The global industrial production output has plummeted in the recent years. The industrial robots have witnessed sluggish demand in conventional industries such as automobiles and heavy engineering. However, increased need for automation in non-conventional areas, such as micro-electronics, has fostered the market growth. Hence, an auxiliary channel utilizing industrial robotics has surfaced in the recent years. The heavy engineering sector drives the demand for industrial robotics.
The global industrial robotics market is impacted by several factors such as usage of industrial robotics in the manufacturing industry, increased demand for automation activities in the industry, reduction in custom duties, and evolving robotics & AI industry. Furthermore, high cost of industrial robotics solutions is a major hindrance for the market growth.
The report segments the industrial robotics market based on the type of robots into articulated robots, cylindrical robots, SCARA robots, Cartesian robots, and other types. Based on the end user industry, the market is segmented into automotive, electrical & electronics, chemical, rubber & plastics, machinery, metals, food & beverages, precision & optics, and others.
The market is segmented based on functions include soldering & welding, materials handling, assembling & disassembling, painting & dispensing, milling, cutting, & processing, and others.
The global industrial robotics market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and rest of the world (RoW).
The report provides the market share analysis of the industry participants. The key players have also been profiled along with company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of industrial robotics. The major market participants profiled in this report include Kuka Robotics, Denso, Fanuc, Mitsubishi, and Universal Robots.
This study provides the analytical depiction of the global industrial robotics market along with the trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain stronger coverage in the market.
The report presents information regarding key drivers, restraints, and opportunities along with detailed impact analyses.
Quantitative analysis of the market for the period of 2014–2022 is provided to determine its financial competency.
Porter’s five forces analysis of the industrial robotics industry illustrates the potency of buyers and suppliers.
KEY MARKET SEGMENTS
The industrial robotics market is segmented based on type, industry, function, and geography.
