Global Industrial Robotics Market By Overview
Introduction:
Robots are majorly used for carrying out the tasks that are repetitive, hazardous, and complex. They are automatically controlled, reprogrammable, and can be multipurpose programmable in three or more axes. Re-programmable devices designed to transport parts and specialized manufacturing are implemented through pre-programmed motion for particular manufacturing processes are included in industrial robotics system. The robots refer to the programmed devices that perform functions based on defined algorithms and can be mobile mounted at fixed positions for factory applications.
Global Industrial Robotics Market By Dynamics
Some of the major factors driving the market include rising demand for high-quality products, need for energy conservation, and growing focus on workplace safety. Incremental advancements in technology, coupled with sustained increase in the development of manufacturing facilities, are also expected to drive this market. Rising automation in order to meet production demand is expected to boost target market growth in the coming years. Development of self-programming robots owing to advancement in artificial intelligence is expected to boost demand for the industrial robotics market globally in near future. However, the dynamic nature of end users and perceived lack of awareness about various upcoming technologies may restrain growth of the market to some extent. Huge investments required for the adoption and transformation of these systems, and the cyber risks that accompany integration of technology, thus making it vulnerable.
Global Industrial Robotics Market By Segmentation
Industrial robotics market is segmented into type, function, application, and region.
On the basis of type, the target market is divided into articulated robots, parallel robots, SCARA robots, cylindrical robots, cartesian robots. Articulated robots are expected to hold a major share of the global industrial robots’ market, and the market is expected to grow at a significant rate during the forecast period. On the basis of function, the target market is segmented into soldering & welding, materials handling, assembling & disassembling, painting & dispensing, milling, cutting and processing. On the basis of application, the global market is divided into automotive, electrical & electronics, chemical, rubber & plastic, metal & machinery, Food & beverages and Pharmaceuticals. The automotive segment contributed the highest market share in future years and the growth is attributed to the development of automotive robotics.
Regional Insights:
On the basis of region, the industrial robotics market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Asia Pacific is the dominating region to hold the largest industrial robotics market share. The low cost of production, enabling a variety of manufacturers to set up their manufacturing units, particularly in countries such as China, Korea, and India. Rising adoption of automation and robotics technology in the region is the major factor which is expected to drive industrial robotics market growth in the North American region.
Global Industrial Robotics Market By Key Players
The key player operating in industrial robotics market includes ABB Ltd. KUKA AG Pvt. Ltd., Mitsubishi Electric Corp., FANUC Corporation, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Seiko Epson Corporation, Stäubli International AG Corporation, NACHI-FUJIKOSHI Corp. DENSO CORPORATION (Japan), Comau SpA Ltd., DAIHEN Corporation, Omron Adept Technologies, Inc., Universal Robots A/S Corporation, and CMA ROBOTICS SPA Pvt. Ltd.
Global Industrial Robotics Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- PORTER’s
- Investment Outlook
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Industrial Robotics Strategies
- Key Questions this Study will Answer
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- By Type (Articulated Robots, Parallel Robots, SCARA Robots, Cylindrical Robots, Cartesian Robots),
- By Function (Soldering & Welding, Materials Handling, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting and Processing),
- By Application (Electrical & Electronics, Chemical, Rubber & Plastic, Metal & Machinery, Food & Beverages and Pharmaceuticals),
- By Region ( North America, Europe, Asia Pacific, Latin America and Middle East & Africa)
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Regional Analysis
- Regional Revenue Analysis
- Regional By segment Analysis
- Reasons for regional growth
- Key Player of particular region
- Countries Include in the report:
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- North America (U.S., Canada)
- Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
- Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Competitive Overview
- Competitive Benchmarking
- Market Share Analysis
- Key Developments In The Industrial Robotics Market
- Key Developments: Mergers & Acquisitions
- Key Developments: Collaboration
- Key Developments: Contracts & Agreements
- Key Developments: Expansion
- Key Developments: Product Developments
- Company Profiles
- ABB Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KUKA AG Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mitsubishi Electric Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FANUC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kawasaki Heavy Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yaskawa Electric Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Seiko Epson Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Stäubli International AG Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NACHI-FUJIKOSHI Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DENSO CORPORATION (Japan)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Comau SpA Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DAIHEN Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Omron Adept Technologies, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Universal Robots A/S Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CMA ROBOTICS SPA Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Industrial robotics market is segmented into type, function, application, and region.
Articulated robots are expected to hold a major share of the global industrial robots’ market, and the market is expected to grow at a significant rate during the forecast period.
Asia Pacific is the dominating region to hold the largest industrial robotics market share. The low cost of production, enabling a variety of manufacturers to set up their manufacturing units, particularly in countries such as China, Korea, and India. Rising adoption of automation and robotics technology in the region is the major factor which is expected to drive industrial robotics market growth in the North American region.
Key players in the industrial robotics market includes ABB Ltd. KUKA AG Pvt. Ltd., Mitsubishi Electric Corp., FANUC Corporation, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Seiko Epson Corporation, Stäubli International AG Corporation, NACHI-FUJIKOSHI Corp. DENSO CORPORATION (Japan), Comau SpA Ltd., DAIHEN Corporation, Omron Adept Technologies, Inc., Universal Robots A/S Corporation, and CMA ROBOTICS SPA Pvt. Ltd.