The global Motor for Robots market was valued at 559.95 Million USD in 2021 and will grow with a CAGR of 23.47% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Actuators are like the “muscles” of a robot, the parts which convert stored energy into movement. By far the most important actuators are electric motors that spin a wheel or gear that control industrial robots in factories or serving people in households and public.With regards to the world economy of 2015, recovery of US and China economy is expected to be more powerful, the European economy will continue to be stuck in slump, and growth of the Japanese economy and other emerging economies will be decelerated. Thus the world economy as a whole will show mild growth in 2015. Because of the strong demand for industry robots and service robots, Motor for robot industry has good development prospect. According to IFR World Robotics 2015 reported, for the global robotics industry, robotics turnover is about 32 billion USD in 2014, and more than 50 institutes participated in robotics R&D and manufacturing activities. As a result, robotics industry provides lots of opportunities to Motor for Robots industry. Based on the fact that many countries have introduced new policies for the industry, for example, China has launched robotics industry ?the Thirteenth Five-Year Plan? for the market. While for the high obstacles of technology, Japan and Europe have obvious advantages in Motor for Robots industry. In 2012, for the Motor for industrial robots, Japan took up about 45% market share, Europe and US took about 30% market share, Taiwan and Korea took up about 10% market share. For the suppliers of Motor for industrial robots, ABB, Fanuc, Yaskawa and KUKA (Siemens) are the 4 leading Motor manufacturers. Large percent of global Motor for industrial robots market share was occupied by the four companies. We tend to believe that this industry is now close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin.
By Market Verdors:
SL Montevideo Technology
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements