Robotics And Automation Actuators Market
Robotics and Automation Actuators Market Forecasts to 2030 - Global Analysis By Type (Linear Actuators and Rotary Actuators), Actuation (Electric Actuators, Hydraulic Actuators, Pneumatic Actuators, Mechanical Actuators and Piezoelectric Actuators), Payload Capacity, Application, End User and By Geography
According to Stratistics MRC, the Global Robotics and Automation Actuators Market is accounted for $24.4 billion in 2024 and is expected to reach $54.8 billion by 2030 growing at a CAGR of 14.4% during the forecast period. Robotics and automation actuators are important components that convert energy into mechanical motion, enabling precise movement in robotic systems and automated processes. These actuators can enable joints, arms, and end effectors, ensuring precise and repeatable actions in construction, healthcare, aerospace, and other industries. They vary, like air, to suit specific applications requiring speed, power, or accuracy. With advances in materials and materials, modern actuators are increasing performance, scalability, and reliability, and driving innovation in robotics and automation systems.
According to McKinsey, the economic impact of advanced robotics could range between $1.7 and $4.5 trillion by 2025.
Market Dynamics:
Driver:
Rising demand for automation in manufacturing
The rising demand for automation in manufacturing is a key driver of the robotics and automation actuators market. As industries strive to enhance efficiency, precision, and productivity, the adoption of automated systems is increasing. Actuators play a crucial role in these systems by enabling motion control and mechanical movements. This trend is particularly strong in sectors such as automotive, electronics, and food processing, where automation helps reduce labor costs and improve product quality. Consequently, the demand for advanced actuators continues to grow, driving market expansion.
Restraint:
High initial investment cost
High initial investment costs are a significant restraint on the robotics and automation actuators market. Implementing automated systems requires substantial capital for purchasing equipment, integrating technology, and training personnel. These costs can be prohibitive for small and medium-sized enterprises (SMEs), limiting their ability to adopt automation solutions. Additionally, the long payback period associated with these investments can deter potential buyers, slowing market growth despite the long-term benefits of increased efficiency and productivity.
Opportunity:
Increasing industrialization in emerging economies
Increasing industrialization in emerging economies presents a significant opportunity for the robotics and automation actuators market. As countries like China, India, and Brazil expand their manufacturing capabilities, there is a growing need for efficient production processes. Automation solutions, including actuators, are integral to achieving these efficiencies. Government initiatives supporting industrial growth and foreign investments further fuel this trend. As these economies continue to develop their industrial sectors, the demand for advanced actuators is expected to rise significantly.
Threat:
Competition from alternative technologies
Competition from alternative technologies poses a threat to the robotics and automation actuators market. Innovations such as advanced sensors and artificial intelligence can offer similar functionalities or even replace traditional actuator roles in some applications. These technologies may provide more cost-effective or efficient solutions, challenging the dominance of conventional actuators.
Covid-19 Impact:
The COVID-19 pandemic accelerated the adoption of automation as companies sought to maintain operations amid workforce disruptions. This shift increased demand for robotics and automation actuators across various industries. However, supply chain challenges initially hindered production and delivery schedules. As these issues are resolved, the market is expected to experience sustained growth driven by ongoing automation trends.
The linear actuators segment is expected to be the largest during the forecast period
The linear actuators segment is expected to account for the largest market share during the forecast period due to their versatility and widespread application across industries. These actuators are essential for precise linear motion control in manufacturing processes, robotics, and material handling systems. Their ability to provide accurate positioning and repeatability makes them indispensable in automated environments, supporting their dominance in the market.
The heavy duty segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the heavy duty segment is expected to witness the highest CAGR. This growth is driven by increasing demand for robust actuators capable of handling high loads in industries such as construction, mining, and agriculture. Heavy duty actuators offer enhanced durability and performance under extreme conditions, making them ideal for applications requiring substantial force or torque. As industrial activities expand globally, this segment's rapid growth is anticipated.
Region with largest share:
The Asia Pacific region is anticipated to account for the largest market share during the forecast period due to its strong manufacturing base and rapid industrialization. Countries like China and Japan lead in adopting automation technologies to enhance production efficiency. The region's focus on technological advancements and government support for industrial growth further bolster its dominant position in the global market.
