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Industrial Robotics Market by Type, Industry, and Function: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 240 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578228
The global industrial robotics market was $37,876.0 million in 2020, and is expected to reach $116,848.7 million by 2030, with a CAGR of 11.7% from 2021 to 2030. industrial robot is a type machine that has its own control system and is not operated manually through machines. industrial robot are reprogrammable, multipurpose, axis free, and have physical alteration. The reprogrammable feature of robot helps in performance under various environmental conditions and as per the usage over the industry, while the multipurpose feature helps in adapting to various applications and working automatically into the axis that defines the motion or movement of the robot. industrial robot are generally classified into cylindrical robot, parallel robot, articulated robot, SCARA robot, and linear robot. Linear robot includes- the gantry and the cartesian robot. The cartesian robot are those whose arms features three types of prismatic joints and whose robot axes are coincident with reference to the cartesian coordinate system. SCARA robot has two rotary joints that are parallel. The articulated robot has minimum three rotary joints, whereas in case of cylindrical robot, the axes form the cylindrical coordinate system Industrial robot are used for different industrial applications like packaging, labelling, product inspection, picking, testing, assembling, painting, and welding of different components


The global industrial production output has plummeted in the recent years. The industrial robot have witnessed sluggish demand in conventional industries such as automobiles and heavy engineering. However, increase in 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, increase in demand for automation activities in the industry, decrease in in custom duties, and evolution of robotics & AI industry. Furthermore, high cost of industrial robotics solutions hinder the market growth.

The industrial robotics market is segmented on the basis of type, industry, function and region. On the basis of type, the it is segmented into articulated, cartesian, SCARA, cylindrical, and others. By industry, it is categorized as automotive, electrical & electronics, chemical, rubber & plastics, machinery, food & beverage, and others. By function, it is categorized into soldering & welding; materials handling; assembling & disassembling; painting & dispensing; milling, cutting ,& processing; and others.

Region wise, the global industrial robotics market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global industrial robotics markets market share, and LAMEA is anticipated to secure a leading position during the forecast period.

Competition Analysis
The major players profiled in the industrial robotics market include ABB, DAIHEN Corporation, Denso Corporation, Epson America, Inc., Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kobe Steel, Ltd., Kuka AG, Mitsubishi Electric Corporation, and Yaskawa Electric Corporation.

Major companies in the market have adopted partnership, business expansion, product launch, acquisition, and agreement as their key developmental strategies to offer better products and services to customers in the industrial robotics market.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current trends, future estimations, and dynamics of the industrial robotics market
  • In-depth industrial robotics market analysis is conducted by estimations for the key segments between 2021 and 2030
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities
  • The market forecast analysis from 2021 to 2030 is included in the report
  • The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the market industry

GLOBAL INDUSTRIAL ROBOTICS MARKET SEGMENTS


By Type

  • Articulated
  • Cartesian
  • SCARA
  • Cylindrical
  • Others

By Industry

  • Automotive
  • Electrical & Electronics
  • Chemical Rubber & Plastics
  • Machinery
  • Food & Beverages
  • Others

By Function

  • Soldering & Welding
  • Materials handling
  • Assembling & Disassembling
  • Painting & Dispensing
  • Milling, Cutting & Processing
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • ABB
  • DAIHEN Corporation
  • Denso Corporation
  • Epson America, Inc
  • Fanuc Corporation
  • Kawasaki Heavy Industries Ltd
  • Kobe Steel, Ltd
  • Kuka AG
  • Mitsubishi Electric Corporation
  • Yaskawa Electric Corporation
Frequently Asked Questions about the Global Industrial Robotics Market

What is the estimated value of the Global Industrial Robotics Market?

The Global Industrial Robotics Market was estimated to be valued at $38644.9 million in 2020.

What is the growth rate of the Global Industrial Robotics Market?

The growth rate of the Global Industrial Robotics Market is 11.7%, with an estimated value of $116848.7 million by 2030.

