Robotics & Automation Actuators
Robotics & Automation Actuators Market by Actuation (Linear Actuator, Rotary Actuator), Type (Electric, Hydraulic, Pneumatic), Application, End-User - Global Forecast 2024-2030
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[199 Pages Report] The Robotics & Automation Actuators Market size was estimated at USD 24.26 billion in 2023 and expected to reach USD 27.96 billion in 2024, at a CAGR 15.89% to reach USD 68.17 billion by 2030.

Robotics & automation actuators convert energy into physical motion, and most actuators produce rotary or linear motion. Actuators are used in robotics and automation applications, as they help control equipment using pneumatic, hydraulic, or electronic signals. The robotics part consists of the robotic actuators required for industrial and service robots. An external energy source operates these robotics & automation actuators, typically electric current, hydraulic fluid pressure, or pneumatic pressure, which the actuators convert into motion. Increasing investments in automation and demand for industrial robots and process automation in the different industrial verticals enhance the growth of robotics & automation actuators. However, the formulation and stringent implementation of various regulations to ensure reduced power consumption & increased safety is expected to impede the adoption of robotics & automation actuators. In addition, increasing government investments in smart cities and technological advancements are anticipated to create robust opportunities for developing robotics & automation actuators.

Regional Insights

Increasing demand for robots in medicine, transport, space, automotive, and manufacturing is estimated to support the growth of robotics & automation actuators in North America. Developing innovative technologies that help reduce power consumption boosts the region's adoption of robotics & automation actuators. The Asia-Pacific has witnessed rapid economic development, increasing maritime trade. Electronics and electrical industries in countries such as China and Japan have increased demand for robotics and automation products and services, which is expected to lead to high usage of robotics & automation actuators in the region. In Europe, the requirement for affordable and advanced robotics & automation actuators and expanding demand for modern robots and procedure automation in various industry verticals are among the factors improving the development of robotics & automation actuators.

Robotics & Automation Actuators Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Robotics & Automation Actuators Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Need for high precision and accuracy in industrial production movements and processes
    • Rising demand for actuators in industrial robots for fast and efficient movements
    • Elevated utilization of actuators in logistics and warehousing
  • Market Restraints
    • High installation and operational cost of robotics & automation actuators
  • Market Opportunities
    • Integration of new developments in robotics & automation actuators
    • Rising investments in robot arms by several manufacturing companies
  • Market Challenges
    • Maintenance and compatibility issues associated with the robotics and automation actuators
Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Robotics & Automation Actuators Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Robotics & Automation Actuators Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Robotics & Automation Actuators Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Robotics & Automation Actuators Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Robotics & Automation Actuators Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Robotics & Automation Actuators Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Robotics & Automation Actuators Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Robotics & Automation Actuators Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Robotics & Automation Actuators Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Robotics & Automation Actuators Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

Before utilizing the Robotics & Automation Actuators Market Research Report from 360iResearch, we faced significant challenges in integrating new developments in robotics and automation actuators. The report provided invaluable insights and actionable strategies that transformed our approach. Specifically, the findings enabled us to streamline our development process and improve efficiency, resulting in a 20% increase in productivity. We are highly satisfied with the positive impact this report has had on our operations.
PI (Physik Instrumente) L.P.
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FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Robotics & Automation Actuators Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Robotics & Automation Actuators Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Olsen actuators awarded contract for the british army’s challenger 3 tank

    In the world of robotics and automation, actuators play a vital role in ensuring precise movement and control. Recently, Olsen Actuation was awarded a prestigious contract from RBSL for the Challenger 3 tank project. This is a significant accomplishment for Olsen Actuation, who triumphed over other competitors bidding for the same contract. The Challenger 3 has been designed with state-of-the-art technology to ensure precision, stability, and versatility, all qualities that Olsen Actuation excels in. This professional collaboration undoubtedly contributed to the technological advancement of the field of automation and robotics, ultimately benefiting multiple industries. [Published On: 2023-04-05]

