Industrial Robotics Market Research Report- Forecast to 2027

Industrial Robotics Market, by Type (Delta, Parallel, Redundant, Articulate, Cartesian), by Application (Assembling, Painting, Welding, Material Handling), By End-Users (Entertainment, Electronics, Pharmaceuticals, Automotive) - Forecast 2027

ID: MRFR/SEM/1401-HCR | August 2022 | Region: Global | 100 Pages         

Table of Content


Report prologue

Introduction


2.1 Definition

2.2 Scope of the study

2.2.1 Research objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market structure



Research Methodology


3.1 Research process

3.2 Primary research

3.3 Secondary research

3.4 Market size estimation

3.5 Forecast model



Market Dynamics


4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges



Market factor analysis


5.1 Value chain analysis/Supply chain analysis

5.2 Porters five forces

5.2.1. Bargaining Power of suppliers

5.2.2. Bargaining Power of Customer

5.2.3. Intensity of Competitor’s

5.2.4. Threat of New Entrants

5.2.5 Threat of Substitutes



Global Industrial Robotics: By Types


6.1. Introduction

6.2. Market Sub-segments

6.2.1. Cartesian

6.2.2. SCARA

6.2.3. Articulated

6.2.4. Delta

6.2.5. 6-axis

6.2.6. Redundant

6.2.7. Dual-arm

6.2.8. Parallel

6.2.9. Others



Global Industrial Robotics, by Application


7.1. Introduction

7.2. Market Sub-segments

7.2.1. Material handling

7.2.2. Welding

7.2.3. Assembling

7.2.4. Palletizing

7.2.5. Painting

7.2.6. Others



Global Industrial Robotics, by End-Users


8.1. Introduction

8.2. Market Sub-segments

8.2.1. Automotive

8.2.2. Electronics

8.2.3. Rubber & Plastics

8.2.4. Entertainment

8.2.5. Food & Beverage

8.2.6. Pharmaceuticals

8.2.8. Others



Global Industrial Robotics, by Region


9.1. Introduction

9.1.1. North America

9.1.1.1. U.S.

9.1.1.2. Canada

9.1.2. Europe

9.1.2.1. Germany

9.1.2.2. France

9.1.2.3. UK

9.1.2.4. Italy

9.1.2.5. Spain

9.1.2.6. Rest of Europe

9.1.3. Asia-Pacific

9.1.3.1. Japan

9.1.3.2. China

9.1.3.3. India

9.1.3.4. South Korea

9.1.3.5. Rest of Asia-Pacific

8.1.4. Middle East & Africa



Competitive landscape


10.1. Introduction

10.1.1. Mergers & Acquisitions

10.1.2. Collaborations

10.1.3. Releases/New Product launches

10.1.4. Other (Expansion/ Updates/Partnerships)



Company profile



10.1 ABB Ltd. (Switzerland)

10.1.1. Company Overview

10.1.2. Product/Business Segment Overview

10.1.3. Financials

10.1.4. Key Developments


10.2 Denso Corporation (Japan)

10.2.1. Company Overview

10.2.2. Product/Business Segment Overview

10.2.3. Financials

10.2.4. Key Developments


10.3 Kuka AG (Germany)

10.3.1. Company Overview

10.3.2. Product/Business Segment Overview

10.3.3. Financials

10.3.4. Key Developments


10.4 Kawasaki Heavy Industries Ltd. (Japan)

10.4.1. Company Overview

10.4.2. Product/Business Segment Overview

10.4.3. Financials

10.4.4. Key Developments


10.5 Bosch GmbH (Germany)

10.5.1. Company Overview

10.5.2. Product/Business Segment Overview

10.5.3. Financials

10.5.4. Key Developments


10.6 Yaskawa Electric Corporation (Japan)

10.6.1. Company Overview

10.6.2. Product/Business Segment Overview

10.6.3. Financials

10.6.4. Key Developments


10.7 Fanuc Corporation (Japan)

10.7.1. Company Overview

10.7.2. Product/Business Segment Overview

10.7.3. Financials

10.7.4. Key Developments


10.8 Mitsubishi Electric Corporation (Japan)

10.8.1. Company Overview

10.8.2. Product/Business Segment Overview

10.8.3. Financials

10.8.4. Key Developments


10.9 Rockwell automation, Inc. (U.S.)

10.9.1. Company Overview

10.9.2. Product/Business Segment Overview

10.9.3. Financials

10.9.4. Key Developments


10.10 Toshiba Corporation (Japan)

10.10.1. Company Overview

10.10.2. Product/Business Segment Overview

10.10.3. Financials

10.10.4. Key Developments


10.11 Others



MRFR Conclusion

Appendix


List Of Tables

Table 1 Global Industrial Robotics Market (USD Billion)

