Used and Refurbished Robots Market in APAC 2017-2021

  • ID: 4332700
  • Report
  • 78 pages
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FEATURED COMPANIES

  • ABB
  • Autotech Robotics
  • EUROBOTS
  • KUKA
  • Mitsubishi Electric
  • Yaskawa Motoman
  • MORE
About Used and Refurbished Robots Market in APAC 2017-2021

Robots that are reconditioned and restored to their original operating condition and deployed in industrial applications are categorized as used and refurbished robots. Used robots are usually disassembled, inspected, and tested for replacement of any mechanical/electrical component and then reassembled back to their original state. These robots undergo replacement of components and specification testing. Industrial robots are developed by international and regional players and are used in different industries for various applications such as material handling and logistics, assembly-line, welding, and painting. Used and refurbished robots that are 8 to 10 years old are procured from industries where they are no longer fit for industrial applications.

The analysts forecast the used and refurbished robots market in APAC to grow at a CAGR of 7.11% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the used and refurbished robots market in APAC for 2017-2021. To calculate the market size, the report considers the new installations, shipments, sales and retrofit, replacement, spares, aftermarket, and services market.

The market is divided into the following segments based on geography:
  • China
  • Indonesia
  • Japan
  • Singapore
  • South Korea
  • Taiwan
  • Others
The report, Used and Refurbished Robots Market in APAC 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • ABB
  • KUKA
  • Scott Technology (RobotWorx)
  • Yaskawa Motoman
Other prominent vendors
  • Autotech Robotics
  • Mitsubishi Electric
  • EUROBOTS
Market drivers
  • Cost-effective industrial robots
  • For a full, detailed list, view the full report
Market challenges
  • Lack of customization
  • For a full, detailed list, view the full report
Market trends
  • Attaining high precision and just in time
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the Key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Autotech Robotics
  • EUROBOTS
  • KUKA
  • Mitsubishi Electric
  • Yaskawa Motoman
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Market overview
  • Used and refurbished robots market in APAC by material handling and logistics
  • Used and refurbished robots market in APAC by assembly line
  • Used and refurbished robots market in APAC by welding
  • Used and refurbished robots market in APAC by painting
PART 07: Market segmentation by end-user
  • Market overview
  • Used and refurbished robots market in APAC by automotive industry
  • Used and refurbished robots market in APAC by electronics and electricals industry
  • Used and refurbished robots market in APAC by heavy machinery industry
  • Used and refurbished robots market in APAC by other industries
PART 08: Geographical segmentation
  • Market overview
  • Used and refurbished robots market in China
  • Used and refurbished robots market in Japan
  • Used and refurbished robots market in South Korea
  • Used and refurbished robots market in Singapore
  • Used and refurbished robots market in Taiwan
  • Used and refurbished robots market in Indonesia
  • Used and refurbished robots market in other countries
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Integration of artificial intelligence
  • Attaining high precision and just in time
  • Collaborative robots
PART 12: Vendor landscape
  • Competition overview
  • Other prominent vendors
PART 13: Key vendor analysis
  • ABB
  • KUKA
  • Scott Technology (RobotWorx)
  • Yaskawa Motoman
  • Key takeaways
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Advantages of used and refurbished robots
Exhibit 02: Used and refurbished robots market in APAC
Exhibit 03: Supply chain analysis of used and refurbished robots market in APAC
Exhibit 04: Used and refurbished robots market in APAC 2016-2021 ($ billions)
Exhibit 05: Performance of used and refurbished robots market in APAC
Exhibit 06: Five forces analysis
Exhibit 07: Used and refurbished robots market in APAC by application 2016 and 2021 (% revenue)
Exhibit 08: Used and refurbished robots market in APAC by material handling and logistics 2016-2021 ($ billions)
Exhibit 09: Performance of used and refurbished robots market in APAC by material handling and logistics application
Exhibit 10: Used and refurbished robots market in APAC by assembly line 2016-2021 ($ billions)
Exhibit 11: Performance of used and refurbished robots market in APAC by assembly line application
Exhibit 12: Used and refurbished robots market in APAC by welding 2016-2021 ($ billions)
Exhibit 13: Performance of used and refurbished robots market in APAC by welding application
Exhibit 14: Types of welding performed by robots
Exhibit 15: Used and refurbished robots market in APAC by painting 2016-2021 ($ billions)
Exhibit 16: Performance of used and refurbished robots market in APAC by painting application
Exhibit 17: Used and refurbished robots market in APAC by end-user 2016 and 2021 (% revenue)
Exhibit 18: Used and refurbished robots market in APAC by automotive industry 2016-2021 ($ billions)
Exhibit 19: Performance of used and refurbished robots market in APAC by automotive industry
Exhibit 20: Used and refurbished robots market in APAC by electronics and electricals industry 2016-2021 ($ billions)
Exhibit 21: Performance of used and refurbished robots market in APAC by electronics and electricals industry
Exhibit 22: Used and refurbished robots market in APAC by heavy machinery 2016-2021 ($ billions)
Exhibit 23: Performance of used and refurbished robots market in APAC by heavy machinery industry
Exhibit 24: Used and refurbished robots market in APAC by other industries 2016-2021 ($ billions)
Exhibit 25: Performance of used and refurbished robots market in APAC by other industries
Exhibit 26: Used and refurbished robots market in APAC by geography 2016 and 2021 (% revenue)
Exhibit 27: Project investments in APAC
Exhibit 28: Used and refurbished robots market in China 2016-2021 ($ billions)
Exhibit 29: Used and refurbished robots market in Japan 2016-2021 ($ billions)
Exhibit 30: Used and refurbished robots market in South Korea 2016-2021 ($ billions)
Exhibit 31: Used and refurbished robots market in Singapore 2016-2021 ($ billions)
Exhibit 32: Used and refurbished robots market in Taiwan 2016-2021 ($ billions)
Exhibit 33: Used and refurbished robots market in Indonesia 2016-2021 ($ billions)
Exhibit 34: Used and refurbished robots market in other countries 2016-2021 ($ billions)
Exhibit 35: Current and future scenario in used and refurbished robots market in APAC
Exhibit 36: Other prominent vendors (manufacturers)
Exhibit 37: Other prominent vendors (system integrators)
Exhibit 38: End-users
Exhibit 39: Recent developments
Exhibit 40: End-user industries
Exhibit 41: Recent developments
Exhibit 42: Subsidiaries of Scott Technology
Exhibit 43: Recent developments
Exhibit 44: Recent developments
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FEATURED COMPANIES

