Industrial Robotic Motors Market is set for a Rapid Growth and is expected to Reach USD 2527.6 Million by 2026

06-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Industrial Robotic Motors Market: by Motor Type (Servo Motor, DC Motor, and Stepper Motor), by Robot Type (SCARA Robot, Delta Robot, Cartesian/Gantry Robot, Articulated Robot, Collaborative Robot, and Dual Arm Robot) and by Fit Type (First Fit and Retro Type): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026.” According to the report, the Industrial Robotic Motors market accounted for USD 727 Million in 2018 and is expected to reach USD 2527.6 Billion by 2026, growing at a CAGR of around 12% between 2019 and 2026.

Browse the full “Industrial Robotic Motors Market: by Motor Type (Servo Motor, DC Motor, and Stepper Motor), by Robot Type (SCARA Robot, Delta Robot, Cartesian/Gantry Robot, Articulated Robot, Collaborative Robot, and Dual Arm Robot) and by Fit Type (First Fit and Retro Type): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026” Report at https://www.zionmarketresearch.com/report/industrial-robotic-motors-market

Robotic motors are the electric machines in which electrical energy is converted into mechanical energy. A gradual rise in the wages of laborers in developed countries like the U.S., Germany, U.K, and others has stimulated the demand for industrial robotics across the global market. In addition to this, increased utilization of cloud-based robots, AI-powered robotic motors, and collaborative robots at industrial levels are likely to boost the global industrial robotic motors market in upcoming years. Since 2010, the demand for industrial robots has accelerated considerably due to the ongoing trend toward automation and continued innovative technical improvements in industrial robots. Between 2012 and 2017, the average robot sales increase was at 19% per year. The number of robot installations had never increased so strongly before. In 2017, robot sales increased by 30% to 381,335 units, a new peak for the fifth year in a row. The main drivers of this exceptional growth in 2017 were the metal industry (+55%) and the electrical/electronics industry (+33%). Robot sales in the automotive industry increased by 22% and remained still the major customer of industrial robots with a share of 33% of the total supply in 2017. The electrical/electronics industry has been catching up, especially since 2015. In 2017, it reached almost the same share of total supply (32%).

Based on motor type the industrial robotic motors market is segmented into servo motor, dc motor, and stepper motor. The servo motor segment is anticipated to gain momentum in the market over the horizon. Servo motor is a special type of motor which is automatically operated up to a certain limit for a given command with help of error-sensing feedback to correct the performance. Servo motors are motors combined with a sensor so that the position/velocity/torque of the motor at a given instance can be measured and corrected using the fundamentals of control systems. In servomotors, the desired value of position/velocity/torque is provided as an input and the actual value of the same is taken as the output. The voltage/current is varied in such a way that the difference between the output and input is minimized. Moreover, servo motors are used for precise and accurate control which is implemented in closed-loop operations.

Based on the robot type, the industrial robotic motors market is divided into SCARA Robot, Delta Robot, Cartesian/Gantry Robot, Articulated Robot, Collaborative Robot, and Dual Arm Robot. The articulated robot segment is expected to have a significant market share over the forecast period. This has mainly resulted from the rising productivity in manufacturing processes and improving the quality of products. An articulated robot possesses a robotic arm that uses rotary joints to perform precise movements repeatedly and consistently. Such robots are widely used in manufacturing industries for applications such as assembling, material handling, welding, sealing, picking, cutting, painting and spraying, and machine tending. Surging need for precise operation in assembly lines and increased automation that drives the demand for the industrial robotic motors market.

Some key players in operating in the Industrial Robotic Motors Market are Mitsubishi Electric, DENSO, EPSON, Universal Robots, b+m Surface Systems, Comau, IGM, Franka Emika, Delta Electronics, Techman Robots, Siasun, Dahl Automation GmbH, Gimatic Srl, HumaRobotics, Industrial Vision Systems, Life Robotics, J. Schmalz GmbH, YASKAWA, KUKA, Micropsi Industries GmbH, Kawasaki Heavy Industries, NACHI-FUJIKOSHI, Omron Adept, Yamaha, ST Robotics, CMA Robotics, Rethink Robotics, Precise Automation, Carbon Robotics, Empire Robotics, Hanwha Precision Machinery, and iCobots.

This report segments the global cannabis concentrates market as follows:

Global Industrial Robotic Motors Market: Motor Type Segment Analysis

  • Servo Motor
  • DC Motor
  • Stepper Motor

Global Industrial Robotic Motors Market: Robot Type Segment Analysis

  • SCARA Robot
  • Delta Robot
  • Cartesian/Gantry Robot
  • Articulated Robot
  • Collaborative Robot
  • Dual Arm Robot

Global Industrial Robotic Motors Market: Fit Type Segment Analysis

  • First Fit
  • Retro Type

Global Industrial Robotic Motors Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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