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)

Featured Product

BitFlow Introduces 6th Generation Camera Link Frame Grabber: The Axion

BitFlow Introduces 6th Generation Camera Link Frame Grabber: The Axion

BitFlow has offered a Camera Link frame grabbers for almost 15 years. This latest offering, our 6th generation combines the power of CoaXPress with the requirements of Camera Link 2.0. Enabling a single or two camera system to operate at up to 850 MB/S per camera, the Axion-CL family is the best choice for CL frame grabber. Like the Cyton-CXP frame grabber, the Axion-CL leverages features such as the new StreamSync system, a highly optimized DMA engine, and expanded I/O capabilities that provide unprecedented flexibility in routing. There are two options available; Axion 1xE & Axion 2xE. The Axion 1xE is compatible with one base, medium, full or 80-bit camera offering PoCL, Power over Camera Link, on both connectors. The Axion 2xE is compatible with two base, medium, full or 80-bit cameras offering PoCL on both connectors for both cameras. The Axion-CL is a culmination of the continuous improvements and updates BitFlow has made to Camera Link frame grabbers.