What is the forecasted size of the Global Industrial Robotics Market?

The Global Industrial Robotics Market is estimated to be worth $116848.7 million by 2030.

Who are the key companies in the Global Industrial Robotics Market?

Key companies in the Global Industrial Robotics Market include ABB, DAIHEN Corporation, Denso Corporation, Epson America Inc., Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kobe Steel, Ltd., Kuka AG and Yaskawa Electric Corporation..

Table of Contents

Chapter 1 Introduction
1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models
Chapter 2 Executive Summary
2.1. Cxo Perspective
Chapter 3 Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Winning Strategies
3.2.3. Top Investment Pockets
3.3. Value Chain Analysis
3.4. Porter’S Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Moderate Threat of Substitution
3.4.4. Moderate Threat of New Entrants
3.4.5. High Competitive Rivalry
3.5. Market Share Analysis
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. High Requirement for Automation
3.6.1.2. High Labor Cost and Dearth of Skilled Human Workforce
3.6.1.3. Increase in Investments in R&D Activities
3.6.1.4. Availability of Affordable and Energy-Efficient Robots
3.6.2. Restraint
3.6.2.1. High Initial Investment and Installation Costs
3.6.3. Opportunities
3.6.3.1. Increase in Application Areas
3.6.3.2. Growth in Emerging Economies
3.6.3.3. Evolving Robotics and Ai Industry
Chapter 4 Industrial Robotics Market, by Type
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Articulated Robots
4.2.1. Key Market Trends
4.2.2. Key Drivers and Opportunities
4.2.3. Market Size and Forecast
4.3. Cartesian Robots
4.3.1. Key Market Trends
4.3.2. Key Drivers and Opportunities
4.3.3. Market Size and Forecast
4.4. Scara Robots
4.4.1. Key Market Trends
4.4.2. Key Drivers and Opportunities
4.4.3. Market Size and Forecast
4.5. Cylindrical Robots
4.5.1. Key Market Trends
4.5.2. Key Drivers and Opportunities
4.5.3. Market Size and Forecast
4.6. Other Robots
4.6.1. Key Market Trends
4.6.2. Key Drivers and Opportunities
4.6.3. Market Size and Forecast
Chapter 5 Industrial Robotics Market, by End-User Industry
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Automotive
5.2.1. Key Market Trends
5.2.2. Key Drivers and Opportunities
5.2.3. Market Size and Forecast
5.3. Electrical & Electronics
5.3.1. Key Market Trends
5.3.2. Key Drivers and Opportunities
5.3.3. Market Size and Forecast
5.4. Chemical, Rubber & Plastics
5.4.1. Key Market Trends
5.4.2. Key Drivers and Opportunities
5.4.3. Market Size and Forecast
5.5. Machinery
5.5.1. Key Market Trends
5.5.2. Key Drivers and Opportunities
5.5.3. Market Size and Forecast
5.6. Metals
5.6.1. Key Market Trends
5.6.2. Key Drivers and Opportunities
5.6.3. Market Size and Forecast
5.7. Food & Beverages
5.7.1. Key Market Trends
5.7.2. Key Drivers and Opportunities
5.7.3. Market Size and Forecast
5.8. Precision & Optics
5.8.1. Key Market Trends
5.8.2. Key Drivers and Opportunities
5.8.3. Market Size and Forecast
5.9. Others
5.9.1. Key Market Trends
5.9.2. Key Drivers and Opportunities
5.9.3. Market Size and Forecast
Chapter 6 Industrial Robotics Market, by Function
6.1. Overview
6.1.1. Market Size and Forecast
6.2. Soldering & Welding
6.2.1. Key Market Trends
6.2.2. Key Drivers and Opportunities
6.2.3. Market Size and Forecast
