Global Motors and Actuators Market in Industrial Robots 2017-2021

  • ID: 4368920
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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Analysts forecast the global motors and actuators market in industrial robots to grow at a CAGR of 6.46% during the period 2017-2021

FEATURED COMPANIES

  • ABB
  • Applied Motion Products
  • Emerson
  • Mini Motor
  • Nidec
  • Phytron
  • MORE
About motors and actuators in industrial robots

Analysts forecast the global motors and actuators market in industrial robots to grow at a CAGR of 6.46% during the period 2017-2021

Industrial robots are machines that perform complex tasks accurately, at high speed and precision in the industrial processes. The presence of a large number of vendors has resulted in intense competition in the market. These vendors also provide articulated robots to the industrial users to create a competitive edge. The majority of the leading vendors in industrial robotics are based in APAC. Motors and actuators, particularly motors like servo motors and stepper motors are used in industrial robotics. This is because servo and stepper motors provide precision in rotary movement. Actuators like pneumatic and electronic actuators are commonly used as they provide the required linear or circular movement for the robots to perform application-specific tasks.

Covered in this report

The report covers the present scenario and the growth prospects of the global motors and actuators market in industrial robots for 2017-2021. To calculate the market size, the report considers the revenue generated from the new installations and sales value.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Global Motors and Actuators Market in industrial robots 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
  • ABB
  • Applied Motion Products
  • FAULHABER
  • Nippon Pulse
  • Schneider Electric
Other Prominent Vendors
  • AMTEK
  • Emerson
  • Mini Motor
  • Moog
  • Nidec
  • Phytron
  • TECO Electro Devices
  • AZBIL
Market Drivers
  • Increasing demand for industrial robots in manufacturing companies
  • For a full, detailed list, view the full report
Market Challenges
  • High initial capital expenditure for industrial robots
  • For a full, detailed list, view the full report
Market Trends
  • Increased need for cobots in industrial activity
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research:
  • Primary research includes in-depth interviews with industry experts, vendors, resellers and customers
  • Secondary research includes the publisher's platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by government agencies
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Applied Motion Products
  • Emerson
  • Mini Motor
  • Nidec
  • Phytron
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global motors market in industrial robots
  • Global actuators market in industrial robots
PART 07: Market segmentation by end-user
  • Market overview
  • Global motor and actuators market in industrial robots in automotive industry
  • Global motor and actuators market in industrial robots in electronics and electrical industry
  • Global motor and actuators market in industrial robots in food and beverages industry
  • Global motors and actuators market in industrial robots in metal industry
  • Global motors and actuators market in industrial robots in other industries
PART 08: Geographical segmentation
  • Market overview
  • Motors and actuators market in industrial robots in APAC
  • Motors and actuators market in industrial robots in EMEA
  • Motors and actuators market in industrial robots in the Americas
PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increased need for cobots in industrial activity
  • Need to replace gear and belts in actuators
  • Development in frameless servo and stepper motors
PART 11: Vendor landscape
  • Competition scenario
  • Other prominent vendors
PART 12: Key vendor analysis

List of Exhibits
Exhibit 01: Market segmentation
Exhibit 02: Global motors and actuators market in industrial robots 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global motors and actuators market in industrial robots by product 2016 and 2021 (% revenue share)
Exhibit 05: Global motors market in industrial robots 2016-2021 ($ millions)
Exhibit 06: Global actuators market in industrial robots 2016-2021 ($ millions)
Exhibit 07: Global motors and actuators market in industrial robots by end-users 2016 and 2021 (% revenue share)
Exhibit 08: Global motors and actuators market in industrial robots in automotive industry 2016-2021 ($ millions)
Exhibit 09: Global motors and actuators market in industrial robots in electronics and electrical industry 2016-2021 ($ millions)
Exhibit 10: Global motors and actuators market in industrial robots in food and beverages industry 2016-2021 ($ millions)
Exhibit 11: Global motors and actuators market in industrial robots in metal industry 2016-2021 ($ millions)
Exhibit 12: Global motors and actuators market in industrial robots in other industries 2016-2021 ($ millions)
Exhibit 13: Motors and actuators market in industrial robots by geography 2016 and 2021 (% revenue share)
Exhibit 14: Motors and actuators market in industrial robots in APAC 2016-2021 ($ millions)
Exhibit 15: Motors and actuator for industrial robots in EMEA 2016-2021 ($ millions)
Exhibit 16: Motors and actuators market in industrial robots in Americas 2016-2021 ($ millions)
Exhibit 17: ABB: Business verticals
Exhibit 18: ABB: Industries served
Exhibit 19: ABB: Product offerings
Exhibit 20: Applied Motion Product: Product offerings
Exhibit 21: Applied Motion Products: Key highlights
Exhibit 22: End-user industries served
Exhibit 23: FAULHABER: Product offerings
Exhibit 24: FAULHABER: Key highlights
Exhibit 25: Nippon Pulse: Industrial offerings
Exhibit 26: Nippon Pulse: Product offerings
Exhibit 27: Nippon Pulse: Key highlights
Exhibit 28: Schneider Electric: Business verticals
Exhibit 29: Schneider Electric: Product offerings
Exhibit 30: Schneider Electric: Key highlights
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FEATURED COMPANIES

  • ABB
  • Applied Motion Products
  • Emerson
  • Mini Motor
  • Nidec
  • Phytron
  • MORE
New Research Report - Global Motors and Actuators Market in Industrial Robots 2017-2021

The publisher recognizes the following companies as the key players in the - global motors and actuators market in industrial robots: ABB, Applied Motion Products, FAULHABER, Nippon Pulse, Schneider Electric

Other Prominent Vendors in the market are: AMTEK, Emerson, Mini Motor, Moog, Nidec, Phytron, TECO Electro Devices, AZBIL

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increased need for cobots in industrial activity. Cobots are collaborative robots that work along with humans to help them in different tasks so as to assist in performing the tasks in an efficient manner. Industrial robots are expensive and require high initial investments, which creates a greater challenge for the medium and small enterprises to adopt industrial robots in their factory premises. Cobots are easy to install, less expensive, and easily affordable by SMEs. Due to the reduction in sensor cost and availability of drives at a lower price, cobots are expected to have high demand during the forecast period.”

According to the report, one of the major drivers for this market is increasing demand for industrial robots in manufacturing companies. Industrial robots started their foray with the manufacturing processes in the automotive industry. The robots, because of their precise movement and accuracy in performing tasks, soon established in food and beverages and electronic and electrical industries. The increased awareness about the activities performed by the industrial robots has attracted many manufacturers in the recent times. The added advantages like improved output, and quality and complex tasks performed with ease have paved the way for industrial robots in the manufacturing industry.

Further, the report states that one of the major factors hindering the growth of this market is high initial capital expenditure for industrial robots. The initial capital expenditure for industrial robots is high, and the small- and medium-sized manufacturers find it difficult to switch to robots in their factory premises. The complete industrial robot system cost creates a greater burden on the income of the manufacturers. As along with the robots' installation, the factory facility must be renovated to provide proper communication from the systems to the robots. Three-fourth of the overall cost comprises system engineering and installations. The cost is higher as it also includes other services like preventive maintenance, operators training, safety, and other peripheral equipment. The cost of robots is not unified as different applications and industries require different robotic arms based on the application. Hence, the cost of robots differs from application to application and the technology being used.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ABB
  • Applied Motion Products
  • FAULHABER
  • Nippon Pulse
  • Schneider Electric
  • AMTEK
  • Emerson
  • Mini Motor
  • Moog
  • Nidec
  • Phytron
  • TECO Electro Devices
  • AZBIL
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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