Region with highest CAGR:
The Asia Pacific region is anticipated to register the highest growth rate over the forecast period due to increasing investments in infrastructure development and manufacturing capabilities. Emerging economies within this region are experiencing significant industrial expansion, driving demand for advanced automation solutions including actuators. As these countries continue to modernize their industries, Asia Pacific remains a key growth area for the market.
Key players in the market
Some of the key players in Robotics and Automation Actuators Market include ABB, Rockwell Automation, Moog Inc., Curtiss-Wright Corporation, SKF Motion Technologies, Altra Industrial Motion, Bimba Manufacturing, Tolomatic, Inc., Thomson Industries, Inc., SMC Corporation, Festo, Rotomation, MISUMI Group Inc., Macron Dynamics Inc., DVG Automation S.p.A., AUMA, IMI PLC and Flowserve Corporation.
Key Developments:
In October 2024, Tolomatic has introduced five new products to meet a wider range of industrial applications. These five sizes expand the RSX's capabilities to include forces up to 66,000 lbf (294 kN). These expansion efforts also include updated model numbering, with each number now reflecting the actuator's thrust.
In May 2024, ABB debuts its IRB 7710 and 7720 industrial robot arms designed for automotive assembly and modular construction applications at Automate 2024.
In January 2024, Moog Inc. announced a successful first flight of its new hydraulic actuators that steer United Launch Alliance’s Vulcan Rocket.
In March 2023, Regal Rexnord Corporation announced it has completed the acquisition of Altra Industrial Motion Corp., closing the deal that was signed on October 26, 2022.
Types Covered:
• Linear Actuators
• Rotary Actuators
Actuations Covered:
• Electric Actuators
• Hydraulic Actuators
• Pneumatic Actuators
• Mechanical Actuators
• Piezoelectric Actuators
Payload Capacities Covered:
• Light Duty
• Medium Duty
• Heavy Duty
Applications Covered:
• Fabrication
• Packaging
• Picking
• Arc Welding
• Assembly
• Spot Welding
• Palletizing
• Machine Tending
End Users Covered:
• Automotive
• Oil & Gas
• Chemicals
• Food & Beverages
• Mining
• Paper & Pulp
• Pharmaceutical & Healthcare
• Aerospace & Defense
• Electronics & Electrical
• Water & Wastewater
• Agriculture & Forestry
• Logistics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Robotics and Automation Actuators Market, By Type
