The robotics and automation actuators market size is expected to grow from USD 15.7 billion in 2019 to USD 30.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.36% during the forecast period. The market for robotics and automation actuators is driven due to the increased use of electric actuators and compact pneumatic actuators in robotics and automation applications across the globe. However, formulation and stringent implementation of various regulations to ensure increased safety, reduced power consumption, and noise and leak elimination in robotics and automation actuators are expected to restrain the growth of the robotics and automation actuators market across the globe.
Electric actuation to grow at highest CAGR during the forecast period in robotics and automation actuators market
On the basis of actuation, the robotics and automation actuators market has been segmented into pneumatic, hydraulic, and electric. The electric actuation segment is projected to grow at the highest CAGR during the forecast period. Electric actuators are expected to replace hydraulic and pneumatic actuators due to their higher efficiency and greater levels of control. Major manufacturers of electric actuators include Thomson Linear, SMC, ABB, Rockwell Automation, and Curtiss Wright, among others.
Process automation segment is estimated to account for the largest market share in the robotics and automation actuators market in 2019
The application segment of global robotics and automation actuators market has been further segmented into robotics and process automation. The automation of parts includes various application areas across different industrial verticals where automation actuators are used. The robotics part includes the robotic actuators required for industrial robots and the service robots which are used across different industrial verticals. The demand for factory automation is increasing across industries due to the changing consumption patterns, and production of goods and services. For example, in the food & beverages industry, manufacturers are employing mass customization capabilities to address the changing needs of customers.
The robotics and automation actuators market in Asia Pacific is projected to grow at the highest CAGR
The Asia Pacific region is estimated to lead the global robotics and automation actuators market in 2019, and is expected to continue to lead during the forecast period. This region is upgrading various capabilities by undertaking developments in the field of actuators. China and India 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.
1 Introduction
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
2.1 Research Data
2.1.1.1 Key Data From Secondary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown Of Primaries
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.3 Breakdown Of Primary Interviews By Company Type, Designation, And Region
2.2 Market Size Estimation
2.3 Market Definition & Scope
2.3.2.1 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
2.3.1 Segments And Subsegments
2.3.2 Segment Definitions
2.3.3 Exclusions
2.4 Research Approach & Methodology
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
2.4.1 Bottom-up Approach
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
4 Premium Insights
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
5.1 Introduction
5.2 Market Dynamics
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
5.2.2.1 High Overall Installation Cost For Low-volume Production
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
5.2.4.1 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
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
6 Industry Trends
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
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
8.1 Introduction
8.2 Linear
8.2.1.1 Increasing Demand For Rod Driven Actuators In The Aerospace &Defense & Process Automation Industry
8.2.2.1 Increasing Use Of Screw Driven Actuators In Servo Motors, Drive And Control Hardware, And Sensors
8.2.3.1 Rising Use Of Belt Driven Actuators In Increasing And Enhancing Operational Efficiency Of Process Automation
8.2.1 Rod Type Actuators
8.2.2 Screw Type Actuators
8.2.3 Belt Type Actuators
8.3 Rotary
8.3.1.1 Impressive Surge In The Sales Of Industrial Robots To Drive To Growth Of Motors During The Forecast Period
8.3.2.1 Increasing Use Of Rotary Actuators In Gates And Valves Used In Process Industries Is Expected To Increase The Demand For Bladder & Vane Actuators
8.3.3.1 Increased Use Of Piston Actuators For Precision Control Applications In Electronics Industry Is Expected To Increase The Demand For Piston-type Actuators
8.3.1 Motor
8.3.2 Bladder & Vane Actuators
8.3.3 Piston Type Actuators
9 Robotics And Automation Actuators, By Application
9.1 Introduction
9.2 Process Automation
9.2.1.1 Continuous Innovation In Industrial Robotics Boosts Its Adoption In Manufacturing