6.3. Material Handling
6.3.1. Key Market Trends
6.3.2. Key Drivers and Opportunities
6.3.3. Market Size and Forecast
6.4. Assembling & Disassembling
6.4.1. Key Market Trends
6.4.2. Key Drivers and Opportunities
6.4.3. Market Size and Forecast
6.5. Painting & Dispensing
6.5.1. Key Market Trends
6.5.2. Key Drivers and Opportunities
6.5.3. Market Size and Forecast
6.6. Milling, Cutting, and Processing
6.6.1. Key Market Trends
6.6.2. Key Drivers and Opportunities
6.6.3. Market Size and Forecast
6.7. Others
6.7.1. Key Market Trends
6.7.2. Key Drivers and Opportunities
6.7.3. Market Size and Forecast
Chapter 7 Industrial Robotics Market, by Geography
7.1. Overview
7.1.1. Market Size and Forecast
7.2. North America
7.2.1. Key Market Trends
7.2.2. Key Drivers and Opportunities
7.2.3. Market Size and Forecast, by Type
7.2.4. Market Size and Forecast, by End-User Industry
7.2.5. Market Size and Forecast, by Function
7.2.6. Market Size and Forecast, by Country
7.2.7. U. S.
7.2.7.1. Market Size and Forecast, by Type
7.2.7.2. Market Size and Forecast, by End-User Industry
7.2.7.3. Market Size and Forecast, by Function
7.2.8. Canada
7.2.8.1. Market Size and Forecast, by Type
7.2.8.2. Market Size and Forecast, by End-User Industry
7.2.8.3. Market Size and Forecast, by Function
7.2.9. Mexico
7.2.9.1. Market Size and Forecast, by Type
7.2.9.2. Market Size and Forecast, by End-User Industry
7.2.9.3. Market Size and Forecast, by Function
7.3. Europe
7.3.1. Key Market Trends
7.3.2. Key Drivers and Opportunities
7.3.3. Market Size and Forecast, by Type
7.3.4. Market Size and Forecast, by End-User Industry
7.3.5. Market Size and Forecast, by Function
7.3.6. Market Size and Forecast, by Country
7.3.7. UK
7.3.7.1. Market Size and Forecast, by Type
7.3.7.2. Market Size and Forecast, by End-User Industry
7.3.7.3. Market Size and Forecast, by Function
7.3.8. Italy
7.3.8.1. Market Size and Forecast, by Type
7.3.8.2. Market Size and Forecast, by End-User Industry
7.3.8.3. Market Size and Forecast, by Function
7.3.9. Germany
7.3.9.1. Market Size and Forecast, by Type
7.3.9.2. Market Size and Forecast, by End-User Industry
7.3.9.3. Market Size and Forecast, by Function
7.3.10. France
7.3.10.1. Market Size and Forecast, by Type
7.3.10.2. Market Size and Forecast, by End-User Industry
7.3.10.3. Market Size and Forecast, by Function
7.3.11. Rest of Europe
7.3.11.1. Market Size and Forecast, by Type
7.3.11.2. Market Size and Forecast, by End-User Industry
7.3.11.3. Market Size and Forecast, by Function
7.4. Asia-Pacific
7.4.1. Key Market Trends
7.4.2. Key Drivers and Opportunities
7.4.3. Market Size and Forecast, by Type
7.4.4. Market Size and Forecast, by End-User Industry
7.4.5. Market Size and Forecast, by Function
7.4.6. Market Size and Forecast, by Country
7.4.7. China
7.4.7.1. Market Size and Forecast, by Type
7.4.7.2. Market Size and Forecast, by End-User Industry
7.4.7.3. Market Size and Forecast, by Function
7.4.8. Japan
7.4.8.1. Market Size and Forecast, by Type
7.4.8.2. Market Size and Forecast, by End-User Industry
7.4.8.3. Market Size and Forecast, by Function
7.4.9. India
7.4.9.1. Market Size and Forecast, by Type
7.4.9.2. Market Size and Forecast, by End-User Industry
7.4.9.3. Market Size and Forecast, by Function
7.4.10. South Korea
7.4.10.1. Market Size and Forecast, by Type
7.4.10.2. Market Size and Forecast, by End-User Industry
