Market Overview:
The global industrial robotics market is expected to grow at a CAGR of 7.5% 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 robotics market. Asia Pacific is expected to be the fastest-growing region in the global industrial robotics market during the forecast period.
Product Definition:
Industrial Robotics refers to the use of robots in an industrial setting. They are used for tasks such as welding, fabricating, assembly, and packaging. Industrial robotics is important because it increases efficiency and lowers costs.
Articulated Robots:
Articulated robots are used to perform multiple tasks by moving parts of the body. They are majorly used in industrial applications for handling heavy loads and work positioning. The articulated robot has a number of different joints in its body which enables it to carry out various movements, hence the name articulating robot.
The key driving factors responsible for growth of articulated robots include growing demand from end-user industries such as automotive & transportation, food & beverage.
Parallel Robots:
Parallel robots are used to perform several tasks at the same time. These robots have a number of advantages over conventional robots, which include high speed and accuracy in performing operations. In addition, parallel robot can work with different tools and simultaneously carry out several operations making it an ideal choice for industrial applications.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for vehicles, especially in developed economies such as North America and Europe. Automotive manufacturing is one of the highest impactful industries that are using robots extensively across various applications such as body, paint, panel, chassis assembly; welding; final drive assembly line; engine installation etc.
Electrical and electronics industry uses robots for high volume production lines where precision is required but cannot be afforded due to high costs or human labor would have been expensive than it already has been.
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 and is anticipated to grow at a CAGR exceeding 6% from 2018 to 2030. This growth can be attributed to rising labor costs, increasing disposable income, improving economic conditions, and growing industrialization across emerging economies such as China, India, Japan among others.
The Asia Pacific regional market includes countries such as China which has one of the largest robot populations globally along with Japan that houses some of the major manufacturing facilities for industrial robots across all regions. South Korea also plays an important role in complementing regional growth owing to its robust electronics industry while India contributes significantly towards service sector activities including information technology (IT), BFSI, retail among others thereby driving demand for automation technologies within these sectors.
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 robotics in small- and medium-sized enterprises (SMEs)
- Proliferation of artificial intelligence (AI) and machine learning technologies in industrial robotics
- Emergence of new applications for industrial robotics in areas such as 3D printing, food processing, and pharmaceuticals
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Robotics 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, Others
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(China), Estun Automation(China), Guangzhou CNC(China), STEP Electric(China), Codian Robotics(Netherlands), Guangdong Topstar(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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Robotics Market Report Segments:
The global Industrial Robotics 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, 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:
- 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(China)
- Estun Automation(China)
- Guangzhou CNC(China)
- STEP Electric(China)
- Codian Robotics(Netherlands)
- Guangdong Topstar(China)
Highlights of The Industrial Robotics 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
- 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 Robotics 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 robotics is a subset of industrial automation that refers to the use of robots in manufacturing and other industrial processes. Robotics technology has been used in factories for many years, but the recent development of sophisticated sensors and controllers has made industrial robotics much more versatile and efficient. Today, industrial robots are used in a wide variety of industries, from automotive manufacturing to food processing.
Some of the key players operating in the industrial robotics 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(China), Estun Automation(China), Guangzhou CNC(China), STEP Electric(China), Codian Robotics(Netherlands), Guangdong Topstar(China).
The industrial robotics market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Robotics 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 Robotics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Robotics Market - Supply Chain
4.5. Global Industrial Robotics Market Forecast
4.5.1. Industrial Robotics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Robotics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Robotics Market Absolute $ Opportunity
5. Global Industrial Robotics 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 Robotics 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 Robotics 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 Robotics 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. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Robotics 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 Robotics 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 Robotics 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 Robotics 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 Robotics Demand Share Forecast, 2019-2029
9. North America Industrial Robotics 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 Robotics 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 Robotics 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. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Robotics 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 Robotics Demand Share Forecast, 2019-2029
10. Latin America Industrial Robotics 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 Robotics 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 Robotics 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. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Robotics 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 Robotics Demand Share Forecast, 2019-2029
11. Europe Industrial Robotics 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 Robotics 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 Robotics 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. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Robotics 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. Cylindrica Robots
11.7.5. Cartesian 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 Robotics Demand Share, 2019-2029
12. Asia Pacific Industrial Robotics 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 Robotics 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 Robotics 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. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Robotics 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 Robotics Demand Share, 2019-2029
13. Middle East & Africa Industrial Robotics 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 Robotics 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 Robotics 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. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Robotics 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 Robotics Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Robotics Market: Market Share Analysis
14.2. Industrial Robotics Distributors and Customers
14.3. Industrial Robotics 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
