Robotics And Automation Actuators Market Report, Research, Insights and Forecast 2024-2033

The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033.

The Robotics And Automation Actuators Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Robotics And Automation Actuators Global Market Report 2024, The robotics and automation actuators market size has grown rapidly in recent years. It will grow from $26.13  billion in 2023 to $29.86  billion in 2024 at a compound annual growth rate (CAGR) of 14.2%.  The  growth in the historic period can be attributed to industrial automation and manufacturing, robotics and automation in healthcare, automotive industry growth, technological advancements in actuator technology, energy efficiency and cost savings, aerospace and defense applications.

Technological advancement stands out as a prominent trend shaping the robotics and automation actuator market. Leading companies in the sector are actively engaged in developing advanced solutions, with a focus on smart actuators, to enhance their market positions. In October 2021, Ewellix, a Sweden-based provider of linear motion solutions, unveiled a smart electro-mechanical actuator designed for applications in agricultural and construction equipment. This intelligent actuator features expanded capabilities, including communication, built-in monitoring and diagnostics, precise position sensors, and in-control functionality.

Major players in the robotics and automation actuators market are driving innovation through the introduction of advanced technological solutions. These solutions encompass various methods and components employed to generate controlled force, torque, or displacement when an electrical, pneumatic, or hydraulic input is supplied to the actuator. A notable example is Genesis Robotics and Motion Technologies, a Canada-based research and development company, which launched the LiveDrive LDD 1800 Series direct drive actuators in June 2021. This compact, high-torque direct-drive solution is designed for applications in industries such as food, packaging, electronics, and pharmaceuticals. LiveDrive not only eliminates backlash but also enhances system rigidity with its direct-drive technology. The increased torque-to-weight ratio of LiveDrive provides machine and robot designers with new possibilities to enhance performance in highly dynamic situations. These technological advancements underscore the commitment of major players to stay at the forefront of innovation in the robotics and automation actuator market.

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The robotics and automation actuators market covered in this report is segmented –
1) By Types: Rotary Actuators, Linear Actuators
2) By Actuation: Electric, Pneumatic, Hydraulic
3) By Applications: Process Automation, Robotics
4) By Vertical: Food And Beverages, Power Generation, Chemicals, Paper And plastics, Pharmaceutical And Healthcare, Automotive, Aerospace And Defense, Electronics And Electricals, Other Verticals

Top Major Players

SMC Corporation,

Rockwell Automation Inc.,

Curtiss-Wright Corporation,

ABB Group,

Tolomatic Inc.

The robotics and automation actuators market report table of contents includes:
1. Executive Summary

2. Robotics And Automation Actuators Market Characteristics
3. Robotics And Automation Actuators Market Trends And Strategies
4. Robotics And Automation Actuators Market – Macro Economic Scenario
5. Global Robotics And Automation Actuators Market Size and Growth
6. Robotics And Automation Actuators Market Segmentation
7. Robotics And Automation Actuators Market Regional And Country Analysis

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32. Global Robotics And Automation Actuators Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Robotics And Automation Actuators Market
34. Robotics And Automation Actuators Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Robotics And Automation Actuators Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Robotics And Automation Actuators Market, Segmentation By Actuation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Robotics And Automation Actuators Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 75: SMC Corporation Financial Performance

Table 76: Rockwell Automation Inc. Financial Performance

Table 77: Curtiss-Wright Corporation Financial Performance

Table 78: ABB Group Financial Performance

Table 79: Tolomatic Inc Financial Performance

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