The Asia Pacific Automation Components Market would witness market growth of 9.5% CAGR during the forecast period (2023-2029).
Product designers are continually enhancing their creations to boost performance & energy efficiency. They modify racetrack profiles and employ a unique material for the cages, raceways, and rolling components. Also, producers have many opportunities due to developments in seal and lubrication technology and the usage of lightweight materials in high-performance goods. Improvements in performance, size, and cost reductions are made possible by directly integrating electro-mechanical features into the bearings.
Manufacturers are now incorporating advanced sensor units into their products due to the increasing demand for high-performance bearings. The sensor modules provide digital monitoring of the product's axial movement, acceleration, rotation speed, deceleration, and load-carrying capability. The emergence of the Internet of Things (IoT) has also promoted the use of connected machinery and equipment and ongoing monitoring.
China has acted to boost its 3D printing industry with beneficial legislation, such as more fiscal support & more accessible financing, as it relies on high-tech, expanding sectors to power the economy. Several funding alternatives, including bond issuing and going public, will be encouraged, according to the MIIT, which pledged to increase financial support for 3D printing companies. It will also be possible to lease money. The suggestions state that foreign corporations should be encouraged to set up R&D facilities in China. The market for automation components is expected to rise as 3D printing technology is increasingly used.
The China market dominated the Asia Pacific Automation Components Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $18,684 million by 2029. The Japan market is estimated to grow a CAGR of 8.8% during (2023 - 2029). Additionally, The India market would experience a CAGR of 10.2% during (2023 - 2029).
Based on Component, the market is segmented into Motors, Gears, Actuators, Bearing, Sensors, Locating Pins, Bushing & Coupling, Linear Shafts & Guides, Rollers, Screws and Stages. Based on Industry, the market is segmented into Automotive, Consumer Electronics, Chemical, Food & Beverage, Pharmaceutical, Semiconductors, Packaging and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automation Components Market is Projected to reach USD 211.5 Billion by 2029, at a CAGR of 9.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bosch Rexroth AG (Robert Bosch GmbH), AB SKF, Emerson Electric Co., Nidec Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc., Shanghai KGG Robots Co., Ltd., Automotion Components Ltd (The Wixroyd Group) and Stock Drive Products/Sterling Instrument (Designatronics, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Component
- Motors
- Gears
- Actuators
- Bearing
- Sensors
- Locating Pins
- Bushing & Coupling
- Linear Shafts & Guides
- Rollers
- Screws
- Stages
By Industry
- Automotive
- Consumer Electronics
- Chemical
- Food & Beverage
- Pharmaceutical
- Semiconductors
- Packaging
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Bosch Rexroth AG (Robert Bosch GmbH)
- AB SKF
- Emerson Electric Co.
- Nidec Corporation
- Parker Hannifin Corporation
- Rockwell Automation, Inc.
- Shanghai KGG Robots Co., Ltd.
- Automotion Components Ltd (The Wixroyd Group)
- Stock Drive Products/Sterling Instrument (Designatronics, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automation Components Market, by Component
1.4.2 Asia Pacific Automation Components Market, by Industry
1.4.3 Asia Pacific Automation Components Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Acquisition and Mergers: 2019, Feb – 2023, Feb) Leading Players
Chapter 4. Asia Pacific Automation Components Market by Component
4.1 Asia Pacific Motors Market by Country
4.2 Asia Pacific Gears Market by Country
4.3 Asia Pacific Actuators Market by Country
4.4 Asia Pacific Bearing Market by Country
4.5 Asia Pacific Sensors Market by Country
4.6 Asia Pacific Locating Pins Market by Country
4.7 Asia Pacific Bushing & Coupling Market by Country
4.8 Asia Pacific Linear Shafts & Guides Market by Country
4.9 Asia Pacific Rollers Market by Country
4.1 Asia Pacific Screws Market by Country
4.11 Asia Pacific Stages Market by Country
Chapter 5. Asia Pacific Automation Components Market by Industry
5.1 Asia Pacific Automotive Market by Country
5.2 Asia Pacific Consumer Electronics Market by Country
5.3 Asia Pacific Chemical Market by Country
5.4 Asia Pacific Food & Beverage Market by Country
5.5 Asia Pacific Pharmaceutical Market by Country
5.6 Asia Pacific Semiconductors Market by Country
5.7 Asia Pacific Packaging Market by Country
5.8 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Automation Components Market by Country
6.1 China Automation Components Market
6.1.1 China Automation Components Market by Component
6.1.2 China Automation Components Market by Industry
6.2 Japan Automation Components Market
6.2.1 Japan Automation Components Market by Component
6.2.2 Japan Automation Components Market by Industry
6.3 India Automation Components Market
6.3.1 India Automation Components Market by Component
6.3.2 India Automation Components Market by Industry
6.4 South Korea Automation Components Market
6.4.1 South Korea Automation Components Market by Component
6.4.2 South Korea Automation Components Market by Industry
6.5 Singapore Automation Components Market
6.5.1 Singapore Automation Components Market by Component
6.5.2 Singapore Automation Components Market by Industry
6.6 Malaysia Automation Components Market
6.6.1 Malaysia Automation Components Market by Component
6.6.2 Malaysia Automation Components Market by Industry
6.7 Rest of Asia Pacific Automation Components Market
6.7.1 Rest of Asia Pacific Automation Components Market by Component
6.7.2 Rest of Asia Pacific Automation Components Market by Industry
Chapter 7. Company Profiles
7.1 Bosch Rexroth AG (Robert Bosch GmbH)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 AB SKF
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.3 Emerson Electric Co.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.5.3 Acquisition and Mergers:
7.4 Nidec Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.5 Parker Hannifin Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.6 Rockwell Automation, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.5.2 Acquisition and Mergers:
