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Global Industrial Robots Market 2021-2028

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    Report

  • 220 Pages
  • October 2021
  • Region: Global
  • Triton Market Research
  • ID: 5459456

MARKET OUTLOOK


Based on this report, the global industrial robots market is anticipated to register growth at a CAGR of 10.35% through the projected period of 2021-2028.

Factors such as rising R&D investments in robots, rising adoption of industrial robots, and emerging smart factories are stimulating the growth of the studied market. Robots are widely adopted in the F&B industry as they comply with stringent hygiene regulations, meeting growing demand. Additionally, the employment of cobots in workplaces, coupled with the implementation of AI in industrial robots, creates new opportunities for the industrial robots market.

However, the high cost, lack of skilled labor, and resistance among employees are restricting the development of the industrial robots market to a large extent.

REGIONAL OUTLOOK


The global industrial robots market covers North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa regions.

Globally, the Asia-Pacific is likely to witness the fastest growth in the industrial robots market over the forecasted period. The region is among the strongest market for industrial robots as governments are investing heavily in robotics and AI research. As a result, AI, high investments, and tax incentives at the national level have paved the way for robot adoption across various industries. Among major industries, robots are widely adopted in the electrical and electronics industry. Several manufacturers opt for robotic automation to improve productivity and output quality, which drives the progression of the industrial robots market across the region.

COMPETITIVE OUTLOOK


The major companies in the industrial robots market include Nachi Fujikoshi Corporation, Kuka AG, Rethink Robotics, Kawasaki Heavy Industries Ltd, Omron Adept, ABB Ltd, Schunk GmbH, Fanuc Corporation, Universal Robots, Mitsubishi Electric Corporation, Staubli International AG, Rockwell Automation Inc, Aurotek Corporation, Yamaha Robotics, and Seiko Epson Corporation.

ABB Ltd is a global provider of power and automation technologies. It offers products, systems, solutions, and services to enhance productivity, increase power reliability, and improve energy efficiency. Additionally, it provides digitally connected industrial equipment and systems to consumers across transport, utilities, and infrastructure industries, among others. ABB has operations across Europe, Asia-Pacific, Latin America, North America, and Middle East and Africa. It is headquartered in Switzerland.

