Market Insights:
Industrial Robotics Market size was valued at USD 15.4 Billion in 2021, registering a CAGR of 11.5% during the forecast period (2022-2030), and the market is projected to be worth USD 41.02 Billion by 2030.
Industrial robotics comprise the robot system which is primarily used for manufacturing purposes. These industrial robots are programmable, automated, and precisely capable of initiating movements on three or more axes. Multiple types of robots are employed by the end-user industries such as healthcare, automobile, and electronics industries to enhance workers’ safety and augment the overall product output.
Industrial Robotics Market Research Report” was just released by Market Research Community. It is divided into several categories, including by Type (Traditional Robots, Articulated, Cartesian, Collaborative Robots), by Payload (Up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 KG, More than 225.00 kg), by Component (Robot Arm, Robot Accessories (End Effectors, Controllers, etc.), Additional Robotic Hardware (Safety Fencing, Fixtures, Conveyors), System Engineering, Software & Programming), by Application (Handling, Welding & Soldering, Assembling & Disassembling, Dispensing, Processing, Others), and companies (PANASONIC CORPORATION, SEIKO EPSON CORPORATION, UNIVERSAL ROBOTS A/S, YASKAWA ELECTRIC CORPORATION, ABB LTD. (ABB ROBOTICS), DAIHEN CORPORATION, DENSO CORPORATION (DENSO ROBOTICS), FANUC CORPORATION, KAWASAKI HEAVY INDUSTRIES LTD., KUKA ROBOTICS CORPORATION, MITSUBISHI ELECTRIC CORPORATION, NACHI-FUJIKOSHI CORPORATION (NACHI ROBOTIC SYSTEMS, INC), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 11.5%, over the forecast period of 2022–2030
Driver:
The industrial robotics market is controlled by numerous factors like the high integration of automation and rapid industrialization, increase in labor costs, and lack of skilled human workforce. Furthermore, emerging opportunities for growth in developing countries and modern technological improvisation in wireless technologies uplift the adoption of industrial robotics in multiple end-use industries. Also, the surged utilization of automation in the automotive manufacturing process and the incorporation of AI and digitalization are major factors that bolster the presence of industrial robots.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 41.02 Billion |
| CAGR (2022-2030) | 11.5% |
| By Type | Traditional Robots, Articulated, Cartesian, Collaborative Robots |
| By Payload | Up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 KG, More than 225.00 kg |
| By Application | Handling, Welding & Soldering, Assembling & Disassembling, Dispensing, Processing, Others. |
| By Component | Robot Arm, Robot Accessories, System Engineering, Software & Programming |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | PANASONIC CORPORATION, SEIKO EPSON CORPORATION, UNIVERSAL ROBOTS A/S, YASKAWA ELECTRIC CORPORATION, ABB LTD. (ABB ROBOTICS), DAIHEN CORPORATION, DENSO CORPORATION (DENSO ROBOTICS), FANUC CORPORATION, KAWASAKI HEAVY INDUSTRIES LTD., KUKA ROBOTICS CORPORATION, MITSUBISHI ELECTRIC CORPORATION, NACHI-FUJIKOSHI CORPORATION (NACHI ROBOTIC SYSTEMS, INC. |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Industrial Robotics market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
PANASONIC CORPORATION, SEIKO EPSON CORPORATION, UNIVERSAL ROBOTS A/S, YASKAWA ELECTRIC CORPORATION, ABB LTD. (ABB ROBOTICS), DAIHEN CORPORATION, DENSO CORPORATION (DENSO ROBOTICS), FANUC CORPORATION, KAWASAKI HEAVY INDUSTRIES LTD., KUKA ROBOTICS CORPORATION, MITSUBISHI ELECTRIC CORPORATION, NACHI-FUJIKOSHI CORPORATION (NACHI ROBOTIC SYSTEMS, INC.
Market Segment Analysis:
By Type
- Traditional Robots
- Collaborative Robots
- by Payload
- Up to 16.00 kg
- 01–60.00 kg
- 01–225.00 KG
- More than 225.00 kg
By Application
- Handling
- Welding & Soldering
- Assembling & Disassembling
- Dispensing
- Processing
- Others
By Component
- Robot Arm
- Robot Accessories (End Effectors, Controllers, etc.)
- Additional Robotic Hardware (Safety Fencing, Fixtures, Conveyors)]
- System Engineering
- Software & Programming
By End Use Industry
- Automotive
- Electrical & Electronics
- Metals & Machinery
- Plastics, Rubbers, & Chemicals
- Food & Beverages
- Precision Engineering & Optics
- Pharmaceuticals & Cosmetics
- Others
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Industrial Robotics industries in the region.
Key Industrial Robotics Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Industrial Robotics Market segments.
– Largest Market Share Held by Industry to Industry for Industrial Robotics
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Industrial Robotics Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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