5.1 Introduction
5.2 Linear Actuators
5.3 Rotary Actuators
6 Global Robotics and Automation Actuators Market, By Actuation
6.1 Introduction
6.2 Electric Actuators
6.3 Hydraulic Actuators
6.4 Pneumatic Actuators
6.5 Mechanical Actuators
6.6 Piezoelectric Actuators
7 Global Robotics and Automation Actuators Market, By Payload Capacity
7.1 Introduction
7.2 Light Duty
7.3 Medium Duty
7.4 Heavy Duty
8 Global Robotics and Automation Actuators Market, By Application
8.1 Introduction
8.2 Fabrication
8.3 Packaging
8.4 Picking
8.5 Arc Welding
8.6 Assembly
8.7 Spot Welding
8.8 Palletizing
8.9 Machine Tending
9 Global Robotics and Automation Actuators Market, By End User
9.1 Introduction
9.2 Automotive
9.3 Oil & Gas
9.4 Chemicals
9.5 Food & Beverages
9.6 Mining
9.7 Paper & Pulp
9.8 Pharmaceutical & Healthcare
9.9 Aerospace & Defense
9.10 Electronics & Electrical
9.11 Water & Wastewater
9.12 Agriculture & Forestry
9.13 Logistics
10 Global Robotics and Automation Actuators Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 ABB
12.2 Rockwell Automation
12.3 Moog Inc.
12.4 Curtiss-Wright Corporation
12.5 SKF Motion Technologies
12.6 Altra Industrial Motion
12.7 Bimba Manufacturing
12.8 Tolomatic, Inc.
12.9 Thomson Industries, Inc.
12.10 SMC Corporation
12.11 Festo
12.12 Rotomation
12.13 MISUMI Group Inc.
12.14 Macron Dynamics Inc.
12.15 DVG Automation S.p.A.
12.16 AUMA
12.17 IMI PLC
12.18 Flowsserve Corporation
List of Tables
1 Global Robotics and Automation Actuators Market Outlook, By Region (2022-2030) ($MN)
2 Global Robotics and Automation Actuators Market Outlook, By Type (2022-2030) ($MN)
3 Global Robotics and Automation Actuators Market Outlook, By Linear Actuators (2022-2030) ($MN)
4 Global Robotics and Automation Actuators Market Outlook, By Rotary Actuators (2022-2030) ($MN)
5 Global Robotics and Automation Actuators Market Outlook, By Actuation (2022-2030) ($MN)
6 Global Robotics and Automation Actuators Market Outlook, By Electric Actuators (2022-2030) ($MN)
7 Global Robotics and Automation Actuators Market Outlook, By Hydraulic Actuators (2022-2030) ($MN)
8 Global Robotics and Automation Actuators Market Outlook, By Pneumatic Actuators (2022-2030) ($MN)
9 Global Robotics and Automation Actuators Market Outlook, By Mechanical Actuators (2022-2030) ($MN)
10 Global Robotics and Automation Actuators Market Outlook, By Piezoelectric Actuators (2022-2030) ($MN)
11 Global Robotics and Automation Actuators Market Outlook, By Payload Capacity (2022-2030) ($MN)
12 Global Robotics and Automation Actuators Market Outlook, By Light Duty (2022-2030) ($MN)
13 Global Robotics and Automation Actuators Market Outlook, By Medium Duty (2022-2030) ($MN)
14 Global Robotics and Automation Actuators Market Outlook, By Heavy Duty (2022-2030) ($MN)
15 Global Robotics and Automation Actuators Market Outlook, By Application (2022-2030) ($MN)
16 Global Robotics and Automation Actuators Market Outlook, By Fabrication (2022-2030) ($MN)
17 Global Robotics and Automation Actuators Market Outlook, By Packaging (2022-2030) ($MN)
18 Global Robotics and Automation Actuators Market Outlook, By Picking (2022-2030) ($MN)
19 Global Robotics and Automation Actuators Market Outlook, By Arc Welding (2022-2030) ($MN)
20 Global Robotics and Automation Actuators Market Outlook, By Assembly (2022-2030) ($MN)
21 Global Robotics and Automation Actuators Market Outlook, By Spot Welding (2022-2030) ($MN)
22 Global Robotics and Automation Actuators Market Outlook, By Palletizing (2022-2030) ($MN)
23 Global Robotics and Automation Actuators Market Outlook, By Machine Tending (2022-2030) ($MN)
24 Global Robotics and Automation Actuators Market Outlook, By End User (2022-2030) ($MN)
25 Global Robotics and Automation Actuators Market Outlook, By Automotive (2022-2030) ($MN)
26 Global Robotics and Automation Actuators Market Outlook, By Oil & Gas (2022-2030) ($MN)
27 Global Robotics and Automation Actuators Market Outlook, By Chemicals (2022-2030) ($MN)
28 Global Robotics and Automation Actuators Market Outlook, By Food & Beverages (2022-2030) ($MN)
29 Global Robotics and Automation Actuators Market Outlook, By Mining (2022-2030) ($MN)
30 Global Robotics and Automation Actuators Market Outlook, By Paper & Pulp (2022-2030) ($MN)
31 Global Robotics and Automation Actuators Market Outlook, By Pharmaceutical & Healthcare (2022-2030) ($MN)
32 Global Robotics and Automation Actuators Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
33 Global Robotics and Automation Actuators Market Outlook, By Electronics & Electrical (2022-2030) ($MN)
34 Global Robotics and Automation Actuators Market Outlook, By Water & Wastewater (2022-2030) ($MN)
35 Global Robotics and Automation Actuators Market Outlook, By Agriculture & Forestry (2022-2030) ($MN)
36 Global Robotics and Automation Actuators Market Outlook, By Logistics (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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