  • Timken completes acquisition of Nadella Group

    The market for robotics and automation actuators has seen a significant development with Timken's recent acquisition of Nadella Group. The move marks Timken's entry into the linear motion space, significantly expanding the company's offering in motion control solutions. The acquisition will add to Timken's expertise in bearings, power transmission, and other motion technologies. The addition of Nadella's leading-edge products and solutions complements Timken's existing portfolio and strengthens its position in the market. The acquisition enabled the Timken team to offer more comprehensive and innovative solutions to their customers while maintaining their commitment to meeting their evolving needs in the field of robotics and automation actuation. [Published On: 2023-04-04]

  • Omal launched revolutionary pneumatic actuator: Rackon-X

    OMAL, a well-known manufacturer of industrial automation products, has recently launched its innovative pneumatic actuator Rackon-X. This groundbreaking technology is set to revolutionize the way actuators are used in the robotics and automation industry. Rackon-X offers faster and more precise control, giving engineers and facility managers greater flexibility in their automation projects. Its compact size and easy installation process make it a game-changer for those looking to upgrade their current systems. With such advanced capabilities, OMAL's Rackon-X actuator is sure to become a significant choice for robotics and automation professionals seeking superior quality and performance. [Published On: 2023-02-06]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Robotics & Automation Actuators Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Our organization was grappling with a lack of direction in adapting to the rapidly evolving market demands for actuators in industrial robots. The Robotics & Automation Actuators Market Research Report by 360iResearch provided invaluable insights and actionable strategies that catalyzed our growth. We now effectively meet market demands with faster and more efficient movements in our industrial robots, optimizing operations profoundly. This report has been instrumental in our strategic planning, making us more competitive in the industry. We highly recommend this report to any organization looking to navigate this complex field successfully.
Ewellix by Schaeffler AG
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Key Company Profiles

The report delves into recent significant developments in the Robotics & Automation Actuators Market, highlighting leading vendors and their innovative profiles. These include PI (Physik Instrumente) L.P., Ewellix by Schaeffler AG, Bray International, Rotomation, Inc., Schneider Electric SE, Firgelli Automations Inc., DVG Automation Spa, SMC Corporation, Belimo Aircontrols (USA), Inc., Astro Controls BV, Finch Automation, Thomson Industries, Inc., Creative Motion Control, Carotek, Inc., Macron Dynamics Inc., Valmet Group, Emerson Electric Co., Curtiss-Wright Corporation, Kollmorgen Corporation, MISUMI Corporation, NOOK Industries, Inc., Actuonix Motion Devices Inc., Matara UK Limited, Rockwell Automation Inc., John Henry Foster Company, Festo Corporation, NSK Americas, LINAK Group, Columbus McKinnon Corporation, ABB Limited, Moog Inc., Rozum Robotics LLC, CRD Devices Ltd., KSS Co., Ltd., IAI Industrieroboter GmbH, and Ramén Valves AB.

Robotics & Automation Actuators Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Robotics & Automation Actuators Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Actuation
    • Linear Actuator
    • Rotary Actuator
  • Type
    • Electric
    • Hydraulic
    • Pneumatic
  • Application
    • Process Automation
    • Robotics
  • End-User
    • Agriculture
    • Automotive & Aerospace
    • Energy
    • Entertainment & Amusement
    • Healthcare
    • Logistics & warehousing
    • Manufacturing

