Market Overview:
The global industrial robot market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The increasing demand for industrial robots from the automotive, electrical and electronics, chemical, rubber and plastic, metal and machinery, food, beverages and pharmaceuticals industries is driving the growth of the global industrial robot market. Asia Pacific is expected to be the fastest-growing region in the global industrial robot market during the forecast period.
Product Definition:
An industrial robot is a robot that performs tasks in an industrial setting. Industrial robots are typically used to automate manufacturing processes, such as welding, painting, and assembling.
Articulated Robots:
Articulated robots are used to perform multiple tasks by moving parts of the body. They are more flexible and can be used in a variety of environments. The technology is relatively new, but has been around for quite some time in the form of articulated arm systems. These arms have many advantages over traditional robotic arms, which makes them ideal for industrial applications where flexibility is required.
Parallel Robots:
Parallel robots are used to perform several tasks at the same time. It is also known as multi-arm or multi-wheeled robot. These robots can be used for various applications including packaging, painting, picking and placing, machine tending and inspection etc. The market size of industrial robotics is expected to cross USD 25 billion by 2022 with a CAGR of XX% from 2015 - 2022.
Application Insights:
The automotive segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for vehicles, especially in developed regions such as North America and Europe. Automotive manufacturing is one of the highest impact rendering applications of industrial robots, which accounts for a significant portion of production activities across various regions worldwide.
Electrical and electronics segment is estimated to witness a CAGR exceeding 11% from 2017 to 2030 owing to growing demand from end-use industries including medical equipment, telecom equipment, semiconductor equipment along with other high added-value low volume manufacturing sectors such as precision instruments and military aircraft components.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to high demand from countries such as China, Japan, South Korea, India, and Taiwan. Robust manufacturing base of automotive companies along with increasing investments by domestic governments towards infrastructure development are some major factors driving regional growth.
The European market was valued at USD X billion in 2017 and is anticipated to witness significant growth over the forecast period on account of growing adoption across several end-use industries including electrical/electronics, metal processing machinery etc., which are characterized by higher technological requirements regarding quality output delivery timeframes as well as cost per unit products or services.
Growth Factors:
- Increasing demand for industrial robots from automotive and electronics industries
- Growing demand for collaborative robots that can work safely with humans
- Rising adoption of industrial robots in small- and medium-sized enterprises (SMEs)
- Increasing use of industrial robots for non-traditional applications such as food processing, pharmaceuticals, and logistics
- Advances in robotics technology that make industrial robots more affordable and easier to use
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Robot Market Research Report
By Type
Articulated Robots, Parallel Robots, SCARA Robots, Cylindrical Robots, Cartesian Robots
By Application
Automotive, Electrical and Electronics, Chemical, Rubber and Plastic, Metal and Machinery, Food, Beverages and Pharmaceuticals, Other
By Companies
FANUC(Japan), KUKA(Germany), ABB(Switzerland), Yaskawa (Motoman)(Japan), Nachi(Japan), Kawasaki Robotics(Japan), Comau(Italy), EPSON Robots(Japan), Staubli(Switzerland), Omron Adept Technologies(US), DENSO Robotics(Japan), OTC Daihen(Japan), Panasonic(Japan), Toshiba(Japan), Mitsubishi Electric(Japan), Yamaha(Japan), Universal Robots(Denmark), Hyundai Robotics(Korea), Robostar(Korea), Star Seiki(Japan), CLOOS(Germany), IGM(Australia), JEL Corporation(Japan), Foxconn(Foxbot)(China), Siasun(China), Anhui EFORT Intelligent Equipment(China), Estun Automation(China), Guangzhou CNC Equipment(China), STEP Electric Corporation, Codian Robotics(Netherlands), Guangdong Topstar Technology(China)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Robot Market Report Segments:
The global Industrial Robot market is segmented on the basis of:
Types
Articulated Robots, Parallel Robots, SCARA Robots, Cylindrical Robots, Cartesian Robots
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
Automotive, Electrical and Electronics, Chemical, Rubber and Plastic, Metal and Machinery, Food, Beverages and Pharmaceuticals, Other
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:
- FANUC(Japan)
- KUKA(Germany)
- ABB(Switzerland)
- Yaskawa (Motoman)(Japan)
- Nachi(Japan)
- Kawasaki Robotics(Japan)
- Comau(Italy)
- EPSON Robots(Japan)
- Staubli(Switzerland)
- Omron Adept Technologies(US)
- DENSO Robotics(Japan)
- OTC Daihen(Japan)
- Panasonic(Japan)
- Toshiba(Japan)
- Mitsubishi Electric(Japan)
- Yamaha(Japan)
- Universal Robots(Denmark)
- Hyundai Robotics(Korea)
- Robostar(Korea)
- Star Seiki(Japan)
- CLOOS(Germany)
- IGM(Australia)
- JEL Corporation(Japan)
- Foxconn(Foxbot)(China)
- Siasun(China)
- Anhui EFORT Intelligent Equipment(China)
- Estun Automation(China)
- Guangzhou CNC Equipment(China)
- STEP Electric Corporation
- Codian Robotics(Netherlands)
- Guangdong Topstar Technology(China)
Highlights of The Industrial Robot 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:
- Articulated Robots
- Parallel Robots
- SCARA Robots
- Cylindrical Robots
- Cartesian Robots
- By Application:
- Automotive
- Electrical and Electronics
- Chemical, Rubber and Plastic
- Metal and Machinery
- Food, Beverages and Pharmaceuticals
- Other
- 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 Robot 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
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- Consumer Insights
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- Product & Brand Management
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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 are machines that are used in factories to help with tasks such as welding, cutting, and moving parts.
