Global Robotics And Automation Actuators Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Actuation;

Electric, Pneumatic, Hydraulic and Others.

By Type;

Linear and Rotary.

By Industry;

Food & Beverages, Oil & Gas, Metals, Mining, & Machinery, Power Generation, Chemicals, Paper, and Plastics, Pharmaceutical & Healthcare, Automotive, Aerospace & Defense and Marine.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn594034398 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Robotics And Automation Actuators Market (USD Million), 2020 - 2030

In the year 2023, the Global Robotics And Automation Actuators Market was valued at USD 18,111.73 million. The size of this market is expected to increase to USD 44,082.89 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 13.6%.

The Global Robotics and Automation Actuators Market has emerged as a vital component in the realm of industrial automation, driving efficiency, precision, and versatility across various sectors. Actuators serve as the muscle of automated systems, translating electrical, hydraulic, or pneumatic energy into mechanical motion.

The market's growth is fueled by the increasing adoption of robotics and automation in industries such as manufacturing, automotive, healthcare, and logistics. Actuators play a pivotal role in powering robotic arms, grippers, valves, and other moving components, enabling machines to perform a wide range of tasks with speed, accuracy, and reliability.

One of the primary drivers of the Global Robotics and Automation Actuators Market is the relentless pursuit of operational excellence and cost efficiency by industries worldwide. Actuators offer precise control over motion and positioning, allowing automated systems to optimize production processes, reduce cycle times, and minimize waste.

The demand for miniaturization and lightweight actuators is rising, driven by trends such as the adoption of collaborative robots (cobots) and the integration of automation in portable and wearable devices. As industries seek to enhance productivity, safety, and flexibility in manufacturing operations, the importance of high-performance actuators in enabling seamless automation continues to grow, propelling the expansion of the global market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Actuation
    2. Market Snapshot, By Type
    3. Market Snapshot, By Industry
    4. Market Snapshot, By Region
  4. Global Robotics And Automation Actuators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Adoption of Automation in Various Industries
        2. Demand for High Precision and Accuracy in Manufacturing Processes
        3. Technological Advancements in Actuator Design and Performance
        4. Growing Emphasis on Industrial Safety and Ergonomics
        5. Rising Need for Efficiency and Productivity in Manufacturing Operations
      2. Restraints
        1. High Initial Investment Costs for Automation Systems
        2. Complexity in Integration with Existing Manufacturing Infrastructure
        3. Challenges in Standardization and Compatibility of Actuator Systems
        4. Concerns About Cybersecurity Risks in Automated Systems
        5. Limited Availability of Skilled Workforce for Actuator Maintenance and Operation
      3. Oppurtunities
        1. Expansion into Emerging Markets with Growing Industrialization
        2. Development of Compact and Lightweight Actuators for Portable Applications
        3. Integration of Artificial Intelligence and Machine Learning in Actuator Systems
        4. Adoption of Collaborative Robots and Human-Robot Interaction
        5. Investment in Research and Development for Next-Generation Actuator Technologies
    2. PEST Analysi
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Robotics And Automation Actuators Market, By Actuation, 2020 - 2030 (USD Million)
      1. Electric
      2. Pneumatic
      3. Hydraulic
      4. Others
    2. Global Robotics And Automation Actuators Market, By Type, 2020 - 2030 (USD Million)
      1. Linear
      2. Rotary
    3. Global Robotics And Automation Actuators Market, By Industry, 2020 - 2030 (USD Million)
      1. Food & Beverages
      2. Oil & Gas
      3. Metals, Mining, & Machinery
      4. Power Generation
      5. Chemicals, Paper, and Plastics
      6. Pharmaceutical & Healthcare
      7. Automotive
      8. Aerospace & Defense
      9. Marine
    4. Global Robotics And Automation Actuators Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB
      2. Rockwell Automation
      3. Altra Industrial Motion
      4. Moog, Curtiss Wright
      5. MISUMI
      6. Flowserve Corporation
      7. Crane Holdings, Co.
      8. SMC Corporation
      9. Curtiss-Wright Corporation
      10. IMI
  7. Analyst Views
  8. Future Outlook of the Market

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