Table 2 Global Industrial Robotics Market, By Types

Table 3 Global Industrial Robotics Market, By Application

Table 4 Global Industrial Robotics Market, By End-Users

Table 5 Global Industrial Robotics Market, By Region

Table 6 North America Industrial Robotics Market, By Country

Table 7 North America Industrial Robotics Market, By Type

Table 8 North America Industrial Robotics Market, By Application

Table 9 North America Industrial Robotics Market, By End-Users

Table 10 U.S. Industrial Robotics Market, By Type

Table 11 U.S. Industrial Robotics Market, By Application

Table 12 U.S. Industrial Robotics Market, By End-Users

Table 13 Canada Industrial Robotics Market, By Type

Table 14 Canada Industrial Robotics Market, By Application

Table 15 Canada Industrial Robotics Market, By End-Users

Table 16 Europe Industrial Robotics Market, By Country

Table 17 Europe Industrial Robotics Market, By Type

Table 18 Europe Industrial Robotics Market, By Application

Table 19 Europe Industrial Robotics Market, By End-Users

Table 20 Germany Industrial Robotics Market, By Type

Table 21 Germany Industrial Robotics Market, By Application

Table 22 Germany Industrial Robotics Market, By End-Users

Table 23 France Industrial Robotics Market, By Type

Table 24 France Industrial Robotics Market, By Application

Table 25 France Industrial Robotics Market, By End-Users

Table 26 U.K. Industrial Robotics Market, By Type

Table 27 U.K. Industrial Robotics Market, By Application

Table 28 U.K. Industrial Robotics Market, By End-Users

Table 29 Rest Of Europe Industrial Robotics Market, By Country

Table 30 Rest Of Europe Industrial Robotics Market, By Type

Table 31 Rest Of Europe Industrial Robotics Market, By Application

Table 32 Rest Of Europe Industrial Robotics Market, By End-Users

Table 33 Asia-Pacific Industrial Robotics Market, By Country

Table 34 Asia-Pacific Industrial Robotics Market, By Type

Table 35 Asia-Pacific Industrial Robotics Market, By Application

Table 36 Asia-Pacific Industrial Robotics Market, By End-Users

Table 37 Middle East & Africa Industrial Robotics Market, By Country

Table 38 Middle East & Africa Industrial Robotics Market, By Type

Table 39 Middle East & Africa Industrial Robotics Market, By Application

Table 40 Middle East & Africa Industrial Robotics Market, By End-Users

List Of Figures

FIGURE 1 RESEARCH PROCESS

FIGURE 2 DRIVERS OF GLOBAL INDUSTRIAL ROBOTICS MARKET

FIGURE 3 GLOBAL INDUSTRIAL ROBOTICS MARKET: BY TYPE (%)

FIGURE 4 GLOBAL INDUSTRIAL ROBOTICS MARKET: BY APPLICATION (%)

FIGURE 5 GLOBAL INDUSTRIAL ROBOTICS MARKET: BY END-USERS (%)

FIGURE 6 GLOBAL INDUSTRIAL ROBOTICS MARKET SHARE BY REGION (2020 & 2027) (%)

FIGURE 7 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY TYPE (%)

FIGURE 8 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY APPLICATION (%)

FIGURE 9 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY END-USERS (%)

FIGURE 10 NORTH AMERICA INDUSTRIAL ROBOTICS MARKET SHARE BY COUNTRY (2020 & 2027) (%)

FIGURE 11 EUROPE INDUSTRIAL ROBOTICS MARKET, BY TYPE (%)

FIGURE 12 EUROPE INDUSTRIAL ROBOTICS MARKET, BY APPLICATION (%)

FIGURE 13 EUROPE INDUSTRIAL ROBOTICS MARKET, BY END-USERS (%)

FIGURE 14 EUROPE INDUSTRIAL ROBOTICS MARKET SHARE BY COUNTRY (2020 & 2027) (%)

FIGURE 15 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY TYPE (%)

FIGURE 16 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY APPLICATION (%)

FIGURE 17 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET, BY END-USERS (%)

FIGURE 18 ASIA-PACIFIC INDUSTRIAL ROBOTICS MARKET SHARE BY COUNTRY (2020 & 2027) (%)

FIGURE 19 ROW INDUSTRIAL ROBOTICS MARKET, BY TYPE (USD BILLION)

FIGURE 20 ROW INDUSTRIAL ROBOTICS MARKET SHARE BY COUNTRY (2020 & 2027) (%)

Industrial Robotics Market Speak to Analyst Request a Free Sample

Industrial Robotics Market Overview


Industrial Robotics Market expected to generate a 10.32% CAGR of market revenue from 2019 to 2026. Generally, industrial robotics is the system used for painting, assembling, packaging, manufacturing, welding, testing, and other purposes. These industrial robotics and automation systems are automated and programmable machines used to reduce the tiring manufacturing efforts and produce consumer goods. Moreover, the industries have increased the automation technology adoption because of several factors such as the high costs of employing manual labor and the inconveniences related to offering benefits like increasing wages every year, paid leaves, promotions, health and safety compensation, and insurances, and benefits packages.


