The global robotics and automation actuators market is estimated to be USD 15.8 billion in 2019 and is projected to reach USD 30.9 billion, at a Compound Annual Growth Rate (CAGR) of 14.37% from 2019 to 2024.
2. Scope of The Report
Research report categorizes the Robotics and Automation Actuators Market based o
n Actuation, Application, Industry, Design Characteristics & by region.
And More…
By Actuation
• Electric
• Pneumatic
• Hydraulic
By Application
• Process Automation
• Robotics
By Industry
• Automotive
• Electronics
• Healthcare
3. Key Segments
The electric actuator segment to grow at a higher CAGR in the robotics and aut
omation actuators market, among all actuation segments during the forecast per
iod
The market is driven by factors, such as the increasing investments
in process automation across industry verticals, rising demand for r
obots, and technological advancements in actuators.
Browse 128 market data Tables and 38 Figures spread through 202
Pages and in-depth TOC on "Robotics and Automation Actuators M
arket - Global Forecast to 2024"
The ecosystem of the IGGS market comprises manufacturers, component s
uppliers, raw material suppliers, distributors, service providers, and end user
s.
The global robotics and automation actuators market is estimated to be
USD 15.8 billion in 2019 and is projected to reach USD 30.9 billion, at a
Compound Annual Growth Rate (CAGR) of 14.37% from 2019 to 2024.
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4. Robotics and Automation Actuators Market Growth Rate
2024
Market Size of
$15.8 Billion
Market Size of
$30.9 Billion
2019
CAGR of 14.37%
6. Top Region..
• North America
• Europe
• Asia Pacific
• ROW
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7. 1. How has the market shaped up? Historic trends, early adopters, regulation, tipping point etc.
2. What are the burning issues? How can they be addressed?
3. What will your New Revenue Sources be?
4. Which regions will offer the most promising opportunities?
5. Who are the leading players in this market? What strategies are they adopting to stay ahead of
competition?
6. How will the market shape up in next five years? competition?
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