9.2.2.1 Need For Mass Production And Connected Supply Chain To Drive The Growth In This Application
9.2.3.1 Rising Demand For Automation From Manufacturing And Process Industries For Streamlined Process To Boost The Demand For Actuators
9.2.4.1 Increasing Demand For Process Automation From Core Industries To Drive The Demand In This Application
9.2.1 Machinery
9.2.2 Material Handling
9.2.3 Flow Control
9.2.4 Ventilation
9.2.5 Others
9.3 Robotics
9.3.1.1.1 Articulated Robots Are Used In Many Different Applications Owing To Increased Payload Capacity, Reliability, And Speed
9.3.1.2.1 Best Price-to-performance Ratio For A High-speed Robot Is Driving The Demand For Scara Robots
9.3.1.3.1 The Growth Can Be Attributed To Its Usage In High-speed Requirment Applications
9.3.1.4.1 Simpler Controls, With A High Degree Of Mechanical Rigidity, Accuracy, And Repeatability Are Driving The Growth For This Market
9.3.1.5.1 Increase In Demand For Low-cost Industrial Robots Capable Of Working In Collaboration With Humans
9.3.1.1 Articulated Robot
9.3.1.2 Scara Robot
9.3.1.3 Parallel Robot
9.3.1.4 Cartesian Robot
9.3.1.5 Collaborative Robot
9.3.1.6 Others
9.3.1 Industry Robots
9.4 Service 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
9.4.1.2.1 High Demand For Medical Robots Owing To The Subsequent Increase In Joint & Vascular Diseases, And Other Chronic Conditions
9.4.1.3.1 High Potential For Exoskeletons To Drive The Growth For Actuators
9.4.1.4.1 Increasing Demand From Utility Applications To Drive The Growth In This Application
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
9.4.1.6.1 Increased Demand For Robots To Conduct Lifting And Material Handling Applications
9.4.1.7.1 High Demand From Entertainment Segment To Drive The Demand In This Category
9.4.1.1 Logistics Robots
9.4.1.2 Medical Robots
9.4.1.3 Exoskeleton
9.4.1.4 Field Robots
9.4.1.5 Military Robots
9.4.1.6 Construction Robots
9.4.1.7 Public Relation Robots
9.4.2.1 Higher Demand For Service Robots In Domestic Applications
9.4.1 Professional Robots
9.4.2 Personal Robots
10 Robotics And Automation Actuators Market, By Industry
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
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
12.1 Introduction
12.2 North America
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
12.2.2.1 Increased Investment In Canadian Process And Discrete Industries
12.2.3.1 Shift In Production Approach From Conventional Practices To Digitalized Methods
12.2.1 Us
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
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
12.3.2.1 Dynamic Demographics And High-quality Infrastructure Are Positively Impacting The Growth Of Various Process Industries In France
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
12.3.4.1 Significant Growth Of Robot Installations To Drive The Growth In Italy
12.3.5.1 Highly Innovative Swiss Start-ups In Robotics To Drive The Growth In This Market
12.3.6.1 Increasing Demand For Energy-efficient Solutions And Rising Investments To Develop The Infrastructure Of Manufacturing Industries
12.3.1 Germany
12.3.2 France
12.3.3 Uk
12.3.4 Italy
12.3.5 Switzerland
12.3.6 Rest Of Europe
12.4 Asia Pacific
12.4.1.1 The Continual Need To Increase Automation And Huge Market Growth Potential For Industrial Robots To Drive The Growth In China
12.4.2.1 Development And Production Of Electric Cars Have Led To Increasing Investments In Industrial Robotics
12.4.3.1 Increasing Automation In Indian Industrial Sectors To Make Manufacturing Processes More Efficient And Meet Global Quality Standards
12.4.4.1 High Density Of Industrial Robots In Korea Is Attributed To The Huge Investment In The Electronics Industry
12.4.5.1 Recent Surge Of Interest In Robot Solutions For The Electronics And Semiconductor Industry Is Creating Opportunities For Taiwan
12.4.6.1 Rising Need For High-quality Products, Along With Increased Production Rates To Drive The Growth In This Countries
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Taiwan
12.4.6 Rest Of Apac
12.5 Row
12.5.1.1 Rising Requirement For Oils And Increasing Spending On Infrastructure Are Encouraging The Process Industries In This Region
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
12.5.3.1 Rising Digitalization Initiatives, Ongoing Infrastructural Developments, And Increasing R&D Investments Are Driving The Growth Of The Process Automation And Instrumentation Market In Africa
Summary: Get latest Market Research Reports on Robotics and Automation Actuators Market . Industry analysis & Market Report on Robotics and Automation Actuators Market is a syndicated market report, published as Robotics and Automation Actuators Market - Global Forecast to 2024. It is complete Research Study and Industry Analysis of Robotics and Automation Actuators Market market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
Robotics and Automation Actuators Market - Global Forecast to 2024
