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) (%)
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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
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.
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.
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.
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.
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:
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:
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:
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
Global Market Report Overview
The report overview is as follows:
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
Application
End-Users
| 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 |
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.