In Europe and North America, the costs of employing manual labor have witnessed substantial growth, increasing more opportunities for the Industrial Robots & Cobots market growth.


The Industrial Robotics Market report has highlighted the Robotics technology market network's detailed analysis and the various segments and sub-segments concerning regional areas. It has focused on multiple regions market growth and analysis concerning the current industrial robotics market size and future prospective global market. Moreover, it has explained the factors affecting market growth by analyzing its supply chain and production. Further, the report has briefly analyzed the key player's core competencies and illustrating a competitive analysis for the Industrial Robotics Market.


COVID-19 Impact Analysis


The ongoing pandemic has affected almost all sectors, and this Market was one among them. The Industrial Robotics Market has also faced a halt. Many of the customers were not ready to invest money in this service for various reasons. The COVID19 has brought material shortage, labor shortage, health safety challenges, and other related challenges. Therefore, the producers are planning to lift the increased customers’ demands for the robotics service using the latest technology to enhance the global revenue generation. The pandemic outbreak has slowed down the global market's economic growth, but the key players have adopted suitable measures to revive the situation for better profitable outcomes.


Market Dynamics 



  • Primary Key Driver of the Market


The growing demand for collaborative robots across all industry segments is the major driving factor for Industrial Robotics Market. The advanced robotics market is growing with the help of market drivers. Moreover, the frequent growth in healthcare and automotive application is a key driver, boosting the Industrial Robotics Market.


As a result, the Market has more demand in the worldwide market because of the growing demand for automation devices. Thus, industrial robotics Industry drivers play an essential role in developing the Industrial Robotics Market.



  • Growth opportunities for the Market


For many years, most countries prefer the robotics market as it uses an improved version of advanced technologies. The high adaptation of robotics products in the manufacturing sectors, growing investment of the automotive industry in technological advancement, and increasing automation in the electronics industry, and increasing adoption of robotics in small & medium size organizations have brought a revolution in the market growth. It is expected to boom on a larger scale. The global market's growth rate is booming with a CAGR growth rate of 9.2%, which is very high for successful growth in the current forecast years.


Therefore, the report explains that Industrial Robotics Market demand worldwide is immensely growing to grab more marketing opportunities.



  • Restraints of Robotics Market


The high cost of deployment, especially for SMEs, is the constraint to the industrial robotics drones market that might boost the overall market growth. The under-developed economy of some countries can be one restraint of the Industrial Robotics Market.


Another restraint started in the first half of the year 2020 in COVID-19 for the robotics market. Now, the global robotics market has overcome the situation and growing its sales and productions. Further, the key players are trying their best to improve the functionality to increase the service's sales potential.



  • Challenges for the global market


The Robotic Industries market's growing popularity can experience challenges because of the interoperability and integration issues with industrial robots.


Like any other industry, the Industrial Robotics Market has also faced a massive adverse impact due to the pandemic outbreak. The ability of the service providers to maximize their output was delayed due to the lockdown. But as situations have resumed and are getting regular, consumers' demands have increased, and the industrial robotics industry players are putting in maximum production potential to reach those growing demands.



  • Cumulative Growth Analysis


The Industrial Robotics Market’s growth analysis has recorded the Industrial Robots Market Size, at CAGR 9.2% by 2022, which is purely commendable. The global report of the robotics market states that the current forecast years' market revenue prediction is immensely higher than the previous year.


The robotics market key drivers of various regions are putting their collective effort and efficiency to ensure that the market thrives across different areas regarding growing demands and sales.


Value Chain analysis


The growth of the Industrial Robotics Market depends on the value and size of the global market. The proper understanding of the market value chain can lead Industrial Robotics Services to global market competition.


In the Collaborative Robotics market, many key drivers are involved in developing robotics products and increasing sales worldwide. Moreover, the key drivers have taken up new strategies and planning to increase the global industrial robotics market share.


Industrial Robotics Market Segments Overview


By Type


According to the segmental classification, the Industrial Robotics Market is classified into various types, such as:



  • 6-Axis Robots

  • Redundant

  • Cartesian

  • SCARA

  • Articulated

  • Delta

  • Dual-Arm And Parallel


The Industrial Robotics Market is preferred based upon its functionality and advanced features that are also a differentiating factor.