7.4.10.3. Market Size and Forecast, by Function
7.4.11. Rest of Asia-Pacific
7.4.11.1. Market Size and Forecast, by Type
7.4.11.2. Market Size and Forecast, by End-User Industry
7.4.11.3. Market Size and Forecast, by Function
7.5. LAMEA
7.5.1. Key Market Trends
7.5.2. Key Drivers and Opportunities
7.5.3. Market Size and Forecast, by Type
7.5.4. Market Size and Forecast, by End-User Industry
7.5.5. Market Size and Forecast, by Function
7.5.6. Market Size and Forecast, by Region
7.5.7. Latin America
7.5.7.1. Market Size and Forecast, by Type
7.5.7.2. Market Size and Forecast, by End-User Industry
7.5.7.3. Market Size and Forecast, by Function
7.5.8. Middle East
7.5.8.1. Market Size and Forecast, by Type
7.5.8.2. Market Size and Forecast, by End-User Industry
7.5.8.3. Market Size and Forecast, by Function
7.5.9. Africa
7.5.9.1. Market Size and Forecast, by Type
7.5.9.2. Market Size and Forecast, by End-User Industry
7.5.9.3. Market Size and Forecast, by Function
Chapter 8 Company Profiles
8.1. Abb Ltd. (Abb Robotics)
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.1.6. Key Strategic Moves and Developments
8.2. Daihen Corporation
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.3. Denso Corporation (Denso Robotics)
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.3.5. Business Performance
8.3.6. Key Strategic Moves and Developments
8.4. Fanuc Corporation
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Business Performance
8.5. Kawasaki Heavy Industries Ltd.
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.5.5. Business Performance
8.5.6. Key Strategic Moves and Developments
8.6. Kuka Robotics Corporation
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.6.5. Business Performance
8.6.6. Key Strategic Moves and Developments
8.7. Mitsubishi Electric Corporation
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Product Portfolio
8.7.5. Business Performance
8.7.6. Key Strategic Moves and Developments
8.8. Nachi-Fujikoshi Corporation (Nachi Robotic Systems, Inc.)
8.8.1. Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.8.5. Business Performance
8.8.6. Key Strategic Moves and Developments
8.9. Panasonic Corporation
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.9.5. Business Performance
8.9.6. Key Strategic Moves and Developments
8.10. Seiko Epson Corporation
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Product Portfolio
8.10.5. Business Performance
8.10.6. Key Strategic Moves and Developments
8.11. Universal Robots A/S
8.11.1. Company Overview
8.11.2. Company Snapshot
8.11.3. Product Portfolio
8.11.4. Key Strategic Moves and Developments
8.12. Yaskawa Electric Corporation
8.12.1. Company Overview
8.12.2. Company Snapshot
8.12.3. Operating Business Segments
8.12.4. Product Portfolio
8.12.5. Business Performance
8.12.6. Key Strategic Moves and Developments
List of Tables
Table 1. Global Industrial Robotics Market, by Type, 2020-2030 ($Million)
Table 2. Articulated Robots Market, by Geography, 2020-2030 ($Million)
Table 3. Cartesian Robots Market, by Geography, 2020-2030 ($Million)
Table 4. Scara Robots Market, by Geography, 2020-2030 ($Million)
Table 5. Cylindrical Robots Market, by Geography, 2020-2030 ($Million)
Table 6. Other Robots Market, by Geography, 2020-2030 ($Million)
Table 7. Global Industrial Robotics Market, by End-User Industry, 2020-2030 ($Million)
