviews.

Robotics and Automation Actuators Market   Size, and Share

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

Market Size Estimation

Both, the top-down and bottom-up approaches were used to estimate and validate the 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.

Bottom- Up Approach

The bottom-up approach was employed to arrive at the overall size of the robotics and automation actuators market. The bottom-up approach has also been implemented to extract data from secondary research to validate revenues of various segments of the market. Market share has then been estimated for each company to verify revenue shares used earlier in the bottom-up approach. With the data triangulation procedure and validation of data through primaries, sizes of the parent market and each individual market have been determined and confirmed in this study.

Steps involved in the bottom-up approach:

  • The bottom-up approach was used to arrive at the regional splits of the robotics and automation actuators market.
  • The regional split of the global market was carried out based on the number of actuators used by each country. This approach was followed to arrive at the market size for robotics and automation actuators and was validated through various primary interviews
  • Market size of the robotics and automation actuators = {(spent on process automation) *(share of actuators in process automation)} + {(totals sales of robotics) *(share of actuators in process automation)}
  • Electric actuator = {(% share in robotics*market size for robotics) + (% share in process automation*market size for process automation)}
  • Linear actuator = {(% share in robotics*market size for robotics) + (% share in process automation*market size for process automation)}
  • Total market = {market for process automation + market for robotics}

Market Size Estimation Methodology: Bottom-Up Approach

Robotics and Automation Actuators Market   Size, and Share

Top-Down Approach

In the top-down approach, the overall market size was used to estimate the size of individual subsegments (mentioned in the market segmentation) through percentage splits in secondary and primary research. For the calculation of specific market segments, the most appropriate immediate market size was used to implement the top-down approach. The bottom-up approach has also been implemented to validate revenues obtained for various market segments.

Market Size Estimation Methodology: Top-Down Approach

Robotics and Automation Actuators Market   Size, and Share

Data Triangulation

After arriving at the overall market size from the market size estimation process, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the estimated numbers for robotics and automation actuators market segments and subsegments. The data was triangulated by studying various factors and trends from, both demand- and supply-sides. Along with this, the market size was validated using both, top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the size of the market based on type, vertical, application and actuation along with a regional analysis.
  • 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, challenges, 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 five 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 new product launches, contracts, agreements, acquisition, collaboration, and joint ventures in the Robotics and automation actuators market

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the market segments at country-level

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Robotics and Automation Actuators Market Size,  Share & Growth Report
Report Code
AS 6962
Published ON
Jun, 2022
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