Global Robotics Technology Market (Types, Components and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2014 - 2020

  • ID: 3274509
  • Report
  • Region: Global
  • Allied Analytics LLP
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Global Robotics Technology Market is Expected to Reach $82.7 Billion, by 2020

FEATURED COMPANIES

  • ABB Group
  • Adept Technology
  • Fanuc Corporation
  • Honda Motor Co., Ltd.
  • Intuitive Surgical
  • iRobot
  • MORE
Robotics Technology, is a combination of machine tools and computer applications, used for the designing, manufacturing and application of robots. Use of robotics technology allows consumers to automate processes, increase productivity, enhance quality and reduce human errors. Robotics technology is used in a wide range of industries including healthcare, defense, aerospace, automotive and infrastructure. Robots can be used for numerous activities which include assembling products, detecting and defusing bombs, surgical operations, product inspection, space missions, and domestic works such as cleaning and other household chores. The impending need of automation solutions is a major factor that drives this market. Manufacturers are increasingly opting for process automation, owing to the rise in labor costs and market competition. A dynamic rise in the number of smartphones and tablets supplements the process of robot development and contributes to the growth of the global market. Additionally, emerging technologies in robotics and cost reduction in products with the use of robots supplement the market growth. With the growth of robotics technology, there will be a significant increase in the number of jobs available for the human workforce. Lack of awareness about the advantages of robots in the market, along with the high installation cost of robotics technology are the major drawbacks for this market. The growing demand for automation in mechanical, aerospace and defense industries, along with the growing adoption of new technologies like nano-robotics and cloud robotics, highlight the growth opportunities for players in the market. There has been an increase in the adoption of robotics by SMEs, owing to the development of small, compact and affordable robots by the key players in the market.

The vendors in the market offer a wide range of robotics systems to meet the requirement of the customers. The development of robots require high quality hardware and software to control the robots’ operations and integration along with its auxiliary systems in a working environment. The key players in the market are developing small, compact, energy efficient and low cost robotics systems, which can be used in a wide range of industries, particularly by SMEs. Additionally, the vendors in the market are acquiring and collaborating with the top companies in the market, to enhance their product portfolio. For instance, in September 2014, ABB introduced a new dual arm robot named Yumi, to work in collaboration with humans and ease the process of automation. This launch will further enhance the company’s offerings and support its growth. In June 2013, Yaskawa acquired Agile Planet to strengthen its product portfolio of robotics as well as motion control. This acquisition would also enable Yaskawa to expand its geographic presence. Other key players dominating this market are ABB Group, Adept Technology, Fanuc Corporation, Yaskawa Electric Corporation, KUKA AG, Intuitive Surgical, Yamaha Corporation, Kawasaki Heavy Industries, Honda Motor Co Ltd and iRobot.

The global Robotics Technology market is segmented on the basis of types of robots, components, applications and geography. The various types of robots used across different industries include industrial robots, service robots and mobile robots. Industrial robots account for a larger share among others. The component segment is further categorized into hardware, software, and services. The different hardware components include sensors, controllers, effectors, power supply and actuators. Robotic technology finds applications across a wide range of domains including healthcare, defense and security, automotive, aerospace, infrastructure, industrial and residential. The microscopic analysis of the market has been performed by examining various regions such as North America, Europe, Asia-Pacific and LAMEA.

KEY SEGMENTATION

The market is segmented based on Types, Components, Applications and Geography.

MARKET BY TYPES

- Industrial Robots
- Service Robots
- Mobile Robots
- Others

MARKET BY COMPONENTS

- Hardware
- Software
- Services

MARKET BY APPLICATIONS

- Healthcare
- Defense and Security
- Aerospace
- Automotive
- Electronics
- Domestic
- Others

MARKET BY GEOGRAPHY

- North America
- Europe
- Asia Pacific
- LAMEA

KEY PLAYERS
- ABB Group
- Adept Technology
- Fanuc Corporation
- Yaskawa Electric Corporation
- KUKA AG
- iRobot
- Intuitive Surgical
- Honda Motor Co., Ltd.
- Yamaha Corporation
- Kawasaki Heavy Industries