Table 8. Industrial Robotics Market for Automotive Industry, by Geography, 2020-2030 ($Million)
Table 9. Industrial Robotics Market for Electrical & Electronics Industry. By Geography, 2020-2030 ($Million)
Table 10. Industrial Robotics Market for Chemical, Rubber & Plastics Industry, by Geography, 2020-2030 ($Million)
Table 11. Industrial Robotics Market for Machinery Industry, by Geography, 2020-2030 ($Million)
Table 12. Industrial Robotics Market for Metal Industry, by Geography, 2020-2030 ($Million)
Table 13. Industrial Robotics Market for Food & Beverages Industry, by Geography, 2020-2030 ($Million)
Table 14. Industrial Robotics Market for Precision & Optics Industry, by Geography, 2020-2030 ($Million)
Table 15. Industrial Robotics Market for Other Industries, by Geography, 2020-2030 ($Million)
Table 16. Global Industrial Robotics Market, by Function, 2020-2030 ($Million)
Table 17. Industrial Robotics Market for Soldering & Welding Function, by Geography, 2020-2030 ($Million)
Table 18. Industrial Robotics Market for Material Handling Function, by Geography, 2020-2030 ($Million)
Table 19. Industrial Robotics Market for Assembling & Disassembling Function, by Geography, 2020-2030 ($Million)
Table 20. Industrial Robotics Market for Painting & Dispensing Function, by Geography, 2020-2030 ($Million)
Table 21. Industrial Robotics Market for Milling, Cutting, and Processing Function, by Geography, 2020-2030 ($Million)
Table 22. Industrial Robotics Market for Other Functions, by Geography, 2020-2030 ($Million)
Table 23. North America Industrial Robotics Market, by Type, 2020-2030 ($Million)
Table 24. North America Industrial Robotics Market, by End-User Industry, 2020-2030 ($Million)
Table 25. North America Industrial Robotics Market, by Function, 2020-2030 ($Million)
Table 26. North America Industrial Robotics Market, by Country, 2020-2030 ($Million)
Table 27. Europe Industrial Robotics Market, by Type, 2020-2030 ($Million)
Table 28. Europe Industrial Robotics Market, by End-User Industry, 2020-2030 ($Million)
Table 29. Europe Industrial Robotics Market, by Function, 2020-2030 ($Million)
Table 30. Europe Industrial Robotics Market, by Country, 2020-2030 ($Million)
Table 31. Asia-Pacific Industrial Robotics Market, by Type, 2020-2030 ($Million)
Table 32. Asia-Pacific Industrial Robotics Market, by End-User Industry, 2020-2030 ($Million)
Table 33. Asia-Pacific Industrial Robotics Market, by Function, 2020-2030 ($Million)
Table 34. Asia-Pacific Industrial Robotics Market, by Country, 2020-2030 ($Million)
Table 35. LAMEA Industrial Robotics Market, by Type, 2020-2030 ($Million)
Table 36. LAMEA Industrial Robotics Market, by End-User Industry, 2020-2030 ($Million)
Table 37. LAMEA Industrial Robotics Market, by Function, 2020-2030 ($Million)
Table 38. LAMEA Industrial Robotics Market, by Region, 2020-2030 ($Million)
Table 39. Abb: Company Snapshot
Table 40. Abb: Operating Segments
Table 41. Abb: Product Portfolio
Table 42. Daihen Corporation: Company Snapshot
Table 43. Daihen Corporation: Operating Segments
Table 44. Daihen Corporation: Product Portfolio
Table 45. Denso: Company Snapshot
Table 46. Denso: Product Segments
Table 47. Denso: Product Portfolio
Table 48. Fanuc: Company Snapshot
Table 49. Fanuc: Operating Segments
Table 50. Fanuc: Product Portfolio
Table 51. Kawasaki: Company Snapshot
Table 52. Kawasaki: Operating Segments
Table 53. Kawasaki: Product Portfolio
Table 54. Kuka Robotics Corporation: Company Snapshot
Table 55. Kuka Robotics Corporation: Product Categories
Table 56. Kuka Robotics Corporation: Product Portfolio
Table 57. Mitsubishi: Company Snapshot
Table 58. Mitsubishi: Operating Segments
Table 59. Mitsubishi: Product Portfolio
Table 60. Nachi-Fujikoshi: Company Snapshot
Table 61. Nachi-Fujikoshi: Company Snapshot
Table 62. Nachi-Fujikoshi: Product Portfolio
Table 63. Panasonic: Company Snapshot
Table 64. Panasonic: Operating Segments
Table 65. Panasonic: Product Portfolio
Table 66. Epson: Company Snapshot
Table 67. Epson: Operating Segments
Table 68. Epson: Product Portfolio
Table 69. Universal Robots A/S: Company Snapshot
Table 70. Universal Robots A/S: Product Portfolio
Table 71. Yaskawa Electric: Company Snapshot
Table 72. Yaskawa Electric: Operating Segments
Table 73. Yaskawa Electric: Product Portfolio
List of Figures
Figure 1. Market Segmentation of the Global Industrial Robotics Market
Figure 2. Executive Summary of the Global Industrial Robotics Market
Figure 3. Top Impacting Factors
Figure 4. Top Winning Strategies, Strategic Share Analysis(%)
Figure 5. Top Winning Strategies
Figure 6. Top Investment Pockets
Figure 7. Value Chain Analysis of Industrial Robotics
Figure 8. Market Share Analysis, 2020 (%)
Figure 9. Global Industrial Robotics Market, by Type, 2020-2030 ($ Million)
Figure 10. Global Articulated Robots Market, 2020-2030 ($ Million)
Figure 11. Global Cartesian Robots Market, 2020-2030 ($ Million)
Figure 12. Global Scara Robots Market, 2020-2030 ($ Million)
Figure 13. Global Cylindrical Robots Market, 2020-2030 ($ Million)
Figure 14. Global Other Robots Market Revenue, 2020-2030 ($ Million)
Figure 15. Global Industrial Robotics Market, by End-User Industry, 2020-2030 ($ Million)
Figure 16. Global Industrial Robotics Market for Automotive Industry, 2020-2030 ($ Million)
Figure 17. Global Industrial Robotics Market for Electrical & Electronics Industry, 2020-2030 ($ Million)
Figure 18. Global Industrial Robotics Market for Chemical, Rubber & Plastics Industry, 2020-2030 ($ Million)
Figure 19. Global Industrial Robotics Market for Machinery Industry, 2020-2030 ($ Million)
Figure 20. Global Industrial Robotics Market for Metal Industry, 2020-2030 ($ Million)
Figure 21. Global Industrial Robotics Market for Food & Beverages Industry, 2020-2030 ($ Million)
Figure 22. Global Industrial Robotics Market for Precision & Optics Industry, 2020-2030 ($ Million)
Figure 23. Global Industrial Robotics Market for Other Industries, 2020-2030 ($ Million)
Figure 24. Global Industrial Robotics Market, by Function, 2020-2013 ($ Million)
Figure 25. Global Industrial Robotics Market for Soldering & Welding Function, 2020-2030 ($ Million)
Figure 26. Global Industrial Robotics Market for Material Handling Function, 2020-2030 ($ Million)
Figure 27. Global Industrial Robotics Market for Assembling & Disassembling Function, 2020-2030 ($ Million)
Figure 28. Global Industrial Robotics Market for Painting & Dispensing Function, 2020-2030 ($ Million)
Figure 29. Global Industrial Robotics Market for Milling, Cutting, and Processing Function, 2020-2030 ($ Million)
Figure 30. Global Industrial Robotics Market for Other Functions, 2020-2030 ($ Million)