7.7 Shanghai KGG Robots Co., Ltd.
7.7.1 Company Overview
7.8 Automotion Components Ltd (The Wixroyd Group)
7.8.1 Company Overview
7.9 Stock Drive Products/Sterling Instrument (Designatronics, Inc.)
7.9.1 Company Overview
TABLE 1 Asia Pacific Automation Components Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Automation Components Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automation Components Market
TABLE 4 Product Launches And Product Expansions– Automation Components Market
TABLE 5 Acquisition and Mergers– Automation Components Market
TABLE 6 Asia Pacific Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 8 Asia Pacific Motors Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Motors Market by Country, 2023 - 2029, USD Million
TABLE 10 Asia Pacific Gears Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Gears Market by Country, 2023 - 2029, USD Million
TABLE 12 Asia Pacific Actuators Market by Country, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Actuators Market by Country, 2023 - 2029, USD Million
TABLE 14 Asia Pacific Bearing Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Bearing Market by Country, 2023 - 2029, USD Million
TABLE 16 Asia Pacific Sensors Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Sensors Market by Country, 2023 - 2029, USD Million
TABLE 18 Asia Pacific Locating Pins Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Locating Pins Market by Country, 2023 - 2029, USD Million
TABLE 20 Asia Pacific Bushing & Coupling Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Bushing & Coupling Market by Country, 2023 - 2029, USD Million
TABLE 22 Asia Pacific Linear Shafts & Guides Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Linear Shafts & Guides Market by Country, 2023 - 2029, USD Million
TABLE 24 Asia Pacific Rollers Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Rollers Market by Country, 2023 - 2029, USD Million
TABLE 26 Asia Pacific Screws Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Screws Market by Country, 2023 - 2029, USD Million
TABLE 28 Asia Pacific Stages Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Stages Market by Country, 2023 - 2029, USD Million
TABLE 30 Asia Pacific Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 32 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Automotive Market by Country, 2023 - 2029, USD Million
TABLE 34 Asia Pacific Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 36 Asia Pacific Chemical Market by Country, 2019 - 2022, USD Million
TABLE 37 Asia Pacific Chemical Market by Country, 2023 - 2029, USD Million
TABLE 38 Asia Pacific Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 39 Asia Pacific Food & Beverage Market by Country, 2023 - 2029, USD Million
TABLE 40 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 41 Asia Pacific Pharmaceutical Market by Country, 2023 - 2029, USD Million
TABLE 42 Asia Pacific Semiconductors Market by Country, 2019 - 2022, USD Million
TABLE 43 Asia Pacific Semiconductors Market by Country, 2023 - 2029, USD Million
TABLE 44 Asia Pacific Packaging Market by Country, 2019 - 2022, USD Million
TABLE 45 Asia Pacific Packaging Market by Country, 2023 - 2029, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 48 Asia Pacific Automation Components Market by Country, 2019 - 2022, USD Million
TABLE 49 Asia Pacific Automation Components Market by Country, 2023 - 2029, USD Million
TABLE 50 China Automation Components Market, 2019 - 2022, USD Million
TABLE 51 China Automation Components Market, 2023 - 2029, USD Million
TABLE 52 China Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 53 China Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 54 China Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 55 China Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 56 Japan Automation Components Market, 2019 - 2022, USD Million
TABLE 57 Japan Automation Components Market, 2023 - 2029, USD Million
TABLE 58 Japan Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 59 Japan Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 60 Japan Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 61 Japan Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 62 India Automation Components Market, 2019 - 2022, USD Million
TABLE 63 India Automation Components Market, 2023 - 2029, USD Million
TABLE 64 India Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 65 India Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 66 India Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 67 India Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 68 South Korea Automation Components Market, 2019 - 2022, USD Million
TABLE 69 South Korea Automation Components Market, 2023 - 2029, USD Million
TABLE 70 South Korea Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 71 South Korea Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 72 South Korea Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 73 South Korea Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 74 Singapore Automation Components Market, 2019 - 2022, USD Million
TABLE 75 Singapore Automation Components Market, 2023 - 2029, USD Million
TABLE 76 Singapore Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 77 Singapore Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 78 Singapore Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 79 Singapore Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 80 Malaysia Automation Components Market, 2019 - 2022, USD Million
TABLE 81 Malaysia Automation Components Market, 2023 - 2029, USD Million
TABLE 82 Malaysia Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 83 Malaysia Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 84 Malaysia Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 85 Malaysia Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 86 Rest of Asia Pacific Automation Components Market, 2019 - 2022, USD Million
TABLE 87 Rest of Asia Pacific Automation Components Market, 2023 - 2029, USD Million
TABLE 88 Rest of Asia Pacific Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 89 Rest of Asia Pacific Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 90 Rest of Asia Pacific Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 91 Rest of Asia Pacific Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 92 Key Information – Bosch Rexroth AG
TABLE 93 Key Information –AB SKF
TABLE 94 Key Information – Emerson Electric Co.
TABLE 95 Key Information – Nidec Corporation
TABLE 96 Key Information – Parker Hannifin Corporation
TABLE 97 Key information – Rockwell Automation, Inc.
TABLE 98 Key Information – Shanghai KGG Robots Co., Ltd.
TABLE 99 Key Information – Automotion Components Ltd
TABLE 100 Key Information – Stock Drive Products/Sterling Instrument
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Acquisition and Mergers: 2019, Feb – 2023, Feb) Leading Players
FIG 5 Swot analysis: Robert Bosch GmbH
FIG 6 Recent strategies and developments: AB SKF
FIG 7 Recent strategies and developments: Emerson Electric Co.
FIG 8 Recent strategies and developments: Nidec Corporation
FIG 9 Recent strategies and developments: Rockwell Automation, Inc.