Market Overview:
The global industrial robots power supply systems market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial robots across various industries, such as manufacturing, food processing, oil and gas industries, and others. In addition, the growing adoption of inverter power sources in industrial robots is also contributing to the growth of this market. However, high installation and maintenance costs are restraining the growth of this market. Based on type, the global industrial robots power supply systems market can be segmented into inverter power sources and batteries and accessories. The inverter power sources segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its advantages over traditional AC-powered motors used in robotics applications. Based on application, the global industrial robots power supply systems market can be divided into manufacturing industry robotics applications; food processing industry robotics applications; oil and gas industry robotics applications; laboratory automation & medical devices; semiconductor & electronics assembly line; textile production line & other general purpose robotic automation tasks segments respectively).
Product Definition:
Industrial robots power supply systems provide the electrical power necessary to operate industrial robots. They convert AC line voltage into the DC voltages and currents needed to drive the robot's motors and control its electronic components. Without a reliable and properly functioning power supply system, an industrial robot would be unable to function.
Inverter Power Sources:
Inverter power sources are the main source of electric power in industrial robots. They are responsible for providing adequate voltage and current to run the entire system. Inverter is an electronic device that changes the direct current (DC) into alternating current (AC). The AC signal produced by inverters is used by actuators, controllers, motors, and other devices to perform desired tasks or movements.
Batteries and Accessories:
Batteries and accessories are used in industrial robots power supply systems to provide energy to the robot. The working of the robot depends on battery power supply. There are different types of batteries such as Nickel-Metal Hydride (NiMH), Lithium-Ion (Li-ion), and lead acid batteries that are used in industrial robots for their power source.
Application Insights:
The manufacturing application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for industrial robots from manufacturing industries, such as automotive, consumer electronics, medical equipment and others.
The food processing industry is also anticipated to witness significant growth owing to increasing demand for packaged food products across the globe. Industrial robots are used in packaging lines where high accuracy and speed are required. Thus power supply system plays a crucial role in providing stable electrical supply during machine operation at high speeds with low energy consumption. Industrial robot manufacturers including YASKAWA Europe GmbH., ABB Ltd., KUKA AG & Co., Panasonic Corporation among others have developed advanced packages along with batteries that provide long-lasting performance suitable for heavy-duty operations on a daily basis without maintenance or charging issues whatsoever.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing manufacturing activities in countries, such as China and India. In addition, rising adoption of automation in various industrial applications is anticipated to drive demand for industrial robots and power supply systems across this region.
The Middle East & Africa (MEA) accounted for a significant share owing to growing oil & gas industry in countries such as Saudi Arabia and UAE. Moreover, rapid development of industries including food processing and pharmaceuticals due to favorable government policies will boost product demand over the forecast period. However, economic slowdown witnessed across some MEA countries may hamper market growth during the forecast years from 2018 to 2030 (USDbrake).
North America held a substantial revenue share within global markets owing both volume as well as revenue generation through application of Industrial Robots technology across several major industries worldwide; especially within U.S.
Growth Factors:
- Increasing demand for industrial robots from automotive and electronics industries
- Rising adoption of collaborative robots
- Growing demand for industrial robots in small and medium-sized enterprises (SMEs)
- Increasing investments in research and development (R&D) activities by robot manufacturers to develop new products
- Proliferation of Internet of Things (IoT) and artificial intelligence (AI) across various industry verticals
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Robots Power Supply Systems Market Research Report
By Type
Inverter Power Sources, Batteries and Accessories
By Application
Manufacturing, Food Processing, Oil and Gas Industries, Others
By Companies
ESAB, Fronius International, Lincoln Electric, Panasonic, Yaskawa Motoman, Vertivco, Lucas-Nülle, OTC Daihen, Artesyn, KUKA, StorTronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Robots Power Supply Systems Market Report Segments:
The global Industrial Robots Power Supply Systems market is segmented on the basis of:
Types
Inverter Power Sources, Batteries and Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Food Processing, Oil and Gas Industries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ESAB
- Fronius International
- Lincoln Electric
- Panasonic
- Yaskawa Motoman
- Vertivco
- Lucas-Nülle
- OTC Daihen
- Artesyn
- KUKA
- StorTronics
Highlights of The Industrial Robots Power Supply Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inverter Power Sources
- Batteries and Accessories
- By Application:
- Manufacturing
- Food Processing
- Oil and Gas Industries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Robots Power Supply Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial robots power supply systems are designed to provide the necessary power to operate industrial robots. These systems typically include a battery, an inverter, and a controller. The battery supplies power to the robot while the inverter converts this energy into usable electrical signals. The controller manages these signals and ensures that the robot operates safely and efficiently.
Some of the major players in the industrial robots power supply systems market are ESAB, Fronius International, Lincoln Electric, Panasonic, Yaskawa Motoman, Vertivco, Lucas-NƒÂ¼lle, OTC Daihen, Artesyn, KUKA, StorTronics.
The industrial robots power supply systems market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Robots Power Supply Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Robots Power Supply Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Robots Power Supply Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Robots Power Supply Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Robots Power Supply Systems Market Size & Forecast, 2018-2028
4.5.1 Industrial Robots Power Supply Systems Market Size and Y-o-Y Growth
4.5.2 Industrial Robots Power Supply Systems Market Absolute $ Opportunity
Chapter 5 Global Industrial Robots Power Supply Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Robots Power Supply Systems Market Size Forecast by Type
5.2.1 Inverter Power Sources
5.2.2 Batteries and Accessories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Robots Power Supply Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Robots Power Supply Systems Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Food Processing
6.2.3 Oil and Gas Industries
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Robots Power Supply Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Robots Power Supply Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Robots Power Supply Systems Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Robots Power Supply Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Robots Power Supply Systems Market Size Forecast by Type
9.6.1 Inverter Power Sources
9.6.2 Batteries and Accessories
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Robots Power Supply Systems Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Food Processing
9.10.3 Oil and Gas Industries
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Robots Power Supply Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Robots Power Supply Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Robots Power Supply Systems Market Size Forecast by Type
10.6.1 Inverter Power Sources
10.6.2 Batteries and Accessories
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Robots Power Supply Systems Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Food Processing
10.10.3 Oil and Gas Industries
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Robots Power Supply Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Robots Power Supply Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Robots Power Supply Systems Market Size Forecast by Type
11.6.1 Inverter Power Sources
11.6.2 Batteries and Accessories
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Robots Power Supply Systems Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Food Processing
11.10.3 Oil and Gas Industries
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Robots Power Supply Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Robots Power Supply Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Robots Power Supply Systems Market Size Forecast by Type
12.6.1 Inverter Power Sources
12.6.2 Batteries and Accessories
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Robots Power Supply Systems Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Food Processing
12.10.3 Oil and Gas Industries
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Robots Power Supply Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Robots Power Supply Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Robots Power Supply Systems Market Size Forecast by Type
13.6.1 Inverter Power Sources
13.6.2 Batteries and Accessories
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Robots Power Supply Systems Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Food Processing
13.10.3 Oil and Gas Industries
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Robots Power Supply Systems Market: Competitive Dashboard
14.2 Global Industrial Robots Power Supply Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ESAB
14.3.2 Fronius International
14.3.3 Lincoln Electric
14.3.4 Panasonic
14.3.5 Yaskawa Motoman
14.3.6 Vertivco
14.3.7 Lucas-Nülle
14.3.8 OTC Daihen
14.3.9 Artesyn
14.3.10 KUKA
14.3.11 StorTronics