By Application


Based on the application segmentation, the Industrial Robotics Market is classified into different industrial robotics applications such as:



  • Palletizing

  • Material Handling

  • Welding

  • Assembling

  • Painting


These applications are collectively focusing on the wide-scale utilization and advantages of the product. With more applications, the market will gradually grow to impeccable heights.


End-Users


Based on End-Users, the Industrial Robotics Market is sub-segmented into entertainment, food & beverage, automotive, electronics, Rubber & plastic, and pharmaceuticals.


The report explains that robotics products have their significance and perks in terms of end outcomes. These end-users pick their selected type to meet their requirement.


Geographical Location Analysis


The professional services robots market is widely spread across various global regions based on geographical location analysis. Some of the top-performing regions worldwide are North America, South America, Europe, Asia Pacific, and the rest of the world. Out of all the regions, Asia-Pacific has increased the adoption rate of robotics products and achieved the region's leading countries' position. Moreover, European countries are the second-highest industrial robotics market, contributing 50% of industries in Europe.


The report explains that other regions are anticipated to give average profit to the industrial robotics market as the demand rate is considered average.


Competitive Landscape Analysis


The major key players of the industrial robotics Market are:



  • Kuka AG (Germany)

  • Kawasaki Heavy Industries Ltd. (Japan)

  • Fanuc Corporation (Japan)

  • ABB Ltd. (Switzerland)

  • Denso Corporation (Japan)

  • Mitsubishi Electric Corporation (Japan)

  • Rockwell Automation, Inc. (U.S.)

  • Bosch GmbH (Germany)

  • Yaskawa Electric Corporation (Japan)

  • Toshiba Corporation (Japan)


These are some of the primary key players of this Market. The more demand over the advanced robotics technology has brought more chance to the market players to give their effort and implementations to contribute to the market growth. These companies have increased the service-providing efficiency by enhancing the quality of it as well. Therefore, Asia-Pacific’s global market intends to drive significant profit to the market in the current forecast years.


Recent Developments



  • In October 2019, ABB (Switzerland) invested an amount of USD 150 million for the robotic manufacture to build an advanced robotics factory in Shanghai, China.

  • In September 2018, YASKAWA (Japan) introduced the heavy-duty MH900 6-axis articulated robot, which is suited for heavy material handling applications with a 900 Kg payload capacity with large horizontal and vertical reach.

  • In May 2018, Universal Robots A/S had a partnership with Bizit Systems, Multi-trade Asiapac, Servo Dynamics, and T. E. M. Engineering in Malaysia.


Global Market Report Overview


The report overview is as follows:



  • Overview of the market

  • COVID19 Impact on the Global Market

  • Market dynamic analysis

  • Value chain analysis

  • Market segmentation

  • Geographical classification

  • Competitive landscape analysis

  • Recent Developments


The report throws light on some of the Industrial Robotics Market’s essential growth and development factors. Moreover, it highlights the market potential being leveraged to experience better revenue generation across the world.


Segmental Table


By Types



  • 6-Axis Robots

  • Redundant

  • Cartesian

  • SCARA

  • Articulated

  • Delta

  • Dual-Arm And Parallel


Application



  • Palletizing

  • Material Handling

  • Welding

  • Assembling

  • Painting


End-Users



  • Entertainment

  • Food & Beverage

  • Automotive

  • Electronics

  • Rubber & Plastic

  • Pharmaceuticals



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   10.32% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application, End-Users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Kuka AG (Germany),, Kawasaki Heavy Industries Ltd. (Japan),, Fanuc Corporation (Japan),, ABB Ltd. (Switzerland),, Denso Corporation (Japan),, Mitsubishi Electric Corporation (Japan),, Rockwell Automation, Inc. (U.S.),, Bosch GmbH (Germany),, Yaskawa Electric Corporation (Japan),, Toshiba Corporation (Japan)
  Key Market Opportunities   high cost of deployment
  Key Market Drivers   growing demand for collaborative robots across all industry segments


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Frequently Asked Questions (FAQ) :

The increased consumer appeal for robotics products is likely to stimulate the industrial robotics market.

A 14% CAGR is estimated to guide the market to high growth potential in the course of the forecast period.

Kuka AG (Germany), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (USA), Mitsubishi Electric Corporation (Japan), and Toshiba Corporation (Japan), are encouraging the global market.

The Asia Pacific is the expected to endorse the growth of the regional market primarily due to the presence of nations such as Japan.

The need for investment in the market is anticipated to lift the market’s progress in the coming period.