Figure 31. North America Industrial Robotics Market, by Country & Type, 2020-2030 ($ Million)
Figure 32. U. S. Industrial Robotics Market, 2020-2030 ($ Million)
Figure 33. Canada Industrial Robotics Market, 2020-2030 ($ Million)
Figure 34. Mexico Industrial Robotics Market, 2020-2030 ($ Million)
Figure 35. Europe Industrial Robotics Market by Country & Type, 2020-2030 ($ Million)
Figure 36. U. K. Industrial Robotics Market, 2020-2030 ($ Million)
Figure 37. Italy Industrial Robotics Market, 2020-2030 ($ Million)
Figure 38. Germany Industrial Robotics Market, 2020-2030 ($ Million)
Figure 39. France Industrial Robotics Market, 2020-2030 ($ Million)
Figure 40. Rest of Europe Industrial Robotics Market, 2020-2030 ($ Million)
Figure 41. Asia-Pacific Industrial Robotics Market by Country & Type, 2020-2013 ($ Million)
Figure 42. China Industrial Robotics Market, 2020-2030 ($ Million)
Figure 43. Japan Industrial Robotics Market, 2020-2030 ($ Million)
Figure 44. India Industrial Robotics Market, 2020-2030 ($ Million)
Figure 45. South Korea Industrial Robotics Market, 2020-2030 ($ Million)
Figure 46. Rest of Asia-Pacific Industrial Robotics Market, 2020-2030 ($ Million)
Figure 47. LAMEA Industrial Robotics Market by Country & Type, 2020-2013 ($ Million)
Figure 48. Latin America Industrial Robotics Market, 2020-2030 ($ Million)
Figure 49. Middle East Industrial Robotics Market, 2020-2030 ($ Million)
Figure 50. Africa Industrial Robotics Market, 2020-2030 ($ Million)
Figure 51. Abb: Net Sales, 2018-2020 ($ Million)
Figure 52. Abb: Revenue Share by Product, 2020 (%)
Figure 53. Abb: Revenue Share by Geography, 2020 (%)
Figure 54. Daihen Corporation: Net Sales, 2018-2020 ($ Million)
Figure 55. Daihen Corporation: Revenue Share by Segment, 2020 (%)
Figure 56. Denso: Net Sales, 2018-2020 ($ Million)
Figure 57. Denso: Revenue Share by Segment, 2020 (%)
Figure 58. Denso: Revenue Share by Geography, 2020 (%)
Figure 59. Fanuc: Net Sales, 2018-2020 ($ Million)
Figure 60. Fanuc: Revenue Share by Segment, 2020 (%)
Figure 61. Fanuc: Revenue Share by Geography, 2020 (%)
Figure 62. Kawasaki: Net Sales, 2018-2020 ($ Million)
Figure 63. Kawasaki: Revenue Share by Segment, 2020 (%)
Figure 64. Kawasaki: Revenue Share by Geography, 2020 (%)
Figure 65. Kuka Robotics Corporation: Net Sales, 2018-2020 ($ Million)
Figure 66. Mitsubishi: Net Sales, 2018-2020 ($ Million)
Figure 67. Mitsubishi: Revenue Share by Segment, 2020 (%)
Figure 68. Mitsubishi: Revenue Share by Geography, 2020 (%)
Figure 69. Nachi-Fujikoshi: Net Sales, 2018-2020 ($ Million)
Figure 70. Nachi-Fujikoshi: Revenue Share by Business Division, 2020 (%)
Figure 71. Nachi-Fujikoshi: Revenue Share by Segment, 2020 (%)
Figure 72. Nachi-Fujikoshi: Revenue Share by Market, 2020 (%)
Figure 73. Nachi-Fujikoshi: Revenue Share by Geography, 2020 (%)
Figure 74. Panasonic: Net Sales, 2018-2020 ($ Million)
Figure 75. Panasonic: Revenue Share by Segment, 2020 (%)
Figure 76. Panasonic: Revenue Share by Geography, 2020 (%)
Figure 77. Epson: Net Sales, 2018-2020 ($ Million)
Figure 78. Epson: Revenue Share by Segment, 2020 (%)
Figure 79. Epson: Revenue Share by Geography, 2020 (%)
Figure 80. Yaskawa Electric: Net Sales, 2018-2020 ($ Million)
Figure 81. Yaskawa Electric: Revenue Share by Segment, 2020 (%)
Figure 82. Yaskawa Electric: Revenue Share by Geography, 2020 (%)