  • ABB
  • Autotech Robotics
  • EUROBOTS
  • KUKA
  • Mitsubishi Electric
  • Yaskawa Motoman
  • MORE
New Report Released: – Used and Refurbished Robots Market in APAC 2017-2021

The author of the report recognizes the following companies as the key players in the report title minus years: ABB,
KUKA, Scott Technology (RobotWorx), and Yaskawa Motoman.

Other Prominent Vendors in the market are: Autotech Robotics, Mitsubishi Electric, and EUROBOTS.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is attaining high precision and just in time. With the development of sophisticated industrial robots, industries are adopting the latest technologies to improve the quality and quantity of production. To achieve just in time, industries are constantly adopting robots that offer precision and reduce wastage of raw materials. Unlike manual operations, industrial robots offer high precision, which improves the quality of production. In addition, these robots are fast and skilled, which reduces the process cycle time. APAC is cost-sensitive and is transforming its manufacturing capabilities from manual to automation. Developing nations are adopting used and refurbished robots that are less expensive and reduce the operational cost of industries. ”

According to the report, one of the major drivers for this market is Cost-effective industrial robots. Industrial robots vary by different applications they are used in, payload capacities, sizes, technology, and arm-reach. In addition, the incorporation of advanced technologies such as vision system and GPS makes these industrial robots fully automated, adding on to the overall cost of these robots. Therefore, the construction of new robots is expensive and increases first-time investments in robotics for industries. However, used and refurbished robots are 40%-50% cheaper than new industrial robots. In addition, the implementation cost of reconditioned robots is also less when compared with new robots.

Further, the report states that one of the major factors hindering the growth of this market is Lack of customization. The advancement in industrial automation has resulted in the development of sophisticated industrial robots. These robots involve customization in the overall structure and technology. However, used and refurbished robots cannot be customized as they are reconditioned robots. Customization involves part replacements, painting of the body, cleaning and denting, and certification. This does not provide many options to end-users to modify the technology or integrate digital technology with these robots. The robotic system implemented must also be compatible with the pre-installed digital technology and information technology infrastructure. At times, the limitation of the overall industrial facility reduces the flexibility of industries to use new technology. On account of these factors, the used and refurbished robots market finds it extremely difficult to adapt to a rapidly evolving industrial environment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ABB
  • KUKA
  • Scott Technology (RobotWorx)
  • Yaskawa Motoman
  • Autotech Robotics
  • Mitsubishi Electric
  • EUROBOTS
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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