Global Motors and Actuators Market in Industrial Robots 2017-2021

Overview of the global motors and actuators market in industrial robots

Research analysis on the global motors and actuators market in industrial robots identifies that the rising demand for industrial robots in manufacturing industries will be one of the major factors that will have a positive impact on the growth of the market. Industrial robots entered the industries segment with the manufacturing processes in the automotive industry. Owing to their precise movements and accuracy in performing tasks, these robots will soon be established in food and beverages and electronic and electrical industries. The increased awareness about the activities performed by the industrial robots has attracted numerous manufacturers over the years. The added advantages such as improved output and quality and complex tasks performed with ease have led to the increased popularity of industrial robots in the manufacturing industry. The increasing need for industrial robots in the manufacturing industry will directly influence the shipment and sales for motors and actuators in industrial robots. Technavio's market research analysts predict that this market will grow at a CAGR of more than 6% by 2021.

In terms of geographic regions, APAC will be the major revenue contributor to the motors and actuators market in industrial robots throughout the forecast period. Manufacturers are constantly trying to upgrade the industrial automation process by installing industrial robots across the different departments.  This will drive the growth of the market in the region. The ease of operation and the need to consolidate their market by providing competitive products that is driving the market for industrial robots in the region, will also fuel market growth.

Competitive landscape and key vendors  

The motors and actuators market in industrial robots consists of companies offering motors and actuators for the end-users used in different application areas. The competition among the vendors is intense and they are constantly trying to provide innovative motors and actuators for industrial robot manufacturers. The vendors of industrial robots have their motors and actuators built in-house. These motors and actuators used in their robots are helping them develop a competitive edge over their competitors. Additionally, the vendors are also providing full-fledged customer services and support.

The leading vendors in the market are -

• ABB
• Applied Motion Products
• FAULHABER
• Nippon Pulse
• Schneider Electric

The other prominent vendors in the market are AMTEK, Emerson, Mini Motor, Moog, Nidec, Phytron, TECO Electro Devices, and AZBIL.

Segmentation by product and analysis of the motors and actuators market in industrial robots

• Motors
• Actuators

During 2016, the motors segment accounted for the major shares of the motors and actuators market in industrial robots. Factors such as the increasing adoption of servo and stepper motors in industrial robots, due to their ability to provide precision control over rotary movement and increased efficiency, will contribute to the growth of this industry segment in the coming years.

Segmentation by end-user and analysis of the motors and actuators market in industrial robots

• Automotive
• Food and beverages
• Electronics and electrical
• Metal

As per this market research report, the automotive segment will hold the maximum share of the motors and actuators market in industrial robots until 2021. The automotive industry was the first to adopt industrial robots. The rising competition in the automotive industry and the need to provide high-quality products to the customers has resulted in an increased adoption of industrial robots in this industry. The industrial robots are increasingly used in different departments in the production line for applications like metal cutting, welding, painting, and assembling.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motors and actuators market in industrial robots?
• What are the key market trends impacting the growth of the global motors and actuators market in industrial robots?
• What are the challenges to market growth?
• Who are the key vendors in the global motors and actuators market in industrial robots?
• What are the market opportunities and threats faced by the vendors in the global motors and actuators market in industrial robots?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global motors and actuators market in industrial robots?

Technavio also offers customization on reports based on specific client requirement.

Our market research reports for the industrial automation industry follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like automation. This upcoming industry research report on the global motors and actuators market in industrial robots offers insights into the major trends and evolving drivers inducing the growth of the automation industry.

Our market research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars, and podcasts, and industry journals and publications to help clients develop effective growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various automation products and services and also offers an all-inclusive picture of the global motors and actuators market in industrial robots for the estimated period of 2017-2021.This upcoming market research report on the global motors and actuators market in industrial robots also covers vendors like Siemens, Toshiba, ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Siemens AG (Germany), Schneider Electric (France), and Rockwell Automation (U.S.), Philips Healthcare, and GE HealthCare.

The upcoming industry report on the global motors and actuators market in industrial robots also offers insights into fast-growing segments within the automation industry, including sectors like robotics. Furthermore, this report also presents visions into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.

Our market research methodology for the motors and actuators market in industrial robots

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