Global Industrial Robotic Motors Market
The Global Industrial Robotic Motors Market was valued at USD 860 Million in 2020 and is projected to reach USD 2310 Million by 2027, growing at a CAGR of 13.37% from 2021 to 2027.
Electromechanical actuators that convert electrical energy into motion in the form of rotational or linear forces and speeds are called as Industrial robotic motors. These are rapidly used in industries such as electronics & semiconductors, metal products, food & beverages, pharmaceuticals, and others.
Market Drivers
Main factor that drives the growth of the market is launch of fully autonomous 3D mobile scanning integration technologies. Another driven factor for the growth of the market is rising adoption of AI robotics in the industrial sector. Additionally, a rise in demand for collaborative robots in nearly all industries, high labour costs and technological advancements are also the factor for growth of the market.
Market Restraints
High installation cost and safety risks associated with operation of industrial robots are the factors that hampered the market growth.
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Market Segmentation
Industrial Robotic Motors Market sis segmented into major 5 categories. Based on Motor Type, the market is segmented into DC Motor, AC Motor, Stepper Motor, Servo Motor. Based on Application, the market is segmented into Automotive, Metals and Mining, Machinery, Others (Food & Beverage, etc.). Based on Price, the market is segmented into Low, Medium, High. Based on Distribution Channel, the market is segmented into Direct & Indirect. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
North America and Europe to report Main Share of Global Industrial Robotic Motors Market owing to the stable increase in the wages of laborers in countries like Germany, the U.S, and the U.K. Moreover, improved utilization of cloud-base robots, AI-powered robotic motors, and collaborative robots at manufacturing level.
APAC region’s Continues also anticipated to witness Considerable Growth owing to the robots are being combined in solutions as well as services and significant growth of the robot industry in the region.
Market Key Players
Some of the key players operating in Global Industrial Robotic Motors Market are Omron Adept Technologies, Toshiba Machines, Mitsubishi Electric Corporation, Panasonic Corporation, Yaskawa Electric Corporation, Fanuc Corporation, ABB Group, Denso Corporation, Kawasaki Heavy Industries and OTC Daihen.
Industry development
In January 2022: Fanuc America, a leading manufacturer of automation products and services based in Japan, launched the M-1000iA robot. It's made to handle heavy items such as construction materials and automobile components. The firm wants to meet the needs of clients that produce particularly large parts and need more workspace flexibility.
In August 2020, FARO Technologies, Inc. launched FARO Trek, a fully autonomous 3D mobile scanning integration built in collaboration with the Massachusetts-based robotics firm Boston Dynamics.
In April 2020, UST Global, a multinational provider of digital technology and transformation, partnered with GreyOrange, a provider of AI robotics, to leverage AI and machine learning to optimize fulfillment operations.
Global Industrial Robotic Motors Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Industrial Robotic Motors Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Industrial Robotic Motors Market, By Motor Type
5.1 Y-o-Y Growth Comparison, By Motor Type
5.2 Industrial Robotic Motors Market Share Analysis, By Motor Type
5.3 Industrial Robotic Motors Market Size and Forecast, By Motor Type
5.3.1 DC Motor
5.3.2 AC Motor
5.3.3 Stepper Motor
5.3.4 Servo Motor
6 Industrial Robotic Motors Market, By Price
6.1 Y-o-Y Growth Comparison, By Price
6.2 Industrial Robotic Motors Market Share Analysis, By Price
6.3 Industrial Robotic Motors Market Size and Forecast, By Price
6.3.1 Low
6.3.2 Medium
6.3.3 High
7 Industrial Robotic Motors Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Industrial Robotic Motors Market Share Analysis, By Application
7.3 Industrial Robotic Motors Market Size and Forecast, By Application
7.3.1 Automotive
7.3.2 Metals and Mining
7.3.3 Machinery
7.3.4 Others (Food & Beverage, etc.)
8 Industrial Robotic Motors Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Industrial Robotic Motors Market Share Analysis, By Distribution Channel
8.3 Industrial Robotic Motors Market Size and Forecast, By Distribution Channel
8.3.1 Direct
8.3.2 Indirect
9 Industrial Robotic Motors Market, By Region
9.1 Industrial Robotic Motors Market Share Analysis, By Region
9.2 Industrial Robotic Motors Market Share Analysis, By Region
9.3 Industrial Robotic Motors Market Size and Forecast, By Region
10 North America Industrial Robotic Motors Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Industrial Robotic Motors Market Share Analysis, By Motor Type
10.3 North America Industrial Robotic Motors Market Size and Forecast, By Price
10.4 North America Industrial Robotic Motors Market Size and Forecast, By Application
10.4 North America Industrial Robotic Motors Market Size and Forecast, By Distribution Channel
10.5 North America Industrial Robotic Motors Market Size and Forecast, By Country
10.5.1 U.S.
10.5.2 Canada
10.5.3 Mexico
11 Europe Industrial Robotic Motors Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Industrial Robotic Motors Market Share Analysis, By Motor Type
11.3 Europe Industrial Robotic Motors Market Size and Forecast, By Price
11.4 Europe Industrial Robotic Motors Market Size and Forecast, By Application
11.4 Europe Industrial Robotic Motors Market Size and Forecast, By Distribution Channel
11.5 Europe Industrial Robotic Motors Market Size and Forecast, By Country
11.5.1 Germany
11.5.2 France
11.5.3 UK
11.54. Rest of Europe
12 Asia Pacific Industrial Robotic Motors Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Industrial Robotic Motors Market Share Analysis, By Motor Type
12.3 Asia Pacific Industrial Robotic Motors Market Size and Forecast, By Price
12.4 Asia Pacific Industrial Robotic Motors Market Size and Forecast, By Application
12.4 Asia Pacific Industrial Robotic Motors Market Size and Forecast, By Distribution Channel
12.5 Asia Pacific Industrial Robotic Motors Market Size and Forecast, By Country
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4. Rest of Asia Pacific
13 Latin America Industrial Robotic Motors Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Industrial Robotic Motors Market Share Analysis, By Motor Type
13.3 Latin America Industrial Robotic Motors Market Size and Forecast, By Price
13.4 Latin America Industrial Robotic Motors Market Size and Forecast, By Application
13.4 Latin America Industrial Robotic Motors Market Size and Forecast, By Distribution Channel
13.5 Latin America Industrial Robotic Motors Market Size and Forecast, Country
13.5.1. Brazil
13.5.2. Rest of Latin America
14 Middle East Industrial Robotic Motors Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Industrial Robotic Motors Market Share Analysis, By Motor Type
14.3 Middle East Industrial Robotic Motors Market Size and Forecast, By Price
14.4 Middle East Industrial Robotic Motors Market Size and Forecast, By Application
14.4 Middle East Industrial Robotic Motors Market Size and Forecast, By Distribution Channel
14.5 Middle East Industrial Robotic Motors Market Size and Forecast, By Country
14.5.1. Saudi Arabia
14.5.2. UAE
14.5.3. Egypt
14.5.4. Kuwait
14.5.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Omron Adept Technologies
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Toshiba Machines
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Mitsubishi Electric Corporation
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Panasonic Corporation
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Yaskawa Electric Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Fanuc Corporation
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 ABB Group
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Denso Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Kawasaki Heavy Industries
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 OTC Daihen
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies