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Robotics Actuators Market Trends

Report ID: GMI6718
Published Date: Sep 2023
Report Format: PDF

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Robotics Actuators Market Trends

There are several notable trends influencing the robotics actuator demand across numerous industries. The market is witnessing a shift toward smart actuators equipped with sensors and advanced control systems, enabling precise and adaptable robot movements. There is a growing demand for miniaturized actuators to support the development of smaller, more agile robots for tasks in confined spaces. Energy-efficient actuators are gaining traction to address sustainability concerns. Additionally, collaborative robotics (cobots) is driving the need for safe actuators that can work alongside humans. The increasing use of robotics in the healthcare, logistics, and service industries is spurring the demand for actuators that offer both accuracy and gentle, human-like motion to interact safely & effectively in various environments.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for robotics actuators was valued at USD 13.4 billion in 2022 and is anticipated to grow at a CAGR of over 10% between 2023 and 2032, driven by the increasing adoption of industrial automation, where in the mechanical components enable the movement & functionality of robots and automated machinery.

The rotary segment of robotics actuator market was valued at over USD 8.5 billion in 2022 and is expected to grow at a lucrative pace through 2032, owing to their versatility and efficiency.

Asia Pacific has a strong presence in the robotics actuators market, owing to the significant industrialization and automation across diverse sectors including manufacturing, automotive, and electronics.

ABB, Altra Industrial Motion, Cedrat Technologies, Curtis Wright, DVG Automation, Emerson Electric CO., Harmonic Drive LLC, Macron Dynamics, MISUMI Group Inc., Moog, Nook Industries Inc., Rockwell Automation, SKF, SMC, and Tolomatic.