Some of the key players operating in the industrial robot market are FANUC(Japan), KUKA(Germany), ABB(Switzerland), Yaskawa (Motoman)(Japan), Nachi(Japan), Kawasaki Robotics(Japan), Comau(Italy), EPSON Robots(Japan), Staubli(Switzerland), Omron Adept Technologies(US), DENSO Robotics(Japan), OTC Daihen(Japan), Panasonic(Japan), Toshiba(Japan), Mitsubishi Electric(Japan), Yamaha(Japan), Universal Robots(Denmark), Hyundai Robotics(Korea), Robostar(Korea), Star Seiki(Japan), CLOOS(Germany), IGM(Australia), JEL Corporation(Japan), Foxconn(Foxbot)(China), Siasun(China), Anhui EFORT Intelligent Equipment(China), Estun Automation(China), Guangzhou CNC Equipment(China), STEP Electric Corporation, Codian Robotics(Netherlands), Guangdong Topstar Technology(China).
The industrial robot market is expected to grow at a compound annual growth rate of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Robot Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Robot Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Robot Market - Supply Chain
4.5. Global Industrial Robot Market Forecast
4.5.1. Industrial Robot Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Robot Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Robot Market Absolute $ Opportunity
5. Global Industrial Robot Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Robot Market Size and Volume Forecast by Type
5.3.1. Articulated Robots
5.3.2. Parallel Robots
5.3.3. SCARA Robots
5.3.4. Cylindrical Robots
5.3.5. Cartesian Robots
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Robot Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Robot Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electrical and Electronics
6.3.3. Chemical, Rubber and Plastic
6.3.4. Metal and Machinery
6.3.5. Food, Beverages and Pharmaceuticals
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Robot Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Robot Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Robot Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Robot Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Robot Demand Share Forecast, 2019-2029
9. North America Industrial Robot Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Robot Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Robot Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electrical and Electronics
9.4.3. Chemical, Rubber and Plastic
9.4.4. Metal and Machinery
9.4.5. Food, Beverages and Pharmaceuticals
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Robot Market Size and Volume Forecast by Type
9.7.1. Articulated Robots
9.7.2. Parallel Robots
9.7.3. SCARA Robots
9.7.4. Cylindrical Robots
9.7.5. Cartesian Robots
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Robot Demand Share Forecast, 2019-2029
10. Latin America Industrial Robot Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Robot Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Robot Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electrical and Electronics
10.4.3. Chemical, Rubber and Plastic
10.4.4. Metal and Machinery
10.4.5. Food, Beverages and Pharmaceuticals
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Robot Market Size and Volume Forecast by Type
10.7.1. Articulated Robots
10.7.2. Parallel Robots
10.7.3. SCARA Robots
10.7.4. Cylindrical Robots
10.7.5. Cartesian Robots
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Robot Demand Share Forecast, 2019-2029
11. Europe Industrial Robot Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Robot Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Robot Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electrical and Electronics
11.4.3. Chemical, Rubber and Plastic
11.4.4. Metal and Machinery
11.4.5. Food, Beverages and Pharmaceuticals
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Robot Market Size and Volume Forecast by Type
11.7.1. Articulated Robots
11.7.2. Parallel Robots
11.7.3. SCARA Robots
11.7.4. Cylindrical Robots
11.7.5. Catesian Robots
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Robot Demand Share, 2019-2029
12. Asia Pacific Industrial Robot Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Robot Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Robot Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electrical and Electronics
12.4.3. Chemical, Rubber and Plastic
12.4.4. Metal and Machinery
12.4.5. Food, Beverages and Pharmaceuticals
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Robot Market Size and Volume Forecast by Type
12.7.1. Articulated Robots
12.7.2. Parallel Robots
12.7.3. SCARA Robots
12.7.4. Cylindrical Robots
12.7.5. Cartesian Robots
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Robot Demand Share, 2019-2029
13. Middle East & Africa Industrial Robot Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Robot Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Robot Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electrical and Electronics
13.4.3. Chemical, Rubber and Plastic
13.4.4. Metal and Machinery
13.4.5. Food, Beverages and Pharmaceuticals
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Robot Market Size and Volume Forecast by Type
13.7.1. Articulated Robots
13.7.2. Parallel Robots
13.7.3. SCARA Robots
13.7.4. Cylindrical Robots
13.7.5. Cartesian Robots
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Robot Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Robot Market: Market Share Analysis
14.2. Industrial Robot Distributors and Customers
14.3. Industrial Robot Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FANUC(Japan)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. KUKA(Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB(Switzerland)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yaskawa (Motoman)(Japan)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nachi(Japan)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kawasaki Robotics(Japan)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Comau(Italy)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EPSON Robots(Japan)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Staubli(Switzerland)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Omron Adept Technologies(US)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DENSO Robotics(Japan)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. OTC Daihen(Japan)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Panasonic(Japan)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toshiba(Japan)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mitsubishi Electric(Japan)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Yamaha(Japan)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Universal Robots(Denmark)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hyundai Robotics(Korea)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Robostar(Korea)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Star Seiki(Japan)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
