Since industrial automation has become a buzzword in the industrial sector, appropriate deployment of advanced electrical motors in industrial robots has become crucial. Various parameters including linear & angular movements, arm control, and positioning are important determinants while selecting a motor. The consideration of torque requirements corresponding to the robot weight, speed, wheel size, and acceleration is necessary as per the application. Linear motors, tiny pager motors, stepper motors, servo motors, and DC geared motors are some major types of motors leveraged in industrial robotic systems. Selection of the right industrial robotic motor can ensure higher reliability, precision, and effectiveness in industrial operations.
Global Industrial Robotic Motors Market: Growth Factors
With several SMEs cropping up across the emerging economies, there has been a marked growth in the demand for robotic systems, which are increasingly becoming easier to use. The global industrial robotic motors market size is certain to augment on account of the widespread use of these motors for motion-control and repetitive motion applications including material removal, sanding, and polishing. The demand for compact industrial robotic motors has also been pushing the market growth.
The deployment of stand-alone robots, autonomous guided vehicles (ASVs), collaborative robots, and mobile robots has been witnessing a constant uptick in the past few years, due to their versatility. They can be highly productive when utilized effectively across warehouses, logistics, distribution centers, agriculture, retail, and other environments. The continuously expanding demand for robots in industrial applications is expected to translate to a magnificent growth of the global industrial robotic motors market share by 2026.
The emergence of cutting-edge technologies that are rapidly being adopted across the industrial sector such as artificial intelligence (AI), Internet of Things (IoT), and machine learning has been triggering market expansion. The development of advanced robot sensors for industrial use has been another major enabler of the global industrial robotic motors market forecast.
Global Industrial Robotic Motors Market: Segmentation
The global industrial robotic motors market share has been differentiated by payload, by type, by application, by end-use industry, and by region. On the basis of payload, the market can be classified as up to 16.00 Kg, 16.01 – 60.00 Kg, 60.01 – 225.00 Kg, and more than 225.00 Kg. Based on type, the global market for industrial robotic motors is bifurcated into collaborative industrial robots and traditional industrial robots. Traditional industrial robots have been further sub-segmented as SCARA, articulated, spherical, cylindrical, Cartesian/ gentry/ linear, swing-arm robots, and delta/parallel.
On the basis of application, the global industrial robotic motors market has been segmented into assembling & disassembling (screw driving and nut fastening), dispensing (gluing, food & beverages, and painting), handling (pick and place, packaging and palletizing, clean room applications, machine tending, and material handling), processing (grinding and polishing, cutting, and milling), welding & soldering (arc welding, spot welding, gas welding, soldering, and laser welding), and others (die-casting & molding, and inspection & testing).
Global Industrial Robotic Motors Market: Regional Analysis
Europe is likely to lead the global industrial robotic motors market, with Italy, Germany, and France leading the regional market. The North American market is also likely to flourish over the next few years, with the U.S. holding the dominant position in terms of revenue generated.
Asia Pacific has substantial potential for expansion through the forecast years, owing to the greater penetration of latest technologies such as AI, machine learning, IoT, and robotic technologies. India is expected to represent a significant chunk of the market revenue by 2026, owing to the presence of a booming industrial sector where manufacturing units are adopting automation at a fast rate.
As per the recent World Robotics Report-2020 of the International Robotic Federation (IRF), India has doubled its adoption of industrial robots within last five years, and has been ascending to feature amongst the top 10 countries where annual installations of industrial robots are the highest. Japan and China will also add considerably to the demand across the global industrial robotic motors market.
Global Industrial Robotic Motors Market: Competitive Players
ABB, FANUC, 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 are some of the major industry participants leading the global industrial robotic motors market.