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Motor for Robots Market Is Projected to Reach 29400 Million US$ by 2025

This study focuses on the production side and consumption side of Motor for Robots, presents the global Motor for Robots market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

 

Los Angeles, CA -- (SBWIRE) -- 09/25/2018 -- In terms of production side, this report researches the Motor for Robots capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Motor for Robots by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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.

The Motor for Robots market was valued at 5330 Million US$ in 2017 and is projected to reach 29400 Million US$ by 2025, at a CAGR of 23.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Motor for Robots.

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This report includes the following manufacturers: Simens, Beckhoff Automation, Panasonic, Fanuc, Yaskawa, Lenze, ABB, Nidec, Maxon Motor, SAMSR Motor, SL Montevideo Technology,Anaheim Automation, INVT, mHNC, STEP, Inovance, Estun Robotics, Longs Motor, Leadshine, DELTA, FinePower

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