Request for Sample
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
MarketResearch.biz delivers in-depth insights on the global industrial robotics market in its upcoming report titled, “Global Industrial Robotics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global industrial robotics market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global industrial robotics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global industrial robotics market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global industrial robotics market report has been segmented on the basis of function, application, and region.
International organization of standardization defines industrial robots as “automatically controlled, reprogrammable multipurpose manipulator programmable in three or more axes”. Industrial robotics is making manufacturing industry smarter and efficient by minimizing waste, defects, downtime, and cost reduction. In addition, this new generation robots possess human characteristics such as intelligence, flexibility, memory and ability to learn, and recognition of object. Installation of industrial robotics have helped organization gain competitive advantage and build dynamic business process.
Primary factor driving growth of the global industrial robotics market is increased demand for automation in manufacturing, packaging, and automobile industry in order to meet production demand and industry standards. In addition, increasing adoption of industrial robots by small and medium scale enterprises (SMSE) is further fueling growth of this market. Also, development of self-programming robots owing to advancement in artificial intelligence is expected to boost demand for the industrial robotics market globally in near future. Increasing industrial robotics adoption in chemical, food and beverages, electrical and electronics sectors have resulted in new opportunities over past few years.
Some of the challenges faced by the global industrial robotics market are high installation and maintenance cost, performance uncertainty and lack of skilled workforce to operate and manage automated machines. Apart from the industrial robots’ market, software and hardware for these robots, education and training, business consulting and services etc. are also representing great opportunities.
Asia Pacific dominates the global industrial robotics market and is expected to grow at significant pace during the forecast period. Asia Pacific holds nearly XX% of the market share. This is attributed to increasing international investment for manufacturing units in countries like China and India owing to low cost of production. North America holds second position owing to rising production capacities and presence of large automotive players.
Global Industrial Robotics Market Segmentation:
Global industrial robotics market segmentation by function:
- Soldering and Welding
- Materials Handling
- Assembling & Disassembling
- Painting and Dispensing
- Milling, Cutting and Processing
Global industrial robotics market segmentation by application:
- Printing and packaging
- Food processing
Global industrial robotics market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- FANUC Corporation
- DENSO Corporation
- ABB Ltd.
- Yaskawa Electric Corporation
- Kawasaki Heavy Industries Ltd.
- KUKA AG
- Comau S.p.A
- Panasonic Corporation
Request for TOC
Don't just take our word. We are trusted by these great companies!