INDUSTRIAL ROBOTICS MARKET, BY TYPE
INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY
Electrical & Electronics
Chemical, Rubber & Plastics
Food & Beverages
Precision & Optics
INDUSTRIAL ROBOTICS MARKET, BY FUNCTION
Soldering and Welding
Assembling & Disassembling
Painting and Dispensing
Milling, Cutting and Processing
INDUSTRIAL ROBOTICS MARKET, BY GEOGRAPHY
1.1 Report Description
1.2 Key Market Segments
1.3 Research Methodology
1.3.1 Secondary Research
1.3.2 Primary Research
1.3.3 Analyst Tools And Models
Chapter 2 Executive Summary
Chapter 3 Market Scenario To 2025
3.1 Rapid Growth Scenario And Forecast, 2020 - 2025
3.2 Moderate Growth Scenario And Forecast, 2020 - 2025
3.3 Diminishing Growth Scenario And Forecast, 2020 - 2025
3.4 Analysts' Viewpoint
Chapter 4 Market Overview
4.1 Market Definition And Scope
4.2 Future Prospects For Industrial Robotics Application
4.3 Demand For Industrial Robotics
4.4 Key Findings
4.5 Top Factors Impacting Global Industrial Robotics Market
4.6 Top Wining Strategies
4.7 Top Investment Pockets
4.8 Market Dynamics
188.8.131.52 Reduction Of Duties And Refurbished Goods
184.108.40.206 Increasing Demand For Automation Due To High Labor Cost
220.127.116.11 Stagnation Of Industrial Manufacturing
18.104.22.168 High Cost And Uncertainty
22.214.171.124 Evolving Robotics And Ai Industry
4.9 Value Chain Analysis
4.10 Porters Five Forces Analysis
4.10.1 Bargaining Power Of Suppliers
4.10.2 Bargaining Power Of Buyers
4.10.3 Threat Of New Entrants
4.10.4 Threat From Substitutes
4.10.5 Degree Of Competition
4.11 Market Share Analysis, 2012 & 2013
Chapter 5 Global Industrial Robotics Market, By Type
5.1 Industrial Robotics Market: Type Overview
5.1.1 Global Industrial Robotics Market, By Type
5.2 Articulated Robots
5.2.1 Global Articulated Robots Market
5.2.2 Global Articulated Robots Market, By Industry
5.3 Cartesian Robots
5.3.1 Global Cartesian Robots Market
5.3.2 Global Articulated Robots Market, By Industry
5.4 Scara Robots
5.4.1 Global Scara Robots Market
5.4.2 Global Scara Robots Market, By Industry
5.5 Cylindrical Robots
5.5.1 Global Cylindrical Robots Market
5.5.2 Global Cylindrical Robots Market, By Industry
5.6 Other Robots
5.6.1 Global Other Robots Market
5.6.2 Global Other Robots Market, By Industry
Chapter 6 Global Industrial Robotics Market, By Industry
6.1 Industrial Robotics Market: Industry Overview
6.1.1 Global Industrial Robotics Market, By Industry
6.1.2 Application Drivers
126.96.36.199 Penetration To New Industries
188.8.131.52 Adoption Of Robotics In Smes
6.1.3 Application Restraints
184.108.40.206 Slowdown Of Automotive Industry And Stagnated Industrial Growth.
6.2.1 Global Automotive Industry Market
6.3 Electrical & Electronics
6.3.1 Global Electrical & Electronics Industry Market
6.4 Chemical, Rubber & Plastics
6.4.1 Global Chemical, Rubber & Plastics Industry Market
6.5.1 Global Machinery Industry Market
6.6.1 Global Metals Industry Market
6.7 Food & Beverages
6.7.1 Global Food & Beverages Industry Market
6.8 Precision & Optics
6.8.1 Global Precision & Optics Industry Market
6.9.1 Global Others Industry Market
Chapter 7 Global Industrial Robotics Market, By Function
7.1 Industrial Robotics Market: Function Overview
7.1.1 Global Industrial Robotics Market Share By Function
7.2 Soldering And Welding
7.2.1 Global Soldering And Welding Function Market
7.3 Materials Handling
7.3.1 Global Materials Handling Function Market
7.4 Assembling And Disassembling
7.4.1 Global Assembling And Disassembling Function Market
7.5 Painting And Dispensing
7.5.1 Global Painting And Dispensing Function Market
7.6 Milling, Cutting And Processing
7.6.1 Global Milling, Cutting, And Processing Function Market
7.7.1 Global Others Function Market
Chapter 8 Global Industrial Robotics Market, By Region
8.1 Global Industrial Robotics Market: Regional Overview
8.1.1 Global Industrial Robotics Market Share, By Geography
8.2 North America
8.2.1 North America Industrial Robotics Market
8.2.2 North America Industrial Robotics Market, By Type
8.2.3 North America Industrial Robotics Market, By Industry
8.2.4 North America Industrial Robotics Market, By Function
8.3.1 Europe Industrial Robotics Market
8.3.2 Europe Industrial Robotics Market, By Type
8.3.3 Europe Industrial Robotics Market, By Industry
8.3.4 Europe Industrial Robotics Market, By Function
8.4.1 Asia-Pacific Industrial Robotics Market
8.4.2 Asia-Pacific Industrial Robotics Market, By Type
8.4.3 Asia-Pacific Industrial Robotics Market, By Industry
8.4.4 Asia-Pacific Industrial Robotics Market, By Function
8.5 Rest Of The World (Row)
8.5.1 Rest Of The World Industrial Robotics Market
8.5.2 Rest Of The World Industrial Robotics Market By Types
8.5.3 Rest Of The World Industrial Robotics Market By Industry
8.5.4 Rest Of The World Industrial Robotics Market By Function
Chapter 9 Company Profiles
9.1 Daihen Corporation
9.1.1 Company Overview
9.1.2 Company Snapshot
9.1.3 Business Performance
9.1.4 Strategic Moves And Developments
9.1.5 Swot Analysis Of Daihen Corporation
9.2 Denso Corporation
9.2.1 Company Overview
9.2.2 Company Snapshot
