Robotics and Automation Actuators - Global Strategic Business Report

The global market for Robotics and Automation Actuators was estimated at US$38.8 Billion in 2023 and is projected to reach US$97.0 Billion by 2030, growing at a CAGR of 14.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Robotics and Automation Actuators Market - Key Trends and Drivers Summarized

How Are Robotics and Automation Actuators Powering Modern Automation?

Robotics and automation actuators are essential components in the automation ecosystem, converting control signals into physical movements within robotic systems. They enable robots to perform precise tasks by moving arms, controlling joints, and executing other functions critical in industries like manufacturing, healthcare, automotive, and logistics. Actuators come in various forms, including electric, hydraulic, and pneumatic, each offering specific advantages depending on the application. As robotics and automation systems evolve to handle more complex and diverse tasks, the demand for reliable and efficient actuators has surged, supporting high productivity, accuracy, and repeatability in operations across multiple sectors.

What Are the Key Segments in the Robotics and Automation Actuators Market?

Key types include electric, pneumatic, and hydraulic actuators. Electric actuators dominate the market due to their precision, energy efficiency, and ease of integration with advanced control systems, making them ideal for automation tasks in electronics and healthcare. Hydraulic actuators are favored in heavy-duty applications, such as construction and automotive manufacturing, where powerful force is required, while pneumatic actuators are valued for their cost-effectiveness and speed in industries like food processing and packaging. Applications of robotics actuators include material handling, assembly, welding, and inspection.

Material handling and assembly represent significant segments, especially in automotive and electronics manufacturing, where precise and repetitive movements are essential. End-user industries for these actuators encompass manufacturing, healthcare, logistics, and consumer electronics. The manufacturing sector holds the largest share, employing actuators in automated assembly lines and robotic arms. Healthcare and logistics are also expanding markets, leveraging robotics to automate surgeries and warehouse operations, respectively, to improve efficiency and reduce human involvement in repetitive tasks.

How Are Robotics and Automation Actuators Applied in Various Sectors?

In the manufacturing industry, robotics actuators enable automated processes such as welding, painting, and assembly, enhancing productivity and precision. Healthcare has emerged as a growing sector for robotics actuators, particularly with surgical robots and rehabilitation devices that require controlled and delicate movements. In logistics and warehousing, actuators power autonomous guided vehicles (AGVs) and robotic arms, facilitating efficient material handling and inventory management. Furthermore, in the consumer electronics sector, actuators are used in precision tasks such as circuit board assembly, where micro-level accuracy is essential to produce high-quality electronic products.

What Factors Are Driving the Growth in the Robotics and Automation Actuators Market?

The growth in the Robotics and Automation Actuators market is driven by several factors, including increasing demand for industrial automation, advancements in actuator technology, and expanding applications in healthcare and logistics. Innovations like miniaturized actuators, AI-driven control systems, and enhanced durability have broadened the utility of actuators in complex robotic tasks. The focus on improving efficiency, reducing operational costs, and enhancing product quality has further fueled demand, as actuators play a crucial role in achieving these goals. Additionally, the rise of Industry 4.0, growth in e-commerce, and increased investments in healthcare robotics have contributed to market expansion, encouraging the adoption of advanced actuators across sectors.

Scope of the Study

The report analyzes the Robotics and Automation Actuators market, presented in terms of market value (US$ Million). The analysis covers the key segments and geographic regions outlined below.

Segments

Actuation Type (Electric, Pneumatic, Hydraulic, Other Actuation Types); Type (Rotary, Linear)

Geographic Regions/Countries

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Electric Actuation segment, which is expected to reach US$46.3 Billion by 2030 with a CAGR of a 14.8%. The Pneumatic Actuation segment is also set to grow at 14.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $10.6 Billion in 2023, and China, forecasted to grow at an impressive 13.3% CAGR to reach $14.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Robotics and Automation Actuators Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Robotics and Automation Actuators Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Robotics and Automation Actuators Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players in the Global Robotics and Automation Actuators Market such as ABB, Altra Industrial Motion, Curtiss-Wright Corporation, DVG Automation S.p.A., Macron Dynamics Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 33 companies featured in this Global Robotics and Automation Actuators Market report include:

• ABB
• Altra Industrial Motion
• Curtiss-Wright Corporation
• DVG Automation S.p.A.
• Macron Dynamics Inc.
• Misumi Group Inc.
• Moog Inc.
• Rockwell Automation
• Rotomation
• SKF Motion Technologies
• SMC Corporation
• Thomson Industries, Inc.
• Tolomatic, Inc.