Executive Summary

According to a new report titled, “Industrial Robotics Market by Type, Industry, and Function: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global industrial robotics market size was valued at $37.8 billion in 2020, and is expected to reach $116.8 billion by 2030, with a CAGR of 11.7% from 2021 to 2030. In 2020, Asia-Pacific dominated the global market, in terms of revenue, accounting for around 58.5% share of the global market.

The key factor accelerating the market for industrial robotics is a sudden spur in global industrial output. To emerge from a cyclical slump, the industrial robotics business requires some level of innovation, similar to the automobile or heavy engineering markets. . In addition, shift in political scenarios, such as in India, is expected to see an end to policy paralysis and a boost to industrial productivity, leading to a significant turnaround in the automobile industry as rise in automation in automobile industry will led to installation of industrial robots.

Furthermore, industrial robotics is expected to be used in alternative application areas in growing markets. Electronics is a key area for penetration of industrial robotics and is witnessing significant growth. Another key application of industrial robotics is in the healthcare industry. Nanorobotics, a part of industrial robotics, is gaining momentum in healthcare and other niche markets. Nano robots help in mixing the right compound as per instructions and result in decreasing lead time, which, in turn, helps the company to meet the demand for medicines they are manufacturing from the consumer in the market.

Increase in demand for automation along with reduction of duties on refurbished goods in Asia-Pacific fuels the market growth. In addition, cylindrical robots and other types of robots, such as customized and refurbished robots, are expected to grow at a significant pace in the future, due to the increase in demand in industrial sectors in Asia-Pacific.

In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering of the industrial robotics market growth. However, this situation is expected to improve as government is relaxing norms across the globe for resuming business activities.

The industrial robotics market is segmented on the basis of type, industry, function, and region. On the basis of type, it is segmented into articulated, cartesian, SCARA, cylindrical, and others. By industry it is classified as automotive, electrical & electronics, chemical, rubber & plastics, machinery, food & beverage, and others. On the basis of function, it is categorized into soldering & welding; materials handling; assembling & disassembling; painting & dispensing; milling, cutting, & processing; and others.

Region wise, the industrial robotics market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global industrial robotics market share, and LAMEA is anticipated to secure a leading position during the forecast period.

The major players profiled in the industrial robotics market include ABB, DAIHEN Corporation, Denso Corporation, Epson America, Inc., Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kobe Steel, Ltd., Kuka AG, Mitsubishi Electric Corporation, and Yaskawa Electric Corporation.

Key Findings Of The Study


  • The report provides an extensive analysis of the current and emerging global industrial robotics market Analysis and dynamics
  • On the basis of type, the articulated segment was the largest revenue generator in 2020
  • By industry, the electrical & electronics segment generated the highest revenue in 2020
  • On the basis of function, the materials handling segment dominated the market in 2020
  • Region wise, Asia-Pacific is anticipated to dominate the market throughout the forecast period
  • The report provides an extensive analysis of the global industrial robotics market trends and emerging opportunities of the market
The global industrial robotics market forecast analysis from 2021 to 2030 is included in the report.

Companies Mentioned

  • ABB
  • DAIHEN Corporation
  • Denso Corporation
  • Epson America Inc.
  • Fanuc Corporation
  • Kawasaki Heavy Industries Ltd.
  • Kobe Steel, Ltd.
  • Kuka AG
  • Mitsubishi Electric Corporation
  • Yaskawa Electric Corporation.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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