Robotics and Automation Actuators Market is estimated to be US$ 67.48 billion by 2032
Manju Gupta02 Nov, 2022News
Robotics and Automation Actuators Market accounted for US$ 18.7 billion in 2022 and is estimated to be US$ 67.48 billion by 2032 and is anticipated to register a CAGR of 13.8%. Automation is the process where technology is used to complete tasks. Robotics is the process where robots are developed for carrying out particular functions. Electric actuators are commonly used actuators in robotics. It converts electric energy into rotary motion or linear. Electric, Pneumatic and Hydraulic are major types of actuators which helps in robotic function.
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