Servos, Motors, and Actuators Driving Robotic Components Market Towards a Healthy $2.4 Billion in 2016, According to ABI Research

Servos, motors, and actuators will show significantly higher growth rates than the overall robot market, due to the increasing complexity of robots. ABI Research forecasts robotic component revenues to exceed $2.36 billion in 2016, in a total robotics market of some $22 billion.

Servos, motors, and actuators will show significantly higher growth rates than the overall robot market, due to the increasing complexity of robots. ABI Research forecasts robotic component revenues to exceed $2.36 billion in 2016, in a total robotics market of some $22 billion.


In addition, components such as wheels, microcontrollers, and battery units, will show high unit shipping volumes, due to their use on multiple types of robots, particularly in the personal robot segment.

According to research director Philip Solis, "Today, personal robots are leading the market with 97% of unit shipments, although military, industrial and medical robots, due to their much higher ASPs, deliver almost twelve times as much overall revenue. The greater complexity of new models, and growing demand for that complexity, require more expensive parts and materials."

On the downside, Solis notes, "Continuing global economic instability (as well as man-made or natural disasters such as the recent earthquake in Japan) could impact demand for robots and their components, while rising commodity costs can mean more expensive components."

ABI Research's new "Robotic Components" study (http://www.abiresearch.com/research/1007700) examines the market for robotic components for the period 2011-2016, covering global markets segmented by region. Forecasts are segmented for individual component types, for shipments, ASPs and revenues. The activities of key industry participants are also discussed.

This report is part of ABI Research's Robotics and Automation Research Cluster (http://www.abiresearch.com/products/cluster/Robotics_and_Automation_Research_Cluster)

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FAULHABER Drive Systems at the Robotics Summit & Expo in Boston from April 30 to May 1 in Hall C at Booth 534

FAULHABER Drive Systems at the Robotics Summit & Expo in Boston from April 30 to May 1 in Hall C at Booth 534

Faulhaber will be presenting their drive systems for robotics and smart technology. Robots are versatile and can be found in many areas, for example, transporting goods, operating on patients or supporting the agriculture industry. With the help of robots, processes can be automated, the flow of materials optimized and employees relieved. Equipped with FAULHABER drive systems, these robots can take on tasks where the demands on function and applications are high.