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FEATURED COMPANIES

  • ABB Group
  • Adept Technology
  • Fanuc Corporation
  • Honda Motor Co., Ltd.
  • Intuitive Surgical
  • iRobot
  • MORE
CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tool and models

CHAPTER 2 EXCECUTIVE SUMMARY

2.1 CXO perspective
2.2 Market beyond: what to expect by 2025

2.2.1 Base case scenario
2.2.2 Optimistic case scenario
2.2.3 Critical case scenario

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Value chain analysis
3.4 Market share analysis
3.5 Porter’s five forces analysis

3.5.1 Stringent safety regulations, high switching costs, and high investment in product differentiation reduces the threats of new entrants
3.5.2 Unavailability of other automation solutions lowers the threat of substitution
3.5.3 High product differentiation and low switching cost increases the bargaining power of suppliers
3.5.4 Large number of buyers, product differentiation, and high switching costs reduces the bargaining power of buyers
3.5.5 High product differentiation, high switching costs, and diverse product offerings reduces the rivalry in the market

3.6 Case studies
3.7 Market dynamics

3.7.1 Drivers
3.7.2 Restraints
3.7.3 Opportunities

CHAPTER 4 GLOBAL ROBOTICS TECHNOLOGY MARKET, BY TYPE

4.1 Industrial Robots

4.1.1 Key market trends
4.1.2 Competitive scenario
4.1.3 Key growth factors and opportunities
4.1.4 Market size and forecast

4.2 Mobile Robots

4.2.1 Key market trends
4.2.2 Competitive scenario
4.2.3 Key growth factors and opportunities
4.2.4 Market size and forecast

4.3 Service Robots

4.3.1 Key market trends
4.3.2 Competitive scenario
4.3.3 Key growth factors and opportunities
4.3.4 Market size and forecast

4.4 Others

4.4.1 Key market trends
4.4.2 Competitive scenario
4.4.3 Key growth factors and opportunities
4.4.4 Market size and forecast

CHAPTER 5 GLOBAL ROBOTICSTECHNOLOGY MARKET, BY COMPONENTS

5.1 Hardware

5.1.1 Key market trends
5.1.2 Competitive scenario
5.1.3 Key growth factors and opportunities
5.1.4 Market size and forecast

5.2 Software

5.2.1 Key market trends
5.2.2 Competitive scenario
5.2.3 Key growth factors and opportunities
5.2.4 Market size and forecast

5.3 Services

5.3.1 Key market trends
5.3.2 Competitive scenario
5.3.3 Key growth factors and opportunities
5.3.4 Market size and forecast

CHAPTER 6 GLOBAL ROBOTICS TECHNOLOGY MARKET, BY APPLICATIONS

6.1 Healthcare

6.1.1 Market size and forecast

6.2 Defense and Security

6.2.1 Market size and forecast

6.3 Aerospace

6.3.1 Market size and forecast

6.4 Automotive

6.4.1 Market size and forecast

6.5 Electronics

6.5.1 Market size and forecast

6.6 Domestic

6.6.1 Market size and forecast

6.7 Others

6.7.1 Market size and forecast

CHAPTER 7 GLOBAL ROBOTICS TECHNOLOGY MARKET, BY GEOGRAPHY

7.1 North America

7.1.1 Key market trends
7.1.2 Competitive scenario
7.1.3 Key growth factors and opportunities
7.1.4 Market size and forecast

7.2 Europe

7.2.1 Key market trends
7.2.2 Competitive scenario
7.2.3 Key growth factors and opportunities
7.2.4 Market size and forecast

7.3 Asia Pacific

7.3.1 Key market trends
7.3.2 Competitive scenario
7.3.3 Key growth factors and opportunities
7.3.4 Market size and forecast

7.4 LAMEA

7.4.1 Key market trends
7.4.2 Competitive scenario
7.4.3 Key growth factors and opportunities
7.4.4 Market size and forecast

CHAPTER 8 COMPANY PROFILE

8.1 ABB Group

8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Business performance
8.1.4 Key strategies and developments
8.1.5 SWOT analysis of ABB Group