Table of Contents

1. Global Industrial Robots Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on Industrial Robots Market
2.2. Key Insights
2.2.1. Growing Industrial IoT 4.0
2.2.2. Use of Robots to Reduce Carbon Footprint
2.2.3. Incorporating Human-Robot Interaction in Industrial Robots
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Contracts & Agreements
2.6.2. Product Launches
2.6.3. Investments & Expansions
2.7. Market Drivers
2.7.1. Rising R&D Investments in Robots
2.7.2. Increasing Adoption of Industrial Robots
2.7.3. Emerging Smart Factories
2.8. Market Challenges
2.8.1. Scarcity of Skilled Workforce
2.8.2. Resistance Among Employees
2.8.3. High Cost of Industrial Robots
2.9. Market Opportunities
2.9.1. Employing Cobots in Workplaces
2.9.2. Adoption of Autonomous Mobile Robots (Amrs)
2.9.3. Utilization of Ai in Industrial Robots
3. Global Industrial Robots Market Outlook - by Type
3.1. Articulated Robots
3.2. Cartesian Robots
3.3. Scara Robots
3.4. Cylindrical Robots
3.5. Other Robots
4. Global Industrial Robots Market Outlook - by Application
4.1. Material Handling
4.2. Assembling & Disassembling
4.3. Welding & Soldering
4.4. Dispensing
4.5. Processing
4.6. Other Applications
5. Global Industrial Robots Market Outlook - by Verticals
5.1. Automotive
5.2. Electronic & Electric
5.3. Machinery Products & Metal
5.4. Chemical, Plastics, & Rubber
5.5. Food & Beverage
5.6. Other Verticals
6. Global Industrial Robots Market - Regional Outlook
6.1. North America
6.1.1. Market by Type
6.1.2. Market by Application
6.1.3. Market by Verticals
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Type
6.2.2. Market by Application
6.2.3. Market by Verticals
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Type
6.3.2. Market by Application
6.3.3. Market by Verticals
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Type
6.4.2. Market by Application
6.4.3. Market by Verticals
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Type
6.5.2. Market by Application
6.5.3. Market by Verticals
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Saudi Arabia
6.5.4.3. Turkey
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa
7. Competitive Landscape
7.1. Abb Ltd
7.2. Aurotek Corporation
7.3. Fanuc Corporation
7.4. Kawasaki Heavy Industries Ltd
7.5. Kuka AG
7.6. Mitsubishi Electric Corporation
7.7. Nachi Fujikoshi Corporation
7.8. Omron Adept
7.9. Rethink Robotics
7.10. Rockwell Automation Inc
7.11. Schunk GmbH
7.12. Seiko Epson Corporation
7.13. Staubli International AG
7.14. Universal Robots
7.15. Yamaha Robotics
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology
Table List
Table 1: Global Industrial Robots Market, by Geography, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Global Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 4: Global Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 5: Global Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 6: Global Industrial Robots Market, by Geography, 2021-2028 (In $ Million)
Table 7: North America Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 8: North America Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 9: North America Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 10: North America Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 11: Europe Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 12: Europe Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 13: Europe Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 14: Europe Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 15: Asia-Pacific Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 16: Asia-Pacific Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 17: Asia-Pacific Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 18: Asia-Pacific Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 19: Latin America Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 20: Latin America Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 21: Latin America Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 22: Latin America Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 23: Middle East and Africa Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 24: Middle East and Africa Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 25: Middle East and Africa Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 26: Middle East and Africa Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Global Industrial Robots Market, by Type, 2020 & 2028 (In %)
Figure 3: Global Industrial Robots Market, by Articulated Robots, 2021-2028 (In $ Million)
Figure 4: Global Industrial Robots Market, by Cartesian Robots, 2021-2028 (In $ Million)
Figure 5: Global Industrial Robots Market, by Scara Robots, 2021-2028 (In $ Million)
Figure 6: Global Industrial Robots Market, by Cylindrical Robots, 2021-2028 (In $ Million)
Figure 7: Global Industrial Robots Market, by Other Robots, 2021-2028 (In $ Million)
Figure 8: Global Industrial Robots Market, by Application, 2020 & 2028 (In %)
Figure 9: Global Industrial Robots Market, by Material Handling, 2021-2028 (In $ Million)
Figure 10: Global Industrial Robots Market, by Assembling & Disassembling, 2021-2028 (In $ Million)
Figure 11: Global Industrial Robots Market, by Welding & Soldering, 2021-2028 (In $ Million)
Figure 12: Global Industrial Robots Market, by Dispensing, 2021-2028 (In $ Million)
Figure 13: Global Industrial Robots Market, by Processing, 2021-2028 (In $ Million)
Figure 14: Global Industrial Robots Market, by Other Applications, 2021-2028 (In $ Million)
Figure 15: Global Industrial Robots Market, by Verticals, 2020 & 2028 (In %)
Figure 16: Global Industrial Robots Market, by Automotive, 2021-2028 (In $ Million)
Figure 17: Global Industrial Robots Market, by Electronic & Electric, 2021-2028 (In $ Million)
Figure 18: Global Industrial Robots Market, by Machinery Products & Metal, 2021-2028 (In $ Million)
Figure 19: Global Industrial Robots Market, by Chemical, Plastics, & Rubber, 2021-2028 (In $ Million)
Figure 20: Global Industrial Robots Market, by Food & Beverage, 2021-2028 (In $ Million)
Figure 21: Global Industrial Robots Market, by Other Verticals, 2021-2028 (In $ Million)
Figure 22: Global Industrial Robots Market, Regional Outlook, 2020 & 2028 (In %)
Figure 23: United States Industrial Robots Market 2021-2028 (In $ Million)
Figure 24: Canada Industrial Robots Market 2021-2028 (In $ Million)
Figure 25: United Kingdom Industrial Robots Market 2021-2028 (In $ Million)
Figure 26: Germany Industrial Robots Market 2021-2028 (In $ Million)
Figure 27: France Industrial Robots Market 2021-2028 (In $ Million)
Figure 28: Spain Industrial Robots Market 2021-2028 (In $ Million)
Figure 29: Italy Industrial Robots Market 2021-2028 (In $ Million)
Figure 30: Russia Industrial Robots Market 2021-2028 (In $ Million)
Figure 31: Rest of Europe Industrial Robots Market 2021-2028 (In $ Million)
Figure 32: China Industrial Robots Market 2021-2028 (In $ Million)
Figure 33: Japan Industrial Robots Market 2021-2028 (In $ Million)
Figure 34: India Industrial Robots Market 2021-2028 (In $ Million)
Figure 35: South Korea Industrial Robots Market 2021-2028 (In $ Million)
Figure 36: Asean Countries Industrial Robots Market 2021-2028 (In $ Million)
Figure 37: Australia & New Zealand Industrial Robots Market 2021-2028 (In $ Million)
Figure 38: Rest of Asia-Pacific Industrial Robots Market 2021-2028 (In $ Million)
Figure 39: Brazil Industrial Robots Market 2021-2028 (In $ Million)
Figure 40: Mexico Industrial Robots Market 2021-2028 (In $ Million)
Figure 41: Rest of Latin America Industrial Robots Market 2021-2028 (In $ Million)
Figure 42: United Arab Emirates Industrial Robots Market 2021-2028 (In $ Million)
Figure 43: Saudi Arabia Industrial Robots Market 2021-2028 (In $ Million)
Figure 44: Turkey Industrial Robots Market 2021-2028 (In $ Million)
Figure 45: South Africa Industrial Robots Market 2021-2028 (In $ Million)
Figure 46: Rest of Middle East & Africa Industrial Robots Market 2021-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Abb Ltd
  • Aurotek Corporation
  • Fanuc Corporation
  • Kawasaki Heavy Industries Ltd
  • Kuka AG
  • Mitsubishi Electric Corporation
  • Nachi Fujikoshi Corporation
  • Omron Adept
  • Rethink Robotics
  • Rockwell Automation Inc
  • Schunk GmbH
  • Seiko Epson Corporation
  • Staubli International AG
  • Universal Robots
  • Yamaha Robotics

Methodology

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