The Robot Automation Actuators: The New Age Revolution of Manufacturing
The demand for robotics and automation actuators is on the rise on account of the emergence of the industrial revolution, industry 4.0. Industries are increasingly adopting automation for various process and manufacturing operations. Rapid industrialization in the developing region in the Asia Pacific are expected to create a favorable market landscape for the industry players during the forecast period.
The robotics and automation actuators market is anticipated to witness robust growth in the forecast period owing to as a surge in demand for robotic systems coupled with demand for industrial automation. Technological developments in the product is yet another factor propelling market growth. However, the high installation cost for low-volume production purposes is expected to inhibit the growth of the robotics and automation actuators market in the forecast period. On the other hand, the rapid adoption of advanced actuators across different industry verticals is expected to create opportunities for the market players in the coming years.
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The global robotics and automation actuators market is segmented on the basis of type, actuation, application, and industry vertical. Based on type, the market is segmented as linear and rotary. By actuation, the market is segmented as electric, hydraulic, pneumatic, and others. On the basis of the application the market is segmented as robotics, process automation, and service robots. The market on the basis of the industry vertical is classified as automotive, electronics, aerospace and defense, chemicals and materials, engineering and construction, energy and utilities, food and beverages, and others.
Military automation is the most recent trend, and owing to the number of benefits of the actuators, automation is the greatest boon to the defense industry. This is due to the number of benefits provided by the actuators. Military actuator are used to adjust elevation of the tank, change vessel, safe and smooth landing of aircraft, gun positioning, and help in enhancing operational functions of weapons among others. Rising demand for electrical actuators from the defense industry is fueling the military actuators market.
Actuators are responsible for moving and controlling mechanism in aircraft or any machine. With increasing middle-class population and rapid urbanization, the aviation industry is also witnessing massive expansion. Also, newer technologies such as 3D printing are being introduced for designing and implementation processes due to their low cost, simpler and faster processes. The Asia Pacific region is expected to be the fastest growing market in the coming years on account of the positive outlook from the aviation sector in this region.
Pneumatic actuator is a device that is used to convert the energy sources into mechanical movements. The sources of energy can be hydraulic fluid pressure, pneumatic pressure and electric current. These actuator also helps to convert the energy which is generated from compressed air or vacuum at high pressure into either liner motion or rotary.
Followings are the companies operating in this research are Robotics and Automation Actuators, Curtiss-Wright Corporation, DVG Automation S.p.A., Macron Dynamics Inc., MISUMI Group Inc., Moog Inc., Rotomation, SKF Motion Technologies, SMC Corporation, Thomson Industries, Inc and Tolomatic, Inc.
Source: The Insight Partners