8.2 Adept Technology

8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Business performance
8.2.4 Key strategies and developments
8.2.5 SWOT analysis of Adept technology

8.3 Yaskawa Electric Corporation

8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Business performance
8.3.4 Key strategies and developments
8.3.5 SWOT analysis of Yaskawa Electric Corporation

8.4 Fanuc Corporation

8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Business performance
8.4.4 Key strategies and development
8.4.5 SWOT analysis of Fanuc Corporation

8.5 KUKA AG

8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Business performance
8.5.4 Key strategies and developments
8.5.5 SWOT analysis of KUKA AG

8.6 iRobot

8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Business performance
8.6.4 Key strategies and developments
8.6.5 SWOT analysis of iRobot.

8.7 Intuitive Surgical

8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Business performance
8.7.4 Key strategies and developments
8.7.5 SWOT analysis of Intuitive Surgical

8.8 Honda Motor Co., Ltd.

8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Business performance
8.8.4 Key strategies and developments
8.8.5 SWOT analysis of Honda Motor Co., Ltd

8.9 Kawasaki Heavy Industries, Ltd

8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Business performance
8.9.4 Key strategies and developments
8.9.5 SWOT analysis of Heavy Industries, Ltd

8.10 Yamaha Corporation

8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Business performance
8.10.4 Key strategies and developments
8.10.5 SWOT analysis of Yamaha Corporation

List Of Tables

Table 1 Global Robotics Technology Market Revenue By Geography, 2013–2020 ($ Million)
Table 2 Global Robotics Technology Base Case Scenario Market Revenue By Geography, 2020–2025 ($ Million)
Table 3 Robotics Technology Optimistic Case Scenario Market Revenue By Geography, 2020–2025 ($ Million)
Table 4 Robotics Technology Critical Case Scenario Market Revenue By Geography, 2020-2025 ($ Million)
Table 5 Global Robotics Technology Market Revenue By Product Type, 2013-2020 ($ Million)
Table 6 Global Industrial Robotics Technology Market Revenue By Geography, 2013-2020 ($ Million)
Table 7 Global Mobile Robotics Market Revenue By Geography, 2013-2020 ($ Million)
Table 8 Global Service Robotics Market Revenue By Geography, 2013-2020 ($ Million)
Table 9 Global Other Robotics Market Revenue By Geography, 2013-2020 ($ Million)
Table 10 Global Robotics Technology Market Revenue By Components 2013-2020 ($ Million)
Table 11 Global Robotics Technology Hardware Component Market Revenue By Region 2013-2020 ($ Million)
Table 12 Global Robotics Technology Software Component Market Revenue By Region 2013-2020 ($ Million)
Table 13 Global Robotics Technology Service Component Market Revenue By Region 2013-2020 ($ Million)
Table 14 Global Robotics Technology Market Revenue By Application 2013-2020 ($ Million)
Table 15 Global Healthcare Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 16 Global Defense And Security Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 17 Global Aerospace Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 18 Global Automotive Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 19 Global Electronics Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 20 Global Domestic Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 21 Global Other Applications Robotics Technology Market Revenue By Geography 2013-2020 ($ Million)
Table 22 Global North America Robotics Technology Market Revenue By Type 2013-2020 ($ Million)
Table 23 Global Europe Robotics Technology Market Revenue By Type 2013-2020 ($ Million)
Table 24 Global Asia-Pacific Robotics Technology Market Revenue By Type 2013-2020 ($ Million)
Table 25 Global Lamea Robotics Technology Market Revenue By Type 2013-2020 ($ Million)
Table 26 ABB Group Snapshot
Table 27 Adept Technology snapshot
Table 28 Yaskawa Electric Corporation Snapshot
Table 29 Fanuc Corporation Snapshot
Table 30 Kuka Ag Snapshot
Table 31 Irobot Snapshot
Table 32 Intuitive Surgical Snapshot
Table 33 Honda Motor Co., Ltd. Snapshot
Table 34 Kawasaki Heavy Industries, Ltd Snapshot
Table 35 Yamaha Corporation Snapshot

