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Those covered in this report are ABB, NIDEC Corporation, Yaskawa Electric Corporation, Rockwell Automation, Schneider Electric, Nanotec Electronic GmbH.
Jersey City, New Jersey, November 21, 2023 (GLOBE NEWSWIRE) — InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Intelligent Robotic Motors Market – (via Robot Type (Commercial (Industrial Robot, Service Robot, Medical Robot, Agricultural Robot, Inspection and Maintenance Robot, Cleaning Robot, Warehouse and Logistics Robot)”), defense (Unmanned Aerial Vehicle (UAV), Unmanned Ground Vehicle (UGV), Unmanned Maritime Vehicle (UMV), Minesweeper Robot, Tactical Robot, Robot Exoskeleton, Autonomous Weapon System), through voltage (12V, 18V, 24V, 36V, 48V, above 48V), through components (Hardware (Motor, Encoder, Motor Controller, communication interface, sensor, Force Electronics, others), software)), trends, industry festival analysis, revenue and forecast to 2031. “
According to the latest studies by InsightAce Analytic, the global intelligent robot motors market is valued at $4. 43 billion in 2022 and is expected to reach $6. 75 billion by 2031, with a CAGR of 4. 96% for the forecasted period of 2023-2031. .
Smart robot motors are state-of-the-art innovations over traditional motors with the goal of achieving greater power, reliability, and seamless integration. The intelligence and programmability of smart motors make them ideal partners for servo motors. Smart robots are driving revolutionary innovation in many industries as they are increasingly intertwined with cutting-edge technologies such as 5G networks and edge computing. When those advancements are utilized, companies see significant innovations in power and intelligence.
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Smart robots can now exchange and interpret knowledge in real-time thanks to the ultra-fast, low-latency connections possible over 5G networks. Robots can make split-second decisions, collaborate, and interact with other people more seamlessly. These engines help the planet because they consume less energy than popular models. This contributes to the expansion of the market, as it reflects the trend towards greener and more energy-efficient practices. However, the increase in value of smart motors is due to their integration of complicated electronics, sensors, communication modules, and specialized software, as well as related educational requirements. In the long run, energy, productivity, and maintenance prices gain greater advantages than the initial expense.
RECENT DEVELOPMENTS:
In March 2023, Moog Animatics is pleased to introduce the Smart MotorTM family of products, a new variety of Class 6 D-type engines. These new models of the highly programmable Smart Motor servo formula come with a battery-free multi-turn absolute encoder. , amplifier and controller, as well as various other communication functions such as USB, dual-port commercial Ethernet (Ether CAT, PROFINET, Ether Net/IPTM) and CAN connections.
In March 2023, ABB Robotics expanded its portfolio of logistics automation responses with the arrival of the Robotic Item Picker. This vision and AI-based solution can identify and choose parts in warehouse environments and unstructured distribution centers.
List of Prominent Players in the Intelligent Robotic Motors Market:
TISSUE
NIDEC Company
Yaskawa Electric Company
Rockwell Automation
Schneider Electric
Nanotec Electronics GmbH
Lenze
Moog, Inc.
Fuji Electric Co. , Ltd.
Siemens AG
General Energy
Dunker Motoren GmbH
Tecnosoft SA
RobotShop, Inc.
Roboteq, Inc.
Other
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Scope of Intelligent Robotic Motors Market Report:
Report Attribute
Characteristics
Market Size Value in 2022
$4. 43 billion
Revenue forecast in 2031
$6. 75 billion
Expansion Rate CAGR
CAGR of 4. 96% from 2023 to 2031
Quantitative Units
Revenue Representation in US$ and CAGR from 2023 to 2031
Historic year
2019 to 2022
Forecast year
2023-2031
Report Coverage
Revenue forecasts, corporate position, competitive market structure, expansion prospects and trends.
Segments Covered
By Robot Type, Voltage, and Component
Regional reach
North America; Europe ; Pacific Asia; Latin America; Middle East and Africa
Nationwide
WE. ; Canada; UNITED KINGDOM. ; Germany; Porcelain; India; Japan; Brazil; Mexico; France; Italy; Spain; India; Southeast Asia; South Korea
Market Dynamics:
Drivers:
The increasing use of smart motors in consumer and automotive electronics devices is driving the growing market demand for smart robotic motors. The market expansion is expected to be driven by reasons such as the growing interest in high-tech engines in the commercial sector. industry, the ever-increasing need for less on-site space and cabling, the ever-increasing need for adjustable speed in programs such as fan systems and pumping systems. and curtain management, the increasing adoption of IoT-based programs in a wide diversity of industries, the increasing adoption rate of business automation, and the increasing number of business automation activities.
Challenges:
The main demanding situations are high costs, shortage of professionals, and lack of criteria and protocols due to lockdowns and isolation in emerging countries, which are expected to slow down the expansion of the smart robotic motor market. Safety issues due to a complex, high-level interface will be a hindrance for the smart robot business, which is already limited by the previous large expenditures on R&D.
The stakes are high, as a knowledge breach can lead to lost revenue, theft of intellectual assets, and exposure of consumers’ personal information. To mitigate those dangers, corporations will have to implement strict cybersecurity measures tailored to the specific characteristics of smart engine systems. The global outbreak of COVID-19 has had a noticeable effect on the market, and the governments of various countries have taken measures to curb the virus, such as implementing lockdowns, which have slowed down trade expansion.
Regional trends:
The North America intelligent robot motors market is expected to register a significant percentage in terms of revenue. It is expected to grow at a higher CAGR in the short and long term due to technological advancements and wealth. The use of autonomous robots is underway. The rise of the service sector, and this trend, combined with technological advancements and increased investment, has led to a boom in the robot industry. In addition, Europe had a really large percentage of the market. Due to their accuracy, efficiency, and in-connection, intelligent motors for robots are becoming increasingly popular. They have a very important component of many other systems and have increased adoption of automation in end-user industries in the region. Moreover, the presence of primary competition and expanding cooperation among major players for market penetration in the region provide an expansion opportunity in the global intelligent robotic motor market.
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Intelligent Robotic Motors Market Segmentation
By Robot Type
Commercial
Industrial Robot
Service Robot
medical robot
Agricultural Robot
Inspection & Maintenance Robot
Cleaning Robot
Warehouse & Logistics Robot
The Defence
Unmanned Aerial Vehicle (UAV)
Unmanned Ground Vehicle (UGV)
Unmanned Marine Vehicle (UMV)
Bomb Fighting Robot
Tactical Robot
robotic exoskeleton
Autonomous Weapon System
By voltage-
12V
18V
24V
36V
48V
Above 48 V
By component-
Hardware
Engine
Encoder
Engine Control
Communication interface
Sensor
Power Electronics
Other
Software
By region-
North America-
The United States
Canada
Mexico
Europe -
Germany
Britain
France
Italy
Espana
Europe’s
Pacific-
Porcelain
Japan
India
South Korea
Southeast Asia
Rest of Asia-Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC countries
South Africa
Rest of the Middle East and Africa
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