It is estimated that the robotics and automation actuators market will be

It is estimated that the robotics and automation actuators market will be

COVINA, Oct 20, 2022 (GLOBE NEWSWIRE) – The Robotics and Automation Actuators market size was $18.7 billion in 2022 and is estimated to be $67.48 billion by 2032 and is expected to register a compound annual growth rate of 13.8%. Automation is the process in which technology is used to complete tasks. Robotics is the process in which robots are developed to perform certain functions. Electric motors are commonly used in the robotics industry. Converts electrical energy into rotating or linear motion. Electric, pneumatic, and hydraulic actuators are the main types of actuators that aid in robotic function. Industrial robots offer a variety of applications in material handling, coating, assembly, picking, palletizing, packing, spot welding, arc welding, deburring and polishing, grinding, mechanical cutting, etc. Motors play a major role in robotics because they make the robots arm to rotate, the robots wheel to turn, and the robot clutch to open or close. Robotics and automation actuators are widely used in the chemical, mining, aerospace, defense and automation industries due to their non-toxic, energy efficient, clean and silent properties. Robotic automation is used by manufacturers to automate iterative material handling and assembly. Robots are used in the manufacturing industries for moving, manufacturing, assembling and finishing parts. ABB, Yamaha Motors, iRobot, Zebra Technologies, Nividia, Fanuc, Universal Robots Technologies, Yaskawa, Midea Group and Denso Corporation are the world’s largest robotics companies in 2022 that topped all innovations. Sensing, perception, operator interface, programming, manipulation, stimuli, and navigation or movement are key areas of robotics. Medical robots are used in healthcare to simplify clinical workflows, assist in surgeries, workplace safety, hospital logistics, and enhance patient care. However, the wide applications have boosted the growth of the robotics and automation actuators market.

Report “Robots and Automation Actuators Market, by Type (Linear, Rotary), by Application (Manufacturing, Packaging, Picking, Arc Welding, Assembly, Spot Welding, Palletizing, Inclining Machine, etc.), by End Users (Manufacturing, Mining Aerospace, defence, healthcare, agriculture, etc.) and by region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) – trends, analysis, and forecasts to 2032”

the main points:

  • In May 2022, Qualcomm launched advanced development of smarter and safer autonomous robotics for Industry 4.0, logistics, and urban air mobility with next-generation 5G and Al Robotics solutions. Newly advanced development will enable connected robots and smarter, more productive and advanced intelligent machines to improve business processes, fuel innovation, and enhance manufacturing productivity.
  • In February 2022, AMP (Applied Motion Products) released a new line of linear actuators with integrated stepper motors equipped with StepSERVO. These new released actuators use AMP closed-loop stepper technology used for programming, on-board direct drive motors, and optional networking.

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Analyst view:

The growth in manufacturing has increased the demand for automation and automation in material handling and other processes. The rise in automation industries, low cost manufacturing units and the importance of robotic actuators and automation in industries has boosted the growth of the target market. Robots are important in the future because they will help increase productivity and economic growth, help eliminate dangerous jobs for humans, and create new opportunities around the world for many people. However, the rise in manufacturing and new technological advancement has given a positive impact on the growth of the target market and it is expected to rise till the forecast period. As a result, competition in the market intensifies, and both major international companies and start-ups are vying to establish themselves in the market.

Browse 60 tables of market data* and 35 numbers* through 140 segments and an in-depth TOCRobotics and automation actuators market, by type (linear, rotary), by application (manufacturing, packaging, picking, arc welding, assembly, spot welding, palletizing, tilting machine, etc.), by end users (manufacturing and mining, aerospace defense, healthcare, agriculture, etc.) and by region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) – trends, analysis, and forecasts to 2032”

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Key market insights from the report:

The robotics and automation actuators market accounted for USD 18.7 billion in 2022 and is expected to reach USD 67.48 billion by 2032 and is expected to register a compound annual growth rate of 13.8%. The Robotics and Automation Actuators market is segmented by type, application, end users, and region.

  • On the basis of type, the robotics and automation actuators market is segmented into linear, rotary.
  • On the basis of application, the robotics and automation actuators market is segmented into manufacturing, packaging, picking, arc welding, assembly, spot welding, pallets, and machine care, among others.
  • Based on the end users, the robotics and automation actuators market is segmented into manufacturing, mining, aerospace, defense, healthcare, agriculture, and others.
  • By region, the robotics and automation actuators market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Competitive Landscape and Strategies of the Global Robotics and Automation Market:

Notable companies operating in the robotics and automation actuator market include MISUMI, Moog, ABB, Altra Industrial Motion, Curtis-Wright Corporation, Rockwell Automation, SMC Corporation and Tolomatic Inc. and DVG Automation SpA, Rotomation, and Macron Dynamics Inc. and Thomson Industries Inc. and SKF Technologies, among others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers and recent trends that will help companies expand business and boost financial growth. Moreover, the report presents dynamic factors including segments, sub-segments, regional markets, competition, major dominant players, and market forecast. Additionally, the market includes recent collaborations, mergers and acquisitions, and partnerships along with regulatory frameworks across different regions that influence the trajectory of the market. Recent technological developments and innovations affecting the global market are included in the report.

Scope of the report:

  1. Global Robotic Actuators Market, by Type
    • Summary
      • Market capitalization and forecasts (billion USD), stock analysis (%), 2022 – 2032
      • Annual Growth Analysis (%), 2022-2032
      • Sector trends
    • linear
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Rotary
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
  2. Global Robotics and Automation Actuators Market, by Application, 2022-2032, (US$ Billion)
    • Summary
      • Market capitalization and forecasts (billion USD), stock analysis (%), 2022 – 2032
      • Annual Growth Analysis (%), 2022-2032
      • Sector trends
    • fabrication
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Packaging
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Selection
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • arc welding
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • crowd
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • spot welding
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • pallets
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • tilt machine
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Aharon
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
  1. Global Robotics and Automation Actuators Market, By End Users, 2022-2032, (US$ Billion)
    • Summary
      • Market capitalization and forecasts (billion USD), stock analysis (%), 2022 – 2032
      • Annual Growth Analysis (%), 2022-2032
      • Sector trends
    • manufacturing
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Mining
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • space and defense
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Health Care
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Farming
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032
    • Aharon
      • Summary
      • Market Size and Forecast (Billion USD), Annual Growth (%), 2022 – 2032

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Some of the important points answered in this market report are given below:

  • Explains an overview of the product range, including product development, planning and positioning
  • It details key operating strategies with a focus on research and development strategies, company structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of market revenue over the forecast period.
  • Examine the various forecasts of the market with the help of Porter’s Five Forces Analysis, PEST & SWOT Analysis.
  • A study of the sectors that are expected to dominate the market.
  • Study on the regional analysis that is expected to record the highest growth during the forecast period

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