Industrial Robotic Motors Market to Witness Significant Growth, Reaching USD 2341.59 Million by 2031

Straits Research has published a comprehensive report on the Industrial Robotic Motors Market, providing in-depth insights and analysis on the market's current trends, opportunities, and challenges. According to the report, the global Industrial Robotic Motors Market size was valued at USD 829.62 Million in 2022 and is projected to reach from USD XX Million in 2023 to USD 2341.59 Million by 2031, growing at a CAGR of 12.22% during the forecast period (2023–2031).

Market Definition:

Industrial robotic motors are electric motors designed to provide motion and control to industrial robots. These motors are used in various industrial applications, including manufacturing, assembly, and material handling. The industrial robotic motors market encompasses a wide range of motor types, including DC motors, AC motors, servo motors, and stepper motors.

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Market Trends:

The industrial robotic motors market is driven by several factors, including:

Increasing Adoption of Industrial Robots: The growing demand for industrial robots in various industries, such as automotive, aerospace, and electronics, is driving the demand for industrial robotic motors.

Advancements in Motor Technology: The development of advanced motor technologies, such as servo motors and stepper motors, is enabling industrial robots to perform complex tasks with high precision and accuracy.

Growing Need for Automation: The increasing need for automation in industries is driving the demand for industrial robotic motors, as they enable industrial robots to perform tasks efficiently and accurately.

Key Opportunities:

The industrial robotic motors market presents several opportunities for growth and development, including:

Increasing Demand from Emerging Markets: The growing demand for industrial robots in emerging markets, such as China, India, and Brazil, presents a significant opportunity for industrial robotic motor manufacturers.

Development of New Motor Technologies: The development of new motor technologies, such as collaborative robots and autonomous mobile robots, presents an opportunity for industrial robotic motor manufacturers to expand their product offerings.

Growing Need for Energy-Efficient Motors: The growing need for energy-efficient motors in industries presents an opportunity for industrial robotic motor manufacturers to develop and market energy-efficient motor solutions.

Key Players:

The industrial robotic motors market is highly competitive, with several key players operating in the market, including:

OTC Daihen

Panasonic Corporation

Toshiba Machines

Yaskawa Electric Corporation

Kawasaki Heavy Industries

Denso Corporation

Fanuc Corporation

Mitsubishi Electric Corporation

ABB Group

Omron Adept Technologies

Market Segmentation:

The industrial robotic motors market is segmented based on motor type, robot type, and industry.

By Motor Type:

DC Motor

AC Motor

Servo Motor

Stepper Motor

By Robot Type:

SCARA Robot

Delta Robot

Cartesian/Gantry Robot

Articulated Robot

Collaborative Robot

Dual Arm Robot

By Industry:

Automotive

Chemical

Semiconductor

Metal and Mining

Others

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About Straits Research:

Straits Research is a top provider of business intelligence, specializing in research, analytics, and advisory services. We offer comprehensive reports on various markets, including the industrial robotic motors market. Our reports provide in-depth insights and analysis on market trends, opportunities, and challenges.