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

As a satisfied client, we can confidently say that the Robotics & Automation Actuators Market Research Report from 360iResearch has been instrumental to our success. Before discovering this report, we struggled to navigate the rapidly advancing field of robotics and automation, feeling overwhelmed by the numerous investment options for robot arms. However, the comprehensive insights and actionable strategies within the report provided us with a clear roadmap, guiding our investment decisions and helping us stay competitive in the market. Thanks to the detailed analysis, we were able to identify key trends and make informed decisions that have led to significant operational improvements and cost savings. Overall, we are thoroughly impressed and highly satisfied with the positive impact this report has had on our company's operations.
Bray International
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This research report offers invaluable insights into various crucial aspects of the Robotics & Automation Actuators Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Robotics & Automation Actuators Market, by Actuation
  7. Robotics & Automation Actuators Market, by Type
  8. Robotics & Automation Actuators Market, by Application
  9. Robotics & Automation Actuators Market, by End-User
  10. Americas Robotics & Automation Actuators Market
  11. Asia-Pacific Robotics & Automation Actuators Market
  12. Europe, Middle East & Africa Robotics & Automation Actuators Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 380]
  17. List of Companies Mentioned [Total: 36]
The Rising Demand for Robotics & Automation Actuators
June 22, 2023
BLOG
The Rising Demand for Robotics & Automation Actuators
In today's fast-paced world, industrial robots play a significant role in enhancing the productivity and efficiency of manufacturing processes. To make these robots function, they need various components that work together to ensure precision and accuracy. One such component is an actuator. Actuators are responsible for providing the necessary force and movement to perform the desired task of industrial robots. In recent years, there has been an increasing demand for robotics and automation actuators due to their ability to provide fast and efficient movements, which is critical in various industries such as automotive, healthcare, and aerospace. In this blog post, we will discuss why there is a rising demand for robotics and automation actuators and their importance in enhancing the productivity and efficiency of industrial robots.

Types of Robotics & Automation Actuators:

Different types of actuators are available for industrial robots, each with unique features and abilities. The most commonly used type of actuator is an electric actuator. These actuators use an electric motor to convert electrical energy into mechanical energy, allowing precise and efficient movement. Another type is a hydraulic actuator, which uses hydraulic fluid to move the robot which provides high force and speed for heavy-duty applications.

Importance of Robotics & Automation Actuators:

Actuators play a crucial role in the functioning of industrial robots, making them an essential component of the manufacturing process. Without them, robots would not be able to operate with precision and accuracy. The use of robotics and automation actuators enhances productivity, efficiency, and consistency, which leads to cost savings and improved product quality.

Advantages of Robotics & Automation Actuators:

Industrial robots with robotics and automation actuators provide various advantages, such as the ability to perform repetitive tasks accurately and efficiently. They reduce the risk of human error, resulting in high-quality products that meet customer expectations. Actuators also provide faster cycle times, meaning more products can be produced in less time, increasing the profitability of the manufacturing process.

Applications of Robotics & Automation Actuators:

Actuators are used in various industrial applications, such as assembly lines, painting, welding, and material handling, and are also used in the healthcare industry for medical equipment, such as surgical robots. In the aerospace industry, actuators are used for aircraft control surfaces, landing gear, and cargo doors.

Future of Robotics & Automation Actuators:

With the increasing demand for industrial robots, the demand for robotics and automation actuators is also expected to rise in the future. In addition, technological advancements will lead to the development of more sophisticated actuators with increased accuracy and speed, resulting in improved productivity and efficiency.

Actuators are critical components of industrial robots, enhancing their functionality and performance. The rising demand for robotics and automation actuators as they can provide fast and efficient movements critical in various industries. The use of robotics and automation actuators improves productivity, efficiency, and consistency, leading to cost savings and improved product quality. In the future, we can expect to see more advancements in technology, resulting in the development of even more sophisticated actuators, further enhancing the performance of industrial robots.

Frequently Asked Questions
  1. How big is the Robotics & Automation Actuators Market?
    Ans. The Global Robotics & Automation Actuators Market size was estimated at USD 24.26 billion in 2023 and expected to reach USD 27.96 billion in 2024.
  2. What is the Robotics & Automation Actuators Market growth?
    Ans. The Global Robotics & Automation Actuators Market to grow USD 68.17 billion by 2030, at a CAGR of 15.89%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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