Asia-Pacific Industrial Robots Market 2021-2028

MARKET OUTLOOK

This report suggests that the Asia-Pacific industrial robots market is expected to witness growth at a compound annual growth rate of 11.04% through the years 2021-2028. South Korea, Australia & New Zealand, India, ASEAN countries, Japan, China, and Rest of APAC form the market in this region.

India is one of the top ten countries with the most installation of industrial robots, as per the World Robotics Report 2020. Additionally, recently, Ola entered into a partnership with Swedish automation company ABB for robotics and automation solutions for its electric scooters’ manufacturing facilities. Other than this, ABB India established a new robotics facility to support the digital transformation of manufacturing in the country. These developments influence the adoption of industrial robots for various purposes during the product life cycle, fueling the growth of the industrial robots market within India.

On the other hand, South Korea is among the world leaders in LCD and memory chip manufacturing. Moreover, it is emerging as a hub for motor vehicles and battery production for electric vehicles. The country witnessed a surge in the number of industrial robots in the past few years, with the electronics industry majorly adopting these robots. Major companies in the country, such as LG, Samsung, and others, have enhanced the use of industrial robots in their manufacturing facilities. Hence, these factors actively contribute to the progression of the industrial robots market across South Korea.

COMPETITIVE OUTLOOK

Leading firms in the industrial robots market are Kawasaki Heavy Industries Ltd, Universal Robots, ABB Ltd, Rethink Robotics, Fanuc Corporation, Omron Adept, and Schunk GmbH.

1. Asia-Pacific 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. Asia-Pacific 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. Asia-Pacific 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. Asia-Pacific 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. Asia-Pacific Industrial Robots Market - Regional Outlook

6.1. China
6.2. Japan
6.3. India
6.4. South Korea
6.5. Asean Countries
6.6. Australia & New Zealand
6.7. Rest of Asia-Pacific

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: Asia-Pacific Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Asia-Pacific Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 4: Asia-Pacific Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 5: Asia-Pacific Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 6: Asia-Pacific Industrial Robots Market, by Country, 2021-2028 (In $ Million)

Figure List

Figure 1: Market Attractiveness Index
Figure 2: Asia-Pacific Industrial Robots Market, by Type, 2020 & 2028 (In %)
Figure 3: Asia-Pacific Industrial Robots Market, by Articulated Robots, 2021-2028 (In $ Million)
Figure 4: Asia-Pacific Industrial Robots Market, by Cartesian Robots, 2021-2028 (In $ Million)
Figure 5: Asia-Pacific Industrial Robots Market, by Scara Robots, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific Industrial Robots Market, by Cylindrical Robots, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Industrial Robots Market, by Other Robots, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Industrial Robots Market, by Application, 2020 & 2028 (In %)
Figure 9: Asia-Pacific Industrial Robots Market, by Material Handling, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Industrial Robots Market, by Assembling & Disassembling, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific Industrial Robots Market, by Welding & Soldering, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Industrial Robots Market, by Dispensing, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Industrial Robots Market, by Processing, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Industrial Robots Market, by Other Applications, 2021-2028 (In $ Million)
Figure 15: Asia-Pacific Industrial Robots Market, by Verticals, 2020 & 2028 (In %)
Figure 16: Asia-Pacific Industrial Robots Market, by Automotive, 2021-2028 (In $ Million)
Figure 17: Asia-Pacific Industrial Robots Market, by Electronic & Electric, 2021-2028 (In $ Million)
Figure 18: Asia-Pacific Industrial Robots Market, by Machinery Products & Metal, 2021-2028 (In $ Million)
Figure 19: Asia-Pacific Industrial Robots Market, by Chemical, Plastics & Rubber, 2021-2028 (In $ Million)
Figure 20: Asia-Pacific Industrial Robots Market, by Food & Beverage, 2021-2028 (In $ Million)
Figure 21: Asia-Pacific Industrial Robots Market, by Other Verticals, 2021-2028 (In $ Million)
Figure 22: Asia-Pacific Industrial Robots Market, Regional Outlook, 2020 & 2028 (In %)
Figure 23: China Industrial Robots Market 2021-2028 (In $ Million)
Figure 24: Japan Industrial Robots Market 2021-2028 (In $ Million)
Figure 25: India Industrial Robots Market 2021-2028 (In $ Million)
Figure 26: South Korea Industrial Robots Market 2021-2028 (In $ Million)
Figure 27: Asean Countries Industrial Robots Market 2021-2028 (In $ Million)
Figure 28: Australia & New Zealand Industrial Robots Market 2021-2028 (In $ Million)
Figure 29: Rest of Asia-Pacific Industrial Robots Market 2021-2028 (In $ Million)