List Of Figures

Fig. 1 Top Impacting Factors, Base Case Scenario (2020-2025)
Fig. 2 Top Impacting Factors, Optimistic Case Scenario (2020-2025)
Fig. 3 Top Impacting Factors, Critical Case Scenario (2020-2025)
Fig. 4 Top Impacting Factors
Fig. 5 Top Investment Pockets
Fig. 6 Top Winning Strategies In Global Robotics Technology Market
Fig. 7 Top Winning Strategies In Global Robotics Technology By Leading Players
Fig. 8 Value Chain Analysis Of Robotics Technology Market
Fig. 9 Market Share Analysis Of Robotics Suppliers
Fig. 10 Porter’s Five Forces Model
Fig. 11 Revenue Generated By ABB Group ($ Million, 2012 – 2014)
Fig. 12 Revenue Of ABB Group In Percentage By Business Segments 2014
Fig. 13 Revenue Of ABB Group In Percentage By Geography 2014
Fig. 14 SWOT Analysis Of ABB Group
Fig. 15 Revenue Generated By Adept Technology ($ Million, 2012 – 2014)
Fig. 16 Revenue Of Adept Technology In Percentage By Business Segments (2014)
Fig. 17 Revenue Of Adept Technology In Percentage By Geography (2014)
Fig. 18 SWOT Analysis Of Adept Technology
Fig. 19 Revenue Generated By Yaskawa Electric Corporation ($ Million, 2012 – 2014)
Fig. 20 Revenue Of Yaskawa Electric Corporation In Percentage By Business Segments 2014
Fig. 21 Revenue Of Yaskawa Electric Corporation In Percentage By Geography 2014
Fig. 22 SWOT Analysis Of Yaskawa Electric Corporation
Fig. 23 Revenue Generated By Fanuc Corporation ($ Million, 2013– 2014)
Fig. 24 Revenue Of Fanuc Corporation In Percentage By Business Segment 2014
Fig. 25 Revenue Of Fanuc Corporation In Percentage By Geography 2014
Fig. 26 SWOT Analysis Of Fanuc Corporation
Fig. 27 Revenue Generated By Kuka Ag ($ Million, 2012 – 2014)
Fig. 28 Revenue Of Kuka Ag In Percentage By Business Segments 2014
Fig. 29 Revenue Of Kuka Ag In Percentage By Geography 2014
Fig. 30 SWOT Analysis Of Kuka Ag
Fig. 31 Revenue Generated By Irobot ($ Million, 2012 – 2014)
Fig. 32 Revenue Of Irobot In Percentage By Business Segments 2014
Fig. 33 SWOT Analysis Of Irobot
Fig. 34 Revenue Generated By Intuitive Surgical ($ Million, 2012 – 2014)
Fig. 35 Revenue Of Intuitive Surgical In Percentage By Operating Segments 2014
Fig. 36 SWOT Analysis Of Intuitive Surgical
Fig. 37 Revenue Generated By Honda Motor Co., Ltd. ($ Million, 2012 – 2014)
Fig. 38 Revenue Of Honda motor Co., Ltd. In Percentage By Business Segments 2014
Fig. 39 Revenue Of Honda Motor Co., Ltd. In Percentage By Geography 2014
Fig. 40 SWOT Analysis Of Honda Motor Co., Ltd.
Fig. 41 Revenue Generated By Kawasaki Heavy Industries, Ltd ($ Million, 2012 – 2014)
Fig. 42 Revenue Of Kawasaki Heavy Industries, Ltd In Percentage By Business Segments 2014
Fig. 43 Revenue Of Kawasaki Heavy Industries, Ltd In Percentage By Geography 2014
Fig. 44 SWOT Analysis Of Kawasaki Heavy Industries, Ltd
Fig. 45 Revenue Generated By Yamaha Corporation ($ Million, 2011 – 2013)
Fig. 46 Revenue Of Yamaha Corporation In Percentage By Operating Segments 2014
Fig. 47 Revenue Of Yamaha Corporation In Percentage By Geography2014
Fig. 48 SWOT Analysis Of Yamaha Corporation

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FEATURED COMPANIES

  • ABB Group
  • Adept Technology
  • Fanuc Corporation
  • Honda Motor Co., Ltd.
  • Intuitive Surgical
  • iRobot
  • MORE
According to this new report entitled, "Global Robotics Technology Market- Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013-2020", the global robotics technology market is expected to reach $82.7 billion by 2020, registering a CAGR of 10.11% during 2014 - 2020. The increasing demand for automation in all aspects of life has majorly contributed to the growth of robots. Rising labor costs has pushed organizations to automate their processes with the use of robots. Growing adoption of robots by SMEs will transform the market. Earlier, the robots were only restricted to manufacturing process. However, with the advent of advanced technologies, they are entering homes, offices, hospitals and other institutions. APAC region dominates this market growing at a CAGR of 8.71%. It generates a major revenue in this market owing to the high density of automotive companies in the region.

The growth of smart technologies like smart phones have fueled the growth of this market. Use of robots have increased across all sectors owing to the increase in labor costs and unavailability of skilled labor. There has been a substantial investment in research and development by public and private organizations to further explore and develop new technologies and applications for robotics. A number of international organizations like Standardized Procedures for the Advancement of Robotic Combat (SPARC) and International Federation of Robotics (IFR) have been started to support robotics and supplement its growth. Key players in the market are increasingly developing low-cost, affordable, compact and energy-efficient solutions to cater the growing demands of the customers.

The adoption of robots across a wide range of industries including manufacturing, healthcare, defense and security, automotive, electronics, and food and beverage has accelerated the growth of the market. Robots deliver better quality products and services more efficiently, with less wastage and without causing physical damage to humans due to their autonomous nature. They help to reduce operating costs, while increasing production output. The increasing use of robotics will boost the growth of the market in the coming future. Robots are being used in a diverse range of applications including tele-surgery, pharmacy, physical and mental therapy, bomb diffusion, mine detection, rescue of the wounded soldiers, space exploration, manufacturing of aircrafts, production of electronics equipment and in domestic chores. Automotive sector generates a major share of the revenue and constituted 39.04% of the global revenue in 2013, followed by Electronics sector which accounted for 20.24%.

Industrial robots dominate the robotics market, with a percentage share of 66.10% in 2013, followed by service robots. Service robots find applications in healthcare, agriculture, construction and infrastructure. In the coming years, service robotics and mobile robotics would increase their penetration in the market at a rapid pace. However, high initial prices, complex technologies, safety and ethical issues regarding the use of robots might restrict the growth of this market.

SMEs are a largely untapped market. Owing to the high initial investment, SMEs are hesitant toward the adoption of robotics. The key players are now developing affordable, compact, customized and energy-efficient robotics solutions aimed at increasing the efficiency of SMEs. Labor unions have protested against the use of robotics, which rendered the loss of jobs to robots. However, according to International Federation of Robotics (IFR), the robotics industry would create more jobs than it replaces. The IFR projects that 1.9 to 3.5 million jobs will be created by the year 2021.

Key findings of the study:

- The Global Robotics Technology Market would grow at a steady rate during the forecasted period owing to the increasing demand for automation and rising labor costs
- The automotive sector accounted for 39.04% of the Global Robotics market in 2013. Other industries including healthcare, defense and security and aerospace would grow at a fast pace during 2013-2020
- High growth is expected in service robotics and mobile robotics due to technological advancements and growing adoption in diverse industries

There is stiff competition in the Global Robotics Technology Market. Key players in the global market including ABB Group, Fanuc Corporation, iRobot, Kawasaki Heavy Industries and KUKA AG are consistently launching new products to enhance their offerings in the market. A number of acquisitions and collaborations occurring in the market enable these vendors to expand their geographic presence and penetrate into emerging economies.
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- ABB Group
- Adept Technology
- Fanuc Corporation
- Honda Motor Co., Ltd.
- iRobot
- Intuitive Surgical
- KUKA AG
- Kawasaki Heavy Industries
- Yamaha Corporation
- Yaskawa Electric Corporation

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