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Latin America Industrial Robots Market 2021-2028

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    Report

  • 116 Pages
  • October 2021
  • Region: Latin America
  • Triton Market Research
  • ID: 5459459

MARKET OUTLOOK


This report predicts that the industrial robots market in Latin America is set to surge at a compound annual growth rate of 9.21% during the assessed years from 2021 to 2028. Brazil, Mexico, and Rest of Latin America shape the overall market in the assessed region.

Over the past few years, the Argentine government encouraged investors by enacting legislation that benefits startups and technology businesses. This has led to a rise in the number of businesses employing AI, machine leading, and robots. Additionally, federal aid and regulations can help companies advance their product offering, in turn, meeting the rising demand for robots. Hence, these factors are widening the scope and growth of the industrial robots market across Argentina.

On the other hand, Chile is concentrating on robotics and AI to enhance productivity across multiple industries. Earlier, Zippedi launched an AI-powered robot to streamline inventory management across the country. Furthermore, autonomous mobile robot supplier Geek+ introduced robots in Walmart outlets in the country. Along with this, several other international players are setting up business operations in the country, which will increase the adoption of robots. Therefore, the growing adoption of industrial robots across industries is projected to accelerate the industrial robots market’s development in Chile.

COMPETITIVE OUTLOOK


The renowned companies in the industrial robots market are Rethink Robotics, Kawasaki Heavy Industries Ltd, Omron Adept, ABB Ltd, Schunk GmbH, Fanuc Corporation, Universal Robots, and Mitsubishi Electric Corporation.

Table of Contents

1. Latin America 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. Latin America 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. Latin America 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. Latin America 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. Latin America Industrial Robots Market - Regional Outlook
6.1. Brazil
6.2. Mexico
6.3. Rest of Latin America
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: Latin America Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Latin America Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 4: Latin America Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 5: Latin America Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 6: Latin America Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Latin America Industrial Robots Market, by Type, 2020 & 2028 (In %)
Figure 3: Latin America Industrial Robots Market, by Articulated Robots, 2021-2028 (In $ Million)
Figure 4: Latin America Industrial Robots Market, by Cartesian Robots, 2021-2028 (In $ Million)
Figure 5: Latin America Industrial Robots Market, by Scara Robots, 2021-2028 (In $ Million)
Figure 6: Latin America Industrial Robots Market, by Cylindrical Robots, 2021-2028 (In $ Million)
Figure 7: Latin America Industrial Robots Market, by Other Robots, 2021-2028 (In $ Million)
Figure 8: Latin America Industrial Robots Market, by Application, 2020 & 2028 (In %)
Figure 9: Latin America Industrial Robots Market, by Material Handling, 2021-2028 (In $ Million)
Figure 10: Latin America Industrial Robots Market, by Assembling & Disassembling, 2021-2028 (In $ Million)
Figure 11: Latin America Industrial Robots Market, by Welding & Soldering, 2021-2028 (In $ Million)
Figure 12: Latin America Industrial Robots Market, by Dispensing, 2021-2028 (In $ Million)
Figure 13: Latin America Industrial Robots Market, by Processing, 2021-2028 (In $ Million)
Figure 14: Latin America Industrial Robots Market, by Other Applications, 2021-2028 (In $ Million)
Figure 15: Latin America Industrial Robots Market, by Verticals, 2020 & 2028 (In %)
Figure 16: Latin America Industrial Robots Market, by Automotive, 2021-2028 (In $ Million)
Figure 17: Latin America Industrial Robots Market, by Electronic & Electric, 2021-2028 (In $ Million)
Figure 18: Latin America Industrial Robots Market, by Machinery Products & Metal, 2021-2028 (In $ Million)
Figure 19: Latin America Industrial Robots Market, by Chemical, Plastics & Rubber, 2021-2028 (In $ Million)
Figure 20: Latin America Industrial Robots Market, by Food & Beverage, 2021-2028 (In $ Million)
Figure 21: Latin America Industrial Robots Market, by Other Verticals, 2021-2028 (In $ Million)
Figure 22: Latin America Industrial Robots Market, Regional Outlook, 2020 & 2028 (In %)
Figure 23: Brazil Industrial Robots Market 2021-2028 (In $ Million)
Figure 24: Mexico Industrial Robots Market 2021-2028 (In $ Million)
Figure 25: Rest of Latin America 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