Global Motors and Actuators Market in Industrial Robots 2017-2021
NEW YORK, Aug. 9, 2017 /PRNewswire/ -- About motors and actuators in industrial robots
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.
Read the full report: http://www.reportlinker.com/p05048542/Global-Motors-and-Actuators-Market-in-Industrial-Robots.html
Technavio's analysts forecast the global motors and actuators market in industrial robots to grow at a CAGR of 6.46% during the period 2017-2021.
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
Technavio's report, 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 driver
-- Increasing demand for industrial robots in manufacturing companies
-- For a full, detailed list, view our report
Market challenge
-- High initial capital expenditure for industrial robots
-- For a full, detailed list, view our report
Market trend
-- Increased need for cobots in industrial activity
-- For a full, detailed list, view our 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?
Read the full report: http://www.reportlinker.com/p05048542/Global-Motors-and-Actuators-Market-in-Industrial-Robots.html
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