9.2.3 Business Performance
9.2.4 Strategic Moves And Developments
9.2.5 Swot Analysis Of Denso Corporation
9.3 Epson America, Inc.
9.3.1 Company Overview
9.3.2 Company Snapshot
9.3.3 Business Performance
9.3.4 Strategic Moves And Developments
9.3.5 Swot Analysis Of Epson
9.4 Fanuc Ltd
9.4.1 Company Overview
9.4.2 Company Snapshot
9.4.3 Business Performance
9.4.4 Strategic Moves And Developments
9.4.5 Swot Analysis Of Fanuc Ltd.
9.5 Kawasaki Heavy Industries Ltd.
9.5.1 Company Overview
9.5.2 Company Snapshot
9.5.3 Business Performance
9.5.4 Strategic Moves And Developments
9.5.5 Swot Analysis Of Kawasaki Heavy Industries Limited
9.6 Kuka Robotics Corporation
9.6.1 Company Overview
9.6.2 Company Snapshot
9.6.3 Business Performance
9.6.4 Strategic Moves And Developments
9.6.5 Swot Analysis Kuka Robotics Corporation
9.7 Mitsubishi Electric Corporation
9.7.1 Company Overview
9.7.2 Company Snapshot
9.7.3 Business Performance
9.7.4 Strategic Moves And Developments
9.7.5 Swot Analysis Of Mitsubishi Electric Corporation
9.8 Nachi Robotic Systems, Inc.
9.8.1 Company Overview
9.8.2 Company Snapshot
9.8.3 Business Performance
9.8.4 Strategic Moves And Developments
9.8.5 Swot Analysis Of Nachi Robotics Systems, Inc
9.9 Panasonic Corporation
9.9.1 Company Overview
9.9.2 Company Snapshot
9.9.3 Business Performance
9.9.4 Strategic Moves And Developments
9.9.5 Swot Analysis Of Panasonic Corporation
9.10 Universal Robots
9.10.1 Company Overview
9.10.2 Company Snapshot
9.10.3 Strategic Moves And Developments
9.10.4 Swot Analysis Of Universal Robots
9.11 Yaskawa Motoman Robotics
9.11.1 Company Overview
9.11.2 Company Snapshot
9.11.3 Strategic Moves And Developments
9.11.4 Swot Analysis Of Yaskawa Motoman Robotics
The articulated robots segment accounted for $13 billion in 2012 in the industrial robotics market, owing to increased usage of these robots in the emerging industries such as packaging and healthcare sectors. However, cylindrical robots and other types of robots, such as customized and refurbished robots, are expected to grow at a significant pace in the coming years, owing to their increased demand in the industrial sectors of the Asia-Pacific region. The cylindrical and others segments are estimated to grow at CAGRs of 6.5% and 7.5%, respectively, during the forecast period.
The automotive industry segment dominated the global industrial robotics market in 2012, with a revenue contribution of $7 billion. However, this segment is expected to witness sluggish growth in the near future, owing to slowdown in the automotive industry in the past years and grow at a CAGR of 4.9% during the forecast period. The food & beverages segment is expected to grow at a significant CAGR of 6.9% during the forecast period, owing to spiraling growth of the food & beverages industry. Moreover, increase in need for customized solutions to make the process faster especially in the untapped regions, such as Brazil, Argentina, and South Africa, is expected to drive the food & beverages industry.
Materials handling is the largest segment by function in the global market. In 2012, this segment accounted for over one-third share of the global market, owing to its increased demand over diversified industries such as packaging and electronics, where the market for robots is in its nascent stage especially in the Asia-Pacific and Latin American regions. This segment is expected to continue this trend during the forecast period. Presently, the soldering & welding segment accounted for over one-fourth share of the global industrial robotics market, owing to their aggrandized usage in applications requiring high precision in the machinery industry. The segment accounts for significant share of the market, owing to its price per unit factor rather than volume.
Key Findings of the Industrial Robotics Market
Presently, the articulated robot segment dominates the industrial robotics market, and is expected to this trend throughout the forecast period.
Automotive is the largest application segment in the present scenario, and is projected to maintain its dominance throughout the forecast period.
The food & beverages segment is expected to witness fastest growth rate in the near future.
The material handling is the largest segment in the present scenario, and is expected to maintain this trend during the forecast period.
Asia-Pacific is the largest regional market in the world, followed by North America. It is expected to witness robust growth in the near future.
The key players operating in the industrial robotics industry are Daihen Corporation, Denso Corporation, Epson America, Inc., Fanuc Ltd., Kawasaki Heavy Industries Ltd., KUKA Robotics Corporation, Mitsubishi Electric Corporation, Nachi Robotic Systems, Inc., Panasonic Corporation, and Universal Robotics.
- Daihen Corporation
- Denso Corporation
- Epson America, Inc.
- Fanuc Ltd.
- Kawasaki Heavy Industries Ltd.
- KUKA Robotics Corporation
- Mitsubishi Electric Corporation
- Nachi Robotic Systems, Inc.
- Panasonic Corporation
- Universal Robotics
- Yaskawa Electric Corporation