Robotics and Automation Actuators Market Size, Share, Trends & Growth By 2024
Scope of The Report
Research report categorizes the Robotics and Automation Actuators Market based o
n Actuation, Application, Industry, Design Characteristics & by region.
• Process Automation
The electric actuator segment to grow at a higher CAGR in the robotics and aut
omation actuators market, among all actuation segments during the forecast per
The market is driven by factors, such as the increasing investments
in process automation across industry verticals, rising demand for r
obots, and technological advancements in actuators.
Browse 128 market data Tables and 38 Figures spread through 202
Pages and in-depth TOC on "Robotics and Automation Actuators M
arket - Global Forecast to 2024"
The ecosystem of the IGGS market comprises manufacturers, component s
uppliers, raw material suppliers, distributors, service providers, and end user
The global robotics and automation actuators market is estimated to be
USD 15.8 billion in 2019 and is projected to reach USD 30.9 billion, at a
Compound Annual Growth Rate (CAGR) of 14.37% from 2019 to 2024.
Robotics and Automation Actuators Market Growth Rate
Market Size of
Market Size of
CAGR of 14.37%
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• Rockwell Automation (US)
• Moog (US)
• Curtiss Wright (US)
• ABB (Switzerland)
• Altra Industrial Motion (US)
• SMC (Japan)
• North America
• Asia Pacific
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1. How has the market shaped up? Historic trends, early adopters, regulation, tipping point etc.
2. What are the burning issues? How can they be addressed?